WindowMaster (One-pager): Growth momentum underlined by a record high order intake
WindowMaster closed last week with a guidance upgrade, leading to a 22% increase in its share price on Friday. We have updated our investment case one-pager based on the new numbers and recent share price development.
Besides looking into the investment case with key investment reasons and risks, we have updated the peer group with valuation multiples compared to other construction/building-related companies. WindowMaster trades at 5.1x EV/EBITDA (2024E) based on the guidance midrange vs. a construction/building-related peer group median of 9.5x EV/EBITDA (2024E) based on Capital IQ data.
HC Andersen Capital receives payment from WindowMaster for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 08:00, 10 June 2024.
WindowMaster International
WindowMaster International är en leverantör av kontrollsystem- och automatiserade lösningar. Genom bolagets teknik möjliggörs automatiserad hantering av innertemperatur via sensorsystem som levereras till kundernas fastigheter. Exempel på produkter inkluderar brandlarm, regnsensorer och värmesystem. Bolagets kunder består av små- och medelstora företagskunder inom varierande sektorer. Störst verksamhet återfinns inom den nordiska marknaden.
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