Viafin Service
19.2
EUR
0 %
VIAFIN
First North Finland
Industrial Goods & Services
Industrials
3,445 following
0%
+5.49%
+12.94%
+12.94%
+51.18%
+58.02%
+30.61%
+187.43%
+191.26%
viafinservice.fi
Viafin Service operates in the service industry. The company offers a wide range of maintenance and technical service for a number of industries. Industries that the company is focused on include small and medium-sized corporate customers in the paper and pulp industry, as well as the energy and chemical sectors. The business is based on most subsidiaries, each with a business focus. The company is headquartered in Espoo.
P/E (adj.) (24e)
14.91
EV/EBIT (adj.) (24e)
9.16
P/B (24e)
2.48
Dividend yield-% (24e)
3.13 %
Target price
21.00 EUR
Recommendation
Accumulate
Updated
4.11.2024
First North Finland
VIAFIN
Daily low / high price
19.2 / 19.2
EUR
Market cap
69.67M EUR
Turnover
4.4K EUR
Volume
229
Business risk
Valuation risk
Current
Previous
Analyst
Olli Koponen
Analyst
Financial calendar
Annual report
2025-02-17
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 57.9 | 61.2 | 87.3 | 75.4 | 89.4 | 93.5 | 100.3 | 105.0 |
growth-% | 16.5 % | 5.8 % | 42.7 % | -13.7 % | 18.6 % | 4.6 % | 7.3 % | 4.7 % |
EBITDA | 5.5 | 5.2 | 5.6 | 5.4 | 7.5 | 8.3 | 9.0 | 9.4 |
EBIT (adj.) | 4.6 | 4.3 | 4.5 | 4.2 | 5.8 | 6.6 | 7.3 | 7.8 |
EBIT | 4.6 | 4.3 | 4.5 | 4.2 | 5.8 | 6.6 | 7.3 | 7.8 |
Profit before taxes | 4.5 | 4.2 | 4.5 | 4.6 | 5.9 | 6.7 | 7.4 | 7.9 |
Net income | 3.2 | 2.8 | 3.4 | 3.5 | 4.5 | 5.0 | 5.5 | 6.0 |
EPS (adj.) | 0.90 | 0.80 | 0.95 | 0.99 | 1.29 | 1.42 | 1.58 | 1.71 |
growth-% | 31.0 % | -11.6 % | 18.9 % | 3.8 % | 30.7 % | 10.5 % | 11.1 % | 8.0 % |
Dividend | 0.35 | 0.40 | 0.45 | 0.55 | 0.60 | 0.65 | 0.70 | 0.85 |
Dividend ratio | 38.7 % | 50.1 % | 47.4 % | 55.8 % | 46.6 % | 45.7 % | 44.2 % | 50.0 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 9.5 % | 8.6 % | 6.5 % | 7.1 % | 8.4 % | 8.8 % | 9.0 % | 9.0 % |
EBIT-% (adj.) | 7.9 % | 7.0 % | 5.2 % | 5.5 % | 6.5 % | 7.0 % | 7.3 % | 7.4 % |
EBIT-% | 7.9 % | 7.0 % | 5.2 % | 5.5 % | 6.5 % | 7.0 % | 7.3 % | 7.4 % |
ROE | 16.6 % | 13.6 % | 15.9 % | 15.4 % | 17.9 % | 17.4 % | 17.5 % | 17.1 % |
ROI | 21.9 % | 18.8 % | 19.6 % | 17.6 % | 21.0 % | 20.1 % | 20.5 % | 19.8 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 15.90 | 14.65 | 13.80 | 12.70 | 19.20 | 19.20 | 19.20 | 19.20 |
Shares | 3.6 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 |
Market cap | 57.0 | 51.0 | 48.9 | 44.6 | 67.1 | 67.1 | 67.1 | 67.1 |
Enterprise value | 41.3 | 34.4 | 33.7 | 27.6 | 53.5 | 50.3 | 46.7 | 42.9 |
EV/S | 0.7 | 0.6 | 0.4 | 0.4 | 0.6 | 0.5 | 0.5 | 0.4 |
EV/EBITDA | 7.5 | 6.6 | 6.0 | 5.1 | 7.2 | 6.1 | 5.2 | 4.6 |
EV/EBIT (adj.) | 9.0 | 8.0 | 7.5 | 6.6 | 9.2 | 7.7 | 6.4 | 5.5 |
EV/EBIT | 9.0 | 8.0 | 7.5 | 6.6 | 9.2 | 7.7 | 6.4 | 5.5 |
P/E (adj.) | 17.6 | 18.3 | 14.5 | 12.9 | 14.9 | 13.5 | 12.1 | 11.2 |
P/E | 17.6 | 18.3 | 14.5 | 12.9 | 14.9 | 13.5 | 12.1 | 11.2 |
P/B | 2.8 | 2.5 | 2.2 | 1.9 | 2.5 | 2.2 | 2.0 | 1.8 |
P/S | 1.0 | 0.8 | 0.6 | 0.6 | 0.8 | 0.7 | 0.7 | 0.6 |
Dividend yield | 2.2 % | 2.7 % | 3.3 % | 4.3 % | 3.1 % | 3.4 % | 3.7 % | 4.5 % |
Equity ratio | 60.8 % | 55.4 % | 52.4 % | 56.5 % | 55.4 % | 56.8 % | 57.6 % | 58.8 % |
Gearing ratio | -73.2 % | -74.5 % | -67.4 % | -70.7 % | -46.9 % | -52.7 % | -58.0 % | -62.6 % |
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 19.6 | 75.4 | 15.0 | 26.6 | 24.0 | 23.8 | 89.4 | 17.3 | 25.4 |
EBITDA | 2.2 | 5.4 | 0.6 | 2.0 | 2.3 | 2.6 | 7.5 | 0.8 | 2.0 |
EBIT | 1.9 | 4.2 | 0.2 | 1.6 | 1.9 | 2.1 | 5.8 | 0.4 | 1.6 |
Profit before taxes | 2.3 | 4.6 | 0.3 | 1.5 | 1.9 | 2.2 | 5.9 | 0.4 | 1.6 |
Net income | 1.7 | 3.5 | 0.2 | 1.2 | 1.5 | 1.6 | 4.5 | 0.3 | 1.2 |