Exel Composites: Bothersome setback
Exel's demand situation has remained good, but higher material costs have affected short-term performance more than we expected. This year's earnings growth will remain low, but one single setback does not spoil the longer-term potential.
Exel Composites
2.04
2.254
Accumulate
Accumulate
Exel Composites is a manufacturing company. The company manufactures and markets compound composites that are used in demanding industrial environments. In addition to the main business, lamination and extrusion are also performed. The largest presence is in Europe and Asia with customers in the manufacturing and aerospace industries. Exel Composites was founded in 1960 and is headquartered in Vantaa.
Read more on company pageKey Estimate Figures2021-09-17
2020 | 21e | 22e | |
---|---|---|---|
Revenue | 108.6 | 125.5 | 130.5 |
growth-% | 4.63 % | 15.59 % | 4.00 % |
EBIT (adj.) | 9.7 | 8.9 | 10.8 |
EBIT-% (adj.) | 8.94 % | 7.11 % | 8.30 % |
EPS (adj.) | 0.47 | 0.52 | 0.64 |
Dividend | 0.20 | 0.22 | 0.24 |
Dividend % | 2.71 % | 75.09 % | 81.91 % |
P/E (adj.) | 15.67 | 0.56 | 0.46 |
EV/EBITDA | 7.79 | 2.30 | 1.68 |