In this pitch deck, analysts William Samuelsson and Filippa Lostedt present a comprehensive analysis of Coor Service Management, the Nordic leader in Integrated Facility Management (IFM). The analysis highlights Coors strong local market positioning, structural margin recovery, and strategic consolidation opportunities in a fragmented FM landscape. Using a range of valuation methodologies, including DCF and LBO models, the analysts arrive at an enterprise value range of SEK 4,400 – 12,900 million. The following section outlines key assumptions underlying these valuation approaches and summarizes the insights that support the investment rationale.
Key Takeaways
● Through a refined integration strategy and a focus on niche acquisitions, Coor is well positioned to unlock synergies and enhance service standardisation, making the company an attractive platform for financial sponsors aiming to consolidate the Nordic FM market
● Coor’s efficiency programme, launched in 2023 with SEK 120m in targeted annual overhead reductions, is expected to drive margin expansion and improve operational performance across business units.
● The outsourced Integrated Facility Management (IFM) market in the Nordics is projected to grow steadily, with Coor gaining market share from competitors, supporting long term revenue growth and reinforcing the investment case.