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Added to YB: 2024-08-16

Pitch date: 2024-07-30

AALLON.HE [bullish]

Aallon Group Oyj

+38.03%

current return

Author Info

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Company Info

Aallon Group Oyj provides accounting services in Finland. The company offers electronic accounting, such as financial administration data and reports, processing of purchase invoices, and communication and business administration; financial administration services, which include outsourced financial management, company accounting, and association accounting; salary administration and HR solutions comprising payroll as a service, electronic payroll administration, and HR solution and systems; and advisory services, including termination of business operations, tax optimization, change of company form, establishment of the company, and shareholder’s agreement.

Market Cap

EUR 42.7M

Pitch Price

EUR 7.86

Price Target

16.00 (+47%)

Dividend

2.06%

EV/EBITDA

8.10

P/E

19.64

EV/Sales

1.25

Sector

Professional Services

Category

growth

Show full summary:
Aallon Group, a Solid Company in a Defensive Industry.

AALLON.HE: Finnish accounting firm, 97% rev from invoicing. 16% CAGR since 2019. Acquisitions key (5/yr, 5x EBITDA). Own customer portal, asset-light model. 30% insider ownership. 6x EBITDA, 8-9x FCF. 100% upside potential. Risks: Finland economy, liquidity. Bull case: consolidation, organic growth resumption.

Read full article (5 min)