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 3,687 - -
Change - -5.75% 27.18% -3.64% -2.15% 15.41% - -
Enterprise Value (EV) 1 3,241 3,042 3,567 3,195 2,986 4,404 4,273 4,110
Change - -6.12% 17.25% -10.43% -6.56% 47.5% -2.99% -3.81%
P/E ratio 11.5x 112x 9.8x 3.09x 19.4x 25.5x 16.4x 14.3x
PBR 1.83x - 1.93x 3.18x 3.16x 3.43x 3.01x 2.67x
PEG - -1.2x 0x 0x -0.2x -2.1x 0.3x 1x
Capitalization / Revenue 0.85x 0.65x 0.74x 1.98x 2.05x 2.1x 1.67x 1.56x
EV / Revenue 0.98x 0.74x 0.78x 1.94x 1.92x 2.51x 1.93x 1.74x
EV / EBITDA 9.29x 5.68x 5.68x 12.2x 12x 16.4x 9.93x 8.74x
EV / EBIT 14x 9.16x 6.95x 14.7x 14x 17.8x 12.7x 10.9x
EV / FCF 80.4x - 10.1x 7.78x 17.4x 49x 20.4x 15.3x
FCF Yield 1.24% - 9.95% 12.8% 5.76% 2.04% 4.9% 6.54%
Dividend per Share 2 1.08 1.35 2.15 2.39 2.33 1.21 1.508 1.705
Rate of return 2.46% 3.27% 4.08% 4.68% 4.71% 2.12% 2.64% 2.98%
EPS 2 3.82 0.37 5.38 16.55 2.55 2.24 3.482 3.99
Distribution rate 28.3% 365% 40% 14.4% 91.4% 54% 43.3% 42.7%
Net sales 1 3,315 4,089 4,569 1,647 1,556 1,752 2,214 2,361
EBITDA 1 348.9 536 628.2 261.2 249.3 268.3 430.4 470
EBIT 1 231.5 332.1 513.3 217.1 212.9 247.5 336.8 376.8
Net income 1 246.7 23.9 346.9 1,067 164 145 225.2 257.6
Net Debt 1 414 378 178.6 -69.9 -209.2 716.9 585.4 422.5
Reference price 2 43.84 41.32 52.70 51.08 49.52 57.15 57.15 57.15
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.($)
25.51x2.51x16.42x2.12% 4.26B
20.51x1.86x15.5x2.72% 61.41B
16.85x1.7x9.53x2.86% 37.85B
13.1x1.1x11.43x4.36% 36.26B
33.74x4.9x19.5x1.47% 33.38B
14.78x1.61x11.36x1.83% 20.47B
23.19x2.14x11.73x2.15% 18.73B
9.3x - - 0.76% 15.35B
22.44x2.51x13.45x2.68% 15.26B
27.46x0.86x16.49x2.44% 13.33B
Average 20.69x 2.13x 13.93x 2.34% 25.63B
Weighted average by Cap. 20.27x 2.14x 13.80x 2.55%

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