Company Valuation: Hiab Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 2,827 2,664 3,389 3,265 3,195 3,201 - -
Change - -5.75% 27.18% -3.64% -2.15% 0.2% - -
Enterprise Value (EV) 1 3,241 3,042 3,567 3,195 2,986 3,024 2,947 2,849
Change - -6.12% 17.25% -10.43% -6.56% 1.29% -2.56% -3.32%
P/E ratio 11.5x 112x 9.8x 3.09x 19.4x 21.8x 15.9x 14.2x
PBR 1.83x - 1.93x 3.18x 3.16x 2.97x 2.67x 2.41x
PEG - -1.2x 0x 0x -0.2x -2x 0.4x 1.2x
Capitalization / Revenue 0.85x 0.65x 0.74x 1.98x 2.05x 2.01x 1.83x 1.73x
EV / Revenue 0.98x 0.74x 0.78x 1.94x 1.92x 1.9x 1.69x 1.54x
EV / EBITDA 9.29x 5.68x 5.68x 12.2x 12x 12x 9.27x 8.18x
EV / EBIT 14x 9.16x 6.95x 14.7x 14x 13.9x 10.9x 9.51x
EV / FCF 80.4x - 10.1x 7.78x 17.4x 26x 17.3x 14.1x
FCF Yield 1.24% - 9.95% 12.8% 5.76% 3.85% 5.78% 7.11%
Dividend per Share 2 1.08 1.35 2.15 2.39 2.33 1.245 1.44 1.635
Rate of return 2.46% 3.27% 4.08% 4.68% 4.71% 2.51% 2.9% 3.3%
EPS 2 3.82 0.37 5.38 16.55 2.55 2.272 3.125 3.488
Distribution rate 28.3% 365% 40% 14.4% 91.4% 54.8% 46.1% 46.9%
Net sales 1 3,315 4,089 4,569 1,647 1,556 1,592 1,748 1,855
EBITDA 1 348.9 536 628.2 261.2 249.3 251.5 317.8 348.5
EBIT 1 231.5 332.1 513.3 217.1 212.9 217.2 269.8 299.8
Net income 1 246.7 23.9 346.9 1,067 164 146.8 201.8 225.3
Net Debt 1 414 378 178.6 -69.9 -209.2 -177 -254.5 -352.2
Reference price 2 43.84 41.32 52.70 51.08 49.52 49.62 49.62 49.62
Nbr of stocks (in thousands) 64,483 64,483 64,301 63,924 64,519 64,519 - -
Announcement Date 03/02/22 02/02/23 01/02/24 12/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.84x1.9x12.03x2.51% 3.71B
19.28x1.73x14.38x2.9% 57.57B
27.8x1.8x19.84x1.29% 38.63B
15.86x1.62x9.04x3.03% 35.89B
12.44x1.06x11.23x4.56% 34.62B
32.23x4.7x18.75x1.54% 32.06B
14.44x1.58x11.31x1.88% 20.05B
23.55x2.16x11.79x2.12% 19.06B
30.4x - - 0.76% 15.43B
21.03x2.37x12.66x2.86% 14.38B
Average 21.89x 2.10x 13.45x 2.35% 27.14B
Weighted average by Cap. 21.40x 2.07x 14.01x 2.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield