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KGF Kingfisher Plc

282.80
0.00 (0.00%)
Kingfisher Investors - KGF

Kingfisher Investors - KGF

Share Name Share Symbol Market Stock Type
Kingfisher Plc KGF London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 282.80 01:00:00
Open Price Low Price High Price Close Price Previous Close
282.80
more quote information »
Industry Sector
GENERAL RETAILERS

Top Investor Posts

Top Posts
Posted at 26/3/2025 14:24 by edmonda
"Market share wins and cyclical upside appeal" - new note available here:

Kingfisher is primed, ready for a recovery in “big-ticket” spending. However, management’s understandably cautious guidance range for FY26E Adj. PBT has led the stock to give up its YTD gains. We believe this enhances Kingfisher’s value attractions.

Kingfisher’s FY25 results illustrated that management’s strategy to grow trade penetration and e-commerce sales is driving market share gains in the UK & Ireland, France and Poland.

Over the next three years we forecast c.36% growth in Adj. PBT and our upside scenario suggests c.90% potential growth. Whilst investors wait for this, we forecast a 10.5% FCF yield and substantial cash returns.

Hence, trading on under 9 x cal 2026 PER, we see scope for a significant re-rating. We reiterate our 340p Fair Value, equal to c.12.5x cal 2026 PER and c.3.5% dividend yield.
Posted at 19/3/2025 14:53 by edmonda
"Home attraction; cyclical upside; cash rewards" - initiation of coverage, freely accessible research report here:

Kingfisher is an industry-leading home improvement retailer that is primed, ready for a recovery in “big-ticket” spending.

We review management’s strategy to grow sales and profit margins in the medium term. We believe that Kingfisher’s resilience in the UK is due to the successful execution of its expansion strategy into trade, online and smaller stores (among other things). By serving more customers, in more convenient ways, Kingfisher has grown UK market share and we anticipate the roll out of these initiatives will drive market share gains in France and Poland too.

Over the next three years we forecast c.40% growth in Adj. PBT and our upside scenario analysis suggests 90% potential growth. Whilst investors wait for this, we forecast a 10%+ FCF yield and substantial cash returns. Hence, trading on only c.10x cal 2026 PER, we see scope for a significant re-rating from this point in the economic cycle.

We initiate coverage with a 340p Fair Value based on 12.5x cal 2026 PER and c.3.5% dividend yield.
Posted at 10/5/2023 10:35 by systemsthinker
I can't understand why KGF isn't more popular, at least as a long term investment:

P/B: 0.74
P/E: 10%
Yield: 4.75% and well covered.
Debt/Gearing: Just about right (around 35%)
Good profits, set to grow steadily.
Operating in 8 countries so some protection from Brexit etc
A good, but not radical, strategy to improve and accelerate their digital/data/ecommerce operations and roll out compact stores.
They seem to have a strong management team and motivated staff
There is a need for their services whether the economy worsens OR improves (within reason!)

Is it just that KGF is just not very glamorous??? Is it that it's not a '10 bagger' and unlikely to make an investor rich overnight? What am I missing?!?
Posted at 02/7/2022 17:24 by scooo
Just found this in the Q1 trading update. Seems to focus primarily on e-commerce/technology side of its bricks & clicks operations:-

‘Teach-in̵7; event on 5 July 2022. Kingfisher is hosting an in-person ‘teach-in̵7; event for analysts and institutional investors, on the afternoon of Tuesday, 5 July 2022. The event will take place in London, and will provide deeper insights into the e-commerce/technology and Responsible Business pillars of the ‘Powered by Kingfisher’ strategy.
Posted at 22/11/2021 14:29 by essentialinvestor
Sitting duck for a activist investor here, or corporate action?.
Posted at 01/10/2021 15:01 by m_kerr
at an enterprise value of £8bn, this must be one of the cheapest companies for earnings around, and share buybacks at a price below intrinsic value are great news for investors. dreno - i think there's plenty more the board could do to jack up that share price. even if they don't spin off screwfix, they could provide full disclosure of the separate financials of screwfix and b&q, which would show how how high screwfix's returns and growth are and allow investors to easily calculate a more appropriate valuation. i've done this myself based on estimated rents and floorspace and the value of screwfix is IMO around £4-5bn alone.
Posted at 23/9/2021 13:16 by sun1950
Very bullish article in the Investors Chronicle with buy recommendation we’ll worth a read. Potential buyers could be those stocks that are more aimed at the builders or overseas DIY suppliers who could move into the UK market at a cheap price
Posted at 14/5/2019 12:49 by connorcampbell
!YOUTUBEVIDEO:ksfAAsmHV8E:
Will Kingfisher announce a new CEO alongside its Q1 results next Wednesday?

Though it saw a 13% plunge in underlying pre-tax profit to £693 million, March’s full year report was really notable for the changes to the firm’s long-running ONE Kingfisher transformation plan. Forced to abandon the target of a sustainable £500 million annual profit uplift by FY 2020/21, stating that it ‘no longer reflects’ how the business is managed, CEO Veronique Laury was given the boot, though her leaving date wasn’t announced.

Any word on her successor may be the most sought-after piece of news on Wednesday. Beyond that, investors will specifically be looking for signs of improvement in Castorama given Kingfisher said it was ‘implementing a clear plan’ to turnaround the ailing brand. The progress of the extended rollout of Screwfix outlets in the UK and abroad will also be under the spotlight.

Read what Spreadex analysts have to say, or watch a 60 second preview, here:
Posted at 14/5/2019 12:49 by connorcampbell
Will Kingfisher announce a new CEO alongside its Q1 results next Wednesday?

Though it saw a 13% plunge in underlying pre-tax profit to £693 million, March’s full year report was really notable for the changes to the firm’s long-running ONE Kingfisher transformation plan. Forced to abandon the target of a sustainable £500 million annual profit uplift by FY 2020/21, stating that it ‘no longer reflects’ how the business is managed, CEO Veronique Laury was given the boot, though her leaving date wasn’t announced.

Any word on her successor may be the most sought-after piece of news on Wednesday. Beyond that, investors will specifically be looking for signs of improvement in Castorama given Kingfisher said it was ‘implementing a clear plan’ to turnaround the ailing brand. The progress of the extended rollout of Screwfix outlets in the UK and abroad will also be under the spotlight.

Read what Spreadex analysts have to say, or watch a 60 second preview, here: hxxps://spreadex.com/?tid=391503
Posted at 19/9/2018 16:21 by whatsup32
16 August I stated Kingfisher continues to say all is good and she is on plan.

Is the plan to waste the cash at hand buying shares back. How much has the company actually lost in pursuing this lost cause. That cash should be held in the account for rainy days.

If all is well then why is the share price going down (7 year lows)
Why is France going down
Why is B&Q not transformed

I think investors willl be questioning this 5 year plan as should the management

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