Professional
Added to YB: 2024-02-06
Pitch date: 2024-02-06
RTO [bullish]
Rentokil Initial plc
+18.92%
current return
Author Info
GreenWood Investors is a bottom-up, mostly long, concentrated and constructivist global investment firm focused on areas of pessimism, structural inefficiencies and low competition. Sign up for the newsletter.
Company Info
Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, Europe, the United Kingdom, Asia, the Middle East, North Africa, Turkey, and Pacific.
Market Cap
GBP 15.3B
Pitch Price
GBP 3.89
Price Target
N/A
Dividend
2.02%
EV/EBITDA
13.04
P/E
43.30
EV/Sales
2.61
Sector
Commercial Services and Supplies
Category
turnaround
Greenwood Investors new position - Rentokil ($RTO)
$RTO: Rentokil's 30% drop on Terminix merger hiccup is opportunity. Cultural transformation & $200M+ synergies to drive margins to best-in-class. 18x PE vs 49x peer $ROL. CEO Ransom's employee focus key to long-term success in service biz.
Read full article (2 min)