Added to YB: 2025-11-12
Pitch date: 2025-11-07
BME.L [bullish]
B&M European Value Retail plc
+79.7%
current return
Author Info
D Invests is a self taught investor with a focus on quality and value. This newsletter focuses on businesses within their portfolio past and present. Their aim is to double their investments every 5 years resulting in a target 15% CAGR. Sign up for the newsletter.
Company Info
B&M European Value Retail plc operates as a European variety discount retailer in the United Kingdom and France.
Market Cap
GBP 2.4B
Pitch Price
GBP 1.56
Price Target
2.42 (-13%)
Dividend
3.93%
EV/EBITDA
6.70
P/E
14.58
EV/Sales
0.78
Sector
Broadline Retail
Category
value
B&M European Value Retail - New Position
BME.L: UK discount retailer down 72% from highs. Trading at £1.8B mcap on £5.57B revenue, 10% EBIT margin, £319M net income. 50%+ growth runway to 1,200 stores vs 777 today. Strong unit economics: £480k profit/store/year, 12mo payback. 9% div yield, potential 18% w/ special div. New mgmt navigating LFL sales weakness & cost inflation. Fair value £2.42-£3.14 (47-84% upside). 24-39% IRR over 12-18mo timeframe.
Read full article (10 min)