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Femmesalkku: Orions väg till stjärnorna

ORNBVResearch2026-01-28 13:12
Marianne Palmu, Kaisa Vanha-Perttula
Discuss

Automatisk översättning: Ursprungligen publicerad på finska 2026-01-28 12:12 GMT. Ge feedback här.

Vi öppnade en ny position i den finska läkemedelsjätten när vi köpte Orion med en vikt på 15 % till Femmesalkku. Orion är på väg mot stjärnorna, drivet av Nubeqa som utvecklats för behandling av prostatacancer. Aktiens värdering stöds särskilt av Nubeqas nyligen stärkta långsiktiga vinsttillväxtutsikter samt en direktavkastning på 2,4 %. Värderingen kan visserligen inte anses vara billig, men Nubeqas utveckling har överraskat upprepade gånger och toppen för försäljningen kan fortfarande överraska med sin höjd vid decennieskiftet.

Femmesalkku grundades med ett startkapital på 20 000 EUR våren 2025. Vår portfölj stöds av högkvalitativa inhemska och utländska företag och fonder som har hållbara konkurrensfördelar och skapar aktieägarvärde, vilket tillsammans möjliggör önskad diversifiering på lång sikt.

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Femme

Orion operates in the pharmaceutical industry. The company conducts research and development of human and veterinary drugs, where the main focus is on diseases that affect the nervous system, as well as oncology and respiratory diseases. Today, the company's products are found on a global level, with the largest presence in the Nordic region and the rest of Europe. The company's head office is located in Espoo, Finland.

Read more on company page

Key Estimate Figures14/01

202425e26e
Revenue1,542.41,912.81,919.7
growth-%29.7 %24.0 %0.4 %
EBIT (adj.)416.5639.4639.9
EBIT-% (adj.)27.0 %33.4 %33.3 %
EPS (adj.)2.353.593.62
Dividend1.651.701.75
Dividend %3.6 %2.1 %2.1 %
P/E (adj.)19.523.223.0
EV/EBITDA10.416.816.3

Forum discussions

I replied here since it’s not specifically related to Orion:
9/26/2026, 3:14 PM
by Paapaa
1
What if the strategy at the time was to make a one-time purchase of all future dividends until the end of time, as long as the company does ...
9/26/2026, 2:41 PM
by Qwerty123
0
If you know better than the market when the share price is too high, then you sell those shares. If a company is buying back its own shares,...
9/26/2026, 2:34 PM
by Paapaa
1
[quote="veronmaksaja, post:804, topic:557"]\nOrion is paying a pretty steep price for buying back its shares. I doubt that buying at current...
9/26/2026, 12:31 PM
by Ilkka
6
It’s not that simple. If a company doesn’t have much debt and lacks new investment opportunities, acting that way right now can be a good idea...
9/26/2026, 10:34 AM
by TitoK
3
Inderes Orion Oyj: Omien osakkeiden hankinta viikolla 39/2026 - Inderes Orion Oyj: Omien osakkeiden hankinta viikolla 39/2026 Osakkeiden takaisinostot...
9/26/2026, 10:30 AM
by veronmaksaja
3
Orion’s Head of IR Tuukka Hirvonen talked about Orion as an investment target
9/8/2026, 3:12 PM
by Sijoittaja-alokas
6