@TaxesAreTheft I've had it on my watch for a long time because you can increase profits and sales by double digits every year. And the EbiT margin is almost 50%. The KUV is of course very high. I find Sweden very interesting anyway. I've been following it for some time now $HMS
@Tenbagger2024 I love the Swedes, great companies with a great dividend policy. I only use WER (weighted efficiency ratio) in some cases, I don't even know if this actually exists as a valuation method, I actually made it up myself. It's practically like PEG ratio only adjusted with ROE ROCE ROIC
@TaxesAreTheft Sounds interesting. I don't think you should look too closely at the valuation of such growth stocks anyway. You're only just growing into the valuation. Fundamentally, I really like Fortnox. What do you think of $HMS? I really like the business model. When a machine is down, it costs the company a lot of money. That's why remote maintenance, analysis and perhaps repair will be a great help. I think the solutions could also play a role in making machines more and more AI-capable
@Tenbagger2024 I really like HMS, but unfortunately I'm already very well positioned with Addtech and Lifco in terms of specialized machinery. $INDT is also very interesting. I found a real gem that I am currently analyzing $4498 Japanese cyber security small cap with really great growth and recurring revenue.
@Tenbagger2024 I got everything from their quarterly reports. it's always difficult with the Japanese. And they are a small cap on the Japanese stock exchange that went public in 2021, so I don't think you can make it any harder for us.
