Added to YB: 2025-08-29
Pitch date: 2025-07-06
LINDEX.HE [bullish]
Lindex Group Oyj
+2.24%
current return
Author Info
No bio for this author
Company Info
Lindex Group Oyj engages in the retailing business in Finland and internationally. The company operates through Lindex and Stockmann segments.
Market Cap
EUR 478.2M
Pitch Price
EUR 2.67
Price Target
4.80 (+77%)
Dividend
N/A
EV/EBITDA
6.61
P/E
32.93
EV/Sales
1.15
Sector
Broadline Retail
Category
special_situation
Lindex Group Oyj - $LINDEX.HE
LINDEX.HE: Nordic fashion retailer trading at ~EUR 2.7 vs EUR 4.8 fair value (80% upside). Profitable Lindex div (13-14% margins, 24% digital sales) hidden by loss-making Stockmann dept stores. Restructuring ends Q3, Stockmann divestiture by H2 2025. New EUR 110M distribution center targeting 15% margins, EUR 890M rev by 2030.
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