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Added to YB: 2024-01-02

Pitch date: 2024-01-02

BUR [bullish]

Burford Capital Limited

-43.52%

current return

Author Info

Bossert Capital makes long-term investments in a concentrated group of high-quality, competitively advantaged businesses. Follow the founder on Twitter.

Company Info

Burford Capital Limited provides legal finance products and services worldwide. The company operates in two segments, Principal Finance, and Asset Management and Other Services.

Market Cap

$2.0B

Pitch Price

$11.74

Price Target

N/A

Dividend

1.36%

EV/EBITDA

14.00

P/E

23.15

EV/Sales

8.81

Sector

Financial Services

Category

turnaround

Show full summary:
It's possible $BUR overearns

$BUR may be at turning point as pandemic's impact on courts fades. Possible over-earning in '24 as delayed cases are processed, portfolio returns & cash realizations revert to mean after 4 yrs of under-earning. Intriguing setup for this litigation funder.

Read full article (1 min)