Added to YB: 2024-03-26
Pitch date: 2024-03-25
VLX.L [bullish]
Volex plc
+133.02%
current return
Author Info
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Company Info
Volex plc manufactures and sells power and connectivity in North America, Europe, and Asia. It provides integrated manufacturing services, such as high level assembly, box build, electromechanical assemblies and systems, wiring harness and cable assembly, printed circuit board assembly, video display systems, and embedded systems; electric vehicle charging solutions; copper interconnect cables and data transfer cables; and data center power cables and power cords.
Market Cap
GBP 1.7B
Pitch Price
GBP 2.72
Price Target
430.00 (+6682%)
Dividend
0.70%
EV/EBITDA
12.81
P/E
26.09
EV/Sales
1.48
Sector
Electrical Equipment
Category
turnaround
Volex plc - $VLX.L
VLX.L: Volex manufactures power & data transmission products for EV, consumer, medical, industrial & off-highway markets. Turnaround under CEO Rothschild via focus on less competitive areas, M&A & cost cuts. FY25 P/E 10x, EV/EBIT 8.6x post Murat Ticaret deal. Targets 10%+ margins & $1.2B sales by FY27, 12% IRR. Key risks: customer concentration, M&A integration, dilution.
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