Incap: Another blow hurts but won’t knock out
The second profit warning of the year and especially its scale was an ice-cold shower, although the risks were certainly known. We included a much more cautious scenario in our forecasts due to the prolonged inventory problems of the company’s largest customer.
Incap
6.4
8.00
Accumulate
Accumulate
Incap operates in the industrial sector. The company supplies equipment and associated services for industrial companies, where the range includes PCB assembly, system integrations, box building integration, design validation, and inspection methods. The largest operations are in the Nordic countries, the Baltics, and Asia. The company was originally established in 1985 and is headquartered in Helsinki.
Read more on company pageKey Estimate Figures08.10.2023
2022 | 23e | 24e | |
---|---|---|---|
Revenue | 263.8 | 216.1 | 236.1 |
growth-% | 55.36 % | -18.07 % | 9.23 % |
EBIT (adj.) | 40.0 | 27.0 | 28.8 |
EBIT-% (adj.) | 15.16 % | 12.47 % | 12.19 % |
EPS (adj.) | 0.98 | 0.67 | 0.71 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | 17.53 | 16.64 | 15.71 |
EV/EBITDA | 12.01 | 10.43 | 8.66 |