Added to YB: 2025-12-17
Pitch date: 2025-12-14
ITECH.ST [bullish]
I-Tech AB
+30.51%
current return
Author Info
Miroslav Stepanek is investing in small cap companies. Sign up for the newsletter.
Company Info
I-Tech AB provides antifouling coating products in Sweden. It offers Selektope, an antifouling solution, which operates by selectively stimulating octopamine receptors in barnacle larvae, triggering a temporary swimming behavior that causes the larva to detach from the treated surface without being harmed.
Market Cap
SEK 799.1M
Pitch Price
SEK 53.94
Price Target
N/A
Dividend
1.88%
EV/EBITDA
14.72
P/E
23.06
EV/Sales
3.92
Sector
Chemicals
Category
special_situation
I-Tech under pressure
ITECH.ST (added to position): Swedish biotech hit by weak Q2/Q3 after strong Q4/Q1 due to customer inventory buildup. ECHA flagged Selektope as endocrine disruptor risk, dropping shares 15%. Trading 16x P/E, 9.7x EV/EBITDA with strong cash. Expects 20% sales growth, margin expansion as ECHA dispute costs end.
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