Marimekko
12.14
EUR
-0.49 %
Corporate customer
MEKKO
NASDAQ Helsinki
Personal Goods
Consumer Goods & Services
10,454 following
Income statement
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 102.3 | 111.9 | 125.4 | 123.6 | 152.2 | 166.5 | 174.1 | 181.1 | 193.4 | 207.2 | 221.3 |
growth-% | 9.3 % | 12.1 % | -1.5 % | 23.2 % | 9.4 % | 4.6 % | 4.0 % | 6.8 % | 7.1 % | 6.8 % | |
EBITDA | 11.7 | 20.2 | 29.7 | 31.9 | 43.1 | 39.9 | 40.6 | 40.8 | 44.3 | 49.0 | 52.9 |
EBIT (adj.) | 8.6 | 12.2 | 17.1 | 20.2 | 31.2 | 30.4 | 32.0 | 31.9 | 34.8 | 39.3 | 43.1 |
EBIT | 8.4 | 17.7 | 17.1 | 19.3 | 31.2 | 30.2 | 31.4 | 31.5 | 34.8 | 39.3 | 43.1 |
Profit before taxes | 7.1 | 17.6 | 16.2 | 17.6 | 30.7 | 29.2 | 29.7 | 30.6 | 33.8 | 38.3 | 42.5 |
Net income | 5.7 | 13.7 | 13.0 | 13.8 | 24.4 | 22.8 | 23.6 | 24.3 | 26.9 | 30.5 | 33.8 |
EPS (adj.) | 0.15 | 0.20 | 0.32 | 0.36 | 0.60 | 0.56 | 0.60 | 0.61 | 0.66 | 0.75 | 0.83 |
growth-% | 39.0 % | 58.8 % | 12.0 % | 66.8 % | -5.7 % | 5.6 % | 1.8 % | 8.8 % | 13.4 % | 10.9 % | |
Dividend | 0.10 | 0.37 | 0.18 | 0.20 | 0.72 | 0.34 | 0.37 | 0.60 | 0.60 | 0.66 | 0.71 |
Dividend ratio | 71.7 % | 109.7 % | 56.2 % | 59.0 % | 120.2 % | 60.6 % | 63.6 % | 100.5 % | 90.8 % | 88.0 % | 85.0 % |
Profitability and return on capital
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
EBITDA-% | 11.4 % | 18.1 % | 23.6 % | 25.8 % | 28.3 % | 24.0 % | 23.3 % | 22.5 % | 22.9 % | 23.6 % | 23.9 % |
EBIT-% (adj.) | 8.4 % | 10.9 % | 13.6 % | 16.3 % | 20.5 % | 18.2 % | 18.4 % | 17.6 % | 18.0 % | 19.0 % | 19.5 % |
EBIT-% | 8.2 % | 15.8 % | 13.6 % | 15.7 % | 20.5 % | 18.2 % | 18.0 % | 17.4 % | 18.0 % | 19.0 % | 19.5 % |
ROE | 38.8 % | 33.0 % | 30.2 % | 39.8 % | 36.4 % | 39.0 % | 34.5 % | 35.2 % | 37.9 % | 38.8 % | |
ROI | 47.7 % | 29.6 % | 23.4 % | 32.5 % | 31.5 % | 33.4 % | 31.9 % | 34.7 % | 37.5 % | 39.0 % |
Valuation
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Share price (EUR) | 2.48 | 5.24 | 7.48 | 9.11 | 16.94 | 8.60 | 11.99 | 12.14 | 12.14 | 12.14 | 12.14 |
Shares | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 |
Market cap | 100.7 | 212.8 | 303.8 | 370.1 | 688.6 | 349.6 | 487.4 | 493.5 | 493.5 | 493.5 | 493.5 |
Enterprise value | 97.8 | 190.0 | 314.0 | 367.0 | 661.1 | 350.9 | 483.3 | 481.0 | 479.4 | 476.2 | 472.2 |
EV/S | 1.0 | 1.7 | 2.5 | 3.0 | 4.3 | 2.1 | 2.8 | 2.7 | 2.5 | 2.3 | 2.1 |
EV/EBITDA | 8.4 | 9.4 | 10.6 | 11.5 | 15.3 | 8.8 | 11.9 | 11.8 | 10.8 | 9.7 | 8.9 |
EV/EBIT (adj.) | 11.4 | 15.5 | 18.3 | 18.2 | 21.2 | 11.5 | 15.1 | 15.1 | 13.8 | 12.1 | 11.0 |
EV/EBIT | 11.7 | 10.7 | 18.3 | 19.0 | 21.2 | 11.6 | 15.4 | 15.3 | 13.8 | 12.1 | 11.0 |
P/E (adj.) | 17.1 | 26.0 | 23.3 | 25.4 | 28.3 | 15.2 | 20.1 | 20.0 | 18.4 | 16.2 | 14.6 |
P/E | 17.8 | 15.5 | 23.3 | 26.9 | 28.3 | 15.3 | 20.6 | 20.3 | 18.4 | 16.2 | 14.6 |
P/B | 3.3 | 5.3 | 7.8 | 7.1 | 9.8 | 6.3 | 7.4 | 6.6 | 6.4 | 5.9 | 5.5 |
P/S | 1.0 | 1.9 | 2.4 | 3.0 | 4.5 | 2.1 | 2.8 | 2.7 | 2.6 | 2.4 | 2.2 |
Dividend yield | 4.0 % | 7.1 % | 2.4 % | 2.2 % | 4.3 % | 4.0 % | 3.1 % | 4.9 % | 4.9 % | 5.4 % | 5.8 % |
Equity ratio | 65.1 % | 70.0 % | 40.2 % | 45.7 % | 52.7 % | 48.3 % | 53.3 % | 60.4 % | 59.1 % | 60.2 % | 61.7 % |
Gearing ratio | -9.4 % | -56.9 % | 26.4 % | -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 |