Wetteri
0.315
EUR
-10 %
WETTERI
NASDAQ Helsinki
Consumer Services
Consumer Goods & Services
3,759 following
-10%
-16.22%
-14.86%
-35.19%
-42.93%
-34.1%
-17.11%
+11.7%
-43.75%
www.sijoittajat.wetteri.fi
Wetteri is a multi-brand car dealership operating in Finland. The company’s business model covers the entire vehicle dealership value chain from the dealerships of new passenger and utility vehicles to spare parts, maintenance, and repair operations as well as the trade of second-hand cars. Wetteri also sells and maintains heavy vehicles. The company's customer base consists of both private and corporate customers. Wetteri’s headquarter is in Oulu.
P/E (adj.) (24e)
-28.7
EV/EBIT (adj.) (24e)
20.58
P/B (24e)
1.1
Dividend yield-% (24e)
-
Target price
0.32 EUR
Recommendation
Sell
Updated
25.11.2024
NASDAQ Helsinki
WETTERI
Daily low / high price
0.302 / 0.35
EUR
Market cap
50.39M EUR
Turnover
60.55K EUR
Volume
184K
Business risk
Valuation risk
Current
Previous
Analyst
Thomas Westerholm
Analyst
Income statement
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 284.2 | 320.0 | 291.3 | 443.3 | 547.2 | 521.3 | 545.0 | 564.1 |
| growth-% | -2.2 % | 12.6 % | -9.0 % | 52.2 % | 23.4 % | -4.7 % | 4.6 % | 3.5 % |
| EBITDA | 14.4 | 15.3 | 12.0 | 21.0 | 21.2 | 23.5 | 27.1 | 29.4 |
| EBIT (adj.) | 6.2 | 6.6 | 6.8 | 12.0 | 8.6 | 10.6 | 13.8 | 14.4 |
| EBIT | 6.2 | 6.6 | -1.0 | 5.4 | 4.1 | 8.6 | 12.1 | 12.9 |
| Profit before taxes | 4.1 | 4.6 | -4.3 | -3.8 | -7.8 | 0.6 | 4.5 | 5.9 |
| Net income | 3.3 | 4.6 | -3.6 | -4.1 | -6.2 | 0.5 | 3.6 | 4.7 |
| EPS (adj.) | 0.02 | 0.03 | 0.03 | 0.02 | -0.01 | 0.02 | 0.03 | 0.04 |
| growth-% | 39.4 % | -8.2 % | -45.5 % | -164.4 % | 110.0 % | 18.0 % | ||
| Dividend | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 |
| Dividend ratio | 23.3 % | 32.9 % | -27.7 % | 62.3 % | 92.7 % | 83.5 % |
Profitability and return on capital
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| EBITDA-% | 5.1 % | 4.8 % | 4.1 % | 4.7 % | 3.9 % | 4.5 % | 5.0 % | 5.2 % |
| EBIT-% (adj.) | 2.2 % | 2.1 % | 2.3 % | 2.7 % | 1.6 % | 2.0 % | 2.5 % | 2.6 % |
| EBIT-% | 2.2 % | 2.1 % | -0.4 % | 1.2 % | 0.7 % | 1.7 % | 2.2 % | 2.3 % |
| ROE | 23.0 % | 26.3 % | -14.8 % | -12.7 % | -15.8 % | 1.1 % | 7.6 % | 9.5 % |
| ROI | 7.2 % | 7.8 % | -1.0 % | 3.7 % | 2.4 % | 5.0 % | 6.9 % | 7.2 % |
Valuation
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Share price (EUR) | 0.39 | 0.35 | 0.80 | 0.55 | 0.32 | 0.32 | 0.32 | 0.32 |
| Shares | 134.0 | 134.0 | 134.6 | 148.2 | 157.2 | 157.2 | 157.2 | 157.2 |
| Market cap | 52.3 | 47.2 | 107.7 | 81.8 | 49.5 | 49.5 | 49.5 | 49.5 |
| Enterprise value | 121.6 | 113.0 | 203.6 | 215.0 | 176.7 | 176.2 | 178.5 | 176.7 |
| EV/S | 0.4 | 0.4 | 0.7 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 |
| EV/EBITDA | 8.5 | 7.4 | 16.9 | 10.2 | 8.3 | 7.5 | 6.6 | 6.0 |
| EV/EBIT (adj.) | 19.6 | 17.0 | 30.1 | 18.0 | 20.6 | 16.6 | 13.0 | 12.3 |
| EV/EBIT | 19.6 | 17.0 | - | 40.2 | 43.3 | 20.5 | 14.8 | 13.7 |
| P/E (adj.) | 16.0 | 10.3 | 25.6 | 32.4 | - | 19.8 | 9.4 | 8.0 |
| P/E | 16.0 | 10.3 | - | - | - | 98.2 | 13.9 | 10.5 |
| P/B | 3.3 | 2.5 | 3.6 | 2.4 | 1.1 | 1.1 | 1.0 | 1.0 |
| P/S | 0.2 | 0.1 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Dividend yield | 1.5 % | 3.2 % | 0.9 % | 0.6 % | 6.7 % | 7.9 % | ||
| Equity ratio | 15.3 % | 17.5 % | 19.7 % | 15.9 % | 20.5 % | 21.0 % | 21.7 % | 22.2 % |
| Gearing ratio | 435.7 % | 349.5 % | 312.2 % | 388.1 % | 280.1 % | 275.8 % | 262.3 % | 251.2 % |
Quarter data
| Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 131.1 | 443.3 | 144.8 | 131.1 | 119.6 | 151.6 | 547.2 | 142.1 | 125.7 |
| EBITDA | 4.7 | 21.0 | 5.3 | 3.8 | 5.8 | 6.3 | 21.2 | 2.7 | 2.1 |
| EBIT | 0.7 | 5.4 | 1.1 | -0.7 | 1.2 | 2.5 | 4.1 | 2.7 | 2.1 |
| Profit before taxes | -2.8 | -3.8 | -1.6 | -3.9 | -2.0 | -0.3 | -7.8 | 2.7 | 2.1 |
| Net income | -3.0 | -4.1 | -1.3 | -3.7 | -1.0 | -0.2 | -6.2 | 2.7 | 2.1 |
ShowingAll content types
Wetteri, Webcast, Q3'24
Wetteri Oyj: Wetteri Plc's interim report for 1 January to 30 September 2024: 30% growth in net sales, historically poor market conditions weakened operational performance
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
Wetteri Oyj: Inside information: Wetteri Plc sells Wetteri Power Oy to Swedish Persson Invest AB, purchase price approx. EUR 32.5 million
Wetteri Oyj: Wetteri postpones the publication of the January-September interim report
Wetteri Oyj's new shares have been entered in the Trade Register
Wetteri Oyj: The liquidity providing service for Wetteri Plc's share ends
Wetteri Oyj: Change in Wetteri Plc's Management Team - Pietu Parikka appointed CFO And COO
Wetteri Oyj: Change in Wetteri Plc's Management Team
Wetteri Oyj: Insider information: Financiers granted waiver to Themis Holding Oy subgroup of Wetteri Plc
Wetteri Oyj: Wetteri completes its fifth acquisition and acquires Rinta-Jouppi's Kia and Mitsubishi businesses in Oulu, Pori and Rovaniemi
