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Added to YB: 2024-01-26

Pitch date: 2024-01-26

VTY.L [bullish]

Vistry Group PLC

-36.64%

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 9.76

Price Target

N/A

Dividend

N/A

EV/EBITDA

7.88

P/E

57.55

EV/Sales

0.66

Sector

Household Durables

Category

special_situation

Show full summary:
Laughing Water Capital holding - Vistry Group ($VTY.L)

$VTY.L pivoting to asset-light affordable housing, aiming £1B buyback (⅓ of £3B mkt cap), £800M profit target vs £450M now. Higher ROC, less cyclical biz deserves higher multiple - multi-bagger potential. Bumps in road increase LT upside via cheaper buybacks.

Read full article (1 min)