Added to YB: 2026-04-27
Pitch date: 2026-04-23
CHH.L [bullish]
Churchill China plc
-0.71%
current return
Author Info
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Company Info
Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally.
Market Cap
GBP 40.1M
Pitch Price
GBP 3.52
Price Target
691.00 (+19643%)
Dividend
5.75%
EV/EBITDA
3.22
P/E
9.20
EV/Sales
0.42
Sector
Household Durables
Category
value
Churchill China (CHH) – A 231-Year-Old Ceramics Manufacturer at Close to ATL Multiples
CHH.L: 231-yr UK ceramics maker for hospitality at 0.64x P/TB (vs 3.12x 10yr median), 4.8x EBIT. Net cash £10.8M. EBIT margin 8% vs 11.7% 10yr avg due to weak hospitality demand & pricing pressure. Upside: normalized margins + multiple re-rating to 1x TB = 92% (24% CAGR) or 6x EBITDA = 120% (28% CAGR). Risk: energy costs, weak demand persists.
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