Added to YB: 2025-03-10
Pitch date: 2025-03-06
ULTP.L [bullish]
Ultimate Products Plc
-28.31%
current return
Author Info
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Company Info
Ultimate Products Plc, together with its subsidiaries, supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.
Market Cap
GBP 55.3M
Pitch Price
GBP 0.82
Price Target
154.40 (+25548%)
Dividend
11.18%
EV/EBITDA
5.63
P/E
8.14
EV/Sales
0.51
Sector
Distributors
Category
value
Ultimate Products plc (ULTP): UK Household Brands Owner with 9% Dividend Yield, Buybacks, and High ROE — What's the Catch?
ULTP.L: UK household goods supplier, 6.5x P/E, 4.5x EV/EBITDA, 9% yield. Owner-operators own 40%. Historic brands (Salter, Beldray) provide moat. Navigating challenges (shipping costs, air fryer slowdown). Conservative 17.5m EBITDA est. 86% upside at 8x EBITDA. Risks: brand durability, geopolitics, Temu, food inflation.
Read full article (5 min)