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Asetek: In full flow - SEB

Asetek – a leading technology company specialising in liquid cooling solutions for PC and data centres – ended 2020 on a high note. We think market demand will remain high in 2021, which should continue to drive strong growth in both business units. Our EBIT estimates are increased by 1-2% for 2021-23 but our midpoint DCF value is unchanged at NOK 150.

Asetek – a leading technology company specialising in liquid cooling solutions for PC and data centres – ended 2020 on a high note. We think market demand will remain high in 2021, which should continue to drive strong growth in both business units. Our EBIT estimates are increased by 1-2% for 2021-23 but our midpoint DCF value is unchanged at NOK 150.
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