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 11,495 - -
Change - 40.25% -23.26% 8.99% 48.95% 28.52% - -
Enterprise Value (EV) 1 5,010 7,060 5,603 6,126 9,088 11,405 11,162 10,892
Change - 40.91% -20.65% 9.35% 48.35% 25.49% -2.13% -2.42%
P/E 26.5x 20.6x 25.5x 18.2x 17.9x 20.3x 17.4x 15.4x
PBR 6.86x 7.91x 6.19x 5.98x 6.97x 7.15x 5.77x 4.72x
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 5.48x 4.86x 4.5x
EV / Revenue 4.81x 5.27x 4.71x 3.97x 4.81x 5.44x 4.72x 4.26x
EV / EBITDA 17.3x 14.5x 17.2x 12x 13.2x 14.8x 12.4x 10.9x
EV / EBIT 20.6x 16.1x 20.4x 14.7x 14.4x 16.1x 13.5x 11.7x
EV / FCF 38.5x 21.7x 105x 29.7x 41.5x 23.1x 21.6x 17.3x
FCF Yield 2.6% 4.6% 0.95% 3.37% 2.41% 4.32% 4.62% 5.77%
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% 2.38% 2.66% 3.03%
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 81.60 81.60 81.60
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.15x12.3x24.81x0.59% 1,043B
28.65x6.33x17.69x2.09% 621B
32.22x7.27x14.86x2.81% 435B
20.32x4.82x11.94x2.74% 361B
21.88x5.66x14.13x2.83% 293B
20.89x4.29x12.19x2.05% 251B
25.57x6.75x12.03x2.47% 220B
12.99x4.77x10.28x3.82% 201B
-41.73x5.88x33.15x2.46% 164B
Average 17.22x 6.45x 16.79x 2.43% 398.79B
Weighted average by Cap. 24.48x 7.75x 18.10x 2%

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