CombinedX (Q1 Review): Record EBITA as greater ERP focus pays off - Redeye

Redeye reinforces its positive view of CombinedX, following a solid Q1 report. While the overall IT Consulting space has seen a reduction in valuation multiples (due to slow growth and fears of AI disruption), 3.8x and 2.2x EBITA are still arguably very low for what we consider a high-quality IT Consulting business. It is also a substantial ~60% discount relative to the peer median. Thus, we believe the risk/reward in CombinedX is appealing.

Länk till analysen i sin helhet: https://www.redeye.se/research/1162031/combinedx-q1-review-record-ebita-as-greater-erp-focus-pays-off?utm_source=finwire&utm_medium=RSS