Incap Oyj（0ERY）株式概要Incap Oyjはその子会社とともに、ヨーロッパ、北米、アジアでエレクトロニクス製造サービスを提供している。 詳細0ERY ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長3/6過去の実績2/6財務の健全性5/6配当金0/6報酬当社が推定した公正価値より30.1%で取引されている 収益は年間18.22%増加すると予測されています リスク分析利益率(6.5%)は昨年より低い(9.8%) すべてのリスクチェックを見る0ERY Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€9.9917.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0406m2016201920222025202620282031Revenue €405.6mEarnings €26.3mAdvancedSet Fair ValueView all narrativesIncap Oyj 競合他社Gooch & HousegoSymbol: AIM:GHHMarket cap: UK£290.1mVectron SystemsSymbol: LSE:0W1IMarket cap: €113.9mSolid StateSymbol: AIM:SOLIMarket cap: UK£98.7mSDI GroupSymbol: AIM:SDIMarket cap: UK£80.5m価格と性能株価の高値、安値、推移の概要Incap Oyj過去の株価現在の株価€9.9952週高値€12.3452週安値€8.66ベータ1.421ヶ月の変化-5.75%3ヶ月変化0.30%1年変化-8.35%3年間の変化0.18%5年間の変化28.08%IPOからの変化552.52%最新ニュースBoard Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Julianna Borsos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 21Full year 2025 earnings released: EPS: €0.47 (vs €0.77 in FY 2024)Full year 2025 results: EPS: €0.47 (down from €0.77 in FY 2024). Revenue: €215.2m (down 6.9% from FY 2024). Net income: €14.0m (down 39% from FY 2024). Profit margin: 6.5% (down from 9.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Feb 27Full year 2025 earnings released: EPS: €0.47 (vs €0.77 in FY 2024)Full year 2025 results: EPS: €0.47 (down from €0.77 in FY 2024). Revenue: €217.0m (down 6.1% from FY 2024). Net income: €14.0m (down 39% from FY 2024). Profit margin: 6.4% (down from 9.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.New Risk • Feb 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.4% Last year net profit margin: 9.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.お知らせ • Dec 11+ 4 more updatesIncap Oyj, Annual General Meeting, May 20, 2026Incap Oyj, Annual General Meeting, May 20, 2026. Location: helsinki FinlandNew Risk • Dec 07New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.最新情報をもっと見るRecent updatesBoard Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Julianna Borsos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 21Full year 2025 earnings released: EPS: €0.47 (vs €0.77 in FY 2024)Full year 2025 results: EPS: €0.47 (down from €0.77 in FY 2024). Revenue: €215.2m (down 6.9% from FY 2024). Net income: €14.0m (down 39% from FY 2024). Profit margin: 6.5% (down from 9.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Feb 27Full year 2025 earnings released: EPS: €0.47 (vs €0.77 in FY 2024)Full year 2025 results: EPS: €0.47 (down from €0.77 in FY 2024). Revenue: €217.0m (down 6.1% from FY 2024). Net income: €14.0m (down 39% from FY 2024). Profit margin: 6.4% (down from 9.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.New Risk • Feb 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.4% Last year net profit margin: 9.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.お知らせ • Dec 11+ 4 more updatesIncap Oyj, Annual General Meeting, May 20, 2026Incap Oyj, Annual General Meeting, May 20, 2026. Location: helsinki FinlandNew Risk • Dec 07New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.お知らせ • Dec 05Incap Oyj (HLSE:ICP1V) agreed to acquire Lacon Electronic GmbH for €50 million.Incap Oyj (HLSE:ICP1V) agreed to acquire Lacon Electronic GmbH for €50 million on December 3, 2025. The purchase price €50 million, payable to the sellers in cash at closing. The acquisition agreement includes a possible earn-out payment to be paid to the sellers in 2027, amounting to €5 million, at the maximum. The earn-out is based on Lacon Group’s financial performance in 2026 and the maximum amount would be reached with an EBITDA of €10.5 million The transaction will be financed with Incap’s own funds and a bank loan of approximately €30 million. The closing of the agreement is subject to the applicable foreign direct investment control clearances in Germany and Romania and is expected to occur in the first quarter of 2026. Sebastian Kamm, Florian Streiber, Sascha Dethof, Anita Malec, Marcus Kamp, Thorsten Ihler, Bahne Sievers, Inga Wömmel, Matthias Berger, André Suttorp of Fieldfisher (Germany) LLP acted as legal advisors to Incap Oyj.Reported Earnings • Jul 27Second quarter 2025 earnings released: EPS: €0.03 (vs €0.17 in 2Q 2024)Second quarter 2025 results: EPS: €0.03 (down from €0.17 in 2Q 2024). Revenue: €55.6m (down 3.5% from 2Q 2024). Net income: €873.0k (down 83% from 2Q 2024). Profit margin: 1.6% (down from 8.8% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year.お知らせ • Jul 25Incap Corporation Provides Earnings Guidance for the Full Year 2025Incap Corporation provided earnings guidance for the full year 2025. for the year, the company expects revenue of EUR 210 million to EUR 230 million and operating profit (EBIT) of EUR 23 million to EUR 29 million.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €10.30, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.95 per share.Reported Earnings • Apr 17Full year 2024 earnings released: EPS: €0.77 (vs €0.68 in FY 2023)Full year 2024 results: EPS: €0.77 (up from €0.68 in FY 2023). Revenue: €231.2m (up 4.3% from FY 2023). Net income: €22.7m (up 15% from FY 2023). Profit margin: 9.8% (in line with FY 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year.Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.77 (vs €0.68 in FY 2023)Full year 2024 results: EPS: €0.77 (up from €0.68 in FY 2023). Revenue: €231.7m (up 4.5% from FY 2023). Net income: €22.7m (up 15% from FY 2023). Profit margin: 9.8% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Feb 21Incap Oyj to Report Fiscal Year 2024 Final Results on Apr 14, 2025Incap Oyj announced that they will report fiscal year 2024 final results at 10:00 AM, USSR Zone1 on Apr 14, 2025お知らせ • Dec 19+ 4 more updatesIncap Oyj, Annual General Meeting, May 08, 2025Incap Oyj, Annual General Meeting, May 08, 2025. Location: bulevardi 21, fi-00180 helsinki, finland, helsinki FinlandReported Earnings • Oct 27Third quarter 2024 earnings released: EPS: €0.17 (vs €0.15 in 3Q 2023)Third quarter 2024 results: EPS: €0.17 (up from €0.15 in 3Q 2023). Revenue: €62.9m (up 26% from 3Q 2023). Net income: €4.94m (up 12% from 3Q 2023). Profit margin: 7.9% (down from 8.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: €0.17 (vs €0.19 in 2Q 2023)Second quarter 2024 results: EPS: €0.17 (down from €0.19 in 2Q 2023). Revenue: €57.9m (up 2.5% from 2Q 2023). Net income: €5.06m (down 11% from 2Q 2023). Profit margin: 8.8% (down from 10% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jul 02Now 26% undervaluedOver the last 90 days, the stock has risen 30% to €12.13. The fair value is estimated to be €16.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.Buy Or Sell Opportunity • Jun 10Now 20% undervaluedOver the last 90 days, the stock has risen 34% to €12.35. The fair value is estimated to be €15.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €12.01, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Electronic industry in the United Kingdom. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.35 per share.お知らせ • May 11Incap Oyj Announces Audit and Remuneration Committee AppointmentsThe Board of Directors of Incap Oyj decided to establish two Committees, an Audit Committee and a Remuneration Committee. Kaisa Kokkonen was elected as the Chairman and Julianna Borsos and Antti Pynnönen as members of the Audit Committee. Ville Vuori was elected Chairman and Carl-Gustaf von Troil and Otto Pukk as members of the Remuneration Committee.Reported Earnings • May 10First quarter 2024 earnings released: EPS: €0.17 (vs €0.29 in 1Q 2023)First quarter 2024 results: EPS: €0.17 (down from €0.29 in 1Q 2023). Revenue: €51.5m (down 29% from 1Q 2023). Net income: €4.95m (down 41% from 1Q 2023). Profit margin: 9.6% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year.Reported Earnings • Apr 07Full year 2023 earnings released: EPS: €0.68 (vs €0.94 in FY 2022)Full year 2023 results: EPS: €0.68 (down from €0.94 in FY 2022). Revenue: €221.7m (down 16% from FY 2022). Net income: €19.8m (down 28% from FY 2022). Profit margin: 8.9% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom.Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €8.81, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total loss to shareholders of 50% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €15.99 per share.Reported Earnings • Feb 23Full year 2023 earnings released: EPS: €0.68 (vs €0.94 in FY 2022)Full year 2023 results: EPS: €0.68 (down from €0.94 in FY 2022). Revenue: €222.0m (down 16% from FY 2022). Net income: €19.8m (down 28% from FY 2022). Profit margin: 8.9% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom.お知らせ • Feb 22Incap Oyj Appoints David Spehar as Member of Management TeamIncap Oyj announced David Spehar (born 1967, MBA, Industrial Engineering) has been appointed member of Incap Group’s Management Team as of 21 February 2024. Mr. Spehar joined Incap in July 2023 through the acquisition of Pennatronics Inc., an Electronics Manufacturing Services company in Pennsylvania, USA. He has 17 years of experience with Pennatronics as General Manager and VP of Operations at the company’s factory outside of Pittsburgh, Pennsylvania. On 7 July 2023, he was appointed Managing Director of Incap Electronics US Inc., and he will continue in that position. As of 21 February 2024, the members of Incap Corporation’s Management Team are President & CEO, Otto Pukk; Director of Operations, India and Sales APAC, Murthy Munipalli; Director of Operations, Estonia, Margus Jakobson; Director of Operations, Slovakia, Miroslav Michalik; Director of Operations, U.K., Jamie Maughan; Director of Operations, U.S., David Spehar and CFO Antti Pynnönen.お知らせ • Dec 06+ 4 more updatesIncap Oyj to Report Nine Months, 2024 Results on Oct 25, 2024Incap Oyj announced that they will report nine months, 2024 results on Oct 25, 2024Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.07, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total loss to shareholders of 54% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €13.93 per share.