Meriaura Group
0.044 EUR +4.76%4,443 investors are following this company
Meriaura Group has two business areas: Maritime Logistics and Renewable Energy. Meriaura transports dry cargo and executes demanding project deliveries in Northern Europe. The company offers CO2 reducing marine transport services based on the use of recycled, in-house produced bio-oil. Meriaura Energy designs and delivers clean energy production solutions for district heating and industrial use worldwide, with Europe as the main market area.
P/E (24e)
45.71
EV/EBIT (adj.) (24e)
21.1
P/B (24e)
0.96
Dividend yield-% (24e)
-
Target price
0.04 EUR
Recommendation
Reduce
Updated
2.7.2024
First North Finland
MERIH
Daily low / high price
0.041 / 0.045
EUR
Market cap
38.14M EUR
Turnover
5.05K EUR
Volume
120K
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
![Pauli Lohi Pauli Lohi](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90,fit=cover/https://core.inderes.fi/sites/default/files/2023-08/Pauli_Lohi.jpg)
Pauli Lohi
Analyst
Financial calendar
Interim report
2024-08-22
Business review
2024-10-31
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Meriaura Invest Oy | 61.2 % | 61.2 % |
Hybrid Consulting Oy | 3.9 % | 3.9 % |
Premium
This content is for our Premium customers only.
Insider Transactions
Insider | Date | Total value |
---|---|---|
Meriaura Invest Oy | 2024-06-25 | 799,680EUR |
Repo Eljas | 2023-03-30 | 33,937SEK |
Premium
This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 5.1 | 2.5 | 8.6 | 66.2 | 77.8 | 84.6 | 93.6 | 100.4 |
growth-% | 49.8 % | -51.2 % | 245.8 % | 666.5 % | 17.6 % | 8.8 % | 10.6 % | 7.3 % |
EBITDA | -3.4 | -4.2 | -3.6 | 6.3 | 8.5 | 10.0 | 13.4 | 15.0 |
EBIT (adj.) | -3.9 | -4.6 | -3.8 | 1.0 | 2.8 | 4.2 | 5.8 | 6.6 |
EBIT | -3.9 | -4.6 | -3.8 | 1.0 | 2.8 | 4.2 | 5.8 | 6.6 |
Profit before taxes | -5.0 | -5.8 | -4.1 | -0.3 | 1.5 | 2.7 | 4.1 | 5.0 |
Net income | -5.0 | -5.8 | -4.1 | -0.3 | 0.9 | 1.7 | 3.1 | 3.9 |
EPS (adj.) | -0.08 | -0.03 | -0.01 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
growth-% | 99.1 % | 80.5 % | 27.0 % | |||||
Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend ratio |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | -66.6 % | -167.2 % | -41.4 % | 9.6 % | 10.9 % | 11.8 % | 14.3 % | 14.9 % |
EBIT-% (adj.) | -76.2 % | -182.4 % | -43.6 % | 1.6 % | 3.7 % | 4.9 % | 6.2 % | 6.6 % |
EBIT-% | -76.2 % | -182.4 % | -43.6 % | 1.6 % | 3.7 % | 4.9 % | 6.2 % | 6.6 % |
ROE | -120.6 % | -103.4 % | -19.4 % | -0.7 % | 2.1 % | 4.1 % | 7.0 % | 8.2 % |
ROI | -77.7 % | -76.2 % | -12.0 % | 1.8 % | 4.4 % | 5.8 % | 7.4 % | 8.0 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 0.14 | 0.05 | 0.07 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 |
Shares | 62.9 | 165.2 | 783.1 | 886.8 | 886.8 | 886.8 | 886.8 | 886.8 |
Market cap | 9.0 | 7.9 | 54.8 | 43.5 | 39.0 | 39.0 | 39.0 | 39.0 |
Enterprise value | 7.0 | 4.1 | 71.5 | 56.8 | 60.1 | 65.2 | 68.5 | 63.2 |
EV/S | 1.4 | 1.6 | 8.3 | 0.9 | 0.8 | 0.8 | 0.7 | 0.6 |
EV/EBITDA | - | - | - | 9.0 | 7.1 | 6.5 | 5.1 | 4.2 |
EV/EBIT (adj.) | - | - | - | 54.4 | 21.1 | 15.7 | 11.7 | 9.6 |
EV/EBIT | - | - | - | 54.4 | 21.1 | 15.7 | 11.7 | 9.6 |
P/E (adj.) | - | - | - | - | 45.7 | 23.0 | 12.7 | 10.0 |
P/E | - | - | - | - | 45.7 | 23.0 | 12.7 | 10.0 |
P/B | 1.9 | 1.2 | 1.5 | 1.1 | 1.0 | 0.9 | 0.9 | 0.8 |
P/S | 1.8 | 3.2 | 6.3 | 0.7 | 0.5 | 0.5 | 0.4 | 0.4 |
Dividend yield | ||||||||
Equity ratio | 66.2 % | 79.5 % | 55.0 % | 58.9 % | 59.9 % | 56.2 % | 54.6 % | 58.8 % |
Gearing ratio | -41.9 % | -58.8 % | 47.2 % | 33.3 % | 30.0 % | 39.8 % | 43.9 % | 31.0 % |
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 15.3 | 15.7 | 19.0 | 66.2 | 17.9 | 19.8 | 19.2 | 20.9 | 77.8 |
EBITDA | 1.1 | 1.7 | 2.1 | 6.3 | 1.2 | 2.2 | 2.2 | 2.9 | 8.5 |
EBIT | -0.2 | 0.3 | 0.8 | 1.0 | -0.2 | 0.9 | 0.7 | 1.5 | 2.8 |
Profit before taxes | -0.5 | 0.0 | 0.2 | -0.3 | -0.5 | 0.6 | 0.4 | 1.1 | 1.5 |
Net income | -0.5 | 0.0 | 0.3 | -0.3 | -0.5 | 0.5 | 0.1 | 0.6 | 0.9 |
ShowingAll content types
Meriaura Group Plc – Managers’ Transaction, Jussi Mälkiä, June 2024
Meriaura Group Plc: Disclosure under Chapter 9 Section 10 of the Securities Market Act
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
Growth measures depress cash flows in coming years
Meriaura Group: Better results expected towards the end of the year
Resolutions of Meriaura Group Plc's Annual General Meeting and the Board of Directors
![Meriaura Group Q1 morning result: A challenging quarter as expected, but outlook pretty positive](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=contain/https://content.inderes.se/assets/49154f8e-c924-4389-b7db-d4378f1c5023.png)