Added to YB: 2024-12-26
Pitch date: 2024-12-23
CVSG.L [bullish]
CVS Group plc
+49.87%
current return
Author Info
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Company Info
CVS Group plc, together with its subsidiaries, engages in veterinary, online pharmacy, and retail businesses in the United Kingdom and Australia.
Market Cap
GBP 912.5M
Pitch Price
GBP 8.11
Price Target
24.78 (+104%)
Dividend
0.67%
EV/EBITDA
10.21
P/E
48.55
EV/Sales
1.70
Sector
Health Care Providers and Services
Category
value
CVS Group plc - $CVSG.L
CVSG.L: Vet services leader w/ 500+ UK practices. CMA investigation poses risks but impact likely limited. Strong financials (20% EBITDA margin, 10% FCF yield), trading at 7-8x EBITDA vs 13-14x pre-investigation. Targeting 2x EBITDA by 2027. Australian expansion mitigates UK risk. Potential 50%+ upside even in adverse scenarios.
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