Professional
Added to YB: 2024-02-01
Pitch date: 2024-02-01
BRBY.L [bullish]
Burberry Group plc
-4.76%
current return
Author Info
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Company Info
Burberry Group plc, together with its subsidiaries, engages in manufacturing, retail, and wholesale of luxury goods under the Burberry brand in the Asia Pacific, Europe, the Middle East, India, Africa, and the Americas.
Market Cap
GBP 4.6B
Pitch Price
GBP 12.33
Price Target
2.0K (+17056%)
Dividend
N/A
EV/EBITDA
13.05
P/E
-168.97
EV/Sales
2.36
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Burberry: The Dark Knight
BRBY.L: Iconic British luxury brand in late stage of turnaround. New CEO & CCO focusing on British roots after prior missteps. Accessory opportunity with only 36% of revs vs 50%+ for peers. Risks: China exposure, design, regulation. Trades 12x CY23 earnings, 50%+ upside on brand elevation.
Read full article (8 min)