Added to YB: 2025-12-12
Pitch date: 2025-12-10
LAT1V.HE [neutral]
Lassila & Tikanoja Oyj
+2%
current return
Author Info
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Company Info
Lassila & Tikanoja Oyj, a service company, provides environmental management, and property and plant support services in Finland, Sweden, and internationally.
Market Cap
EUR 383.6M
Pitch Price
EUR 10.02
Price Target
N/A
Dividend
4.98%
EV/EBITDA
5.70
P/E
140.28
EV/Sales
0.72
Sector
Commercial Services and Supplies
Category
special_situation
Lassila & Tikanoja Demerger: From trash to cash?
LAT1V.HE (watchlist): Finnish waste mgmt demerging Dec 2025 into Luotea (facility services) & L&T (circular economy). L&T attractive: #1-2 in specialized waste w/ infra-like assets, 68% long-term contracts, 6yr avg duration. Trading at discount vs 6x EBITDA peers; LBO model shows 19% IRR to 2031. Risk: municipalization caps pricing power in standard waste segment.
Read full article (8 min)