Professional
Added to YB: 2024-05-31
Pitch date: 2024-05-29
KITW.L [bullish]
Kitwave Group plc
-38.91%
current return
Author Info
Sohra Peak is a NY-based fund focused on undervalued small-caps with long-term potential. Follow the founder on Twitter.
Company Info
Kitwave Group plc engages in the food and drink wholesale business in the United Kingdom. The company operates through Ambient, Frozen & Chilled, and Foodservice divisions.
Market Cap
GBP 191.8M
Pitch Price
GBP 3.42
Price Target
N/A
Dividend
5.00%
EV/EBITDA
6.86
P/E
11.35
EV/Sales
0.42
Sector
Consumer Staples Distribution and Retail
Category
growth
Sohra Peak Capital New Portfolio Holding: Kitwave Group plc
KITW.L: UK food distributor, £600M+ rev, specializing in independents. Scale advantages & strong mgmt drive +22% 7yr EPS CAGR. £10B TAM for continued roll-up & 10-20% growth at 13.5x P/E, a peer discount despite superior metrics. Expect 15-20% IRR on profit growth & re-rating.
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