Company Valuation: Incap Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 459.2 500.8 228.1 301.4 289.2 264.1 - -
Change - 9.06% -54.44% 32.13% -4.07% -8.67% - -
Enterprise Value (EV) 1 461.2 514.7 219.9 260.5 236.3 250.9 243.9 197.5
Change - 11.6% -57.26% 18.45% -9.3% 6.18% -2.81% -19.01%
P/E 21.8x 18.2x 11.4x 13.3x 20.9x 16.2x 11.8x 10.6x
PBR 7.3x 5.72x 2.13x 2.27x 2.13x 1.78x 1.55x 1.29x
PEG - 0.6x -0.4x 1x -0.5x 0.8x 0.3x 0.9x
Capitalization / Revenue 2.7x 1.9x 1.03x 1.31x 1.35x 0.92x 0.8x 0.75x
EV / Revenue 2.72x 1.95x 0.99x 1.13x 1.1x 0.87x 0.74x 0.56x
EV / EBITDA 15.8x 12x 6.24x 7.29x 7.38x 6.12x 5.49x 4.14x
EV / EBIT 17.2x 12.9x 7.19x 8.65x 9.07x 8.79x 7.03x 5.22x
EV / FCF 89.6x -82x 5.82x 7.89x 12.9x -6.47x 12.6x 7.81x
FCF Yield 1.12% -1.22% 17.2% 12.7% 7.73% -15.5% 7.91% 12.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.72 0.94 0.68 0.77 0.47 0.56 0.765 0.855
Distribution rate - - - - - - - -
Net sales 1 169.8 263.8 221.6 230.1 214.6 287.6 329.2 350.8
EBITDA 1 29.26 42.77 35.22 35.74 32.03 41 44.45 47.7
EBIT 1 26.8 40 30.6 30.11 26.05 28.55 34.7 37.85
Net income 1 21.1 27.6 19.82 22.73 13.97 20 22.1 24.5
Net Debt 1 2 13.88 -8.2 -40.92 -52.88 -13.2 -20.25 -66.6
Reference price 2 15.700 17.100 7.750 10.240 9.820 9.050 9.050 9.050
Nbr of stocks (in thousands) 29,247 29,285 29,437 29,437 29,448 29,182 - -
Announcement Date 24/2/22 22/2/23 22/2/24 28/2/25 26/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.16x0.87x6.12x - 296M
24.85x2.95x16.13x2.07% 233B
12.47x1.37x6.45x4.06% 168B
25.07x3.25x14.87x1.94% 152B
32.6x4.86x20.42x1.21% 142B
35.8x4.5x20.94x1.25% 108B
33.84x5.45x18.96x1.33% 92.57B
30.68x3.82x20.51x1.11% 88.74B
27.31x3.86x19.29x1.06% 90.48B
35.35x5.82x23.2x0.11% 86.35B
Average 27.41x 3.68x 16.69x 1.57% 116.1B
Weighted average by Cap. 27.19x 3.69x 16.87x 1.8%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Incap Oyj

Historical PBR trend

Valuation ratios - PBR - Incap Oyj

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Incap Oyj

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Incap Oyj