Exel: Growth opportunities through a global production network
Exel has been quite successful in its operational activities over the present year, but with a significantly weakened macro picture and short visibility of the business, there is still considerable uncertainty about the company's near-term performance. However, in our view, Exel's position as a truly global player in the pultrusion market provides the company with good prospects for longer-term growth, which supports a positive recommendation.
Exel Composites
Exel Composites is a manufacturing company. The company manufactures and markets compound composites that are used in demanding industrial environments. In addition to the main business, lamination and extrusion are also performed. The largest presence is in Europe and Asia with customers in the manufacturing and aerospace industries. Exel Composites was founded in 1960 and is headquartered in Vantaa.
Read more on company pageKey Estimate Figures27.09.2022
2021 | 22e | 23e | |
---|---|---|---|
Omsætning | 134,4 | 145,1 | 140,9 |
vækst-% | 23,75 % | 7,96 % | -2,89 % |
EBIT (adj.) | 6,0 | 10,5 | 9,9 |
EBIT-% (adj.) | 4,49 % | 7,23 % | 6,99 % |
EPS (adj.) | 0,29 | 0,74 | 0,51 |
Udbytte | 0,20 | 0,22 | 0,24 |
Udbytte % | 10,41 % | 63,77 % | 69,57 % |
P/E (adj.) | 6,53 | 0,46 | 0,68 |
EV/EBITDA | 5,05 | 1,80 | 2,07 |