Added to YB: 2026-09-07
Pitch date: 2026-09-03
BUR [neutral]
Burford Capital Limited
Author Info
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Company Info
Burford Capital Limited provides legal finance products and services worldwide. The company operates in two segments, Principal Finance, and Asset Management and Other Services.
Market Cap
$944.2M
Pitch Price
N/A
Price Target
12.00
Dividend
2.91%
EV/EBITDA
-2.11
P/E
-0.56
EV/Sales
-2.15
Sector
Financial Services
Category
value
Examining A Litigation Finance Business - Burford Capital Limited
BUR (overview): Burford buys rights to legal claims it considers undervalued and trades at $4.25 versus $6.70 of book value after the YPF setback left it overleveraged. A sustainable estimated 22% annual ROIC and normalized debt could support 1.8x book, or roughly $12 per share. A $180M mining verdict and potential protein-case payments offer a deleveraging path, but 2.4x net debt to tangible book and largely unverifiable case disclosures are material risks.
Read full article (4 min)