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Tagmaster Q4’21: Short term worries overshadow long term potential - Redeye

Redeye believes that the short to medium-term worries around component shortages currently overshadows the long-term potential in Tagmaster. The company has, with its acquisitions, created an exciting tech company with many solutions to environmental issues and smart city solutions. We adjust our short-term sales estimates downwards while the increasing share of software sales increases our gross margin expectations. We lower our motivated value in the Base case scenario to SEK 40 (42) per share.

Redeye believes that the short to medium-term worries around component shortages currently overshadows the long-term potential in Tagmaster. The company has, with its acquisitions, created an exciting tech company with many solutions to environmental issues and smart city solutions. We adjust our short-term sales estimates downwards while the increasing share of software sales increases our gross margin expectations. We lower our motivated value in the Base case scenario to SEK 40 (42) per share.
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