Company Valuation: Incap Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 459.2 500.8 228.1 301.4 289.2 263 - -
Change - 9.06% -54.44% 32.13% -4.07% -9.05% - -
Enterprise Value (EV) 1 461.2 514.7 219.9 260.5 236.3 254.3 242.8 210.3
Change - 11.6% -57.26% 18.45% -9.3% 7.62% -4.54% -13.37%
P/E 21.8x 18.2x 11.4x 13.3x 20.9x 16.1x 12.1x 10.8x
PBR 7.3x 5.72x 2.13x 2.27x 2.13x 1.77x 1.56x 1.32x
PEG - 0.6x -0.4x 1x -0.5x 0.8x 0.4x 0.9x
Capitalization / Revenue 2.7x 1.9x 1.03x 1.31x 1.35x 0.94x 0.82x 0.77x
EV / Revenue 2.72x 1.95x 0.99x 1.13x 1.1x 0.91x 0.76x 0.62x
EV / EBITDA 15.8x 12x 6.24x 7.29x 7.38x 7.38x 5.88x 4.74x
EV / EBIT 17.2x 12.9x 7.19x 8.65x 9.07x 9.91x 7.61x 6x
EV / FCF 89.6x -82x 5.82x 7.89x 12.9x -16.9x 14.4x 9.33x
FCF Yield 1.12% -1.22% 17.2% 12.7% 7.73% -5.93% 6.92% 10.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.72 0.94 0.68 0.77 0.47 0.56 0.745 0.835
Distribution rate - - - - - - - -
Net sales 1 169.8 263.8 221.6 230.1 214.6 280.1 319.8 340.8
EBITDA 1 29.26 42.77 35.22 35.74 32.03 34.45 41.25 44.35
EBIT 1 26.8 40 30.6 30.11 26.05 25.65 31.9 35.05
Net income 1 21.1 27.6 19.82 22.73 13.97 16.55 21.5 23.85
Net Debt 1 2 13.88 -8.2 -40.92 -52.88 -8.7 -20.25 -52.7
Reference price 2 15.700 17.100 7.750 10.240 9.820 8.990 8.990 8.990
Nbr of stocks (in thousands) 29,247 29,285 29,437 29,437 29,448 29,255 - -
Announcement Date 2/24/22 2/22/23 2/22/24 2/28/25 2/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.05x0.91x7.38x - 293M
25.38x3x16.34x2.03% 235B
13.6x1.67x7.51x3.76% 196B
27.61x3.6x16.47x1.76% 166B
36.52x5.38x22.59x1.08% 159B
43.7x5.84x26.15x1.14% 144B
31.12x4.48x21.94x0.87% 104B
93.4x11.57x66.11x0.34% 96.23B
31.85x3.96x21.26x1.07% 92.34B
37.44x6.06x24.32x0.11% 85.79B
Average 35.67x 4.64x 23.01x 1.35% 127.8B
Weighted average by Cap. 34.17x 4.53x 21.97x 1.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Incap Oyj

Historical PBR trend

Valuation ratios - PBR - Incap Oyj

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Incap Oyj

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Incap Oyj