Added to YB: 2026-03-30
Pitch date: 2026-02-02
BCG.L [bullish]
Baltic Classifieds Group PLC
-17.29%
current return
Author Info
No bio for this author
Company Info
Baltic Classifieds Group PLC operates online classifieds portals for automotive, real estate, jobs and services, and general merchandise in Estonia, Latvia, and Lithuania.
Market Cap
GBP 930.7M
Pitch Price
GBP 2.06
Price Target
N/A
Dividend
1.91%
EV/EBITDA
13.87
P/E
19.84
EV/Sales
10.77
Sector
Interactive Media and Services
Category
value
Baltic Classifieds Group PLC - $BCG.L
BCG.L: Dominant Baltic classifieds operator, #1 in 11 of 14 verticals w/ 3-40x lead vs #2. Stock -50% from Jul '25 peak on Estonia auto tax (depressed sales -40-60% YoY, mgmt deferred price hike) & AI disruption fears. Revenue growth slowed to 7.2% in 1H vs normal 15-20%, guided to accelerate to double-digits as comps ease. Trading 18x P/E vs 28x historical avg & 35x Jul peak. 77% EBITDA margin, minimal capex, strong pricing power. Mgmt buying back >2% of shares. Mid-teens intrinsic value growth, mid-20s IRR potential on re-rating & normalized growth.
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