Puuilo Oyj

8JQ.F · Consumer Cyclical · Department Stores · Valued as of 2026-11-03 · Statements 2026-01-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

1.06B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

868.77M USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

503.36M USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

810.71M USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

1.72B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.47×

the ratio the screener ranks by

Margin of Safety

-112.2%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 1.06B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)971.04M USD
−②Net Debt Today133.69M USD
+③Growth Value222.63M USD
=Value1.06B USD

EPV of the Operations (NOPAT over WACC)

971.04M USD

Net debt today

-133.69M USD

Growth Value

+222.63M USD

Value

1.06B USD

①EPV (earnings power value)

971.04M USD

②Net Debt Today

133.69M USD

③Growth Value

222.63M USD

Market value

Market Cap1.72B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-62.3%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 868.77M USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE725.58M USD
+②Equity at Year 15, Today143.19M USD
=Value868.77M USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment falling to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

725.58M USD

②Equity at Year 15, Today

143.19M USD

Market value

Market Cap1.72B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-98.0%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 503.36M USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF534.30M USD
+②Invested Capital at Year 15, Today102.76M USD
−③Net Debt Today133.69M USD
=Value503.36M USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROIC on new investment falling to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

534.30M USD

②Invested Capital at Year 15, Today

102.76M USD

③Net Debt Today

133.69M USD

Market value

Market Cap1.72B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-241.8%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 7.10%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.52×Market Risk Premium 6.00%= 7.61%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 16.53M USDPretax Income 83.60M USD= 19.77%

The tax the interest saves.

Interest Expense =EBIT 89.83M USD−Pretax Income 83.60M USD= 6.23M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 6.23M USDTotal Debt 192.98M USD×(1 − Tax Rate for WACC 19.77%)= 2.59%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 192.98M USDMarket Cap + Total Debt 1.72B USD + 192.98M USD= 10.08%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 89.92%×Cost of Equity 7.61%+Debt Weight 10.08%×Cost of Debt 2.59%= 7.10%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-07-31.

Total Assets 398.65M USD − Total Liabilities 312.48M USD = Book Value Today 86.17M USD

Total Debt 192.98M USD − Cash and Short-Term Investments 59.29M USD = Net Debt Today 133.69M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 1-0.1%at most 5%passes84,106,007 / 84,221,953
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets5.7%at least -10.0%passes(89.71M USD − 67.08M USD) ÷ 398.65M USD
Price to bookMarket Cap ÷ Book Value Today19.97×at most 3×does not pass1.72B USD ÷ 86.17M USD
Operating marginOperating Income ÷ Revenue16.9%above 10.0%passes89.47M USD ÷ 529.77M USD
Revenue growthRevenue ÷ Revenue a Year Before − 132.8%above 10.0%passes529.77M USD / 399.03M USD
Net cash(Cash − Total Debt) ÷ Market Cap-7.8%above -30%passes(59.29M USD − 192.98M USD) ÷ 1.72B USD
Operating efficiencyOperating Income ÷ Gross Profit44.2%above 25.0%passes89.47M USD ÷ 202.42M USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

18.26 EUR

Enterprise value

1.65B EUR

the provider's own figure

EV / EBITDA

18.01×

Price / book

20.54×

the provider's book

Price / earnings

23.69×

Return on equity

89.2%

the provider's figure, not this page's

Profit margin

13.6%

Revenue growth

12.9%

Analyst target, mean

—

Analysts

—

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

USD2023202420252026
Income statement

Revenue

321.94M367.31M399.03M529.77M

Gross profit

116.33M134.48M150.50M202.42M

Operating income

50.83M56.88M67.44M89.47M

EBITDA

operating income before depreciation and amortisation

65.17M74.46M87.74M116.30M

Pretax income

47.68M52.53M62.34M83.60M

Net income

38.12M42.01M49.85M67.08M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

38.12M42.01M49.85M67.08M

R&D

————
Balance sheet, year end

Total assets

251.23M269.73M292.25M379.33M

Total liabilities

168.57M177.47M186.30M260.87M

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

82.66M92.26M105.95M118.46M

Total debt

133.92M133.29M138.53M195.72M

Cash and equivalents

31.28M23.34M19.05M39.53M

Net PP&E

fixed assets after depreciation

60.50M82.49M91.69M119.78M

Working capital

current assets less current liabilities

93.52M75.98M88.05M120.74M
Cash flow

Operating cash flow

54.74M62.95M51.10M89.71M

Capital expenditure

paid out, so below zero

-2.82M-5.10M-7.39M-6.95M

Depreciation and amortisation

14.66M16.50M19.77M26.47M

Free cash flow

operating cash flow plus capital expenditure

51.92M57.85M43.71M82.77M