Added to YB: 2024-06-25
Pitch date: 2024-06-20
LORD.L [bullish]
Lords Group Trading plc
-43.53%
current return
Author Info
No bio for this author
Company Info
Lords Group Trading plc distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers.
Market Cap
GBP 54.9M
Pitch Price
GBP 0.41
Price Target
1.06 (+355%)
Dividend
2.55%
EV/EBITDA
7.91
P/E
-22.86
EV/Sales
0.32
Sector
Trading Companies and Distributors
Category
value
Lords Group Trading: An Undervalued Stock with Strategic Acquisitions
LORD.L: UK builders merchant trading in line with expectations despite challenges. RMI demand & margins stable, acquisitions integrating well. Entrepreneurial culture driving growth. Attractive valuation: 5.1x EV/EBITDA, 15.9x PE vs. Travis Perkins. 106p target. £28.5m net debt (1.6x EBITDA), 14% FCF yield. FY24E: £450m rev, £23.8m EBITDA, 2.7p EPS.
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