Added to YB: 2024-03-18
Pitch date: 2024-03-14
TUNE.L [bullish]
Focusrite plc
-41.4%
current return
Author Info
@LionCubsFund is a small-cap equity investor hunting for 100-baggers. Follow on Twitter.
Company Info
Focusrite plc engages in the development, manufacturing, and marketing of professional audio and electronic music products in North America, Europe, the Middle East, Africa, and internationally.
Market Cap
GBP 93.8M
Pitch Price
GBP 3.67
Price Target
N/A
Dividend
4.13%
EV/EBITDA
6.62
P/E
47.34
EV/Sales
0.74
Sector
Household Durables
Category
turnaround
Evaluating Turnaround Potential in Focusrite plc - $TUNE.L
TUNE.L: Focusrite audio equip maker trades at 10.5x fwd P/E, 17.7% ROCE despite share price below COVID low. Earnings & FCF up big in 5yr but growth to slow. Possibly oversold on UK macro woes & COVID boom/bust. 18.9% LT rev growth, 15.7% LT FCF growth signal quality.
Read full article (1 min)