The Scandinavian downhill skiing phenomenon

The Scandinavian downhill skiing phenomenon

In this financial analysis report, analysts Albin Johansson and Simon Sandström make a thorough analysis of Skistar, the market leading actor for downhill skiing in Scandinavia. The analysis concluded in a projected sales CAGR of 14.5% between 2020-2022E. Furthermore, a comparable peer analysis resulted in an implied upside of 23.6%.​

Investment highlights:

  • The establishment of an airport and a 7.7% housing capacity increase to meet rising demand.​
  • Sales estimates boosted through Skistar´s pricing power and ability to consistently raise prices. ​
  • Superior profitability and a 29.9% net income CAGR between 2020-2022E.