Estimate changes and valuation Formpipe’s share is 41% YTD and is trading at 21x EV/EBIT on our unrevised 2023 estimates. At a first glance, we would expect consensus to make relatively large EBIT cuts on ‘22e on the back of higher cost assumptions (c. 25%). For ‘23e, we expect EBIT estimates to come down high-single digit.
Läs mer på ABG Sundal Collier