Added to YB: 2026-08-05
Pitch date: 2026-05-29
GLV.L [bullish]
Glenveagh Properties PLC
+4.3%
current return
Author Info
No bio for this author
Company Info
Glenveagh Properties PLC, together with its subsidiaries, engages in the construction and sale of houses and apartments for private buyers, local authorities, and the private rental sector in Ireland.
Market Cap
EUR 1.2B
Pitch Price
EUR 2.33
Price Target
5.30 (+119%)
Dividend
N/A
EV/EBITDA
9.50
P/E
12.26
EV/Sales
1.50
Sector
Household Durables
Category
growth
Glenveagh Properties PLC - $GLV.L
GLV.L: Irish homebuilder, one of two scaled players in structurally undersupplied market (deficit ~227k units). Capital-light Partnerships +60% to €381m, 40%+ of biz. Homebuilding margin 23.7%. EPS €0.20→€0.41 by 2030 (16% CAGR) via growth + buybacks (share count 871m→519m). At 9-10x, target €3.70-5.30 over 2-3yrs. Risk: Irish macro/policy shock.
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