Added to YB: 2024-07-25
Pitch date: 2024-07-24
CAR.L [bullish]
Carclo plc
+67.74%
current return
Author Info
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Company Info
Carclo plc, together with its subsidiaries, engages in the manufacture and sale of fine tolerance injection molded plastic parts.
Market Cap
GBP 19.7M
Pitch Price
GBP 0.31
Price Target
0.47 (-10%)
Dividend
N/A
EV/EBITDA
3.88
P/E
-5.96
EV/Sales
0.37
Sector
Chemicals
Category
turnaround
Show full summary:
Carclo – CAR the recovery
CAR.L: 47p PT. Carclo pivots to precision plastics after Wipac sale. New mgmt (Doorenbosch, Huchingson) driving turnaround. H2 eps 1.6p, debt down £4.9m to £29.5m. US factory consolidation to boost margins. Pension deficit may decrease. 5.1x FY25 PE. Recovery play with 300% 3mo gain. Risks: past underperformance, pension liability.
Read full article (5 min)