CapMan: A small write-down expected from Russia
We have revised our 2022 forecasts clearly downward due to the Russia-related write-down and the weakened capital market. Estimates for the coming years have remained unchanged and we still expect strong performance from the company. Forward-looking valuation is still not particularly challenging and a strong dividend yield supports the share’s total expected return. The risk associated with result estimates has increased with the weakening of the capital market, but we still see a sufficiently attractive risk/return ratio for the share.
Login required
This content is only available for logged in users