Financials Apetit Oyj

Equities

APETIT

FI0009003503

Food Processing

Market Closed - Nasdaq Helsinki 11:13:51 2024-04-26 am EDT 5-day change 1st Jan Change
14.25 EUR +3.26% Intraday chart for Apetit Oyj +3.26% +8.37%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 48.79 66.64 80.17 63.65 82 88.47 - -
Enterprise Value (EV) 1 82.49 87.24 105 50.95 76.1 81.87 82.27 88.47
P/E ratio -11 x 20.6 x 33.8 x 12.3 x 8.48 x 14 x 14.7 x 14.4 x
Yield 5.74% 4.67% 3.11% 4.9% 5.7% 5.26% 5.26% 5.26%
Capitalization / Revenue 0.16 x 0.23 x 0.28 x 0.27 x 0.47 x 0.53 x 0.51 x 0.49 x
EV / Revenue 0.28 x 0.3 x 0.37 x 0.22 x 0.43 x 0.49 x 0.47 x 0.49 x
EV / EBITDA 33 x 8.64 x 11.4 x 4.11 x 5.77 x 6.55 x 6.23 x 6.41 x
EV / FCF -4.53 x 4.62 x -65.6 x 2.18 x 34.6 x 51.2 x 27.4 x 28.5 x
FCF Yield -22.1% 21.7% -1.52% 45.9% 2.89% 1.95% 3.65% 3.5%
Price to Book 0.52 x 0.7 x 0.86 x 0.66 x 0.79 x 0.86 x 0.84 x -
Nbr of stocks (in thousands) 6,223 6,228 6,239 6,240 6,236 6,209 - -
Reference price 2 7.840 10.70 12.85 10.20 13.15 14.25 14.25 14.25
Announcement Date 2/21/20 2/19/21 2/17/22 2/16/23 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 1 296.9 292.9 283.9 231.8 175.5 167.1 173.3 179
EBITDA 1 2.5 10.1 9.2 12.4 13.2 12.5 13.2 13.8
EBIT 1 -4.8 3.9 2.8 6.2 7.5 6.5 6.7 7.1
Operating Margin -1.62% 1.33% 0.99% 2.67% 4.27% 3.89% 3.87% 3.97%
Earnings before Tax (EBT) 1 -6.4 3.7 2.9 6.3 11.3 7.9 7.4 7.6
Net income 1 -4.4 3.2 2.4 5.2 9.7 6.5 6.1 6.3
Net margin -1.48% 1.09% 0.85% 2.24% 5.53% 3.89% 3.52% 3.52%
EPS 2 -0.7100 0.5200 0.3800 0.8300 1.550 1.020 0.9700 0.9900
Free Cash Flow 1 -18.2 18.9 -1.6 23.4 2.2 1.6 3 3.1
FCF margin -6.13% 6.45% -0.56% 10.09% 1.25% 0.96% 1.73% 1.73%
FCF Conversion (EBITDA) - 187.13% - 188.71% 16.67% 12.8% 22.73% 22.46%
FCF Conversion (Net income) - 590.62% - 450% 22.68% 24.62% 49.18% 49.21%
Dividend per Share 2 0.4500 0.5000 0.4000 0.5000 0.7500 0.7500 0.7500 0.7500
Announcement Date 2/21/20 2/19/21 2/17/22 2/16/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 161.4 64.5 83 42.5 47.3 - 45.5 46.6 48.2 45 39.7 42.6 43.5 40.9 39.7 43
EBITDA 1 1.6 4.2 2.2 1.2 0.4 - 3.4 4.4 3.4 2 4 3.7 3.3 1.6 4 3.7
EBIT 1 - 2.6 0.5 -0.2 -1 -1.2 1.9 2.9 2 0.7 2.7 2.2 1.8 0.1 2.5 2
Operating Margin - 4.03% 0.6% -0.47% -2.11% - 4.18% 6.22% 4.15% 1.56% 6.8% 5.16% 4.14% 0.24% 6.3% 4.65%
Earnings before Tax (EBT) 1 -1.8 2 1.3 -0.8 -1.1 - 2.75 - 2.4 1 - 3.9 2.1 0.4 2.8 2.7
Net income 1 - 2.3 1.2 -0.5 -0.9 - 1.1 3.5 2 0.8 3.5 3.4 1.7 0.3 2.3 2.2
Net margin - 3.57% 1.45% -1.18% -1.9% - 2.42% 7.51% 4.15% 1.78% 8.82% 7.98% 3.91% 0.73% 5.79% 5.12%
EPS 2 0.0600 0.3700 0.1900 -0.0800 -0.1400 - 0.1700 0.5700 0.3200 0.1300 0.5600 0.5500 0.2700 0.0500 0.3600 0.3500
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 2/21/20 10/29/21 2/17/22 4/26/22 8/18/22 8/18/22 10/25/22 2/16/23 4/25/23 8/17/23 10/26/23 2/15/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 33.7 20.6 24.8 - - - - -
Net Cash position 1 - - - 12.7 5.9 6.6 6.2 -
Leverage (Debt/EBITDA) 13.48 x 2.04 x 2.696 x - - - - -
Free Cash Flow 1 -18.2 18.9 -1.6 23.4 2.2 1.6 3 3.1
ROE (net income / shareholders' equity) -4.5% 3.4% 2.5% 5.49% 9.72% 6.2% 5.8% -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 15.10 15.30 15.00 15.40 16.60 16.70 16.90 -
Cash Flow per Share 2 -0.9500 4.310 0.8000 4.550 1.550 1.750 1.750 -
Capex 1 12.3 7.9 6.6 5 7.5 9.4 8 8.4
Capex / Sales 4.14% 2.7% 2.32% 2.16% 4.27% 5.63% 4.62% 4.69%
Announcement Date 2/21/20 2/19/21 2/17/22 2/16/23 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
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
1
Last Close Price
14.25 EUR
Average target price
13.5 EUR
Spread / Average Target
-5.26%
Consensus