Company Overview
Lamor Corporation Oyj is a Finnish multinational company specializing in environmental solutions and services. With its rich history dating back to 1923, the company has established itself as a leading player in the industry, providing innovative solutions for wastewater treatment, sludge management, and waste-to-energy conversion.
The primary mission of Lamor is to "contribute to a cleaner and more sustainable world" by delivering high-quality environmental solutions and services. The company's core values include innovation, customer satisfaction, and social responsibility. By embracing these values, Lamor aims to become the leading provider of environmental solutions in the global market.
Key Products/Services
Lamor offers a wide range of products and services that cater to various industries, including wastewater treatment, sludge management, waste-to-energy conversion, and recycling. Some of its key products include:
- Municipal sludge treatment systems: Lamor's municipal sludge treatment systems provide efficient and effective solutions for wastewater treatment, reducing the environmental impact of sludge disposal.
- Waste-to-energy plants: Lamor's waste-to-energy plants convert non-recyclable waste into energy, providing a sustainable alternative to traditional fossil fuels.
- Recycling solutions: Lamor offers recycling solutions for various materials, including plastics, metals, and glass, helping to reduce waste and promote sustainability.
- Municipal wastewater treatment systems: Lamor's municipal wastewater treatment systems provide reliable and efficient solutions for wastewater treatment, protecting public health and the environment.
The benefits of Lamor's products and services include reduced environmental impact, increased energy efficiency, and improved waste management. By partnering with Lamor, customers can enjoy cost savings, enhanced sustainability, and improved public health.
Benefits and Competitive Advantage
Lamor's comprehensive range of products and services enables the company to offer a unique value proposition to its customers. The benefits of working with Lamor include:
- Expertise in environmental solutions: Lamor's extensive experience and expertise in environmental solutions provide customers with trusted partners for their wastewater treatment, sludge management, and waste-to-energy conversion needs.
- Innovative technology: Lamor invests heavily in research and development, ensuring that its products and services are at the forefront of innovation and sustainability.
- Global presence: With operations in over 30 countries, Lamor has a global presence, enabling it to provide customers with localized support and expertise.
- Customer satisfaction: Lamor's commitment to customer satisfaction ensures that its partners enjoy reliable and efficient solutions for their environmental challenges.
Lamor's competitive advantage lies in its ability to deliver innovative, sustainable, and cost-effective solutions for wastewater treatment, sludge management, waste-to-energy conversion, and recycling. By partnering with Lamor, customers can enjoy a trusted partner for their environmental needs, backed by expertise, innovation, and global presence.
