Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Extensive research

An overlooked and undervalued platform company

By Anton DamsténAnalyst
Verve
Download report (PDF)

We initiate our coverage of MGI with a target price of SEK 23 and a BUY recommendation. The majority of MGI’s revenues are derived from commissions for matching advertiser and publishers on their ad software platform. As a platform company MGI’s costs are mainly variable, which should enable the company to scale up while still delivering solid earnings growth. Considering these factors, we assess that the company has good prospects for long-term value creation. At the current valuation, the market expectations for MGI are low and should be beatable with decent growth and a modest upshift in valuation multiples. At the current market valuation, we consider the risk/return ratio to be attractive.

Login required

This content is only available for logged in users

Create account

Verve

16.9SEK12.12.2022 klo 19.00
23SEKTarget price
Buy
Recommendation updated:12.12.2022

Verve (Ticker: VER) is a fast-growing, profitable, digital media company that provides AI-driven ad-software solutions. Verve matches global advertiser demand with publisher ad-supply, enhancing results through first-party data from its own content. Aligned with the mission, “Let’s make media better,” the company focuses on enabling better outcomes for brands, agencies, and publishers with responsible advertising solutions, with an emphasis on emerging media channels. Verve’s main operational presence is in North America and Europe. Its shares are listed on the Nasdaq First North Premier Growth Market in Stockholm and the Scale segment of the Frankfurt Stock Exchange. The company has three secured bonds listed on Nasdaq Stockholm and the Frankfurt Stock Exchange Open Market.

Read more on company page

Key Estimate Figures12.12.2022

202122e23e
Revenue252.2323.0352.0
growth-%79.8 %28.1 %9.0 %
EBIT (adj.)54.967.866.5
EBIT-% (adj.)21.8 %21.0 %18.9 %
EPS (adj.)0.240.190.18
Dividend0.000.000.00
Dividend %
P/E (adj.)18.413.314.5
EV/EBITDA13.28.98.3
Forum discussions
Ei linkki toiminut jostakin syystä, mutta oli ostanut reilu 207000 osaketta.
6/19/2025, 2:00 PM
by enska
3
Kyllä tuossa aika selkeästi sanotaan, että Tukholmasta ja Frankfurtista ostettiin.
6/19/2025, 1:51 PM
4
Vai menikö annin osakkeet muille ja joutui ostamaan pörssistä🫡
6/19/2025, 1:49 PM
by Uuno
0
Pitää kirjautua sisään Nordnettiin, että näkee sisäpiirikauppauutiset, vaikka muut yhtiöuutiset yleensä näkyy kirjautumattakin . Mutta tiedotteista...
6/19/2025, 1:29 PM
by Geologiopiskelija
3
Laita jotain muutakin infoa kun pelkkää uskoa, ei aukea mulla tuo linkki
6/19/2025, 1:28 PM
by Uuno
3
Ainakin toimitusjohtajalla on uskoa Verveen. Edit. Linkki ei toiminut mutta tj oli ostanut reilu 207000 osaketta.
6/19/2025, 11:26 AM
by enska
11
Tämä on ihan totta! Vielä ei voida puhua faktana käännöksen jo tapahtuneen! Tuli huonosti muotoiltua. Itselleni tuo anti ja siihen liittyvä ...
6/18/2025, 8:36 PM
by Marccos
0
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.