Company Valuation: Orion Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,119 7,179 5,509 6,005 8,944 11,139 - -
Change - 40.25% -23.26% 8.99% 48.95% 24.55% - -
Enterprise Value (EV) 1 5,010 7,060 5,603 6,126 9,088 11,050 10,806 10,536
Change - 40.91% -20.65% 9.35% 48.35% 21.58% -2.2% -2.5%
P/E 26.5x 20.6x 25.5x 18.2x 17.9x 19.7x 16.9x 14.9x
PBR 6.86x 7.91x 6.19x 5.98x 6.97x 6.93x 5.59x 4.58x
PEG - 0.3x -0.7x 0.3x 0.3x 1.6x 1x 1.2x
Capitalization / Revenue 4.92x 5.36x 4.63x 3.89x 4.73x 5.31x 4.71x 4.36x
EV / Revenue 4.81x 5.27x 4.71x 3.97x 4.81x 5.27x 4.57x 4.12x
EV / EBITDA 17.3x 14.5x 17.2x 12x 13.2x 14.3x 12x 10.5x
EV / EBIT 20.6x 16.1x 20.4x 14.7x 14.4x 15.6x 13x 11.3x
EV / FCF 38.5x 21.7x 105x 29.7x 41.5x 22.4x 21x 16.8x
FCF Yield 2.6% 4.6% 0.95% 3.37% 2.41% 4.46% 4.77% 5.96%
Dividend per Share 2 1.5 1.6 1.62 1.64 1.8 1.945 2.168 2.47
Rate of return 4.11% 3.12% 4.13% 3.83% 2.83% 2.46% 2.74% 3.12%
EPS 2 1.38 2.49 1.54 2.35 3.56 4.012 4.692 5.298
Distribution rate 109% 64.3% 105% 69.8% 50.6% 48.5% 46.2% 46.6%
Net sales 1 1,041 1,341 1,190 1,542 1,890 2,096 2,367 2,557
EBITDA 1 289.1 487.1 326.4 509.4 688.3 770.8 897.2 1,002
EBIT 1 243.3 439.6 274.9 416.6 631.6 707.9 828.1 933.2
Net income 1 193.8 349.5 216.8 329.9 500.3 564.5 660.4 746.2
Net Debt 1 -108.3 -118.7 93.3 121.7 144.4 -89.76 -333 -603.1
Reference price 2 36.52 51.24 39.27 42.78 63.65 79.10 79.10 79.10
Nbr of stocks (in thousands) 140,563 140,202 140,351 140,501 140,693 140,866 - -
Announcement Date 2/10/22 2/9/23 2/13/24 2/25/25 2/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.72x5.27x14.34x2.46% 12.99B
36.57x13.2x26.79x0.54% 1,141B
30.41x - - 1.96% 659B
33.95x7.85x16.34x2.58% 470B
20.47x4.85x12.03x2.72% 366B
22.39x5.8x14.38x2.75% 302B
21x4.33x12.29x2.03% 254B
27.98x7.21x12.8x2.28% 239B
13.62x4.84x10.15x3.77% 207B
-45.1x6.51x25.42x2.23% 183B
Average 18.10x 6.65x 16.06x 2.33% 383.4B
Weighted average by Cap. 25.78x 8.62x 18.93x 1.89%

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