S

Spinnova Oyj
OMXH:SPINN

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Spinnova Oyj
OMXH:SPINN
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Price: 0.39 EUR -4.88% Market Closed
Market Cap: 20.4m EUR

Relative Value

The Relative Value of one SPINN stock under the Base Case scenario is 0.46 EUR. Compared to the current market price of 0.39 EUR, Spinnova Oyj is Undervalued by 15%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SPINN Relative Value
Base Case
0.46 EUR
Undervaluation 15%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
43
vs Industry
2
Median 3Y
17.5
Median 5Y
26.4
Industry
0.9
Forward
22
vs History
vs Industry
Median 3Y
-9
Median 5Y
-11.8
Industry
16.6
Forward
-0.8
vs History
vs Industry
Median 3Y
-8.9
Median 5Y
-10.5
Industry
9.7
vs History
vs Industry
Median 3Y
-8.8
Median 5Y
-15.8
Industry
15.5
vs History
95
vs Industry
79
Median 3Y
1.8
Median 5Y
2.2
Industry
1.2
vs History
vs Industry
22
Median 3Y
8.4
Median 5Y
10.8
Industry
1
Forward
-23.5
vs History
vs Industry
7
Median 3Y
87.2
Median 5Y
151.6
Industry
3.6
vs History
0
vs Industry
68
Median 3Y
-7.8
Median 5Y
-12.2
Industry
9.4
Forward
0.9
vs History
0
vs Industry
63
Median 3Y
-6.8
Median 5Y
-10.9
Industry
12.4
Forward
0.8
vs History
12
vs Industry
66
Median 3Y
-4.2
Median 5Y
-5
Industry
10.5
vs History
0
vs Industry
56
Median 3Y
-5.3
Median 5Y
-12.3
Industry
13
vs History
vs Industry
62
Median 3Y
2.8
Median 5Y
5.1
Industry
1

Multiples Across Competitors

SPINN Competitors Multiples
Spinnova Oyj Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
FI
Spinnova Oyj
OMXH:SPINN
20.4m EUR 26.8 -1.2 1.8 1.5
CN
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
32.6B CNY 3.5 -130.2 -1 431.1 -1 431.1
IN
Spentex Industries Ltd
NSE:SPENTEX
291.1B INR 2 797.1 -408.1 -424.2 -370.2
TW
Eclat Textile Co Ltd
TWSE:1476
107B TWD 2.9 16.1 11.6 12.9
HK
Cecep Costin New Materials Group Ltd
HKEX:2228
19.9B HKD 70 -12.3 -27.1 -21.8
TW
Ruentex Industries Ltd
TWSE:2915
57.9B TWD 20 4.3 204 302.5
IN
Welspun India Ltd
NSE:WELSPUNIND
146.2B INR 1.7 27.8 13.8 22
IN
Trident Ltd
NSE:TRIDENT
142.1B INR 2.1 48.5 17.3 30.7
UK
Coats Group PLC
LSE:COA
1.2B GBP 1.1 19.7 168.9 216.9
IN
Vardhman Textiles Ltd
NSE:VTL
132.2B INR 1.4 15.6 9.5 13.7
IN
Swan Energy Ltd
NSE:SWANENERGY
130.1B INR 2.4 16.3 -186.4 -70.5
P/E Multiple
Earnings Growth PEG
FI
S
Spinnova Oyj
OMXH:SPINN
Average P/E: 21.2
Negative Multiple: -1.2
N/A N/A
CN
S
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
Negative Multiple: -130.2 N/A N/A
IN
S
Spentex Industries Ltd
NSE:SPENTEX
Negative Multiple: -408.1 N/A N/A
TW
Eclat Textile Co Ltd
TWSE:1476
16.1
11%
1.5
HK
C
Cecep Costin New Materials Group Ltd
HKEX:2228
Negative Multiple: -12.3 N/A N/A
TW
Ruentex Industries Ltd
TWSE:2915
4.3
N/A N/A
IN
W
Welspun India Ltd
NSE:WELSPUNIND
27.8
78%
0.4
IN
T
Trident Ltd
NSE:TRIDENT
48.5
27%
1.8
UK
Coats Group PLC
LSE:COA
19.7
34%
0.6
IN
Vardhman Textiles Ltd
NSE:VTL
15.6
25%
0.6
IN
Swan Energy Ltd
NSE:SWANENERGY
16.3
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
FI
S
Spinnova Oyj
OMXH:SPINN
Average EV/EBITDA: 61
1.8
N/A N/A
CN
S
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
Negative Multiple: -1 431.1 N/A N/A
IN
S
Spentex Industries Ltd
NSE:SPENTEX
Negative Multiple: -424.2 N/A N/A
TW
Eclat Textile Co Ltd
TWSE:1476
11.6
12%
1
HK
C
Cecep Costin New Materials Group Ltd
HKEX:2228
Negative Multiple: -27.1 N/A N/A
TW
Ruentex Industries Ltd
TWSE:2915
204
N/A N/A
IN
W
Welspun India Ltd
NSE:WELSPUNIND
13.8
39%
0.4
IN
T
Trident Ltd
NSE:TRIDENT
17.3
18%
1
UK
Coats Group PLC
LSE:COA
168.9
6%
28.2
IN
Vardhman Textiles Ltd
NSE:VTL
9.5
23%
0.4
IN
Swan Energy Ltd
NSE:SWANENERGY
Negative Multiple: -186.4 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FI
S
Spinnova Oyj
OMXH:SPINN
Average EV/EBIT: 85.7
1.5
N/A N/A
CN
S
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
Negative Multiple: -1 431.1 N/A N/A
IN
S
Spentex Industries Ltd
NSE:SPENTEX
Negative Multiple: -370.2 N/A N/A
TW
Eclat Textile Co Ltd
TWSE:1476
12.9
15%
0.9
HK
C
Cecep Costin New Materials Group Ltd
HKEX:2228
Negative Multiple: -21.8 N/A N/A
TW
Ruentex Industries Ltd
TWSE:2915
302.5
N/A N/A
IN
W
Welspun India Ltd
NSE:WELSPUNIND
22
65%
0.3
IN
T
Trident Ltd
NSE:TRIDENT
30.7
22%
1.4
UK
Coats Group PLC
LSE:COA
216.9
9%
24.1
IN
Vardhman Textiles Ltd
NSE:VTL
13.7
35%
0.4
IN
Swan Energy Ltd
NSE:SWANENERGY
Negative Multiple: -70.5 N/A N/A