Global industrial group

Cavotec

Cavotec is an international engineering group that designs and manufactures systems within power transmission and distribution, remote controlling and automation for end markets such as ports, maritime, airports, mining and tunnelling. Its Ports & Maritime segment provides systems such as automated mooring, motorised cable reels, shore power connection systems. The Airports & Industry segment offers ground-support equipment (GSE) for aircraft at airports such as power and pre-conditioned air (PCA), while also providing motorised cable reels and radio remote controls (RRC) for mining and general industry.

Financials

CAVOTEC

EURm 2017 2018 2019
Sales 212 209 219
Sales growth (%) 0,4 -1,8 5
EBITDA 6 8 19
EBITDA margin (%) 3 4,1 8,6
EBIT adj 29 13 14
EBIT adj margin (%) 13,4 6,2 6,6
Pretax profit -23 3 11
EPS rep -0,4 -0,01 0,1
EPS growth (%) -571,9 97,1 937,6
EPS adj 0,19 0,1 0,1
DPS 0,02 0,02 0,02
EV/EBITDA (x) 32,4 23,5 10,1
EV/EBIT adj (x) 7,2 15,5 13,2
P/E (x) -5,9 -198 23,6
P/E adj (x) 12,3 23,9 23,6
EV/sales (x) 1 1 0,9
FCF yield (%) 5,1 2,5 5,4
Dividend yield (%) 0,7 0,9 0,9
Net IB debt/EBITDA 3,1 2 0,4