Sitowise: Committed to growth
Sitowise, a specialist in the built environment, operates in the construction value chain in an area with high value added and some recognized competitive advantages. Sitowise's efficient business model, light balance sheet and strong cash flow give the company good preconditions to continue profitable organic and inorganic growth. Considering the company’s performance, we feel the valuation for the next few years is too moderate raising the expected return together with the dividend to an attractive level. In addition, continuous acquisitions offer a clear growth opportunity as an option for investors.
Sitowise Group
Sitowise Group operates in the construction and infrastructure industry. The company specializes in the development of major construction projects. Examples of projects that the company carries out, on its own and in collaboration with other companies in the industry, include road and building construction, as well as pipe and underground constructions. The largest operations are in the Nordic market, where customers are found among corporate customers and public actors.
Read more on company pageKey Estimate Figures03.05.2022
2021 | 22e | 23e | |
---|---|---|---|
Revenue | 179.3 | 193.3 | 203.8 |
growth-% | 12.03 % | 7.81 % | 5.40 % |
EBIT (adj.) | 18.9 | 20.3 | 22.1 |
EBIT-% (adj.) | 10.57 % | 10.52 % | 10.83 % |
EPS (adj.) | 0.29 | 0.41 | 0.44 |
Dividend | 0.10 | 0.14 | 0.16 |
Dividend % | 1.24 % | 4.88 % | 5.57 % |
P/E (adj.) | 27.39 | 7.03 | 6.48 |
EV/EBITDA | 13.33 | 4.92 | 4.40 |