Asuntosalkku
76
EUR
+0.66 %
ASUNTO
First North Finland
Real Estate Management & Development
Real Estate
744 following
+0.66%
-2.56%
-4.4%
0%
+8.57%
-4.4%
-2.56%
-
-
-46.1%
asuntosalkku.fi/sijoittajille
Asuntosalkku operates in the real estate sector. The company invests in real estate and has a portfolio of apartments located in Helsinki, Finland and Tallinn, Estonia. The homes are mainly residential and rental apartments. The main operations are in the Nordic and Baltic countries. Asuntosalkku was founded in 2018 and is headquartered in Helsinki.
P/E (adj.) (24e)
-8.58
EV/EBIT (adj.) (24e)
-330.06
P/B (24e)
0.59
Dividend yield-% (24e)
-
Target price
90.00 EUR
Recommendation
Accumulate
Updated
23.8.2024
First North Finland
ASUNTO
Daily low / high price
76 / 76.5
EUR
Market cap
74.98M EUR
Turnover
11.57K EUR
Volume
152
Business risk
Valuation risk
Current
Previous
Analyst
Frans-Mikael Rostedt
Analyst
Financial calendar
Annual report
10.12.2024
General meeting
23.01.2025
Business review
13.02.2025
Interim report
20.05.2025
Business review
21.08.2025
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 11.5 | 12.0 | 14.0 | 16.8 | 19.0 | 16.9 | 17.4 | 17.8 |
growth-% | -0.9 % | 4.1 % | 16.1 % | 20.5 % | 12.9 % | -10.9 % | 2.8 % | 2.1 % |
EBITDA | 7.3 | 13.2 | 34.7 | -7.8 | -0.2 | 11.9 | 12.8 | 13.0 |
EBIT (adj.) | 7.1 | 12.9 | 34.3 | -8.2 | -0.7 | 11.4 | 12.3 | 12.6 |
EBIT | 7.1 | 12.9 | 34.3 | -8.2 | -0.7 | 11.4 | 12.3 | 12.6 |
Profit before taxes | 4.9 | 11.1 | 32.0 | -12.8 | -9.6 | 4.6 | 5.8 | 6.5 |
Net income | 4.2 | 10.1 | 30.9 | -10.8 | -8.7 | 4.1 | 5.1 | 5.7 |
EPS (adj.) | 7.38 | 13.33 | 34.16 | -10.91 | -8.86 | 4.15 | 5.20 | 5.76 |
growth-% | -9.9 % | 80.6 % | 156.3 % | -131.9 % | 25.4 % | 10.7 % | ||
Dividend | 6.40 | 6.52 | 2.10 | 0.00 | 0.00 | 1.80 | 2.10 | 2.10 |
Dividend ratio | 86.7 % | 40.5 % | 6.7 % | 43.4 % | 40.4 % | 36.5 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 63.3 % | 109.4 % | 248.4 % | -46.3 % | -1.1 % | 70.3 % | 73.2 % | 73.3 % |
EBIT-% (adj.) | 61.2 % | 107.0 % | 245.9 % | -48.8 % | -3.6 % | 67.4 % | 70.5 % | 71.0 % |
EBIT-% | 61.2 % | 107.0 % | 245.9 % | -48.8 % | -3.6 % | 67.4 % | 70.5 % | 71.0 % |
ROE | 6.4 % | 12.0 % | 25.2 % | -7.6 % | -6.7 % | 3.2 % | 3.9 % | 4.2 % |
ROI | 4.3 % | 6.6 % | 13.7 % | -2.8 % | -0.2 % | 4.1 % | 4.3 % | 4.3 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 118.00 | 78.00 | 76.00 | 76.00 | 76.00 | 76.00 | ||
Shares | 0.6 | 0.6 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Market cap | 116.4 | 77.0 | 75.0 | 75.0 | 75.0 | 75.0 | ||
Enterprise value | 244.4 | 214.5 | 226.4 | 227.2 | 228.9 | 230.6 | ||
EV/S | - | - | 17.5 | 12.7 | 11.9 | 13.4 | 13.1 | 13.0 |
EV/EBITDA | - | - | 7.0 | - | - | 19.1 | 18.0 | 17.7 |
EV/EBIT (adj.) | - | - | 7.1 | - | - | 19.9 | 18.6 | 18.3 |
EV/EBIT | - | - | 7.1 | - | - | 19.9 | 18.6 | 18.3 |
P/E (adj.) | - | - | 3.5 | - | - | 18.3 | 14.6 | 13.2 |
P/E | - | - | 3.5 | - | - | 18.3 | 14.6 | 13.2 |
P/B | - | - | 0.8 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 |
P/S | - | - | 8.3 | 4.6 | 3.9 | 4.4 | 4.3 | 4.2 |
Dividend yield | 1.8 % | 2.4 % | 2.8 % | 2.8 % | ||||
Equity ratio | 39.7 % | 45.4 % | 49.7 % | 46.7 % | 44.4 % | 45.1 % | 45.4 % | 45.8 % |
Gearing ratio | 139.8 % | 104.7 % | 86.6 % | 102.0 % | 120.1 % | 117.0 % | 115.3 % | 113.5 % |
Quarter data
Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24e | Q4/24e | 2024e | Q1/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 8.8 | 16.8 | 9.2 | 9.8 | 19.0 | ||||
EBITDA | -2.0 | -7.8 | -3.9 | 3.7 | -0.2 | ||||
EBIT | -2.3 | -8.2 | -4.2 | 3.5 | -0.7 | ||||
Profit before taxes | -5.3 | -12.8 | -7.9 | -1.7 | -9.6 | ||||
Net income | -4.2 | -10.8 | -7.2 | -1.5 | -8.7 |