Added to YB: 2025-02-21
Pitch date: 2025-01-05
DOCS.L [bullish]
Dr. Martens plc
+1.98%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Dr. Martens plc engages in the design, development, procurement, marketing, sale, and distribution of footwear.
Market Cap
GBP 662.3M
Pitch Price
GBP 0.67
Price Target
140.00 (+20428%)
Dividend
3.68%
EV/EBITDA
6.51
P/E
28.83
EV/Sales
1.14
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Show full summary:
Dr. Martens plc - $DOCS.L
DOCS.L: PE-backed footwear brand at 25% FY26 FCF yield. New mgmt turnaround focus: US recovery, product marketing, inventory reduction, cost cuts. Permira (38% stake) likely to sell. 55% upside at 10x FY26 EBIT (£130M). Risks: failed turnaround, no sale, boot seasonality. Catalyst: company sale or US recovery.
Read full article (4 min)