Added to YB: 2024-11-20
Pitch date: 2024-11-18
DCC.F [bullish]
DCC plc
Author Info
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Company Info
DCC plc engages in the sales, marketing, and distribution of carbon energy solutions in the Republic of Ireland, the United Kingdom, France, the United States, and internationally.
Market Cap
GBP 4.9B
Pitch Price
N/A
Price Target
105.00
Dividend
4.13%
EV/EBITDA
7.21
P/E
39.11
EV/Sales
0.34
Sector
Industrial Conglomerates
Category
value
DCC Plc: Divest, Clarify, Capitalise
DCC.F: Break-up catalyst to unlock value. Sell Healthcare & Tech for £2.2bn (~41% of mkt cap). Energy RemainCo: 16.4% EBITA CAGR, 19% ROIC, 9-10% growth target. Current 6.8x EBITDA vs 11.8x hist. avg. £105 PT (+95%) on re-rate to 10x. 39.5% IRR / 1.95x MOIC over 2yrs. Downside -12%.
Read full article (15 min)