Glaston
0.85 EUR +3.66%4,948 investors are following this company
Glaston is an industrial company with specialist expertise in glass technology. The products include a wide range of glass refinements that involve lamination, tempering, and bending. In addition, associated aftermarket service is offered. The company operates worldwide, with the Nordic region as its home market. The customers consist of private actors. Glaston is headquartered in Helsinki.
P/E (24e)
10.78
EV/EBIT (adj.) (24e)
7.02
P/B (24e)
1
Dividend yield-% (24e)
5.88 %
Target price
0.95 EUR
Recommendation
Accumulate
Updated
15.2.2024
NASDAQ Helsinki
GLA1V
Daily low / high price
0.82 / 0.88
EUR
Market cap
71.65M EUR
Turnover
128.48K EUR
Volume
154K
Risk and recommendation
HighRiskLow
SellRecommendationBuy
Analyst
Erkki Vesola
Analyst
Latest videos
Financial calendar
General meeting
2024-04-09
Interim report
2024-05-03
Interim report
2024-08-09
Interim report
2024-10-30
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Ahlstrom Capital Bv | 26.4 % | 26.4 % |
Hymy Lahtinen Oy | 12.2 % | 12.2 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Veli-matti Reinikkala | 2024-02-19 | 16,066EUR |
Veli-matti Reinikkala | 2023-12-15 | 7,310EUR |
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This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 170.1 | 182.7 | 213.5 | 219.7 | 223.1 | 240.1 | 251.6 | 264.8 |
growth-% | -6.0 % | 7.4 % | 16.9 % | 2.9 % | 1.5 % | 7.7 % | 4.8 % | 5.2 % |
EBITDA | 7.6 | 13.0 | 15.3 | 15.7 | 19.5 | 21.4 | 23.7 | 25.3 |
EBIT (adj.) | 6.0 | 6.6 | 9.9 | 11.4 | 11.6 | 13.7 | 15.6 | 16.9 |
EBIT | -0.5 | 5.1 | 7.7 | 8.1 | 11.6 | 13.7 | 15.6 | 16.9 |
Profit before taxes | -3.3 | 1.2 | 4.8 | 6.9 | 10.0 | 12.1 | 14.2 | 15.7 |
Net income | -5.5 | 1.1 | 3.1 | 5.0 | 6.6 | 8.4 | 9.9 | 11.0 |
EPS (adj.) | 0.01 | 0.05 | 0.06 | 0.10 | 0.08 | 0.10 | 0.12 | 0.13 |
growth-% | -71.6 % | 288.7 % | 27.2 % | 57.2 % | -20.4 % | 26.0 % | 17.7 % | 11.1 % |
Dividend | 0.02 | 0.03 | 0.04 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 |
Dividend ratio | -30.9 % | 227.6 % | 108.7 % | 83.5 % | 63.4 % | 50.3 % | 51.3 % | 46.2 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 4.4 % | 7.1 % | 7.2 % | 7.1 % | 8.7 % | 8.9 % | 9.4 % | 9.6 % |
EBIT-% (adj.) | 3.5 % | 3.6 % | 4.6 % | 5.2 % | 5.2 % | 5.7 % | 6.2 % | 6.4 % |
EBIT-% | -0.3 % | 2.8 % | 3.6 % | 3.7 % | 5.2 % | 5.7 % | 6.2 % | 6.4 % |
ROE | -7.7 % | 1.6 % | 4.5 % | 7.3 % | 9.4 % | 11.3 % | 12.5 % | 13.0 % |
ROI | -0.2 % | 4.6 % | 6.5 % | 8.5 % | 11.8 % | 13.7 % | 15.4 % | 16.6 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 0.89 | 1.14 | 0.90 | 0.74 | 0.85 | 0.85 | 0.85 | 0.85 |
Shares | 84.3 | 84.3 | 84.3 | 84.3 | 84.3 | 84.3 | 84.3 | 84.3 |
Market cap | 75.0 | 96.1 | 76.0 | 62.0 | 71.6 | 71.6 | 71.6 | 71.6 |
Enterprise value | 108.5 | 114.4 | 89.4 | 72.8 | 81.3 | 77.4 | 71.4 | 65.3 |
EV/S | 0.6 | 0.6 | 0.4 | 0.3 | 0.4 | 0.3 | 0.3 | 0.2 |
EV/EBITDA | 14.3 | 8.8 | 5.8 | 4.6 | 4.2 | 3.6 | 3.0 | 2.6 |
EV/EBIT (adj.) | 18.1 | 17.4 | 9.1 | 6.4 | 7.0 | 5.6 | 4.6 | 3.9 |
EV/EBIT | - | 22.4 | 11.7 | 9.0 | 7.0 | 5.6 | 4.6 | 3.9 |
P/E (adj.) | 69.8 | 23.0 | 14.3 | 7.4 | 10.8 | 8.6 | 7.3 | 6.5 |
P/E | - | 86.5 | 24.5 | 12.3 | 10.8 | 8.6 | 7.3 | 6.5 |
P/B | 1.1 | 1.4 | 1.1 | 0.9 | 1.0 | 0.9 | 0.9 | 0.8 |
P/S | 0.4 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
Dividend yield | 2.3 % | 2.6 % | 4.4 % | 6.8 % | 5.9 % | 5.9 % | 7.1 % | 7.1 % |
Equity ratio | 41.2 % | 42.3 % | 44.0 % | 44.5 % | 45.9 % | 47.1 % | 49.7 % | 52.2 % |
Gearing ratio | 48.7 % | 26.9 % | 19.6 % | 15.6 % | 13.4 % | 7.5 % | -0.3 % | -7.3 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 51.3 | 55.2 | 53.4 | 59.8 | 219.7 | 52.8 | 56.0 | 54.0 | 60.3 |
EBITDA | 3.7 | 3.8 | 3.5 | 4.8 | 15.7 | 4.8 | 4.3 | 4.6 | 5.9 |
EBIT | 1.9 | 1.9 | 1.7 | 2.7 | 8.1 | 2.8 | 2.3 | 2.6 | 3.9 |
Profit before taxes | 1.4 | 1.9 | 1.1 | 2.5 | 6.9 | 2.4 | 1.9 | 2.2 | 3.5 |
Net income | 1.0 | 1.0 | 0.8 | 2.3 | 5.0 | 1.6 | 1.3 | 1.5 | 2.3 |
ShowingAll content types
Glaston Oyj Abp - Managers' Transactions
Glaston Oyj: Inside information: Toni Laaksonen appointed President and CEO of Glaston Corporation
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