Added to YB: 2026-02-18
Pitch date: 2026-02-13
ITECH.ST [neutral]
I-Tech AB
+55.57%
current return
Author Info
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Company Info
I-Tech AB provides antifouling coating products in Sweden. It offers Selektope, an antifouling solution, which operates by selectively stimulating octopamine receptors in barnacle larvae, triggering a temporary swimming behavior that causes the larva to detach from the treated surface without being harmed.
Market Cap
SEK 799.1M
Pitch Price
SEK 45.70
Price Target
N/A
Dividend
1.88%
EV/EBITDA
14.72
P/E
23.06
EV/Sales
3.92
Sector
Chemicals
Category
N/A
DV Capital | I-Tech AB | Multibagger Potential, One Major Risk
ITECH.ST (pass): Marine antifouling powder w/ 48% rev CAGR since 2018, 30% FCF margin, 30%+ ROIC, trades 7.5x EV/FCF. Down 60% on EU ban proposal of key ingredient despite only 2% EU rev (98% Asia). Risk: Asian customers lose confidence, other regions follow EU precedent=existential threat. Quality biz but regulatory risk too uncertain.
Read full article (5 min)