Financials Vaisala Oyj

Equities

VAIAS

FI0009900682

Industrial Machinery & Equipment

Market Closed - Nasdaq Helsinki 11:29:56 2024-05-31 am EDT 5-day change 1st Jan Change
39.75 EUR -2.93% Intraday chart for Vaisala Oyj -1.73% +0.13%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,139 1,453 1,924 1,429 1,439 1,443 - -
Enterprise Value (EV) 1 1,134 1,464 1,896 1,437 1,410 1,388 1,356 1,338
P/E ratio 34.1 x 44.3 x 49.8 x 31.8 x 29.4 x 26.5 x 22.6 x 20.5 x
Yield 1.92% 1.51% 1.28% 1.83% 1.89% 1.94% 2.18% 2.44%
Capitalization / Revenue 2.82 x 3.83 x 4.39 x 2.78 x 2.66 x 2.63 x 2.48 x 2.36 x
EV / Revenue 2.81 x 3.86 x 4.33 x 2.8 x 2.61 x 2.53 x 2.34 x 2.19 x
EV / EBITDA 17.6 x 22.2 x 26.5 x 16.7 x 15.5 x 14.5 x 12.9 x 11.6 x
EV / FCF 81 x 146 x 31.2 x 89.3 x 20.2 x 25.2 x 23.1 x 19.8 x
FCF Yield 1.23% 0.68% 3.21% 1.12% 4.96% 3.97% 4.33% 5.06%
Price to Book 5.74 x 7.08 x 8.38 x 5.7 x 5.37 x 4.91 x 4.39 x 3.99 x
Nbr of stocks (in thousands) 35,881 36,000 36,101 36,228 36,251 36,298 - -
Reference price 2 31.75 40.35 53.30 39.45 39.70 39.75 39.75 39.75
Announcement Date 2/12/20 2/19/21 2/18/22 2/16/23 2/14/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 403.6 379.5 437.9 514.2 540.4 548.7 580.8 612.4
EBITDA 1 64.6 65.9 71.7 86.1 90.9 95.68 105.5 115.6
EBIT 1 41.1 44.8 50.1 62.5 66.6 73.03 84.34 93.3
Operating Margin 10.18% 11.81% 11.44% 12.15% 12.32% 13.31% 14.52% 15.24%
Earnings before Tax (EBT) 1 40.2 41.3 48.3 59.6 63.1 68.37 80.66 88.83
Net income 1 33.6 32.8 39 45 48.9 54.43 63.87 70.43
Net margin 8.33% 8.64% 8.91% 8.75% 9.05% 9.92% 11% 11.5%
EPS 2 0.9300 0.9100 1.070 1.240 1.350 1.500 1.762 1.943
Free Cash Flow 1 14 10 60.8 16.1 69.9 55.07 58.77 67.73
FCF margin 3.47% 2.64% 13.88% 3.13% 12.93% 10.04% 10.12% 11.06%
FCF Conversion (EBITDA) 21.67% 15.17% 84.8% 18.7% 76.9% 57.55% 55.7% 58.58%
FCF Conversion (Net income) 41.67% 30.49% 155.9% 35.78% 142.94% 101.17% 92.01% 96.17%
Dividend per Share 2 0.6100 0.6100 0.6800 0.7200 0.7500 0.7725 0.8650 0.9700
Announcement Date 2/12/20 2/19/21 2/18/22 2/16/23 2/14/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 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 1 125 118.8 120.5 133.3 141.6 131.8 130.8 130.4 147.4 112.1 134.1 141.5 160.7
EBITDA 1 17.5 23.1 16.1 27.9 18.9 19.2 18 31.4 22.4 12.8 21.2 33.97 27.6
EBIT 1 11.9 17.5 10.3 22 12.6 13.3 11.9 25.2 16.3 7.1 15.8 28.37 21.67
Operating Margin 9.52% 14.73% 8.55% 16.5% 8.9% 10.09% 9.1% 19.33% 11.06% 6.33% 11.78% 20.04% 13.49%
Earnings before Tax (EBT) 1 11.5 17.4 9.3 20.7 12.1 12.5 10.5 24.1 16.1 6.6 14.37 26.97 20.4
Net income 1 7.7 13.6 6.4 16.1 9 9.6 8 18.5 12.9 5.2 11.47 21.53 15.87
Net margin 6.16% 11.45% 5.31% 12.08% 6.36% 7.28% 6.12% 14.19% 8.75% 4.64% 8.55% 15.21% 9.88%
EPS 2 0.2100 0.3700 0.1800 0.4400 0.2500 0.2600 0.2200 0.5100 0.3500 0.1400 0.3167 0.5933 0.4367
Dividend per Share 2 0.6800 - - - 0.7200 - - - 0.7500 - - - -
Announcement Date 2/18/22 4/29/22 7/22/22 10/28/22 2/16/23 5/5/23 7/28/23 10/27/23 2/14/24 5/3/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 11.7 - 8 - - - -
Net Cash position 1 4.9 - 27.7 - 28.7 55.2 86.4 104
Leverage (Debt/EBITDA) - 0.1775 x - 0.0929 x - - - -
Free Cash Flow 1 14 10 60.8 16.1 69.9 55.1 58.8 67.7
ROE (net income / shareholders' equity) 17.7% 16.3% 17.9% 18.7% 18.9% 19.3% 20.5% 20.8%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 5.530 5.700 6.360 6.920 7.390 8.100 9.060 9.960
Cash Flow per Share 2 1.130 1.130 2.200 0.8200 2.310 2.170 2.290 2.560
Capex 1 26.8 31 19.2 13.7 13.9 23.7 24.9 24.9
Capex / Sales 6.64% 8.17% 4.38% 2.66% 2.57% 4.33% 4.29% 4.07%
Announcement Date 2/12/20 2/19/21 2/18/22 2/16/23 2/14/24 - - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
39.75 EUR
Average target price
41.25 EUR
Spread / Average Target
+3.77%
Consensus
  1. Stock Market
  2. Equities
  3. VAIAS Stock
  4. Financials Vaisala Oyj