Professional
Added to YB: 2024-02-05
Pitch date: 2024-02-05
FOUR.L [bullish]
4imprint Group plc
-20.57%
current return
Author Info
Sweet Stocks is a former portfolio manager at an international small cap fund who shares pitches for international equities. Sign up for his blog.
Company Info
4imprint Group plc, together with its subsidiaries, operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland.
Market Cap
GBP 1.4B
Pitch Price
GBP 47.15
Price Target
N/A
Dividend
4.85%
EV/EBITDA
8.59
P/E
12.25
EV/Sales
0.99
Sector
Media
Category
growth
4imprint – contrarian compounder
4imprint (FOUR.L): Sales CAGR of 16.9% since 2002 to $1.3B in 2023, highly cash generative w/ 90% net profit to FCF conversion 2014-2022. Dominant in $27B US promo products market via self-serve direct model. Sustained mid-teens growth & margin expansion potential from brand investments & operating leverage. Stock at 17x P/E for 2023 w/ 30% chance of doubling profits by 2028. UK listing of US biz creates opportunity.
Read full article (14 min)