Added to YB: 2026-10-02
Pitch date: 2026-09-28
GREEN.ST [bullish]
Green Landscaping Group AB (publ)
-0.62%
current return
Author Info
Trade Ideas Flow is an Ex-Equity PM & Quant (10y+ buy-side) curating the Open-Web Hedge Fund. Reading 100s of pitches weekly to find the signal. Sign up for the newsletter.
Company Info
Green Landscaping Group AB (publ), together with its subsidiaries, engages in the green space management business in Sweden, Norway, Germany, and Europe.
Market Cap
SEK 921.4M
Pitch Price
SEK 16.20
Price Target
41.59 (+158%)
Dividend
N/A
EV/EBITDA
4.09
P/E
6.89
EV/Sales
0.47
Sector
Commercial Services and Supplies
Category
turnaround
A barnacle fix Asia keeps buying - Green Landscaping Group AB
GREEN.ST: Green Landscaping’s contracted public-sector revenue, route density and tender barriers support a base-case value of SEK 41.59 versus SEK 16.14, assuming margins recover to ~6.5%. However, SEK 79M of Q3 one-offs, 3.4x pro-forma leverage and weak operations challenge that recovery; the bear case is SEK 6.40 at ~5% margins, with refinancing risk creating a zero scenario. The 23 October Q3 report is the key test.
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