Added to YB: 2024-06-10
Pitch date: 2024-06-09
ENDUR.OL [bullish]
Endúr ASA
+63.46%
current return
Author Info
Company Info
Endúr ASA, together with its subsidiaries, operates as a supplier of construction and maintenance projects, services, and solutions for marine infrastructure businesses in Norway and the Norwegian Continental Shelf, Sweden, and internationally.
Market Cap
NOK 1.9B
Pitch Price
NOK 52.00
Price Target
65.00 (-24%)
Dividend
N/A
EV/EBITDA
11.32
P/E
111.45
EV/Sales
1.38
Sector
Machinery
Category
growth
Endúr ASA - Norwegian small-cap: a prominent player in marine infrastructure and aquaculture solutions
ENDUR.OL: Leading Scandinavian marine infra & aquaculture provider poised for growth. Strategic acquisitions expand offerings & footprint. Debt refinanced, reducing expenses. Catalysts: public investments, aquaculture projects, feed barge expansion. 65 NOK PT on 4B NOK 2025 rev @ 11-13% EBITDA margins, 5.5-6.5x multiple. Key risks: project delays, regulatory changes.
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