Finnair
2.932 EUR +2.52%Finnair is a Finnish airline. The company offers a wide range of destinations to and from Europe, and to a large part of the world's continents. The flights are mainly found around the Nordic countries, Europe and Asia. In addition to regular flights, long-haul flights are offered. The company was founded in 1923 and is headquartered in Vantaa, Finland.
Log in to see the recommendation and risk by Inderes
Analyst
Latest videos
Financial calendar
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Prime Minister´s Office | 55.7 % | 55.7 % |
Varma Mutual Pension Insurance Company | 2.9 % | 2.9 % |
Premium
This content is for our Premium customers only.
Insider Transactions
Insider | Date | Total value |
---|---|---|
Sanna Suvanto-harsaae | 09.11.2023 | 6,075EUR |
Tiina Alahuhta-kasko | 09.11.2023 | 5,810EUR |
Premium
This content is for our Premium customers only.
Forum updates
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 829.2 | 838.4 | 2,356.6 | 2,988.5 | 3,076.1 | 3,124.0 | 3,216.4 | 3,310.7 |
growth-% | -73.2 % | 1.1 % | 181.1 % | 26.8 % | 2.9 % | 1.6 % | 3.0 % | 2.9 % |
EBITDA | -120.7 | -134.6 | 149.2 | 537.6 | 516.6 | 519.7 | 520.2 | 527.7 |
EBIT (adj.) | -595.3 | -469.9 | -163.9 | 184.0 | 194.6 | 202.0 | 202.0 | 210.0 |
EBIT | -464.5 | -454.4 | -200.6 | 191.4 | 194.6 | 202.0 | 202.0 | 210.0 |
Profit before taxes | -654.3 | -581.9 | -370.7 | 119.1 | 87.6 | 106.4 | 111.7 | 123.8 |
Net income | -540.8 | -480.7 | -492.5 | 241.2 | 70.1 | 85.1 | 89.4 | 99.0 |
EPS (adj.) | -0.50 | -0.35 | -0.33 | 0.00 | 0.34 | 0.42 | 0.44 | 0.48 |
growth-% | -199.9 % | 6,792.0 % | 21.4 % | 5.0 % | 10.8 % | |||
Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.10 | 0.11 | 0.12 |
Dividend ratio | 20.0 % | 25.0 % | 25.0 % | 25.0 % |
Login required
This content is only available for logged in users
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | -14.6 % | -16.1 % | 6.3 % | 18.0 % | 16.8 % | 16.6 % | 16.2 % | 15.9 % |
EBIT-% (adj.) | -71.8 % | -56.0 % | -7.0 % | 6.2 % | 6.3 % | 6.5 % | 6.3 % | 6.3 % |
EBIT-% | -56.0 % | -54.2 % | -8.5 % | 6.4 % | 6.3 % | 6.5 % | 6.3 % | 6.3 % |
ROE | -58.1 % | -70.1 % | -111.1 % | 48.8 % | 12.2 % | 13.9 % | 13.1 % | 13.1 % |
ROI | -16.5 % | -14.3 % | -6.3 % | 6.8 % | 8.2 % | 8.9 % | 9.2 % | 9.5 % |
Login required
This content is only available for logged in users
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 12.72 | 9.99 | 6.52 | 3.98 | 2.93 | 2.93 | 2.93 | 2.93 |
Shares | 1,407.4 | 1,407.4 | 1,407.4 | 20,421.1 | 204.2 | 204.2 | 204.2 | 204.2 |
Market cap | 17,896.5 | 14,062.7 | 9,172.0 | 81,276.0 | 598.7 | 598.7 | 598.7 | 598.7 |
Enterprise value | 19,451.5 | 15,806.5 | 10,876.8 | 82,379.5 | 1,555.7 | 1,379.7 | 1,208.9 | 1,177.8 |
EV/S | 23.5 | 18.9 | 4.6 | 27.6 | 0.5 | 0.4 | 0.4 | 0.4 |
EV/EBITDA | - | - | 72.9 | 153.2 | 3.0 | 2.7 | 2.3 | 2.2 |
EV/EBIT (adj.) | - | - | - | 447.8 | 8.0 | 6.8 | 6.0 | 5.6 |
EV/EBIT | - | - | - | 430.4 | 8.0 | 6.8 | 6.0 | 5.6 |
P/E (adj.) | - | - | - | 798.9 | 8.5 | 7.0 | 6.7 | 6.0 |
P/E | - | - | - | 337.0 | 8.5 | 7.0 | 6.7 | 6.0 |
P/B | 20.0 | 29.6 | 22.3 | 140.9 | 1.0 | 0.9 | 0.8 | 0.8 |
P/S | 21.6 | 16.8 | 3.9 | 27.2 | 0.2 | 0.2 | 0.2 | 0.2 |
Dividend yield | 2.3 % | 3.6 % | 3.7 % | 4.1 % | ||||
Equity ratio | 24.6 % | 11.8 % | 9.9 % | 15.6 % | 15.6 % | 18.0 % | 20.2 % | 21.8 % |
Gearing ratio | 151.1 % | 324.4 % | 269.0 % | 191.3 % | 165.8 % | 120.5 % | 85.2 % | 73.0 % |
Login required
This content is only available for logged in users
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 694.7 | 749.3 | 817.3 | 727.2 | 2,988.5 | 676.0 | 780.1 | 856.4 | 763.7 |
EBITDA | 90.3 | 148.6 | 173.4 | 125.3 | 537.6 | 69.9 | 142.4 | 183.1 | 121.2 |
EBIT | 8.3 | 65.8 | 90.0 | 27.3 | 191.4 | -10.1 | 62.4 | 103.1 | 39.2 |
Profit before taxes | -7.4 | 43.6 | 66.5 | 16.4 | 119.1 | -38.1 | 35.4 | 77.1 | 13.2 |
Net income | -1.6 | 134.1 | 48.4 | 60.2 | 241.2 | -30.4 | 28.3 | 61.6 | 10.6 |
Login required
This content is only available for logged in users
Finnair AGM | CEO's review March 18, 2024 (eng. subtitles)
Decisions of the constitutive meeting of Finnair Plc Board of Directors
Join Inderes community
Don't miss out - create an account and get all the possible benefits