Wärtsilä

8,326EUR +0,99 %
16 620 investerare följer bolaget.

Wärtsilä är specialiserade inom kraftlösningar för marin- och energisektorn. Verksamheten styrs utifrån flertalet affärssegment och utbudet inkluderar integrerade systemlösningar, reservdelar, samt tillhörande servicefunktioner under installationscykeln, men även kompletta drifts- och optimeringstjänster. Bolaget grundades ursprungligen under 1834 och har sitt huvudkontor i Helsingfors.

P/E (23e)
14,28
EV/EBIT (23e)
11,88
P/B (23e)
2,14
Direktavkastnings- % (23e)
4,8 %
Riktkurs
9.50 EUR
Rekommendation
Öka
Uppdaterad
23.3.2023
NASDAQ Helsinki
WRT1V
Dagens lägsta / högsta pris
8,28 / 8,374 EUR
Börsvärde
4,93 md EUR
Omsättning
6,65 mn EUR
Volym
798 tn
Risk och rekommendation
HögRiskLåg
SäljRekommendationKöp

Forum updates

Stay up-to-date with the latest talk about Wärtsilä

Income statement

20192020202120222023e2024e2025e2026e
Revenue5 170,004 604,004 778,005 842,306 349,466 887,757 247,137 796,70
growth-%−0,08 %−10,95 %3,78 %22,28 %8,68 %8,48 %5,22 %7,58 %
EBITDA541,00408,00476,00237,00607,58728,45815,87924,37
EBIT (adj.)456,00275,00357,00325,00491,38582,42662,60768,50
EBIT361,00234,00314,00−26,00466,38582,42662,60768,50
Profit before taxes314,00191,00296,00−33,00451,14561,22642,28749,12
Net income216,00134,00193,00−66,00320,08403,67461,98538,82
EPS (adj.)0,480,270,400,480,580,680,780,91
growth-%−33,18 %−42,29 %45,19 %20,76 %21,08 %16,98 %14,44 %16,63 %
Dividend0,480,200,240,260,400,500,600,65
Dividend ratio131,49 %88,32 %73,58 %−233,10 %73,95 %73,29 %76,85 %71,38 %

Profitability and return on capital

20192020202120222023e2024e2025e2026e
EBITDA-%10,46 %8,86 %9,96 %4,06 %9,57 %10,58 %11,26 %11,86 %
EBIT-% (adj.)8,82 %5,97 %7,47 %5,56 %7,74 %8,46 %9,14 %9,86 %
EBIT-%6,98 %5,08 %6,57 %−0,45 %7,35 %8,46 %9,14 %9,86 %
ROE8,98 %5,86 %8,59 %−2,97 %14,44 %16,93 %18,11 %19,77 %
ROI11,19 %6,67 %9,55 %0,09 %14,40 %16,54 %18,10 %20,23 %

Valuation

20192020202120222023e2024e2025e2026e
Share price (EUR)9,858,1512,367,878,338,338,338,33
Shares591,72591,72591,72591,72591,72591,72591,72591,72
Market cap5 828,474 822,547 313,704 655,684 926,694 926,694 926,694 926,69
Enterprise value6 566,475 230,547 321,705 143,685 542,365 503,505 408,595 346,29
EV/S1,271,141,530,880,870,800,750,69
EV/EBITDA12,1412,8215,3821,709,127,566,635,78
EV/EBIT (adj.)14,4019,0220,5115,8311,289,458,166,96
EV/EBIT18,1922,3523,32-11,889,458,166,96
P/E (adj.)20,6929,6730,9916,3414,2812,2010,669,14
P/E26,9835,9937,89-15,3912,2010,669,14
P/B2,432,223,162,182,142,001,871,75
P/S1,131,051,530,800,780,720,680,63
Dividend yield4,87 %2,45 %1,94 %3,30 %4,80 %6,01 %7,21 %7,81 %
Equity ratio41,43 %37,84 %38,56 %35,80 %36,29 %36,79 %37,95 %38,56 %
Gearing ratio30,64 %18,66 %0,34 %22,74 %26,63 %23,27 %18,22 %14,83 %

Quarter data

Q1/22Q2/22Q3/22Q4/222022Q1/23eQ2/23eQ3/23eQ4/23e
Revenue1 231,001 408,001 433,001 770,305 842,301 458,561 520,701 456,871 913,33
EBITDA−25,00109,0060,4392,57237,0097,15143,88149,61216,95
EBIT−147,0075,009,4336,57−26,0061,85108,58114,31181,65
Profit before taxes−147,0072,526,9134,57−33,0057,85104,58110,31177,65
Net income−143,0050,52−1,0927,57−66,0041,9474,8277,97124,79
Publisher
Aktieanalys

Wärtsilä: Slow and steady wins the race

Wärtsilä's Q4 figures were quite close to our expectations, slightly below consensus. The company's comments on its own 2023 demand outlook were quite positive.

2023-02-01 av Erkki Vesola
Publisher
Video

Wärtsilä Q4’22: Growth and challenges

Wärtsilä’s CEO Håkan Agnevall sums up 2022 and looks ahead.

