Added to YB: 2026-06-29
Pitch date: 2026-06-25
CEDER.ST [bullish]
Cedergrenska AB (publ)
Author Info
No bio for this author
Company Info
Cedergrenska AB (publ) provides education services in Sweden. It operates preschool, elementary, and upper secondary schools, as well as operates gymnasiums and adult education centers.
Market Cap
SEK 588.7M
Pitch Price
N/A
Price Target
90.00
Dividend
9.46%
EV/EBITDA
8.92
P/E
18.02
EV/Sales
0.43
Sector
Diversified Consumer Services
Category
value
New long: Cedergrenska $CEDER.ST
CEDER.ST (new position): Swedish school roll-up buying independent schools at 3-4x EBITA from retiring family owners. ~30% ROCE (2x Academedia), heavy insider ownership. Trades 4x EV/EBITA (vs 3-8x hist) on political/red-green election risk pricing in worst case. Regulation favors scale, accelerates consolidation. Base: ~2x in 3yrs; bear case limited downside (4x held). Pabrai heads-I-win setup.
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