Added to YB: 2025-04-09
Pitch date: 2025-02-20
RNWH.L [bullish]
Renew Holdings plc
+28.4%
current return
Author Info
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Company Info
Renew Holdings plc provides engineering services in the United Kingdom. The company offers asset renewals and refurbishment, fencing, devegetation, critical planned and reactive maintenance, and operational support and asset care; civil, mechanical, and electrical and minor signalling engineering services; geotechnical and earthworks; plant, power, and signalling; and emergency provision, tunnel and shaft refurbishment, multidisciplinary design capability, electrification, stations and telecoms, and specialist rail plants services to rail network.
Market Cap
GBP 718.7M
Pitch Price
GBP 6.81
Price Target
9.69 (+11%)
Dividend
2.20%
EV/EBITDA
8.42
P/E
16.18
EV/Sales
0.68
Sector
Construction and Engineering
Category
value
Renew Holdings plc - $RNWH.L
RNWH.L: UK infrastructure services co. 16% EPS CAGR 14yrs. -33% on Network Rail delays. £30.5bn annual market, £1.1bn rev. Rail 40%, Water 25%, Infrastructure 20%, Energy 15%. Non-discretionary spend. 27% ROCE. Govt committed £600bn/10yrs. 25-40% upside at 9x EBITDA. Risk: continued delays.
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