Added to YB: 2024-05-14
Pitch date: 2024-04-28
CARD.L [neutral]
Card Factory plc
-20.73%
current return
Author Info
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Company Info
Card Factory plc operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom, South Africa, Republic of Ireland, the United States, and internationally.
Market Cap
GBP 361.9M
Pitch Price
GBP 0.88
Price Target
N/A
Dividend
4.66%
EV/EBITDA
4.56
P/E
8.39
EV/Sales
1.01
Sector
Specialty Retail
Category
value
Card Factory: Why I Sold My Position in This Great Business
CARD.L (Card Factory): Bearish change. Weak margin of safety despite 4x EV/EBITDA FY24-27. Growth plans & rising costs may negate cheap valuation. Model: Bear case -70-80%, Base case value trap, Bull case +130% (95-105p PT) but needs 65-75p entry for 10% IRR hurdle. Awaiting dividend catalyst.
Read full article (20 min)