Professional
Added to YB: 2024-02-19
Pitch date: 2024-02-05
BAB.L [bullish]
Babcock International Group PLC
+175.07%
current return
Author Info
No bio for this author
Company Info
Babcock International Group PLC, together with its subsidiaries, engages in the design, development, manufacture, and integration of specialist systems for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally.
Market Cap
GBP 3.5B
Pitch Price
GBP 4.54
Price Target
946.40 (+7483%)
Dividend
0.77%
EV/EBITDA
9.63
P/E
18.29
EV/Sales
0.83
Sector
Aerospace and Defense
Category
turnaround
Silver Ring Value Partners New Position - $BAB.L
BAB.L: New mgmt fixing past missteps in UK defense services co. Sold assets, cut debt, realistic margin goals. Bought at 35% discount to base case w/ 3x upside, <30% downside. High single-digit P/E on normalized EPS, 2.5x Debt/EBITDA. Reinstated div. Oligopoly biz + quality mgmt skew 2x return odds.
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