Thrace Group (ASE: PLAT)

Last close As at 07/11/2024

5.40

−0.04 (−0.74%)

Market capitalisation

EUR238m

Latest Insights

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Industrials | Update

Thrace Plastics — Maintaining a steady course

Industrials | Update

Thrace Plastics — Investing for the future

Balance Sheet

Forecast net debt (€m)

17.3

Forecast gearing ratio (%)

6

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 0.0 28.3 38.1
Relative (2.9) 9.2 (15.6)
52 week high/low €5.6/€3.6

Financials

Edison Investment Research is terminating coverage on Thrace Group (PLAT). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant. Previously published reports can still be accessed via our website.

Y/E Dec Revenue (€m) EBITDA (€m) PBT (€m) EPS (fd) (c) P/E (x) P/CF (x)
2021A 428.4 103.8 85.9 154.58 3.5 2.2
2022A 394.4 48.3 27.5 49.66 10.9 4.8
2023E 389.3 46.2 22.1 38.00 14.2 5.1
2024E 415.3 49.4 25.4 43.95 12.3 4.8

Research

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US small-cap equities – Time to shine?

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ConsumerWatch – The times they are a-changin’

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Emerging markets – Worthy of consideration

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Dynam Capital at the 2024 Vietnam ESG Conference

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MediaWatch – Glimpses of positivity

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ConsumerWatch – Give me a reason to love you

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UK stock market – Scope for further upside in UK large-cap stocks

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Listed private equity – Performing a balancing act

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ConsumerWatch – At least someone loves me

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MediaWatch – Rinse and repeat

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South African life assurers: Where is the growth?

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Deutsches Eigenkapitalforum (EKF) 2023 industrials

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Deutsches Eigenkapitalforum (EKF) 2023 healthcare

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VolitionRx – Decoding the DNA of cancer 

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MediaWatch – Still waiting…

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ConsumerWatch – Falling into the fall

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Shades of the 1970s

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The long and winding road

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MediaWatch – Targeting the opportunities

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ConsumerWatch – Making the most of the summer

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ASCO 2023 key takeaways

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IFRS 17: Impact on life assurance companies

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MediaWatch – Vision On

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ConsumerWatch – A Spring in the step

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Quantum computing: A booming industry

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Critical minerals: The investment vacuum

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Crypto, are you dead yet?

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Industrials

UK housebuilders

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European equities

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Listed Private Equity

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Lithium’s adolescence

Concept of energy storage unit consisting of multiple conected containers with batteries. 3d rednering.

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Battery energy storage

Digital Marketing and Internet Media Technology Platform

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MediaWatch – Screening well

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Vietnamese equities: Due a comeback?

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Machine learning in drug development

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Consumer

ConsumerWatch – January sales

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Cell and gene therapies

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Investment Companies

Investment companies: Latin America is worthy of consideration

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Drug delivery platforms

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South African industrial property fundamentals are strong

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Lepidico: Offer closes, oversubscribed

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UK motor P&C insurers series

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Neuroscience comeback

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South African retail property funds remain resilient

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Consumer

ConsumerWatch – Bargains galore

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Consumer

IPO apocalypse

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Healthcare

Oncology ABCs (part two) – vaccines: niche no longer

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Food tech – At the forefront of food innovation

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ESG, moving beyond the box tick

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ConsumerWatch – Value emerging

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Industrials

A new paradigm for space

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Geopolitical conflict to drive renewables surge

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Industrials

The emergence of mega-constellations

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Industrials

Internet in the sky

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Revisiting IPOs in London

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Direct tech investors

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The case for US capital markets

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Industrials

Truth creates light

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Industrials

All-seeing eye in the sky

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The industrialisation of space

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Industrials

Feeding the world

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Consumer

Circular economy business models

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Consumer

Moving from a vegan January to a sustainable one

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BayWa – Focus on sustainability

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The PGM markets – Outlook and price forecasts

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Have yourself a sustainable little Christmas

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Industrials

COP26: What does it mean for business?

