Added to YB: 2024-09-13
Pitch date: 2024-09-12
KITW.L [bullish]
Kitwave Group plc
-29.6%
current return
Author Info
Company Info
Kitwave Group plc engages in the food and drink wholesale business in the United Kingdom. The company operates through Ambient, Frozen & Chilled, and Foodservice divisions.
Market Cap
GBP 191.8M
Pitch Price
GBP 3.07
Price Target
5.20 (+141%)
Dividend
5.00%
EV/EBITDA
6.86
P/E
11.35
EV/Sales
0.42
Sector
Consumer Staples Distribution and Retail
Category
growth
Kitwave Group plc - $KITW.L
KITW.L: UK delivered wholesaler, 5% market share, high-quality service at fair prices. 13% rev CAGR since 2016, 20% ROIC, 75% OCF/EBITDA. Acquisitions at ≤5x EBITDA. Competitive advantage vs small players, big players can't compete. 60% upside to £5.2/share, 8% LFY earnings yield. Long growth runway in fragmented market.
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