KH Group
0.564
EUR
-1.05 %
KHG
NASDAQ Helsinki
Conglomerates
Industrials
7,870 following
khgroup.com/en/investors
Sievi Capital is now a conglomerate with a new name KH Group. Our medium-term objective is to become an industrial group built around the business of KH-Koneet Group. KH Group’s share is listed on Nasdaq Helsinki.
P/E (adj.) (24e)
-23.46
EV/EBIT (adj.) (24e)
39.49
P/B (24e)
0.39
Dividend yield-% (24e)
-
Target price
0.68 EUR
Recommendation
Accumulate
Updated
4.11.2024
NASDAQ Helsinki
KHG
Daily low / high price
0.564 / 0.564
EUR
Market cap
32.76M EUR
Turnover
2.73K EUR
Volume
4.8K
Business risk
Valuation risk
Current
Previous
Latest research
Extensive report
Inderes' extensive report is an investor's handbook on customer companies covered by our research.
The latest extensive report was released
Read the reportAnalyst
Thomas Westerholm
Analyst
Financial calendar
Annual report
2025-03-21
Interim report
2025-05-06
General meeting
2025-05-06
Interim report
2025-08-15
Interim report
2025-10-31
Forum updates
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 3.2 | 11.5 | 428.9 | 403.2 | 357.0 | 359.5 | 379.8 | 415.0 |
growth-% | 540.0 % | 259.4 % | 3,629.6 % | -6.0 % | -11.5 % | 0.7 % | 5.6 % | 9.3 % |
EBITDA | 11.7 | 20.2 | 11.9 | 31.9 | 38.5 | 36.5 | 38.7 | 42.4 |
EBIT (adj.) | 11.7 | 20.2 | 11.9 | 10.8 | 4.2 | 10.6 | 12.5 | 15.5 |
EBIT | 11.7 | 20.2 | 11.9 | -3.1 | 3.5 | 10.6 | 12.5 | 15.5 |
Profit before taxes | 11.6 | 20.2 | 11.7 | -15.4 | -6.9 | 0.7 | 3.4 | 7.5 |
Net income | 9.9 | 18.4 | 13.8 | -6.7 | -2.1 | 0.2 | 1.7 | 4.1 |
EPS (adj.) | 0.17 | 0.32 | 0.24 | 0.12 | -0.02 | 0.00 | 0.03 | 0.07 |
growth-% | -22.9 % | 85.5 % | -25.0 % | -47.7 % | -119.3 % | 742.3 % | 142.4 % | |
Dividend | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend ratio | 23.4 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 365.6 % | 175.7 % | 2.8 % | 7.9 % | 10.8 % | 10.2 % | 10.2 % | 10.2 % |
EBIT-% (adj.) | 365.6 % | 175.7 % | 2.8 % | 2.7 % | 1.2 % | 3.0 % | 3.3 % | 3.7 % |
EBIT-% | 365.6 % | 175.7 % | 2.8 % | -0.8 % | 1.0 % | 3.0 % | 3.3 % | 3.7 % |
ROE | 12.7 % | 21.5 % | 15.8 % | -8.5 % | -2.6 % | 0.2 % | 2.0 % | 4.7 % |
ROI | 15.1 % | 22.8 % | 6.4 % | -1.2 % | 1.5 % | 4.5 % | 5.4 % | 6.8 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 1.08 | 1.92 | 1.18 | 0.81 | 0.56 | 0.56 | 0.56 | 0.56 |
Shares | 58.0 | 58.1 | 58.1 | 58.1 | 58.1 | 58.1 | 58.1 | 58.1 |
Market cap | 62.6 | 111.5 | 68.5 | 47.0 | 32.8 | 32.8 | 32.8 | 32.8 |
Enterprise value | 54.0 | 116.2 | 226.7 | 201.9 | 167.8 | 161.5 | 154.6 | 149.9 |
EV/S | 16.9 | 10.1 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 |
EV/EBITDA | 4.6 | 5.8 | 19.1 | 6.3 | 4.4 | 4.4 | 4.0 | 3.5 |
EV/EBIT (adj.) | 4.6 | 5.8 | 19.1 | 18.7 | 39.5 | 15.2 | 12.4 | 9.7 |
EV/EBIT | 4.6 | 5.8 | 19.1 | - | 47.3 | 15.2 | 12.4 | 9.7 |
P/E (adj.) | 6.3 | 6.1 | 5.0 | 6.5 | - | 161.9 | 19.2 | 7.9 |
P/E | 6.3 | 6.1 | 5.0 | - | - | 161.9 | 19.2 | 7.9 |
P/B | 0.8 | 1.2 | 0.8 | 0.6 | 0.4 | 0.4 | 0.4 | 0.4 |
P/S | 19.6 | 9.7 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Dividend yield | 3.7 % | |||||||
Equity ratio | 92.6 % | 82.5 % | 23.3 % | 22.8 % | 25.8 % | 26.0 % | 26.2 % | 26.7 % |
Gearing ratio | -11.2 % | 5.0 % | 180.2 % | 195.2 % | 159.4 % | 151.7 % | 140.7 % | 129.1 % |
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 105.2 | 403.2 | 84.2 | 89.3 | 85.7 | 97.8 | 357.0 | ||
EBITDA | 10.8 | 31.9 | 8.1 | 7.1 | 11.3 | 12.0 | 38.5 | ||
EBIT | 1.7 | -3.1 | -0.7 | -1.6 | 2.6 | 3.2 | 3.5 | ||
Profit before taxes | -2.4 | -15.4 | -3.6 | -3.9 | 0.3 | 0.3 | -6.9 | ||
Net income | -1.5 | -6.7 | -2.8 | -2.0 | 2.8 | -0.2 | -2.1 |
ShowingAll content types
KH Group’s financial information and Annual General Meeting in 2025
KH Group Plc’s Business Review January–September 2024: Moderate profitability in a demanding market
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