CapMan: Making good progress with the strategy
Despite the challenging market situation, we expect strong performance from CapMan. Relative to this, the share valuation is not high. If our estimates materialize, low multiples and high dividend yield already offer a strong return on investment.
CapMan is an investment company. The vision is to be a long-term owner and create added value for the shareholders in the long term. CapMan mainly invests in medium-sized unlisted companies, properties and infrastructure facilities around the Nordic market. Furthermore, the company offers asset management, purchasing activities as well as analysis, reporting and back office services. CapMan was founded in 1989 and its headquarters are in Helsinki, Finland.
Read more on company pageKey Estimate Figures2022-11-13
| 2021 | 22e | 23e | |
|---|---|---|---|
| Revenue | 52.8 | 66.8 | 79.5 |
| growth-% | 22.8 % | 26.5 % | 19.0 % |
| EBIT (adj.) | 44.6 | 54.9 | 41.3 |
| EBIT-% (adj.) | 84.6 % | 82.3 % | 52.0 % |
| EPS (adj.) | 0.22 | 0.26 | 0.19 |
| Dividend | 0.15 | 0.16 | 0.17 |
| Dividend % | 4.9 % | 9.2 % | 9.8 % |
| P/E (adj.) | 13.9 | 6.6 | 9.4 |
| EV/EBITDA | 10.9 | 5.8 | 7.8 |
Forum discussions
