Apetit
13.7 EUR 0%4,439 investors are following this company
Appetite operates in the food industry. The company is a retailer of food products, with the largest range of vegetable food solutions, vegetable products, frozen meals and seafood. The largest presence is in the Nordic market. The company was originally founded in 1950 and is headquartered in Helsinki.
P/E (24e)
13.37
EV/EBIT (adj.) (24e)
10.43
P/B (24e)
0.82
Dividend yield-% (24e)
5.47 %
Target price
13.50 EUR
Recommendation
Reduce
Updated
28.3.2024
NASDAQ Helsinki
APETIT
Daily low / high price
13.7 / 14
EUR
Market cap
86.55M EUR
Turnover
19.79K EUR
Volume
1.4K
Risk and recommendation
HighRiskLow
SellRecommendationBuy
Analyst
Pauli Lohi
Analyst
Financial calendar
General meeting
2024-04-10
Annual dividend
2024-04-12
Business review
2024-04-26
Interim report
2024-08-15
Business review
2024-10-25
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Valion Pension Fund | 9.2 % | 9.2 % |
Berner Oy | 7.9 % | 7.9 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Kirsi Ahlgrén | 2024-02-28 | 6,500EUR |
Markku Pärssinen | 2023-12-12 | 16,268EUR |
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This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 292.9 | 283.9 | 181.7 | 175.5 | 167.1 | 173.3 | 179.4 | 183.8 |
growth-% | -1.3 % | -3.1 % | -36.0 % | -3.4 % | -4.8 % | 3.7 % | 3.5 % | 2.5 % |
EBITDA | 10.0 | 9.1 | 9.4 | 13.2 | 12.5 | 13.2 | 13.8 | 14.3 |
EBIT (adj.) | 3.9 | 2.8 | 3.5 | 7.5 | 6.5 | 6.7 | 7.1 | 7.4 |
EBIT | 3.9 | 2.8 | 3.5 | 7.5 | 6.5 | 6.7 | 7.1 | 7.4 |
Profit before taxes | 3.7 | 2.8 | 3.7 | 11.2 | 7.9 | 7.4 | 7.6 | 7.9 |
Net income | 3.1 | 2.3 | 3.2 | 9.8 | 6.5 | 6.1 | 6.3 | 6.5 |
EPS (adj.) | 0.50 | 0.38 | 0.51 | 1.54 | 1.02 | 0.97 | 0.99 | 1.02 |
growth-% | -24.6 % | 35.0 % | 204.7 % | -33.6 % | -5.1 % | 1.9 % | 3.2 % | |
Dividend | 0.50 | 0.40 | 0.50 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 |
Dividend ratio | 100.6 % | 106.6 % | 98.7 % | 48.6 % | 73.2 % | 77.2 % | 75.7 % | 73.4 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 3.4 % | 3.2 % | 5.2 % | 7.5 % | 7.5 % | 7.6 % | 7.7 % | 7.8 % |
EBIT-% (adj.) | 1.3 % | 1.0 % | 1.9 % | 4.3 % | 3.9 % | 3.9 % | 4.0 % | 4.0 % |
EBIT-% | 1.3 % | 1.0 % | 1.9 % | 4.3 % | 3.9 % | 3.9 % | 4.0 % | 4.0 % |
ROE | 3.3 % | 2.5 % | 3.4 % | 9.8 % | 6.2 % | 5.8 % | 5.8 % | 5.9 % |
ROI | 3.4 % | 2.7 % | 3.5 % | 11.0 % | 7.3 % | 7.0 % | 7.1 % | 7.1 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 10.70 | 12.85 | 10.20 | 13.15 | 13.70 | 13.70 | 13.70 | 13.70 |
Shares | 6.2 | 6.2 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 |
Market cap | 66.5 | 79.8 | 64.4 | 83.1 | 86.5 | 86.5 | 86.5 | 86.5 |
Enterprise value | 75.0 | 92.6 | 39.7 | 63.5 | 67.7 | 68.4 | 69.4 | 70.0 |
EV/S | 0.3 | 0.3 | 0.2 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
EV/EBITDA | 7.5 | 10.2 | 4.2 | 4.8 | 5.4 | 5.2 | 5.0 | 4.9 |
EV/EBIT (adj.) | 19.4 | 32.7 | 11.5 | 8.4 | 10.4 | 10.2 | 9.8 | 9.5 |
EV/EBIT | 19.4 | 32.7 | 11.5 | 8.4 | 10.4 | 10.2 | 9.8 | 9.5 |
P/E (adj.) | 21.5 | 34.3 | 20.1 | 8.5 | 13.4 | 14.1 | 13.8 | 13.4 |
P/E | 21.5 | 34.3 | 20.1 | 8.5 | 13.4 | 14.1 | 13.8 | 13.4 |
P/B | 0.7 | 0.9 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
P/S | 0.2 | 0.3 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Dividend yield | 4.7 % | 3.1 % | 4.9 % | 5.7 % | 5.5 % | 5.5 % | 5.5 % | 5.5 % |
Equity ratio | 66.5 % | 59.3 % | 81.8 % | 78.9 % | 81.6 % | 82.0 % | 81.0 % | 80.4 % |
Gearing ratio | 21.7 % | 26.6 % | -13.2 % | -5.7 % | -6.3 % | -5.8 % | -4.9 % | -4.3 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 48.2 | 45.0 | 39.7 | 42.6 | 175.5 | 43.5 | 40.9 | 39.7 | 43.0 |
EBITDA | 3.4 | 2.0 | 4.0 | 3.8 | 13.2 | 3.3 | 1.6 | 4.0 | 3.7 |
EBIT | 2.0 | 0.7 | 2.7 | 2.2 | 7.5 | 1.8 | 0.1 | 2.5 | 2.0 |
Profit before taxes | 2.3 | 1.0 | 4.1 | 3.9 | 11.2 | 2.1 | 0.4 | 2.8 | 2.7 |
Net income | 2.0 | 0.8 | 3.5 | 3.5 | 9.8 | 1.7 | 0.3 | 2.3 | 2.2 |
ShowingAll content types
Apetit Plc: Repurchase of own shares 27 March 2024
Analyst Group: Analyst Group interviews Apetit's CEO Esa Mäki
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