Added to YB: 2025-10-31
Pitch date: 2025-10-30
HEAD.L [bullish]
Headlam Group plc
-5.58%
current return
Author Info
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Company Info
Headlam Group plc, together with its subsidiaries, engages in the sale, marketing, supply, and distribution of floorcovering and other ancillary products in the United Kingdom and Continental Europe.
Market Cap
GBP 42.2M
Pitch Price
GBP 0.54
Price Target
3.00 (+475%)
Dividend
N/A
EV/EBITDA
-5.48
P/E
-1.17
EV/Sales
0.21
Sector
Distributors
Category
turnaround
Leading Loss-Making Flooring Distributor Trading at 2x Normalized EBIT, Low Net Debt and Assumed Property Values Higher Than EV - Headlam Group plc
HEAD.L: UK's #1 flooring distributor at 0.28x P/TB (£40m mkt cap) amid consumer spending cuts. FY24 rev £593m, EBIT -£27m vs FY22 £663m/£39m. Transformation plan targets £35m savings by FY26. Property assets worth 86-98p/share (30p hidden value). Market rebound scenario: 300p target (6x upside, 43% CAGR). Bid potential from PE/peers.
Read full article (7 min)