Financials Orthex Oyj

Equities

ORTHEX

FI4000480504

Commodity Chemicals

Market Closed - Nasdaq Helsinki 17:00:00 20/06/2024 BST 5-day change 1st Jan Change
7.2 EUR +0.56% Intraday chart for Orthex Oyj +1.69% +33.33%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 196.1 83.02 95.9 127.9 - -
Enterprise Value (EV) 1 221.9 109.1 95.9 146.8 143.4 143.9
P/E ratio 31.5 x 39 x 13.8 x 16.4 x 13.8 x 12.3 x
Yield 1.63% 2.35% - 3.43% 3.94% 4.58%
Capitalization / Revenue 2.21 x 0.99 x 1.12 x 1.4 x 1.31 x 1.23 x
EV / Revenue 2.5 x 1.3 x 1.12 x 1.61 x 1.47 x 1.38 x
EV / EBITDA 15 x 11.7 x 6.44 x 9.14 x 8.03 x 7.5 x
EV / FCF 53.1 x 41.6 x - 15.8 x 16.3 x 14.2 x
FCF Yield 1.88% 2.41% - 6.34% 6.14% 7.06%
Price to Book 6.17 x 2.79 x - 3.32 x 2.94 x 2.75 x
Nbr of stocks (in thousands) 17,759 17,759 17,759 17,759 - -
Reference price 2 11.04 4.675 5.400 7.200 7.200 7.200
Announcement Date 09/03/22 08/03/23 05/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 75.86 88.7 84 85.9 91.42 97.58 104
EBITDA 1 - 14.8 9.3 14.9 16.06 17.85 19.18
EBIT 1 - 9.3 5.2 10.8 11.87 13.57 14.75
Operating Margin - 10.48% 6.19% 12.57% 12.99% 13.9% 14.18%
Earnings before Tax (EBT) 1 - 7.664 3.009 - 9.933 11.76 13
Net income 1 7.692 6.035 2.121 - 7.796 9.308 10.31
Net margin 10.14% 6.8% 2.53% - 8.53% 9.54% 9.92%
EPS 2 - 0.3500 0.1200 0.3900 0.4394 0.5227 0.5833
Free Cash Flow 1 - 4.182 2.624 - 9.3 8.8 10.15
FCF margin - 4.71% 3.12% - 10.17% 9.02% 9.76%
FCF Conversion (EBITDA) - 28.26% 28.22% - 57.89% 49.29% 52.93%
FCF Conversion (Net income) - 69.3% 123.72% - 119.29% 94.55% 98.41%
Dividend per Share 2 - 0.1800 0.1100 - 0.2467 0.2833 0.3300
Announcement Date 22/03/21 09/03/22 08/03/23 05/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2021 S2 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 23.1 44.88 20.58 21.01 22.1 20.4 20.48 20.15 21.9 23.4 22.01 21.85 23.25 24.2
EBITDA 1 2.8 - 2.762 0.8 3.2 2.6 3.406 3.11 4.5 3.9 3.822 3.05 4.7 4.4
EBIT 1 1.7 4.932 1.781 -0.34 2.2 1.6 2.368 2.054 3.5 2.9 2.759 2 3.65 3.35
Operating Margin 7.36% 10.99% 8.66% -1.62% 9.95% 7.84% 11.57% 10.2% 15.98% 12.39% 12.54% 9.15% 15.7% 13.84%
Earnings before Tax (EBT) 1 1.237 4.048 1.433 -0.772 1.505 0.843 1.696 1.325 3.181 - 2.073 1.35 2.9 2.65
Net income 1 1.012 3.229 1.125 -0.619 1.272 0.344 1.319 1.066 2.383 - 1.563 1.2 2.55 2.3
Net margin 4.38% 7.19% 5.47% -2.95% 5.76% 1.69% 6.44% 5.29% 10.88% - 7.1% 5.49% 10.97% 9.5%
EPS 2 0.0600 0.1900 0.0600 -0.0300 0.0700 0.0200 0.0700 0.0600 0.1300 0.1200 0.0900 0.0650 0.1400 0.1300
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 09/03/22 09/03/22 11/05/22 25/08/22 11/11/22 08/03/23 17/05/23 24/08/23 07/11/23 05/03/24 15/05/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 25.9 26 - 18.9 15.5 16
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 1.749 x 2.799 x - 1.176 x 0.8676 x 0.8344 x
Free Cash Flow 1 - 4.18 2.62 - 9.3 8.8 10.2
ROE (net income / shareholders' equity) - 24.7% 6.9% - 21.4% 22.7% 21.5%
ROA (Net income/ Total Assets) - 7.35% 2.49% - 8.25% 9.15% 9.7%
Assets 1 - 82.11 85.34 - 94.45 101.7 106.3
Book Value Per Share 2 - 1.790 1.670 - 2.170 2.450 2.620
Cash Flow per Share 2 - 0.5200 0.4000 - 0.8300 0.7900 -
Capex 1 - 4.8 3.55 - 3.39 3.79 4.47
Capex / Sales - 5.41% 4.23% - 3.71% 3.88% 4.3%
Announcement Date 22/03/21 09/03/22 08/03/23 05/03/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
7.2 EUR
Average target price
7.35 EUR
Spread / Average Target
+2.08%
Consensus