Added to YB: 2024-01-19
Pitch date: 2024-01-19
TRST.L [bullish]
Trustpilot Group plc
-4.1%
current return
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Trustpilot Group plc engages in the development and hosting of an online review platform for businesses and consumers in the United Kingdom, North America, Europe, and internationally.
Market Cap
GBP 1.0B
Pitch Price
GBP 1.66
Price Target
N/A
Dividend
N/A
EV/EBITDA
66.41
P/E
971.48
EV/Sales
4.18
Sector
Interactive Media and Services
Category
growth
Trustpilot - Risk/reward more balanced
TRST.L: Trustpilot shines in FY23 update - rev +17% cc, ARR +18%, bookings +16%, EBITDA at top end. Shares at £1.63 still attractive <3x '25 sales, ~17x EBITDA (10x @ 30% margins). Sellside estimates beatable, modeling just 15% incremental margins vs 30-40% likely. Stay long.
Read full article (2 min)