Added to YB: 2026-06-03
Pitch date: 2026-06-01
FLO.L [bullish]
Flowtech Fluidpower plc
-1.89%
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
Flowtech Fluidpower plc, together with its subsidiaries, engages in the distribution of engineering components and assemblies in the areas of fluid power industry in the United Kingdom, The Netherlands, Belgium, and Ireland.
Market Cap
GBP 42.5M
Pitch Price
GBP 0.53
Price Target
1.05 (+104%)
Dividend
N/A
EV/EBITDA
10.16
P/E
-9.99
EV/Sales
0.57
Sector
Trading Companies and Distributors
Category
turnaround
YTD to May 2026: Performance, Buys, Sells, and Commentary - NEW POSITION: Flowtech Fluidpower
FLO.L (new position): UK fluid power turnaround. Two solid half-years of P&L progress (rev + margins) = catalyst for broker upgrades & re-rating. Net Debt/EBITDA >2x falling toward 1x on rising EBITDA, less capex. Bolt-on M&A at 4-5x EV/EBITDA (Q-Plus at 5x). Harwood & Chair backed 53p placing. Risk: Iran conflict impact unknown. FV 86-105p at 8-10x EV/EBITDA vs 51p.
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