• Forum
  • Premium
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Morning ReviewDaily market recap and key overnight highlights
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • PortfolioInderes model portfolio
    • FemmeBreaking barriers and building confidence in investing
  • Learn about investing
    • Analysis SchoolLearn how to read and understand stock analysis
    • Investing SchoolGuides and lessons to grow your investing knowledge
    • Portfolio buildersInvesting knowledge for every level, from first steps to advanced portfolio strategies.
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Insider TransactionsTrack buying and selling activity by company insiders
    • Virtual Analyst ChatAsk questions and get instant AI-powered investment insights
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Q&A
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Orthex: Growth efforts will eventually bear fruit

ORTHEXExtensive research23.04.2024 klo 10.08
Thomas WesterholmAnalyst
Discuss
Download report (PDF)

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

Create account

Orthex is a Finnish manufacturer and supplier of household products. The company offers products such as plastic storage boxes, cutting boards, pots, bowls and other kitchen accessories. The majority of the range is accessed digitally via the company's e-commerce platform, and the products are also offered through licensed retailers. The largest operations are found in the Nordic market.

Read more on company page

Key Estimate Figures21.04.2024

202324e25e
Revenue85.990.896.6
growth-%2.2 %5.6 %6.4 %
EBIT (adj.)10.012.313.5
EBIT-% (adj.)11.7 %13.6 %14.0 %
EPS (adj.)0.350.470.53
Dividend0.210.250.27
Dividend %3.9 %5.5 %5.9 %
P/E (adj.)15.59.78.6
EV/EBITDA7.96.05.3

Forum discussions

Break-up fees are a fairly common practice in M&A consulting. It is entirely possible that a potential acquisition fell through at the last ...
8/19/2026, 4:06 PM
by Ovi
2
It completely depends on the scope of the strategy work In principle, it could also arise in relation to an M&A deal if the process has genuinely...
8/19/2026, 10:14 AM
by Thomas Westerholm
4
That’s a pretty steep price for strategy work, isn’t it? If the acquisitions fall through at the last minute, would that already generate an...
8/19/2026, 9:28 AM
by TTTT
1
I personally don’t believe this is related to M&A, as investment bankers mostly charge for their services only once the transaction is completed...
8/19/2026, 9:23 AM
by Thomas Westerholm
4
Isn’t it exactly the case that Orthex is looking to acquire production capacity? It would be hard to justify otherwise. The strategic costs ...
8/19/2026, 9:07 AM
by TTTT
4
I was left with a bit of a mixed impression of this. In the interview, the answer to the last question and the so-called “smirk” gave me the...
8/19/2026, 8:41 AM
by Ruoto
2
Here is the company report from Thomas following Orthex’s Q2 Orthex’s Q2 figures were operationally slightly stronger than our expectations,...
8/19/2026, 6:13 AM
by Sijoittaja-alokas
4