Boreo
11.8
EUR
+1.29 %
BOREO
NASDAQ Helsinki
Electrical Equipment
Industrials
4,340 following
+1.29%
-1.26%
-22.37%
-29.34%
-41.58%
-58.89%
-53.54%
-83.38%
+9.26%
+279.24%
www.boreo.com
Boreo operates in the retail industry. The company's products consist of electronics products and include everything from batteries, components, antennas, and cables to tools for demanding environments in electronics and communication. Sales take place via the company's E-commerce platform but also via physical stores. The largest presence is in the Finnish and Baltic markets. Boreo was previously known as Yleiselektroniikka and is headquartered in Espoo.
P/E (adj.) (24e)
27.88
EV/EBIT (adj.) (24e)
12.77
P/B (24e)
0.72
Dividend yield-% (24e)
-
Target price
15.00 EUR
Recommendation
Reduce
Updated
31.10.2024
NASDAQ Helsinki
BOREO
Daily low / high price
11.65 / 11.8
EUR
Market cap
31.88M EUR
Turnover
1.59K EUR
Volume
135
Business risk
Valuation risk
Current
Previous
Latest research
Analyst
Petri Gostowski
Co. Head of Research
Financial calendar
Annual report
2025-02-13
General meeting
2025-04-15
Interim report
2025-04-29
Interim report
2025-08-06
Interim report
2025-10-29
Income statement
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 97.5 | 122.0 | 160.4 | 161.3 | 125.2 | 130.5 | 134.9 | 138.0 |
| growth-% | 62.9 % | 25.1 % | 31.5 % | 0.6 % | -22.4 % | 4.2 % | 3.4 % | 2.3 % |
| EBITDA | 6.3 | 9.2 | 10.5 | 11.7 | 8.9 | 10.1 | 10.8 | 11.6 |
| EBIT (adj.) | 5.9 | 7.2 | 8.7 | 9.5 | 6.5 | 7.3 | 8.1 | 8.5 |
| EBIT | 4.3 | 5.8 | 6.5 | 6.3 | 3.5 | 4.7 | 5.5 | 6.8 |
| Profit before taxes | 3.6 | 4.6 | 5.5 | 3.5 | 1.0 | 2.8 | 3.7 | 5.6 |
| Net income | 2.3 | 3.6 | 3.4 | 1.2 | 0.5 | 2.1 | 2.8 | 4.3 |
| EPS (adj.) | 1.54 | 1.86 | 1.82 | 1.40 | 0.42 | 1.07 | 1.40 | 1.77 |
| growth-% | 71.0 % | 20.6 % | -1.9 % | -23.0 % | -69.8 % | 153.5 % | 30.5 % | 26.3 % |
| Dividend | 0.40 | 0.42 | 0.44 | 0.00 | 0.00 | 0.00 | 0.10 | 0.15 |
| Dividend ratio | 44.1 % | 30.9 % | 34.7 % | 9.5 % | 9.3 % |
Profitability and return on capital
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| EBITDA-% | 6.4 % | 7.5 % | 6.5 % | 7.2 % | 7.1 % | 7.7 % | 8.0 % | 8.4 % |
| EBIT-% (adj.) | 6.0 % | 5.9 % | 5.4 % | 5.9 % | 5.2 % | 5.6 % | 6.0 % | 6.2 % |
| EBIT-% | 4.4 % | 4.7 % | 4.0 % | 3.9 % | 2.8 % | 3.6 % | 4.0 % | 4.9 % |
| ROE | 15.0 % | 19.2 % | 11.0 % | 3.1 % | 1.1 % | 5.0 % | 7.0 % | 10.1 % |
| ROI | 13.4 % | 10.4 % | 8.5 % | 7.4 % | 4.2 % | 6.3 % | 7.3 % | 9.0 % |
Valuation
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Share price (EUR) | 29.40 | 59.00 | 36.80 | 28.70 | 11.80 | 11.80 | 11.80 | 11.80 |
| Shares | 2.6 | 2.6 | 2.7 | 2.7 | 2.7 | 2.7 | 2.7 | 2.7 |
| Market cap | 75.0 | 154.4 | 99.1 | 77.1 | 31.7 | 31.7 | 31.7 | 31.7 |
| Enterprise value | 94.8 | 195.3 | 145.5 | 129.7 | 82.7 | 81.1 | 78.8 | 75.5 |
| EV/S | 1.0 | 1.6 | 0.9 | 0.8 | 0.7 | 0.6 | 0.6 | 0.5 |
| EV/EBITDA | 15.1 | 21.3 | 13.9 | 11.1 | 9.3 | 8.1 | 7.3 | 6.5 |
| EV/EBIT (adj.) | 16.2 | 27.2 | 16.8 | 13.7 | 12.8 | 11.1 | 9.7 | 8.9 |
| EV/EBIT | 22.2 | 33.8 | 22.6 | 20.5 | 23.4 | 17.3 | 14.4 | 11.1 |
| P/E (adj.) | 19.1 | 31.8 | 20.2 | 20.4 | 27.9 | 11.0 | 8.4 | 6.7 |
| P/E | 32.4 | 43.3 | 28.5 | 61.8 | - | 108.1 | 28.4 | 10.5 |
| P/B | 4.8 | 7.2 | 2.5 | 1.9 | 0.7 | 0.8 | 0.8 | 0.7 |
| P/S | 0.8 | 1.3 | 0.6 | 0.5 | 0.3 | 0.2 | 0.2 | 0.2 |
| Dividend yield | 1.4 % | 0.7 % | 1.2 % | 0.9 % | 1.3 % | |||
| Equity ratio | 25.5 % | 24.3 % | 34.4 % | 36.2 % | 41.8 % | 38.4 % | 39.5 % | 42.0 % |
| Gearing ratio | 119.4 % | 181.9 % | 74.0 % | 87.0 % | 68.5 % | 80.7 % | 73.0 % | 61.4 % |
Quarter data
| Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 37.1 | 161.3 | 32.6 | 33.8 | 28.4 | 30.4 | 125.2 | ||
| EBITDA | 2.7 | 11.7 | 1.0 | 3.0 | 2.4 | 2.5 | 8.9 | ||
| EBIT | 1.3 | 6.3 | -0.4 | 1.6 | 1.1 | 1.2 | 3.5 | ||
| Profit before taxes | 0.4 | 3.5 | -1.0 | 1.0 | 0.4 | 0.5 | 1.0 | ||
| Net income | 0.1 | 1.2 | -0.9 | 0.7 | 0.3 | 0.3 | 0.5 |
ShowingAll content types
Boreo, Q3'24
Boreo Plc, INTERIM REPORT JAN. 1 TO SEP. 30, 2024
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Boreo will publish its Interim Report January-September 2024 on 31 October 2024
