Asetek

5.16DKK -1.9 %

HC Andersen Capital receives payment from Asetek for a DigitalIR/Corporate Visibility agreement. See disclaimer.

4 investors are following this company

Asetek is a global leader within liquid cooling solutions for high-end PC’s and also produces high-end equipment for SimSports. Asetek was listed on the OBX Oslo Stock Exchange in 2013. Asetek’s liquid cooling of high-end PC’s and eSports enthusiasts is its largest segment. Its sealed loop liquid cooler supports the thermal challenges of the computers and can also be implemented at data centers to provide significant energy savings and recapturing of heat against the air cooling industry norm; however, this segment remains relatively smaller. In 2021 Asetek made its first expansion into the SimSports Gaming market with its high-end SimRacing pedals, designed to create an immersive experience for sim racers. Asetek plans to expand further into the SimRacing value chain with ambitions to release wheelbases, steering wheels, shifters, and other end-user customization options.

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Revenue
351.87M
EBIT %
-10.66 %
P/E
-
Dividend yield-%
-
Target price
-
Recommendation
-
Updated
-
NASDAQ Copenhagen
ASTK
Daily low / high price
5.16 / 5.3 DKK
Market cap
507.3M DKK
Turnover
1.59M DKK
Volume
305K

Analyst

Rasmus Køjborg
Rasmus Køjborg
Head of Research, Staples
Philip Coombes
Philip Coombes
Equity Research Analyst

Financial calendar

Major Owners
Source: Millistream Market Data AB

OwnerCapitalVotes
Arbejdmarkedets TIL12.0 %12.0 %
Nordea Bank ABP8.6 %8.6 %
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Publisher
Asetek (One-pager): Gaming hardware developer continuing positive momentum

Today we post our updated One-pager on Asetek, following its Q2 2023 earnings. The company has shown a return to growing sales and positive cash flows after a challenging 2022. Asetek delivered a record result in its liquid cooling segment in Q2 2023 and aims to continue its momentum through H2 2023. Risks still exist in the case; however, they have been significantly lowered following its rights issue in Q2 2022. To catch up on the latest company and market developments, key investment reasons, key investment risks, as well as updates to the Asetek comparative valuation against its peer group, read the one-pager below.

Research22.08.2023 by Philip Coombes, Rasmus Køjborg
Asetek - Major Shareholding Announcement

Regulatory press release08.08.2023
Asetek - Major Shareholding Announcement

Regulatory press release08.08.2023
Asetek - Update to Full-year 2023 Guidance

Regulatory press release02.08.2023
Asetek - Update to Full-year 2023 Guidance

Regulatory press release02.08.2023
Asetek - Mandatory Notification of Trade

Regulatory press release20.06.2023
Asetek - Mandatory Notification of Trade

Regulatory press release20.06.2023
Asetek - Mandatory Notification of Trade

Regulatory press release15.06.2023
Asetek - Mandatory Notification of Trade

Regulatory press release15.06.2023