Risk factor
Very poor trading liquidity
Profitability factor
Very favourable analyst view
About
Candles Scandinavia AB (publ) specializes in the production and sale of aromatic candles, crafted from plant-based wax derived from rapeseed oil. The company not only offers its proprietary candle lines but also supplies products to various prominent private labels, including Yankee Candle, WoodWick, Blanche, Olivia & Co, Millefiori Milano, and Leyonore. Established in 2009, this Swedish enterprise operates from its base in Örebro.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/E
Target Price
The average target price of CANDLE-B.ST is 54.0 and suggests 83.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation