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Added to YB: 2024-02-29

Pitch date: 2024-02-28

SAGCV.HE [bullish]

Saga Furs Oyj

-35.78%

current return

Author Info

Company Info

Saga Furs Oyj operates an auction house furs in Finland. The company offers finnraccoon, fox, and mink furs on a global scale.

Market Cap

EUR 26.0M

Pitch Price

EUR 9.97

Price Target

N/A

Dividend

9.66%

EV/EBITDA

0.13

P/E

-195.42

EV/Sales

0.01

Sector

Commercial Services and Supplies

Category

value

Show full summary:
Update on Saga Furs After 2023 Earnings

SAGCV.HE: €1.39 EPS, 8 P/E, €0.66 div. 15.5M record pelts. Rival Kopenhagen liquidating, Saga could monopolize. 15% EBIT margin target by 2025-26 via new ERP & multichannel auctions. €9M EBIT in 2025 on higher prices & demand. 0.78x NCAV, 5.8% yield. Bullish.

Read full article (4 min)