Author: <span>marketing@linclund.com</span>
Equity Research / R&A Reports

Sleep Cycle

In this equity research report, analysts Olga Karasek and Wilhelm Uong examine Sleep Cycle, a leader in sleep tracking applications, poised to benefit from rising demand for sleep-improvement solutions. Revenue is projected to grow at a 7% CAGR through 2029E. A valuation model weighted 67% DCF and 33% peer valuation suggests a target price of SEK 58.4, indicating a 58.3% upside.

Equity Research / R&A Reports

Nordest

In this equity research report, analysts Gustav Wisenius and Jonathan Höglander highlight Nordrest, a foodservice company benefiting from Europe’s military rearmament, with a projected 12.8% CAGR in revenue through 2027E and an 18.1% NTM FCF yield. A DCF and peer valuation imply a target price of SEK 262, indicating a 143.5% upside.

Equity Research / R&A Reports

Modern Times Group

In this equity research, analysts Henri de Vietri and Albin Pehrson explore Modern Times Group (MTG), a mobile-gaming leader. With a 5.7% revenue CAGR through 2029E, driven by strong IPs and improved ARPDAU, and a forecasted 13.7% FCFF yield by 2026E, MTG offers growth with low risk. A DCF and peer valuation suggest a target price of SEK 138.1, indicating a 50.7% upside.

Equity Research / R&A Reports

Haypp Group

In this equity research, analysts Oscar Isacsson and Jacob Blomberg Persson examine Haypp Group, the global leader in nicotine pouch e-commerce. With a projected 19% CAGR in revenue until 2026E, a DCF and peer valuation imply a target price of SEK 88.5, offering a 46.5% upside.

Equity Research / R&A Reports

Synsam

In this equity research, analysts Tjard Marx and William Samuelsson examine Synsam Group AB, a leading Nordic optical retail chain. Synsam leverages its innovative recurring revenue model, with subscriptions projected to grow at a 17.1% CAGR until 2029E, supported by store expansion and market consolidation. Their DCF and peer valuation suggest a target price of SEK 63.8, implying a 47.0% upside.

Equity Research / R&A Reports

MEKO

In this equity research, analysts Felix Stenström and Konrad Fransson examine MEKO, Northern Europe’s automotive aftermarket leader, benefiting from market consolidation and the EV transition. With a forecasted 7.1% revenue CAGR until 2026E and 240 BPS EBIT margin expansion, their DCF and peer valuation suggest a target price of SEK 183.7, implying a 40.6% upside.