<- Go home

Added to YB: 2022-01-27

Pitch date: 2022-01-27

CSP.LN [bullish]

Countryside Partnerships Limited

-21.84%

current return

Author Info

No bio for this author

Company Info

Countryside Partnerships Limited operates as a home builder and urban regeneration partner in the United Kingdom.

Market Cap

GBP 1.1B

Pitch Price

GBP 2.94

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

-10.27

EV/Sales

N/A

Sector

Household Durables

Category

turnaround

Show full summary:
Maran Partners core position: Countryside Partnerships (CSP.LN)

CSP.LN: Activist-driven turnaround. Exiting low-return homebuilding to focus on high-return, capital-light partnerships biz. £400M asset sales fund buyback of 1/3 market cap. Activists own 25%. 2024 EPS £0.50+, a triple at 20x but a 3yr double is conservative.

Read full article (2 min)