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Added to YB: 2024-03-25

Pitch date: 2024-03-24

PHLL.L [bullish]

Petershill Partners plc

+128.1%

current return

Author Info

Company Info

Petershill Partners plc, formerly known as Delta Epsilon plc, is a private equity firm operating as general partner solutions firm.

Market Cap

GBP 3.0B

Pitch Price

GBP 1.36

Price Target

N/A

Dividend

5.59%

EV/EBITDA

N/A

P/E

3.66

EV/Sales

2.29

Sector

Capital Markets

Category

growth

Show full summary:
Petershill Partners PLC (PHLL.L): GP Stakes at a Discount

PHLL.L: Holds stakes in 25 pvt cap firms (PE, credit, RE, VC). AUM +28% CAGR ($283B), outperform benchmarks. Recurring mgmt fees (70-80% rev), quasi-recurring perf fees. 85-90% EBIT margin. Risks: GS dependence, owner overhang. Upside: 20% annual return potential from divs, buybacks, growth. Trades <13x FY24E mgmt fee earnings.

Read full article (7 min)