Added to YB: 2024-05-27
Pitch date: 2024-05-24
SDG.L [bullish]
Sanderson Design Group plc
-55.37%
current return
Author Info
Company Info
Sanderson Design Group plc, together with its subsidiaries, engages in the design, manufacture, marketing, and distribution of interior furnishings, fabrics, and wallpapers worldwide.
Market Cap
GBP 31.8M
Pitch Price
GBP 0.99
Price Target
N/A
Dividend
3.41%
EV/EBITDA
4.84
P/E
-2.07
EV/Sales
0.36
Sector
Household Durables
Category
value
Sanderson Design Group plc - $SDG.L
SDG.L: Underappreciated, high-quality licensing segment drove all of FY24 £10M operating profit on £100M+ sales. Owns 150K+ designs generating valuable, growing royalties from 50+ partners like Next, Sainsbury's, Sonoma. Risks: customer concentration, capital allocation. Normalized 5% brand/manufacturing margins = additional £5M profit. £75M market cap + £15M net cash = £60M EV, or 6x £10M operating profit for biz w/ valuable, growing royalty stream.
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