Bildkälla: Stockfoto

Siili: Signs of the market turning - SEB

Ahead of Siili’s Q4 report, we reduce our estimates slightly as we expect the turnaround to take longer than previously expected. At the same time, we remain confident that the digital transformation market is returning to a growth track. Our fair value range remains EUR 15-17 as we justify a fair valuation well above the current level of 2024E EV/EBITDA of 5x.

Ahead of Siili’s Q4 report, we reduce our estimates slightly as we expect the turnaround to take longer than previously expected. At the same time, we remain confident that the digital transformation market is returning to a growth track. Our fair value range remains EUR 15-17 as we justify a fair valuation well above the current level of 2024E EV/EBITDA of 5x.
Börsvärldens nyhetsbrev
ANNONSER