Kauppalehti’s own analyst has evaluated the figures from the last financial year:
The enterprise value stands at approximately 208 million euros, taking into account the negative net debt from the beginning of the year. According to the Kauppalehti analyst, based on last year’s adjusted operating profit, the EV/EBIT would be 19.6, which is higher than its peers, whose average figure is 15.
And then, if we consider the current trend more closely:
If the development seen in the first quarter continues throughout the year, according to Saarelainen, both the company’s valuation based on net income and the EV/EBIT ratio are at an affordable level.