S

Spinnova Oyj
OMXH:SPINN

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Spinnova Oyj
OMXH:SPINN
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Price: 0.4415 EUR -0.56% Market Closed
Market Cap: €23.1m

P/S

67.1
Current
109%
More Expensive
vs 3-y average of 32.1

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
67.1
=
Market Cap
€23m
/
Revenue
€344k

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
67.1
=
Market Cap
€23m
/
Revenue
€344k

Valuation Scenarios

Spinnova Oyj is trading above its 3-year average

If P/S returns to its 3-Year Average (32.1), the stock would be worth €0.21 (52% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-98%
Maximum Upside
No Upside Scenarios
Average Downside
74%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 67.1 €0.44
0%
3-Year Average 32.1 €0.21
-52%
5-Year Average 33.9 €0.22
-50%
Industry Average 2.8 €0.02
-96%
Country Average 1.2 €0.01
-98%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
€23m
/
Jan 2026
€344k
=
67.1
Current
€23m
/
Dec 2026
€206k
=
111.7
Forward
€23m
/
Dec 2027
€5.7m
=
4
Forward
€23m
/
Dec 2028
€8.5m
=
2.7
Forward
€23m
/
Dec 2029
€11.9m
=
1.9
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
FI
S
Spinnova Oyj
OMXH:SPINN
Average P/E: 221.5
Negative Multiple: -0.6
N/A N/A
HK
C
Cecep Costin New Materials Group Ltd
HKEX:2228
256.7
76%
3.4
CN
H
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
122.4
32%
3.8
CN
S
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
836.4
N/A N/A
IN
S
Spentex Industries Ltd
NSE:SPENTEX
Negative Multiple: -72 690.1 N/A N/A
TW
Eclat Textile Co Ltd
TWSE:1476
16.6
15%
1.1
IN
Sumeet Industries Ltd
NSE:SUMEETINDS
274.9
N/A N/A
CN
D
Deyun Holding Ltd
HKEX:1440
Negative Multiple: -165.4 N/A N/A
CN
W
Weiqiao Textile Co Ltd
HKEX:2698
Negative Multiple: -11.1 N/A N/A
UK
Coats Group PLC
LSE:COA
20.4
35%
0.6
CN
Bros Eastern Co Ltd
SSE:601339
23.2
25%
0.9

Market Distribution

Higher than 99% of companies in Finland
Percentile
99th
Based on 495 companies
99th percentile
67.1
Low
0 — 0.8
Typical Range
0.8 — 2.6
High
2.6 —
Distribution Statistics
Finland
Min 0
30th Percentile 0.8
Median 1.2
70th Percentile 2.6
Max 4 129.6

Spinnova Oyj
Glance View

Spinnova Oyj engages in the production and distribution of textile fibres and wood fabrics. The company is headquartered in Jyvaskyla, Lansi-Suomen and currently employs 81 full-time employees. The company went IPO on 2021-06-24. Spinnova Oyj has developed a new technology for making textile fiber out of wood and waste such as leather, textile or food waste, without harmful chemicals. SPINNOVA fiber does not produce any waste or side streams and is produced with minimal water usage and with minimal CO2 emissions. The fiber is recyclable, quickly biodegradable, does not contain microplastics and can be produced without solvents or other harmful chemicals or additives. The target customers for Spinnova fiber consist of large multinational textile brands, especially clothing brands that use a lot of cotton and/or have the intention of reducing their environmental impact. The firm has a production plant in Jyvaskyla.

SPINN Intrinsic Value
0.1031 EUR
Overvaluation 77%
Intrinsic Value
Price €0.4415
S
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