Professional
Added to YB: 2024-07-22
Pitch date: 2024-07-19
HAYPP.ST [bullish]
Haypp Group AB (publ)
+60.31%
current return
Author Info
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Company Info
Haypp Group AB (publ) operates as an online retailer of tobacco-free nicotine pouches and snus products in Sweden, Norway, the rest of Europe, and the United States.
Market Cap
SEK 4.5B
Pitch Price
SEK 91.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.58
P/E
63.97
EV/Sales
1.23
Sector
Specialty Retail
Category
growth
Rogue Funds New Position: Haypp Group AB
HAYPP.ST: Swedish online nicotine pouch retailer, market leader. Hidden profitability due to US/UK expansion. EBITDA margins -2% to 8% by 2025. 40%+ y/y US growth. Online sales surging as competitors gain on Zyn. Breakup in branding benefits HAYPP as customers seek variety. Operating leverage key. 3rd largest fund position.
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