LASSILA & TIKANOJA OYJ |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.6 EUR | -3.80% |
|
-2.71% | -12.24% |
| Apr. 26 | Transcript : Lassila & Tikanoja Oyj, Q1 2024 Earnings Call, Apr 26, 2024 | |
| Apr. 26 | Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 599.6 | 573.9 | 512.2 | 405.9 | 373.9 | 328.3 | - | - |
| Enterprise Value (EV) 1 | 735.2 | 710.4 | 679.3 | 573.2 | 534.8 | 502.7 | 484.2 | 476.3 |
| P/E ratio | 17.5 x | 30.1 x | 14.9 x | 12.8 x | 12.4 x | 11.1 x | 9.3 x | 8.98 x |
| Yield | 5.84% | 2.66% | 3.42% | 4.42% | 5% | 5.7% | 6.05% | 6.98% |
| Capitalization / Revenue | 0.76 x | 0.76 x | 0.63 x | 0.48 x | 0.47 x | 0.41 x | 0.4 x | 0.39 x |
| EV / Revenue | 0.94 x | 0.94 x | 0.84 x | 0.68 x | 0.67 x | 0.63 x | 0.59 x | 0.57 x |
| EV / EBITDA | 7.4 x | 8.34 x | 7.14 x | 5.83 x | 5.58 x | 5.21 x | 4.68 x | 4.55 x |
| EV / FCF | 12.9 x | 18.7 x | 29.2 x | 15.1 x | 16.5 x | 17 x | 10.1 x | 9.96 x |
| FCF Yield | 7.74% | 5.35% | 3.43% | 6.63% | 6.08% | 5.88% | 9.88% | 10% |
| Price to Book | 2.95 x | 2.98 x | 2.44 x | 1.84 x | 1.61 x | 1.34 x | 1.26 x | 1.18 x |
| Nbr of stocks (in thousands) | 38,094 | 38,105 | 38,112 | 38,146 | 38,154 | 38,176 | - | - |
| Reference price 2 | 15.74 | 15.06 | 13.44 | 10.64 | 9.800 | 8.600 | 8.600 | 8.600 |
| Announcement Date | 1/29/20 | 1/28/21 | 1/27/22 | 2/9/23 | 2/9/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 784.3 | 751.9 | 812.5 | 844.1 | 802.1 | 800.3 | 822.3 | 840.7 |
| EBITDA 1 | 99.4 | 85.2 | 95.1 | 98.3 | 95.8 | 96.46 | 103.4 | 104.7 |
| EBIT 1 | 40.5 | 39 | 42.4 | 40.9 | 39 | 41.26 | 46.83 | 48.36 |
| Operating Margin | 5.16% | 5.19% | 5.22% | 4.85% | 4.86% | 5.16% | 5.69% | 5.75% |
| Earnings before Tax (EBT) 1 | 42 | 23.3 | 39 | 37.8 | 35.7 | 36.4 | 43.45 | 44.95 |
| Net income 1 | 34.7 | 19.1 | 34.4 | 31.5 | 30.1 | 29.6 | 35.17 | 36.45 |
| Net margin | 4.42% | 2.54% | 4.23% | 3.73% | 3.75% | 3.7% | 4.28% | 4.34% |
| EPS 2 | 0.9000 | 0.5000 | 0.9000 | 0.8300 | 0.7900 | 0.7769 | 0.9249 | 0.9578 |
| Free Cash Flow 1 | 56.9 | 38 | 23.3 | 38 | 32.5 | 29.55 | 47.85 | 47.8 |
| FCF margin | 7.25% | 5.05% | 2.87% | 4.5% | 4.05% | 3.69% | 5.82% | 5.69% |
| FCF Conversion (EBITDA) | 57.24% | 44.6% | 24.5% | 38.66% | 33.92% | 30.64% | 46.28% | 45.66% |
| FCF Conversion (Net income) | 163.98% | 198.95% | 67.73% | 120.63% | 107.97% | 99.83% | 136.07% | 131.15% |
| Dividend per Share 2 | 0.9200 | 0.4000 | 0.4600 | 0.4700 | 0.4900 | 0.4900 | 0.5200 | 0.6000 |
