Professional
Added to YB: 2024-03-26
Pitch date: 2024-03-25
CRDA.L [bullish]
Croda International Plc
-40.63%
current return
Author Info
Sweet Stocks is a former portfolio manager at an international small cap fund who shares pitches for international equities. Sign up for his blog.
Company Info
Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America.
Market Cap
GBP 3.8B
Pitch Price
GBP 45.88
Price Target
7.6K (+27940%)
Dividend
3.99%
EV/EBITDA
12.08
P/E
24.26
EV/Sales
2.70
Sector
Chemicals
Category
turnaround
Croda – time to restock
Croda Intl: Culture of innovation at risk after 42% '24 profit downgrade & mgmt churn. Base case sees recovery to 25% op margin by '27 via pricing power & operating leverage, driving 50% upside. Worst case sees further warnings, CEO exit & de-rating. Monitoring closely.
Read full article (15 min)