Added to YB: 2025-04-29
Pitch date: 2025-04-28
LUCE.L [bullish]
Luceco plc
+62.11%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Luceco plc, together with its subsidiaries, designs, manufactures, and delivers residential and commercial electrification products and systems in the United Kingdom, Europe, the Americas, the Middle East, Africa, and the Asia Pacific.
Market Cap
GBP 313.2M
Pitch Price
GBP 1.29
Price Target
197.40 (+9345%)
Dividend
3.00%
EV/EBITDA
9.33
P/E
15.29
EV/Sales
1.35
Sector
Electrical Equipment
Category
growth
ESO - Part 2 - Luceco
LUCE.L: UK electrification products co trades at 11x PE (£19.2M profit, £211.6M mcap). 2024 acquisitions D-Line & CMD add £5M to op profit run rate. Expect £36M op profit in 2025 vs broker est £29.5M. Growth drivers: wiring accessories (60% pro, 40% retail), portable power (EV charging), LED lighting. 50% upside potential to 14-16x PE.
Read full article (6 min)