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Added to YB: 2026-03-24

Pitch date: 2026-03-22

THG.L [bullish]

THG Plc

+1.39%

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 467.5M

Pitch Price

GBP 0.29

Price Target

0.70 (+140%)

Dividend

N/A

EV/EBITDA

13.67

P/E

-1.93

EV/Sales

0.56

Sector

Broadline Retail

Category

growth

Show full summary:
Buying Opportunity or the Beginnings of a Recession? - THG Plc

THG.L (added to position): MyProtein +10% YoY, accelerating to 100K global stores in 2026; Beauty +5-10% on competitor exits. Expecting 8-10% rev growth w/ operational gearing to beat profit forecasts. Short interest at listing low; CEO bought £8.5M at 35p. Risks: non-essential spend, elevated whey prices. 12-24mo PT 70p vs 29p today.

Read full article (2 min)