Financials Tamtron Group Oyj

Equities

TAMTRON

FI4000541313

Industrial Machinery & Equipment

Market Closed - Nasdaq Helsinki Other stock markets 12:00:00 2024-07-16 pm EDT			5-day change	1st Jan Change
5.72 ^EUR	+1.78%		-2.05%	+17.21%

Apr. 15	Tamtron Group Oyj Will Introduce Revolutionary Ai-Based Automatic Material Recognition System	CI
Mar. 13	Tamtron Group Oyj Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	34.49	35.59	40.99	-	-
Enterprise Value (EV) ¹	38.48	43.46	49.09	45.99	40.99
P/E ratio	-76.4 x	44.4 x	35.1 x	22.5 x	18.1 x
Yield	-	-	-	1.6%	1.96%
Capitalization / Revenue	0.93 x	0.65 x	0.72 x	0.7 x	0.68 x
EV / Revenue	1.04 x	0.79 x	0.86 x	0.78 x	0.68 x
EV / EBITDA	8.74 x	7.33 x	7.55 x	6.57 x	5.61 x
EV / FCF	72.3 x	51.6 x	16.4 x	12.8 x	10.2 x
FCF Yield	1.38%	1.94%	6.11%	7.83%	9.76%
Price to Book	2.32 x	1.77 x	1.92 x	1.77 x	-
Nbr of stocks (in thousands)	6,448	7,293	7,293	-	-
Reference price ²	5.350	4.880	5.620	5.620	5.620
Announcement Date	3/22/23	3/13/24	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	37.06	54.93	57.1	58.9	60.7
EBITDA ¹	4.402	5.932	6.5	7	7.3
EBIT ¹	3.662	2.456	4.9	5.3	5.6
Operating Margin	9.88%	4.47%	8.58%	9%	9.23%
Earnings before Tax (EBT) ¹	-0.032	1.514	2	2.7	3.3
Net income ¹	-0.38	0.787	1.2	1.8	2.3
Net margin	-1.03%	1.43%	2.1%	3.06%	3.79%
EPS ²	-0.0700	0.1100	0.1600	0.2500	0.3100
Free Cash Flow ¹	0.532	0.842	3	3.6	4
FCF margin	1.44%	1.53%	5.25%	6.11%	6.59%
FCF Conversion (EBITDA)	12.09%	14.19%	46.15%	51.43%	54.79%
FCF Conversion (Net income)	-	106.99%	250%	200%	173.91%
Dividend per Share ²	-	-	-	0.0900	0.1100
Announcement Date	3/22/23	3/13/24	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2
Net sales ¹	15.64	21.42	23.58	31.35	25.7	31.4
EBITDA ¹	-	2.596	2.562	3.37	2.9	3.6
EBIT ¹	-	2.163	0.955	1.501	2.1	2.8
Operating Margin	-	10.1%	4.05%	4.79%	8.17%	8.92%
Earnings before Tax (EBT) ¹	-	-0.422	0.576	0.938	0.7	1.4
Net income ¹	0.31	-0.69	0.369	0.418	0.4	0.8
Net margin	1.98%	-3.22%	1.57%	1.33%	1.56%	2.55%
EPS ²	-	-0.1300	0.0500	0.0600	0.0600	0.1100
Dividend per Share	-	-	-	-	-	-
Announcement Date	10/28/22	3/22/23	8/30/23	3/13/24	-	-

¹EUR in Million²EUR

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	3.98	7.87	8.1	5	-
Net Cash position ¹	-	-	-	-	-
Leverage (Debt/EBITDA)	0.905 x	1.326 x	1.246 x	0.7143 x	-
Free Cash Flow ¹	0.53	0.84	3	3.6	4
ROE (net income / shareholders' equity)	-4.09%	4.5%	5.8%	8.1%	-
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share ²	2.310	2.760	2.920	3.170	-
Cash Flow per Share ²	0.1600	0.2000	0.6600	0.7300	-
Capex ¹	1.55	1.25	1.7	1.7	1.8
Capex / Sales	4.19%	2.27%	2.98%	2.89%	2.97%
Announcement Date	3/22/23	3/13/24	-	-	-

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

Ratings for Tamtron Group Oyj

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

5.62 EUR

Average target price

6.2 EUR

Spread / Average Target

+10.32%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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