Kemira
18.77
EUR
+0.75 %
KEMIRA
NASDAQ Helsinki
Chemicals
Basic Materials
10,219 following
+0.75%
-13.74%
-11.38%
-17.02%
+11.79%
+19.48%
+38.32%
+29.63%
+193.26%
www.kemira.com/company/investors
Kemira is a global chemical company providing chemical solutions for industries that use a lot of water. The company provides solutions for pulp & paper, water treatment, and the energy industry. The products are sold on a global level, where the main business focus is in Europe, the Americas, and Asia-Pacific. The company is headquartered in Helsinki.
P/E (adj.) (24e)
10.21
EV/EBIT (adj.) (24e)
7.73
P/B (24e)
1.59
Dividend yield-% (24e)
4 %
Target price
23.00 EUR
Recommendation
Accumulate
Updated
25.10.2024
NASDAQ Helsinki
KEMIRA
Daily low / high price
18.61 / 18.81
EUR
Market cap
2.92B EUR
Turnover
608.26K EUR
Volume
33K
Business risk
Valuation risk
Current
Previous
Analyst
Petri Gostowski
Co. Head of Research
Latest videos
Financial calendar
Annual report
11.02.2025
General meeting
20.03.2025
Interim report
25.04.2025
Interim report
18.07.2025
Interim report
24.10.2025
Income statement
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,427.1 | 2,674.4 | 3,569.6 | 3,383.7 | 2,933.5 | 2,953.3 | 3,012.4 | 3,074.8 |
| growth-% | -8.7 % | 10.2 % | 33.5 % | -5.2 % | -13.3 % | 0.7 % | 2.0 % | 2.1 % |
| EBITDA | 413.3 | 373.2 | 558.8 | 539.9 | 569.7 | 550.1 | 560.3 | 578.4 |
| EBIT (adj.) | 237.7 | 225.5 | 361.6 | 463.0 | 407.0 | 376.8 | 383.1 | 398.0 |
| EBIT | 215.9 | 170.1 | 347.6 | 336.3 | 385.8 | 356.8 | 363.1 | 378.0 |
| Profit before taxes | 181.0 | 143.4 | 308.2 | 291.9 | 356.0 | 330.8 | 343.0 | 358.8 |
| Net income | 131.3 | 108.0 | 231.7 | 199.0 | 262.0 | 246.0 | 255.5 | 267.8 |
| EPS (adj.) | 1.00 | 1.07 | 1.60 | 2.12 | 1.84 | 1.73 | 1.79 | 1.87 |
| growth-% | 9.6 % | 6.6 % | 49.9 % | 32.6 % | -13.2 % | -6.1 % | 3.6 % | 4.5 % |
| Dividend | 0.58 | 0.58 | 0.62 | 0.68 | 0.75 | 0.80 | 0.82 | 0.88 |
| Dividend ratio | 67.6 % | 82.2 % | 41.1 % | 52.5 % | 44.1 % | 50.1 % | 49.4 % | 50.8 % |
Profitability and return on capital
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| EBITDA-% | 17.0 % | 14.0 % | 15.7 % | 16.0 % | 19.4 % | 18.6 % | 18.6 % | 18.8 % |
| EBIT-% (adj.) | 9.8 % | 8.4 % | 10.1 % | 13.7 % | 13.9 % | 12.8 % | 12.7 % | 12.9 % |
| EBIT-% | 8.9 % | 6.4 % | 9.7 % | 9.9 % | 13.2 % | 12.1 % | 12.1 % | 12.3 % |
| ROE | 10.9 % | 8.6 % | 15.5 % | 11.9 % | 15.0 % | 13.0 % | 12.7 % | 12.4 % |
| ROI | 10.0 % | 7.6 % | 13.8 % | 12.6 % | 14.9 % | 14.0 % | 13.9 % | 13.9 % |
Valuation
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Share price (EUR) | 12.97 | 13.33 | 14.33 | 16.79 | 18.77 | 18.77 | 18.77 | 18.77 |
| Shares | 152.9 | 153.1 | 153.6 | 153.6 | 154.0 | 154.0 | 154.0 | 154.0 |
| Market cap | 1,983.4 | 2,041.2 | 2,201.4 | 2,579.3 | 2,890.3 | 2,890.3 | 2,890.3 | 2,890.3 |
| Enterprise value | 2,736.9 | 2,885.2 | 2,967.7 | 3,109.6 | 3,146.2 | 3,054.0 | 2,945.4 | 2,829.7 |
| EV/S | 1.1 | 1.1 | 0.8 | 0.9 | 1.1 | 1.0 | 1.0 | 0.9 |
| EV/EBITDA | 6.6 | 7.7 | 5.3 | 5.8 | 5.5 | 5.6 | 5.3 | 4.9 |
| EV/EBIT (adj.) | 11.5 | 12.8 | 8.2 | 6.7 | 7.7 | 8.1 | 7.7 | 7.1 |
| EV/EBIT | 12.7 | 17.0 | 8.5 | 9.2 | 8.2 | 8.6 | 8.1 | 7.5 |
| P/E (adj.) | 13.0 | 12.5 | 9.0 | 7.9 | 10.2 | 10.9 | 10.5 | 10.0 |
| P/E | 15.1 | 18.9 | 9.5 | 13.0 | 11.0 | 11.7 | 11.3 | 10.8 |
| P/B | 1.7 | 1.5 | 1.3 | 1.5 | 1.6 | 1.5 | 1.4 | 1.3 |
| P/S | 0.8 | 0.8 | 0.6 | 0.8 | 1.0 | 1.0 | 1.0 | 0.9 |
| Dividend yield | 4.5 % | 4.4 % | 4.3 % | 4.1 % | 4.0 % | 4.3 % | 4.4 % | 4.7 % |
| Equity ratio | 43.2 % | 42.9 % | 46.2 % | 48.4 % | 55.7 % | 59.3 % | 61.6 % | 62.9 % |
| Gearing ratio | 63.0 % | 63.3 % | 45.8 % | 31.8 % | 13.9 % | 8.3 % | 2.6 % | -2.7 % |
Quarter data
| Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 808.9 | 3,383.7 | 763.4 | 733.4 | 727.5 | 709.2 | 2,933.5 | ||
| EBITDA | 51.2 | 539.9 | 154.1 | 137.1 | 142.9 | 135.6 | 569.7 | ||
| EBIT | 1.2 | 336.3 | 109.2 | 90.7 | 96.3 | 89.6 | 385.8 | ||
| Profit before taxes | -10.4 | 291.9 | 100.9 | 84.1 | 89.4 | 81.6 | 356.0 | ||
| Net income | -30.3 | 199.0 | 75.8 | 62.0 | 63.6 | 60.6 | 262.0 |
ShowingAll content types
Kemira Oyj's January-September 2024 Interim Report: Organic revenue growth with continued strong margin performance
Kemira Oyj: Record and payment dates for Kemira's second dividend installment of EUR 0.34 per share
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Kemira Capital Markets Day 2024
Kemira Oyj: Kemira updates its long-term financial targets to reflect profitable growth ambitions and structurally higher margin profile
Kemira Oyj: Kemira renews operating model and Management Board to accelerate growth strategy