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: €0.15 (vs €0.28 in 3Q 2022)Third quarter 2023 results: EPS: €0.15 (down from €0.28 in 3Q 2022). Revenue: €50.5m (down 32% from 3Q 2022). Net income: €4.42m (down 46% from 3Q 2022). Profit margin: 8.8% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom.New Risk • Oct 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).New Risk • Oct 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to €6.36, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Electronic industry in the United Kingdom. Total loss to shareholders of 50% over the past year.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: €0.19 (vs €0.19 in 2Q 2022)Second quarter 2023 results: EPS: €0.19. Revenue: €56.7m (down 7.6% from 2Q 2022). Net income: €5.69m (flat on 2Q 2022). Profit margin: 10.0% (in line with 2Q 2022). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom.お知らせ • Jul 29Incap Oyj Re-Affirms Earnings Guidance for the Year 2023Incap Oyj re-affirmed earnings guidance for the year 2023. As communicated on 18 April 2023, the company estimates that its revenue and operating profit (EBIT) for 2023 will be lower than in 2022.お知らせ • Jul 07Incap Oyj (HLSE:ICP1V) acquired Pennatronics Corporation.Incap Oyj (HLSE:ICP1V) entered into an agreement to acquire Pennatronics Corporation for $26.3 million on July 1, 2023. The enterprise value of the acquired company is 18.6 million. In addition to this, approximately $1.6 million will be paid with Incap's shares to the owners of the acquired company. The acquisition agreement includes an additional payment in the form of a potential earn-out that will be paid in 2024 depending on Pennatronics' business performance during the financial year ending in March 2024. Its maximum amount is $3 million based on Pennatronics' EBITDA during the financial year ending in March 2024. Incap may at a later stage, subject to market conditions, explore the option of equity financing to optimize its capital structure. Pennatronics' revenue for the financial year that ended on 31 March 2023 was $30 million, and EBITDA was $2.9 million, or 10 percent of net sales. The closing of the agreement will occur after the 4th of July festivities in the U.S. The closing is not subject to any approval by competition authorities or any other conditions precedent. Pennatronics' figures will be included in Incap Group's reporting as of July 2023. The transaction is estimated to have a positive impact on Incap Corporation's revenue in 2023. Additionally, the transaction is expected to have a slightly positive impact on operating profit (EBIT) due to one-time integration and transaction costs as well as the purchase price allocation amortization. The amount of integration costs incurring will be specified in more detail during the financial year 2023. After the acquisition, the former owners of Pennatronics, Ralph B. Andy and Keith D. James, are committed to support Incap over the transition period. Incap Oyj (HLSE:ICP1V) acquired Pennatronics Corporation on July 5, 2023. Pennatronics Inc. will be named as Incap Electronics US, Inc. and the company will start the brand change process.Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €10.78, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total loss to shareholders of 2.5% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €16.99 per share.Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Kaisa Kokkonen was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 18Investor sentiment deteriorates as stock falls 39%After last week's 39% share price decline to €11.04, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total loss to shareholders of 24% over the past year.Buying Opportunity • Apr 18Now 41% undervalued after recent price dropOver the last 90 days, the stock is down 38%. The fair value is estimated to be €18.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings is also forecast to grow by 10% per annum over the same time period.Reported Earnings • Apr 05Full year 2022 earnings released: EPS: €0.94 (vs €0.72 in FY 2021)Full year 2022 results: EPS: €0.94 (up from €0.72 in FY 2021). Revenue: €263.8m (up 55% from FY 2021). Net income: €27.6m (up 31% from FY 2021). Profit margin: 11% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €17.31, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Electronic industry in the United Kingdom. Total returns to shareholders of 29% over the past year.Reported Earnings • Feb 22Full year 2022 earnings released: EPS: €0.94 (vs €0.72 in FY 2021)Full year 2022 results: EPS: €0.94 (up from €0.72 in FY 2021). Revenue: €264.4m (up 56% from FY 2021). Net income: €27.6m (up 31% from FY 2021). Profit margin: 10% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom.