Added to YB: 2024-08-16
Pitch date: 2024-07-30
AALLON.HE [bullish]
Aallon Group Oyj
+18.31%
current return
Author Info
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Company Info
Aallon Group Oyj provides accounting services in Finland. The company offers financial management services, including outsourced financial management, company accounting, association accounting, and foundation accounting; payroll and HR solutions, such as payroll as a service, electronic payroll administration, and HR solutions and system; outsourced CFO, business support, financial statement analysis, performance coach, budget tool, customized CFO and controller services, and customized reports and Bl systems; and legal services, tax advice, and corporate restructuring, and acquisitions services.
Market Cap
EUR 35.0M
Pitch Price
EUR 7.66
Price Target
16.00 (+78%)
Dividend
2.62%
EV/EBITDA
6.92
P/E
15.13
EV/Sales
1.05
Sector
Professional Services
Category
growth
Aallon Group, a Solid Company in a Defensive Industry.
AALLON.HE: Finnish accounting firm, 97% rev from invoicing. 16% CAGR since 2019. Acquisitions key (5/yr, 5x EBITDA). Own customer portal, asset-light model. 30% insider ownership. 6x EBITDA, 8-9x FCF. 100% upside potential. Risks: Finland economy, liquidity. Bull case: consolidation, organic growth resumption.
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