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Currency in HUF
Last close As at 17/03/2023
HUF684.00
▲ −5.00 (−0.73%)
Market capitalisation
HUF207,857m
4iG is a regional ICT/telecoms group, based in Hungary and focused on two core areas: telecoms and infrastructure, built around its acquisition of Antenna Hungária, and investments in the West Balkans; and IT services, where it is the number one IT systems integrator in Hungary.
4iG is building a leading regional information and communication technology group. Its strategy is focused on three pillars: telecoms and infrastructure, IT services and satellites and space. The group is targeting market leadership in Hungary, with M&A driving an increasingly diversified footprint across the Western Balkans.
Director
Akos Horanyi
IR
Csaba Gergely
M&A director
Gellért Jászai
Chairman
Peter Fekete
CEO
Forecast net debt (HUFm)
N/A
Forecast gearing ratio (%)
N/A
| % | 1M | 3M | 12M |
|---|---|---|---|
| Actual | (3.4) | (5.9) | (15.9) |
| Relative | 8.8 | 3.9 | (9.2) |
| 52 week high/low | HUF860.0/HUF668.0 |
4iG’s FY22 results reflect the changing profile of the group as it has transitioned via a series of acquisitions from a business focused on IT services in Hungary to a regional technology-infocommunications provider in Hungary and the West Balkans. The post year-end acquisition of Vodafone Hungary reshapes the business further, which when included results in telecoms making up 87% of revenue and 94% of EBITDA on an FY22 pro forma basis. The group now has all the building blocks in place to take advantage of digitalisation and telecoms convergence trends in its chosen markets.
| Y/E Dec | Revenue (HUFm) | EBITDA (HUFm) | PBT (HUFm) | EPS (fd) (HUF) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2021A | 93653.0 | 12185.0 | 8108.0 | 67.64 | 10.0 | 5.3 |
| 2022A | 277315.0 | 72022.0 | (18426.0) | (75.97) | N/A | 2.6 |
| 2023E | N/A | N/A | N/A | N/A | N/A | N/A |
| 2024E | N/A | N/A | N/A | N/A | N/A | N/A |