お知らせ • Feb 02Incap Corporation Appoints Margus Jakobson as Member of Management TeamIncap’s Margus Jakobson appointed member of Incap Group’s Management Team. Margus Jakobson (born 1979, Civ. Eng.), interim Managing Director of Incap Estonia, has been appointed member of Incap Group’s Management Team as well as Director of Operations Estonia and Managing Director of Incap Estonia as of 1 February 2023. Margus Jakobson joined Incap Estonia in 2016 and has previously been Member of Incap Estonia’s Management responsible for QHSE, process and strategy development. Before joining Incap Margus Jakobson held several managerial positions at electronics and technology companies such as ETAL Group, Nordic Houses and Pharmadule, among others. As of 1 February 2023, the members of Incap Group’s Management Team are Otto Pukk, President and CEO; Margus Jakobson, Director of Operations Estonia; Murthy Munipalli, Director of Operations India and Sales APAC; Jamie Maughan, Director of Operations UK; Miroslav Michalik, Director of Operations Slovakia and Antti Pynnönen, CFO.お知らせ • Dec 08+ 3 more updatesIncap Oyj to Report Nine Months, 2023 Results on Oct 25, 2023Incap Oyj announced that they will report nine months, 2023 results on Oct 25, 2023Buying Opportunity • Dec 07Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be €20.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to €15.18, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 24% over the past year.Reported Earnings • Jul 29First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €7.76m from profit in 1H 2021). Profit margin: (down from 11% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10%, compared to a 9.6% growth forecast for the industry in the United Kingdom.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 18% share price gain to €13.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 83% over the past year.Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €12.12, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 25x in the Electronic industry in the United Kingdom. Total returns to shareholders of 68% over the past year.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €59.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 676% over the past three years.Buying Opportunity • Mar 05Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be €80.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% per annum over the last 3 years. Earnings per share has grown by 32% per annum over the last 3 years.Reported Earnings • Feb 26Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €3.60 (up from €2.02 in FY 2020). Revenue: €170.0m (up 58% from FY 2020). Net income: €21.1m (up 129% from FY 2020). Profit margin: 12% (up from 8.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 22%, compared to a 6.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Feb 04Now 21% undervaluedOver the last 90 days, the stock is up 2.0%. The fair value is estimated to be €91.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €61.53, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 26x in the Electronic industry in the United Kingdom. Total returns to shareholders of 768% over the past three years.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 21% share price gain to €74.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 32x in the Electronic industry in the United Kingdom. Total returns to shareholders of 1,122% over the past three years.Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to €57.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 30x in the Electronic industry in the United Kingdom. Total returns to shareholders of 813% over the past three years.お知らせ • May 12Incap to Close Down Temporarily Its Factories in IndiaTo contain the worsening coronavirus pandemic situation, the government of Karnataka has announced stricter measures. As a result, Incap has closed down temporarily its factories in Tumkur, Karnataka from 10 May until 24 May 2021. The closure of the factories does not have an impact on its outlook for 2021 published on 21 April 2021. Incap estimates that its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2021 will be clearly higher than in 2020.お知らせ • Mar 05Incap Corporation Promotes Miroslav Michalik to the Position of Managing DirectorIncap Corporation has decided to promote Miroslav Michalik to the position of Managing Director of Incap Slovakia. Miroslav Michalik has been employed by Incap Slovakia (previously AWS Slovakia) since 2018, working as a Plant Director at the company’s factory in Namestovo. Miroslav Michalik studied electronics at secondary school and went on to study production and general management at degree-level. Before joining Incap, he held several roles in companies within the electronics sector, from process engineer to plant manager and managing director. Before holding positions at Incap and AWS Group, Miroslav Michalik held the position of managing director at Giesecke+Devrient Slovakia, providing smart payment, ID, passport, and telecommunication card solutions. Prior to that, Miroslav Michalik was a plant manager at Visteon (formerly Johnson Controls Automotive), providing solutions for automotive electronics and infotainment. He also held several positions, including operational manager and team director, at the multinational electronics manufacturing services company, Celestica.