Financials Sanoma Oyj

Equities

SANOMA

FI0009007694

Consumer Publishing

Market Closed - Nasdaq Helsinki 11:29:32 2024-04-26 am EDT 5-day change 1st Jan Change
6.79 EUR +3.03% Intraday chart for Sanoma Oyj +0.15% -2.30%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,540 2,240 2,219 1,602 1,135 1,110 - -
Enterprise Value (EV) 1 2,334 2,901 2,835 2,426 1,774 1,842 1,824 1,771
P/E ratio 135 x 9.1 x 22.3 x 20.9 x -232 x 28 x 15.6 x 9.8 x
Yield 5.29% 3.78% 3.96% 3.77% 5.32% 5.65% 5.63% 6.33%
Capitalization / Revenue 1.69 x 2.11 x 1.77 x 1.23 x 0.81 x 0.84 x 0.83 x 0.79 x
EV / Revenue 2.56 x 2.73 x 2.27 x 1.87 x 1.27 x 1.39 x 1.37 x 1.27 x
EV / EBITDA 9.24 x 6.5 x 7.85 x 6.83 x 4.95 x 5.31 x 4.91 x 4.22 x
EV / FCF 17.8 x 30.6 x 20.3 x 21.7 x 16.9 x 17.3 x 12.5 x 9.84 x
FCF Yield 5.62% 3.27% 4.93% 4.6% 5.92% 5.79% 7.97% 10.2%
Price to Book 2.91 x 3.25 x 3.11 x 2.31 x 1.42 x 1.51 x 1.51 x 1.47 x
Nbr of stocks (in thousands) 163,017 163,037 162,886 163,178 163,268 163,482 - -
Reference price 2 9.445 13.74 13.62 9.820 6.950 6.790 6.790 6.790
Announcement Date 2/7/20 2/10/21 2/11/22 2/10/23 2/7/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 913.3 1,062 1,252 1,298 1,393 1,323 1,334 1,399
EBITDA 1 252.6 446.4 361 355.4 358.3 347 371.6 419.7
EBIT 1 135.2 156.5 197.2 189.3 175.4 172.5 185.3 224.7
Operating Margin 14.8% 14.74% 15.76% 14.58% 12.59% 13.04% 13.89% 16.06%
Earnings before Tax (EBT) 1 80.3 261 133.8 99.2 20.6 65.06 105.1 151.9
Net income 1 13.3 246.7 100.2 76.2 3.3 43.13 73.91 113.6
Net margin 1.46% 23.24% 8.01% 5.87% 0.24% 3.26% 5.54% 8.12%
EPS 2 0.0700 1.510 0.6100 0.4700 -0.0300 0.2421 0.4356 0.6930
Free Cash Flow 1 131.3 94.9 139.7 111.7 105.1 106.7 145.3 180
FCF margin 14.38% 8.94% 11.16% 8.6% 7.55% 8.06% 10.89% 12.87%
FCF Conversion (EBITDA) 51.98% 21.26% 38.7% 31.43% 29.33% 30.74% 39.11% 42.89%
FCF Conversion (Net income) 987.22% 38.47% 139.42% 146.59% 3,184.85% 247.33% 196.64% 158.48%
Dividend per Share 2 0.5000 0.5200 0.5400 0.3700 0.3700 0.3833 0.3825 0.4300
Announcement Date 2/7/20 2/10/21 2/11/22 2/10/23 2/7/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 486.3 252.4 210.6 313.2 514.9 259.5 217.8 341.3 580.3 253.4 208.8 326.5 536 248.5
EBITDA 1 184.5 42.1 28.8 92.9 188.4 45.3 11.7 97.9 220.9 27.8 8.8 93 213 26.4
EBIT 1 147.4 -5.2 -10.4 53.6 148.4 -2.3 -30.7 53.7 179.4 -27 -28 54 168 -21.7
Operating Margin 30.31% -2.06% -4.94% 17.11% 28.82% -0.89% -14.1% 15.73% 30.92% -10.66% -13.41% 16.54% 31.34% -8.73%
Earnings before Tax (EBT) 1 129.9 -17.1 -25.2 38.6 112.6 -26.8 -50.6 -8.7 138 -58.1 -53.55 24.6 139.6 -47.85
Net income 1 102.4 -14.6 -18.5 30.7 85.4 -21.4 -40 -11.4 99.7 -44.7 -43.2 18.1 107.6 -44.55
Net margin 21.06% -5.78% -8.78% 9.8% 16.59% -8.25% -18.37% -3.34% 17.18% -17.64% -20.69% 5.54% 20.08% -17.93%
EPS 2 0.6300 -0.0900 -0.1100 0.1900 0.5200 -0.1300 -0.2500 -0.0800 0.5900 -0.2900 -0.2650 0.1100 0.6550 -0.2750
Dividend per Share - 0.5400 - 0.2700 - 0.3700 - - - - - - - -
Announcement Date 10/27/21 2/11/22 4/29/22 7/27/22 10/27/22 2/10/23 5/4/23 7/26/23 10/26/23 2/7/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 795 661 616 823 640 732 714 661
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.146 x 1.48 x 1.707 x 2.317 x 1.785 x 2.109 x 1.921 x 1.574 x
Free Cash Flow 1 131 94.9 140 112 105 107 145 180
ROE (net income / shareholders' equity) 23% 40.5% 14.7% 10.8% 0.44% 7.15% 10.1% 15.5%
ROA (Net income/ Total Assets) 0.76% 12.2% 5.03% 3.78% 0.16% 2.02% 3.71% 6.26%
Assets 1 1,759 2,023 1,990 2,018 2,070 2,133 1,993 1,816
Book Value Per Share 2 3.250 4.230 4.380 4.260 4.880 4.490 4.480 4.630
Cash Flow per Share 2 1.000 0.8400 1.110 1.010 0.9100 2.000 2.100 2.300
Capex 1 31.7 42.5 41.7 52.9 43.1 173 179 179
Capex / Sales 3.47% 4% 3.33% 4.07% 3.09% 13.08% 13.38% 12.76%
Announcement Date 2/7/20 2/10/21 2/11/22 2/10/23 2/7/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
6.79 EUR
Average target price
8 EUR
Spread / Average Target
+17.82%
Consensus