Added to YB: 2025-05-15
Pitch date: 2025-05-13
KAMUX.HE [neutral]
Kamux Oyj
+3.69%
current return
Author Info
Valuing Dutchman is a value investor specializing in European family owned businesses and worldwide Deep Value. Full time investor since 2010, Investment writer since 2011 and co-founder Chess Capital fund. Sign up for the newsletter.
Company Info
Kamux Oyj, together with its subsidiaries, engages in the wholesale and retail of used cars in Finland, Sweden, and Germany.
Market Cap
EUR 93.7M
Pitch Price
EUR 1.99
Price Target
8.00 (+287%)
Dividend
N/A
EV/EBITDA
8.42
P/E
-156.29
EV/Sales
N/A
Sector
Specialty Retail
Category
turnaround
Kamux: Poorly Purchased
KAMUX.HE (update): Q1 Rev -3.4% to €232.6M, cars sold -8.9%, gross margin 7.8% (vs 10.1% LY). Op loss €2.6M, net loss €4.1M. Poor Sweden performance (-39.6% rev), inventory issues with EVs. Maintaining FY outlook despite underperforming market. Fair value lowered to €8, buy limit removed pending turnaround.
Read full article (3 min)