Added to YB: 2026-08-14
Pitch date: 2026-08-12
NIOX.L [neutral]
NIOX Group Plc
+3.77%
current return
Author Info
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Company Info
NIOX Group Plc engages in the design, development, and commercialization of medical devices for the diagnosis, monitoring, and management of asthma and COPD worldwide.
Market Cap
GBP 269.4M
Pitch Price
GBP 0.64
Price Target
N/A
Dividend
2.42%
EV/EBITDA
16.92
P/E
39.03
EV/Sales
5.14
Sector
Health Care Equipment and Supplies
Category
special_situation
Takeover Ideas: Niox
NIOX.L (overview): Keensight Capital (French healthcare PE) made non-binding cash proposal March 2025 at 81p/share (~£340m). Point-of-care VERO/PRO devices with 71% gross margins, recurring single-use sensor/mouthpiece sales. 33% EBITDA margin, £17.1m EBITDA implies 19.9x bid. Takeover target.
Read full article (1 min)