Orthex: Growth efforts will eventually bear fruit
The revenue of Orthex, a manufacturer of everyday consumer goods, returned to clear growth in Q4, setting the stage for further earnings growth. In our view, the company's production facilities are capable of supporting a much higher revenue load than today, which means that revenue growth has the potential to increase the already high returns on capital.
Login required
This content is only available for logged in users
Orthex
Orthex is a Finnish manufacturer and supplier of household products. The company offers a range of products such as plastic boxes for storage, cutting boards, pots, bowls, and other accessories for the kitchen. Most of the range is accessed digitally via the company's e-commerce platform, and the products are offered via licensed resellers. The largest operations are in the Nordic market.
Read more on company pageKey Estimate Figures21.04.
| 2023 | 24e | 25e | |
|---|---|---|---|
| Revenue | 85.9 | 90.8 | 96.6 |
| growth-% | 2.25 % | 5.60 % | 6.39 % |
| EBIT (adj.) | 10.0 | 12.3 | 13.5 |
| EBIT-% (adj.) | 11.69 % | 13.58 % | 14.00 % |
| EPS (adj.) | 0.35 | 0.47 | 0.53 |
| Dividend | 0.21 | 0.25 | 0.27 |
| Dividend % | 3.89 % | 4.77 % | 5.15 % |
| P/E (adj.) | 15.50 | 11.07 | 9.81 |
| EV/EBITDA | 7.95 | 6.67 | 5.90 |
