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Added to YB: 2025-11-06

Pitch date: 2025-11-02

THG.L [bullish]

THG Plc

-0.44%

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

THG Plc operates as an online retailer in the United Kingdom, the United States, Europe, and internationally.

Market Cap

GBP 646.4M

Pitch Price

GBP 0.46

Price Target

0.65 (+42%)

Dividend

N/A

EV/EBITDA

16.27

P/E

-3.15

EV/Sales

0.66

Sector

Broadline Retail

Category

turnaround

Show full summary:
The Boon Fund | Oct 2025: Performance, Trades, and Commentary - TOP UP BUY, TOP SLICE SELL: THG

THG.L top up buy: MyProtein driving growth via rebrand success, offline retail expansion (Walmart, CVS, Costco), co-brand deals with multinationals. Beauty recovering (-9.8% to +4.2% YoY growth Q1-Q3). Strength training/protein market growing, whey input costs falling. Shorts retreating (3% to 1.2%). 65p+ target, PE bid potential.

Read full article (2 min)