Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
NoHo Partners Oyj, along with its subsidiaries, operates a diverse portfolio within the restaurant industry. Its extensive collection of dining establishments features well-known concepts such as Elite, Savoy, Teatteri, Yes Yes Yes, Stefan's Steakhouse, and Hanko Sushi, among others. As of March 28, 2022, the group managed approximately 250 venues, which include entertainment spots, fast-casual eateries, and international restaurants located across Finland, Denmark, and Norway. Founded in 1996, and headquartered in Tampere, Finland, the company was previously known as Restamax Oyj before adopting its current name, NoHo Partners Oyj, in December 2018.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD
Target Price
The average target price of NOHO.HE is 9.70 and suggests 29.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i