Added to YB: 2026-10-14
Pitch date: 2026-10-11
LIFCO-B.ST [bearish]
Lifco AB (publ)
-3.21%
current return
Author Info
Analysis of stocks and secrets of European serial acquirers. Sign up for the newsletter.
Company Info
Lifco AB (publ) engages in the dental, demolition and tools, and systems solutions businesses in Sweden, Norway, Finland, Germany, rest of Europe, the United Kingdom, Asia, Australia, Italy, North America, and internationally.
Market Cap
SEK 143.4B
Pitch Price
SEK 318.00
Price Target
N/A
Dividend
0.86%
EV/EBITDA
20.70
P/E
37.22
EV/Sales
5.26
Sector
Industrial Conglomerates
Category
N/A
Lifco - A serial acquirer model
LIFCO-B.ST (pass): Lifco is a benchmark serial acquirer, with decentralized niche businesses, disciplined small deals, 20% ROCE and net debt of 1.2x EBITDA. However, its SEK145B market cap limits acquisition-led growth, while first-half 2026 organic growth was only 2.9%. At 32x forward P/E, 39x cash flow and 19x EV/EBITDA, returns require sustained EPS growth of at least 15%, leaving downside-skewed risk.
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