Company Valuation: Aspo Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 355.1 257.1 187.8 152.4 204.2 192.4 - -
Change - -27.59% -26.97% -18.86% 33.98% -5.75% - -
Enterprise Value (EV) 1 522.5 412.8 353 340.4 417 353.8 358.3 345.1
Change - -20.99% -14.49% -3.57% 22.5% -15.15% 1.27% -3.67%
P/E 14.9x 13.4x 135x 34.6x 9.06x 7.64x 9.75x 8.15x
PBR 2.74x 1.79x 1.34x 0.95x 1.42x 1.22x 1.14x 1.05x
PEG - -0.7x -1.5x 0x 0x 0.7x -0.5x 0.4x
Capitalization / Revenue 0.61x 0.4x 0.35x 0.26x 0.44x 0.4x 0.39x 0.38x
EV / Revenue 0.89x 0.64x 0.66x 0.57x 0.89x 0.74x 0.73x 0.67x
EV / EBITDA 6.79x 4.49x 5.88x 5.01x 6.69x 5.93x 5.31x 4.82x
EV / EBIT 12.3x 7.47x 13.3x 11.7x 12.7x 10.6x 9.92x 8.54x
EV / FCF 19x 12x 12.9x -9.43x 28.6x 11.9x 42.5x 12.5x
FCF Yield 5.26% 8.33% 7.73% -10.6% 3.5% 8.4% 2.35% 8.01%
Dividend per Share 2 0.23 0.46 0.47 0.19 0.25 0.2767 0.3167 0.3567
Rate of return 2.02% 5.61% 7.86% 3.92% 3.83% 4.51% 5.16% 5.81%
EPS 2 0.76 0.61 0.0444 0.14 0.72 0.8033 0.63 0.7533
Distribution rate 30.3% 75.4% 1,059% 136% 34.7% 34.4% 50.3% 47.3%
Net sales 1 586.4 643.4 536.4 592.6 469.1 477.9 491.4 512.5
EBITDA 1 76.9 91.9 60 68 62.3 59.63 67.43 71.63
EBIT 1 42.4 55.3 26.5 29.1 32.8 33.3 36.13 40.4
Net income 1 25.3 20.7 1.6 7.3 23.5 25.13 19.87 23.8
Net Debt 1 167.4 155.7 165.2 188 212.8 161.4 165.8 152.7
Reference price 2 11.360 8.200 5.980 4.850 6.520 6.140 6.140 6.140
Nbr of stocks (in thousands) 31,258 31,358 31,404 31,418 31,312 31,339 - -
Announcement Date 2/16/22 2/15/23 2/16/24 2/17/25 2/16/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.16x1.16x4.13x10.49% 13.12B
9.02x1.47x5.01x8.12% 5.95B
46.67x17.6x25.32x1.96% 5.2B
12.92x - - - 3.97B
7.97x2.53x6.71x12.46% 3.02B
7.35x3.3x5.41x13.09% 2.96B
7.4x0.81x2.48x2.89% 2.87B
4.69x2.15x3.09x - 2.35B
4.04x2.55x4.03x0.32% 2.19B
Average 11.91x 3.95x 7.02x 7.05% 4.63B
Weighted average by Cap. 12.69x 3.87x 7.30x 7.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield