Company Overview
Evli Oyj is a Finnish investment company that provides a range of investment products and services to its clients. With a strong focus on sustainability and responsible investing, Evli aims to generate long-term value for its shareholders while minimizing its environmental impact.
The company's primary mission is to deliver high-quality investment solutions that meet the evolving needs of its clients. At the heart of Evli's values are its commitment to integrity, expertise, and customer-centricity. By combining these core principles with a deep understanding of the markets and economies in which it operates, Evli seeks to build long-term relationships with its clients and contribute to the well-being of society.
Evli's product portfolio includes a range of investment products such as equity funds, fixed income funds, alternative investments, and pension solutions. The company's investment approach is characterized by its focus on sustainability, ESG (Environmental, Social, and Governance) considerations, and active management. By leveraging its expertise and research capabilities, Evli seeks to identify opportunities for long-term growth and value creation.
Evli's key products and services include:
- Equity funds: offering diversified investment portfolios in various asset classes, including equities, real estate, and private equity.
- Fixed income funds: providing a range of bond investments to cater to different investor needs and risk profiles.
- Alternative investments: offering access to alternative assets such as private equity, venture capital, and infrastructure investments.
- Pension solutions: providing customized pension plans and investment management services to individuals and companies.
Investment Approach
Evli's investment approach is guided by its commitment to sustainability and responsible investing. The company's investment team conducts thorough research and analysis to identify opportunities for long-term growth and value creation.
Evli's investment strategy is characterized by:
- Focused on ESG considerations and sustainable investing.
- Active management approach to ensure alignment with clients' investment objectives.
- Global perspective and diversification across asset classes and regions.
- Long-term focus and commitment to delivering high-quality investment solutions.
Risk Management
Evli recognizes the importance of risk management in its investment activities. The company has implemented various risk management measures to minimize potential losses and ensure long-term sustainability.
Key risk management strategies include:
- Regular portfolio rebalancing and monitoring to maintain alignment with clients' investment objectives.
- Active risk management through the use of derivatives and other hedging instruments.
- Implementation of robust governance and compliance procedures to ensure adherence to regulatory requirements.
- Ongoing risk assessment and scenario planning to anticipate potential risks and opportunities.
Conclusion
Evli Oyj is a reputable investment company that offers a range of high-quality investment products and services to its clients. With a strong focus on sustainability and responsible investing, Evli aims to generate long-term value for its shareholders while minimizing its environmental impact.
The company's commitment to integrity, expertise, and customer-centricity sets it apart from its peers. By combining these core principles with a deep understanding of the markets and economies in which it operates, Evli seeks to build long-term relationships with its clients and contribute to the well-being of society.
Valuation
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Number of Shares (million) | 26.3 | 26.5 | 26.5 | 26.5 | 26.5 | 26.5 | 26.5 |
| Target Valuation (MEur) | 595.8 | 451.2 | 459.6 | 567.9 | 671.2 | 688.1 | 688.1 |
| Targer Price | 22.68 | 17.04 | 17.35 | 21.44 | 25.34 | 25.98 | 25.98 |
| Potential, % | 49.7 | -13.5 | -2.5 | -5.1 | 1.4 | 3.9 | 3.9 |
| Recommendation | Buy | Hold | Hold | Hold | Hold | Hold | Hold |
| MCAP (MEur) | 398.1 | 521.7 | 471.4 | 598.5 | 662.1 | 662.1 | 662.1 |
| Price | 15.15 | 19.7 | 17.8 | 22.6 | 25.0 | 25.0 | 25.0 |
| EV | 398.0 | 522.0 | 471.0 | 599.0 | 662.0 | 662.0 | 662.0 |
| P/S | 3.95 | 4.51 | 3.92 | 4.32 | 4.59 | 4.51 | 4.41 |
| EV/S | 3.95 | 4.51 | 3.92 | 4.32 | 4.59 | 4.51 | 4.41 |
| EV/EBIT | 12.92 | 12.98 | 10.62 | 10.65 | 11.47 | 10.98 | 10.63 |
| P/E | 15.92 | 16.3 | 12.12 | 13.42 | 14.53 | 13.73 | 13.29 |
| P/B | 2.78 | 3.8 | 3.16 | 3.75 | 3.97 | 3.08 | 2.5 |
| P/OCF | 3.69 | 11.83 | 10.62 | 9.47 | 7.57 | 7.47 | 7.25 |
| EV/OCF | 3.69 | 11.83 | 10.62 | 9.47 | 7.57 | 7.47 | 7.25 |
| P/FCF | 3.72 | 12.11 | 11.7 | 9.5 | 7.5 | 7.48 | 7.26 |
| EV/FCF | 3.72 | 12.11 | 11.7 | 9.5 | 7.5 | 7.48 | 7.26 |
Income Statement
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Revenue | 100.9 | 115.7 | 120.3 | 138.6 | 144.3 | 147.0 | 150.2 |
| Rev. Growth, % | -15.8 | 14.7 | 4.0 | 15.2 | 4.1 | 1.9 | 2.2 |
| Ebit | 30.8 | 40.2 | 44.4 | 56.2 | 57.7 | 60.3 | 62.3 |
| Ebit Growth, % | -45.7 | 30.5 | 10.4 | 26.6 | 2.7 | 4.5 | 3.3 |
| Ebit, % | 30.5 | 34.7 | 36.9 | 40.5 | 40.0 | 41.0 | 41.5 |
| Profit | 25.0 | 32.0 | 38.9 | 44.6 | 45.6 | 48.2 | 49.8 |
| EPS | 0.95 | 1.21 | 1.47 | 1.68 | 1.72 | 1.82 | 1.88 |
| Profit Growth, % | -45.1 | 28.0 | 21.6 | 14.7 | 2.2 | 5.7 | 3.3 |
| Profit, % | 24.8 | 27.7 | 32.3 | 32.2 | 31.6 | 32.8 | 33.2 |
Balance Sheet
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Acc. Receivable | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Cash | 115.4 | 126.0 | 131.2 | 152.8 | 201.5 | 289.9 | 381.1 |
| Equity | 143.4 | 137.2 | 149.3 | 159.7 | 166.9 | 215.1 | 264.9 |
| ROE, % | 17.4 | 23.3 | 26.1 | 27.9 | 27.3 | 22.4 | 18.8 |
| ROCE, % | 11.9 | 15.3 | 15.8 | 18.0 | 15.7 | 11.9 | 9.6 |
| Net Debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Gearing, % | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Equity ratio, % | 39.1 | 39.8 | 41.3 | 43.6 | 30.4 | 39.2 | 48.3 |
| Acc. Payable | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Assets | 366.6 | 344.7 | 361.6 | 366.2 | 548.6 | 548.6 | 548.6 |
| ROA, % | 6.8 | 9.3 | 10.8 | 12.2 | 8.3 | 8.8 | 9.1 |
Cash Flow
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 107.9 | 44.1 | 44.4 | 63.2 | 87.5 | 88.7 | 91.4 |
| Investment Cash Flow | -1.0 | -1.0 | -4.1 | -0.2 | 0.8 | -0.2 | -0.2 |
| Free Cash Flow | 106.9 | 43.1 | 40.3 | 63.0 | 88.3 | 88.5 | 91.2 |
| OCF/CAPEX | 107.9 | 44.1 | 10.83 | 316.0 | 0.0 | 443.35 | 456.8 |
| Financial Cash Flow | -3.6 | -3.6 | -34.8 | -41.4 | -39.6 | 0.0 | 0.0 |
Disclaimer
Risk Disclosure: Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
The data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
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