Added to YB: 2023-09-19
Pitch date: 2023-09-19
PINE.L [bullish]
Pinewood Technologies Group PLC
+103.21%
current return
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider in the United Kingdom, rest of Europe, Africa, Asia, the Middle East, and internationally.
Market Cap
GBP 367.0M
Pitch Price
GBP 1.79
Price Target
N/A
Dividend
N/A
EV/EBITDA
43.91
P/E
65.61
EV/Sales
10.56
Sector
Software
Category
N/A
Pinewood ($PINE.L)
PINE.L: UK auto dealer selling main biz, keeping Pinewood SaaS. 16.5p/share dividend. Pinewood valued at 7.2p/share, 8x 2022 EBITDA. 90% recurring rev, 60-70% EBITDA margin. Target 27m GBP EBITDA by 2027 (4.4x). US JV upside. Comps at 15-25x EBITDA. 18p/share potential. Risks: deal approval, execution. Completion Q4 2023.
Read full article (1 min)