Added to YB: 2026-03-27
Pitch date: 2026-03-26
SIFG.AS [bullish]
Sif Holding N.V.
+9%
current return
Author Info
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Company Info
Sif Holding N.V., together with its subsidiaries, provides monopile solutions to the offshore clean energy markets in the Netherlands, the United Kingdom, the United States, Norway, Korea, Spain, Poland, Belgium, Germany, and internationally.
Market Cap
EUR 206.2M
Pitch Price
EUR 6.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.28
P/E
-5.25
EV/Sales
0.59
Sector
Electrical Equipment
Category
value
Winds of Change
SIFG.AS: Dominant North Sea offshore wind foundation manufacturer w/ deep-water quay monopoly. Exited manufacturing hell, FY26 guidance implies <2x EV/EBITDA, ~20% FCF yield to EV. 586 Kton order book, operating leverage drives EBITDA from €45M trough to €135M+ floor as volumes scale to 500 Kton capacity. UK AR7 awarded 8.4 GW saturates supply chain, creating scarcity pricing post-2029. Trading at 25% discount to €500M+ replacement cost of Maasvlakte 2 facility. Risks: 2027-28 demand air pocket, operational execution, capital allocation discipline needed for 2029+ super-cycle cash harvest.
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