Professional
Added to YB: 2024-06-25
Pitch date: 2024-06-24
FEVR.L [neutral]
Fevertree Drinks PLC
-20.39%
current return
Author Info
Sweet Stocks is a former portfolio manager at an international small cap fund who shares pitches for international equities. Sign up for his blog.
Company Info
Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of mixer drinks in the United Kingdom, the United States, Europe, and internationally.
Market Cap
GBP 934.1M
Pitch Price
GBP 10.54
Price Target
N/A
Dividend
2.13%
EV/EBITDA
19.86
P/E
38.32
EV/Sales
2.38
Sector
Beverages
Category
special_situation
Skepticism and Opportunity: Investing in Fevertree’s Uncommon Financial Outlook
FEVR.L: Fevertree Drinks PLC. Bullish outlook for FY24 w/ unusual 109% incremental margin (EBITDA +£29m vs sales +£26m). Guidance implies significant cost reductions (glass, shipping). Skepticism due to rarity of >100% incremental margin w/ >5% sales growth. Widely disliked stock, potential opportunity.
Read full article (1 min)