Card Factory (LSE: CARD)

Last close As at 27/04/2024

GBP1.02

3.60 (3.67%)

Market capitalisation

GBP352m

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Equity Analyst

Russell Pointon

Russell Pointon

Director of Content, Consumer and Media

Milo Bussell

Associate Analyst, Consumer and Media

Balance Sheet

Forecast net cash (€m)

23.7

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 11.8 8.1 (6.3)
Relative 9.8 1.5 (8.4)
52 week high/low 113.4p/85.6p

Financials

Card Factory is a deep value retailer, offering a core product at 99p that retails for twice that at high street competitors. Despite the wide price gap, management is adamant that it does not need to raise prices to maintain profitability, with a range of actions in progress to optimise both top line and cost structure. The share price has fallen steeply, but this could present an opportunity as there are a number of potential catalysts.

Thematics

thematic

Investment Companies

Listed private equity – Performing a balancing act

thematic

Consumer

ConsumerWatch – At least someone loves me

thematic

TMT

MediaWatch – Rinse and repeat

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