RE: THG vs APN Valuation30 Jan 2025 19:02
It's really undervalued if the FCF turns out to be £70 million+ as what would of been last year without ingenuity.
Just a matter of time imo. Even with poor leadership, without ingenuity the profitability here is tantalising at this MCAP. However, I think nutrition will grow this year and so will beauty. If so, this won't be 40p :)