Professional
Added to YB: 2025-01-16
Pitch date: 2025-01-15
QQ.L [bullish]
QinetiQ Group plc
+15.23%
current return
Author Info
Upslope Capital is an alternative investment management firm based in Colorado. They manage a global long/short public equity investment strategy. Follow on Twitter/X.
Company Info
QinetiQ Group plc provides science and technology solution in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally.
Market Cap
GBP 2.9B
Pitch Price
GBP 4.11
Price Target
N/A
Dividend
1.66%
EV/EBITDA
11.88
P/E
-16.18
EV/Sales
1.56
Sector
Aerospace and Defense
Category
value
Upslope Capital Management Portfolio Holding: QinetiQ Group plc
QQ.L: UK-based defense co. focused on AUKUS (99% gov sales). Diversified, high-quality biz well-positioned for UK/EU defense spend surge. Attractive model: tuck-in M&A, buybacks, 0.5x leverage. Cheap at 7.5x EBITDA (~40% peer discount). Risks: gov budget reliance, US acquisition integration, hacking, FX.
Read full article (1 min)