Position Increase - B&M European Value Retail (BME.L)
I will increase my position in B&M European Value Retail (BME.L) by 50.0%, effective as of today’s close (March 21st).
Recently, I’ve already shared a deep dive and valuation on B&M European Value Retail (BME.L), and with the price still looking attractive, I’m adding to the position.
B&M European Value Retail S.A. (BME.L) – In-Depth Analysis and Valuation
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High-Margin UK Discount Giant with an operating margin exceeding 10%, trading at a P/E of 8x and a P/FCF of 5x. Over FY21-FY24, it has distributed £1.8B in dividends—equivalent to two-thirds of its £2.7B market cap. Over the past decade, revenue has compounded at 14.7% annually