Elekta: Dagens Industri issues sell recommendation after profit warning – Dagens Industri

Elekta: Dagens Industri issues sell recommendation after the profit warning

                  2015-05-13 11:25
             

 (SIX) Today Industry estimates that it will take time before  Elekta will find back to good old-growth mode, which means  that the shares have more to give to the downside. The newspaper issues a  sell recommendation for the share.       It writes Di.se on its website.       DI believes that it is possible to argue that the EV / EBIT multiples on  over 20 are well spaced out for companies grappling with falling earnings  and zero growth adjusted for currency effects.       For the last twelve months are valued a theoretical debt free Elekta  to 20.6 times operating profit (EV / EBIT) adjusted for non-recurring items  SEK 100 million.       Corresponding multiple of Varian reported twelve months is 16.5.  Manipulates man with the multiple Elekta, the Swedish  radiation therapy company's stock, according to business magazine down and feel  rigid 60.       After today's profit warning traded shares at 58.50 crowns  writing, note SIX News.       Magnus Bernet +46 8586163 85  mailto: magnus.bernet@six-group.se  www.blogg.six.seSIXNews  SIX News