12.08.2021 Cliq Digital AG  DE000A0HHJR3

DGAP-News: Cliq Digital AG: New research coverage by Pareto Securities with a Buy recommendation and €70 target price


 

DGAP-News: Cliq Digital AG / Key word(s): Research Update
Cliq Digital AG: New research coverage by Pareto Securities with a Buy recommendation and €70 target price

12.08.2021 / 11:30
The issuer is solely responsible for the content of this announcement.


  • Median consensus target price increases to €61.50 (previously €57.75)
  • Total coverage by seven reputable brokers

CLIQ Digital AG (CLIQ.DE, ISIN: DE000A0HHJR3, WKN: A0HHJR), a leading digital lifestyle company, which provides streaming entertainment services to consumers worldwide with unlimited access to music, audiobooks, sports, movie and games content, is pleased to announce the expansion of its research coverage from six to seven reputable research companies with Pareto Securities initiating coverage with a Buy rating and a target price of €70.00.

Tim Schuldt, Head of Research Germany, writes in today's published initiation report "We expect the company to continue its strong growth trajectory in the coming years, driven by a strong market growth, geographical expansion, greater sales densities and market share growth. Scale effects, improving payment terms and optimized ad buying should result in a >3x increase in the EPS until FY 2023." Furthermore, "the efficiency of CLIQ Digital's marketing spending, has continuously improved over the last years is in our view a sign that the growth potential for CLIQ could be further improved without having to compromise on profitability."

Pareto Securities is an independent full-service investment bank with a leading position in the Nordic capital markets and a strong international presence and global placing power. Pareto Securities is headquartered in Oslo, Norway, with more than 450 employees located in offices in Norway, Sweden, Denmark, Finland, United Kingdom, Germany, Switzerland, USA, Singapore and Australia.

CLIQ Digital shares are now covered by a total of seven reputable research companies:

Analyst Recommendation Target price /
Fair value (FV)
Target / FV
market cap
Hauck & Aufhäuser BUY €61.50 €400m
Kepler Cheuvreux HOLD €27.00 €176m
Montega BUY €54.00 €351m
Pareto BUY €70.00 €456m
Quirin BUY €73.00 €475m
Warburg BUY €52.00 €338m
Edison n/a €65.01 €423m
MEDIAN €61.50 €400m
 

As at 12 August 2021

Research studies are available at: https://cliqdigital.ag/investors/financials#investors-financials-analysts

Financial calendar 2021:

3Q/9M 2021 Financial Statement & earnings call Tuesday 2 November 2021
 

 

For further information, please contact

CLIQ Digital AG

Investor Relations

Sebastian McCoskrie

+49 151 52043659

[email protected]

www.cliqdigital.ag/investors

Deekeling Arndt Advisors in Communications GmbH (PR advisor)

Daniela Münster

+49 174 3358111

[email protected]

www.deekeling-arndt.com

About CLIQ Digital:

CLIQ Digital (www.cliqdigital.com) is a leading digital lifestyle company, which provides streaming entertainment services to consumers worldwide with unlimited access to music, audiobooks, games, sports and movie content. The company has a long-standing and successful history in expert digital marketing and offering niche products for the mass market at competitive prices. CLIQ Digital operates in over 30 countries and employs staff of 100 from 29 different nationalities as at 31 December 2020. The company is a valuable strategic business partner for networks, content producers as well as for publishers and payment service providers. CLIQ Digital is headquartered in Düsseldorf and has offices in Amsterdam, London, Paris, Barcelona and Tequesta, Florida. The company is listed in the Scale segment of the Frankfurt Stock Exchange (ISIN DE000A0HHJR3) and is a constituent of the MSCI World Micro Cap Index.



12.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Cliq Digital AG
Grünstraße 8
40212 Düsseldorf
Germany
E-mail: [email protected]
Internet: www.cliqdigital.com
ISIN: DE000A0HHJR3
WKN: A0HHJR
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1226018

 
End of News DGAP News Service

1226018  12.08.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 65,30 70,53 58,21 63,14 106,95 149,98 212,00
EBITDA1,2 26,13 26,15 3,86 5,75 15,95 27,19 34,00
EBITDA-Marge3 40,02 37,08 6,63 9,11 14,91 18,13 16,04
EBIT1,4 4,48 5,17 2,98 4,77 15,21 26,28 31,40
EBIT-Marge5 6,86 7,33 5,12 7,56 14,22 17,52 14,81
Jahresüberschuss1 2,75 3,37 2,99 3,89 10,43 18,23 18,90
Netto-Marge6 4,21 4,78 5,14 6,16 9,75 12,16 8,92
Cashflow1,7 25,62 25,23 3,85 3,84 17,64 20,77 22,00
Ergebnis je Aktie8 0,43 0,52 0,34 0,35 1,16 2,71 2,90
Dividende8 0,00 0,00 0,00 0,28 0,46 1,10 1,20
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Mazars

INVESTOR-INFORMATIONEN
©boersengefluester.de
CLIQ Digital
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0HHJR 31,700 Kaufen 206,33
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,21 10,91 1,21 34,99
KBV KCV KUV EV/EBITDA
3,55 9,94 1,38 7,50
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,46 1,10 3,47 14.04.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
03.05.2022 02.08.2022 03.11.2022 01.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
23,66% 29,58% 28,34% 27,31%
    
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