Professional
Added to YB: 2021-02-22
Pitch date: 2021-02-22
IPO.L [bullish]
IP Group Plc
-48.48%
current return
Author Info
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Company Info
IP Group Plc is a private equity and venture capital firm specializing in seed/startup, early venture, emerging growth, mature, mid venture, late venture, incubation, mezzanine in growth capital companies.
Market Cap
GBP 534.1M
Pitch Price
GBP 1.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
-3.09
P/E
-4.17
EV/Sales
-3.29
Sector
Capital Markets
Category
special_situation
IP Group
IPO.L: IP Group's NAV £1.2B (109p/share), 15% stake in Oxford Nanopore (ON) book value £258M. ON leader in long-read DNA sequencing, revs doubling YoY to $170M in 2020 (Diagnostics boost), £113M UK Lampore order + UAE deal. Competitor PacBio (PACB) mkt cap $8B on $133M revs. ON IPO could value it $15-20B, making IP Group's stake worth $2.3-3B vs current $1.7B mkt cap. Huge upside potential.
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