Catella is a real estate focused investment bank and alternative asset manager operating in the Nordics and Western Europe. I wrote about the stock some two years ago, asking whether the low valuation multiples at the time really signaled cheapness. The answer was "qualified" yes but with the 2017 full year figures out and the stock … Continue reading Catella FY 2017 update: More robust than ever?
Month: February 2018
Groupe Cofidur: Simple Value or Corporate Governance Time Bomb?
Groupe Cofidur is a French electronics contract manufacturer that has low valuation multiples, strong balance sheet and good profitability. At first sight the case seems pretty simple: Valuation multiples: Financials As seen from the table, the company is profitable, has high ROIC and there is no clear trend down on revenues or profits: The business … Continue reading Groupe Cofidur: Simple Value or Corporate Governance Time Bomb?
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