Marimekko
14.12 EUR -0.84%10,400 investors are following this company
Marimekko is a textile and clothing company. The range includes clothes, bags, accessories, and household items that touch on everything from furniture fabrics to porcelain. The products are sold via physical stores under the company's brand worldwide, mainly in Europe, North America and Asia. Marimekko was originally founded in 1951 and is headquartered in Helsinki.
P/E (24e)
22.23
EV/EBIT (adj.) (24e)
16.77
P/B (24e)
7.51
Dividend yield-% (24e)
3.19 %
Target price
13.00 EUR
Recommendation
Reduce
Updated
16.5.2024
NASDAQ Helsinki
MEKKO
Daily low / high price
13.88 / 14.22
EUR
Market cap
573.97M EUR
Turnover
225.67K EUR
Volume
16K
Business risk
Valuation risk
Current
Previous
Latest research
Analyst
Rauli Juva
Analyst
Latest videos
Financial calendar
Interim report
2024-08-15
Interim report
2024-11-06
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
PowerBank Ventures Ltd (Mika Ihamuotila) | 12.5 % | 12.5 % |
Varma Mutual Pension Insurance Company | 4.8 % | 4.8 % |
Premium
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Kari Härkönen | 2022-02-17 | 37,186EUR |
Premium
This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 123.6 | 152.2 | 166.5 | 174.1 | 180.3 | 194.0 | 207.9 | 222.1 |
growth-% | -1.5 % | 23.2 % | 9.4 % | 4.6 % | 3.5 % | 7.6 % | 7.2 % | 6.8 % |
EBITDA | 31.9 | 43.1 | 39.9 | 40.6 | 42.3 | 46.2 | 49.9 | 53.5 |
EBIT (adj.) | 20.2 | 31.2 | 30.4 | 32.0 | 33.2 | 36.8 | 40.5 | 44.0 |
EBIT | 19.3 | 31.2 | 30.2 | 31.4 | 33.1 | 36.8 | 40.5 | 44.0 |
Profit before taxes | 17.6 | 30.7 | 29.2 | 29.7 | 32.2 | 35.8 | 39.5 | 43.4 |
Net income | 13.8 | 24.4 | 22.8 | 23.6 | 25.7 | 28.5 | 31.4 | 34.5 |
EPS (adj.) | 0.36 | 0.60 | 0.56 | 0.60 | 0.64 | 0.70 | 0.77 | 0.85 |
growth-% | 12.0 % | 66.8 % | -5.7 % | 5.6 % | 6.5 % | 10.4 % | 10.2 % | 10.0 % |
Dividend | 0.20 | 0.72 | 0.34 | 0.37 | 0.45 | 0.60 | 0.66 | 0.72 |
Dividend ratio | 59.0 % | 120.2 % | 60.6 % | 63.6 % | 71.1 % | 85.6 % | 85.4 % | 85.0 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 25.8 % | 28.3 % | 24.0 % | 23.3 % | 23.5 % | 23.8 % | 24.0 % | 24.1 % |
EBIT-% (adj.) | 16.3 % | 20.5 % | 18.2 % | 18.4 % | 18.4 % | 19.0 % | 19.5 % | 19.8 % |
EBIT-% | 15.7 % | 20.5 % | 18.2 % | 18.0 % | 18.4 % | 19.0 % | 19.5 % | 19.8 % |
ROE | 30.2 % | 39.8 % | 36.4 % | 39.0 % | 36.2 % | 35.0 % | 34.8 % | 35.4 % |
ROI | 23.4 % | 32.5 % | 31.5 % | 33.4 % | 33.4 % | 35.2 % | 35.8 % | 36.5 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 9.11 | 16.94 | 8.76 | 13.31 | 14.12 | 14.12 | 14.12 | 14.12 |
Shares | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 | 40.6 |
Market cap | 370.1 | 688.6 | 356.1 | 541.0 | 574.0 | 574.0 | 574.0 | 574.0 |
Enterprise value | 367.0 | 661.1 | 357.4 | 536.9 | 556.8 | 549.0 | 544.5 | 539.5 |
EV/S | 3.0 | 4.3 | 2.1 | 3.1 | 3.1 | 2.8 | 2.6 | 2.4 |
EV/EBITDA | 11.5 | 15.3 | 9.0 | 13.2 | 13.2 | 11.9 | 10.9 | 10.1 |
EV/EBIT (adj.) | 18.2 | 21.2 | 11.8 | 16.8 | 16.8 | 14.9 | 13.4 | 12.3 |
EV/EBIT | 19.0 | 21.2 | 11.8 | 17.1 | 16.8 | 14.9 | 13.4 | 12.3 |
P/E (adj.) | 25.4 | 28.3 | 15.5 | 22.3 | 22.2 | 20.1 | 18.3 | 16.6 |
P/E | 26.9 | 28.3 | 15.6 | 22.9 | 22.3 | 20.1 | 18.3 | 16.6 |
P/B | 7.1 | 9.8 | 6.4 | 8.2 | 7.5 | 6.6 | 6.1 | 5.7 |
P/S | 3.0 | 4.5 | 2.1 | 3.1 | 3.2 | 3.0 | 2.8 | 2.6 |
Dividend yield | 2.2 % | 4.3 % | 3.9 % | 2.8 % | 3.2 % | 4.3 % | 4.7 % | 5.1 % |
Equity ratio | 45.7 % | 52.7 % | 48.3 % | 53.3 % | 60.4 % | 62.4 % | 63.3 % | 64.3 % |
Gearing ratio | -6.1 % | -39.2 % | 2.3 % | -6.2 % | -22.5 % | -28.8 % | -31.5 % | -34.0 % |
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 40.4 | 47.9 | 50.6 | 174.1 | 37.7 | 42.9 | 46.8 | 52.9 | 180.3 |
EBITDA | 8.8 | 15.2 | 10.5 | 40.6 | 7.4 | 9.4 | 13.5 | 12.0 | 42.3 |
EBIT | 6.6 | 12.9 | 8.1 | 31.4 | 5.1 | 7.1 | 11.2 | 9.7 | 33.1 |
Profit before taxes | 6.0 | 12.9 | 7.9 | 29.7 | 4.9 | 6.9 | 11.0 | 9.5 | 32.2 |
Net income | 4.7 | 10.3 | 6.2 | 23.6 | 3.9 | 5.5 | 8.8 | 7.6 | 25.7 |
ShowingAll content types
Consumer Goods Companies as Investments | Consumer Goods Night June 11, 2024
Marimekko Corporation: Managers' transactions (Vikkula)
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