Added to YB: 2024-05-31
Pitch date: 2024-05-30
WIRTEK.CO [bullish]
Wirtek A/S
-47.93%
current return
Author Info
Javen Turner is a value investor who likes companies that follow big trends and have big margins of safety. Sign up for the newsletter.
Company Info
Wirtek A/S, an IT outsourcing company, provides software solutions and electronic equipment products in Denmark.
Market Cap
N/A
Pitch Price
DKK 9.49
Price Target
29.58 (+499%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
IT Services
Category
growth
Wirtek - Pico Cap, Owner Operated IT Company with 10 Year ROIC of 28%
Wirtek (WIRTEK.CO): Danish IT outsourcing firm benefiting from 8% industry growth in Europe. Expanding in Romania & Portugal for talent & lower costs. 2025 targets imply 200% upside at 4.5x EV/EBITDA. Energy solutions driving growth +82% in Q1 '24. Founder-led, 47% insider ownership, strategic warrants plan. Accretive Portugal deal for clean energy expertise & Brazil access. Risks: competition, macro headwinds. 10Y 28.5% ROIC, 18% EPS CAGR. Waiting for deal terms, could be a buy.
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