Rapala VMC
1.865
EUR
+1.08 %
Corporate customer
RAP1V
NASDAQ Helsinki
Personal Goods
Consumer Goods & Services
5,895 following
Income statement
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 253.3 | 262.4 | 275.4 | 261.3 | 294.3 | 274.3 | 221.6 | 229.6 | 232.9 | 240.9 | 248.2 |
growth-% | 3.6 % | 5.0 % | -5.1 % | 12.6 % | -6.8 % | -19.2 % | 3.6 % | 1.5 % | 3.4 % | 3.0 % | |
EBITDA | 15.7 | 22.4 | 26.0 | 24.7 | 46.0 | 23.6 | 15.5 | 24.4 | 28.0 | 29.3 | 30.1 |
EBIT (adj.) | 11.5 | 16.7 | 17.9 | 21.5 | 32.7 | 15.3 | 5.6 | 8.0 | 16.2 | 17.6 | 18.4 |
EBIT | 8.9 | 14.8 | 13.4 | 10.8 | 32.1 | 12.3 | 4.0 | 13.0 | 16.2 | 17.6 | 18.4 |
Profit before taxes | 5.6 | 12.7 | 9.8 | 6.6 | 28.0 | 8.8 | -6.2 | 5.6 | 11.1 | 12.6 | 13.6 |
Net income | 1.8 | 4.8 | 3.6 | 1.2 | 17.0 | 3.7 | -7.0 | 3.7 | 8.1 | 9.2 | 9.9 |
EPS (adj.) | 0.12 | 0.17 | 0.21 | 0.31 | 0.46 | 0.17 | -0.14 | -0.07 | 0.13 | 0.16 | 0.25 |
growth-% | 51.0 % | 20.7 % | 46.1 % | 48.1 % | -62.3 % | -179.7 % | 24.3 % | 54.4 % | |||
Dividend | 0.04 | 0.06 | 0.00 | 0.00 | 0.15 | 0.04 | 0.00 | 0.00 | 0.00 | 0.04 | 0.15 |
Dividend ratio | 83.3 % | 47.9 % | 34.0 % | 42.0 % | 16.9 % | 60.0 % |
Profitability and return on capital
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
EBITDA-% | 6.2 % | 8.5 % | 9.4 % | 9.5 % | 15.6 % | 8.6 % | 7.0 % | 10.6 % | 12.0 % | 12.1 % | 12.1 % |
EBIT-% (adj.) | 4.5 % | 6.4 % | 6.5 % | 8.2 % | 11.1 % | 5.6 % | 2.5 % | 3.5 % | 7.0 % | 7.3 % | 7.4 % |
EBIT-% | 3.5 % | 5.6 % | 4.9 % | 4.1 % | 10.9 % | 4.5 % | 1.8 % | 5.7 % | 7.0 % | 7.3 % | 7.4 % |
ROE | 3.5 % | 2.5 % | 0.8 % | 12.3 % | 2.7 % | -4.7 % | 2.3 % | 5.0 % | 6.0 % | 6.8 % | |
ROI | 6.6 % | 5.7 % | 4.7 % | 13.8 % | 4.7 % | 1.5 % | 5.2 % | 6.6 % | 7.3 % | 7.6 % |
Valuation
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Share price (EUR) | 3.45 | 3.05 | 2.77 | 4.36 | 8.72 | 5.00 | 2.84 | 1.87 | 1.87 | 1.87 | 1.87 |
Shares | 38.3 | 38.3 | 38.3 | 38.6 | 38.6 | 38.9 | 38.9 | 38.9 | 38.9 | 38.9 | 38.9 |
Market cap | 132.2 | 116.9 | 106.1 | 168.1 | 336.7 | 194.4 | 110.4 | 72.5 | 72.5 | 72.5 | 72.5 |
Enterprise value | 250.0 | 237.3 | 228.9 | 270.5 | 414.8 | 316.2 | 252.1 | 199.9 | 192.6 | 157.4 | 150.0 |
EV/S | 1.0 | 0.9 | 0.8 | 1.0 | 1.4 | 1.2 | 1.1 | 0.9 | 0.8 | 0.7 | 0.6 |
EV/EBITDA | 15.9 | 10.6 | 8.8 | 11.0 | 9.0 | 13.4 | 16.3 | 8.2 | 6.9 | 5.4 | 5.0 |
EV/EBIT (adj.) | 21.8 | 14.2 | 12.8 | 12.6 | 12.7 | 20.7 | 44.7 | 25.0 | 11.9 | 8.9 | 8.1 |
EV/EBIT | 28.2 | 16.0 | 17.1 | 25.0 | 12.9 | 25.7 | 63.0 | 15.4 | 11.9 | 8.9 | 8.1 |
P/E (adj.) | 29.8 | 17.4 | 13.1 | 14.1 | 19.1 | 29.0 | - | - | 14.1 | 11.3 | 7.4 |
P/E | 71.9 | 24.3 | 29.6 | 141.2 | 19.8 | 52.5 | - | 32.8 | 14.1 | 11.3 | 7.4 |
P/B | 1.0 | 0.8 | 0.7 | 1.2 | 2.4 | 1.4 | 0.7 | 0.5 | 0.4 | 0.5 | 0.5 |
P/S | 0.5 | 0.4 | 0.4 | 0.6 | 1.1 | 0.7 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 |
Dividend yield | 1.2 % | 2.0 % | 1.7 % | 0.8 % | 2.1 % | 8.2 % | |||||
Equity ratio | 53.8 % | 53.1 % | 52.3 % | 52.4 % | 44.2 % | 41.1 % | 52.1 % | 54.2 % | 56.2 % | 48.5 % | 51.0 % |
Gearing ratio | 47.5 % | 47.9 % | 54.4 % | 36.6 % | 56.1 % | 87.6 % | 52.2 % | 42.4 % | 36.6 % | 60.3 % | 51.9 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 117.9 | 103.7 | 221.6 | 120.5 | 109.1 | ||||
EBITDA | 10.1 | 5.5 | 15.5 | 16.9 | 7.5 | ||||
EBIT | 4.5 | -0.5 | 4.0 | 11.2 | 1.8 | ||||
Profit before taxes | -0.5 | -5.8 | -6.2 | 6.9 | -1.3 | ||||
Net income | -1.1 | -5.9 | -7.0 | 4.7 | -1.0 |