Vaisala
52.7
EUR
-0.75 %
Corporate customer
VAIAS
NASDAQ Helsinki
Hardware Manufacturer
Technology
7,158 following
Income statement
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 332.5 | 348.8 | 403.6 | 379.5 | 438.0 | 514.2 | 540.4 | 565.1 | 640.0 | 688.9 | 727.1 |
growth-% | 4.9 % | 15.7 % | -6.0 % | 15.4 % | 17.4 % | 5.1 % | 4.6 % | 13.3 % | 7.7 % | 5.5 % | |
EBITDA | 50.6 | 51.0 | 64.6 | 65.9 | 71.8 | 86.1 | 90.9 | 106.1 | 122.2 | 131.3 | 140.5 |
EBIT (adj.) | 41.7 | 42.6 | 53.7 | 52.1 | 63.6 | 70.7 | 74.7 | 89.7 | 104.9 | 113.7 | 122.6 |
EBIT | 40.9 | 38.9 | 41.1 | 44.8 | 50.1 | 62.5 | 66.6 | 82.9 | 93.1 | 108.7 | 117.6 |
Profit before taxes | 38.2 | 37.5 | 40.1 | 41.3 | 48.5 | 59.6 | 63.2 | 82.6 | 92.1 | 107.7 | 116.6 |
Net income | 27.3 | 29.5 | 33.6 | 32.8 | 41.2 | 45.0 | 49.0 | 64.7 | 72.8 | 85.1 | 92.1 |
EPS (adj.) | 0.77 | 0.89 | 1.19 | 1.06 | 1.50 | 1.43 | 1.53 | 1.94 | 2.27 | 2.46 | 2.65 |
growth-% | 15.3 % | 34.1 % | -11.1 % | 41.4 % | -4.8 % | 7.5 % | 26.3 % | 17.4 % | 8.1 % | 7.8 % | |
Dividend | 0.53 | 0.58 | 0.61 | 0.61 | 0.68 | 0.72 | 0.75 | 0.79 | 0.83 | 0.86 | 0.90 |
Dividend ratio | 70.2 % | 71.6 % | 66.1 % | 67.7 % | 60.2 % | 58.0 % | 55.5 % | 44.3 % | 41.3 % | 36.6 % | 35.4 % |
Profitability and return on capital
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
EBITDA-% | 15.2 % | 14.6 % | 16.0 % | 17.4 % | 16.4 % | 16.7 % | 16.8 % | 18.8 % | 19.1 % | 19.1 % | 19.3 % |
EBIT-% (adj.) | 12.5 % | 12.2 % | 13.3 % | 13.7 % | 14.5 % | 13.8 % | 13.8 % | 15.9 % | 16.4 % | 16.5 % | 16.9 % |
EBIT-% | 12.3 % | 11.2 % | 10.2 % | 11.8 % | 11.4 % | 12.2 % | 12.3 % | 14.7 % | 14.6 % | 15.8 % | 16.2 % |
ROE | 16.0 % | 17.6 % | 16.3 % | 18.9 % | 18.7 % | 18.9 % | 22.6 % | 22.2 % | 22.6 % | 21.2 % | |
ROI | 19.0 % | 17.4 % | 17.5 % | 18.5 % | 21.1 % | 20.8 % | 22.9 % | 23.6 % | 27.2 % | 27.0 % |
Valuation
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Share price (EUR) | 44.50 | 16.50 | 31.75 | 40.35 | 46.35 | 39.80 | 40.30 | 52.70 | 52.70 | 52.70 | 52.70 |
Shares | 18.2 | 36.4 | 36.4 | 36.4 | 36.4 | 36.3 | 36.3 | 36.3 | 36.3 | 36.3 | 36.3 |
Market cap | 810.7 | 601.2 | 1,156.8 | 1,470.2 | 1,688.8 | 1,442.8 | 1,460.9 | 1,910.4 | 1,910.4 | 1,910.4 | 1,910.4 |
Enterprise value | 719.4 | 569.0 | 1,152.0 | 1,481.9 | 1,661.1 | 1,450.6 | 1,432.5 | 1,931.4 | 1,880.1 | 1,824.0 | 1,761.8 |
EV/S | 2.2 | 1.6 | 2.9 | 3.9 | 3.8 | 2.8 | 2.7 | 3.4 | 2.9 | 2.6 | 2.4 |
EV/EBITDA | 14.2 | 11.2 | 17.8 | 22.5 | 23.2 | 16.9 | 15.8 | 18.2 | 15.4 | 13.9 | 12.5 |
EV/EBIT (adj.) | 17.3 | 13.4 | 21.5 | 28.5 | 26.1 | 20.5 | 19.2 | 21.5 | 17.9 | 16.0 | 14.4 |
EV/EBIT | 17.6 | 14.6 | 28.0 | 33.1 | 33.1 | 23.2 | 21.5 | 23.3 | 20.2 | 16.8 | 15.0 |
P/E (adj.) | 57.7 | 18.6 | 26.6 | 38.1 | 30.9 | 27.9 | 26.3 | 27.2 | 23.2 | 21.4 | 19.9 |
P/E | 59.5 | 20.4 | 34.4 | 44.8 | 41.0 | 32.0 | 29.8 | 29.5 | 26.2 | 22.5 | 20.7 |
P/B | 4.4 | 3.3 | 5.8 | 7.2 | 7.4 | 5.8 | 5.5 | 6.3 | 5.5 | 4.7 | 4.1 |
P/S | 2.4 | 1.7 | 2.9 | 3.9 | 3.9 | 2.8 | 2.7 | 3.4 | 3.0 | 2.8 | 2.6 |
Dividend yield | 1.2 % | 3.5 % | 1.9 % | 1.5 % | 1.5 % | 1.8 % | 1.9 % | 1.5 % | 1.6 % | 1.6 % | 1.7 % |
Equity ratio | 68.9 % | 54.7 % | 54.9 % | 58.4 % | 56.5 % | 57.0 % | 60.5 % | 59.6 % | 66.6 % | 74.5 % | 76.4 % |
Gearing ratio | -49.2 % | -17.6 % | -2.4 % | 5.7 % | -12.0 % | 3.2 % | -10.5 % | 6.9 % | -8.7 % | -21.4 % | -31.9 % |
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 147.4 | 540.4 | 112.1 | 148.4 | 136.6 | 168.0 | 565.1 | 130.9 | 166.4 |
EBITDA | 22.4 | 90.9 | 12.8 | 29.4 | 30.0 | 33.9 | 106.1 | 19.0 | 30.9 |
EBIT | 16.3 | 66.6 | 7.1 | 23.7 | 24.1 | 28.0 | 82.9 | 11.9 | 23.8 |
Profit before taxes | 16.1 | 63.2 | 6.6 | 23.1 | 24.5 | 28.3 | 82.6 | 11.6 | 23.5 |
Net income | 12.9 | 49.0 | 5.2 | 17.9 | 19.2 | 22.4 | 64.7 | 9.1 | 18.5 |