Aspo
4.99
EUR
+2.25 %
Corporate customer
ASPO
NASDAQ Helsinki
Conglomerates
Industrials
5,314 following
Income statement
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 502.4 | 540.9 | 587.7 | 500.7 | 573.3 | 643.4 | 536.4 | 608.2 | 651.3 | 682.9 | 686.1 |
growth-% | 7.7 % | 8.7 % | -14.8 % | 14.5 % | 12.2 % | -16.6 % | 13.4 % | 7.1 % | 4.9 % | 0.5 % | |
EBITDA | 36.7 | 38.7 | 49.7 | 49.4 | 68.4 | 67.5 | 58.8 | 59.3 | 70.0 | 82.6 | 85.8 |
EBIT (adj.) | 23.1 | 26.3 | 21.1 | 19.3 | 42.4 | 55.3 | 25.7 | 28.3 | 35.7 | 43.0 | 44.8 |
EBIT | 23.1 | 20.6 | 21.1 | 19.3 | 33.9 | 31.1 | 25.9 | 20.3 | 35.7 | 43.0 | 44.8 |
Profit before taxes | 21.1 | 16.4 | 18.2 | 14.8 | 30.0 | 24.8 | 2.0 | 10.2 | 26.2 | 32.2 | 33.3 |
Net income | 17.5 | 12.5 | 16.2 | 13.4 | 25.3 | 20.7 | 1.6 | 5.8 | 20.2 | 24.6 | 25.5 |
EPS (adj.) | 0.56 | 0.58 | 0.47 | 0.38 | 1.02 | 1.36 | 0.46 | 0.35 | 0.56 | 0.70 | 0.73 |
growth-% | 2.4 % | -19.6 % | -17.9 % | 168.4 % | 32.6 % | -66.5 % | -22.2 % | 57.8 % | 24.7 % | 4.1 % | |
Dividend | 0.43 | 0.44 | 0.22 | 0.35 | 0.45 | 0.46 | 0.24 | 0.07 | 0.26 | 0.31 | 0.32 |
Dividend ratio | 76.1 % | 110.9 % | 42.7 % | 82.1 % | 55.9 % | 69.8 % | 468.4 % | 40.0 % | 40.0 % | 40.0 % | 40.0 % |
Profitability and return on capital
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
EBITDA-% | 7.3 % | 7.2 % | 8.5 % | 9.9 % | 11.9 % | 10.5 % | 11.0 % | 9.7 % | 10.7 % | 12.1 % | 12.5 % |
EBIT-% (adj.) | 4.6 % | 4.9 % | 3.6 % | 3.9 % | 7.4 % | 8.6 % | 4.8 % | 4.7 % | 5.5 % | 6.3 % | 6.5 % |
EBIT-% | 4.6 % | 3.8 % | 3.6 % | 3.9 % | 5.9 % | 4.8 % | 4.8 % | 3.3 % | 5.5 % | 6.3 % | 6.5 % |
ROE | 10.9 % | 13.6 % | 11.4 % | 20.8 % | 15.2 % | 1.1 % | 3.6 % | 10.7 % | 12.1 % | 11.8 % | |
ROI | 7.2 % | 6.3 % | 5.9 % | 10.8 % | 9.6 % | 3.5 % | 5.7 % | 8.7 % | 9.4 % | 8.8 % |
Valuation
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Share price (EUR) | 9.36 | 7.96 | 7.86 | 8.40 | 11.36 | 8.44 | 5.98 | 4.99 | 4.99 | 4.99 | 4.99 |
Shares | 31.0 | 31.4 | 31.4 | 31.4 | 31.4 | 31.4 | 31.4 | 31.5 | 31.5 | 31.5 | 31.5 |
Market cap | 289.9 | 250.2 | 247.0 | 264.0 | 356.9 | 265.2 | 187.9 | 157.0 | 157.2 | 157.2 | 157.2 |
Enterprise value | 431.6 | 462.7 | 470.0 | 453.9 | 544.3 | 461.9 | 383.1 | 375.7 | 438.2 | 477.3 | 517.2 |
EV/S | 0.9 | 0.9 | 0.8 | 0.9 | 0.9 | 0.7 | 0.7 | 0.6 | 0.7 | 0.7 | 0.8 |
EV/EBITDA | 11.8 | 12.0 | 9.4 | 9.2 | 8.0 | 6.8 | 6.5 | 6.3 | 6.3 | 5.8 | 6.0 |
EV/EBIT (adj.) | 18.7 | 17.6 | 22.2 | 23.5 | 12.8 | 8.4 | 14.9 | 13.3 | 12.3 | 11.1 | 11.6 |
EV/EBIT | 18.7 | 22.5 | 22.2 | 23.5 | 16.1 | 14.9 | 14.8 | 18.5 | 12.3 | 11.1 | 11.6 |
P/E (adj.) | 16.6 | 13.8 | 16.9 | 22.0 | 11.1 | 6.2 | 13.1 | 14.1 | 8.9 | 7.2 | 6.9 |
P/E | 16.6 | 20.1 | 16.9 | 22.0 | 15.1 | 14.3 | - | 49.9 | 8.9 | 7.2 | 6.9 |
P/B | 2.6 | 2.1 | 2.0 | 2.3 | 2.8 | 1.8 | 1.3 | 0.9 | 0.8 | 0.7 | 0.7 |
P/S | 0.6 | 0.5 | 0.4 | 0.5 | 0.6 | 0.4 | 0.4 | 0.3 | 0.2 | 0.2 | 0.2 |
Dividend yield | 4.6 % | 5.5 % | 2.8 % | 4.2 % | 4.0 % | 5.5 % | 4.0 % | 1.5 % | 5.1 % | 6.3 % | 6.5 % |
Equity ratio | 35.0 % | 29.2 % | 29.8 % | 29.5 % | 31.8 % | 34.6 % | 34.3 % | 36.9 % | 37.7 % | 36.3 % | 35.3 % |
Gearing ratio | 103.9 % | 160.8 % | 162.3 % | 149.7 % | 129.4 % | 116.0 % | 117.6 % | 82.1 % | 107.4 % | 118.9 % | 129.9 % |
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 132.2 | 536.4 | 132.7 | 153.5 | 146.6 | 175.4 | 608.2 | ||
EBITDA | 14.5 | 58.8 | 12.3 | 13.9 | 16.4 | 16.7 | 59.3 | ||
EBIT | 6.4 | 25.9 | -3.2 | 6.4 | 8.3 | 8.8 | 20.3 | ||
Profit before taxes | -3.1 | 2.0 | -5.4 | 4.3 | 5.2 | 6.1 | 10.2 | ||
Net income | -3.8 | 1.6 | -4.6 | 2.4 | 3.2 | 4.9 | 5.8 |