Added to YB: 2025-03-18
Pitch date: 2025-03-16
GRG.L [neutral]
Greggs plc
-9.16%
current return
Author Info
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Company Info
Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks, as well as ready to drink canned products.
Market Cap
GBP 1.6B
Pitch Price
GBP 17.92
Price Target
N/A
Dividend
4.38%
EV/EBITDA
5.93
P/E
11.16
EV/Sales
0.97
Sector
Hotels, Restaurants and Leisure
Category
turnaround
GREGGS - how does it measure up?
GRG.L: PBT +19% to £189.8M, sales +11% to £2.01B. 2,618 shops, 226 new in 2024. P/E 13.5, yield 2.2%. Growth from new stores, evening trade, delivery. Challenges: slowing LFL sales, rising costs. Bull case: GDP growth, automation, brand value. £0.55bn net investment over 5 years. Looks undervalued vs 2020.
Read full article (4 min)