The business has consistently outperformed its markets over the long term
Coats (COA) Price: 76.2p Market Cap: £1.2 billion World-leading thread and structural components maker Coats (COA) has set its sights on delivering accelerated cash flow and shareholder returns after de-risking its pension liabilities and divesting non-core assets. We believe this high-quality business can deliver mid-teens percentage total shareholder returns, which looks very attractive against a PE (price to earnings) ratio of only 10 times and a free cash flow...