Brand strength underpins strong growth outlook
UPGS’s combination of strong brands, targeted distribution channels and demonstrable success in M&A augurs well for sustainable growth. Moreover, the company’s track record in coping with disruptions associated with Covid19 should give investors confidence in senior management’s ability to handle any ongoing logistics problems associated with both international shipping and domestic haulage. Supermarkets and Online Channels continue to grow most quickly with advances of and 32.3% and 23.2% respectively in FY2021.UPGS financial strength underpins our confidence in the company’s ability to continue to pay out dividends at a 50% pay-out ratio – i.e. a twice covered basis. Dividend yield is a salient valuation advantage of UPGS relative to its peers. Moreover, even at our fair value price of 275p, the company would not be rated out of line with peers on key EV/sales, EV/EBITDA and P/E measures.
Equity Development enables companies to become better understood and supported by investors. Since our launch in 1996 we have consistently focused on helping our clients improve their communication and relationships with both existing and potential shareholders. Our clients have come from a wide variety of sectors and domiciles, are both private and quoted and range in size from micro-cap to $multi-billions. We offer free access to company research notes written by experienced analysts. These notes include detailed forecasts, financial models and a fair value. We host regular Private Investor Forums at which investors have the opportunity to hear company directors present, and to ask questions. These are free to attend. We broadcast live Webinars with company management that include active Q&A. We also make the recordings available online. We arrange face to face meetings between private investors and company management. We are active users of Twitter, commenting daily on company news, share price moves, Directors’ Dealings, Equity Development Research Notes & Events.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.