Professional
Added to YB: 2026-01-22
Pitch date: 2026-01-20
GULD.ST [bullish]
Guldbrev Holding AB (publ)
-15.25%
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
Guldbrev Holding AB (publ) engages in the purchase and recycling of gold and jewelry from private individuals in Sweden, Norway, and Finland.
Market Cap
SEK 461.9M
Pitch Price
SEK 23.60
Price Target
35.00 (+75%)
Dividend
N/A
EV/EBITDA
4.84
P/E
12.06
EV/Sales
1.31
Sector
Specialty Retail
Category
growth
Guldbrev Holding: A Leveraged Play on Gold with Cash Returns
GULD.ST: leading digital gold buyer in Sweden (30%+ share) expanding to Norway/Finland/Germany. Base case SEK26 target (20% upside). ~115% growth expected 2025 on 60% gold price rally, normalizing to 10% CAGR. 25% EBITDA margins compressing to 15% on expansion. 10% dividend yield. Bear risk: gold cyclicality, margin pressure from competition in new markets.
Read full article (47 min)