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⚠️ Not investment advice. Past performance does not guarantee future results.
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Orion ORNBV.HE

Finland Healthcare
7.6/10
AI Analyst score
84.15 EUR
Last price at analysis date · analyst target 76.67 (-8.9%)
🛒 Where to buy ORNBV.HEPartner brokers · Finland · sample 200.00 € orderFinland
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🟡 HOLD — Hold: strong growth and quality justify the premium, but the margin of safety is limited at these prices.

Orion is a Finnish pharmaceutical company that develops, manufactures, and markets innovative and generic medicines. Orion combines exceptional growth (revenue +25.2%, earnings +69.5%) with impeccable financial health (net cash, ROE 53.65%), although its valuation is no longer cheap (P/E 20.13) and free cash flow is weak (33.84% conversion).

Financial health
8.7
Quality / Moat
8.4
Valuation
4.5
Growth
9.1
Dividend
6.6
Momentum
6.4
Risk & Context
9.1

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E20.13
Fwd P/E17.73
EV/EBITDA14.72
P/B9.34
P/S5.74
PEG5.73
Market cap11.81 B EUR
Enterprise value11.69 B EUR
🏰 Quality and moat
ROIC (approx.)49.8%
Gross margin65.93%
FCF conversion34%
Operating margin33.84%
📈 Profitability and margins
ROE53.65%
ROA26.31%
Net margin28.53%
FCF268.7 M EUR
FCF yield2.27%
🏦 Solvency and liquidity
Total debt132.7 M EUR
Net debt2.5 M EUR
Cash130.2 M EUR
EBITDA794.0 M EUR
Net debt / EBITDA0.00
D/E10.46
Current ratio2.64
Quick ratio1.48
🚀 Growth
Revenue growth25.20%
Earnings growth69.50%
EPS (TTM)4.18 EUR
EPS (Fwd)4.75 EUR
💰 Dividend and risk
Dividend yield2.14%
Payout41.1%
Beta0.30
Analyst consensusnone (6)
Target price76.67 EUR
52-week range56.50 EUR – 84.60 EUR
⚠️ Main risk: Weak free cash flow conversion (33.84%) may indicate that accounting growth is not translating into cash, a risk to dividend sustainability in the long term.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Orion is a Finnish pharmaceutical company that develops, manufactures, and markets innovative and generic medicines. Orion combines exceptional growth (revenue +25.2%, earnings +69.5%) with impeccable financial health (net cash, ROE 53.65%), although its valuation is no longer cheap (P/E 20.13) and free cash flow is weak (33.84% conversion).

Score by category

CategoryScore
Financial health8.7
Quality / Moat8.4
Valuation4.5
Growth9.1
Dividend6.6
Momentum6.4
Risk & Context9.1

OVERALL SCORE: 7.6/10

Context and risks

No material geopolitical or regulatory exposure specific to Orion beyond the standard risk of the Finnish pharmaceutical sector.

News considered in the analysis

  • Orion Oyj Hippo Pathway Data Adds New Dimension To Oncology Story — Los datos del ensayo Hippo refuerzan la cartera de oncología, un motor de crecimiento clave para Orion.
  • Orion Oyj (HLSE:ORNBV) Has Investors Asking Questions — Titular genérico de análisis sin información nueva concreta.
  • Orion Oyj (ORINF) Q1 2026 Earnings Call Highlights: Robust Growth and Strategic Outlook — Los resultados del primer trimestre ya son públicos y están reflejados en el precio; el crecimiento de ingresos del 25.2% ya se conoce.
  • Is Orion Oyj (HLSE:ORNBV) Still Attractive After Strong Multi‑Year Share Price Gains? — Artículo de análisis genérico sin información nueva.
  • Assessing Orion Oyj’s Valuation After Recent Share Price Strength And Long Term Returns — Análisis de valoración sin información nueva concreta.

Verdict: Hold: strong growth and quality justify the premium, but the margin of safety is limited at these prices.

Main risk: Weak free cash flow conversion (33.84%) may indicate that accounting growth is not translating into cash, a risk to dividend sustainability in the long term.

Other Healthcare companies

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.