Catella: Market is turning, easy comps, and a cheap stock - Redeye
Redeye states that while the Q2 report was soft, it had some positive highlights - including the sequential SEK3.3bn FX-adjusted AUM growth, and the clear optimism around the upcoming divestment of Kaktus. With the real-estate market appearing to have bottomed out, and with all tough y/y comparisons behind us, Redeye believes the valuation of an estimated EV/EBIT of 4x for 2025e is attractive. Redeye makes minor changes to its estimates and valuation range.
Länk till analysen i sin helhet: https://www.redeye.se/research/1030118/catella-q2-update?utm_source=finwire&utm_medium=RSS