Sievi Capital: Good performance in an uncertain environment
In the big picture, Sievi Capital’s year began with positive signs and as a whole, holdings progressed slightly better than we expected in an uncertain environment. We made minor estimate changes and our sum of the parts calculation remained close to our previous estimate. We still see clear value in the share relative to the low current share price and expect the value to gradually be released as the new strategy progresses.
KH Group
KH Group is a financial group. The company operates as a conglomerate with diversified business activities. Within the group, there are companies in various sectors with a wide range of products and services. The business is run on a global level with the largest presence in Europe. The customers consist of both private players and business customers, where sales take place via own brands. The company was founded in 2012 and has its headquarters in Helsinki.
Read more on company pageKey Estimate Figures04.05.2023
2022 | 23e | 24e | |
---|---|---|---|
Revenue | 2.0 | 2.0 | 3.0 |
growth-% | -82.61 % | 50.00 % | |
EBIT (adj.) | -10.1 | 5.7 | 12.0 |
EBIT-% (adj.) | -505.00 % | 283.75 % | 400.00 % |
EPS (adj.) | -0.14 | 0.08 | 0.15 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | - | 6.66 | 3.37 |
EV/EBITDA | - | 8.27 | 4.04 |