Sievi Capital: Indoor's Christmas sales was a bust
Af Olli Vilppo
Indoor’s Q4 development was clearly disappointing and far below our low estimates. KH-Koneet was reasonably good, but its performance did not compensate for Indoor's weakness this time. After the estimate changes we made, the sum of the parts that determines our target price fell to EUR 1.20 per share and we still see a clear value in the share compared to the current low price and expect the value to gradually be released as the new strategy progresses.
KH Group
1,06
1,20
Akkumulér
Akkumulér
Sievi Capital is now a conglomerate with a new name KH Group. Our medium-term objective is to become an industrial group built around the business of KH-Koneet Group. KH Group’s share is listed on Nasdaq Helsinki.
Read more on company pageKey Estimate Figures28.02.2023
2022 | 23e | 24e | |
---|---|---|---|
Omsætning | 2,0 | 2,0 | 3,0 |
vækst-% | -82,61 % | 50,00 % | |
EBIT (adj.) | -10,1 | 6,5 | 12,0 |
EBIT-% (adj.) | -505,00 % | 323,75 % | 400,00 % |
EPS (adj.) | -0,14 | 0,09 | 0,15 |
Udbytte | 0,00 | 0,00 | 0,00 |
Udbytte % | |||
P/E (adj.) | - | 6,04 | 3,50 |
EV/EBITDA | - | 7,35 | 4,09 |