Added to YB: 2024-03-08
Pitch date: 2024-03-07
VTY.L [bullish]
Vistry Group PLC
-44.77%
current return
Author Info
Okapi is a former hedge fund analyst who focuses on Consumer and TMT Stocks. Sign up for the newsletter.
Company Info
Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers single family housing model.
Market Cap
GBP 2.0B
Pitch Price
GBP 11.16
Price Target
35.28 (+472%)
Dividend
N/A
EV/EBITDA
7.88
P/E
57.55
EV/Sales
0.66
Sector
Household Durables
Category
value
The Thursday Thesis: Vistry Group PLC - $VTY.L
VTY.L: Vistry Group transitioning to capital-light model, potential to 2x EBIT by 2025 through Partnerships homebuilding with UK gov't. Activists involved, mgmt guiding £800M EBIT vs £513M consensus. Trades 6.5x that target (up 215%), downside 1x TBV (-45%). Buyback just started.
Read full article (5 min)