Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Aspo Oyj is a Finnish holding company listed on Nasdaq Helsinki, focused on owning and developing businesses sustainably in the long term. Its primary function is to enable future-proof, sustainable choices for customers across various industries through its three key subsidiaries: ESL Shipping, the leading dry bulk cargo company in the Baltic Sea region serving steel and forest industries; Telko, a leading distributor and solution provider for plastics, industrial chemicals, and lubricants; and Leipurin, a raw material and expert services provider for bakeries, food industry, and food service markets. Headquartered in Espoo, Finland, with roots dating back to 1929, Aspo operates in 19 countries across Europe and parts of Asia, employing hundreds of professionals. The company emphasizes sustainability, supporting the green transition with SBTi-verified emission reduction goals, and is evaluating strategic alternatives like a partial demerger to form two separate entities: Aspo Compounder (Telko-focused) and Aspo Infra (ESL Shipping-focused), enhancing value for its over 11,000 shareholders in dynamic B2B environments.
€5.89
€0.05 (-0.84%)
Live · 06:39 PM
Operating margin is thin at 4.05%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 2.1%, essentially flat. This is a business that needs a catalyst.
Net debt of €201M represents 13.8x FCF, leverage limits flexibility.
5.2x earnings, 13.9x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€467M
▲ +2.1% YoY
Net Income (TTM)
€40M
▲ +283.9% YoY
Op. Margin
4.10%
▼ -0.2pp YoY
ROIC
4.20%
▲ +0.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€13M
▲ +184.1% YoY
Op. Cash Flow (TTM)
€60M
▲ +348.2% YoY
Net Debt
€201M
Cash & Equiv.
€50M
3Y CAGR: -5.8%
3Y CAGR: -33.7%
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At a P/E of 5.2 and a price-to-free-cash-flow of 13.9, Aspo Oyj (ASPO.XHEL) trades above a two-stage DCF intrinsic value of about €0.92 per share, so at €5.89 the stock looks overvalued (84.5% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Aspo Oyj scores 32/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.2%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €0.92 per share for ASPO.XHEL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €0.69. At today's €5.89, that puts the stock about 84.5% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Aspo Oyj scores 32 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 4.1% operating margin and a 4.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Aspo Oyj pays a regular dividend of about €0.19 per share per year (typically in quarterly installments), a yield of roughly 3.2% at the current price. That is a payout ratio of about 14.9% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For ASPO.XHEL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. ASPO.XHEL currently trades above its estimated intrinsic value and scores 32/100 on quality (lower-quality). It also yields about 3.2%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.