Martela
1.27 EUR 0%4,373 investors are following this company
Martela designs, implements, and maintains work environments. The product portfolio is broad and consists of chairs, sofas, tables, storage, and other office accessories. In addition, a wide range of services is offered that concern ergonomic guidance, office furnishings, design, needs analysis and room maintenance, as well as relocation and recycling services. The company is headquartered in Helsinki.
P/E (24e)
22.45
EV/EBIT (adj.) (24e)
14.65
P/B (24e)
0.58
Dividend yield-% (24e)
-
Target price
1.20 EUR
Recommendation
Sell
Updated
15.2.2024
NASDAQ Helsinki
MARAS
Daily low / high price
1.23 / 1.27
EUR
Market cap
5.81M EUR
Turnover
4.79K EUR
Volume
3.9K
Risk and recommendation
HighRiskLow
SellRecommendationBuy
Analyst
Thomas Westerholm
Analyst
Financial calendar
Interim report
2024-05-14
Interim report
2024-08-16
Interim report
2024-11-08
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Marfort Oy | 11.5 % | 37.8 % |
Isku-Yhtymä Oy | 9.9 % | 2.8 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Kalle Lehtonen | 2022-11-04 | 5,749EUR |
Kalle Lehtonen | 2022-11-04 | 4,956EUR |
Premium
This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 88.4 | 91.9 | 106.7 | 94.4 | 97.5 | 100.7 | 102.8 | 104.9 |
growth-% | -16.8 % | 4.0 % | 16.1 % | -11.5 % | 3.3 % | 3.3 % | 2.1 % | 2.0 % |
EBITDA | 2.5 | 4.1 | 8.3 | 4.4 | 7.9 | 8.4 | 8.5 | 8.7 |
EBIT (adj.) | -4.0 | -0.3 | 1.0 | -2.4 | 1.3 | 1.8 | 1.9 | 2.1 |
EBIT | -4.0 | -1.3 | 2.5 | -2.4 | 1.3 | 1.8 | 1.9 | 2.1 |
Profit before taxes | -4.8 | -2.3 | 1.3 | -3.3 | 0.4 | 1.2 | 1.3 | 1.5 |
Net income | -4.8 | -2.4 | 2.6 | -3.5 | 0.3 | 1.0 | 1.0 | 1.2 |
EPS (adj.) | -1.16 | -0.32 | 0.30 | -0.78 | 0.06 | 0.21 | 0.23 | 0.26 |
growth-% | -358.1 % | 273.5 % | 9.5 % | 10.7 % | ||||
Dividend | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 0.02 | 0.06 | 0.18 |
Dividend ratio | 17.7 % | 9.5 % | 25.9 % | 70.0 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 2.9 % | 4.5 % | 7.8 % | 4.7 % | 8.1 % | 8.3 % | 8.3 % | 8.3 % |
EBIT-% (adj.) | -4.5 % | -0.3 % | 0.9 % | -2.5 % | 1.3 % | 1.8 % | 1.9 % | 2.0 % |
EBIT-% | -4.5 % | -1.4 % | 2.3 % | -2.5 % | 1.3 % | 1.8 % | 1.9 % | 2.0 % |
ROE | -35.3 % | -21.7 % | 20.7 % | -30.0 % | 2.6 % | 9.3 % | 9.3 % | 9.5 % |
ROI | -14.0 % | -5.2 % | 8.8 % | -7.8 % | 4.7 % | 6.4 % | 6.8 % | 7.4 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 3.09 | 2.29 | 2.45 | 1.28 | 1.27 | 1.27 | 1.27 | 1.27 |
Shares | 4.1 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 |
Market cap | 12.8 | 10.3 | 11.1 | 5.8 | 5.7 | 5.7 | 5.7 | 5.7 |
Enterprise value | 17.1 | 18.1 | 19.2 | 18.9 | 19.2 | 18.2 | 17.1 | 16.0 |
EV/S | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
EV/EBITDA | 6.8 | 4.4 | 2.3 | 4.3 | 2.4 | 2.2 | 2.0 | 1.8 |
EV/EBIT (adj.) | - | - | 19.4 | - | 14.7 | 10.1 | 8.9 | 7.7 |
EV/EBIT | - | - | 7.7 | - | 14.7 | 10.1 | 8.9 | 7.7 |
P/E (adj.) | - | - | 8.1 | - | 22.4 | 6.0 | 5.5 | 5.0 |
P/E | - | - | 4.3 | - | 22.4 | 6.0 | 5.5 | 5.0 |
P/B | 1.1 | 1.0 | 0.8 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 |
P/S | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Dividend yield | 4.1 % | 1.6 % | 4.7 % | 14.1 % | ||||
Equity ratio | 22.7 % | 22.2 % | 24.7 % | 19.3 % | 20.2 % | 21.8 % | 23.4 % | 25.0 % |
Gearing ratio | 37.9 % | 72.6 % | 58.6 % | 137.2 % | 137.2 % | 115.8 % | 97.1 % | 81.8 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 24.1 | 19.4 | 24.5 | 26.4 | 94.4 | 21.9 | 21.2 | 26.5 | 27.9 |
EBITDA | -0.1 | -1.4 | 2.5 | 3.5 | 4.4 | 1.1 | 1.1 | 2.8 | 2.8 |
EBIT | -1.8 | -2.9 | 0.8 | 1.5 | -2.4 | -0.5 | -0.5 | 1.2 | 1.2 |
Profit before taxes | -2.1 | -3.0 | 0.6 | 1.2 | -3.3 | -0.8 | -0.8 | 1.0 | 0.9 |
Net income | -2.2 | -3.0 | 0.7 | 1.0 | -3.5 | -0.8 | -0.8 | 0.9 | 0.9 |
ShowingAll content types
Resolutions of Martela Corporation Annual General Meeting
The Board of Directors of Martela Corporation Resolved on an Incentive Plan for the Group’s Key Employees
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