Added to YB: 2026-07-27
Pitch date: 2026-05-22
WIX.L [bullish]
Wickes Group plc
Author Info
No bio for this author
Company Info
Wickes Group plc operates as a retailer of home improvement products and services in the United Kingdom.
Market Cap
GBP 427.0M
Pitch Price
N/A
Price Target
3.60
Dividend
5.81%
EV/EBITDA
6.09
P/E
11.44
EV/Sales
0.65
Sector
Specialty Retail
Category
value
Wickes Group plc - $WIX.L
WIX.L: UK home improvement retailer, 2021 Travis Perkins spinout. TAM raised to 300 stores (from 250), smaller-format boxes = same EBITDA. Gained share from failed Wilko/Homebase. ~15% normalized FCF yield at £307m EV, £92m net cash, 6.3% div, buybacks (-11% shares). Q1'26 soft (-1.7% LFL) on weather = entry. Path to GBp360, 20%+ IRR. Solar optionality. Risks: UK consumer, rates, illiquidity.
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