Professional
Added to YB: 2025-01-14
Pitch date: 2025-01-11
MRO.L [bullish]
Melrose Industries PLC
+1.21%
current return
Author Info
No bio for this author
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 5.53
Price Target
N/A
Dividend
1.00%
EV/EBITDA
11.48
P/E
26.05
EV/Sales
2.83
Sector
Aerospace and Defense
Category
special_situation
Alphyn Capital Management Portfolio Holding: Melrose Industries PLC
MRO.L: Investor concerns on RRSP accounting addressed. 17/19 RRSPs cash-positive, £22B cash flow expected through 2050. Conservative IFRS 15 approach: 10-30% future aftermarket income recognized at engine delivery. Disclosure well-received, shares up 9%. Bullish on aerospace growth.
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