Risk factor
Very poor trading liquidity
Profitability factor
Slightly undervalued vs peers
About
Topps Tiles Plc primarily operates as a major retailer and wholesale distributor of a diverse range of tiling products and complementary materials. Serving both individual homeowners and commercial clients throughout the United Kingdom, their extensive inventory features ceramic, porcelain, and natural stone tiles suitable for various spaces like bathrooms, kitchens, floors, and walls, alongside decorative mosaic options. Beyond tiles, the company supplies underfloor heating systems, specialized wet room equipment, general hand tools, and a complete selection of installation and finishing essentials, including adhesives, primers, grouts, sealants, trims, doorbars, matting, and leveling compounds. Furthermore, Topps Tiles diversifies its business into property management and investment, the sale of timber flooring products, and logistics support through warehousing services. As of September 26, 2020, the company maintained a significant retail footprint with 342 physical stores and also facilitates sales through its e-commerce website. Established in 1963, its corporate headquarters are located in Leicester, United Kingdom.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on E
Target Price
The average target price of TPT.L is 38.3 and suggests 6.25% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendati