Added to YB: 2024-07-29
Pitch date: 2024-07-21
NKR.OL [bullish]
Nekkar ASA
+3.51%
current return
Author Info
Company Info
Nekkar ASA operates as an industrial company builder in Europe, Turkey, Asia, Australia, New Zealand, North America, the United Arab Emirates, Africa, the United States, South America, India, Norway, and internationally.
Market Cap
NOK 1.1B
Pitch Price
NOK 11.40
Price Target
18.00 (+53%)
Dividend
N/A
EV/EBITDA
-141.47
P/E
-89.28
EV/Sales
1.84
Sector
Machinery
Category
value
Nekkar ASA - $NKR.OL
Nekkar ASA (NKR.OL): Prized Syncrolift subsidiary (60% market share, 15% CAGR FY16-23, >20% EBIT margins, >40% ROCE) + growing services revenue. Successful buy-and-build strategy (e.g. Globetech at 7.7x EBITDA). Long-term owners (Skeie family 35%, Ramussengruppen 11%). 18 NOK price target (60% upside). Risks: funding, illiquidity, tender wins. Upside from FiiZK turnaround & Skywalker commercialization.
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