| Announcement Date | 1/29/20 | 1/28/21 | 1/27/22 | 2/9/23 | 2/9/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 223.5 | 210.4 | 219.1 | 204.4 | 210.1 | 192.7 | 207.5 | 200.9 | 200.9 | 185 | 206.8 | 202.2 | 203.4 |
| EBITDA 1 | 23.2 | - | 24.2 | 34.1 | 26.5 | 15.4 | 23.2 | 36.7 | 20.5 | 12.1 | 26 | 33.3 | 22.3 |
| EBIT 1 | 10.1 | - | 11 | 20.3 | 9.6 | 1.4 | 9.2 | 21.2 | 7.2 | - | 11.6 | 19.75 | 8.55 |
| Operating Margin | 4.52% | - | 5.02% | 9.93% | 4.57% | 0.73% | 4.43% | 10.55% | 3.58% | - | 5.61% | 9.77% | 4.2% |
| Earnings before Tax (EBT) 1 | 9.1 | - | 8.4 | 18.4 | 12.2 | 1.4 | 9.1 | 19.6 | 5.7 | -1.4 | 10.7 | 17.8 | 7.3 |
| Net income 1 | 10 | - | 6.4 | 14.6 | 11.2 | 1.2 | 8.1 | 15.6 | 5.1 | -0.8 | 8.6 | 14.2 | 5.8 |
| Net margin | 4.47% | - | 2.92% | 7.14% | 5.33% | 0.62% | 3.9% | 7.77% | 2.54% | -0.43% | 4.16% | 7.02% | 2.85% |
| EPS 2 | 0.2600 | -0.0200 | 0.1700 | 0.3800 | 0.2900 | 0.0300 | 0.2100 | 0.4100 | 0.1300 | -0.0200 | 0.2300 | 0.3800 | 0.1600 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 1/27/22 | 4/27/22 | 7/22/22 | 10/27/22 | 2/9/23 | 5/3/23 | 7/26/23 | 10/26/23 | 2/9/24 | 4/26/24 | - | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 136 | 137 | 167 | 167 | 161 | 174 | 156 | 148 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.364 x | 1.602 x | 1.757 x | 1.702 x | 1.68 x | 1.808 x | 1.507 x | 1.414 x |
| Free Cash Flow 1 | 56.9 | 38 | 23.3 | 38 | 32.5 | 29.6 | 47.9 | 47.8 |
| ROE (net income / shareholders' equity) | 16.8% | 14.1% | 17.1% | 14.6% | 13.3% | 12.5% | 13.9% | 14% |
| ROA (Net income/ Total Assets) | 6.06% | 3.23% | 5.58% | 4.87% | 4.67% | 4.66% | 5.37% | 5.59% |
| Assets 1 | 572.4 | 591.3 | 615.9 | 646.4 | 644.4 | 634.9 | 655.2 | 651.6 |
| Book Value Per Share 2 | 5.330 | 5.050 | 5.520 | 5.780 | 6.090 | 6.400 | 6.840 | 7.300 |
| Cash Flow per Share 2 | 2.460 | 2.180 | 1.720 | 1.880 | 2.450 | 2.160 | 2.520 | - |
| Capex 1 | 37.6 | 45 | 42.3 | 33.8 | 61.1 | 56.2 | 47.5 | 48.1 |
| Capex / Sales | 4.79% | 5.98% | 5.21% | 4% | 7.62% | 7.02% | 5.78% | 5.72% |
| Announcement Date | 1/29/20 | 1/28/21 | 1/27/22 | 2/9/23 | 2/9/24 | - | - | - |
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
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
8.6
EUR
Average target price
10
EUR
Spread / Average Target
+16.28%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -12.24% | 350M | |
| +9.52% | 42.18B | |
| -4.13% | 12.05B | |
| +5.38% | 5.23B | |
| -6.56% | 4.3B | |
| -1.12% | 3.87B | |
| -1.76% | 2.41B | |
| +6.17% | 2.07B | |
| -7.29% | 1.51B | |
| +2.34% | 1.42B |
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