Professional
Added to YB: 2026-01-22
Pitch date: 2026-01-20
GULD.ST [bullish]
Guldbrev Holding AB (publ)
-13.67%
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) purchases and recycles gold and jewelry from private individuals primarily in Sweden, Norway, and Finland.
Market Cap
SEK 417.8M
Pitch Price
SEK 21.83
Price Target
35.00 (+84%)
Dividend
10.15%
EV/EBITDA
3.16
P/E
4.92
EV/Sales
0.74
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)