Added to YB: 2024-11-15
Pitch date: 2024-11-13
VTY.L [bullish]
Vistry Group PLC
-8.2%
current return
Author Info
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Company Info
Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers single family housing model.
Market Cap
GBP 2.0B
Pitch Price
GBP 9.15
Price Target
20.00 (+138%)
Dividend
N/A
EV/EBITDA
7.88
P/E
57.55
EV/Sales
0.66
Sector
Household Durables
Category
turnaround
Vistry Group (VTY.L) - A Classic Troubled Value Investment
VTY.L: UK's largest affordable housing developer. 18k homes in 2024, targeting 32k by 2028. 40% ROCE, 12% margin goals. Labour housing push tailwind. Partnerships model: capital-light, pre-sold units, acyclical. Moat via track record. Recent £165m cost issue in legacy division. 7.4x P/E, 50-62% upside.
Read full article (30 min)