Added to YB: 2024-05-02
Pitch date: 2024-04-24
SUP.L [bullish]
Supreme Plc
+27.03%
current return
Author Info
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Company Info
Supreme Plc owns, manufactures, and distributes fast-moving branded and discounted consumer goods in the United Kingdom, Ireland, the Netherlands, France, rest of Europe, and internationally.
Market Cap
GBP 204.1M
Pitch Price
GBP 1.18
Price Target
N/A
Dividend
2.99%
EV/EBITDA
5.67
P/E
8.92
EV/Sales
0.94
Sector
Distributors
Category
value
Supreme PLC - vertically integrated and growing company at 3,5 x EV/EBITDA
SUP.L: UK consumer staples mfg. FY23 rev £210M, 50% from fast-growing vaping (reg risks but gov supports). Vertically integrated, owns brands like 88 Vape + pvt label. Proven acquisition strategy (4 deals added £15M EBITDA). Expanding health/wellness via M&A. Only 3.6x EV/EBITDA, 5.3x FCF as vape tax fears weigh but volumes should hold up. Net cash, 25% FCF divs + buybacks. Founder-led, aligned.
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