Ovaro Kiinteistösijoitus
3.76 EUR 0%4,305 investors are following this company
Ovaro Kiinteistösijoitus is a company focused on real estate investments and especially real estate development, which mainly buys, develops and sells offices and land areas. Ovaro also owns and rents offices and apartments. The company operates in various parts of Finland, but focuses its operations on Finland's growth centers, i.e. university towns and the capital region.
P/E (24e)
11.62
EV/EBIT (adj.) (24e)
12.05
P/B (24e)
0.66
Dividend yield-% (24e)
1.6 %
Target price
4.30 EUR
Recommendation
Accumulate
Updated
23.2.2024
NASDAQ Helsinki
OVARO
Daily low / high price
3.76 / 3.81
EUR
Market cap
32.34M EUR
Turnover
7.89K EUR
Volume
2.1K
Risk and recommendation
HighRiskLow
SellRecommendationBuy
Analyst
Frans-Mikael Rostedt
Analyst
Financial calendar
Interim report
2024-05-10
Interim report
2024-08-15
Interim report
2024-11-14
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Royal House | 15.3 % | 15.3 % |
Osuusasunnot | 14.1 % | 14.1 % |
Premium
This content is for our Premium customers only.
Insider Transactions
Insider | Date | Total value |
---|---|---|
Pekka Ollikainen | 2023-12-07 | 13,817EUR |
Pekka Ollikainen | 2023-12-07 | 13,817EUR |
Premium
This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 9.7 | 8.2 | 5.4 | 5.6 | 5.2 | 5.9 | 34.2 | 13.9 |
growth-% | -11.7 % | -15.6 % | -33.4 % | 3.0 % | -6.6 % | 13.2 % | 477.5 % | -59.2 % |
EBITDA | -11.7 | -11.6 | 0.6 | 3.1 | 3.2 | 9.3 | 2.3 | 3.3 |
EBIT (adj.) | -11.7 | -11.6 | 0.6 | 3.1 | 3.2 | 9.3 | 2.3 | 3.3 |
EBIT | -11.7 | -11.6 | 0.6 | 3.1 | 3.2 | 9.3 | 2.3 | 3.3 |
Profit before taxes | -14.4 | -14.0 | 0.4 | 2.8 | 2.8 | 8.6 | 1.8 | 2.9 |
Net income | -11.5 | -13.1 | 0.4 | 2.6 | 2.7 | 8.6 | 1.3 | 2.7 |
EPS (adj.) | -1.25 | -1.46 | 0.05 | 0.30 | 0.32 | 1.05 | 0.15 | 0.33 |
growth-% | 488.2 % | 6.9 % | 224.5 % | -85.3 % | 112.2 % | |||
Dividend | 0.00 | 0.00 | 0.03 | 0.13 | 0.06 | 0.08 | 0.10 | 0.15 |
Dividend ratio | 58.3 % | 42.3 % | 18.3 % | 7.6 % | 64.6 % | 45.6 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | -121.3 % | -142.4 % | 11.8 % | 56.2 % | 61.9 % | 156.3 % | 6.6 % | 23.8 % |
EBIT-% (adj.) | -121.3 % | -142.4 % | 11.8 % | 56.2 % | 61.9 % | 156.3 % | 6.6 % | 23.8 % |
EBIT-% | -121.3 % | -142.4 % | 11.8 % | 56.2 % | 61.9 % | 156.3 % | 6.6 % | 23.8 % |
ROE | -17.7 % | -25.2 % | 1.0 % | 5.7 % | 5.8 % | 16.9 % | 2.3 % | 4.8 % |
ROI | -8.7 % | -13.4 % | 1.1 % | 5.1 % | 5.4 % | 13.7 % | 3.2 % | 5.3 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 4.16 | 3.06 | 2.82 | 3.51 | 3.76 | 3.76 | 3.76 | 3.76 |
Shares | 9.2 | 9.0 | 8.7 | 8.4 | 8.2 | 8.2 | 8.2 | 8.2 |
Market cap | 38.3 | 27.5 | 24.6 | 29.5 | 31.0 | 31.0 | 31.0 | 31.0 |
Enterprise value | 89.4 | 30.5 | 35.4 | 37.1 | 39.0 | 48.4 | 37.8 | 16.1 |
EV/S | 9.2 | 3.7 | 6.5 | 6.6 | 7.5 | 8.2 | 1.1 | 1.2 |
EV/EBITDA | - | - | 55.0 | 11.8 | 12.1 | 5.2 | 16.7 | 4.8 |
EV/EBIT (adj.) | - | - | 55.0 | 11.8 | 12.1 | 5.2 | 16.7 | 4.8 |
EV/EBIT | - | - | 55.0 | 11.8 | 12.1 | 5.2 | 16.7 | 4.8 |
P/E (adj.) | - | - | 54.8 | 11.6 | 11.6 | 3.6 | 24.3 | 11.4 |
P/E | - | - | 54.8 | 11.6 | 11.6 | 3.6 | 24.3 | 11.4 |
P/B | 0.6 | 0.6 | 0.5 | 0.6 | 0.7 | 0.6 | 0.6 | 0.5 |
P/S | 4.0 | 3.4 | 4.5 | 5.3 | 5.9 | 5.2 | 0.9 | 2.2 |
Dividend yield | 1.1 % | 3.7 % | 1.6 % | 2.1 % | 2.7 % | 4.0 % | ||
Equity ratio | 50.7 % | 76.1 % | 70.8 % | 72.6 % | 78.4 % | 71.0 % | 82.1 % | 98.3 % |
Gearing ratio | 86.6 % | 6.5 % | 24.1 % | 16.4 % | 17.1 % | 31.6 % | 12.2 % | -25.8 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 1.4 | 1.4 | 1.4 | 1.4 | 5.6 | 1.2 | 1.3 | 1.3 | 1.4 |
EBITDA | -0.1 | 3.9 | -0.5 | -0.2 | 3.1 | -0.0 | 0.8 | 1.4 | 1.1 |
EBIT | -0.1 | 3.9 | -0.5 | -0.2 | 3.1 | -0.0 | 0.8 | 1.4 | 1.1 |
Profit before taxes | -0.2 | 3.9 | -0.5 | -0.3 | 2.8 | -0.1 | 0.7 | 1.3 | 1.0 |
Net income | -0.2 | 3.6 | -0.3 | -0.5 | 2.6 | -0.1 | 0.7 | 1.1 | 1.0 |
ShowingAll content types
More challenging operating environment reflected in the valuation of the Nordic real estate sector
Join Inderes community
Don't miss out - create an account and get all the possible benefits
Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools