Added to YB: 2026-01-27
Pitch date: 2026-01-27
ATG.L [bullish]
Auction Technology Group plc
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Auction Technology Group plc operates online auction marketplaces in the United Kingdom, the United States, and Germany.
Market Cap
GBP 728.7M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.95
P/E
-4.81
EV/Sales
3.89
Sector
Diversified Consumer Services
Category
special_situation
Quick Pitch #25
ATG.L: Auction tech (SaaS + marketplace hybrid) at 320p, below FitzWalter PE's rejected 400p cash bid (10x EBITDA); PUSU deadline Feb 2. FitzWalter (22% holder, 12 offers) capped at 400p but carve-outs allow bump if rival bids. 3rd parties eyeing I&C. R/R: 20-30p downside vs 90p+ upside. Trades 8.4x 2026 EBITDA.
Read full article (5 min)