Copyright © Inderes 2011 - present. All rights reserved.

Sunborn International

0.35 EUR

+10.00 %

2,636 following

SBI

First North Finland

Consumer Services

Consumer Goods & Services

+10.00 %
+46.67 %
-11.56 %
+127.10 %
-46.67 %
-46.67 %
-66.48 %
-82.75 %
-91.20 %

Sunborn International Plc is a globally operating company specialising in high-quality floating hospitality solutions. Sunborn International is well known for its yacht hotels, which blend the comfort of traditional hotel accommodation with a unique maritime experience. Sunborn International’s business model is built on strong expertise in hospitality development, property management, and the conceptualisation of high-end experiential spaces. The company is actively expanding into new markets, with planned yacht hotel development projects around the world.

Read more
Market cap
200.15M EUR
Turnover
34.75K EUR
P/E (adj.) (25e)
-53.51
EV/EBIT (adj.) (25e)
64.88
P/B (25e)
2.65
EV/S (25e)
10.33
Dividend yield-% (25e)
-
Coverage
Recommendation
Sell
Target price
0.20 EUR
Updated
22.10.2025
Disclaimer
Thomas Westerholm
Thomas Westerholm

Analyst

Latest research

Latest analysis report

Released: 26.03.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Research by
Thomas Westerholm

Rush Factory H2'24: Eyes already on yacht hotels

Rush Factory's H2 was quiet due to the cancellation of several events due to the group's financial challenges, and the company did not start advance sales for the next event season. From an investment case perspective, Rush Factory's own figures are insignificant, as the value of the share relies on the conditional share swap agreement signed with Sunborn International Holding Oy (SBHI).

Sunborn International

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Forum discussions
A share issue would indeed be one way to strengthen the balance sheet. In my opinion, the best methods involve engaging partners in the yacht hotel concept either through joint ventures or direct investments in Sunborn International. However, the company’s longer-term growth targets...
9/12/2025, 12:41 PM
by Thomas Westerholm
5
Here are Thomas’s comments on Sunborn’s Q3 results. Sunborn International’s subsidiary-specific development largely met our expectations, although the condensed business review did not provide visibility into group-level expenses or balance sheet development. Sunborn International...
10/21/2025, 6:31 AM
by Sijoittaja-alokas
3
Below are Thomas’s comments on Gibraltar’s August passenger data. Gibraltar and London Heathrow airports recently released their August traffic data, which for Gibraltar was slightly stronger than our expectations. At this stage, the traffic data does not necessitate changes to our...
9/17/2025, 5:32 AM
by Sijoittaja-alokas
3
Here are Thomas’s comments as the sale of Sunborn’s Gibraltar yacht hotel is delayed. Inderes Sunborn Internationalin Gibraltarin jahtihotellin myynti lykkääntyy - Inderes Sunborn International tiedotti torstaina, että sen Gibraltarin aluksen enemmistöosuuden myyntiin liittyvä yhteisyritys...
9/12/2025, 6:22 AM
by Sijoittaja-alokas
2
Based on the interview, Sunborn has really ambitious plans to scale the business. A lot of funding is needed, perhaps hundreds of millions. It strongly resembles companies in the startup scene. The PoC has been provided; now it’s time to find investors, as this won’t be brought to...
8/29/2025, 3:22 PM
by Tikkaa heittävä Apina
2
Sunborn International’s CEO Hans Niemi spoke about his company at the Sijoittaja 2025 event. Inderes Sunborn International sijoituskohteena | Sijoittaja 2025 - Inderes Aika: 28.11.2025 klo 15.27 Sunborn Internationalin toimitusjohtaja Hans Niemi kertoo yhtiön liiketoiminnasta Sijoittaja...
11/28/2025, 8:14 PM
by Sijoittaja-alokas
1
Thomas interviewed CEO Hans Niemi after Q3. Inderes Sunborn International: Exciting projects in pipeline - Inderes Aika: 21.10.2025 klo 13.51 Sunborn International continued good progress driven by especially strong growth in Gibraltar while in London company struggled with cost ...
10/21/2025, 2:33 PM
by Sijoittaja-alokas
1
Read more on our forum
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.