Professional
Added to YB: 2024-06-07
Pitch date: 2024-06-03
BICO.ST [bullish]
BICO Group AB (publ)
-44.91%
current return
Author Info
No bio for this author
Company Info
BICO Group AB (publ) provides hardware, laboratory automation, and software solutions in North America, Europe, Asia, and internationally.
Market Cap
SEK 1.7B
Pitch Price
SEK 44.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
-74.93
P/E
-1.26
EV/Sales
1.16
Sector
Life Sciences Tools and Services
Category
turnaround
Protean Funds Portfolio Holding: BICO Group AB
BICO.ST: Swedish MedTech co made expensive acquisitions using aggressive rev recognition to inflate shares. Strategy failed, price crashed, founders left. But acquired cos have value & new serious mgmt brings hope. After weak Q deepened crash, we doubled down near lows. Risky but high potential return if turnaround succeeds.
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