Added to YB: 2026-06-03
Pitch date: 2026-06-01
THG.L [bullish]
THG Plc
+3.45%
current return
Author Info
The Boon Fund writes about their investments in UK shares. Outperforming the FTSE All-Share, every year, for the last three years. 49% total return vs 15% over three years. They transparently publish their entire portfolio, as well as all buys and sells that they do. Sign up for the newsletter.
Company Info
THG Plc operates as an online retailer in the United Kingdom, the United States, Europe, and internationally.
Market Cap
GBP 539.7M
Pitch Price
GBP 0.33
Price Target
0.80 (+139%)
Dividend
N/A
EV/EBITDA
13.71
P/E
-7.17
EV/Sales
0.53
Sector
Broadline Retail
Category
turnaround
YTD to May 2026: Performance, Buys, Sells, and Commentary - TOPPED UP: THG
THG.L (added to position): Founder Moulding £8.5m insider buy at 34.9p signals turnaround success. Two crown jewels: LookFantastic (no UK beauty competition, GLP-1 tailwind) & MyProtein (whey cost pressure resolving in 6-9mo as new factories online). Expects 10%+ growth, EBITDA margin expansion, swing to PBT positive, net debt <1x in 6-12mo. PE bidders circled at 70-150p prior. FV 60p+, best case 80p (vs 32p).
Read full article (2 min)