McColls is the fastest growing neighbourhood convenience retailer and is on the cusp of becoming something far more relevant and valuable. This follows recent milestones securing both supply and banking support, which facilitate execution of its growth strategy. Margin accretive sales growth has the potential to transform profitability, FCF and gearing – which worsened in the last 3 years. Our 70p 12m fair value estimate is dwarfed by upside scenario analysis, with viable roadmaps to 200p (3 yea ....
14 Apr 2021
Neighbourhood convenience for recovery & growth
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Neighbourhood convenience for recovery & growth
McColl's Retail Group Plc (MCLS:LON) | 0 0 0.0% | Mkt Cap: 2.59m
- Published:
14 Apr 2021 -
Author:
Matthew McEachran | N+1 Singer Team -
Pages:
3
McColls is the fastest growing neighbourhood convenience retailer and is on the cusp of becoming something far more relevant and valuable. This follows recent milestones securing both supply and banking support, which facilitate execution of its growth strategy. Margin accretive sales growth has the potential to transform profitability, FCF and gearing – which worsened in the last 3 years. Our 70p 12m fair value estimate is dwarfed by upside scenario analysis, with viable roadmaps to 200p (3 yea ....