Added to YB: 2024-12-26
Pitch date: 2024-12-20
MPE.L [bullish]
M.P. Evans Group PLC
+40.66%
current return
Author Info
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Company Info
M.P. Evans Group PLC, through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia and Malaysia.
Market Cap
GBP 624.6M
Pitch Price
GBP 8.96
Price Target
N/A
Dividend
4.74%
EV/EBITDA
5.24
P/E
9.69
EV/Sales
1.91
Sector
Food Products
Category
growth
Harvesting the Surge - M.P. Evans Group PLC
MPE.L: Indonesian palm oil plantation manager. 11% annual crop growth, 65k hectares, avg palm age 10yrs. 9x EV/EBIT at 2023 lows, 5% yield (div+buyback). High fixed costs = operating leverage. $100-200/MT price rise could boost profits significantly. Up 10% recently, but still potential if prices stay elevated.
Read full article (1 min)