A director at Essentra bought 35,000 shares at 109p and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing C...
Essentra Components has long been a strong business and has now been set free to drive growth, with management targeting a near tripling of EBIT in the medium term. In this short video, Sanjay Vidyarthi talks through what makes the investment case interesting now. He explains why the ambitious growth targets are achievable and how M&A will support this. On cautiously set estimates, the shares are worth 280p, with upside to 380p if management’s targets are achieved.
Essentra has reported LFL sales down 9% in the 4mths to 6 May against a tough comparative. The Q1 trends were well flagged at the FY22 results. Importantly, Q2 is on an improving trajectory and the margin performance has been strong. We make no change to our FY23E forecasts, which are cautiously set. Management has ambitious medium-term growth targets which look achievable in the context of Components’ long-term growth track record, both organically and through acquisition. The balance sheet is ...
The market had struggled with Essentra’s conglomerate structure, but the now stand-alone Components business has an excellent track record and strong growth prospects in large, fragmented markets. The target to triple EBIT to £120m by FY27E is ambitious and requires a steady flow of acquisitions. The balance sheet can fund this, alongside investment in the proposition, which should drive market share gains. Despite delivering on the strategy, the shares have de-rated aggressively. Our DCF-based ...
ESSENTRA (GB), a company active in the Industrial Suppliers industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date January 21, 2022, the closing price was GBp 340.00 and its expected value was estimated at G...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Summary Marketline's Rpc Group Plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Rpc Group Plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorg...
FY16 has been a disappointing one for Essentra, but a new CEO is a catalyst for change. Having clearly identified some key issues, short-term remedial action is to be followed by a full strategic update later in the year. The near-term goal is to deliver more robust operational performance before driving profitable growth thereafter. FY16 results are scheduled for 17 February.
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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