AS Tallinna Sadam

AS Tallinna Sadam

TSMTF
AS Tallinna SadamUS flagOther OTC
1.51
USD
- -
- -
396.95MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.6
0.51
0.56
0.65
0.57
0.5
0.41
0.42
0.46
0.44
- -
- -
- -
Basic EPS, GAAP
- -
0.21
0.17
0.21
0.14
0.11
0.17
0.11
0.1
0.1
0.06
- -
- -
- -
Free Cash Flow per Basic Share
- -
-0.2
-0.35
-0.22
-0.14
-0.05
-0.1
-0.14
-0.06
-0.06
-0.07
- -
- -
- -
Dividend per Share
- -
0.23
0.17
0.19
0.26
0.46
0.13
0.11
0.08
0.1
0.07
- -
- -
- -
Book Value per Share
- -
1.76
1.75
1.78
1.66
1.33
1.19
1.18
1.2
1.2
1.18
- -
- -
- -
Tangible Book Value per Share
- -
1.85
1.85
1.87
1.75
1.6
1.43
1.42
1.44
1.44
1.43
- -
- -
- -
Basic Weighted Avg Shares
- -
185
185
185
185
229
263
263
263
263
263
- -
- -
- -
Sales/Revenue/Turnover
- -
111
94
103
121
131
131
107
110
122
117
120
119
119
Operating Margin (%)
- -
49.05
38.75
41.73
31.35
40.94
40.58
33.45
26.65
25.48
21.31
25.13
27.27
23.24
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
39
31
39
26
24
44
29
26
26
16
19
22
20
Effective Tax Rate (%)
- -
22.58
21.33
18.14
31.15
51.75
11.49
14.7
11.34
14.08
15.82
14.03
19.42
21.12
Profit Margin (%)
- -
35.06
32.91
38.27
21.79
18.7
34.02
26.56
23.27
21.03
13.62
16.02
18.93
17.07
Working Capital
2
-14
-7
-71
-16
17
15
7
19
15
8
12
-66
-39
LT Debt
116
122
171
128
214
198
192
194
187
171
158
173
101
100
Total Equity
346
343
343
347
326
368
377
375
381
381
378
378
381
385
Return on Invested Capital (%)
- -
8.73
5.51
6.13
4.5
4.49
8
5.23
4.44
4.61
3.73
4.65
4.68
3.86
Return on Capital (%)
- -
9.31
6.42
7.35
5
4.77
8.83
5.73
5.15
5.34
4.48
5.36
5.53
4.93
Return on Common Equity (%)
- -
11.88
9.49
12.06
8.29
7.97
14.34
9.12
8.18
8.13
5.08
6.18
7.22
6.38

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
25
73
73
LT Borrowings
157
101
100
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
263
263
263
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
54
41
56
Cash, Cash Equivalents & STI
44
32
43
Accounts Receivable, Net
6
- -
6
Inventories
1
1
1
Total Current Liabilities
64
107
95
Payables & Accruals
- -
- -
- -
ST Debt
25
73
73
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.16%
0.29%
0.86%
Free Cash Flow
7.6%
10.88%
-21.27%
Net Income, GAAP
2.3%
-2.07%
17.28%
Sales/Revenue/Turnover
2.81%
2.14%
-0.75%
Total Cash Common Dividend
5.62%
-6.2%
1.05%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28
32
31
29
120
2025
28
30
32
29
119
2026
28
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Valdo Kalm
Full Time Employees
433
Sector
Industrials
Industry
Marine Shipping
Address
Sadama 25 Tallinn Estonia 15051
IPO Date
Jun 27, 2022
Website
ts.ee
Business
AS Tallinna Sadam operates as Estonia's largest port authority, managing port infrastructure development, vessel traffic organization and passenger and cargo handling across five key harbors in Tallinn including Old City Harbour, Muuga, Bekker and Paldiski alongside Saaremaa Harbour; it provides vessel dues, passenger fees, cargo charges, quay operations, land leasing for industrial and logistics parks, real estate development, electricity sales, waste management via associate AS Green Marine and ancillary services such as office and commercial premises leasing. Through subsidiaries, the company delivers ferry services between Estonia's mainland and its largest islands via OÜ TS Laevad including routes with vessels like Regula; icebreaking and offshore support via OÜ TS Shipping's multifunctional vessel Botnica in Estonian waters, Canada and project-based work abroad including Great Britain; and additional tenant commercial services on ferries. Organized into passenger harbors, cargo harbors encompassing bulk, grain and container operations, ferry and other segments, AS Tallinna Sadam serves international trade, transit cargo operators, ferry lines, cruise ships and passengers primarily in the Baltic Sea region with operations extending to Canada and Great Britain. Founded in 1996 as a reorganization of the state-owned entity established in 1992 and headquartered at Sadama 25 in Tallinn, Estonia, the company went public via IPO on Nasdaq Tallinn in 2018 with the Estonian state holding majority ownership. Recent developments include a 2024 agreement with JetGas OÜ for a new liquefied methane terminal in Muuga Harbour; approval of joint FIN-EST Green Corridor projects; extension of cruise season into winter; subsidiary OÜ TS Laevad securing additional 485 ferry trips with Regula for summer 2025; ongoing construction of a new quay at Paldiski South for wind farms and infrastructure upgrades at Muuga Harbour and Old City Harbour with 2024 investments totaling €38.8 million; sustained growth in 2025 Q3 operational volumes featuring 3.4 million tonnes of cargo including bulk and grain increases plus 2.8 million passengers driven by Helsinki routes and cruises; and Botnica commencing project work in Canadian waters.