Cargotec
62.75 EUR +0.97%11,075 investors are following this company
Cargotec is active in the transport and logistics industry. The company specializes in cargo handling solutions where businesses are managed via most subsidiaries, each focused on automated terminal and cargo handling solutions, maritime transport, and offshore operations. The company is active on a global level with the largest presence in the European market. The head office is located in Helsinki.
P/E (24e)
13.44
EV/EBIT (adj.) (24e)
9.31
P/B (24e)
2.17
Dividend yield-% (24e)
3.11 %
Target price
62.00 EUR
Recommendation
Accumulate
Updated
1.2.2024
NASDAQ Helsinki
CGCBV
Daily low / high price
60.85 / 62.75
EUR
Market cap
4.06B EUR
Turnover
4.45M EUR
Volume
71K
Risk and recommendation
HighRiskLow
SellRecommendationBuy
Analyst
Erkki Vesola
Analyst
Latest videos
Financial calendar
Interim report
2024-04-30
General meeting
2024-05-30
Annual dividend
2024-05-31
Interim report
2024-08-08
Interim report
2024-10-23
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Wipunen varainhallinta oy | 14.1 % | 23.7 % |
Mariatorp Oy (controlled by Niklas Herlin) | 12.3 % | 22.9 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Michel Van Roozendaal | 2023-05-10 | 519,252EUR |
Michel Van Roozendaal | 2023-05-10 | 21,752EUR |
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This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 3,263.5 | 3,315.1 | 4,088.5 | 4,568.8 | 4,220.2 | 4,224.3 | 4,348.1 | 4,482.8 |
growth-% | -11.4 % | 1.6 % | 23.3 % | 11.7 % | -7.6 % | 0.1 % | 2.9 % | 3.1 % |
EBITDA | 214.4 | 489.2 | 310.0 | 598.6 | 505.8 | 595.2 | 632.1 | 639.6 |
EBIT (adj.) | 203.6 | 215.6 | 316.3 | 513.2 | 446.9 | 474.2 | 511.9 | 519.9 |
EBIT | 70.4 | 355.8 | 106.1 | 483.7 | 386.9 | 474.2 | 511.9 | 519.9 |
Profit before taxes | 34.5 | 333.1 | 78.9 | 452.9 | 366.9 | 459.1 | 503.6 | 517.1 |
Net income | 8.1 | 246.9 | 23.8 | 346.8 | 259.5 | 324.8 | 356.3 | 365.9 |
EPS (adj.) | 1.68 | 2.22 | 3.08 | 5.71 | 4.67 | 5.02 | 5.51 | 5.66 |
growth-% | -23.3 % | 32.1 % | 38.9 % | 85.4 % | -18.3 % | 7.6 % | 9.7 % | 2.7 % |
Dividend | 1.08 | 1.08 | 1.35 | 2.15 | 1.95 | 2.00 | 2.10 | 2.15 |
Dividend ratio | 858.6 % | 28.2 % | 365.4 % | 40.1 % | 48.6 % | 39.8 % | 38.1 % | 38.0 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 6.6 % | 14.8 % | 7.6 % | 13.1 % | 12.0 % | 14.1 % | 14.5 % | 14.3 % |
EBIT-% (adj.) | 6.2 % | 6.5 % | 7.7 % | 11.2 % | 10.6 % | 11.2 % | 11.8 % | 11.6 % |
EBIT-% | 2.2 % | 10.7 % | 2.6 % | 10.6 % | 9.2 % | 11.2 % | 11.8 % | 11.6 % |
ROE | 0.6 % | 17.4 % | 1.5 % | 21.1 % | 14.3 % | 16.5 % | 16.3 % | 15.2 % |
ROI | 2.9 % | 14.6 % | 4.4 % | 19.9 % | 15.8 % | 20.2 % | 21.3 % | 20.2 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 33.82 | 43.84 | 41.32 | 52.70 | 62.75 | 62.75 | 62.75 | 62.75 |
Shares | 64.5 | 64.5 | 64.5 | 64.7 | 64.7 | 64.7 | 64.7 | 64.7 |
Market cap | 2,180.8 | 2,826.9 | 2,664.4 | 3,409.7 | 4,060.0 | 4,060.0 | 4,060.0 | 4,060.0 |
Enterprise value | 2,874.8 | 3,257.6 | 3,050.0 | 3,591.7 | 4,161.7 | 3,947.8 | 3,732.8 | 3,520.2 |
EV/S | 0.9 | 1.0 | 0.7 | 0.8 | 1.0 | 0.9 | 0.9 | 0.8 |
EV/EBITDA | 13.4 | 6.7 | 9.8 | 6.0 | 8.2 | 6.6 | 5.9 | 5.5 |
EV/EBIT (adj.) | 14.1 | 15.1 | 9.6 | 7.0 | 9.3 | 8.3 | 7.3 | 6.8 |
EV/EBIT | 40.8 | 9.2 | 28.7 | 7.4 | 10.8 | 8.3 | 7.3 | 6.8 |
P/E (adj.) | 20.1 | 19.8 | 13.4 | 9.2 | 13.4 | 12.5 | 11.4 | 11.1 |
P/E | 269.2 | 11.4 | 112.0 | 9.8 | 15.6 | 12.5 | 11.4 | 11.1 |
P/B | 1.7 | 1.8 | 1.7 | 1.9 | 2.2 | 2.0 | 1.8 | 1.6 |
P/S | 0.7 | 0.9 | 0.7 | 0.7 | 1.0 | 1.0 | 0.9 | 0.9 |
Dividend yield | 3.2 % | 2.5 % | 3.3 % | 4.1 % | 3.1 % | 3.2 % | 3.3 % | 3.4 % |
Equity ratio | 36.0 % | 41.2 % | 39.7 % | 43.7 % | 50.1 % | 55.6 % | 58.7 % | 60.4 % |
Gearing ratio | 53.3 % | 27.8 % | 25.2 % | 10.4 % | 5.4 % | -5.4 % | -14.2 % | -21.3 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 1,074.0 | 1,200.0 | 1,101.0 | 1,193.8 | 4,568.8 | 980.2 | 1,053.2 | 1,024.2 | 1,162.7 |
EBITDA | 132.5 | 178.6 | 170.0 | 117.5 | 598.6 | 105.8 | 106.5 | 122.7 | 170.8 |
EBIT | 104.0 | 150.4 | 140.4 | 88.9 | 483.7 | 76.0 | 76.8 | 93.0 | 141.1 |
Profit before taxes | 95.7 | 140.9 | 134.5 | 81.8 | 452.9 | 71.0 | 71.8 | 88.0 | 136.1 |
Net income | 72.7 | 107.6 | 107.5 | 59.0 | 346.8 | 50.2 | 50.7 | 62.2 | 96.3 |
ShowingAll content types
Invitation to Cargotec's Capital Markets Days on 28–29 May 2024
Cargotec corporation: Notice to Annual General Meeting 2024
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