Added to YB: 2024-05-14
Pitch date: 2024-04-28
CARD.L [neutral]
Card Factory plc
-18.41%
current return
Author Info
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Company Info
Card Factory plc operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally.
Market Cap
GBP 327.8M
Pitch Price
GBP 0.83
Price Target
N/A
Dividend
4.75%
EV/EBITDA
3.82
P/E
6.63
EV/Sales
0.90
Sector
Specialty Retail
Category
value
Card Factory: Why I Sold My Position in This Great Business
CARD.L (Card Factory): Bearish change. Weak margin of safety despite 4x EV/EBITDA FY24-27. Growth plans & rising costs may negate cheap valuation. Model: Bear case -70-80%, Base case value trap, Bull case +130% (95-105p PT) but needs 65-75p entry for 10% IRR hurdle. Awaiting dividend catalyst.
Read full article (20 min)