Added to YB: 2026-07-24
Pitch date: 2026-07-22
FSTA.L [bullish]
Fuller, Smith & Turner P.L.C.
+1.9%
current return
Author Info
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Company Info
Fuller, Smith & Turner P.L.C. operates pubs and hotels in the United Kingdom. It operates through the Managed Pubs and Hotels, and Tenanted Inns segments.
Market Cap
GBP 400.0M
Pitch Price
GBP 7.36
Price Target
1.1K (+15400%)
Dividend
2.80%
EV/EBITDA
8.07
P/E
19.64
EV/Sales
1.51
Sector
Hotels, Restaurants and Leisure
Category
value
0.48x TBV - Assets No Screener Will Ever Show You - $FSTA.L
FSTA.L: UK premium pub owner (337 mostly-freehold sites) at 0.48x true TBV; freehold estate appraised £991m vs £594m book (£397m gap > £393m mkt cap). Improving 5yr FCF, 7% FCF yield, 6.5% shareholder yield, ~15% shares retired since 2023. Base case £11.47 (55% up), bull £15+. Risks: cost inflation, appraisal illiquidity.
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