Added to YB: 2024-11-15
Pitch date: 2024-11-13
MRO.L [bullish]
Melrose Industries PLC
+9.8%
current return
Author Info
Company Info
Melrose Industries PLC, together with its subsidiaries, designs and delivers aerospace components and systems for civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally.
Market Cap
GBP 8.1B
Pitch Price
GBP 5.10
Price Target
N/A
Dividend
1.00%
EV/EBITDA
11.48
P/E
26.05
EV/Sales
2.83
Sector
Aerospace and Defense
Category
value
Melrose Industries | A Pivotal Moment
MRO.L: Aerospace co. w/ high-margin engine RRSPs, £22B lifetime cash flow. 28% engine margin, 9% structures by 2025. Aftermarket growth, new tech involvement. Challenges: P&W engine issues, cyclicality. Strong financials, buybacks. Trading at low P/E despite moat, leverage, expanding margins. 4 key drivers present.
Read full article (17 min)