Professional
Added to YB: 2024-02-14
Pitch date: 2024-02-08
BUR [bullish]
Burford Capital Limited
-36.6%
current return
Author Info
No bio for this author
Company Info
Burford Capital Limited provides legal finance products and services worldwide. The company operates in two segments, Principal Finance, and Asset Management and Other Services.
Market Cap
$2.0B
Pitch Price
$10.84
Price Target
N/A
Dividend
1.36%
EV/EBITDA
14.00
P/E
23.15
EV/Sales
8.81
Sector
Financial Services
Category
special_situation
Jackson Peak Portfolio Holding: Burford Capital Limited - $BUR
$BUR: Litigation financier w/ $3.2B mkt cap, 30% IRRs. $6.2B Argentina win 2x mkt cap, mkt doubts payment but new prez amenable & IMF/bond investors want resolution pre debt restrux. COVID case backlog suppressed earnings but hold future gains. Underval even ex-Argentina, asymmetric return profile.
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