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 3,008 - -
Change - -5.75% 27.18% -3.64% -2.15% -5.86% - -
Enterprise Value (EV) 1 3,241 3,042 3,567 3,195 2,986 2,819 2,747 2,655
Change - -6.12% 17.25% -10.43% -6.56% -5.59% -2.55% -3.34%
P/E ratio 11.5x 112x 9.8x 3.09x 19.4x 21.4x 15.5x 13.8x
PBR 1.83x - 1.93x 3.18x 3.16x 2.8x 2.53x 2.29x
PEG - -1.2x 0x 0x -0.2x -1.5x 0.4x 1.1x
Capitalization / Revenue 0.85x 0.65x 0.74x 1.98x 2.05x 1.91x 1.75x 1.64x
EV / Revenue 0.98x 0.74x 0.78x 1.94x 1.92x 1.79x 1.6x 1.45x
EV / EBITDA 9.29x 5.68x 5.68x 12.2x 12x 11.2x 8.88x 7.77x
EV / EBIT 14x 9.16x 6.95x 14.7x 14x 12.9x 10.5x 9.04x
EV / FCF 80.4x - 10.1x 7.78x 17.4x 18.7x 15.6x 12.8x
FCF Yield 1.24% - 9.95% 12.8% 5.76% 5.34% 6.42% 7.81%
Dividend per Share 2 1.08 1.35 2.15 2.39 2.33 1.235 1.428 1.618
Rate of return 2.46% 3.27% 4.08% 4.68% 4.71% 2.65% 3.06% 3.47%
EPS 2 3.82 0.37 5.38 16.55 2.55 2.18 3.012 3.385
Distribution rate 28.3% 365% 40% 14.4% 91.4% 56.7% 47.4% 47.8%
Net sales 1 3,315 4,089 4,569 1,647 1,556 1,571 1,720 1,830
EBITDA 1 348.9 536 628.2 261.2 249.3 251.5 309.2 341.5
EBIT 1 231.5 332.1 513.3 217.1 212.9 219 262.2 293.8
Net income 1 246.7 23.9 346.9 1,067 164 140.7 195 218.8
Net Debt 1 414 378 178.6 -69.9 -209.2 -189 -261 -352.8
Reference price 2 43.84 41.32 52.70 51.08 49.52 46.62 46.62 46.62
Nbr of stocks (in thousands) 64,483 64,483 64,301 63,924 64,519 64,519 - -
Announcement Date 3/2/22 2/2/23 1/2/24 12/2/25 12/2/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.39x1.79x11.21x2.65% 3.52B
22.47x2.09x17.1x2.79% 67.04B
13.22x1.15x11.77x4.08% 39.37B
27.77x1.8x19.82x1.29% 38.44B
17.46x1.73x9.71x2.76% 38.71B
32.5x4.64x18.57x1.54% 31.91B
23.64x2.18x11.92x2.1% 19.45B
14.24x1.53x11.31x1.97% 19.05B
-7.06x - - 0.73% 16.41B
22.61x2.54x13.57x2.59% 15.86B
Average 18.82x 2.16x 13.89x 2.25% 28.98B
Weighted average by Cap. 20.21x 2.15x 14.79x 2.39%

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