Financials Harvia Oyj

Equities

HARVIA

FI4000306873

Electrical Components & Equipment

Real-time Estimate Tradegate 10:06:43 2024-05-06 am EDT 5-day change 1st Jan Change
39.68 EUR +2.78% Intraday chart for Harvia Oyj -3.52% +45.96%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 195.4 456.8 1,094 330.1 508.3 721.4 - -
Enterprise Value (EV) 1 223.7 488.7 1,138 384.7 545.9 743.1 727.8 708.6
P/E ratio 20.5 x 29.9 x 32.8 x 12.3 x 21.9 x 26.1 x 23.3 x 20.9 x
Yield 3.64% 2.08% 1.35% 3.62% 2.5% 1.87% 2.02% 2.4%
Capitalization / Revenue 2.64 x 4.19 x 6.11 x 1.91 x 3.38 x 4.36 x 4.05 x 3.76 x
EV / Revenue 3.02 x 4.48 x 6.35 x 2.23 x 3.63 x 4.49 x 4.09 x 3.7 x
EV / EBITDA 13.2 x 17 x 21.4 x 8.96 x 13.7 x 16.7 x 14.9 x 13.5 x
EV / FCF 16.9 x 19.2 x 113 x 18.5 x 15.2 x 24 x 23.9 x 21.3 x
FCF Yield 5.93% 5.22% 0.88% 5.39% 6.6% 4.16% 4.18% 4.69%
Price to Book 2.84 x 6.89 x 13.6 x 3.39 x 4.7 x 5.88 x 5.18 x 4.42 x
Nbr of stocks (in thousands) 18,694 18,644 18,643 18,673 18,688 18,689 - -
Reference price 2 10.45 24.50 58.70 17.68 27.20 38.60 38.60 38.60
Announcement Date 2/11/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 74.1 109.1 179.1 172.4 150.5 165.4 178.2 191.7
EBITDA 1 17 28.78 53.12 42.95 39.92 44.5 48.7 52.6
EBIT 1 13.9 24.44 47.3 36.45 33.67 38.4 41.75 46.2
Operating Margin 18.76% 22.4% 26.41% 21.14% 22.37% 23.22% 23.44% 24.1%
Earnings before Tax (EBT) 1 12.06 20.35 45.22 36.79 29.53 36.3 40.1 44.85
Net income 1 9.597 15.48 33.67 27.08 23.27 27.9 30.85 34.5
Net margin 12.95% 14.18% 18.8% 15.71% 15.46% 16.87% 17.32% 18%
EPS 2 0.5100 0.8200 1.790 1.440 1.240 1.480 1.655 1.845
Free Cash Flow 1 13.26 25.51 10.05 20.75 36.02 30.9 30.4 33.25
FCF margin 17.9% 23.38% 5.61% 12.03% 23.92% 18.68% 17.06% 17.34%
FCF Conversion (EBITDA) 78.03% 88.66% 18.93% 48.31% 90.21% 69.44% 62.42% 63.21%
FCF Conversion (Net income) 138.22% 164.87% 29.86% 76.62% 154.76% 110.75% 98.54% 96.38%
Dividend per Share 2 0.3800 0.5100 0.7900 0.6400 0.6800 0.7200 0.7800 0.9250
Announcement Date 2/11/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 46.48 50.82 46.02 37.4 38.12 41.38 35.8 34 39.41 42.35 39.8 38.4 44.8
EBITDA 1 12.71 13.7 10.44 9.3 9.526 10.83 9.5 8.4 11.14 11.69 10.7 9.78 12.6
EBIT 1 11.1 12.08 8.798 7.6 7.931 9.28 8 6.9 9.526 10.09 9.1 8.2 11.3
Operating Margin 23.88% 23.77% 19.12% 20.32% 20.81% 22.42% 22.35% 20.29% 24.17% 23.82% 22.86% 21.35% 25.22%
Earnings before Tax (EBT) 1 10.76 - 9.778 8.398 5.795 8.286 6.967 6.076 8.205 9.788 8.3 7.6 10.6
Net income 1 8.153 9.249 7.412 6.368 4.051 6.26 5.312 4.471 7.227 7.477 6.37 5.84 8.07
Net margin 17.54% 18.2% 16.1% 17.03% 10.63% 15.13% 14.84% 13.15% 18.34% 17.65% 16.01% 15.21% 18.01%
EPS 2 0.4300 0.4900 0.3900 0.3400 0.2100 0.3300 0.2900 0.2400 0.3800 0.4000 0.3400 0.3100 0.4400
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/10/22 5/5/22 8/11/22 11/3/22 2/9/23 5/4/23 8/10/23 11/2/23 2/8/24 5/3/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 28.3 31.9 43.8 54.5 37.6 21.7 6.4 -
Net Cash position 1 - - - - - - - 12.8
Leverage (Debt/EBITDA) 1.665 x 1.109 x 0.8246 x 1.27 x 0.941 x 0.4876 x 0.1313 x -
Free Cash Flow 1 13.3 25.5 10.1 20.7 36 30.9 30.4 33.3
ROE (net income / shareholders' equity) 14.3% 22.9% 45.8% 30.5% 22.7% 24.1% 23.6% 23.8%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 3.680 3.550 4.310 5.220 5.790 6.560 7.450 8.740
Cash Flow per Share 2 0.8000 1.490 1.160 1.290 2.090 1.900 1.880 2.200
Capex 1 1.81 2.57 11.8 3.59 3.12 4.5 4.85 5.6
Capex / Sales 2.44% 2.35% 6.57% 2.08% 2.08% 2.72% 2.72% 2.92%
Announcement Date 2/11/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
38.6 EUR
Average target price
36.5 EUR
Spread / Average Target
-5.44%
Consensus
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW