Copyright © Inderes 2011 - present. All rights reserved.

Finnair

2.165

 

EUR

 

+0.12 %

FIA1S

NASDAQ Helsinki

Transport & Logistics

Industrials

13,301 following
+0.12%
-1.68%
-9.03%
-6.48%
-24.96%
-45.6%
-57.96%
-80.49%
-88.16%
-86.66%
investors.finnair.com

Finnair is a Finnish airline. The company offers a wide range of destinations to and from Europe, and to a large part of the world's continents. The flights are mainly found around the Nordic countries, Europe and Asia. In addition to regular flights, long-haul flights are offered. The company was founded in 1923 and is headquartered in Vantaa, Finland.

P/E (adj.) (24e)
7.99
EV/EBIT (adj.) (24e)
10.35
P/B (24e)
0.7
Dividend yield-% (24e)
2.31 %
Target price
2.50 EUR
Recommendation
Reduce
Updated
29.10.2024
NASDAQ Helsinki
FIA1S
Daily low / high price
2.163 / 2.205 EUR
Market cap
443.42M EUR
Turnover
213.65K EUR
Volume
98K
Business risk
Valuation risk
Current
Previous

Analyst

Antti Viljakainen
Antti Viljakainen
Head of Research

Latest videos

Finnair Oyj, Interim Report for January–September 2024
2024-10-29
Finnair Oyj, Half-year Report for January–June 2024
2024-07-19
Finnair Oyj, Interim Report for January–March 2024
2024-04-23

Financial calendar

Annual report
2025-02-13
General meeting
2025-03-27
Interim report
2025-04-29
Interim report
2025-07-16
Interim report
2025-10-30

Income statement

20202021202220232024e2025e2026e2027e
Revenue829.2838.42,356.62,988.53,028.93,119.63,177.53,295.2
growth-%-73.2 %1.1 %181.1 %26.8 %1.4 %3.0 %1.9 %3.7 %
EBITDA-120.7-134.6149.2537.6459.8489.5502.7506.9
EBIT (adj.)-595.3-469.9-163.9184.0132.4159.0176.0184.0
EBIT-464.5-454.4-200.6191.4131.0159.0176.0184.0
Profit before taxes-654.3-581.9-370.7119.167.783.397.6104.0
Net income-540.8-480.7-492.5241.254.166.678.183.2
EPS (adj.)-0.50-0.35-0.330.000.270.330.380.41
growth-%-199.9 %5,336.4 %20.5 %17.2 %6.6 %
Dividend0.000.000.000.000.050.080.100.10
Dividend ratio18.9 %24.5 %26.1 %25.0 %

Profitability and return on capital

20202021202220232024e2025e2026e2027e
EBITDA-%-14.6 %-16.1 %6.3 %18.0 %15.2 %15.7 %15.8 %15.4 %
EBIT-% (adj.)-71.8 %-56.0 %-7.0 %6.2 %4.4 %5.1 %5.5 %5.6 %
EBIT-%-56.0 %-54.2 %-8.5 %6.4 %4.3 %5.1 %5.5 %5.6 %
ROE-58.1 %-70.1 %-111.1 %48.8 %9.0 %10.1 %10.9 %10.7 %
ROI-16.5 %-14.3 %-6.3 %6.8 %5.1 %7.1 %8.0 %8.3 %

Valuation

20202021202220232024e2025e2026e2027e
Share price (EUR)0.760.600.390.042.172.172.172.17
Shares1,407.41,407.41,407.420,421.1204.2204.2204.2204.2
Market cap1,069.6844.4548.9816.8442.1442.1442.1442.1
Enterprise value2,624.62,588.22,253.61,920.41,370.51,201.51,061.51,057.3
EV/S3.23.11.00.60.50.40.30.3
EV/EBITDA--15.13.63.02.52.12.1
EV/EBIT (adj.)---10.410.37.66.05.7
EV/EBIT---10.010.57.66.05.7
P/E (adj.)---8.08.06.65.75.3
P/E---3.48.26.65.75.3
P/B1.21.81.31.40.70.60.60.5
P/S1.31.00.20.30.10.10.10.1
Dividend yield2.3 %3.7 %4.6 %4.7 %
Equity ratio24.6 %11.8 %9.9 %15.6 %17.0 %18.9 %21.0 %22.1 %
Gearing ratio151.1 %324.4 %269.0 %191.3 %147.1 %110.5 %82.7 %75.8 %

Quarter data

Q4/232023Q1/24Q2/24Q3/24Q4/24e2024eQ1/25eQ2/25e
Revenue727.22,988.5681.5766.1818.3763.03,028.9
EBITDA125.3537.665.6124.7158.5111.0459.8
EBIT27.3191.4-17.242.576.729.0131.0
Profit before taxes16.4119.1-37.622.671.611.067.7
Net income60.2241.2-29.918.057.38.854.1
Login in to make your own estimates and see other investors estimates.
ShowingAll content types

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
Create account