Ponsse: Machines are selling but share price has rocketed
The company's outlook is good from the viewpoint of market development, Ponsse’s own market position and profitability but we feel this is already fully discounted in the current share price. The share’s valuation level is challenging with various indicators and leaves no room for disappointments.
Ponsse
Ponsse is an industrial company. The company is a supplier of machines for the forest industry. The company offers a number of products such as harvesters, dual machines, cranes and units. In addition to the main business, simulators and information systems used for educational purposes are also delivered to corporate customers. The largest presence is in the Nordic market. The company was originally founded in 1970 and is headquartered in Vieremä.
Read more on company pageKey Estimate Figures2021-05-16
2020 | 21e | 22e | |
---|---|---|---|
Revenue | 636.6 | 796.4 | 872.2 |
growth-% | -4.61 % | 25.10 % | 9.52 % |
EBIT (adj.) | 57.1 | 91.3 | 101.6 |
EBIT-% (adj.) | 8.98 % | 11.46 % | 11.65 % |
EPS (adj.) | 1.58 | 2.52 | 2.82 |
Dividend | 0.60 | 1.05 | 1.30 |
Dividend % | 2.05 % | 4.86 % | 6.02 % |
P/E (adj.) | 18.53 | 8.56 | 7.67 |
EV/EBITDA | 9.89 | 4.97 | 4.24 |