LeadDesk: Better than its price
LeadDesk is a SaaS software company whose product enhances the sales and customer service of companies in Europe. Its historical growth track record is good looking beyond short-term challenges. Driven by strong market growth, competitive offering and good strategy implementation we expect the company’s organic growth to be 10-13% in the next few years. Relative to this, the share’s valuation (2023e EV/S: 1.4x) is very attractive and we believe it entails unjustifiably cautious expectations of the company.
LeadDesk
LeadDesk operates in the IT sector. The company is a technical developer of software solutions that are further used for the analysis and processing of customers' sales and support functions. The largest presence is in the Nordic market, where customers consist of small and medium-sized corporate customers. The head office is located in Helsinki.
Read more on company pageKey Estimate Figures20.12.2022
2021 | 22e | 23e | |
---|---|---|---|
Revenue | 24.6 | 28.0 | 30.7 |
growth-% | 78.03 % | 13.88 % | 9.78 % |
EBIT (adj.) | 1.1 | 0.7 | 1.5 |
EBIT-% (adj.) | 4.60 % | 2.37 % | 4.84 % |
EPS (adj.) | 0.08 | 0.03 | 0.08 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | 274.61 | 257.83 | 79.01 |
EV/EBITDA | 37.70 | 12.38 | 9.35 |