Marimekko
11.12
EUR
-1.42 %
MEKKO
NASDAQ Helsinki
Personal Goods
Consumer Goods & Services
10,464 following
-1.42%
-3.97%
-14.72%
-11.61%
-20.68%
-16.45%
-9.37%
-38.08%
+46.32%
+2,300%
company.marimekko.com/en/investors
Marimekko is a textile and clothing company. The range includes clothes, bags, accessories, and household items that touch on everything from furniture fabrics to porcelain. The products are sold via physical stores under the company's brand worldwide, mainly in Europe, North America and Asia. Marimekko was originally founded in 1951 and is headquartered in Helsinki.
P/E (adj.) (24e)
18.32
EV/EBIT (adj.) (24e)
13.78
P/B (24e)
6.03
Dividend yield-% (24e)
5.4 %
Target price
13.00 EUR
Recommendation
Accumulate
Updated
6.11.2024
NASDAQ Helsinki
MEKKO
Daily low / high price
11.02 / 11.44
EUR
Market cap
452.02M EUR
Turnover
117.31K EUR
Volume
10K
Business risk
Valuation risk
Current
Previous
Latest research
Analyst
Rauli Juva
Analyst
Latest videos
Financial calendar
Annual report
19.02.2025
General meeting
15.04.2025
Interim report
14.05.2025
Interim report
14.08.2025
Interim report
31.10.2025
Income statement
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 123.6 | 152.2 | 166.5 | 174.1 | 181.1 | 193.4 | 207.2 | 221.3 |
| growth-% | -1.5 % | 23.2 % | 9.4 % | 4.6 % | 4.0 % | 6.8 % | 7.1 % | 6.8 % |
| EBITDA | 31.9 | 43.1 | 39.9 | 40.6 | 40.8 | 44.3 | 49.0 | 52.9 |
| EBIT (adj.) | 20.2 | 31.2 | 30.4 | 32.0 | 31.9 | 34.8 | 39.3 | 43.1 |
| EBIT | 19.3 | 31.2 | 30.2 | 31.4 | 31.5 | 34.8 | 39.3 | 43.1 |
| Profit before taxes | 17.6 | 30.7 | 29.2 | 29.7 | 30.6 | 33.8 | 38.3 | 42.5 |
| Net income | 13.8 | 24.4 | 22.8 | 23.6 | 24.3 | 26.9 | 30.5 | 33.8 |
| EPS (adj.) | 0.36 | 0.60 | 0.56 | 0.60 | 0.61 | 0.66 | 0.75 | 0.83 |
| growth-% | 12.0 % | 66.8 % | -5.7 % | 5.6 % | 1.8 % | 8.8 % | 13.4 % | 10.9 % |
| Dividend | 0.20 | 0.72 | 0.34 | 0.37 | 0.60 | 0.60 | 0.66 | 0.71 |
| Dividend ratio | 59.0 % | 120.2 % | 60.6 % | 63.6 % | 100.5 % | 90.8 % | 88.0 % | 85.0 % |
Profitability and return on capital
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| EBITDA-% | 25.8 % | 28.3 % | 24.0 % | 23.3 % | 22.5 % | 22.9 % | 23.6 % | 23.9 % |
| EBIT-% (adj.) | 16.3 % | 20.5 % | 18.2 % | 18.4 % | 17.6 % | 18.0 % | 19.0 % | 19.5 % |
| EBIT-% | 15.7 % | 20.5 % | 18.2 % | 18.0 % | 17.4 % | 18.0 % | 19.0 % | 19.5 % |
| ROE | 30.2 % | 39.8 % | 36.4 % | 39.0 % | 34.5 % | 35.2 % | 37.9 % | 38.8 % |
| ROI | 23.4 % | 32.5 % | 31.5 % | 33.4 % | 31.9 % | 34.7 % | 37.5 % | 39.0 % |
Valuation
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Share price (EUR) | 9.11 | 16.94 | 8.60 | 11.99 | 11.12 | 11.12 | 11.12 | 11.12 |
| Shares | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 |
