Added to YB: 2024-11-04
Pitch date: 2024-11-02
TMG.L [bullish]
The Mission Group plc
-2.5%
current return
Author Info
NoBrainerStocks shares no brainer investment ideas in their newsletter. Sign up for the newsletter.
Company Info
The Mission Group plc provides marketing and advertising related services in the United Kingdom, rest of Europe, Asia, and the United States.
Market Cap
GBP 21.8M
Pitch Price
GBP 0.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.42
P/E
27.79
EV/Sales
0.30
Sector
Media
Category
turnaround
The Mission Group plc - $TMG.L
TMG.L: Consistently profitable ad agency collection trading at 4x depressed FY23 earnings. Former chairman who led 2010 turnaround back. £5M cost cuts planned. £25M adjusted net debt. Value Restoration Plan: no acquisitions, minimal capex, debt paydown. Upside from cost savings, deleveraging. Risks: acquisition liabilities, management decisions.
Read full article (9 min)