NoHo Partners: Toward normal
We haven’t made significant changes after the positive Q2 report and we still expect a significant earnings improvement, once the COVID situation finally subsides. The risks related to the balance sheet have decreased significantly after the cash flow turned positive and thanks to the improved liquidity position. This makes the stock’s risk/return ratio better. With the earnings estimations that look past COVID in mind, the stock is not expensive and if the earnings improve at the level we estimate, the return expectation is strong.
NoHo Partners
NoHo Partners är en finsk koncern specialiserad på tjänster inom restaurangbranschen. I gruppen ingår cirka 250 restauranger i Finland, Danmark och Norge. I företagets restaurangkoncept ingår bland annat. Elit, Savoy, Teatteri, Sea Horse, Stefans Steakhouse, Palace, Löyly, Hangö Sushi, Friends & Brgrs, Campingen och Cock's & Cows. Företaget grundades 1996.
Read more on company pageKey Estimate Figures2021-08-10
2020 | 21e | 22e | |
---|---|---|---|
Omsättning | 156,8 | 175,2 | 290,0 |
tillväxt-% | −42,53 % | 11,72 % | 65,57 % |
EBIT (adj.) | −24,0 | −9,7 | 19,0 |
EBIT-% | −15,29 % | −5,55 % | 6,54 % |
EPS (adj.) | −1,43 | −0,62 | 0,58 |
Utdelning | 0,00 | 0,00 | 0,30 |
Direktavkastning | 3,79 % | ||
P/E (just.) | - | - | 13,66 |
EV/EBITDA | 17,07 | 10,01 | 5,74 |