Company Valuation: Valmet Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,638 4,634 4,808 4,297 5,219 3,994 - -
Change - -17.81% 3.76% -10.65% 21.48% -23.47% - -
Enterprise Value (EV) 1 5,597 5,165 5,860 5,359 6,145 5,196 4,997 4,960
Change - -7.72% 13.46% -8.56% 14.68% -15.45% -3.83% -0.74%
P/E 19.1x 13.1x 13.5x 15.3x 18.6x 11.9x 10.4x 9.35x
PBR 4.25x 1.86x 1.87x 1.65x 2.02x 1.5x 1.43x 1.38x
PEG - -4.32x 12.96x -0.7x - 0.6x 0.7x 0.8x
Capitalization / Revenue 1.43x 0.91x 0.87x 0.8x 1x 0.76x 0.75x 0.72x
EV / Revenue 1.42x 1.02x 1.06x 1x 1.18x 0.99x 0.93x 0.89x
EV / EBITDA 11.2x 8.08x 8.34x 8.02x 9.5x 7.13x 6.42x 6.03x
EV / EBIT 14x 11.8x 11.6x 11.9x 14x 10.2x 8.68x 8.33x
EV / FCF 14.5x -68x 25.8x 12x 12.9x 14.7x 11.1x 9.83x
FCF Yield 6.88% -1.47% 3.87% 8.34% 7.78% 6.78% 8.97% 10.2%
Dividend per Share 2 1.2 1.3 1.35 1.35 1.35 1.37 1.458 1.56
Rate of return 3.18% 5.17% 5.17% 5.79% 4.77% 6.32% 6.73% 7.2%
EPS 2 1.98 1.92 1.94 1.52 1.52 1.817 2.083 2.318
Distribution rate 60.6% 67.7% 69.6% 88.8% 88.8% 75.4% 70% 67.3%
Net sales 1 3,935 5,074 5,532 5,359 5,197 5,248 5,349 5,564
EBITDA 1 500 639 703 668 647 728.6 778.5 822.5
EBIT 1 399 436 507 449 438 509.3 575.8 595.2
Net income 1 296 338 357 280 280 334.7 383.9 427.2
Net Debt 1 -41 531 1,052 1,062 926 1,201 1,003 965.7
Reference price 2 37.72 25.16 26.11 23.33 28.33 21.68 21.68 21.68
Nbr of stocks (in thousands) 149,471 184,185 184,161 184,165 184,232 184,238 - -
Announcement Date 03/02/22 02/02/23 07/02/24 13/02/25 06/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.93x0.99x7.13x6.32% 4.57B
16.59x1.76x9.81x0.88% 18.39B
28.28x5.91x18.43x1.17% 16.03B
66.89x7.88x46.17x0.26% 9.43B
22.22x2.64x15.99x1.46% 8.14B
53.96x5.71x22.67x - 6.94B
23.41x3.09x11.95x1.98% 4.35B
10.57x0.49x4.54x2.85% 3.92B
36.93x4.56x19.67x - 3.72B
Average 30.09x 3.67x 17.37x 2.13% 8.39B
Weighted average by Cap. 30.20x 3.97x 18.20x 1.51%

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