Projected Income Statement: Hiab Oyj

Forecast Balance Sheet: Hiab Oyj

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 414 378 179 -69.9 - -189 -261 -353
Change - -8.7% -52.65% -139.05% - - -38.1% -35.25%
Announcement Date 03/02/22 02/02/23 01/02/24 12/02/25 12/02/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Hiab Oyj

Fiscal Period: December 2021 2023 2024 2026 2027 2028
CAPEX 1 80.2 81.1 65.6 39.25 40.5 38.5
Change - - -19.11% - 3.18% -4.94%
Free Cash Flow (FCF) 1 40.3 354.8 410.5 150.1 176.3 207.9
Change - - 15.7% - 17.43% 17.95%
Announcement Date 03/02/22 01/02/24 12/02/25 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Hiab Oyj

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 10.52% 13.11% 13.75% 15.86% 16.02% 15.97% 17.95% 18.64%
EBIT Margin (%) 6.98% 8.12% 11.23% 13.18% 13.68% 13.92% 15.23% 16.04%
EBT Margin (%) 10.05% 1.93% 9.91% 12.95% 12.99% 12.1% 15.11% 15.97%
Net margin (%) 7.44% 0.58% 7.59% 64.75% 10.54% 8.94% 11.32% 11.94%
FCF margin (%) 1.22% - 7.77% 24.92% - 9.59% 10.26% 11.38%
FCF / Net Income (%) 16.34% - 102.28% 38.48% - 107.25% 90.66% 95.3%

Profitability

        
ROA 6.23% - 8.1% - - - - -
ROE 17.35% - 21.2% 2% - 15.3% 16.98% 17.32%

Financial Health

        
Leverage (Debt/EBITDA) 1.19x 0.71x 0.28x - - - - -
Debt / Free cash flow 10.27x - 0.5x - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 2.42% - 1.78% 3.98% - 2.51% 2.36% 2.11%
CAPEX / EBITDA (%) 22.99% - 12.91% 25.11% - 15.7% 13.14% 11.31%
CAPEX / FCF (%) 199.01% - 22.86% 15.98% - 26.15% 22.98% 18.52%

Items per share

        
Cash flow per share 1 0.8702 - 6.779 7.387 - 3.08 3.53 3.87
Change - - - 8.97% - - 14.61% 9.63%
Dividend per Share 1 1.08 1.35 2.15 2.39 - 1.235 1.428 1.618
Change - 25% 59.26% 11.16% - - 15.59% 13.31%
Book Value Per Share 1 23.95 - 27.25 16.04 - 16.61 18.37 20.34
Change - - - -41.14% - - 10.6% 10.7%
EPS 1 3.82 0.37 5.38 16.55 2.55 2.17 3.005 3.378
Change - -90.31% 1,354.05% 207.62% -84.59% -14.9% 38.48% 12.4%
Nbr of stocks (in thousands) 64,483 64,483 64,301 63,924 64,519 64,519 64,519 64,519
Announcement Date 03/02/22 02/02/23 01/02/24 12/02/25 12/02/26 - - -
1EUR
Estimates
2026 *2027 *
P/E ratio 20x 14.5x
PBR 2.62x 2.37x
EV / Sales 1.67x 1.48x
Yield 2.84% 3.28%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
43.50EUR
Average target price
54.25EUR
Spread / Average Target
+24.71%

Quarterly revenue - Rate of surprise

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