Added to YB: 2026-05-13
Pitch date: 2026-03-02
ASC.L [bullish]
ASOS Plc
-15.33%
current return
Author Info
No bio for this author
Company Info
ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the European Union, the United States, and internationally.
Market Cap
GBP 259.9M
Pitch Price
GBP 2.74
Price Target
8.00 (+268%)
Dividend
N/A
EV/EBITDA
-15.71
P/E
-1.12
EV/Sales
0.34
Sector
Specialty Retail
Category
turnaround
ASOS Plc - $ASC.L
ASC.L: Online fast fashion retailer down 95% in 5yrs on inventory issues & competition. Inventory cut 60%, debt refinanced, FY25 adj EBITDA £131.6M. FY26 guide: 48-50% gross margin, £150-180M EBITDA. Trades 2.7x FY28 EBITDA est £192M. 6x multiple = £8 PT (3x upside). Top 2 holders (29%, 23%) are retailers; potential M&A target. Risks: sales decline, Shein/Temu competition, tight liquidity.
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