Added to YB: 2024-09-24
Pitch date: 2024-09-24
SUP.L [bullish]
Supreme Plc
-11.63%
current return
Author Info
No bio for this author
Company Info
Supreme Plc owns, manufactures, and distributes fast-moving branded and discounted consumer goods in the United Kingdom, Ireland, the Netherlands, France, rest of Europe, and internationally.
Market Cap
GBP 168.9M
Pitch Price
GBP 1.60
Price Target
2.25 (+60%)
Dividend
3.47%
EV/EBITDA
4.79
P/E
7.96
EV/Sales
0.75
Sector
Distributors
Category
special_situation
Supreme Plc (SUP.L)
SUP.L: Acquired Clearly Drinks for £15M, adding £22.4M revenue, £3M EBITDA. Diversifies beyond vaping, boosts non-vape sales to £100M+. Synergies with distribution network. Trading in line with FY25 expectations: £242M revenue, £37M EBITDA. Attractive at 8.7x PER, 5.8x EV/EBIT. 225p price target.