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Added to YB: 2024-06-24

Pitch date: 2024-06-19

AVG.L [bullish]

Avingtrans plc

+27.92%

current return

Author Info

No bio for this author

Company Info

Avingtrans plc, together with its subsidiaries, provides engineered components, systems, and services to the energy, medical, and infrastructure industries.

Market Cap

GBP 160.1M

Pitch Price

GBP 3.83

Price Target

4.95 (+1%)

Dividend

N/A

EV/EBITDA

11.46

P/E

26.34

EV/Sales

1.14

Sector

Machinery

Category

growth

Show full summary:
Avingtrans plc - $AVG.L

AVG.L: 12-bagger since 2010 (18.5% CAGR). 'PIE' strategy: buy, improve, sell. FY24 EBITDA £13m-14m vs £10m est. Strong Advanced Engineering, medical progress. FY25 outlook positive. Cavendish 495p PT on FY25 £14m EBITDA, 6p EPS, £161m rev. Net debt £6.1m vs £7.1m est. Results due 25/9/24.

Read full article (2 min)