Tamtron

5.46 EUR

+1.87 %

TAMTRON

First North Finland

Industrial Goods & Services

Industrials

725 following

+1.87%

+1.11%

+3.02%

-1.44%

+11.89%

+14.95%

-5.54%

tamtrongroup.com/en

Tamtron operates in the industrial sector. The company specializes in manufacturing industrial tools. The product range is broad and mainly includes digital weighing equipment, such as crane scales, pallet truck scales, log crane scales, dumper scales, railway scales, and data acquisition systems. The customers can be found in various sectors, with the greatest concentration in the industrial and logistics sector. The business is run globally with the largest presence in Europe.

P/E (adj.) (24e)

14.37

EV/EBIT (adj.) (24e)

10.44

P/B (24e)

1.88

Dividend yield-% (24e)

Target price

6.00 EUR

Recommendation

Accumulate

Updated

15.8.2024

First North Finland

TAMTRON

Daily low / high price

5.32 / 5.48 EUR

Market cap

39.82M EUR

Turnover

208.92K EUR

Volume

39K

Business risk

Valuation risk

Current

Pauli Lohi

Analyst

Latest videos

Tamtron Group Oyj: Tulosjulkistus ja sijoittajatilaisuus, H1 2024

15.08.2024

Financial calendar

Annual report

12.03.2025

Interim report

14.08.2025

Income statement

	2020	2021	2022	2023	2024e	2025e	2026e	2027e
Revenue	21.6	29.4	37.1	54.9	54.8	57.1	58.9	60.7
growth-%	-3.8 %	36.3 %	26.0 %	48.2 %	-0.3 %	4.2 %	3.1 %	3.1 %
EBITDA	2.1	3.3	4.4	5.9	6.0	6.5	6.8	7.1
EBIT (adj.)	1.7	2.8	3.7	4.5	4.6	5.0	5.3	5.5
EBIT	0.3	1.2	2.0	2.5	2.4	3.0	3.5	3.9
Profit before taxes	-0.0	0.6	-0.0	1.5	1.7	2.4	3.0	3.5
Net income	-0.1	0.1	-0.4	0.8	1.1	1.5	2.1	2.5
EPS (adj.)	0.15	0.21	0.29	0.33	0.38	0.42	0.47	0.51
growth-%	137.5 %	38.9 %	38.0 %	13.3 %	13.8 %	10.9 %	12.4 %	8.1 %
Dividend	0.00	0.00	0.00	0.00	0.00	0.09	0.11	0.12
Dividend ratio						43.1 %	38.9 %	35.0 %

Profitability and return on capital

	2020	2021	2022	2023	2024e	2025e	2026e	2027e
EBITDA-%	9.8 %	11.3 %	11.9 %	10.8 %	11.0 %	11.3 %	11.6 %	11.6 %
EBIT-% (adj.)	7.8 %	9.4 %	9.9 %	8.2 %	8.3 %	8.7 %	8.9 %	9.0 %
EBIT-%	1.3 %	4.2 %	5.3 %	4.5 %	4.4 %	5.3 %	6.0 %	6.5 %
ROE	-3.8 %	4.2 %	-4.1 %	4.5 %	5.1 %	6.9 %	8.8 %	10.0 %
ROI	1.5 %	6.2 %	8.4 %	8.5 %	7.7 %	10.1 %	12.3 %	14.3 %

Valuation

	2020	2021	2022	2023	2024e	2025e	2026e	2027e
Share price (EUR)			5.38	5.18	5.46	5.46	5.46	5.46
Shares	0.2	0.2	6.4	7.3	7.3	7.3	7.3	7.3
Market cap			34.7	37.8	39.8	39.8	39.8	39.8
Enterprise value			40.8	48.3	47.6	44.7	41.9	38.8
EV/S	-	-	1.1	0.9	0.9	0.8	0.7	0.6
EV/EBITDA	-	-	9.3	8.1	7.9	6.9	6.1	5.5
EV/EBIT (adj.)	-	-	11.1	10.7	10.4	9.0	8.0	7.1
EV/EBIT	-	-	20.7	19.7	19.7	14.8	11.9	9.9
P/E (adj.)	-	-	18.3	15.5	14.4	13.0	11.5	10.7
P/E	-	-	-	48.0	37.6	26.2	19.3	15.9
P/B	-	-	2.3	1.9	1.9	1.8	1.7	1.5
P/S	-	-	0.9	0.7	0.7	0.7	0.7	0.7
Dividend yield						1.7 %	2.0 %	2.2 %
Equity ratio	14.9 %	13.5 %	44.1 %	43.5 %	47.8 %	52.2 %	56.8 %	62.0 %
Gearing ratio	384.1 %	402.3 %	40.9 %	52.4 %	36.7 %	21.5 %	8.5 %	-3.8 %

Quarter data

	Q4/23	2023	Q2/24	Q4/24e	2024e
Revenue	31.4	54.9	24.8	30.0	54.8
EBITDA	3.4	5.9	2.9	3.1	6.0
EBIT	1.5	2.5	1.2	1.3	2.4
Profit before taxes	0.9	1.5	0.8	0.9	1.7
Net income	0.4	0.8	0.6	0.5	1.1

ShowingAll content types

Regulatory press release23 hours ago

Tamtron

5.46

EUR