Professional
Added to YB: 2024-11-15
Pitch date: 2024-10-31
VTY.L [bullish]
Vistry Group PLC
-32.34%
current return
Author Info
No bio for this author
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 9.11
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.88
P/E
57.55
EV/Sales
0.66
Sector
Household Durables
Category
turnaround
Crossroads Capital Portfolio Holding: Vistry Group PLC
VTY.L: UK homebuilder transitioning to partnerships model. Pre-sells 50%+ homes to councils/housing assocs. Cyclicality & rate sensitivity reduced. Target: 20k homes by 2025, 30k+ long-term. Trades at mid-single digit fwd EBIT multiple vs peers 3-4x higher. Recent cost overrun issues resolved. Labour govt could accelerate growth.
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