Company Valuation: Incap Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 459.2 500.8 228.1 301.4 289.2 267.6 - -
Change - 9.06% -54.44% 32.13% -4.07% -7.46% - -
Enterprise Value (EV) 1 461.2 514.7 219.9 260.5 236.3 260 247.4 214.9
Change - 11.6% -57.26% 18.45% -9.3% 10.03% -4.87% -13.12%
P/E 21.8x 18.2x 11.4x 13.3x 20.9x 16.4x 12x 10.7x
PBR 7.3x 5.72x 2.13x 2.27x 2.13x 1.81x 1.57x 1.31x
PEG - 0.6x -0.4x 1x -0.5x 0.9x 0.3x 0.9x
Capitalization / Revenue 2.7x 1.9x 1.03x 1.31x 1.35x 0.93x 0.81x 0.76x
EV / Revenue 2.72x 1.95x 0.99x 1.13x 1.1x 0.9x 0.75x 0.61x
EV / EBITDA 15.8x 12x 6.24x 7.29x 7.38x 7.67x 6.25x 5.01x
EV / EBIT 17.2x 12.9x 7.19x 8.65x 9.07x 9.74x 7.71x 6.07x
EV / FCF 89.6x -82x 5.82x 7.89x 12.9x -17.3x 14.7x 9.53x
FCF Yield 1.12% -1.22% 17.2% 12.7% 7.73% -5.8% 6.79% 10.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.72 0.94 0.68 0.77 0.47 0.56 0.7637 0.8552
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 33.9 39.6 42.9
EBIT 1 26.8 40 30.6 30.11 26.05 26.7 32.1 35.4
Net income 1 21.1 27.6 19.82 22.73 13.97 20.02 22.09 24.51
Net Debt 1 2 13.88 -8.2 -40.92 -52.88 -7.6 -20.25 -52.7
Reference price 2 15.700 17.100 7.750 10.240 9.820 9.170 9.170 9.170
Nbr of stocks (in thousands) 29,247 29,285 29,437 29,437 29,448 29,182 - -
Announcement Date 2/24/22 A 2/22/23 A 2/22/24 A 2/28/25 A 2/26/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.38x0.93x7.67x - 299M
24.42x2.91x15.89x2.1% 228B
12.1x1.31x6.18x4.19% 163B
24.76x3.21x14.7x1.96% 149B
32.87x4.91x20.63x1.19% 144B
35.11x4.43x20.62x1.26% 106B
33.64x5.42x18.87x1.34% 92B
31.22x3.88x20.83x1.09% 90.27B
27.09x3.83x19.14x1% 89.75B
36.65x6.04x24.05x0.11% 89.53B
Average 27.42x 3.69x 16.86x 1.58% 115.16B
Weighted average by Cap. 27.19x 3.70x 16.90x 1.81%

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