Share and shareholders

Consensus estimates

Consensus estimates

The consensus estimates are provided by Modular Finance and are based on forecasts from analysts following Kempower. The analysts’ opinions, forecasts, and estimates regarding Kempower are theirs alone and do not represent opinions, forecasts, or predictions from the company itself. Consensus always reflects the latest available analyses.

Analysts

Firm Name Email
BNP Paribas Exane Stephen Benhamou stephen.benhamou@exanebnpparibas.com
Bryan, Garnier & Co Paul de Froment pdefroment@bryangarnier.com
Carnegie Investment Bank Tom Skogman tom.skogman@carnegie.fi
Danske Bank Markets Mika Karppinen mika.karppinen@danskebank.com
Inderes Pauli Lohi pauli.lohi@inderes.fi
Nordea Markets Jukka-Pekka Pesonen jukka-pekka.pesonen@nordea.com
OP Yrityspankki Henri Parkkinen henri.parkkinen@op.fi
Pareto Sofia von Oelreich sofia.vonoelreich@paretosec.com
SEB Nikko Ruokangas nikko.ruokangas@seb.fi

Metadata

Last updated estimate: February 21, 2025
Oldest updated estimate: October 31, 2024
Analysts: 9
Coverage: 8/9
Mean target price: 15.09 EUR (+12.58% vs stock price)

Recommendations

Sell: 1, Hold: 2, Buy: 5 (Total: 8)
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Order Intake

Revenue

Gross profit

Operative EBIT

Annual estimates

2023 2024 2025E 2026E 2027E
Order intake 275.3 218.3 274.7 345.0 430.0
Revenue 283.6 223.7 280.8 385.6 446.1
Revenue growth 174.0% -21.0% 25.9% 36.5% 22.4%
Gross profit 147.7 109.0 136.9 185.3 210.4
Gross margin 52.1% 48.7% 48.5% 47.2% 46.9%
Operating profit (EBIT) 40.6 -28.8 0.6 24.4 38.6
EBIT margin 14.3% -12.9% 0.1% 6.1% 8.6%
Operative EBIT 40.7 -26.4 1.0 24.3 38.6
Operative EBIT margin 14.3% -11.8% 0.3% 6.1% 8.6%
Earnings per share 0.61 -0.42 0.01 0.34 0.55

Quarterly estimates

Q4 2024 Q1 2025E Q2 2025E Q3 2025E Q4 2025E
Order intake 67.8 58.0 65.0 75.3 81.8
Revenue 71.7 53.2 65.7 72.2 85.3
Revenue growth -13.0% 24.9% 15.1% 38.0% 19.0%
Gross profit 35.6 26.9 30.9 35.5 39.8
Gross margin 49.6% 48.6% 48.4% 48.2% 48.2%
Operating profit (EBIT) 0.7 -4.9 -1.2 1.1 3.9
EBIT margin 1.0% -9.3% -2.1% 1.5% 4.5%
Operative EBIT 0.8 -4.6 -0.9 1.4 4.0
Operative EBIT margin 1.1% -8.6% -1.6% 1.9% 4.6%
Earnings per share 0.01 -0.07 -0.02 0.02 0.07