RE: Wood value1 Mar 2025 13:19
The breakup value of Wood Group as of March 1, 2025, minus debt, ranges from £2.90 to £3.33 per share (290–333 pence). This estimate uses a total breakup value of £1.995–£2.289 billion (core business at 6x $415 million EBITDA, plus $168 million from disposals and $930 million order book value), divided by 688.3 million shares. Net debt varies: $690 million (excluding leases) yields 333p, while $1.063 billion (including leases) gives 290p. Compared to the current ~38p share price, this suggests significant unrealized value if assets were sold separately, though execution risks could reduce the final amount.
From Grok - nice if true !