Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Transcripts
    • AGM Invitations
    • IPOs
  • inderesTV
  • Portfolio
  • Forum
  • Discovery
  • Q&A
  • About Us
    • Our Coverage
    • Team
Research

Avidly: Growth and growth investments

By Inderes
Download report (PDF)

Avidly's growth has kept on familiar and strong track, even though profitability was below on expectations. In the next few years, we see clear drivers for the company's earnings growth in a structurally growing market. However, with higher growth investments and a softer profitability guidance, we lowered our earnings growth estimates for the next few years. Given the strong earnings growth outlook, the company's valuation (2023e EV/EBIT 9x) is still attractive. On the other hand, short-term share price drivers are weaker than before as the point of support for earnings-based valuation multiples moves forward and market uncertainty increases.

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.