Loihde
10.5
EUR
-0.47 %
LOIHDE
First North Finland
IT Services
Technology
1,210 following
-0.47%
+1.45%
-9.48%
-6.25%
-17.97%
-12.86%
-18.29%
-41.67%
-
-53.85%
www.loihde.com
Loihde is a service company for digital development and security. Among other things, it offers solutions in data analysis and data management, user experience design, software development, cloud services and services in cyber security and security technology. The customers consist of business customers operating in a number of different sectors. The largest operations are found in Finland and Sweden.
P/E (adj.) (24e)
22.61
EV/EBIT (adj.) (24e)
16.27
EV/S (24e)
0.42
Dividend yield-% (24e)
3.71 %
Target price
12.00 EUR
Recommendation
Accumulate
Updated
30.10.2024
First North Finland
LOIHDE
Daily low / high price
10.5 / 10.5
EUR
Market cap
60.38M EUR
Turnover
189 EUR
Volume
18
Business risk
Valuation risk
Current
Previous
Analyst
Frans-Mikael Rostedt
Analyst
Antti Luiro
Head of Nordic ER Development, Analyst
Latest videos
Financial calendar
Annual report
2025-02-13
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 101.0 | 104.4 | 123.0 | 132.7 | 135.6 | 139.0 | 143.9 | 148.9 |
growth-% | 3.3 % | 3.4 % | 17.8 % | 7.9 % | 2.2 % | 2.5 % | 3.5 % | 3.5 % |
EBITDA | 5.4 | 5.4 | 13.3 | 6.7 | 9.6 | 12.4 | 14.1 | 15.4 |
EBIT (adj.) | 4.1 | 0.8 | 4.0 | 0.7 | 3.5 | 5.6 | 7.5 | 8.4 |
EBIT | -3.8 | -0.9 | 6.4 | -0.9 | 1.8 | 4.6 | 6.7 | 7.8 |
Profit before taxes | -3.1 | 0.2 | 4.1 | -0.5 | 2.2 | 4.9 | 7.1 | 8.2 |
Net income | -4.2 | 0.5 | 3.1 | -0.6 | 1.0 | 3.8 | 5.5 | 6.4 |
EPS (adj.) | 0.38 | 0.31 | 0.18 | 0.14 | 0.46 | 0.83 | 1.11 | 1.23 |
growth-% | -88.2 % | -18.9 % | -42.3 % | -20.1 % | 226.6 % | 78.5 % | 33.5 % | 11.2 % |
Dividend | 2.70 | 0.55 | 1.80 | 1.00 | 0.39 | 0.59 | 0.72 | 0.74 |
Dividend ratio | -373.1 % | 684.4 % | 336.9 % | -927.1 % | 216.5 % | 90.2 % | 74.4 % | 66.1 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 5.4 % | 5.1 % | 10.8 % | 5.0 % | 7.1 % | 8.9 % | 9.8 % | 10.3 % |
EBIT-% (adj.) | 4.1 % | 0.7 % | 3.2 % | 0.5 % | 2.6 % | 4.0 % | 5.2 % | 5.7 % |
EBIT-% | -3.8 % | -0.8 % | 5.2 % | -0.7 % | 1.3 % | 3.3 % | 4.7 % | 5.2 % |
ROE | -3.6 % | 0.4 % | 2.8 % | -0.6 % | 1.0 % | 3.9 % | 5.6 % | 6.4 % |
ROI | -3.2 % | -0.7 % | 5.4 % | -0.4 % | 2.0 % | 4.7 % | 6.6 % | 7.4 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 20.46 | 16.20 | 13.15 | 12.05 | 10.50 | 10.50 | 10.50 | 10.50 |
Shares | 5.8 | 6.0 | 5.7 | 5.7 | 5.7 | 5.7 | 5.7 | 5.7 |
Market cap | 117.9 | 97.4 | 75.3 | 69.1 | 60.2 | 60.2 | 60.2 | 60.2 |
Enterprise value | 76.9 | 63.2 | 51.8 | 63.2 | 57.4 | 55.3 | 53.3 | 51.3 |
EV/S | 0.8 | 0.6 | 0.4 | 0.5 | 0.4 | 0.4 | 0.4 | 0.3 |
EV/EBITDA | 14.2 | 11.8 | 3.9 | 9.5 | 6.0 | 4.5 | 3.8 | 3.3 |
EV/EBIT (adj.) | 18.7 | 82.8 | 13.0 | 91.1 | 16.3 | 9.8 | 7.1 | 6.1 |
EV/EBIT | - | - | 8.1 | - | 32.5 | 12.0 | 7.9 | 6.6 |
P/E (adj.) | 53.8 | 52.6 | 73.9 | 84.8 | 22.6 | 12.7 | 9.5 | 8.5 |
P/E | - | 201.6 | 24.6 | - | 58.3 | 16.0 | 10.9 | 9.4 |
P/B | 1.1 | 0.9 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 |
P/S | 1.2 | 0.9 | 0.6 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 |
Dividend yield | 13.2 % | 3.4 % | 13.7 % | 8.3 % | 3.7 % | 5.6 % | 6.9 % | 7.0 % |
Equity ratio | 75.8 % | 74.9 % | 73.8 % | 69.3 % | 68.8 % | 68.7 % | 68.5 % | 68.3 % |
Gearing ratio | -37.1 % | -31.1 % | -21.2 % | -5.9 % | -2.9 % | -5.0 % | -6.9 % | -8.7 % |
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 37.3 | 132.7 | 33.0 | 35.4 | 31.5 | 35.7 | 135.6 | 33.3 | 35.7 |
EBITDA | 3.5 | 6.7 | 1.5 | 2.1 | 2.8 | 3.2 | 9.6 | 2.0 | 3.1 |
EBIT | 1.5 | -0.9 | -0.5 | 0.2 | 0.8 | 1.2 | 1.8 | 0.1 | 1.2 |
Profit before taxes | 1.8 | -0.5 | -0.4 | 0.3 | 0.9 | 1.3 | 2.2 | 0.1 | 1.3 |
Net income | 2.1 | -0.6 | -0.5 | -0.2 | 0.7 | 1.0 | 1.0 | 0.1 | 1.0 |
ShowingAll content types
Q3 IT service sector summary: Revenue down but profitability up – sector shows clear divide
Loihde Plc: SHARE REPURCHASE 19.11.2024
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