Added to YB: 2026-05-28
Pitch date: 2026-05-26
OSB.L [bullish]
OSB Group Plc
-0.58%
current return
Author Info
Cluseau Research seeks to exploit these two edges by identifying special situations that provide a compelling risk-to-reward that are “off limits” to traditional Institutional Investors. Sign up for the newsletter.
Company Info
OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India.
Market Cap
GBP 1.8B
Pitch Price
GBP 5.16
Price Target
5.30 (+2%)
Dividend
6.92%
EV/EBITDA
N/A
P/E
6.93
EV/Sales
N/A
Sector
Financial Services
Category
value
OSB Group (LSE:OSB)
OSB.L: UK buy-to-let specialist bank at 0.85x TBV, 6.5x fwd P/E, 7% div yield. Trading at steepest discount since Liberation Day despite solid Q1 credit quality & mid-teens ROE. Aggressive buyback: 100M GBP program, 300k shares/day (~30% daily vol). PT 530-560p (0.90-0.95x TBV) if yields decline. Risks: CEO departure, UK rate rise, rent freeze, overvalued collateral. 3% position, adding at 500p. M&A target for larger banks trading above TBV seeking buy-to-let expertise. Next ER Aug.
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