Professional
Added to YB: 2024-05-02
Pitch date: 2024-05-01
BEG.L [bullish]
Begbies Traynor Group plc
+10.12%
current return
Author Info
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Company Info
Begbies Traynor Group plc provides business recovery, financial advisory, and property services consultancy services in the United Kingdom.
Market Cap
GBP 178.8M
Pitch Price
GBP 1.00
Price Target
N/A
Dividend
3.84%
EV/EBITDA
7.01
P/E
29.47
EV/Sales
1.22
Sector
Professional Services
Category
growth
Hurdle Rate Unit Trust Portfolio Holding: Begbies Traynor Group plc
BEG.L: UK insolvency & advisory firm w/ synergistic service lines. Insolvencies up but high-margin administrations lagging. Red flag report signals further distress. Two recent acquisitions at 2-5x PBT. Trades at 10x FY24E PAT vs 13x prior. £200M 3-5yr rev target (15% CAGR), 4% div yield. Countercyclical diversifier.
Read full article (3 min)