Added to YB: 2026-03-26
Pitch date: 2026-03-25
ICGC.L [neutral]
Irish Continental Group plc
Author Info
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Company Info
Irish Continental Group plc operates as a maritime transport company in Ireland, the United Kingdom, and Continental Europe.
Market Cap
GBP 973.8M
Pitch Price
N/A
Price Target
10.06 (+76%)
Dividend
2.49%
EV/EBITDA
8.08
P/E
14.32
EV/Sales
1.84
Sector
Marine Transportation
Category
value
Ferries! Voyaging With Irish Continental Group
ICGC.L (overview): Ferry operator between Ireland-Britain & Britain-France w/ 6 owned + 2 chartered vessels, plus container terminals (Belfast to 2032, Dublin to 2041 & 2114). Rev doubled 2015-25, but trades 7.1x EBITDA vs 11.5x decade ago (75% upside at historical multiple). CEO owns >20%, limiting €665M float. Natural oligopoly w/ pricing power, high barriers to entry, captive customers. Risks: capital intensity, staffing costs, regulatory caps.
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