Company Valuation: Oriola Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 362.5 321.2 199.1 161.9 213 161.6 - -
Change - -11.39% -38.03% -18.68% 31.59% -24.15% - -
Enterprise Value (EV) 1 463.3 297.5 178.5 124.5 130.9 100.4 81.18 51.58
Change - -35.78% -40.01% -30.25% 5.18% -23.33% -19.13% -36.46%
P/E 33.4x -174x -9.89x -8.09x -7.67x 87.7x 11.3x 9.23x
PBR 1.67x 1.4x 1.16x 1.2x 2.13x 1.68x 1.53x 1.35x
PEG - 1x -0x - -0.2x -1x 0x 0.4x
Capitalization / Revenue 0.19x 0.21x 0.13x 0.1x 0.11x 0.78x 0.74x 0.71x
EV / Revenue 0.25x 0.2x 0.12x 0.07x 0.07x 0.48x 0.37x 0.23x
EV / EBITDA 6.51x 6.48x 3.43x 4.58x 3.73x 3.02x 2.13x 1.29x
EV / EBIT 17.6x 16.7x 10.7x 5.74x 5.67x 4.33x 3.03x 1.98x
EV / FCF 26.9x 3.68x 29.7x 3.47x 2.32x -6.06x 3.52x 2.07x
FCF Yield 3.71% 27.2% 3.36% 28.8% 43.1% -16.5% 28.4% 48.2%
Dividend per Share 2 0.04 0.06 0.07 0.07 0.03 0.025 0.05 0.0575
Rate of return 2% 3.45% 6.43% 7.87% 2.61% 2.85% 5.7% 6.56%
EPS 2 0.06 -0.01 -0.11 -0.11 -0.15 0.01 0.0775 0.095
Distribution rate 66.7% -600% -63.6% -63.6% -20% 250% 64.5% 60.5%
Net sales 1 1,882 1,516 1,494 1,680 1,906 207.4 217.4 226.2
EBITDA 1 71.2 45.9 52.1 27.2 35.1 33.25 38.2 40.02
EBIT 1 26.3 17.8 16.7 21.7 23.1 23.2 26.8 26.02
Net income 1 11.3 -2.4 -20.7 -20.1 -27.2 1.38 14.35 17.8
Net Debt 1 100.8 -23.7 -20.6 -37.4 -82.1 -61.2 -80.4 -110
Reference price 2 2.0050 1.7400 1.0880 0.8900 1.1500 0.8770 0.8770 0.8770
Nbr of stocks (in thousands) 181,348 181,377 181,399 181,411 185,245 184,245 - -
Announcement Date 2/18/22 A 2/16/23 A 2/16/24 A 3/4/25 A 2/25/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
87.7x0.48x3.02x2.85% 186M
23.32x0.26x14.65x0.4% 106B
22.96x0.21x12.9x0.89% 54.63B
34.9x2.62x23.6x1.73% 21.58B
10.78x0.19x4.49x2.8% 8.1B
12.85x0.92x7.56x3.09% 6.91B
9.84x1.86x5.94x3.48% 6.81B
5.48x0.08x2.41x5.4% 6.11B
25.12x1.15x14.39x3.05% 5.08B
43.2x0.8x15.37x0.14% 4.14B
Average 27.62x 0.86x 10.43x 2.38% 21.98B
Weighted average by Cap. 23.14x 0.57x 13.88x 1.12%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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