Added to YB: 2024-04-29
Pitch date: 2024-04-28
CKN.L [bullish]
Clarkson PLC
+1.14%
current return
Author Info
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Company Info
Clarkson PLC provides integrated shipping services in Europe, Middle East, Africa, Americas, Asia-Pacific, and worldwide.
Market Cap
GBP 1.1B
Pitch Price
GBP 37.08
Price Target
N/A
Dividend
3.03%
EV/EBITDA
7.82
P/E
14.86
EV/Sales
1.27
Sector
Marine Transportation
Category
value
Monthly Stock Idea Lab (MSIL) #13 - April 2024 - Clarkson PLC
CKN.L: Clarkson, largest shipbroker, facilitates deals between shippers & carriers. Integrated offering, network effects. Asset-light, 30yr dividend growth. 80% rev from broking (23% margin). 20% forward rev visibility. 10x ex-cash P/E vs 20x hist avg. 12% 10yr rev CAGR but 1.5-3% consensus growth. Risks: High insider selling.
Read full article (5 min)