Added to YB: 2026-10-05
Pitch date: 2026-10-01
CEDER.ST [bullish]
Cedergrenska AB (publ)
-2.22%
current return
Author Info
No bio for this author
Company Info
Cedergrenska AB (publ) provides education services in Sweden. It operates preschool, elementary, and upper secondary schools, as well as operates gymnasiums and adult education centers.
Market Cap
SEK 569.7M
Pitch Price
SEK 45.10
Price Target
N/A
Dividend
5.56%
EV/EBITDA
4.55
P/E
26.23
EV/Sales
0.40
Sector
Diversified Consumer Services
Category
value
Not So Fast - Cedergrenska AB
CEDER.ST (hold): Cedergrenska trades at 5.1x EV/EBITA and 6.5x P/E, making politically driven downside the central issue. The 2027 law restricting value transfers from acquired schools for up to three years appears manageable given historically modest deal sizes and exemptions for market-rate shared services, though FY2028 margins may face pressure. A weak, compromise-heavy S-led government could dilute more aggressive proposals, while FY2027 growth is expected to remain double-digit.
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