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Added to YB: 2025-07-10

Pitch date: 2025-07-06

PZC.L [neutral]

PZ Cussons plc

+4.59%

current return

Author Info

The Boon Fund writes about their investments in UK shares. Outperforming the FTSE All-Share, every year, for the last three years. 49% total return vs 15% over three years. They transparently publish their entire portfolio, as well as all buys and sells that they do. Sign up for the newsletter.

Company Info

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Asia Pacific, the Americas, and Africa.

Market Cap

GBP 307.3M

Pitch Price

GBP 0.72

Price Target

N/A

Dividend

4.91%

EV/EBITDA

10.61

P/E

-46.61

EV/Sales

0.83

Sector

Personal Care Products

Category

turnaround

Show full summary:
June 2025: Performance, Trades, and Commentary - PZ Cussons plc

PZC.L (watchlist): FMCG undergoing transformation, shedding non-core assets, paying down debt. Trades at 10x PE vs 20x for peers due to sub-scale issues and brand concentration. No takeover potential despite attractive bolt-on profile (even at 40% premium) as founding family maintains control. Re-rating to 13-15x PE possible if sustainable growth materializes.

Read full article (1 min)