contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls {
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      defaultInstrument {
        isin
        id
      }
      id
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

pageUrl

alternatePageUrls

imgUrl

description

Analytiker

Erkki Vesola

Componenta är ett tillverkningsbolag. Bolaget är en leverantör av gjutningslösningar som vidare används inom ett flertal industriella fordon, huvudsakligen lastbilar samt större maskiner. Utöver huvudverksamheten erbjuds tillhörande ingenjörstjänster. Kunderna återfinns på global nivå med störst verksamhet runtom den europeiska marknaden. Huvudkontoret ligger i Vanda.

Componentas vinstvarning var ingen överraskning i den utmanande verksamhetsmiljön. Bolagets prognoser för 2024 har justerats ner avsevärt, men aktiens värdering är fortfarande attraktiv. Förseningar i komponentleveranser, svag efterfrågan och strejker pressar resultatet, men bolagets styrkor, såsom kundrelationer och kassaflöde, stödjer dess långsiktiga potential. Här är en färsk analys av bolaget vars aktie verkar vara ganska billig…                    Inderes              Componenta: Unfortunate, but not very surprising - Inderes    Componenta's negative profit warning was not a complete surprise given the difficult operating environment.

Componenta’s Q3 results fell short of expectations, particularly in sales, but the company maintained its 2024 guidance. The EBITDA margin improved from last year to 6.0% (Q3’23: 2.0%), despite low volumes. The rest of the year is expected to be busy, supported especially by deliveries to the Defense Forces and the energy sector. Forecasts for 2025–2026 have been slightly lowered, but growth expectations are supported by the Fortaco acquisition and the Defense Forces contract. The stock remains attractively priced, and the target price has been lowered to EUR 3.30 (previously EUR 3.60).                    Inderes              Componenta Q3'24: Stumbling but getting up again - Inderes    Componenta's Q3 figures were below expectations across the board. The company maintained its guidance for 2024, so the rest of the year will be busy.

Componenta’s future (2025–2027) is supported by the gradual recovery of the market, a large order from the Finnish Defense Forces, and the Fortaco acquisition.  The company’s business areas, such as foundry products and machining services, are growing in Europe slightly faster than GDP. The projected revenue growth for 2024–2027 is 10% per year, with the Defense Forces order and the Fortaco acquisition accounting for a significant portion of this growth. Profitability is boosted by improved capacity utilization and reduced costs. The stock valuation is attractive, but realizing its potential will take time and evidence. We maintain our Accumulate recommendation and our target price of EUR 3.60 on Componenta. Some of the company’s target markets are uncertain at the end of 2024, but the gradual recovery of the market, a large order from the Finnish Defense Forces and the acquisition of Fortaco will secure rapid growth in 2025-2027. At the same time, operating leverage is significantly increasing profitability. On forward-looking metrics, the stock is cheap.                   Inderes              Componenta extensive report: Towards a more level playing field - Inderes    Gradual recovery of Componenta's target markets, a large order from the Finnish Defense Forces and the acquisition of Fortaco will secure rapid earnings growth in 2025-2027.

Componenta tillkännagav igår att de har ingått ett treårigt kreditavtal på 3 MUSD med det amerikanska företaget MPL, vilket inkluderar en rätt att konvertera obligationen till Componenta-aktier. Enligt vår uppfattning är lånevillkoren rimliga och även vid full konvertering är den monetära utspädningseffekten av obligationsarrangemanget minimal.                    Inderes              Componenta's convertible bond is not particularly expensive - Inderes    Componenta announced yesterday that it has entered into a three-year 3 MUSD credit facility with the US company MPL, which includes a right to convert the bond into Componenta shares. In our opinion, the terms of the loan are reasonable and even when...

Nya analys på Componenta Componenta: Over the pit onto firm ground - Inderes  Framöver kommer alla våra analyser på Componenta översättas till engelska.

Componenta är en tillverkningsföretag som erbjuder gjutlösningar för industriella fordon, främst lastbilar och stora maskiner. Företaget tillhandahåller också relaterade ingenjörstjänster. Om man historiskt sett skulle dra några slutsatser från kursen, skulle jag tro att det här är något IT-företag, vars namn är något i stil med… .com.  Här är den senaste resultaträkningen som offentliggjordes i november:            componenta.com              Componenta-Corporation-Business-Review-1-January%E2%80%9330-September-2023.pdf    255.84 KB

Det här företaget är ganska okänt för mig, troligen på grund av att det inte har följts noggrant av analytiker. En välrenommerad investerare sade att företaget fungerar bra operativt och som redan nämnts, finns det inte mycket dyra lån kvar. Aktien är ganska billig… enligt värderingsmultiplar. Självklart kan företagets tidigare problem förklara dess låga pris, vilket förmodligen har påverkat dess rykte negativt.

Componenta

On Monday, Componenta issued its second profit warning for 2023 within three months. However, we did not consider the warning very dramatic and the reasons are largely non-recurring. In addition, a positive indication was given for the demand outlook for 2024. Our forecast cuts for 2024 and 2025 are minor and the stock's valuation has fallen to very attractive levels.

<p>On Monday, Componenta issued its second profit warning for 2023 within three months. However, we did not consider the warning very dramatic and the reasons are largely non-recurring. In addition, a positive indication was given for the demand outlook for 2024. Our forecast cuts for 2024 and 2025 are minor and the stock's valuation has fallen to very attractive levels. </p> 

	2022	23e	24e
Omsättning	109,1	101,0	107,0
tillväxt-%	25,02 %	−7,43 %	5,96 %
EBIT (adj.)	1,8	−0,6	2,5
EBIT-%	1,61 %	−0,61 %	2,35 %
EPS (adj.)	0,03	−0,28	0,10
Utdelning	0,00	0,00	0,05
Direktavkastning			1,80 %
P/E (just.)	90,55	-	29,17
EV/EBITDA	3,89	6,48	3,89

Componenta

Key Estimate Figures15/01

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