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Added to YB: 2025-02-26

Pitch date: 2025-01-09

KETL.L [bullish]

Strix Group Plc

-27.35%

current return

Author Info

No bio for this author

Company Info

Strix Group Plc designs, manufactures, and supplies kettle safety controls and other components worldwide.

Market Cap

GBP 79.7M

Pitch Price

GBP 0.49

Price Target

N/A

Dividend

3.69%

EV/EBITDA

4.60

P/E

9.97

EV/Sales

1.11

Sector

Electronic Equipment, Instruments and Components

Category

value

Show full summary:
Strix Group Plc - $KETL.L

KETL.L: Kettle control maker with 50% global market share. Down 90% from 2021 peak. 6x normalized PE. Core biz cyclically depressed, but defensive. Billi acquisition poorly timed, but accretive. Delevering. CEO signaling potential sale. Resumption of dividend catalyst.

Read full article (8 min)