Professional
Added to YB: 2024-08-05
Pitch date: 2024-06-30
RKT.L [bullish]
Reckitt Benckiser Group plc
+48.07%
current return
Author Info
No bio for this author
Company Info
Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products in the United Kingdom and internationally.
Market Cap
GBP 39.7B
Pitch Price
GBP 40.52
Price Target
N/A
Dividend
3.50%
EV/EBITDA
13.22
P/E
32.43
EV/Sales
3.45
Sector
Household Products
Category
value
AVI Global Trust Portfolio Holding: Reckitt Benckiser Group plc
RKT.L: 39% discount to NAV, 3.9% weight. Hit by $60M NEC lawsuit, -15% drop. Owns leading brands (Nurofen, Durex, Dettol) in Health (42%), Hygiene (42%), Nutrition (16%). 3-4% category growth, 60% gross margins, 23% op margins, £2.2B FCF. Trading at 11x EV/EBIT, 13x PE, 7.4% FCF yield. Catalysts: legal resolution, buybacks. 2026 EPS £4 target.
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