Added to YB: 2026-07-01
Pitch date: 2026-06-29
HEAD.L [bullish]
Headlam Group plc
-1.98%
current return
Author Info
No bio for this author
Company Info
Headlam Group plc, together with its subsidiaries, engages in the sale, marketing, supply, and distribution of floorcovering and other ancillary products in the United Kingdom and Continental Europe.
Market Cap
GBP 15.4M
Pitch Price
GBP 0.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.50
P/E
-0.24
EV/Sales
0.23
Sector
Distributors
Category
turnaround
Headlam Group plc - $HEAD.L
HEAD.L: UK's largest flooring distributor, deep-value equity stub at 19p (~£16.4m cap on ~£380-500m rev). Bear case: 21% rev decline, share loss to Likewise (+16%), going concern warning, £40-65m net debt, -£12.5m EBITDA. Bull: ~29.5% GM intact, ABL facility shields downside, SKU cuts release cash, new mgmt 'shrink-to-grow.' At 2.5% margin by 2027 = 1.7x P/E; even 0.5% = 8.6x. Illiquid float + 1.8% short interest = squeeze potential. Small starter position, speculative.
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