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Added to YB: 2024-06-17

Pitch date: 2024-06-14

BGEO.L [bullish]

Lion Finance Group PLC

+167.49%

current return

Author Info

No bio for this author

Company Info

Lion Finance Group PLC, through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets.

Market Cap

GBP 7.4B

Pitch Price

GBP 34.21

Price Target

N/A

Dividend

5.20%

EV/EBITDA

N/A

P/E

3.11

EV/Sales

N/A

Sector

Banks

Category

special_situation

Show full summary:
Bank of Georgia Group

BGEO.L: Acquired Armenia's top bank Ameria at 0.65x book, <3 P/E, cheapest deal ever for well-run franchise. Guides 15% loan growth, 20%+ ROE, 30-50% payout. Now ~1x book, 4 P/E (3 for '25), 8% div yield. Upside potential to 2x in 12-18 mos at 5 P/E. Complex geopolitics a key risk.

Read full article (2 min)