Financials Etteplan Oyj

Equities

ETTE

FI0009008650

Business Support Services

Market Closed - Nasdaq Helsinki 12:00:00 2024-06-24 EDT 5-day change 1st Jan Change
12.95 EUR 0.00% Intraday chart for Etteplan Oyj -0.38% -6.16%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 251.8 322.3 421.2 365.6 346.4 327 - -
Enterprise Value (EV) 1 292.2 362.8 469.3 436.6 409.5 382.6 367.3 362
P/E ratio 14.5 x 18.8 x 21.1 x 20 x 20.9 x 15.8 x 13.3 x 11.6 x
Yield 3.45% 2.63% 2.37% 2.47% 2.17% 3.06% 3.76% 4.29%
Capitalization / Revenue 0.96 x 1.24 x 1.4 x 1.04 x 0.96 x 0.85 x 0.81 x 0.76 x
EV / Revenue 1.11 x 1.4 x 1.56 x 1.25 x 1.14 x 0.99 x 0.91 x 0.85 x
EV / EBITDA 7.78 x 8.78 x 10.6 x 8.98 x 9.23 x 7.6 x 6.65 x 6.03 x
EV / FCF 29.9 x 11.9 x 43.9 x 16.5 x 12.2 x 32.7 x 14.7 x 11.8 x
FCF Yield 3.34% 8.4% 2.28% 6.04% 8.18% 3.06% 6.79% 8.47%
Price to Book 3.28 x 3.7 x 4.26 x 3.46 x 3.03 x 2.56 x 2.3 x 2.11 x
Nbr of stocks (in thousands) 24,807 24,884 24,924 25,042 25,100 25,250 - -
Reference price 2 10.15 12.95 16.90 14.60 13.80 12.95 12.95 12.95
Announcement Date 2/11/20 2/11/21 2/10/22 2/17/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 263.3 259.7 300.1 350.2 360 386.7 405.8 427.6
EBITDA 1 37.53 41.32 44.25 48.64 44.38 50.36 55.23 60.05
EBIT 1 22.8 22.38 25.75 28.62 25.54 30.08 34.68 38.2
Operating Margin 8.66% 8.62% 8.58% 8.17% 7.1% 7.78% 8.55% 8.93%
Earnings before Tax (EBT) 1 21.92 21.08 24.87 22.39 20.8 26.49 31.36 35.9
Net income 1 17.4 17.08 20.04 18.15 16.65 20.72 24.65 28.05
Net margin 6.61% 6.58% 6.68% 5.18% 4.62% 5.36% 6.07% 6.56%
EPS 2 0.7000 0.6900 0.8000 0.7300 0.6600 0.8200 0.9767 1.115
Free Cash Flow 1 9.772 30.47 10.68 26.39 33.5 11.7 24.95 30.65
FCF margin 3.71% 11.73% 3.56% 7.54% 9.31% 3.03% 6.15% 7.17%
FCF Conversion (EBITDA) 26.04% 73.75% 24.14% 54.25% 75.5% 23.23% 45.18% 51.04%
FCF Conversion (Net income) 56.16% 178.44% 53.29% 145.39% 201.26% 56.47% 101.22% 109.27%
Dividend per Share 2 0.3500 0.3400 0.4000 0.3600 0.3000 0.3967 0.4867 0.5550
Announcement Date 2/11/20 2/11/21 2/10/22 2/17/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 85.26 89.59 89.25 80.31 91.02 94.95 89.85 79.96 95.19 97.12 98.15 88.7 103.4
EBITDA 1 12.46 12.57 12.13 10.85 13.44 10.96 10.84 9.479 13.1 11.57 12.9 11.75 14.45
EBIT 1 7.834 7.622 6.817 5.766 8.417 6.259 6.114 4.967 8.199 6.695 7.7 6.55 9.25
Operating Margin 9.19% 8.51% 7.64% 7.18% 9.25% 6.59% 6.8% 6.21% 8.61% 6.89% 7.85% 7.38% 8.95%
Earnings before Tax (EBT) 1 7.661 7.277 6.793 -0.472 8.788 5.554 5.207 3.427 6.617 5.609 6.75 5.6 8.3
Net income 1 6.369 5.788 5.613 -0.664 7.415 4.337 3.794 2.593 5.923 3.95 5.35 4.4 6.55
Net margin 7.47% 6.46% 6.29% -0.83% 8.15% 4.57% 4.22% 3.24% 6.22% 4.07% 5.45% 4.96% 6.34%
EPS 2 0.2600 0.2300 0.2200 -0.0300 0.3000 0.1700 0.1500 0.1000 0.2400 0.1600 0.2100 0.1750 0.2600
Dividend per Share 2 0.4000 - - - 0.3600 - - - - - - - -
Announcement Date 2/10/22 5/5/22 8/10/22 10/31/22 2/17/23 5/11/23 8/10/23 10/31/23 2/8/24 5/8/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 40.4 40.6 48.1 71 63.1 55.6 40.3 35
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.076 x 0.9817 x 1.087 x 1.46 x 1.423 x 1.104 x 0.7303 x 0.5828 x
Free Cash Flow 1 9.77 30.5 10.7 26.4 33.5 11.7 25 30.7
ROE (net income / shareholders' equity) 24.1% 20.8% 21.6% 17.7% 15.1% 17.2% 18.3% 17.9%
ROA (Net income/ Total Assets) 9.57% 8.12% 8.51% - - - - -
Assets 1 181.8 210.4 235.4 - - - - -
Book Value Per Share 2 3.090 3.500 3.970 4.220 4.550 5.050 5.630 6.130
Cash Flow per Share 2 1.320 1.540 1.080 1.130 1.420 1.660 1.910 1.850
Capex 1 2.06 1.64 2.16 1.71 2.07 30 23 24.7
Capex / Sales 0.78% 0.63% 0.72% 0.49% 0.57% 7.75% 5.66% 5.78%
Announcement Date 2/11/20 2/11/21 2/10/22 2/17/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
12.95 EUR
Average target price
14.5 EUR
Spread / Average Target
+11.97%
Consensus
  1. Stock Market
  2. Equities
  3. ETTE Stock
  4. Financials Etteplan Oyj