Suominen: Price is not bad, but drivers are still hidden
Suominen's Q1 report published yesterday turned to the negative, especially due to the guidance being lowered. We cut our estimates for Suominen significantly for 2022 and clearly also for the coming years. Although the share price starts to include a lot of negatives looking beyond this year, we are still waiting for result drivers to turn around and risks to decrease.
Suominen
3.12
3.3
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Suominen is a manufacturing company. The company manufactures and develops a wide range of napkins, hygiene products, and medical applications. The production is based on non-woven fabrics that can be used for various purposes. Customers are found in a number of industries, with the largest operations in Europe and North America. The company is headquartered in Helsinki.
Read more on company pageKey Estimate Figures2022-05-04
2021 | 22e | 23e | |
---|---|---|---|
Revenue | 443.2 | 488.1 | 483.2 |
growth-% | -3.42 % | 10.13 % | -0.99 % |
EBIT (adj.) | 26.9 | 10.8 | 22.2 |
EBIT-% (adj.) | 6.08 % | 2.21 % | 4.59 % |
EPS (adj.) | 0.31 | 0.07 | 0.25 |
Dividend | 0.20 | 0.10 | 0.13 |
Dividend % | 3.86 % | 3.83 % | 4.98 % |
P/E (adj.) | 16.75 | 36.55 | 10.51 |
EV/EBITDA | 7.35 | 6.42 | 4.24 |