Spinnova
1.6 EUR 0%5,334 investors are following this company
Spinnova operates in the textile industry. The company has developed a production technology for textile fibers, known as SPINNOVA® fiber, which is manufactured using a mechanical production process. In addition to the main operations, research and development are conducted in the area and the company offers service and associated ancillary services. Spinnova operates worldwide and is headquartered in Jyväskylä.
P/E (24e)
-5.7
EV/EBIT (adj.) (24e)
-2.95
P/B (24e)
1.15
Dividend yield-% (24e)
-
Target price
2.00 EUR
Recommendation
Accumulate
Updated
30.5.2024
First North Finland
SPINN
Daily low / high price
1.582 / 1.648
EUR
Market cap
83.62M EUR
Turnover
20.67K EUR
Volume
13K
Business risk
Valuation risk
Current
Previous
Latest research
Extensive report
Inderes' extensive report is an investor's handbook on customer companies covered by our research.
The latest extensive report was released
Read the reportAnalyst
![Antti Viljakainen Antti Viljakainen](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90,fit=cover/https://core.inderes.fi/sites/default/files/2023-08/Antti_Viljakainen.jpg)
Antti Viljakainen
Head of Research
Latest videos
Financial calendar
Interim report
22.08.2024
Annual report
13.02.2025
General meeting
09.04.2025
Interim report
28.08.2025
Annual report
12.02.2026
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Suzano S.A | 18.8 % | 18.8 % |
Besodos Investors Oy | 7.8 % | 7.8 % |
Premium
This content is for our Premium customers only.
Insider Transactions
Insider | Date | Total value |
---|---|---|
Jari Vähäpesola | 27.05.2024 | 6,202EUR |
Jari Vähäpesola | 20.05.2024 | 4,331EUR |
Premium
This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 0.3 | 6.1 | 24.3 | 10.6 | 2.2 | 8.4 | 21.0 | 18.0 |
growth-% | -66.5 % | 2,287.0 % | 300.4 % | -56.2 % | -79.3 % | 282.7 % | 149.8 % | -14.3 % |
EBITDA | -4.8 | -6.1 | -11.4 | -18.4 | -13.1 | -9.3 | -1.2 | -3.4 |
EBIT (adj.) | -5.5 | -7.0 | -12.3 | -20.9 | -15.5 | -12.3 | -4.5 | -6.9 |
EBIT | -5.5 | -7.0 | -12.3 | -20.9 | -15.5 | -12.3 | -4.5 | -6.9 |
Profit before taxes | -5.6 | -15.4 | -14.1 | -19.3 | -14.5 | -12.2 | -4.6 | -7.0 |
Net income | -5.6 | -15.4 | -14.1 | -19.6 | -14.7 | -12.2 | -4.6 | -7.0 |
EPS (adj.) | -0.30 | -0.28 | -0.38 | -0.28 | -0.23 | -0.09 | -0.13 | |
growth-% | ||||||||
Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend ratio |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | -1,873.6 % | -101.4 % | -46.8 % | -173.1 % | -594.5 % | -110.4 % | -5.9 % | -18.7 % |
EBIT-% (adj.) | -2,154.7 % | -114.7 % | -50.7 % | -196.7 % | -703.6 % | -146.1 % | -21.6 % | -38.4 % |
EBIT-% | -2,154.7 % | -114.7 % | -50.7 % | -196.7 % | -703.6 % | -146.1 % | -21.6 % | -38.4 % |
ROE | -50.2 % | -25.1 % | -13.2 % | -20.9 % | -18.3 % | -18.4 % | -7.9 % | -13.4 % |
ROI | -30.3 % | -10.5 % | -10.8 % | -20.8 % | -17.8 % | -15.8 % | -6.2 % | -11.0 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 13.43 | 5.44 | 2.40 | 1.60 | 1.60 | 1.60 | 1.60 | |
Shares | 51.3 | 51.3 | 51.3 | 52.3 | 52.3 | 52.3 | 52.3 | |
Market cap | 689.3 | 279.2 | 123.0 | 83.6 | 83.6 | 83.6 | 83.6 | |
Enterprise value | 589.2 | 202.9 | 68.6 | 45.7 | 60.0 | 66.6 | 75.2 | |
EV/S | - | 97.2 | 8.4 | 6.4 | 20.8 | 7.1 | 3.2 | 4.2 |
EV/EBITDA | - | - | - | - | - | - | - | - |
EV/EBIT (adj.) | - | - | - | - | - | - | - | - |
EV/EBIT | - | - | - | - | - | - | - | - |
P/E (adj.) | - | - | - | - | - | - | - | - |
P/E | - | - | - | - | - | - | - | - |
P/B | - | 6.1 | 2.8 | 1.4 | 1.2 | 1.4 | 1.5 | 1.7 |
P/S | - | 113.7 | 11.5 | 11.6 | 38.0 | 9.9 | 4.0 | 4.6 |
Dividend yield | ||||||||
Equity ratio | 54.1 % | 92.1 % | 87.0 % | 88.6 % | 87.8 % | 83.0 % | 79.0 % | 77.4 % |
Gearing ratio | -15.0 % | -87.9 % | -76.3 % | -62.3 % | -52.2 % | -39.1 % | -30.4 % | -17.2 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 8.8 | 1.8 | 10.6 | 0.6 | 1.6 | ||||
EBITDA | -9.7 | -8.7 | -18.4 | -7.7 | -5.4 | ||||
EBIT | -11.0 | -9.9 | -20.9 | -8.9 | -6.6 | ||||
Profit before taxes | -10.4 | -8.8 | -19.3 | -8.4 | -6.1 | ||||
Net income | -10.6 | -9.0 | -19.6 | -8.5 | -6.2 |
ShowingAll content types
Spinnova Plc: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (Suzano Holding S.A.)
Spinnova Plc: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (Beata Domus Ab)
Join Inderes community
Don't miss out - create an account and get all the possible benefits
Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Suzano, main owner of Spinnova, invests in fiber company Lenzing
Spinnova Plc: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (Janne Poranen)
Spinnova Plc: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (Besodos Investors Oy)
Spinnova Plc: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (Maki.vc Fund I Ky)
Spinnova: Altor acquires the assets of the Swedish recycled pulp manufacturer Renewcell’s bankruptcy estate
![Spinnova: Innovation in fiber technology](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/c2ab20ca-1339-4b0f-b3c9-b9927fb22eb6.png)
Spinnova: Innovation in fiber technology
![Spinnova Initiation of coverage: Alea iacta est](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/ca704a6f-01d9-46b2-8e0f-6444a74d3363.png)