Huhtamäki
36.06 EUR -0.5%11,526 investors are following this company
Huhtamäki is a manufacturing company. The company conducts operations in the packaging industry. The company's packaging is used for food products and includes fiber packaging, cartons, copper and other containers. The products are mainly delivered to customers in the food industry on a global level, mainly in Europe, South America and Asia. The company's head office is located in Espoo, Finland.
P/E (24e)
14.92
EV/EBIT (adj.) (24e)
11.61
P/B (24e)
1.95
Dividend yield-% (24e)
3.05 %
Target price
41.00 EUR
Recommendation
Accumulate
Updated
25.4.2024
NASDAQ Helsinki
HUH1V
Daily low / high price
35.62 / 36.38
EUR
Market cap
3.89B EUR
Turnover
11.98M EUR
Volume
332K
Business risk
Valuation risk
Current
Previous
Analyst
Antti Viljakainen
Head of Research
Latest videos
Financial calendar
Interim report
25.07.2024
Half year dividend
30.09.2024
Interim report
24.10.2024
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
The Finnish Cultural Foundation | 10.5 % | 10.5 % |
Varma Mutual Pension Insurance Company | 3.8 % | 3.8 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Charles Héaulmé | 15.09.2023 | 155,000EUR |
Pauline Lindwall | 14.06.2023 | 6,475EUR |
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This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 3,301.8 | 3,574.9 | 4,479.0 | 4,168.9 | 4,260.9 | 4,495.0 | 4,710.0 | 4,913.0 |
growth-% | -2.9 % | 8.3 % | 25.3 % | -6.9 % | 2.2 % | 5.5 % | 4.8 % | 4.3 % |
EBITDA | 464.5 | 469.7 | 616.5 | 630.0 | 615.7 | 676.5 | 735.9 | 759.6 |
EBIT (adj.) | 302.1 | 315.3 | 395.1 | 392.6 | 429.8 | 474.0 | 511.0 | 537.0 |
EBIT | 265.3 | 296.0 | 405.3 | 380.9 | 372.6 | 445.0 | 501.0 | 531.0 |
Profit before taxes | 237.1 | 263.0 | 352.1 | 311.9 | 301.3 | 383.6 | 441.5 | 480.3 |
Net income | 176.7 | 199.0 | 276.2 | 206.2 | 208.6 | 272.7 | 314.1 | 343.2 |
EPS (adj.) | 1.94 | 2.07 | 2.49 | 2.32 | 2.42 | 2.82 | 3.08 | 3.33 |
growth-% | 2.8 % | 6.6 % | 20.1 % | -6.8 % | 4.2 % | 16.6 % | 9.2 % | 8.1 % |
Dividend | 0.92 | 0.94 | 1.00 | 1.05 | 1.10 | 1.15 | 1.20 | 1.25 |
Dividend ratio | 54.3 % | 49.3 % | 37.8 % | 53.2 % | 55.1 % | 44.1 % | 39.9 % | 38.1 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 14.1 % | 13.1 % | 13.8 % | 15.1 % | 14.5 % | 15.1 % | 15.6 % | 15.5 % |
EBIT-% (adj.) | 9.1 % | 8.8 % | 8.8 % | 9.4 % | 10.1 % | 10.5 % | 10.8 % | 10.9 % |
EBIT-% | 8.0 % | 8.3 % | 9.0 % | 9.1 % | 8.7 % | 9.9 % | 10.6 % | 10.8 % |
ROE | 13.4 % | 14.2 % | 16.4 % | 11.2 % | 11.0 % | 13.5 % | 14.3 % | 14.3 % |
ROI | 10.4 % | 10.1 % | 11.6 % | 10.4 % | 10.7 % | 12.7 % | 14.0 % | 14.8 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 42.26 | 38.89 | 32.00 | 36.73 | 36.06 | 36.06 | 36.06 | 36.06 |
Shares | 104.4 | 104.4 | 104.4 | 104.5 | 104.5 | 104.5 | 104.5 | 104.5 |
Market cap | 4,409.8 | 4,058.2 | 3,339.7 | 3,838.2 | 3,769.6 | 3,769.6 | 3,769.6 | 3,769.6 |
Enterprise value | 5,287.3 | 5,582.3 | 4,826.2 | 5,144.0 | 4,988.5 | 4,966.2 | 4,772.9 | 4,564.9 |
EV/S | 1.6 | 1.6 | 1.1 | 1.2 | 1.2 | 1.1 | 1.0 | 0.9 |
EV/EBITDA | 11.4 | 11.9 | 7.8 | 8.2 | 8.1 | 7.3 | 6.5 | 6.0 |
EV/EBIT (adj.) | 17.5 | 17.7 | 12.2 | 13.1 | 11.6 | 10.5 | 9.3 | 8.5 |
EV/EBIT | 19.9 | 18.9 | 11.9 | 13.5 | 13.4 | 11.2 | 9.5 | 8.6 |
P/E (adj.) | 21.7 | 18.8 | 12.9 | 15.8 | 14.9 | 12.8 | 11.7 | 10.8 |
P/E | 25.0 | 20.4 | 12.1 | 18.6 | 18.1 | 13.8 | 12.0 | 11.0 |
P/B | 3.4 | 2.7 | 1.8 | 2.1 | 1.9 | 1.8 | 1.6 | 1.5 |
P/S | 1.3 | 1.1 | 0.7 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 |
Dividend yield | 2.2 % | 2.4 % | 3.1 % | 2.9 % | 3.1 % | 3.2 % | 3.3 % | 3.5 % |
Equity ratio | 37.9 % | 35.2 % | 39.9 % | 41.3 % | 43.4 % | 45.3 % | 48.7 % | 52.6 % |
Gearing ratio | 64.3 % | 95.4 % | 77.3 % | 67.8 % | 60.5 % | 55.1 % | 42.4 % | 30.8 % |
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 1,051.7 | 1,037.2 | 1,032.8 | 4,168.9 | 1,003.9 | 1,081.0 | 1,078.0 | 1,098.0 | 4,260.9 |
EBITDA | 137.9 | 146.2 | 207.8 | 630.0 | 137.7 | 148.0 | 163.5 | 166.5 | 615.7 |
EBIT | 54.7 | 92.8 | 146.0 | 380.9 | 77.6 | 87.0 | 102.5 | 105.5 | 372.6 |
Profit before taxes | 39.4 | 75.8 | 128.3 | 311.9 | 56.3 | 70.0 | 86.0 | 89.0 | 301.3 |
Net income | 25.2 | 44.3 | 87.1 | 206.2 | 36.3 | 48.3 | 60.7 | 63.3 | 208.6 |
ShowingAll content types
Resolutions of Huhtamäki Oyj’s Annual General Meeting of Shareholders
Huhtamäki Oyj, Interim Report, January 1 - March 31, 2024
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