Prenumeration
Zaptec ASA (”Zaptec” or ”the Company”) is a leading provider of electric vehicle (“EV”) chargers in the Nordics, targeting both the commercial and residential market. The underlying market is expected to grow at a CAGR of 20.4% until 2030 driven by stringent regulations in Europe, shifting customer preferences, technological advancements, and further product launches. Zaptec is anticipated to capitalize on this market by leveraging the leading, and patented, technology by an initiated European expansion. Zaptec is estimated to grow revenue to NOK 2,422.2m in 2025, corresponding to a CAGR of 30.3% from 2023. In conjunction with the European expansion, EBITDA is estimated to reach NOK 221.3m in 2025 with an EBITDA margin of 9.1%. Analyst Group applies a 7.0x EV/EBITDA 2025 multiple, based on a Peer valuation complemented by a DCF valuation, justifying a potential share price of NOK 16.8 in a Base scenario.
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This is a press release from Analyst Group regarding the publication of an independent equity research report on Zaptec. Zaptec has had no opportunity to influence the parts where the Analyst Group has had opinions about the Company, future valuation or anything else that could conceivably constitute a subjective assessment.