Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Headquartered in Lempäälä, Finland, and established in 1985, Robit Oyj specializes in the production and distribution of drilling consumables. The company caters to a wide array of sectors within Finland, including mining, quarrying, construction, and well drilling, providing a comprehensive portfolio of top hammer, down-the-hole (DTH), and geotechnical drilling solutions. Its extensive product range features essential items such as button bits, overburden drilling bits, and various reaming tools like reamers and adapters. Robit also supplies diverse types of rods (e.g., standard, fully carburized, drifter), shanks, coupling sleeves, and other specialized accessories like roxes. Furthermore, their offerings include high-performance equipment such as hyper hammers, shock absorbers (along with their spare parts), DTH bits, and DTH drill pipes. The company's catalog further extends to subs (including adapters and check valves), distinct single-use and solitary ring systems for DTH hammers, the innovative Prime system for DTH applications, as well as rotary drill bits and drag bits.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EB
Target Price
The average target price of ROBIT.HE is 1.6 and suggests 17% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc