Added to YB: 2026-05-07
Pitch date: 2026-05-06
BAG.L [bullish]
A.G. BARR p.l.c.
Author Info
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Company Info
A.G. BARR p.l.c., together with its subsidiaries, manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.
Market Cap
GBP 708.0M
Pitch Price
N/A
Price Target
N/A
Dividend
2.93%
EV/EBITDA
9.01
P/E
15.26
EV/Sales
1.56
Sector
Beverages
Category
value
Bench and Watchlist - Q3 2026 - A.G. Barr
BAG.L: UK beverage portfolio led by Irn-Bru (only soda beating Coke in Scotland). 3 key brands (Boost, Rubicon, Funkin) acquired cheap & grown organically. ~50% NOPAT reinvestment since 2019, 40% dividend, rising net cash. New mgmt comp tied to EPS growth + relative returns driving higher reinvestment. 20% ROCE target + double-digit EPS growth = compounding machine. Trading 12x EV/NOPAT vs ~21% ROIIC. 2026 Fentimans acq at 1x sales for synergy play. High-single to low-double-digit growth expected.
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