Professional
Added to YB: 2024-09-26
Pitch date: 2024-09-24
BRG.OL [bullish]
Borregaard ASA
+2.76%
current return
Author Info
Sweet Stocks is a former portfolio manager at an international small cap fund who shares pitches for international equities. Sign up for his blog.
Company Info
Borregaard ASA engages in the development, production, and marketing of specialized biomaterials and biochemicals in Norway, rest of Europe, the United States, Asia, and internationally.
Market Cap
NOK 19.2B
Pitch Price
NOK 187.24
Price Target
N/A
Dividend
1.95%
EV/EBITDA
12.37
P/E
23.95
EV/Sales
2.95
Sector
Chemicals
Category
growth
Borregaard – an economic castle protected by an unbreachable moat
BRG.OL: Unique biorefinery with 60-70% global lignin market share, 8% profit CAGR 2011-2023. Specialization strategy driving margins up. 20x 2025E P/E attractive for economic moat. Forecasting 8% CAGR 2023-2027. Risks: high margins, NOK weakness benefited.
Read full article (14 min)