` 9HP (Spinnova Oyj) vs DAX Index Comparison - Alpha Spread

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9HP
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DAX Index

Over the past 12 months, 9HP has underperformed DAX Index, delivering a return of -45% compared to the DAX Index's +12% growth.

Stocks Performance
9HP vs DAX Index

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Performance Gap
9HP vs DAX Index

Performance Gap Between 9HP and GDAXI
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Performance By Year
9HP vs DAX Index

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Competitors Performance
Spinnova Oyj vs Peers

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Spinnova Oyj
Glance View

Spinnova Oyj engages in the production and distribution of textile fibres and wood fabrics. The company is headquartered in Jyvaskyla, Lansi-Suomen and currently employs 81 full-time employees. The company went IPO on 2021-06-24. Spinnova Oyj has developed a new technology for making textile fiber out of wood and waste such as leather, textile or food waste, without harmful chemicals. SPINNOVA fiber does not produce any waste or side streams and is produced with minimal water usage and with minimal CO2 emissions. The fiber is recyclable, quickly biodegradable, does not contain microplastics and can be produced without solvents or other harmful chemicals or additives. The target customers for Spinnova fiber consist of large multinational textile brands, especially clothing brands that use a lot of cotton and/or have the intention of reducing their environmental impact. The firm has a production plant in Jyvaskyla.

9HP Intrinsic Value
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