Added to YB: 2024-10-14
Pitch date: 2024-10-11
NCAB.ST [bullish]
NCAB Group AB (publ)
-14.49%
current return
Author Info
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Company Info
NCAB Group AB (publ) manufactures and sells printed circuit boards (PCBs) in Sweden, Nordic region, rest of Europe, North America, and Asia.
Market Cap
SEK 11.4B
Pitch Price
SEK 60.75
Price Target
90.50 (+74%)
Dividend
1.81%
EV/EBITDA
20.62
P/E
33.56
EV/Sales
3.18
Sector
Electronic Equipment, Instruments and Components
Category
growth
The future - It's electrifying! - NCAB Group
NCAB.ST: Leading global HMLV PCB supplier. 24% 10yr NOPAT CAGR, 27.8% ROIC. Asset-light model, strong M&A. 13.5% growth priced in. Risks: China reliance, Europe exposure. Bull case: Electrification trend, network effects. PT: 90.5 SEK. 4.6% FCF yield. Initiated 4% position despite headwinds.
Read full article (10 min)