ME MEKKO Загрузка... : Бычьи и медвежьи мнения аналитиков

Marimekko has averaged ~30% ROE/ROCE and ~22% CAGR in net income/operating income/cash flow over 10 years, with low debt and consistent free cash flow. Even applying a lower 16% future net income CAGR, the author calculates intrinsic value at ~€566M, ~45% above the ~€389M market cap; a 30% margin of safety gives a buy price around ~€396M. Strong existing brand, expanding Asia/online sales, and shareholder-return behavior support a long-term long position in the stock. High cost base, competitive/low-barrier industry, and governance concerns around dividend incentives could invalidate the growth assumption.