Professional
Added to YB: 2024-01-30
Pitch date: 2024-01-30
VIT-B.ST [bullish]
Vitec Software Group AB (publ)
-46.91%
current return
Author Info
Deep Sail Capital's strategy puts more emphasis on business models and growth potential than solely on valuations. They seek to understand in depth the industry dynamics of the companies we are invested in. The fund has three core investment focuses: quality, microcaps, and special situations. Follow on Twitter/X.
Company Info
Vitec Software Group AB (publ) develops and delivers vertical market software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.
Market Cap
SEK 13.6B
Pitch Price
SEK 569.59
Price Target
N/A
Dividend
1.06%
EV/EBITDA
13.05
P/E
34.04
EV/Sales
4.48
Sector
Software
Category
growth
Deep Sail Capital holding: Vitec Software Group (VIT-B.ST)
VIT-B.ST: Nordic vertical software roll-up akin to CSU but with higher margins & organic growth. New CEO ex-CFO scaling up M&A, 6 deals in 2023 avg $10M sales each. Quality biz model, aligned mgmt, 30% IRR potential next 3-5yrs. Fairly valued now but a long-term compounder.
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