Valuation
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Number of Shares (million) | 27.0 | 27.5 | 27.5 | 27.5 | 27.5 | 27.5 | 27.5 |
| Target Valuation (MEur) | 79.3 | 79.9 | 69.3 | 45.2 | 53.6 | 90.6 | 90.6 |
| Targer Price | 2.94 | 2.91 | 2.52 | 1.64 | 1.95 | 3.29 | 3.29 |
| Potential, % | -34.6 | 12.2 | 107.5 | 58.0 | 114.4 | 262.4 | 262.4 |
| Recommendation | Sell | Hold | Buy | Buy | Buy | Buy | Buy |
| MCAP (MEur) | 121.3 | 71.2 | 33.4 | 28.6 | 25.0 | 25.0 | 25.0 |
| Price | 4.5 | 2.59 | 1.21 | 1.04 | 0.91 | 0.91 | 0.91 |
| EV | 136.0 | 110.0 | 73.0 | 77.0 | 75.0 | 91.0 | 109.0 |
| P/S | 0.95 | 0.58 | 0.29 | 0.32 | 0.27 | 0.23 | 0.22 |
| EV/S | 1.06 | 0.9 | 0.64 | 0.85 | 0.81 | 0.85 | 0.97 |
| EV/EBIT | 13.53 | 13.06 | 13.81 | 12.38 | 16.08 | 10.92 | 13.42 |
| P/E | 34.3 | 26.6 | -26.25 | -8.33 | 9.85 | 3.77 | 3.86 |
| P/B | 1.97 | 1.11 | 0.52 | 0.51 | 0.42 | 0.38 | 0.34 |
| P/OCF | -18.7 | -5.63 | 2.01 | 2.19 | 4.86 | 10.65 | 417.11 |
| EV/OCF | -20.9 | -8.69 | 4.42 | 5.88 | 14.6 | 38.63 | 1809.78 |
| P/FCF | -8.4 | -3.63 | 41.93 | -4.94 | -2.02 | -1.61 | -1.41 |
| EV/FCF | -9.39 | -5.61 | 92.11 | -13.25 | -6.07 | -5.82 | -6.1 |
Income Statement
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Revenue | 127.7 | 122.5 | 114.4 | 90.2 | 92.6 | 106.9 | 112.3 |
| Rev. Growth, % | 148.0 | -4.1 | -6.6 | -21.2 | 2.7 | 15.4 | 5.1 |
| Ebit | 10.0 | 8.4 | 5.3 | 6.2 | 4.7 | 8.3 | 8.1 |
| Ebit Growth, % | 426.3 | -16.0 | -36.9 | 17.0 | -24.2 | 76.6 | -2.4 |
| Ebit, % | 7.8 | 6.9 | 4.6 | 6.9 | 5.1 | 7.8 | 7.2 |
| Profit | 3.5 | 2.7 | -1.3 | -3.4 | 2.5 | 6.6 | 6.5 |
| EPS | 0.13 | 0.1 | -0.05 | -0.12 | 0.09 | 0.24 | 0.24 |
| Profit Growth, % | 288.9 | -22.9 | -148.1 | -161.5 | 173.5 | 164.0 | -1.5 |
| Profit, % | 2.7 | 2.2 | -1.1 | -3.8 | 2.7 | 6.2 | 5.8 |
Balance Sheet
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Inventory | 10.4 | 14.2 | 14.3 | 10.2 | 9.5 | 8.9 | 8.4 |
| Acc. Receivable | 29.4 | 26.5 | 27.5 | 23.3 | 21.9 | 23.7 | 22.3 |
| Cash | 4.9 | 11.0 | 16.9 | 9.0 | -3.4 | -19.0 | -36.8 |
| Equity | 61.6 | 63.9 | 64.5 | 55.9 | 59.9 | 66.6 | 73.0 |
| ROE, % | 5.7 | 4.2 | -2.0 | -6.1 | 4.2 | 9.9 | 8.9 |
| ROCE, % | 12.4 | 7.4 | 4.4 | 5.5 | 4.4 | 7.3 | 6.8 |
| Net Debt | 14.3 | 38.8 | 40.0 | 48.1 | 50.2 | 65.8 | 83.6 |
| Gearing, % | 23.2 | 60.7 | 62.0 | 86.2 | 83.7 | 98.8 | 114.4 |
| Equity ratio, % | 45.9 | 39.1 | 35.5 | 34.6 | 36.2 | 39.7 | 42.2 |
| Acc. Payable | 12.7 | 21.6 | 18.1 | 20.1 | 18.3 | 17.9 | 18.1 |
| Total Assets | 134.4 | 163.6 | 181.8 | 161.4 | 165.6 | 167.7 | 172.9 |
| ROA, % | 2.6 | 1.7 | -0.7 | -2.1 | 1.5 | 3.9 | 3.8 |
Cash Flow
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -6.5 | -12.7 | 16.6 | 13.1 | 5.1 | 2.3 | 0.1 |
| Investment Cash Flow | -8.0 | -6.9 | -15.8 | -18.8 | -17.5 | -17.9 | -17.9 |
| Free Cash Flow | -14.4 | -19.6 | 0.8 | -5.8 | -12.4 | -15.6 | -17.8 |
| OCF/CAPEX | 0.0 | 0.0 | 1.05 | 0.69 | 0.29 | 0.13 | 0.0 |
| Financial Cash Flow | -9.5 | 25.7 | 5.1 | -2.1 | 0.0 | 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.
Contact: quant@quantfactory.eu