Wärtsilä

Overview

Financials & Estimates

Ownership

Dividend

Valuation

Income statement

Quarterly estimates

Valuation

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

	2019	2020	2021	2022	2023	2024	2025	2026e	2027e	2028e	2029e
Share price (EUR)	9.85	8.15	12.36	7.87	13.13	17.11	30.40	32.86	32.86	32.86	32.86
Shares	591.7	591.7	590.0	590.0	589.0	586.4	586.4	585.2	585.2	585.2	585.2
Market cap	5,828.5	4,822.5	7,292.7	4,643.5	7,733.9	10,034.0	17,827.8	19,228.1	19,228.1	19,228.1	19,228.1
Enterprise value	6,566.5	5,230.5	7,300.7	5,131.5	7,775.9	9,246.0	15,819.8	17,231.3	16,806.1	16,268.5	15,669.4
EV/S	1.3	1.1	1.5	0.9	1.3	1.4	2.3	2.5	2.2	1.9	1.7
EV/EBITDA	12.1	12.8	15.3	21.4	13.1	10.9	15.7	16.2	14.3	12.4	11.1
EV/EBIT (adj.)	13.2	17.0	18.8	15.6	15.6	12.9	19.1	18.8	16.6	14.3	12.7
EV/EBIT	18.2	22.4	23.3	neg.	19.3	12.9	19.0	19.1	16.6	14.3	12.7
P/E (adj.)	17.2	24.3	28.3	16.5	23.6	20.0	28.7	28.3	25.1	22.1	20.3
P/E	27.0	36.0	37.8	neg.	30.0	19.9	28.5	29.0	25.2	22.2	20.4
P/B	2.4	2.2	3.2	2.2	3.5	4.0	6.2	6.6	5.8	5.0	4.4
P/S	1.1	1.0	1.5	0.8	1.3	1.6	2.6	2.8	2.6	2.3	2.1
Dividend yield	4.9 %	2.5 %	1.9 %	3.3 %	2.4 %	2.6 %	3.5 %	1.8 %	2.0 %	2.2 %	2.4 %
Equity ratio	41.4 %	37.8 %	38.6 %	35.8 %	36.2 %	36.1 %	37.2 %	38.5 %	41.6 %	43.7 %	46.2 %
Gearing ratio	30.6 %	18.7 %	0.3 %	22.7 %	1.9 %	-31.1 %	-69.6 %	-68.3 %	-72.6 %	-77.5 %	-82.0 %

	2019	2020	2021	2022	2023	2024	2025	2026e	2027e	2028e	2029e
Share price (EUR)	9.85	8.15	12.36	7.87	13.13	17.11	30.40	32.86	32.86	32.86	32.86
Shares	591.7	591.7	590.0	590.0	589.0	586.4	586.4	585.2	585.2	585.2	585.2
Market cap	5,828.5	4,822.5	7,292.7	4,643.5	7,733.9	10,034.0	17,827.8	19,228.1	19,228.1	19,228.1	19,228.1
Enterprise value	6,566.5	5,230.5	7,300.7	5,131.5	7,775.9	9,246.0	15,819.8	17,231.3	16,806.1	16,268.5	15,669.4
EV/S	1.3	1.1	1.5	0.9	1.3	1.4	2.3	2.5	2.2	1.9	1.7
EV/EBITDA	12.1	12.8	15.3	21.4	13.1	10.9	15.7	16.2	14.3	12.4	11.1
EV/EBIT (adj.)	13.2	17.0	18.8	15.6	15.6	12.9	19.1	18.8	16.6	14.3	12.7
EV/EBIT	18.2	22.4	23.3	neg.	19.3	12.9	19.0	19.1	16.6	14.3	12.7
P/E (adj.)	17.2	24.3	28.3	16.5	23.6	20.0	28.7	28.3	25.1	22.1	20.3
P/E	27.0	36.0	37.8	neg.	30.0	19.9	28.5	29.0	25.2	22.2	20.4
P/B	2.4	2.2	3.2	2.2	3.5	4.0	6.2	6.6	5.8	5.0	4.4
P/S	1.1	1.0	1.5	0.8	1.3	1.6	2.6	2.8	2.6	2.3	2.1
Dividend yield	4.9 %	2.5 %	1.9 %	3.3 %	2.4 %	2.6 %	3.5 %	1.8 %	2.0 %	2.2 %	2.4 %
Equity ratio	41.4 %	37.8 %	38.6 %	35.8 %	36.2 %	36.1 %	37.2 %	38.5 %	41.6 %	43.7 %	46.2 %
Gearing ratio	30.6 %	18.7 %	0.3 %	22.7 %	1.9 %	-31.1 %	-69.6 %	-68.3 %	-72.6 %	-77.5 %	-82.0 %

Valuation

32.86 EUR

+0.18 %

Valuation

Valuation

Wärtsilä

32.86 EUR

+0.18 %

Valuation