Ticker EBG1V.HSE
Recommendation N/A
Share price EUR 0.63

Elektrobit

Following started
Estimates updated
Price updated
Page generated 		Jul 27, 2006 8:30:23 PM EEST
Mar 8, 2011 2:50:43 PM EET
Jan 27, 2012 12:18:41 AM EET
Jan 27, 2012 1:02:48 AM EET 
 


Estimates on a dark background are based on consensus estimates that are collected from the market. Valuatum calculates the other estimates using the consensus estimates and its own analysis. Actual figures are collected from company disclosures. More information can be found on Valuatum's web site.
Income statement (EURm) 
 2008 
 2009 
 2010 
 2011e 
 2012e 
 2013e 
Net sales 172 154 162 160 162 174  
EBITDA -23.5 8.3 -8.8 -3.2 11.5 14.7  
EBIT -42.7 -1.4 -17.3 -10.8 5.8 8.6  
Non-recurring items in EBIT -13.6 -1.9 -12.3 -8.3 0.0 0.0  
EBIT without non-rec. items -29.1 0.5 -5.0 -2.6 5.8 8.6  
Pre-tax profit (PTP) -47.4 -2.0 -18.6 -11.7 4.4 7.5  
Pre-tax profit without non-rec. items -33.8 -0.1 -6.3 -3.4 4.4 7.5  
Net earnings -49.5 -2.0 -16.1 -10.0 2.6 5.2  
Adjusted net earnings -39.4 -0.6 -7.0 -3.9 2.6 5.2  
Free cash flow 12.6 -3.1 -9.1 -11.9 0.1 7.8  
See the entire income statement

Balance sheet (EURm) 
 2008 
 2009 
 2010 
 2011e 
 2012e 
 2013e 
Tangible assets 16.2 11.4 10.5 10.9 13.7 10.5  
Shareholders' equity 115 112 71.2 61.2 63.8 65.7  
Interest-bearing liabilities 22.4 16.7 13.1 37.0 37.0 37.0  
Balance sheet total 180 160 125 136 139 143  
Net debt -46.2 -42.3 -7.50 5.47 6.85 3.59  
See the entire balance sheet

Key figures 
 2008 
 2009 
 2010 
 2011e 
 2012e 
 2013e 
Net sales growth 19.3% -10.7% 5.2% -1.4% 1.9% 7.4%  
EBITDA % -13.6% 5.4% -5.4% -2.0% 7.1% 8.4%  
EBIT % -24.8% -0.9% -10.7% -6.8% 3.6% 4.9%  
ROE % -35.3% -1.7% -17.6% -15.1% 4.1% 8.0%  
ROI % -24.5% -0.1% -14.9% -10.5% 6.4% 9.0%  
EVA -54.7 -5.24 -20.7 -14.7 -2.00 0.13  
Equity ratio 63.8% 70.4% 58.1% 46.0% 46.8% 46.8%  
Gearing % -40.2% -37.5% -10.3% 8.8% 10.5% 5.4%  

Share data 
 2008 
 2009 
 2010 
 2011e 
 2012e 
 2013e 
EPS, unadjusted -0.38 -0.02 -0.12 -0.08 0.02 0.04  
EPS, excl. non-recurring items -0.30 -0.00 -0.05 -0.03 0.02 0.04  
FCF/share 0.10 -0.02 -0.07 -0.09 0.00 0.06  
Div. per share 0.00 0.20 0.00 0.00 0.02 0.03  
BV/share 0.89 0.87 0.55 0.47 0.49 0.51  

Pricing and key ratios 
 2008 
 2009 
 2010 
 2011e 
 2012e 
 2013e 
Share price (EUR) 0.33 0.94 0.67 0.63 0.63 0.63  
Market cap (EURm) 42.7 122 86.7 81.5 81.5 81.5  
EV (EURm) -3.49 79.8 80.8 88.7 90.0 86.7  
MVA (EURm) -72.4 9.25 15.5 20.3 17.7 15.8  
P/E -1.08 -216 -12.4 -21.0 31.5 15.8  
P/FCFF 3.4 -39.4 -9.5 -6.8 1,343 10.4  
P/BV 0.37 1.08 1.22 1.33 1.28 1.24  
P/Sales 0.2 0.8 0.5 0.5 0.5 0.5  
EV/EBITDA 0.1 9.6 -9.2 -27.7 7.8 5.9  
EV/EBIT 0.1 -58.2 -4.7 -8.2 15.5 10.1  
Payout 0.0% -1,314% 0.0% 0.0% 125% 75.0%  
Dividend yield 0.0% 21.3% 0.0% 0.0% 4.0% 4.8%