Company Valuation: Boreo Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 153.9 98.49 77.13 29.45 37.75 65.32 - -
Change - -36.01% -21.69% -61.81% 28.18% 73.02% - -
Enterprise Value (EV) 1 153.9 129.4 113.1 29.45 66.65 106.8 105.6 110.3
Change - -15.94% -12.57% -73.97% 126.31% 60.26% -1.12% 4.45%
P/E - 32.9x 61.1x -36.5x 19.7x 25.7x 13.7x 11.1x
PBR - 2.41x 1.88x - 0.72x 1.22x 1.11x -
PEG - - -1.1x 0x -0x 0.8x 0.2x 0.5x
Capitalization / Revenue 1.05x 0.61x 0.48x 0.22x 0.25x 0.38x 0.36x 0.34x
EV / Revenue 1.05x 0.81x 0.7x 0.22x 0.43x 0.62x 0.58x 0.57x
EV / EBITDA - 12.3x 9.67x 3.04x 5.33x 8.22x 7.18x 6.85x
EV / EBIT 17.5x 19.9x 11.9x 4.33x 8.33x 12.8x 10.5x 9.98x
EV / FCF -12.7x -14.5x 126x 2.89x 12.1x 17.4x 17x 16.1x
FCF Yield -7.86% -6.88% 0.8% 34.6% 8.25% 5.76% 5.87% 6.21%
Dividend per Share 2 0.42 0.44 0.48 - - - 0.1 0.15
Rate of return 0.71% 1.2% 1.67% - - - 0.41% 0.62%
EPS 2 - 1.12 0.47 -0.3 0.71 0.94 1.77 2.18
Distribution rate - 39.3% 102% - - - 5.65% 6.88%
Net sales 1 146.5 160.4 161.3 134 153.3 171.2 180.6 192.1
EBITDA 1 - 10.5 11.7 9.7 12.5 13 14.7 16.1
EBIT 1 8.8 6.5 9.5 6.8 8 8.35 10.1 11.05
Net income 1 5.2 3 2.8 -0.8 3.9 4.6 6.6 7.4
Net Debt 1 - 30.9 36 - 28.9 41.5 40.3 45
Reference price 2 59.00 36.80 28.70 10.95 14.00 24.20 24.20 24.20
Nbr of stocks (in thousands) 2,609 2,676 2,687 2,690 2,696 2,699 - -
Announcement Date 3/10/22 3/3/23 2/29/24 2/13/25 2/13/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.74x0.62x8.22x-.--% 75.81M
24.36x2.92x15.98x2.13% 236B
15.94x2.04x9.15x3.17% 231B
30.6x3.92x18.13x1.59% 190B
37.78x5.61x23.81x1.01% 165B
39.48x5.28x23.67x1.26% 133B
93.95x11.83x67.16x0.34% 99.77B
42.55x7x28.13x0.1% 98.97B
31.14x5.04x17.55x1.45% 84.89B
32.98x7.13x22.42x0.56% 55.45B
Average 37.45x 5.14x 23.42x 1.16% 129.43B
Weighted average by Cap. 34.61x 4.82x 22.12x 1.6%

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

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