お知らせ • Feb 20Incap Revises Earnings Guidance for the Year 2020Incap Corporation announced that the company estimates that its revenue for 2020 will be approximately EUR 106.5 million and the operating profit (EBIT) approximately EUR 12.6 million. Previously the company estimated that its revenue for 2020 will be approximately EUR 105 million – EUR 107 million and the operating profit (EBIT) approximately EUR 10.5 million – EUR 11.5 million.株主還元0ERYGB ElectronicGB 市場7D12.4%5.5%1.8%1Y-8.3%59.6%19.0%株主還元を見る業界別リターン: 0ERY過去 1 年間で59.6 % の収益を上げたUK Electronic業界を下回りました。リターン対市場: 0ERYは、過去 1 年間で19 % のリターンを上げたUK市場を下回りました。価格変動Is 0ERY's price volatile compared to industry and market?0ERY volatility0ERY Average Weekly Movement4.8%Electronic Industry Average Movement6.0%Market Average Movement5.8%10% most volatile stocks in GB Market12.1%10% least volatile stocks in GB Market3.1%安定した株価: 0ERY 、 UK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 0ERYの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1985906Otto Pukkincapcorp.comIncap Oyjは子会社とともに、ヨーロッパ、北米、アジアでエレクトロニクス製造サービスを提供している。同社は、プロトタイピングとエンジニアリング、PCBアセンブリ製造、ボックスビルドアセンブリ、カスタマイズソリューション、ケーブルとワイヤーハーネスアセンブリ、磁気アセンブリ、エンジニアリング、アフターセールスサービスを提供している。航空宇宙、自動車、家電、データストレージ、メディア、石油、ガス、鉱業、電力、セキュリティ、電気通信、輸送、インフラ、ゲームなどの市場にサービスを提供している。Incap Oyjは1985年に設立され、本社はフィンランドのヘルシンキにある。もっと見るIncap Oyj 基礎のまとめIncap Oyj の収益と売上を時価総額と比較するとどうか。0ERY 基礎統計学時価総額€291.53m収益（TTM）€13.97m売上高(TTM)€215.22m20.9xPER（株価収益率1.4xP/Sレシオ0ERY は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0ERY 損益計算書（TTM）収益€215.22m売上原価€141.25m売上総利益€73.97mその他の費用€60.00m収益€13.97m直近の収益報告Dec 31, 2025次回決算日Jul 30, 2026一株当たり利益（EPS）0.47グロス・マージン34.37%純利益率6.49%有利子負債／自己資本比率16.2%0ERY の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 15:15終値2026/05/26 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Incap Oyj 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Antti-Pekka ViljakainenInderes OyPasi VäisänenNordea Markets
Board Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Julianna Borsos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 21Full year 2025 earnings released: EPS: €0.47 (vs €0.77 in FY 2024)Full year 2025 results: EPS: €0.47 (down from €0.77 in FY 2024). Revenue: €215.2m (down 6.9% from FY 2024). Net income: €14.0m (down 39% from FY 2024). Profit margin: 6.5% (down from 9.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: €0.47 (vs €0.77 in FY 2024)Full year 2025 results: EPS: €0.47 (down from €0.77 in FY 2024). Revenue: €217.0m (down 6.1% from FY 2024). Net income: €14.0m (down 39% from FY 2024). Profit margin: 6.4% (down from 9.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
New Risk • Feb 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.4% Last year net profit margin: 9.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
お知らせ • Dec 11+ 4 more updatesIncap Oyj, Annual General Meeting, May 20, 2026Incap Oyj, Annual General Meeting, May 20, 2026. Location: helsinki Finland
New Risk • Dec 07New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Board Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Julianna Borsos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 21Full year 2025 earnings released: EPS: €0.47 (vs €0.77 in FY 2024)Full year 2025 results: EPS: €0.47 (down from €0.77 in FY 2024). Revenue: €215.2m (down 6.9% from FY 2024). Net income: €14.0m (down 39% from FY 2024). Profit margin: 6.5% (down from 9.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: €0.47 (vs €0.77 in FY 2024)Full year 2025 results: EPS: €0.47 (down from €0.77 in FY 2024). Revenue: €217.0m (down 6.1% from FY 2024). Net income: €14.0m (down 39% from FY 2024). Profit margin: 6.4% (down from 9.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
New Risk • Feb 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.4% Last year net profit margin: 9.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
お知らせ • Dec 11+ 4 more updatesIncap Oyj, Annual General Meeting, May 20, 2026Incap Oyj, Annual General Meeting, May 20, 2026. Location: helsinki Finland
New Risk • Dec 07New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
お知らせ • Dec 05Incap Oyj (HLSE:ICP1V) agreed to acquire Lacon Electronic GmbH for €50 million.Incap Oyj (HLSE:ICP1V) agreed to acquire Lacon Electronic GmbH for €50 million on December 3, 2025. The purchase price €50 million, payable to the sellers in cash at closing. The acquisition agreement includes a possible earn-out payment to be paid to the sellers in 2027, amounting to €5 million, at the maximum. The earn-out is based on Lacon Group’s financial performance in 2026 and the maximum amount would be reached with an EBITDA of €10.5 million The transaction will be financed with Incap’s own funds and a bank loan of approximately €30 million. The closing of the agreement is subject to the applicable foreign direct investment control clearances in Germany and Romania and is expected to occur in the first quarter of 2026. Sebastian Kamm, Florian Streiber, Sascha Dethof, Anita Malec, Marcus Kamp, Thorsten Ihler, Bahne Sievers, Inga Wömmel, Matthias Berger, André Suttorp of Fieldfisher (Germany) LLP acted as legal advisors to Incap Oyj.
