Kemira
18.69
EUR
+0.32 %
KEMIRA
NASDAQ Helsinki
Chemicals
Basic Materials
10,219 following
+0.32%
-1.27%
-14.11%
-11.76%
-17.37%
+11.32%
+18.97%
+37.73%
+29.07%
+192.01%
www.kemira.com/company/investors
Kemira is a global chemical company providing chemical solutions for industries that use a lot of water. The company provides solutions for pulp & paper, water treatment, and the energy industry. The products are sold on a global level, where the main business focus is in Europe, the Americas, and Asia-Pacific. The company is headquartered in Helsinki.
P/E (adj.) (24e)
10.16
EV/EBIT (adj.) (24e)
7.7
P/B (24e)
1.58
Dividend yield-% (24e)
4.01 %
Target price
23.00 EUR
Recommendation
Accumulate
Updated
25.10.2024
NASDAQ Helsinki
KEMIRA
Daily low / high price
18.61 / 18.75
EUR
Market cap
2.9B EUR
Turnover
243.6K EUR
Volume
13K
Business risk
Valuation risk
Current
Previous
Analyst
Petri Gostowski
Co. Head of Research
Latest videos
Financial calendar
Annual report
2025-02-11
General meeting
2025-03-20
Interim report
2025-04-25
Interim report
2025-07-18
Interim report
2025-10-24
Income statement
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,427.1 | 2,674.4 | 3,569.6 | 3,383.7 | 2,933.5 | 2,953.3 | 3,012.4 | 3,074.8 |
| growth-% | -8.7 % | 10.2 % | 33.5 % | -5.2 % | -13.3 % | 0.7 % | 2.0 % | 2.1 % |
| EBITDA | 413.3 | 373.2 | 558.8 | 539.9 | 569.7 | 550.1 | 560.3 | 578.4 |
| EBIT (adj.) | 237.7 | 225.5 | 361.6 | 463.0 | 407.0 | 376.8 | 383.1 | 398.0 |
| EBIT | 215.9 | 170.1 | 347.6 | 336.3 | 385.8 | 356.8 | 363.1 | 378.0 |
| Profit before taxes | 181.0 | 143.4 | 308.2 | 291.9 | 356.0 | 330.8 | 343.0 | 358.8 |
| Net income | 131.3 | 108.0 | 231.7 | 199.0 | 262.0 | 246.0 | 255.5 | 267.8 |
| EPS (adj.) | 1.00 | 1.07 | 1.60 | 2.12 | 1.84 | 1.73 | 1.79 | 1.87 |
| growth-% | 9.6 % | 6.6 % | 49.9 % | 32.6 % | -13.2 % | -6.1 % | 3.6 % | 4.5 % |
| Dividend | 0.58 | 0.58 | 0.62 | 0.68 | 0.75 | 0.80 | 0.82 | 0.88 |
| Dividend ratio | 67.6 % | 82.2 % | 41.1 % | 52.5 % | 44.1 % | 50.1 % | 49.4 % | 50.8 % |
Profitability and return on capital
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| EBITDA-% | 17.0 % | 14.0 % | 15.7 % | 16.0 % | 19.4 % | 18.6 % | 18.6 % | 18.8 % |
| EBIT-% (adj.) | 9.8 % | 8.4 % | 10.1 % | 13.7 % | 13.9 % | 12.8 % | 12.7 % | 12.9 % |
| EBIT-% | 8.9 % | 6.4 % | 9.7 % | 9.9 % | 13.2 % | 12.1 % | 12.1 % | 12.3 % |
| ROE | 10.9 % | 8.6 % | 15.5 % | 11.9 % | 15.0 % | 13.0 % | 12.7 % | 12.4 % |
| ROI | 10.0 % | 7.6 % | 13.8 % | 12.6 % | 14.9 % | 14.0 % | 13.9 % | 13.9 % |
Valuation
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Share price (EUR) | 12.97 | 13.33 | 14.33 | 16.79 | 18.69 | 18.69 | 18.69 | 18.69 |
| Shares | 152.9 | 153.1 | 153.6 | 153.6 | 154.0 | 154.0 | 154.0 | 154.0 |
| Market cap | 1,983.4 | 2,041.2 | 2,201.4 | 2,579.3 | 2,877.9 | 2,877.9 | 2,877.9 | 2,877.9 |
| Enterprise value | 2,736.9 | 2,885.2 | 2,967.7 | 3,109.6 | 3,133.8 | 3,041.7 | 2,933.1 | 2,817.4 |
| EV/S | 1.1 | 1.1 | 0.8 | 0.9 | 1.1 | 1.0 | 1.0 | 0.9 |
| EV/EBITDA | 6.6 | 7.7 | 5.3 | 5.8 | 5.5 | 5.5 | 5.2 | 4.9 |
| EV/EBIT (adj.) | 11.5 | 12.8 | 8.2 | 6.7 | 7.7 | 8.1 | 7.7 | 7.1 |
| EV/EBIT | 12.7 | 17.0 | 8.5 | 9.2 | 8.1 | 8.5 | 8.1 | 7.5 |
| P/E (adj.) | 13.0 | 12.5 | 9.0 | 7.9 | 10.2 | 10.8 | 10.4 | 10.0 |
| P/E | 15.1 | 18.9 | 9.5 | 13.0 | 11.0 | 11.7 | 11.3 | 10.7 |
| P/B | 1.7 | 1.5 | 1.3 | 1.5 | 1.6 | 1.5 | 1.4 | 1.3 |
| P/S | 0.8 | 0.8 | 0.6 | 0.8 | 1.0 | 1.0 | 1.0 | 0.9 |
| Dividend yield | 4.5 % | 4.4 % | 4.3 % | 4.1 % | 4.0 % | 4.3 % | 4.4 % | 4.7 % |
| Equity ratio | 43.2 % | 42.9 % | 46.2 % | 48.4 % | 55.7 % | 59.3 % | 61.6 % | 62.9 % |
| Gearing ratio | 63.0 % | 63.3 % | 45.8 % | 31.8 % | 13.9 % | 8.3 % | 2.6 % | -2.7 % |
Quarter data
| Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 808.9 | 3,383.7 | 763.4 | 733.4 | 727.5 | 709.2 | 2,933.5 | ||
| EBITDA | 51.2 | 539.9 | 154.1 | 137.1 | 142.9 | 135.6 | 569.7 | ||
| EBIT | 1.2 | 336.3 | 109.2 | 90.7 | 96.3 | 89.6 | 385.8 | ||
| Profit before taxes | -10.4 | 291.9 | 100.9 | 84.1 | 89.4 | 81.6 | 356.0 | ||
| Net income | -30.3 | 199.0 | 75.8 | 62.0 | 63.6 | 60.6 | 262.0 |
ShowingAll content types
Kemira Oyj's January-September 2024 Interim Report: Organic revenue growth with continued strong margin performance
Kemira Oyj: Record and payment dates for Kemira's second dividend installment of EUR 0.34 per share
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Kemira Capital Markets Day 2024
Kemira Oyj: Kemira updates its long-term financial targets to reflect profitable growth ambitions and structurally higher margin profile
Kemira Oyj: Kemira renews operating model and Management Board to accelerate growth strategy
