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Breville Group.. is it a better price?

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Breville Group.. is it a better price?

Hi What is MM view for BRG considering the price pullbacks?

Answer

Hi Nilang,

Breville  (BRG) is at the cheap end of its historical range trading on ¬30x however that’s because it’s earnings growth profile has slowed. It’s moves from ¬30% earnings growth to ¬20% expected in FY22 and heading lower. A maturing business that I still don’t see as cheap enough at current levels.

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Breville Group (BRG)
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