q.beyond (Q4 review): Full-year EBITDA target met, aims for further improvements in 2026 - Redeye

Redeye retains its positive view and Base Case in q.beyond following the Strategy 2028 and full 2025 numbers release. With net liquidity of ~EUR42m and no debt, the EV stands at ~EUR45m. This implies an undemanding EV/EBITA of 5.1x and EV/Sales of 0.2x for 2026e. The investment case rests on the significant margin catch-up potential relative to peers (10–13% EBITDA margins) and the floor provided by the strong balance sheet and data centre assets.

Länk till analysen i sin helhet: https://www.redeye.se/research/1158822/q-beyond-q4-review-full-year-ebitda-target-met-aims-for-further-improvements-in-2026?utm_source=finwire&utm_medium=RSS