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Healthcare

Artificial intelligence in drug discovery

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Industrials

Investment themes: IPO boom in London

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Energy & Resources

Demand for Teslas points to lithium deficit

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Quantum dots – all the colours of the rainbow

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Laser diodes – may the force be with you

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Micro-LEDs – small is beautiful

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Caution – slowdown ahead

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Consumer

The growth of UK food ordering and delivery platform

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Industrials

The circular economy

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Decarbonisation

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Industrials

EV outlook #1 – Growth, policy and net zero

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Real Estate

South African listed property sector

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ESG investing

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Value Investing: Living with the reality, waiting for the inevitable

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Consumer

Meating Demand – The lean, green money-making machine

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Illuminator – August Update

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Illuminator – July Update

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Illuminator – March Update

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decline on coronavirus impact

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Lighthouse – An ESG Centred Week

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Illuminator – February Update

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Coronavirus: Markets wake-up to the risks

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Illuminator – January Update

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Illuminator – November Update

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Earnings forecasts: 2019

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Healthcare

Edison Exhibits- antibiotic development

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Past the peak of political risk?

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Water – The real liquidity crisis

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Illuminator – October Update

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Industrials

Greece – Changing the narrative

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Illuminator: September Update

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Consumer

Illuminator: August Update

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Post Woodford- A spotlight on smaller company liquidity

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The next wave in AMD

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Diversification and scale for online success

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IFRS 16

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Liquidity

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DACH Industrial & Logistic Property

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2019 earnings forecasts losing momentum

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Minimal capitulation from the FOMC

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Whatever it takes… all over again!

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How to buy and sell investment trusts

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The value of a shareholder register

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Cannabinoid Therapies- Therapeutics turning a corner

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Time value of money

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Piedmont Lithium increases its mineral resource estimate by 21%

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Cash flow

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Industrial Automation

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Verbier appraisal points to lower than expected resources

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Types of investment trusts

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Brexit: EU can do it if you really want…

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Orinduik resource upgrade for Eco Atlantic offshore Guyana

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No moveable hydrocarbons in Alaskan Winx-1 well

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Hydrocarbon discovery for Murphy at Cholula-1 offshore Mexico

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Brexit: The big guns go silent

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ECB: Buy the rumour, sell the news

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Drug pricing – Market access and reimbursement

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Enterprise versus equity valuation

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The diagnostics sector

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ECB fiddles as eurozone turns

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Gold stars and black holes

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Deutsche Börse’s Scale

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Price to earnings ratio

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FOMC: US Fed merely matches expectations

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Brexit: Prepare for a confrontation

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Brexit on pause as UK PM challenged

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2019 Earnings forecasts softening

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Tullow’s Namibian well disappoints

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Choose your narrative with care for 2019

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Tullow spuds Cormorant well offshore Namibia

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Southern gas corridor to the EU nears agreement

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Turkey:When risks collide

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Mexico: reassurance or uncertainty?

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The post-ASCO IO pecking order

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The post-ASCO IO pecking order

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The post-ASCO IO pecking order

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Global implications of rising US yields

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Long hot Italian summer

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The Global Credit Market

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Energy & Resources

UK independents pick up blocks in Mexico’s Round 3.1

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Market declines: US LIBOR or US trade war?

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Social Media’s Dieselgate?

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Lower break even for Johan Sverdrup

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Earnings: The real Trump bump

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Canaries in the monetary coal mine?

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Kosmos exploration hiccups

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Positive news from Genel’s Taq Taq

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Economic surprise accelerating

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Ludicrous growth of the EV

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Tullow’s Araku result completes our 2017 wells to watch list

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Fancy a Ferrari or an EV?

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Verbier delivers after sidetrack

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Revealing Big Oil hurdle rates

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Fatala well latest disappointment offshore West Africa

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Partridge and Verbier fail to find oil

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Interesting times for central bankers

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Made a discovery? What are the odds of another?

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Earnings momentum remains stable for now

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Kosmos searching for more investors

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Killing the goose that laid the golden eggs

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Fed policy: Don’t forget your flip-flops

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A tipping point as monetary policy shifts

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ASCO 2017

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South east basin most popular in latest Mexico round

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Porcupine Basin attracts Total

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Tory manifesto – what does it mean for oil and gas?

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Not really an economic surprise…

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Sector view: Boring old insurance

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Energy & Resources

Cairn/FAR return to deepwater FAN in Senegal

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E&P industry funding cost still high

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Just what the Fed wanted

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Earnings trends: Gap risk endures in US

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What a difference a year makes

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FOMC minutes: Fairly soon = March or June?

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Earnings estimates stuck in low gear

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Filicudi discovery – positive start to 2017 Barents exploration

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Tullow dipping a toe back into exploration

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Diversified Gas and Oil – quick thoughts

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Implicit forward guidance on asset prices?

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Earnings Revisions: Waiting for upgrades?

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You can’t be given a bloody nose twice

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