Reported Earnings • Jul 27Second quarter 2025 earnings released: EPS: €0.03 (vs €0.17 in 2Q 2024)Second quarter 2025 results: EPS: €0.03 (down from €0.17 in 2Q 2024). Revenue: €55.6m (down 3.5% from 2Q 2024). Net income: €873.0k (down 83% from 2Q 2024). Profit margin: 1.6% (down from 8.8% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year.
お知らせ • Jul 25Incap Corporation Provides Earnings Guidance for the Full Year 2025Incap Corporation provided earnings guidance for the full year 2025. for the year, the company expects revenue of EUR 210 million to EUR 230 million and operating profit (EBIT) of EUR 23 million to EUR 29 million.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €10.30, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.95 per share.
Reported Earnings • Apr 17Full year 2024 earnings released: EPS: €0.77 (vs €0.68 in FY 2023)Full year 2024 results: EPS: €0.77 (up from €0.68 in FY 2023). Revenue: €231.2m (up 4.3% from FY 2023). Net income: €22.7m (up 15% from FY 2023). Profit margin: 9.8% (in line with FY 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year.
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.77 (vs €0.68 in FY 2023)Full year 2024 results: EPS: €0.77 (up from €0.68 in FY 2023). Revenue: €231.7m (up 4.5% from FY 2023). Net income: €22.7m (up 15% from FY 2023). Profit margin: 9.8% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 21Incap Oyj to Report Fiscal Year 2024 Final Results on Apr 14, 2025Incap Oyj announced that they will report fiscal year 2024 final results at 10:00 AM, USSR Zone1 on Apr 14, 2025
お知らせ • Dec 19+ 4 more updatesIncap Oyj, Annual General Meeting, May 08, 2025Incap Oyj, Annual General Meeting, May 08, 2025. Location: bulevardi 21, fi-00180 helsinki, finland, helsinki Finland
Reported Earnings • Oct 27Third quarter 2024 earnings released: EPS: €0.17 (vs €0.15 in 3Q 2023)Third quarter 2024 results: EPS: €0.17 (up from €0.15 in 3Q 2023). Revenue: €62.9m (up 26% from 3Q 2023). Net income: €4.94m (up 12% from 3Q 2023). Profit margin: 7.9% (down from 8.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: €0.17 (vs €0.19 in 2Q 2023)Second quarter 2024 results: EPS: €0.17 (down from €0.19 in 2Q 2023). Revenue: €57.9m (up 2.5% from 2Q 2023). Net income: €5.06m (down 11% from 2Q 2023). Profit margin: 8.8% (down from 10% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jul 02Now 26% undervaluedOver the last 90 days, the stock has risen 30% to €12.13. The fair value is estimated to be €16.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
Buy Or Sell Opportunity • Jun 10Now 20% undervaluedOver the last 90 days, the stock has risen 34% to €12.35. The fair value is estimated to be €15.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €12.01, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Electronic industry in the United Kingdom. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.35 per share.
お知らせ • May 11Incap Oyj Announces Audit and Remuneration Committee AppointmentsThe Board of Directors of Incap Oyj decided to establish two Committees, an Audit Committee and a Remuneration Committee. Kaisa Kokkonen was elected as the Chairman and Julianna Borsos and Antti Pynnönen as members of the Audit Committee. Ville Vuori was elected Chairman and Carl-Gustaf von Troil and Otto Pukk as members of the Remuneration Committee.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: €0.17 (vs €0.29 in 1Q 2023)First quarter 2024 results: EPS: €0.17 (down from €0.29 in 1Q 2023). Revenue: €51.5m (down 29% from 1Q 2023). Net income: €4.95m (down 41% from 1Q 2023). Profit margin: 9.6% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year.
Reported Earnings • Apr 07Full year 2023 earnings released: EPS: €0.68 (vs €0.94 in FY 2022)Full year 2023 results: EPS: €0.68 (down from €0.94 in FY 2022). Revenue: €221.7m (down 16% from FY 2022). Net income: €19.8m (down 28% from FY 2022). Profit margin: 8.9% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom.
Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €8.81, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total loss to shareholders of 50% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €15.99 per share.
Reported Earnings • Feb 23Full year 2023 earnings released: EPS: €0.68 (vs €0.94 in FY 2022)Full year 2023 results: EPS: €0.68 (down from €0.94 in FY 2022). Revenue: €222.0m (down 16% from FY 2022). Net income: €19.8m (down 28% from FY 2022). Profit margin: 8.9% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom.
