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Femmesalkku: Orions vej til stjernerne

ORNBVResearch28.01.2026, 13.12
Marianne Palmu, Kaisa Vanha-Perttula
Discuss

Automatisk oversættelse: Oprindeligt udgivet på finsk 28.1.2026, 12.12 GMT. Giv feedback her.

Vi åbnede en ny position i den finske medicinalgigant, da vi købte Orion med en vægt på 15 % til Femmesalkku. Orion er på vej mod stjernerne, drevet af Nubeqa, der er udviklet til behandling af prostatakræft. Aktiens værdiansættelse understøttes især af Nubeqas nyligt styrkede langsigtede indtjeningsvækstforventninger samt et udbytteafkast på 2,4 %. Værdiansættelsen kan dog ikke betragtes som billig, men Nubeqas udvikling har gentagne gange overrasket, og salgshøjdepunktet kan stadig overraske med sin højde omkring årtiets udgang.

Femmesalkku blev etableret med en startkapital på 20.000 EUR i foråret 2025. Vores portefølje er baseret på indenlandske og udenlandske selskaber og fonde af høj kvalitet, der har varige konkurrencefordele og skaber aktionærværdi, hvilket tilsammen muliggør den ønskede diversificering på lang sigt.

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Femme

Orion operates in the pharmaceutical industry. The company conducts research and development of human and veterinary drugs, where the main focus is on diseases that affect the nervous system, as well as oncology and respiratory diseases. Today, the company's products are found on a global level, with the largest presence in the Nordic region and the rest of Europe. The company's head office is located in Espoo, Finland.

Read more on company page

Key Estimate Figures14.01

202425e26e
Revenue1,542.41,912.81,919.7
growth-%29.7 %24.0 %0.4 %
EBIT (adj.)416.5639.4639.9
EBIT-% (adj.)27.0 %33.4 %33.3 %
EPS (adj.)2.353.593.62
Dividend1.651.701.75
Dividend %3.6 %2.0 %2.1 %
P/E (adj.)19.523.223.0
EV/EBITDA10.416.816.3

Forum discussions

I replied here since it’s not specifically related to Orion:
9/26/2026, 3:14 PM
by Paapaa
1
What if the strategy at the time was to make a one-time purchase of all future dividends until the end of time, as long as the company does ...
9/26/2026, 2:41 PM
by Qwerty123
0
If you know better than the market when the share price is too high, then you sell those shares. If a company is buying back its own shares,...
9/26/2026, 2:34 PM
by Paapaa
1
[quote="veronmaksaja, post:804, topic:557"]\nOrion is paying a pretty steep price for buying back its shares. I doubt that buying at current...
9/26/2026, 12:31 PM
by Ilkka
6
It’s not that simple. If a company doesn’t have much debt and lacks new investment opportunities, acting that way right now can be a good idea...
9/26/2026, 10:34 AM
by TitoK
3
Inderes Orion Oyj: Omien osakkeiden hankinta viikolla 39/2026 - Inderes Orion Oyj: Omien osakkeiden hankinta viikolla 39/2026 Osakkeiden takaisinostot...
9/26/2026, 10:30 AM
by veronmaksaja
3
Orion’s Head of IR Tuukka Hirvonen talked about Orion as an investment target
9/8/2026, 3:12 PM
by Sijoittaja-alokas
6