Professional
Added to YB: 2024-07-04
Pitch date: 2024-03-31
ORCH.L [bullish]
Orchard Funding Group plc
+323.32%
current return
Author Info
Hurdle Rate is an Australian Unit Trust run by a CPA who shares global stock pitches on their website. Sign up for the newsletter.
Company Info
Orchard Funding Group plc, through its subsidiaries, offers insurance premium finance, professional fee funding, finance, and secured property lending services in the United Kingdom.
Market Cap
GBP 12.4M
Pitch Price
GBP 0.14
Price Target
N/A
Dividend
3.45%
EV/EBITDA
N/A
P/E
4.04
EV/Sales
N/A
Sector
Financial Services
Category
value
Hurdle Rate Portfolio Holding: Orchard Funding Group plc
ORCH.L: Small £0.5m fraud detected, fully provisioned. 33.9% price drop despite <3% book value hit. Strong cash flow history, dividends exceed current price since 2015 IPO. Trading at 20% of book value. Takhar family owns >55%, potential take-private risk if they acquire Gresham's ~15% stake. High single/low double-digit ROE historically.
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