お知らせ • Feb 22Incap Oyj Appoints David Spehar as Member of Management TeamIncap Oyj announced David Spehar (born 1967, MBA, Industrial Engineering) has been appointed member of Incap Group’s Management Team as of 21 February 2024. Mr. Spehar joined Incap in July 2023 through the acquisition of Pennatronics Inc., an Electronics Manufacturing Services company in Pennsylvania, USA. He has 17 years of experience with Pennatronics as General Manager and VP of Operations at the company’s factory outside of Pittsburgh, Pennsylvania. On 7 July 2023, he was appointed Managing Director of Incap Electronics US Inc., and he will continue in that position. As of 21 February 2024, the members of Incap Corporation’s Management Team are President & CEO, Otto Pukk; Director of Operations, India and Sales APAC, Murthy Munipalli; Director of Operations, Estonia, Margus Jakobson; Director of Operations, Slovakia, Miroslav Michalik; Director of Operations, U.K., Jamie Maughan; Director of Operations, U.S., David Spehar and CFO Antti Pynnönen.
お知らせ • Dec 06+ 4 more updatesIncap Oyj to Report Nine Months, 2024 Results on Oct 25, 2024Incap Oyj announced that they will report nine months, 2024 results on Oct 25, 2024
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.07, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total loss to shareholders of 54% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €13.93 per share.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: €0.15 (vs €0.28 in 3Q 2022)Third quarter 2023 results: EPS: €0.15 (down from €0.28 in 3Q 2022). Revenue: €50.5m (down 32% from 3Q 2022). Net income: €4.42m (down 46% from 3Q 2022). Profit margin: 8.8% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom.
New Risk • Oct 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).
New Risk • Oct 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to €6.36, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Electronic industry in the United Kingdom. Total loss to shareholders of 50% over the past year.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: €0.19 (vs €0.19 in 2Q 2022)Second quarter 2023 results: EPS: €0.19. Revenue: €56.7m (down 7.6% from 2Q 2022). Net income: €5.69m (flat on 2Q 2022). Profit margin: 10.0% (in line with 2Q 2022). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom.
お知らせ • Jul 29Incap Oyj Re-Affirms Earnings Guidance for the Year 2023Incap Oyj re-affirmed earnings guidance for the year 2023. As communicated on 18 April 2023, the company estimates that its revenue and operating profit (EBIT) for 2023 will be lower than in 2022.
お知らせ • Jul 07Incap Oyj (HLSE:ICP1V) acquired Pennatronics Corporation.Incap Oyj (HLSE:ICP1V) entered into an agreement to acquire Pennatronics Corporation for $26.3 million on July 1, 2023. The enterprise value of the acquired company is 18.6 million. In addition to this, approximately $1.6 million will be paid with Incap's shares to the owners of the acquired company. The acquisition agreement includes an additional payment in the form of a potential earn-out that will be paid in 2024 depending on Pennatronics' business performance during the financial year ending in March 2024. Its maximum amount is $3 million based on Pennatronics' EBITDA during the financial year ending in March 2024. Incap may at a later stage, subject to market conditions, explore the option of equity financing to optimize its capital structure. Pennatronics' revenue for the financial year that ended on 31 March 2023 was $30 million, and EBITDA was $2.9 million, or 10 percent of net sales. The closing of the agreement will occur after the 4th of July festivities in the U.S. The closing is not subject to any approval by competition authorities or any other conditions precedent. Pennatronics' figures will be included in Incap Group's reporting as of July 2023. The transaction is estimated to have a positive impact on Incap Corporation's revenue in 2023. Additionally, the transaction is expected to have a slightly positive impact on operating profit (EBIT) due to one-time integration and transaction costs as well as the purchase price allocation amortization. The amount of integration costs incurring will be specified in more detail during the financial year 2023. After the acquisition, the former owners of Pennatronics, Ralph B. Andy and Keith D. James, are committed to support Incap over the transition period. Incap Oyj (HLSE:ICP1V) acquired Pennatronics Corporation on July 5, 2023. Pennatronics Inc. will be named as Incap Electronics US, Inc. and the company will start the brand change process.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €10.78, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total loss to shareholders of 2.5% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €16.99 per share.
Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Kaisa Kokkonen was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment deteriorates as stock falls 39%After last week's 39% share price decline to €11.04, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total loss to shareholders of 24% over the past year.
Buying Opportunity • Apr 18Now 41% undervalued after recent price dropOver the last 90 days, the stock is down 38%. The fair value is estimated to be €18.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings is also forecast to grow by 10% per annum over the same time period.
Reported Earnings • Apr 05Full year 2022 earnings released: EPS: €0.94 (vs €0.72 in FY 2021)Full year 2022 results: EPS: €0.94 (up from €0.72 in FY 2021). Revenue: €263.8m (up 55% from FY 2021). Net income: €27.6m (up 31% from FY 2021). Profit margin: 11% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €17.31, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Electronic industry in the United Kingdom. Total returns to shareholders of 29% over the past year.
