Exel Composites: Growth and repair kits
Yesterday, Exel published its contrasted Q3 report. The company's volume growth remained strong, but major challenges facing the US unit ruined short-term earnings performance. We consider these problems to be temporary, even though there is uncertainty about how long they will take to solve. We see the annual return expectation as adequate.
Exel Composites
7.52
8.4
Accumulate
Accumulate
Exel Composites is a manufacturing company. The company manufactures and markets compound composites that are used in demanding industrial environments. In addition to the main business, lamination and extrusion are also performed. The largest presence is in Europe and Asia with customers in the manufacturing and aerospace industries. Exel Composites was founded in 1960 and is headquartered in Vantaa.
Read more on company pageKey Estimate Figures05.11.2021
2020 | 21e | 22e | |
---|---|---|---|
Revenue | 108.6 | 128.7 | 134.6 |
growth-% | 4.63 % | 18.50 % | 4.60 % |
EBIT (adj.) | 9.7 | 6.5 | 9.8 |
EBIT-% (adj.) | 8.94 % | 5.05 % | 7.28 % |
EPS (adj.) | 0.47 | 0.31 | 0.55 |
Dividend | 0.20 | 0.18 | 0.24 |
Dividend % | 2.71 % | 11.01 % | 14.68 % |
P/E (adj.) | 15.67 | 5.25 | 2.99 |
EV/EBITDA | 7.79 | 5.30 | 3.03 |
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