Added to YB: 2025-12-10
Pitch date: 2025-12-06
NTBR.L [bullish]
Northern Bear PLC
-30.81%
current return
Author Info
No bio for this author
Company Info
Northern Bear PLC, together with its subsidiaries, provides construction and building services for residential, commercial, and public sectors in the United Kingdom.
Market Cap
GBP 14.1M
Pitch Price
GBP 1.44
Price Target
N/A
Dividend
2.44%
EV/EBITDA
1.51
P/E
3.50
EV/Sales
0.12
Sector
Household Durables
Category
value
Northern Bear PLC: The Cash Crucible—Capital Allocation Options for a Deeply Discounted Microcap
NTBR.L: 95% of FY profit achieved by Sept 30. Projecting £5M net cash by Mar 2026 (25% market cap). Share buybacks at 20.7% earnings yield vs 8% debt cost highly accretive. Should prioritize aggressive repurchases over acquisitions given 4.8x cash-adj P/E. Alcor divestiture recommended (8.2% return vs 20.7% buyback yield).
Read full article (3 min)