Lassila & Tikanoja
8.28
EUR
-0.24 %
LAT1V
NASDAQ Helsinki
Industrial Goods & Services
Industrials
7,131 following
-0.24%
-5.69%
-6.55%
-7.38%
-15.51%
-15.08%
-39.83%
-43.44%
-33.76%
www.lt.fi/en/investors
Lassila & Tikanoja is an industrial service company. The company specializes in the service and maintenance of properties, where the services include, for example, recycling, sewage and damage management, pressure cleaning, and property renovation. The company operates within the Nordic market. Lassila & Tikanoja was originally founded in 1905 and is headquartered in Helsinki.
P/E (adj.) (24e)
10.59
EV/EBIT (adj.) (24e)
11.41
P/B (24e)
1.31
Dividend yield-% (24e)
6.04 %
Target price
10.00 EUR
Recommendation
Accumulate
Updated
25.10.2024
NASDAQ Helsinki
LAT1V
Daily low / high price
8.24 / 8.35
EUR
Market cap
321.25M EUR
Turnover
87.22K EUR
Volume
11K
Business risk
Valuation risk
Current
Previous
Analyst
Rauli Juva
Analyst
Latest videos
Financial calendar
Annual report
2025-02-13
General meeting
2025-03-27
Interim report
2025-04-29
Interim report
2025-08-07
Interim report
2025-10-29
Income statement
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 751.9 | 812.5 | 844.1 | 802.1 | 769.5 | 785.5 | 802.8 | 818.9 |
| growth-% | -4.1 % | 8.1 % | 3.9 % | -5.0 % | -4.1 % | 2.1 % | 2.2 % | 2.0 % |
| EBITDA | 85.2 | 95.2 | 98.3 | 95.8 | 90.1 | 100.3 | 102.6 | 104.5 |
| EBIT (adj.) | 39.7 | 42.4 | 40.9 | 39.0 | 40.5 | 42.0 | 44.5 | 47.0 |
| EBIT | 28.2 | 42.2 | 42.9 | 38.4 | 34.5 | 42.0 | 44.5 | 47.0 |
| Profit before taxes | 23.3 | 38.9 | 37.8 | 35.7 | 29.0 | 37.7 | 41.3 | 44.0 |
| Net income | 19.0 | 34.4 | 31.5 | 30.0 | 23.3 | 30.8 | 33.7 | 35.8 |
| EPS (adj.) | 0.80 | 0.91 | 0.77 | 0.82 | 0.78 | 0.82 | 0.90 | 0.95 |
| growth-% | 1.0 % | 13.5 % | -14.6 % | 5.3 % | -4.2 % | 5.1 % | 9.4 % | 6.2 % |
| Dividend | 0.40 | 0.46 | 0.47 | 0.49 | 0.50 | 0.55 | 0.60 | 0.72 |
| Dividend ratio | 80.4 % | 51.0 % | 56.8 % | 61.3 % | 80.4 % | 67.0 % | 66.8 % | 75.0 % |
Profitability and return on capital
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| EBITDA-% | 11.3 % | 11.7 % | 11.6 % | 11.9 % | 11.7 % | 12.8 % | 12.8 % | 12.8 % |
| EBIT-% (adj.) | 5.3 % | 5.2 % | 4.8 % | 4.9 % | 5.3 % | 5.3 % | 5.5 % | 5.7 % |
| EBIT-% | 3.8 % | 5.2 % | 5.1 % | 4.8 % | 4.5 % | 5.3 % | 5.5 % | 5.7 % |
| ROE | 9.6 % | 17.1 % | 14.6 % | 13.3 % | 9.9 % | 12.7 % | 13.2 % | 13.3 % |
| ROI | 7.4 % | 10.8 % | 10.2 % | 9.4 % | 8.2 % | 9.6 % | 10.2 % | 10.8 % |
Valuation
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Share price (EUR) | 13.55 | 14.31 | 10.64 | 9.40 | 8.28 | 8.28 | 8.28 | 8.28 |
| Shares | 38.1 | 38.1 | 38.1 | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 |
| Market cap | 516.3 | 545.2 | 405.4 | 352.5 | 310.5 | 310.5 | 310.5 | 310.5 |
| Enterprise value | 652.8 | 712.3 | 578.4 | 489.4 | 462.0 | 446.8 | 428.7 | 411.2 |
| EV/S | 0.9 | 0.9 | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 |
| EV/EBITDA | 7.7 | 7.5 | 5.9 | 5.1 | 5.1 | 4.5 | 4.2 | 3.9 |
| EV/EBIT (adj.) | 16.4 | 16.8 | 14.1 | 12.5 | 11.4 | 10.6 | 9.6 | 8.7 |
| EV/EBIT | 23.1 | 16.9 | 13.5 | 12.7 | 13.4 | 10.6 | 9.6 | 8.7 |
| P/E (adj.) | 17.0 | 15.8 | 13.7 | 11.5 | 10.6 | 10.1 | 9.2 | 8.7 |
| P/E | 27.2 | 15.9 | 12.9 | 11.8 | 13.3 | 10.1 | 9.2 | 8.7 |
| P/B | 2.7 | 2.6 | 1.8 | 1.5 | 1.3 | 1.2 | 1.2 | 1.1 |
| P/S | 0.7 | 0.7 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
| Dividend yield | 2.9 % | 3.2 % | 4.4 % | 5.2 % | 6.0 % | 6.6 % | 7.2 % | 8.6 % |
| Equity ratio | 32.3 % | 33.1 % | 33.4 % | 35.7 % | 35.2 % | 37.0 % | 39.0 % | 41.0 % |
| Gearing ratio | 70.9 % | 79.4 % | 81.9 % | 75.0 % | 83.0 % | 72.9 % | 62.3 % | 53.0 % |
Quarter data
| Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 200.9 | 802.1 | 185.0 | 199.2 | 192.3 | 193.0 | 769.5 | ||
| EBITDA | 20.5 | 95.8 | 12.1 | 25.1 | 32.7 | 20.3 | 90.1 | ||
| EBIT | 6.7 | 38.4 | -1.7 | 11.0 | 18.9 | 6.3 | 34.5 | ||
| Profit before taxes | 5.7 | 35.7 | -1.4 | 8.8 | 16.7 | 4.7 | 29.0 | ||
| Net income | 5.1 | 30.0 | -0.8 | 7.1 | 13.1 | 3.7 | 23.3 |
ShowingAll content types
Lassila & Tikanoja plc: Interim Report 1 January–30 September 2024
Lassila & Tikanoja plc will publish Interim Report January-September on 25 October 2024
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Composition of Lassila & Tikanoja plc’s Nomination Board
Lassila & Tikanoja plc: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act
