Privacy preferences
Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
  • Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Exel Composites

16.60 EUR+5.73 %25.9, 17.29
5,697 following

EXEL

NASDAQ Helsinki

Construction & Materials

Industrials

Overview
Financials & Estimates
Dividend
Investor views
Compare
+5.73 %
+26.72 %
+56.60 %
+118.71 %
+145.38 %
+184.49 %
+35.56 %
-41.85 %
-1.68 %

Exel Composites is a manufacturing company. The company manufactures and markets composites used in demanding industrial environments. In addition to its core business, lamination and extrusion are also performed. The largest operations are found around Europe and Asia with customers in the manufacturing and aerospace industries. Exel Composites was founded in 1960 and is headquartered in Vantaa.

Read more
Market cap
118.17M EUR
Turnover
1.68M EUR
P/E (adj.) (26e)
23.87
EV/EBIT (adj.) (26e)
16.66
P/B (26e)
3.6
EV/S (26e)
1.06
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
17.50 EUR
Updated
25.09.2026
Disclaimer
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 25.09.2026

Latest extensive report

Released: 09.10.2024

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
3rd party
ShowingAll content types

Forum discussions
Here is Aapeli’s fresh take on Exel in the form of a company report, based on this nice delivery agreement. Exel Composites announced on Thursday that its Indian joint venture has signed a potentially significant multi-year delivery agreement with a customer in the wind power sector...
9/25/2026, 5:36 AM
by Sijoittaja-alokas
7
Interesting analysis. I haven’t read it closely yet, but I noticed that the EPS includes the minority interest of the Indian plant, meaning the EPS is not the true owner’s EPS. Secondly, debt is assumed to remain the same in the future. Without knowing the underlying assumptions,...
9/25/2026, 5:12 AM
4
Europe needs more efficient power grids. https://x.com/MagellanQuest/status/2101977897523147202
9/24/2026, 12:47 PM
by Dissidentti
4
Here are Aapeli’s comments on this big news Exel Composites announced on Thursday morning that it has signed a new multi-year supply agreement with Suzlon Energy Limited. We consider the news to be extremely significant on the company’s scale and a testament to its strategic success...
9/24/2026, 8:43 AM
by Sijoittaja-alokas
4
research.danskebank.com Exel%20Composites_240926_cr.pdf 635.76 KB
9/24/2026, 8:41 PM
by Junnu
3
“The company stated earlier that its joint venture operating in India, Kineco Exel Composites India, and India-based Suzlon Energy Limited have signed a new multi-year agreement.” “The parties estimate that the potential value of future deliveries based on the agreement will exceed...
9/24/2026, 5:18 PM
by Dissidentti
3
Danske raised the target price to 20-22€. There’s definitely potential here for all sorts of things
9/24/2026, 4:41 PM
by Junnu
3
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
4.11
2026

Business review Q3'26

Exel Composites: More wind in the sails for the India factory
Research25.09.2026, 09.05 by
Aapeli Pursimo

Exel Composites: More wind in the sails for the India factory

On Thursday, Exel Composites announced that its Indian joint venture has signed a multi-year supply agreement with significant potential with a customer in the wind power industry.

Exel Composites
Exel signs a potentially over 100 MEUR supply agreement
Analyst Comment24.09.2026, 08.26 by
Aapeli Pursimo

Exel signs a potentially over 100 MEUR supply agreement

Exel Composites announced that it has signed a new multi-year supply agreement with Suzlon Energy Limited.

Exel Composites
Regulatory press release24.09.2026, 07.00

Exel Composites Plc: Exel and Suzlon extend collaboration with multi-year supply agreement with potential value exceeding EUR 100 million

Exel Composites

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Press release24.09.2026, 07.00

Exel and Suzlon deepen long-term wind power partnership and sign agreement with potential value exceeding EUR 100 million

Exel Composites
Regulatory press release16.09.2026, 09.30

Exel Composites Plc: Managers' Transactions - Mikko Rummukainen

Exel Composites
Regulatory press release16.09.2026, 09.30

Exel Composites Plc: Managers' Transactions - Johanna Tuomisto

Exel Composites
Regulatory press release16.09.2026, 09.30

Exel Composites Plc: Managers' Transactions - Kari Loukola

Exel Composites
Regulatory press release16.09.2026, 09.30

Exel Composites Plc: Managers' Transactions - Kim Sjödahl

Exel Composites
Regulatory press release16.09.2026, 09.30

Exel Composites Plc: Managers' Transactions - Paul Sohlberg

Exel Composites
Regulatory press release16.09.2026, 09.30

Exel Composites Plc: Managers' Transactions - Juha Honkanen

Exel Composites
Exel Composites: Visit to the Austrian factory
Analyst Comment07.09.2026, 09.05 by
Aapeli Pursimo

Exel Composites: Visit to the Austrian factory

Last week, we visited Exel's production plant in Kapfenberg, Austria.

Exel Composites
Exel Composites Q2'26: Strategy bites, momentum builds
Research17.08.2026, 11.46 by
Aapeli Pursimo

Exel Composites Q2'26: Strategy bites, momentum builds

The implementation of the company's growth phase strategy has progressed faster than expected, and actions taken in recent years are bearing fruit.

Exel Composites
Exel Composites Q2’26 flash comment: All key figures significantly exceeded expectations
Analyst Comment14.08.2026, 08.59 by
Aapeli Pursimo

Exel Composites Q2’26 flash comment: All key figures significantly exceeded expectations

Exel Composites published its Q2 report this morning, with all key figures heftily beating our forecasts.

Exel Composites
Regulatory press release14.08.2026, 07.00

Exel Composites Plc half-year report January–June 2026: Growth accelerated in Q2 with revenue up 40% and adjusted operating profit more than doubled

Exel Composites
Exel Composites Q2'26 preview: We expect positive development to continue
Analyst Comment11.08.2026, 09.37 by
Aapeli Pursimo

Exel Composites Q2'26 preview: We expect positive development to continue

Exel Composites will publish its Q2 report on Friday, August 14 at around 8:00 am EEST.

Exel Composites
Press release07.08.2026, 13.00

Invitation to Exel Composites' Q2 2026 briefing on 14 August

Exel Composites
Regulatory press release15.06.2026, 10.00

Exel Composites Plc: Managers' Transactions - Kim Sjödahl

Exel Composites
Regulatory press release15.06.2026, 10.00

Exel Composites Plc: Managers' Transactions - Johanna Tuomisto

Exel Composites
Regulatory press release15.06.2026, 10.00

Exel Composites Plc: Managers' Transactions - Juha Honkanen

Exel Composites
Regulatory press release15.06.2026, 10.00

Exel Composites Plc: Managers' Transactions - Paul Sohlberg

Exel Composites