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Exel Composites: Doing the right things the right way

EXELResearch2022-05-02 08:06
Joonas Korkiakoski, Antti Viljakainen
Discuss
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Exel published its Q1 report on Friday. The company started the year with good growth and clearly better-than-expected performance. The measures taken to turn around the US unit seem to have been the right ones and carried out the right way. We think that the return/risk ratio justifies owning the share again.

Exel Composites is a manufacturing company. The company manufactures and markets composites used in demanding industrial environments. In addition to its core business, lamination and extrusion are also performed. The largest operations are found around Europe and Asia with customers in the manufacturing and aerospace industries. Exel Composites was founded in 1960 and is headquartered in Vantaa.

Read more on company page

Key Estimate Figures2022-05-02

202122e23e
Revenue134.4136.8142.3
growth-%23.7 %1.8 %4.0 %
EBIT (adj.)6.08.410.5
EBIT-% (adj.)4.5 %6.1 %7.4 %
EPS (adj.)0.070.110.14
Dividend0.050.050.06
Dividend %2.5 %0.3 %0.4 %
P/E (adj.)27.5139.3111.5
EV/EBITDA14.855.849.2

Forum discussions

Lauri and Exel could definitely shed some light on how many tube segments they actually intend to run on this “celebration” line for Flying ...
10/1/2026, 11:09 AM
by RationalBull
2
Tässä ollut kakkukahveihin syytä nyt useaan otteeseen Karjalainen oli eilisessä avajaisseremoniassa mukana, juttu luettavissa maksumuurin takana...
10/1/2026, 6:55 AM
by Lauri Haavisto
11
Great catch, once again we were ahead of the company’s press releases
10/1/2026, 6:19 AM
by Mika
1
Exel Sijoittajat Tiedotteet – Exel Sijoittajat From awards and reviews, to case studies and press releases, click here to sign up to the company...
10/1/2026, 6:15 AM
by Cadel
10
A listed company doesn’t fall for that so easily without considering a potential non-compete clause. I suppose it’s simply a matter of there...
9/30/2026, 11:47 AM
by TitoK
2
It would be interesting to know if this guy’s recruitment need came from Exel or if he contacted them himself. It would tell a lot about whether...
9/30/2026, 9:17 AM
by Buccaneer
1
Samaa mietin, että eikö ole mitään karenssia? Ihmetyttää myös miksi Exel ei ole ilmoittanut mitään tästä rekrytoinnista. Gurit on laittanut ...
9/30/2026, 7:25 AM
1