Reported Earnings • Feb 22Full year 2022 earnings released: EPS: €0.94 (vs €0.72 in FY 2021)Full year 2022 results: EPS: €0.94 (up from €0.72 in FY 2021). Revenue: €264.4m (up 56% from FY 2021). Net income: €27.6m (up 31% from FY 2021). Profit margin: 10% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom.
お知らせ • Feb 02Incap Corporation Appoints Margus Jakobson as Member of Management TeamIncap’s Margus Jakobson appointed member of Incap Group’s Management Team. Margus Jakobson (born 1979, Civ. Eng.), interim Managing Director of Incap Estonia, has been appointed member of Incap Group’s Management Team as well as Director of Operations Estonia and Managing Director of Incap Estonia as of 1 February 2023. Margus Jakobson joined Incap Estonia in 2016 and has previously been Member of Incap Estonia’s Management responsible for QHSE, process and strategy development. Before joining Incap Margus Jakobson held several managerial positions at electronics and technology companies such as ETAL Group, Nordic Houses and Pharmadule, among others. As of 1 February 2023, the members of Incap Group’s Management Team are Otto Pukk, President and CEO; Margus Jakobson, Director of Operations Estonia; Murthy Munipalli, Director of Operations India and Sales APAC; Jamie Maughan, Director of Operations UK; Miroslav Michalik, Director of Operations Slovakia and Antti Pynnönen, CFO.
お知らせ • Dec 08+ 3 more updatesIncap Oyj to Report Nine Months, 2023 Results on Oct 25, 2023Incap Oyj announced that they will report nine months, 2023 results on Oct 25, 2023
Buying Opportunity • Dec 07Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be €20.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to €15.18, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 24% over the past year.
Reported Earnings • Jul 29First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €7.76m from profit in 1H 2021). Profit margin: (down from 11% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10%, compared to a 9.6% growth forecast for the industry in the United Kingdom.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 18% share price gain to €13.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 83% over the past year.
Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €12.12, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 25x in the Electronic industry in the United Kingdom. Total returns to shareholders of 68% over the past year.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €59.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 676% over the past three years.
Buying Opportunity • Mar 05Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be €80.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% per annum over the last 3 years. Earnings per share has grown by 32% per annum over the last 3 years.
Reported Earnings • Feb 26Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €3.60 (up from €2.02 in FY 2020). Revenue: €170.0m (up 58% from FY 2020). Net income: €21.1m (up 129% from FY 2020). Profit margin: 12% (up from 8.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 22%, compared to a 6.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Feb 04Now 21% undervaluedOver the last 90 days, the stock is up 2.0%. The fair value is estimated to be €91.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €61.53, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 26x in the Electronic industry in the United Kingdom. Total returns to shareholders of 768% over the past three years.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 21% share price gain to €74.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 32x in the Electronic industry in the United Kingdom. Total returns to shareholders of 1,122% over the past three years.
Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to €57.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 30x in the Electronic industry in the United Kingdom. Total returns to shareholders of 813% over the past three years.
お知らせ • May 12Incap to Close Down Temporarily Its Factories in IndiaTo contain the worsening coronavirus pandemic situation, the government of Karnataka has announced stricter measures. As a result, Incap has closed down temporarily its factories in Tumkur, Karnataka from 10 May until 24 May 2021. The closure of the factories does not have an impact on its outlook for 2021 published on 21 April 2021. Incap estimates that its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2021 will be clearly higher than in 2020.
お知らせ • Mar 05Incap Corporation Promotes Miroslav Michalik to the Position of Managing DirectorIncap Corporation has decided to promote Miroslav Michalik to the position of Managing Director of Incap Slovakia. Miroslav Michalik has been employed by Incap Slovakia (previously AWS Slovakia) since 2018, working as a Plant Director at the company’s factory in Namestovo. Miroslav Michalik studied electronics at secondary school and went on to study production and general management at degree-level. Before joining Incap, he held several roles in companies within the electronics sector, from process engineer to plant manager and managing director. Before holding positions at Incap and AWS Group, Miroslav Michalik held the position of managing director at Giesecke+Devrient Slovakia, providing smart payment, ID, passport, and telecommunication card solutions. Prior to that, Miroslav Michalik was a plant manager at Visteon (formerly Johnson Controls Automotive), providing solutions for automotive electronics and infotainment. He also held several positions, including operational manager and team director, at the multinational electronics manufacturing services company, Celestica.
お知らせ • Feb 20Incap Revises Earnings Guidance for the Year 2020Incap Corporation announced that the company estimates that its revenue for 2020 will be approximately EUR 106.5 million and the operating profit (EBIT) approximately EUR 12.6 million. Previously the company estimated that its revenue for 2020 will be approximately EUR 105 million – EUR 107 million and the operating profit (EBIT) approximately EUR 10.5 million – EUR 11.5 million.
