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Added to YB: 2024-09-23

Pitch date: 2024-09-11

NKR.OL [bullish]

Nekkar ASA

-1.93%

current return

Author Info

No bio for this author

Company Info

Nekkar ASA provides technologies, software, and automation solutions to offshore energy, renewables, and aquaculture industries.

Market Cap

NOK 1.1B

Pitch Price

NOK 10.35

Price Target

N/A

Dividend

N/A

Sector

Machinery

Category

value

Show full summary:
Azagala Capital Portfolio Holding: Nekkar ASA

NKR.OL: Nekkar grown 17% CAGR since 2019, 3x profit. 7x P/E ex-cash (21% mkt cap). 15% yield + buybacks. Globetech acq adds NOK70-80M rev, 20%+ margins. Fiizk stake 1-2x ROI. Strong M&A track record. New divisions (Intellilift, Techano, Fiizk) diversify from Syncrolift. NOK4B tender pipeline. Undervalued due to low coverage.

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