Professional
Added to YB: 2024-01-11
Pitch date: 2024-01-11
CHG.L [bullish]
Chemring Group PLC
+41.15%
current return
Author Info
No bio for this author
Company Info
Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally.
Market Cap
GBP 1.5B
Pitch Price
GBP 3.37
Price Target
N/A
Dividend
1.47%
EV/EBITDA
16.66
P/E
29.01
EV/Sales
2.99
Sector
Aerospace and Defense
Category
value
Upslope Capital new position: Chemring (CHG.LN)
$CHG.L: Niche UK defense co. specializing in flares, explosives & cyber. Exited in Q1 but back in at attractive valuation pre-Middle East events. 1H timing issue resolved, investing in new capacity for NATO allies. 7%+ buyback initiated at sector & 5Y low multiples. Underappreciated.
Read full article (1 min)