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Added to YB: 2025-12-11

Pitch date: 2025-10-16

BOAT.ST [bullish]

Nimbus Group AB (Publ)

-28.01%

current return

Author Info

No bio for this author

Company Info

Nimbus Group AB (Publ) designs, manufactures, and markets leisure motorboats in the Nordics, Europe, and the United States.

Market Cap

SEK 462.5M

Pitch Price

SEK 14.10

Price Target

N/A

Dividend

N/A

EV/EBITDA

-88.36

P/E

-3.84

EV/Sales

0.42

Sector

Leisure Products

Category

turnaround

Show full summary:
Nimbus Group AB - $BOAT.ST

BOAT.ST: Swedish boat manufacturer w/ strong brand portfolio (Nimbus, Aquador, EdgeWater) trading at 0.25x normalized sales. 700m SEK inventory > 500m EV, 100m net cash provides downside protection. Targets 10% EBITDA margin on 2000m normalized revenue = 2.5x EV/EBIT. Awaiting leisure boat market recovery.

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