2023-01-31 av Isa Hudd
Publisher
Video

Wärtsilä Q4’22: Tillväxt och utmaningar

Wärtsiläs vd Håkan Agnevall paketerar verksamhetsåret 2022, samt blickar framåt. Om bl.a. omsättningsmix, klimatmål, lönsamhet och inflation.

2023-01-31 av Isa Hudd
Publisher
Video

Wärtsilä Q4'22 – Tuesday, Jan. 31 at 10:00 am EET

Welcome to follow Wärtsilä's Q4'22 info on Tuesday, January 31 at 10:00 am EET on inderesTV.

2023-01-31
Publisher
Aktieanalys

Wärtsilä: Confidently toward the Q4 report

On Tuesday, Wärtsilä hosted a pre-silent period conference call. The message was reassuring just like previously and we can wait for Q4 figures quite confidently. We only made estimate changes related to non-recurring items.

2023-01-04 av Erkki Vesola
Publisher
Aktieanalys

Wärtsilä: Easing off the gas in the price rally

Yesterday, Wärtsilä hosted a mid-Q4 conference that had a positive tone in terms of key demand and profitability drivers. At this stage, our estimates remain unchanged.

2022-11-15 av Erkki Vesola
Publisher
Video

Wärtsilä Q3'22: Tudelad rapport, med plus för ellagringssystemen

Wärtsilä Q3'22: Stark orderingång på ellagringssidan, utmaningar gällande lönsamheten.

2022-11-01 av Isa Hudd
Publisher
Aktieanalys

Wärtsilä: Relying on services through the storm

Wärtsilä's Q3 figures landed on both sides of forecasts and the revised guidance cautious. Supported by a strong Energy business, we have slightly increased our net sales estimates for 2022-2024, but cut our margin expectations.

2022-10-28 av Erkki Vesola
Publisher
Video

Wärtsilä Q3'22: Headwind and tailwind

Orders and net sales at Wärtsilä are increasing rapidly. However, the company has still a lot of room to improve its performance. In an interview, CFO Arjen Berends.

2022-10-25
Publisher
Video

Wärtsilä Q3'22 – Tuesday, Oct. 25 at 10:00 am EEST

Follow Wärtsilä's Q3'22 info on Tuesday, October 25 at 10:00 am EEST on inderesTV. If you plan to ask questions in the Q&A session, please register here.

2022-10-25
Publisher
Aktieanalys

Wärtsilä: Eyes turned to spring and share price potential

On Friday, Wärtsilä hosted a pre-silent period conference call. The market situation continues as relatively favorable, but cost inflation in the supply chain creates short-term margin pressure.

2022-10-03 av Erkki Vesola
Publisher
Video

Verkstadssektorn: en lägesanalys

Hur mår verkstadssektorn och vilka faktorer bör man som investerare ha koll på just nu? Analytiker Erkki Vesola sammanfattar bl.a. vilka bolag som gynnas av en stärkt dollar, hur den stundande energikrisen påverkar, samt hur komponentsbristen och leveranskedje...

2022-08-11
Publisher
Aktieanalys

Wärstilä: May the power be with you

Wärtsilä’s Q2 figures were either above or in line with the consensus. A strong Q2 report, positive market comments and the increasing impact of price increases have led us to make moderate estimate hikes for 2023-2024. The valuation of the share is ...

2022-07-22 av Erkki Vesola
Publisher
Video

Wärtsilä Q2'22 – Thursday, Jul. 21 at 10:00 am EEST

Wärtsilä's half year financial report January-June 2022 will be published on Thursday 21 July 2022 at 10:00 (EEST). A virtual analyst and press conference will be held as a webinar on the same day at 10:00 (EEST). If you plan to ask questions in the ...

2022-07-21
Publisher
Video

Wärtsilä Q1’22: hyfsad rapport, trots utmanade marknadsmiljö

Wärtsiläs siffror för Q1 låg i linje med våra egna och konsensus förväntningar. Orderingången uppvisade en tillväxt på 11% , där Marin Power överraskade positivt, medan Energy presenterade något svagare siffror än väntat. Även omsättningstillväxten p...

2022-05-03
Publisher
Aktieanalys

Wärtsilä: Good performance in a difficult market

Wärtsilä’s Q1 figures landed reasonably close to estimates, although adjusted relative profitability was slightly below expectations. Margins were depressed by weaker sales mix and a strong increase in costs. Wärtsilä’s Q2 guidance was disappointing,...

2022-04-29 av Erkki Vesola
Publisher
Video

Wärtsilä Q1'22: Eyes on the horizon

Wärtsilä is still navigating a troubled market environment. CEO Håkan Agnevall comments on Q1-results.

2022-04-28
Publisher
Aktieanalys

Wärtsilä: From Russia with loss

On Wednesday, Wärtsilä announced that it would write down EUR 200 million from its Russian operations and ramp down almost all of its Russian operations. At the same time, the company's combined Russia risk proved to be higher than previously estimated...

2022-04-21 av Erkki Vesola
Publisher
Video

Wärtsilä som investeringsobjekt

I vår videoserie om listade bolag på Helsingforsbörsen har turen nu kommit till en gammal goding, nämligen Wärtsilä. Analytiker Erkki Vesola sammanfattar bolaget ur investeringssynvinkel och ger oss en inblick i varför Wärtsilä är aktuellt just nu. Vi...

2022-03-21