Added to YB: 2025-03-19
Pitch date: 2025-03-17
RNO.L [bullish]
Renold plc
+112.47%
current return
Author Info
No bio for this author
Company Info
Renold plc engages in the manufacture and sale of high precision engineered products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally.
Market Cap
GBP 106.2M
Pitch Price
GBP 0.39
Price Target
N/A
Dividend
0.94%
EV/EBITDA
4.53
P/E
8.34
EV/Sales
0.70
Sector
Machinery
Category
value
Renold plc - $RNO.L
RNO.L: UK-based industrial chain maker, global #2 with 7% share. £240m rev, £40m EBITDA. 80% in chains (17% margin), 20% torque transmission (16% margin). 75% recurring revenue. Successful turnaround: margins from mid-single to double-digits. Recent M&A. Trades at 4.5x P/E, 6.7x EV/EBIT, 4x EV/EBITDA. Cheap but has £52.2m pension liability.
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