Added to YB: 2023-09-19
Pitch date: 2023-09-19
PINE.L [bullish]
Pinewood Technologies Group PLC
+17.96%
current return
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider in the United Kingdom, rest of Europe, Africa, Asia, the Middle East, and internationally.
Market Cap
GBP 244.0M
Pitch Price
GBP 1.79
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.88
P/E
38.10
EV/Sales
6.94
Sector
Software
Category
N/A
Pinewood ($PINE.L)
PINE.L: UK auto dealer selling main biz, keeping Pinewood SaaS. 16.5p/share dividend. Pinewood valued at 7.2p/share, 8x 2022 EBITDA. 90% recurring rev, 60-70% EBITDA margin. Target 27m GBP EBITDA by 2027 (4.4x). US JV upside. Comps at 15-25x EBITDA. 18p/share potential. Risks: deal approval, execution. Completion Q4 2023.
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