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[ANALYST] Redeye

Added to YB: 2025-06-24

Pitch date: 2025-06-19

ENRO.ST [bullish]

Eniro Group AB (publ)

-2.16%

current return

Author Info

We perform researched powered investment banking with a belief that Scandinavia will be a hotspot for the major future innovations within tech and lifescience. Visit their website.

Company Info

Eniro Group AB (publ) operates as a software-as-a-service company in Sweden, Norway, Denmark, and Finland.

Market Cap

SEK 337.8M

Pitch Price

SEK 0.46

Price Target

1.66 (+267%)

Dividend

N/A

Sector

Media

Category

special_situation

Show full summary:
Reshaped and recharged – Eniro’s next chapter

ENRO.ST: Redeye reinitiated coverage of Nordic marketing tech firm Eniro at SEK1.26 target (200% upside). Transformed from yellow pages to digital platform with 50K customers, 84% ARR, 15% EBITDA margin, valued at 2.4x 2025e EV/EBITDA. Catalysts: Supreme Court ruling on share dispute, Dynava spinoff, quarterly improvements. Risks: history, CEO turnover, competition.

Read full article (24 min)