Financials Kojamo Oyj

Equities

KOJAMO

FI4000312251

Real Estate Development & Operations

Market Closed - Nasdaq Helsinki 11:29:56 2024-04-26 am EDT 5-day change 1st Jan Change
10.45 EUR +3.57% Intraday chart for Kojamo Oyj +4.81% -12.18%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,004 4,473 5,249 3,411 2,941 2,583 - -
Enterprise Value (EV) 1 6,611 7,316 8,387 6,969 6,527 6,034 5,992 6,046
P/E ratio 4.85 x 14.3 x 5.13 x -8.52 x -33.1 x 16 x 18 x 12.9 x
Yield 2.1% 2.04% 1.79% 2.83% 3.28% 1.67% 3.37% 3.52%
Capitalization / Revenue 10.7 x 11.7 x 13.4 x 8.25 x 6.65 x 5.53 x 5.36 x 5.24 x
EV / Revenue 17.6 x 19.1 x 21.4 x 16.9 x 14.8 x 12.9 x 12.4 x 12.3 x
EV / EBITDA 31.4 x 32.9 x 36.7 x 29 x 25.6 x 22 x 21.1 x 21.2 x
EV / FCF 60 x -31.6 x -43.3 x -20.1 x -135 x 61.9 x 90.8 x 335 x
FCF Yield 1.67% -3.16% -2.31% -4.97% -0.74% 1.62% 1.1% 0.3%
Price to Book 1.29 x 1.35 x 1.23 x 0.89 x 0.81 x 0.68 x 0.66 x 0.63 x
Nbr of stocks (in thousands) 247,144 247,144 247,144 247,144 247,144 247,144 - -
Reference price 2 16.20 18.10 21.24 13.80 11.90 10.45 10.45 10.45
Announcement Date 2/13/20 2/18/21 2/17/22 2/15/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 375.3 383.9 391.7 413.3 442.2 466.9 481.8 493.3
EBITDA 1 210.3 222.6 228.5 240.4 255.1 274.7 283.7 285.6
EBIT 1 209.5 220.5 228 239.2 253.8 271.8 282.2 282.8
Operating Margin 55.82% 57.44% 58.21% 57.88% 57.39% 58.21% 58.57% 57.33%
Earnings before Tax (EBT) 1 1,031 391.2 1,279 -499.8 -112.3 192.4 193.3 247.1
Net income 1 825.2 312.9 1,023 -399.8 -89 112.6 143.1 201
Net margin 219.88% 81.51% 261.27% -96.73% -20.13% 24.12% 29.7% 40.74%
EPS 2 3.340 1.270 4.140 -1.620 -0.3600 0.6530 0.5790 0.8105
Free Cash Flow 1 110.1 -231.3 -193.7 -346.2 -48.3 97.5 66 18.05
FCF margin 29.34% -60.25% -49.45% -83.76% -10.92% 20.88% 13.7% 3.66%
FCF Conversion (EBITDA) 52.35% - - - - 35.5% 23.26% 6.32%
FCF Conversion (Net income) 13.34% - - - - 86.59% 46.12% 8.98%
Dividend per Share 2 0.3400 0.3700 0.3800 0.3900 0.3900 0.1750 0.3525 0.3675
Announcement Date 2/13/20 2/18/21 2/17/22 2/15/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 98.1 99.6 99.5 100.5 105.4 107.9 108.2 108.9 111.5 113.5 114.4 115.4 117.4 118.9 120
EBITDA 1 65.2 57 47.7 62.9 69.3 60.6 49.9 68 73.8 63.3 54 71 75 65 56
EBIT 1 65 56.6 47.4 62.6 69 60.3 49.6 67.7 73.5 63 54 71 75 65 56
Operating Margin 66.26% 56.83% 47.64% 62.29% 65.46% 55.89% 45.84% 62.17% 65.92% 55.51% 47.2% 61.55% 63.88% 54.67% 46.67%
Earnings before Tax (EBT) 1 69.3 662.9 62.9 94.8 90.8 -748.3 24 71.7 -88.5 -119.5 30.3 49.65 54.55 41.45 31
Net income 1 55.4 530.3 50.4 75.9 72.6 -598.8 19.2 57.3 -70.8 -94.7 26.25 41.95 46.05 34.55 23
Net margin 56.47% 532.43% 50.65% 75.52% 68.88% -554.96% 17.74% 52.62% -63.5% -83.44% 22.94% 36.36% 39.22% 29.06% 19.17%
EPS 2 0.2200 2.150 0.2000 0.3100 0.2900 -2.420 0.0800 0.2300 -0.2900 -0.3800 0.1050 0.1700 0.1850 0.1400 0.0900
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/4/21 2/17/22 5/12/22 8/18/22 11/3/22 2/15/23 5/11/23 8/17/23 11/2/23 2/15/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,607 2,843 3,138 3,559 3,586 3,451 3,409 3,464
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 12.4 x 12.77 x 13.73 x 14.8 x 14.06 x 12.57 x 12.02 x 12.13 x
Free Cash Flow 1 110 -231 -194 -346 -48.3 97.5 66 18.1
ROE (net income / shareholders' equity) 30.3% 9.8% 27% -9.9% -2.4% 4.11% 4.02% 5.1%
ROA (Net income/ Total Assets) 13.7% 4.52% 12.8% -4.65% -1.07% 2.07% 2.06% 1.94%
Assets 1 6,038 6,926 7,989 8,600 8,320 5,446 6,959 10,381
Book Value Per Share 2 12.50 13.40 17.30 15.60 14.70 15.30 15.80 16.50
Cash Flow per Share 0.5700 - - - - - - -
Capex 1 30.7 379 345 505 202 86.2 52.4 102
Capex / Sales 8.18% 98.72% 88.1% 122.24% 45.59% 18.46% 10.88% 20.6%
Announcement Date 2/13/20 2/18/21 2/17/22 2/15/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
10.45 EUR
Average target price
11.31 EUR
Spread / Average Target
+8.27%
Consensus