Added to YB: 2025-11-20
Pitch date: 2025-11-18
PEXIP.OL [neutral]
Pexip Holding ASA
+48.18%
current return
Author Info
Fjord Alpha shares deep dives on Northern European mid-caps targeting 20%+ CAGR. Private investor with Nordic roots. 25 years in-market. Independent and long-term, looking for non-consensus ideas the market is not pricing. Sign up for the newsletter.
Company Info
Pexip Holding ASA, a video technology company, offers end-to-end video conferencing platform and digital infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
NOK 847.4M
Pitch Price
NOK 51.96
Price Target
N/A
Dividend
5.24%
EV/EBITDA
14.96
P/E
30.31
EV/Sales
5.83
Sector
Software
Category
growth
Pexip: From video bridge to fortress
PEXIP.OL (fairly valued): 'Two-speed' business model with 30% growing 'Fortress' (secure gov/defense) segment at 44% of $122M ARR vs 0% growth 'Utility' segment. Strong moat in sovereign cloud/data sovereignty niche. Profitable with 19.5% EBITDA margin, NOK 526M net cash, buybacks + dividends. Fair valued at 12% blended growth rate.
Read full article (12 min)