Foamit Oyj (FOAMIT.HE) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-25.8%

€0.60

vs €0.81 price

Levered DCF

-€0.85

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.47

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	42.36×	5.77×	-37.05×	-1.12×	24.78×	11.29×	12.35×	6.5×
P/B	0.68×	0.55×	0.53×	0.61×	1.14×	0.96×	1.25×	1.29×
P/S	0.8×	0.65×	0.47×	0.32×	1.05×	2.23×	3.92×	7.54×
EV / EBITDA	6.79×	1.13×	3.75×	-6.38×	9.1×	5.34×	8.86×	-75.82×
Gross margin	25.7%	52.4%	67.5%	41.5%	62.7%	25.5%	29.5%	11.0%
Operating margin	3.7%	2.2%	5.1%	-22.1%	7.1%	23.8%	35.8%	-10.3%
Net margin	1.9%	11.3%	-1.3%	-28.3%	4.2%	19.5%	31.8%	117.5%
Current ratio	2.57×	4.26×	2.14×	0.97×	1.34×	5.63×	6.29×	4.78×
Debt / equity	0.42×	0.33×	0.48×	0.99×	0.64×	0.26×	0.29×	0.24×
Interest coverage	0.58×	0.29×	0.44×	-1.94×	2.48×	6.62×	9.02×	-5.5×
Dividend yield	12.4%	0.0%	0.0%	10.6%	4.9%	7.3%	5.7%	5.7%
Payout ratio	528.3%	0.0%	0.0%	-12.0%	120.3%	82.9%	69.9%	36.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.6%	9.4%	-1.4%	-53.8%	4.6%	8.4%	10.1%	20.1%
Return on invested capital	1.1%	0.9%	3.5%	-18.7%	3.5%	6.0%	6.3%	-1.0%
Return on assets	1.0%	5.6%	-0.8%	-15.8%	1.8%	5.4%	6.4%	13.9%
Free cash flow yield	-16.4%	-8.8%	-6.5%	-6.1%	-10.6%	26.9%	-26.9%	8.1%
Earnings yield	2.4%	17.2%	-2.7%	-88.8%	4.0%	8.8%	8.1%	15.6%
Enterprise value	€39.8M	€14.6M	€38.6M	€61.8M	€114.5M	€65.3M	€101.1M	€69.5M
Net debt / EBITDA	1.34×	-0.97×	1.46×	-3.57×	2.6×	-0.34×	1.03×	21.58×
Cash conversion cycle (days)	155	186	153	78	123	178	942	514