Professional
Added to YB: 2024-07-15
Pitch date: 2024-07-05
CRAYN.OL [bullish]
Crayon Group Holding ASA
+11.37%
current return
Author Info
No bio for this author
Company Info
Crayon Group Holding ASA, together with its subsidiaries, operates as an IT consultancy company. It operates through Software & Cloud Direct, Software & Cloud Channel, Software & Cloud Economics, and Consulting segments.
Market Cap
NOK 9.7B
Pitch Price
NOK 129.30
Price Target
242.00 (+68%)
Dividend
N/A
EV/EBITDA
9.46
P/E
38.49
EV/Sales
1.42
Sector
Software
Category
growth
Crayon Group Holding ASA - $CRAYN.OL
CRAYN.OL: 242 NOK PT. 18% 2024 growth (24% CAGR since 2017). Strong cashflow improvement, NWC -12.1% by 2024-end vs -10% guidance. Margins to recover: consulting restructuring, licensing strong. AI potential w/ Co-Pilot. New contracts in France (200M NOK) & Finland (4B NOK). 61% discount to peers at 12x 2025e EV/EBITDA-capex.
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