Exel Composites
1.675 EUR -0.3%5,514 investors are following this company
Exel Composites is a manufacturing company. The company manufactures and markets compound composites that are used in demanding industrial environments. In addition to the main business, lamination and extrusion are also performed. The largest presence is in Europe and Asia with customers in the manufacturing and aerospace industries. Exel Composites was founded in 1960 and is headquartered in Vantaa.
P/E (24e)
26.09
EV/EBIT (adj.) (24e)
16.54
P/B (24e)
1.09
Dividend yield-% (24e)
-
Target price
1.60 EUR
Recommendation
Reduce
Updated
25.4.2024
NASDAQ Helsinki
EXL1V
Daily low / high price
1.65 / 1.68
EUR
Market cap
19.93M EUR
Turnover
21.56K EUR
Volume
13K
Business risk
Valuation risk
Current
Previous
Latest research
Extensive report
Inderes' extensive report is an investor's handbook on customer companies covered by our research.
The latest extensive report was released
Read the reportAnalyst
Aapeli Pursimo
Analyst
Financial calendar
Extraordinary general meeting
17.05.2024
Interim report
15.08.2024
Business review
31.10.2024
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
OP-Finland Small Firms Fund | 6.4 % | 6.4 % |
Erikoissijoitusrahasto Aktia Mikro Markka | 6.4 % | 6.4 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Jouni Heinonen | 02.06.2023 | 11,850EUR |
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This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 108.6 | 134.4 | 137.0 | 96.8 | 109.4 | 124.8 | 137.2 | 144.1 |
growth-% | 4.6 % | 23.7 % | 1.9 % | -29.3 % | 13.0 % | 14.0 % | 10.0 % | 5.0 % |
EBITDA | 15.3 | 11.9 | 10.1 | 3.8 | 9.1 | 12.3 | 14.4 | 16.0 |
EBIT (adj.) | 9.7 | 6.0 | 8.0 | -2.4 | 3.3 | 6.3 | 8.2 | 9.8 |
EBIT | 9.4 | 3.7 | 3.0 | -4.9 | 3.3 | 6.3 | 8.2 | 9.8 |
Profit before taxes | 7.1 | 4.2 | 3.6 | -8.3 | 1.1 | 3.8 | 5.8 | 7.8 |
Net income | 5.4 | 1.7 | 2.3 | -9.1 | 0.8 | 2.5 | 3.8 | 5.3 |
EPS (adj.) | 0.47 | 0.29 | 0.61 | -0.56 | 0.06 | 0.21 | 0.32 | 0.44 |
growth-% | 38.5 % | -37.5 % | 108.7 % | -191.9 % | 221.3 % | 56.4 % | 37.2 % | |
Dividend | 0.20 | 0.20 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend ratio | 44.3 % | 143.3 % | 103.8 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 14.1 % | 8.9 % | 7.4 % | 4.0 % | 8.3 % | 9.9 % | 10.5 % | 11.1 % |
EBIT-% (adj.) | 8.9 % | 4.5 % | 5.9 % | -2.5 % | 3.0 % | 5.0 % | 6.0 % | 6.8 % |
EBIT-% | 8.7 % | 2.8 % | 2.2 % | -5.0 % | 3.0 % | 5.0 % | 6.0 % | 6.8 % |
ROE | 19.5 % | 5.6 % | 7.6 % | -38.5 % | 4.3 % | 12.6 % | 17.0 % | 19.4 % |
ROI | 13.9 % | 4.8 % | 3.7 % | -6.9 % | 5.2 % | 9.2 % | 11.4 % | 13.3 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 7.38 | 8.10 | 5.42 | 2.54 | 1.68 | 1.68 | 1.68 | 1.68 |
Shares | 11.9 | 11.9 | 11.9 | 11.9 | 11.9 | 11.9 | 11.9 | 11.9 |
Market cap | 87.8 | 96.4 | 64.5 | 30.2 | 19.9 | 19.9 | 19.9 | 19.9 |
Enterprise value | 119.0 | 133.8 | 95.6 | 63.1 | 54.0 | 55.2 | 54.0 | 49.8 |
EV/S | 1.1 | 1.0 | 0.7 | 0.7 | 0.5 | 0.4 | 0.4 | 0.3 |
EV/EBITDA | 7.8 | 11.2 | 9.4 | 16.4 | 5.9 | 4.5 | 3.8 | 3.1 |
EV/EBIT (adj.) | 12.3 | 22.2 | 11.9 | - | 16.5 | 8.8 | 6.6 | 5.1 |
EV/EBIT | 12.6 | 35.8 | 31.8 | - | 16.5 | 8.8 | 6.6 | 5.1 |
P/E (adj.) | 15.7 | 27.5 | 8.8 | - | 26.1 | 8.1 | 5.2 | 3.8 |
P/E | 16.4 | 58.0 | 28.1 | - | 26.1 | 8.1 | 5.2 | 3.8 |
P/B | 3.0 | 3.2 | 2.2 | 1.7 | 1.1 | 1.0 | 0.8 | 0.7 |
P/S | 0.8 | 0.7 | 0.5 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 |
Dividend yield | 2.7 % | 2.5 % | 3.7 % | |||||
Equity ratio | 29.8 % | 26.5 % | 26.9 % | 20.9 % | 20.0 % | 20.9 % | 23.9 % | 28.1 % |
Gearing ratio | 107.9 % | 119.9 % | 102.4 % | 185.7 % | 184.9 % | 168.9 % | 137.7 % | 99.4 % |
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 25.4 | 20.5 | 22.1 | 96.8 | 23.4 | 29.0 | 27.3 | 29.8 | 109.4 |
EBITDA | 1.5 | 1.1 | -0.2 | 3.8 | 0.9 | 3.2 | 2.2 | 2.7 | 9.1 |
EBIT | -0.2 | -0.7 | -3.7 | -4.9 | -0.6 | 1.8 | 0.8 | 1.3 | 3.3 |
Profit before taxes | -0.7 | -0.4 | -5.7 | -8.3 | -0.6 | 1.1 | 0.1 | 0.6 | 1.1 |
Net income | -0.9 | -0.6 | -5.6 | -9.1 | -0.5 | 0.8 | 0.0 | 0.4 | 0.8 |
ShowingAll content types
Exel Composites Plc: Managers' Transactions - Kirsi Sormunen
Exel Composites Plc: Managers' Transactions - Jouko Peussa
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