Apetit
14.2 EUR +1.43%4,443 investors are following this company
Appetite operates in the food industry. The company is a retailer of food products, with the largest range of vegetable food solutions, vegetable products, frozen meals and seafood. The largest presence is in the Nordic market. The company was originally founded in 1950 and is headquartered in Helsinki.
P/E (24e)
12.55
EV/EBIT (adj.) (24e)
8.87
P/B (24e)
0.85
Dividend yield-% (24e)
5.28 %
Target price
15.50 EUR
Recommendation
Accumulate
Updated
28.4.2024
NASDAQ Helsinki
APETIT
Daily low / high price
13.7 / 14.2
EUR
Market cap
89.71M EUR
Turnover
21.61K EUR
Volume
1.6K
Business risk
Valuation risk
Current
Previous
Analyst
![Pauli Lohi Pauli Lohi](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90,fit=cover/https://core.inderes.fi/sites/default/files/2023-08/Pauli_Lohi.jpg)
Pauli Lohi
Analyst
Financial calendar
Interim report
2024-08-15
Business review
2024-10-25
Annual report
2025-02-13
General meeting
2025-04-10
Business review
2025-04-25
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Valion Pension Fund | 9.2 % | 9.2 % |
Berner Oy | 7.9 % | 7.9 % |
Premium
This content is for our Premium customers only.
Insider Transactions
Insider | Date | Total value |
---|---|---|
Kirsi Ahlgrén | 2024-02-28 | 6,500EUR |
Markku Pärssinen | 2023-12-12 | 16,268EUR |
Premium
This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 292.9 | 283.9 | 181.7 | 175.5 | 166.5 | 172.7 | 178.8 | 183.2 |
growth-% | -1.3 % | -3.1 % | -36.0 % | -3.4 % | -5.1 % | 3.7 % | 3.5 % | 2.5 % |
EBITDA | 10.0 | 9.1 | 9.4 | 13.2 | 14.5 | 13.8 | 14.2 | 14.7 |
EBIT (adj.) | 3.9 | 2.8 | 3.5 | 7.5 | 7.9 | 7.2 | 7.4 | 7.6 |
EBIT | 3.9 | 2.8 | 3.5 | 7.5 | 7.9 | 7.2 | 7.4 | 7.6 |
Profit before taxes | 3.7 | 2.8 | 3.7 | 11.2 | 9.1 | 7.9 | 7.9 | 8.1 |
Net income | 3.1 | 2.3 | 3.2 | 9.8 | 7.1 | 6.5 | 6.5 | 6.7 |
EPS (adj.) | 0.50 | 0.38 | 0.51 | 1.54 | 1.13 | 1.03 | 1.02 | 1.06 |
growth-% | -24.6 % | 35.0 % | 204.7 % | -26.7 % | -9.2 % | -0.3 % | 3.2 % | |
Dividend | 0.50 | 0.40 | 0.50 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 |
Dividend ratio | 100.6 % | 106.6 % | 98.7 % | 48.6 % | 66.3 % | 73.0 % | 73.2 % | 71.0 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 3.4 % | 3.2 % | 5.2 % | 7.5 % | 8.7 % | 8.0 % | 8.0 % | 8.0 % |
EBIT-% (adj.) | 1.3 % | 1.0 % | 1.9 % | 4.3 % | 4.8 % | 4.1 % | 4.1 % | 4.2 % |
EBIT-% | 1.3 % | 1.0 % | 1.9 % | 4.3 % | 4.8 % | 4.1 % | 4.1 % | 4.2 % |
ROE | 3.3 % | 2.5 % | 3.4 % | 9.8 % | 6.8 % | 6.1 % | 6.0 % | 6.0 % |
ROI | 3.4 % | 2.7 % | 3.5 % | 11.0 % | 8.4 % | 7.4 % | 7.3 % | 7.3 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 10.70 | 12.85 | 10.20 | 13.15 | 14.20 | 14.20 | 14.20 | 14.20 |
Shares | 6.2 | 6.2 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 |
Market cap | 66.5 | 79.8 | 64.4 | 83.1 | 89.7 | 89.7 | 89.7 | 89.7 |
Enterprise value | 75.0 | 92.6 | 39.7 | 63.5 | 70.5 | 70.9 | 71.5 | 71.8 |
EV/S | 0.3 | 0.3 | 0.2 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
EV/EBITDA | 7.5 | 10.2 | 4.2 | 4.8 | 4.9 | 5.1 | 5.0 | 4.9 |
EV/EBIT (adj.) | 19.4 | 32.7 | 11.5 | 8.4 | 8.9 | 9.9 | 9.7 | 9.4 |
EV/EBIT | 19.4 | 32.7 | 11.5 | 8.4 | 8.9 | 9.9 | 9.7 | 9.4 |
P/E (adj.) | 21.5 | 34.3 | 20.1 | 8.5 | 12.6 | 13.8 | 13.9 | 13.4 |
P/E | 21.5 | 34.3 | 20.1 | 8.5 | 12.6 | 13.8 | 13.9 | 13.4 |
P/B | 0.7 | 0.9 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
P/S | 0.2 | 0.3 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Dividend yield | 4.7 % | 3.1 % | 4.9 % | 5.7 % | 5.3 % | 5.3 % | 5.3 % | 5.3 % |
Equity ratio | 66.5 % | 59.3 % | 81.8 % | 78.9 % | 82.1 % | 82.6 % | 81.9 % | 81.6 % |
Gearing ratio | 21.7 % | 26.6 % | -13.2 % | -5.7 % | -6.7 % | -6.5 % | -5.9 % | -5.6 % |
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 45.0 | 39.7 | 42.6 | 175.5 | 42.2 | 40.1 | 39.7 | 44.4 | 166.5 |
EBITDA | 2.0 | 4.0 | 3.8 | 13.2 | 5.0 | 2.1 | 3.8 | 3.6 | 14.5 |
EBIT | 0.7 | 2.7 | 2.2 | 7.5 | 3.4 | 0.4 | 2.2 | 1.9 | 7.9 |
Profit before taxes | 1.0 | 4.1 | 3.9 | 11.2 | 2.7 | 0.9 | 2.8 | 2.7 | 9.1 |
Net income | 0.8 | 3.5 | 3.5 | 9.8 | 1.9 | 0.7 | 2.3 | 2.2 | 7.1 |
ShowingAll content types
Apetit Plc’s Business Review 1 January–31 March 2024: Operating profit clearly improved from comparison period
Organisational meeting of the Supervisory Board and election of the Board of Directors
Join Inderes community
Don't miss out - create an account and get all the possible benefits
Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools