Added to YB: 2024-09-13
Pitch date: 2024-09-12
KITW.L [bullish]
Kitwave Group plc
+4.83%
current return
Author Info
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Company Info
Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice.
Market Cap
GBP 225.1M
Pitch Price
GBP 3.21
Price Target
5.20 (+55%)
Dividend
3.52%
Sector
Consumer Staples Distribution and Retail
Category
growth
Kitwave Group plc - $KITW.L
KITW.L: UK delivered wholesaler, 5% market share, high-quality service at fair prices. 13% rev CAGR since 2016, 20% ROIC, 75% OCF/EBITDA. Acquisitions at ≤5x EBITDA. Competitive advantage vs small players, big players can't compete. 60% upside to £5.2/share, 8% LFY earnings yield. Long growth runway in fragmented market.
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