Added to YB: 2025-02-21
Pitch date: 2025-01-05
DOCS.L [bullish]
Dr. Martens plc
+11.42%
current return
Author Info
No bio for this author
Company Info
Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear under the Dr. Martens brand name in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.
Market Cap
GBP 473.8M
Pitch Price
GBP 0.69
Price Target
140.00 (+18058%)
Dividend
5.19%
EV/EBITDA
6.07
P/E
16.13
EV/Sales
1.03
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Dr. Martens plc - $DOCS.L
DOCS.L: PE-backed footwear brand at 25% FY26 FCF yield. New mgmt turnaround focus: US recovery, product marketing, inventory reduction, cost cuts. Permira (38% stake) likely to sell. 55% upside at 10x FY26 EBIT (£130M). Risks: failed turnaround, no sale, boot seasonality. Catalyst: company sale or US recovery.
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