Professional
Added to YB: 2024-11-01
Pitch date: 2024-10-29
KITW.L [bullish]
Kitwave Group plc
-30.7%
current return
Author Info
No bio for this author
Company Info
Kitwave Group plc engages in the food and drink wholesale business in the United Kingdom. The company operates through Ambient, Frozen & Chilled, and Foodservice divisions.
Market Cap
GBP 191.8M
Pitch Price
GBP 3.02
Price Target
N/A
Dividend
5.00%
EV/EBITDA
6.86
P/E
11.35
EV/Sales
0.42
Sector
Consumer Staples Distribution and Retail
Category
growth
Minotaur Capital Q3 Fund Letter - Kitwave (KITW.L)
KITW.L: UK food distributor to 42k+ convenience stores. 22% EPS CAGR since FY16 via M&A. £10bn+ fragmented TAM. 17% ROIC, 10-20% annual growth potential. Undervalued at 13.1x P/E, 7.9x EV/EBITDA vs peers. Benefiting from UK economic rebound & shift to delivered wholesale.
Read full article (2 min)