Lindex Group
2.96 EUR -5.43%6,618 investors are following this company
Lindex Group operates in the retail industry. The Group manages a number of stores around larger shopping centers and commercial premises located in the Nordic market. The Group is a reseller of several brands and the range consists of shoes and associated accessories. The company is headquartered in Helsinki.
P/E (24e)
13.31
EV/EBIT (adj.) (24e)
13.21
P/B (24e)
1.13
Dividend yield-% (24e)
-
Target price
3.20 EUR
Recommendation
Accumulate
Updated
11.2.2024
NASDAQ Helsinki
LINDEX
Daily low / high price
2.96 / 3.17
EUR
Market cap
470.71M EUR
Turnover
1.28M EUR
Volume
425K
Risk and recommendation
HighRiskLow
SellRecommendationBuy
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Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Nordic Retail Partners Jv Ky | 15.1 % | 15.1 % |
Varma Mutual Pension Insurance Company | 8.3 % | 8.3 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Susanne Järkbratt Ehnbåge | 2023-10-31 | 21,944EUR |
Björkman Stefan | 2023-03-27 | 2,013,046EUR |
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Forum updates
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 790.7 | 899.0 | 981.7 | 951.7 | 975.5 | 992.0 | 992.8 | 994.8 |
growth-% | 19,767,400.0 % | 13.7 % | 9.2 % | -3.1 % | 2.5 % | 1.7 % | 0.1 % | 0.2 % |
EBITDA | -252.4 | 185.0 | 258.1 | 176.7 | 176.8 | 195.8 | 198.7 | 201.1 |
EBIT (adj.) | 4.9 | 68.3 | 79.8 | 80.1 | 76.8 | 77.0 | 80.6 | 84.2 |
EBIT | -252.4 | 82.1 | 154.9 | 76.5 | 76.8 | 77.0 | 80.6 | 84.2 |
Profit before taxes | -294.0 | 65.2 | 129.2 | 46.6 | 44.8 | 45.8 | 50.1 | 54.5 |
Net income | -291.6 | 47.9 | 101.7 | 51.7 | 35.8 | 36.1 | 39.6 | 43.0 |
EPS (adj.) | -0.48 | 0.32 | 0.32 | 0.16 | 0.22 | 0.22 | 0.24 | 0.26 |
growth-% | 0.4 % | -50.5 % | 38.4 % | -0.7 % | 9.5 % | 8.7 % | ||
Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.12 | 0.13 |
Dividend ratio | 40.0 % | 50.0 % | 50.0 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | -31.9 % | 20.6 % | 26.3 % | 18.6 % | 18.1 % | 19.7 % | 20.0 % | 20.2 % |
EBIT-% (adj.) | 0.6 % | 7.6 % | 8.1 % | 8.4 % | 7.9 % | 7.8 % | 8.1 % | 8.5 % |
EBIT-% | -31.9 % | 9.1 % | 15.8 % | 8.0 % | 7.9 % | 7.8 % | 8.1 % | 8.5 % |
ROE | -57.9 % | 20.2 % | 33.7 % | 14.2 % | 8.7 % | 8.1 % | 8.3 % | 8.6 % |
ROI | -22.0 % | 7.6 % | 15.3 % | 7.6 % | 7.3 % | 7.2 % | 7.3 % | 7.5 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 1.16 | 2.16 | 1.97 | 2.90 | 2.96 | 2.96 | 2.96 | 2.96 |
Shares | 72.0 | 154.4 | 155.9 | 158.7 | 163.7 | 163.7 | 163.7 | 163.7 |
Market cap | 83.8 | 333.5 | 307.4 | 460.2 | 484.6 | 484.6 | 484.6 | 484.6 |
Enterprise value | 808.3 | 920.2 | 761.8 | 981.8 | 1,014.4 | 977.9 | 949.7 | 924.6 |
EV/S | 1.0 | 1.0 | 0.8 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 |
EV/EBITDA | - | 5.0 | 3.0 | 5.6 | 5.7 | 5.0 | 4.8 | 4.6 |
EV/EBIT (adj.) | 165.0 | 13.5 | 9.5 | 12.3 | 13.2 | 12.7 | 11.8 | 11.0 |
EV/EBIT | - | 11.2 | 4.9 | 12.8 | 13.2 | 12.7 | 11.8 | 11.0 |
P/E (adj.) | - | 6.7 | 6.1 | 18.0 | 13.3 | 13.4 | 12.2 | 11.3 |
P/E | - | 5.1 | 3.0 | 9.0 | 13.3 | 13.4 | 12.2 | 11.3 |
P/B | 0.4 | 1.2 | 0.9 | 1.2 | 1.1 | 1.0 | 1.0 | 0.9 |
P/S | 0.1 | 0.4 | 0.3 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Dividend yield | 3.0 % | 4.1 % | 4.4 % | |||||
Equity ratio | 14.5 % | 18.9 % | 26.3 % | 30.0 % | 32.9 % | 34.7 % | 35.9 % | 36.9 % |
Gearing ratio | 351.5 % | 218.8 % | 135.4 % | 132.7 % | 123.5 % | 106.1 % | 94.9 % | 85.7 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 198.5 | 252.0 | 226.9 | 274.3 | 951.7 | 198.5 | 260.0 | 235.0 | 282.0 |
EBITDA | 22.7 | 55.3 | 45.2 | 53.5 | 176.7 | 22.2 | 55.2 | 45.2 | 54.2 |
EBIT | -2.9 | 30.2 | 20.3 | 28.9 | 76.5 | -2.8 | 30.2 | 20.2 | 29.2 |
Profit before taxes | -10.2 | 23.2 | 13.6 | 20.0 | 46.6 | -10.8 | 22.2 | 12.2 | 21.2 |
Net income | 19.5 | 13.8 | 8.6 | 9.7 | 51.7 | -8.6 | 17.8 | 9.8 | 17.0 |
ShowingAll content types
Lindex Q1 morning result: Earnings slightly missed, progress in restructuring disputes
Lindex Group Oyj: Lindexkoncernens delårsrapport 1.1-31.3.2024
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