Kalmar
31.685
EUR
+2.05 %
KALMAR
NASDAQ Helsinki
Transport & Logistics
Industrials
1,879 following
+2.05%
+15.01%
+21.49%
-
-
-
-
-
+20.02%
www.kalmarglobal.com
Kalmar operates in freight handling for ports, terminals, distribution centers and heavy industry. The company develops various solutions, and provides, among other things, border tractors, terminal tractors, reach stackers, empty container handlers and forklifts. Kalmar is a spin-off of the Cargotec group. The company has its headquarters in Helsinki.
P/E (adj.) (24e)
13.07
EV/EBIT (adj.) (24e)
10
P/B (24e)
3.3
Dividend yield-% (24e)
3.15 %
Target price
35.00 EUR
Recommendation
Accumulate
Updated
4.11.2024
NASDAQ Helsinki
KALMAR
Daily low / high price
31.075 / 32
EUR
Market cap
2.04B EUR
Turnover
1.39M EUR
Volume
44K
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
Erkki Vesola
Analyst
Forum updates
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 1,529.1 | 1,512.2 | 1,942.8 | 2,049.6 | 1,695.3 | 1,704.0 | 1,855.0 | 2,018.0 |
growth-% | -11.3 % | -1.1 % | 28.5 % | 5.5 % | -17.3 % | 0.5 % | 8.9 % | 8.8 % |
EBITDA | 165.3 | 373.7 | 170.6 | 297.3 | 242.5 | 271.2 | 300.2 | 344.1 |
EBIT (adj.) | 154.5 | 100.3 | 168.9 | 254.7 | 214.2 | 216.5 | 242.7 | 280.2 |
EBIT | 21.3 | 320.8 | 118.3 | 240.2 | 182.1 | 216.5 | 242.7 | 280.2 |
Profit before taxes | -14.6 | 319.0 | 117.5 | 241.5 | 178.0 | 205.1 | 234.0 | 273.3 |
Net income | -41.0 | 261.5 | 92.6 | 193.8 | 132.0 | 155.9 | 177.9 | 207.7 |
EPS (adj.) | 0.92 | 0.64 | 2.05 | 3.18 | 2.43 | 2.42 | 2.77 | 3.23 |
growth-% | -9.2 % | -30.8 % | 223.1 % | 54.6 % | -23.6 % | -0.1 % | 14.1 % | 16.8 % |
Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.25 | 1.40 | 1.70 |
Dividend ratio | 48.6 % | 51.5 % | 50.6 % | 52.6 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 10.8 % | 24.7 % | 8.8 % | 14.5 % | 14.3 % | 15.9 % | 16.2 % | 17.1 % |
EBIT-% (adj.) | 10.1 % | 6.6 % | 8.7 % | 12.4 % | 12.6 % | 12.7 % | 13.1 % | 13.9 % |
EBIT-% | 1.4 % | 21.2 % | 6.1 % | 11.7 % | 10.7 % | 12.7 % | 13.1 % | 13.9 % |
ROE | 67.4 % | 11.4 % | 23.2 % | 18.4 % | 23.5 % | 23.4 % | 24.0 % | |
ROI | 66.4 % | 12.3 % | 23.2 % | 18.1 % | 22.1 % | 24.3 % | 26.5 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 33.82 | 43.84 | 41.32 | 52.70 | 31.69 | 31.69 | 31.69 | 31.69 |
Shares | 64.5 | 64.5 | 64.5 | 64.7 | 64.3 | 64.3 | 64.3 | 64.3 |
Market cap | 2,180.8 | 2,826.9 | 2,664.4 | 3,409.7 | 2,038.1 | 2,038.1 | 2,038.1 | 2,038.1 |
Enterprise value | 2,180.8 | 2,737.4 | 2,475.6 | 3,291.9 | 2,141.3 | 2,051.5 | 1,993.5 | 1,915.0 |
EV/S | 1.4 | 1.8 | 1.3 | 1.6 | 1.3 | 1.2 | 1.1 | 0.9 |
EV/EBITDA | 13.2 | 7.3 | 14.5 | 11.1 | 8.8 | 7.6 | 6.6 | 5.6 |
EV/EBIT (adj.) | 14.1 | 27.3 | 14.7 | 12.9 | 10.0 | 9.5 | 8.2 | 6.8 |
EV/EBIT | 102.4 | 8.5 | 20.9 | 13.7 | 11.8 | 9.5 | 8.2 | 6.8 |
P/E (adj.) | 36.8 | 69.0 | 20.1 | 16.6 | 13.1 | 13.1 | 11.5 | 9.8 |
P/E | - | 10.8 | 28.8 | 17.6 | 15.4 | 13.1 | 11.5 | 9.8 |
P/B | - | 3.6 | 3.1 | 4.2 | 3.3 | 2.9 | 2.5 | 2.2 |
P/S | 1.4 | 1.9 | 1.4 | 1.7 | 1.2 | 1.2 | 1.1 | 1.0 |
Dividend yield | 3.2 % | 3.9 % | 4.4 % | 5.4 % | ||||
Equity ratio | 44.1 % | 44.8 % | 44.3 % | 37.0 % | 42.7 % | 46.0 % | 49.4 % | |
Gearing ratio | -11.5 % | -22.1 % | -14.4 % | 16.7 % | 1.9 % | -5.5 % | -13.3 % |
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 509.6 | 2,049.6 | 439.1 | 416.5 | 424.7 | 415.0 | 1,695.3 | 386.3 | 416.2 |
EBITDA | 67.4 | 297.3 | 61.2 | 49.8 | 69.5 | 62.0 | 242.5 | 58.8 | 67.8 |
EBIT | 53.2 | 240.2 | 45.8 | 35.8 | 54.0 | 46.5 | 182.1 | 45.2 | 54.1 |
Profit before taxes | 54.0 | 241.5 | 47.7 | 39.7 | 49.1 | 41.5 | 178.0 | 42.3 | 51.3 |
Net income | 45.0 | 193.8 | 33.4 | 31.2 | 36.3 | 31.1 | 132.0 | 32.2 | 39.0 |
ShowingAll content types
Kalmar Corporation: Share Repurchase 21.11.2024
Kalmar and APM Terminals reinforce long-term collaboration with new straddle carrier order
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