Added to YB: 2023-01-08
Pitch date: 2023-01-06
KINO.L [bullish]
Sureserve Compliance Electrical Holdings Limited
Author Info
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Company Info
Sureserve Compliance Electrical Holdings Limited engages in providing specialist property services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom.
Market Cap
GBP 55.1M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.04
P/E
11.18
EV/Sales
0.94
Sector
Commercial Services and Supplies
Category
value
Cinema - One quick cigar buttn
KINO.L: Restructured UK micro-cap providing mechanical/electrical services to local authorities. 97% recurring rev, growing 30-61% across segments. Trading <7x FCF (14.5% yield vs 3.7% UK bonds) post-DCB separation issues requiring £4.3M payout. Visible rev of £146M over 3yrs. CEO Bullen turned around prior co 4x, owns 2.25%, repaid £10.9M debt. Risks: competitive bidding on fixed-price contracts can cause bankruptcy if miscalculated, 58% customer concentration, illiquid shares.
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