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Added to YB: 2025-01-17

Pitch date: 2025-01-15

VTY.L [bullish]

Vistry Group PLC

+2.98%

current return

Author Info

Laughing Water Capital is a boutique investment partnership. Our partners believe that careful analysis of a select group of businesses can lead to above average investment returns for equity investors. Our small size and patient approach give us an advantage that cannot be matched by traditional asset managers or hedge funds that are focused on the day to day gyrations of the stock market, rather than the fundamental value of businesses. Visit their website.

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 6.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

7.88

P/E

57.55

EV/Sales

0.66

Sector

Household Durables

Category

turnaround

Show full summary:
Laughing Water Capital Portfolio Holding: Vistry Group PLC

VTY.L: UK homebuilder transitioning to asset-light Partnerships model. Shares down 39% in 2024 due to legacy business issues (£105M in 2024, £50M in 2025). Trading below tangible book value, 8x pre-merger Partnerships EBIT. Potential 500M+ GBP 2025 operating profit, <3x EBIT. Insider buying, share repurchases, and Labour policies as potential catalysts.

Read full article (2 min)