Professional
Added to YB: 2024-07-15
Pitch date: 2024-07-05
CRAYN.OL [bullish]
Crayon Group Holding ASA
+11.37%
current return
Author Info
No bio for this author
Company Info
Crayon Group Holding ASA, together with its subsidiaries, operates as an information technology (IT) consultancy company in the Nordics, Europe, the Asia-Pacific, the Middle East and Africa, and the United States.
Market Cap
NOK 12.9B
Pitch Price
NOK 129.30
Price Target
242.00 (+68%)
Dividend
N/A
EV/EBITDA
13.50
P/E
44.77
EV/Sales
1.86
Sector
Software
Category
growth
Crayon Group Holding ASA - $CRAYN.OL
CRAYN.OL: 242 NOK PT. 18% 2024 growth (24% CAGR since 2017). Strong cashflow improvement, NWC -12.1% by 2024-end vs -10% guidance. Margins to recover: consulting restructuring, licensing strong. AI potential w/ Co-Pilot. New contracts in France (200M NOK) & Finland (4B NOK). 61% discount to peers at 12x 2025e EV/EBITDA-capex.
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