Professional
Added to YB: 2025-04-21
Pitch date: 2025-03-31
RTO [bullish]
Rentokil Initial plc
+39.58%
current return
Author Info
No bio for this author
Company Info
Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, Europe, the United Kingdom, Asia, the Middle East, North Africa, Turkey, and Pacific.
Market Cap
GBP 16.1B
Pitch Price
GBP 22.61
Price Target
N/A
Dividend
1.94%
EV/EBITDA
14.18
P/E
56.01
EV/Sales
2.88
Sector
Commercial Services and Supplies
Category
turnaround
Oakmark International Fund New Position: Rentokil Initial plc
RTO (new position): Largest global pest control co in good biz (GDP+ growth, low volatility, high margins, low capex). Scale advantages = better pricing/margins. Terminix deal stumbled, share price declined, but integration eventually enhances growth. Industry consolidator with strong M&A pipeline. Market overly discounted; re-rating to peer/private valuations likely.
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