| Market cap | 370.1 | 688.6 | 349.6 | 487.4 | 452.0 | 452.0 | 452.0 | 452.0 |
| Enterprise value | 367.0 | 661.1 | 350.9 | 483.3 | 439.6 | 437.9 | 434.7 | 430.8 |
| EV/S | 3.0 | 4.3 | 2.1 | 2.8 | 2.4 | 2.3 | 2.1 | 1.9 |
| EV/EBITDA | 11.5 | 15.3 | 8.8 | 11.9 | 10.8 | 9.9 | 8.9 | 8.1 |
| EV/EBIT (adj.) | 18.2 | 21.2 | 11.5 | 15.1 | 13.8 | 12.6 | 11.1 | 10.0 |
| EV/EBIT | 19.0 | 21.2 | 11.6 | 15.4 | 14.0 | 12.6 | 11.1 | 10.0 |
| P/E (adj.) | 25.4 | 28.3 | 15.2 | 20.1 | 18.3 | 16.8 | 14.8 | 13.4 |
| P/E | 26.9 | 28.3 | 15.3 | 20.6 | 18.6 | 16.8 | 14.8 | 13.4 |
| P/B | 7.1 | 9.8 | 6.3 | 7.4 | 6.0 | 5.8 | 5.4 | 5.0 |
| P/S | 3.0 | 4.5 | 2.1 | 2.8 | 2.5 | 2.3 | 2.2 | 2.0 |
| Dividend yield | 2.2 % | 4.3 % | 4.0 % | 3.1 % | 5.4 % | 5.4 % | 5.9 % | 6.4 % |
| Equity ratio | 45.7 % | 52.7 % | 48.3 % | 53.3 % | 60.4 % | 59.1 % | 60.2 % | 61.7 % |
| Gearing ratio | -6.1 % | -39.2 % | 2.3 % | -6.2 % | -16.6 % | -18.2 % | -20.7 % | -23.5 % |
Quarter data
| Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 50.6 | 174.1 | 37.7 | 43.6 | 47.3 | 52.5 | 181.1 | ||
| EBITDA | 10.5 | 40.6 | 7.4 | 8.4 | 13.4 | 11.5 | 40.8 | ||
| EBIT | 8.1 | 31.4 | 5.1 | 6.1 | 11.1 | 9.2 | 31.5 | ||
| Profit before taxes | 7.9 | 29.7 | 4.9 | 5.9 | 10.6 | 9.0 | 30.6 | ||
| Net income | 6.2 | 23.6 | 3.9 | 4.7 | 8.5 | 7.2 | 24.3 |
ShowingAll content types
INTERIM REPORT OF MARIMEKKO, 1 Jan – 30 Sept 2024: Marimekko’s net sales in Q3 nearly at the record level of the comparison period despite the timing of non-recurring promotional deliveries, operating profit margin remains excellent
Change in Marimekko’s financial reporting dates in 2025
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Release of Marimekko's Interim Report, 1 January–30 September 2024
Marimekko and UNIQLO celebrate autumnal moments with limited-edition Fall/Winter 2024 collection
Marimekko Capital Markets Day 2024
Marimekko Capital Markets Day 2024
Marimekko Oyj, Q2'24
Marimekko’s financial reporting and Annual General Meeting in 2025
HALF-YEAR FINANCIAL REPORT OF MARIMEKKO CORPORATION, 1 January – 30 June 2024: Marimekko’s net sales continued to grow in the second quarter, operating profit slightly behind the comparison period but cumulative operating profit improved
Release of Marimekko's Half-year Financial Report, 1 January–30 June 2024
Invitation to Marimekko Capital Markets Day 2024
Consumer Goods Companies as Investments | Consumer Goods Night June 11, 2024
Marimekko Corporation: Managers' transactions (Vikkula)
Marimekko Corporation: Managers' transactions (Brunazzo)
Marimekko Corporation: Managers' transactions (Takebayashi)
Marimekko Corporation: Managers' transactions (Chen)
Marimekko Corporation: Managers' transactions (Kangas-Kärki)
