Professional
Added to YB: 2024-02-09
Pitch date: 2024-02-09
ANX.L [bullish]
Anexo Group Plc
-50.02%
current return
Author Info
Hurdle Rate is an Australian Unit Trust run by a CPA who shares global stock pitches on their website. Sign up for the newsletter.
Company Info
Anexo Group Plc, along with its subsidiaries, provides integrated credit hire and legal services in the United Kingdom.
Market Cap
GBP 44.8M
Pitch Price
GBP 0.66
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.70
P/E
3.84
EV/Sales
0.89
Sector
Diversified Consumer Services
Category
value
Anexo ($ANX.L)
$ANX.L: Changing biz mix to high-margin Housing Disrepair from Credit Hire should boost ROIC. Emissions $ inflow & faster collections to aid cash conversion. 0.4x P/TBV, 3.8x EV/EBIT vs 1.6x, 11.9x 2021 buyout offer. Founders own 34%, DBAY 29%. Compelling setup.
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