Still in search of a more stable opportunity to buy
We reiterate our Reduce recommendation for Koskisen and revise our target price to EUR 7.00 (was EUR 6.75). The Q1 report was broadly in line with our expectations and caused only marginal but positive changes to our forecasts for the near term.
Koskisen
Koskisen is active in the forest industry. The company specializes in the manufacture and distribution of industrial wood products. The company's product portfolio is broad and mainly includes wood products such as sawn wood, plywood, chipboard, and veneer. The business is run via various business segments and the customers can be found in a number of industries around the global market. The largest presence is found in Finland. The company was founded in 1909 and has its headquarters in Järvelä, Finland.
Read more on company pageKey Estimate Figures14.05
2023 | 24e | 25e | |
---|---|---|---|
Revenue | 271.2 | 290.9 | 338.5 |
growth-% | -14.62 % | 7.27 % | 16.34 % |
EBIT (adj.) | 24.4 | 18.7 | 22.3 |
EBIT-% (adj.) | 8.99 % | 6.42 % | 6.59 % |
EPS (adj.) | 0.88 | 0.59 | 0.73 |
Dividend | 0.30 | 0.32 | 0.32 |
Dividend % | 5.00 % | 4.75 % | 4.75 % |
P/E (adj.) | 6.83 | 11.44 | 9.25 |
EV/EBITDA | 4.43 | 5.72 | 4.85 |