Estimating The Intrinsic Value Of Scanfil Oyj (HEL:SCANFL)
Jan 14
Finnish (OMX) Electronic Equipment and Components Industry Analysis
UpdatedJan 30, 2023
DataAggregated Company Financials
Companies7
- 7D0.2%
- 3M12.5%
- 1Y-6.4%
- YTD6.0%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably Detection Technology Oyj gained 5.5%. Unfortunately though, the industry is down 6.4% over the past 12 months. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Finnish Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Jan 2023 | €3.0b | €1.9b | €121.7m | 22.2x | 24.5x | 1.6x |
| Wed, 28 Dec 2022 | €2.8b | €1.8b | €121.2m | 17.3x | 23.3x | 1.5x |
| Fri, 25 Nov 2022 | €2.7b | €1.8b | €121.2m | 17.2x | 22.5x | 1.5x |
| Sun, 23 Oct 2022 | €2.6b | €1.8b | €114.1m | 18.1x | 22.7x | 1.5x |
| Tue, 20 Sep 2022 | €2.6b | €1.8b | €114.1m | 17.7x | 22.6x | 1.5x |
| Thu, 18 Aug 2022 | €2.9b | €1.8b | €114.1m | 20.2x | 25x | 1.6x |
| Sat, 16 Jul 2022 | €2.8b | €1.6b | €114.9m | 19.1x | 24.2x | 1.7x |
| Mon, 13 Jun 2022 | €2.8b | €1.6b | €114.9m | 20.6x | 24x | 1.7x |
| Wed, 11 May 2022 | €2.6b | €1.6b | €114.9m | 20.1x | 22.7x | 1.6x |
| Fri, 08 Apr 2022 | €3.0b | €1.6b | €106.4m | 23.8x | 28.1x | 1.9x |
| Sun, 06 Mar 2022 | €2.7b | €1.5b | €105.2m | 27.8x | 25.5x | 1.7x |
| Tue, 01 Feb 2022 | €3.2b | €1.4b | €92.1m | 36.2x | 35x | 2.2x |
| Thu, 30 Dec 2021 | €3.5b | €1.4b | €92.1m | 34.7x | 38.1x | 2.4x |
| Sat, 27 Nov 2021 | €3.3b | €1.4b | €92.1m | 33.8x | 36.4x | 2.3x |
| Mon, 25 Oct 2021 | €3.2b | €1.4b | €102.8m | 40.8x | 30.9x | 2.3x |
| Wed, 22 Sep 2021 | €2.9b | €1.4b | €102.8m | 38.1x | 28.5x | 2.1x |
| Fri, 20 Aug 2021 | €2.9b | €1.4b | €102.8m | 39.7x | 28.4x | 2.1x |
| Fri, 04 Jun 2021 | €2.5b | €1.3b | €94.8m | 27.1x | 26.8x | 1.9x |
| Mon, 08 Mar 2021 | €2.3b | €1.3b | €87.9m | 35x | 25.7x | 1.8x |
| Thu, 10 Dec 2020 | €2.3b | €1.3b | €99.8m | 29.8x | 22.7x | 1.8x |
| Wed, 02 Sep 2020 | €2.0b | €1.3b | €88.6m | 23x | 23.1x | 1.6x |
| Sat, 06 Jun 2020 | €2.0b | €1.3b | €88.2m | 18.7x | 22.8x | 1.6x |
| Tue, 10 Mar 2020 | €1.8b | €1.2b | €86.6m | 14x | 21.2x | 1.5x |
Price to Earnings Ratio
24.2x
Current Industry PE
- Investors are relatively neutral on the Finnish Electronic industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 25.4x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Finnish Tech industry?
| FI Market | 0.65% | |
| Tech | 3.43% | |
| Electronic Equipment and Components | 0.19% | |
| Electronic Equipment and Instruments | 0.70% | |
| Electronic Manufacturing Services | -0.35% | |
| Electronic Components | -2.05% | |
| Technology Distributors | -2.30% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry, which is trading close to its 3-year average PE ratio of 36.5x.
- Analysts are expecting annual earnings growth of 16.6%, which is higher than its past year's earnings growth of 10.1% per year.
- Investors are most pessimistic about the Electronic Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.8x.
Forecasted Growth
- Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 21% over the next 5 years.
- However this is lower than its past earnings growth rate of 170% per year.
- In contrast, the Electronic Components industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VAIAS Vaisala Oyj | €40.90 | 1.9% +€27.2m | -13.7% | PE33.8x | |
| DETEC Detection Technology Oyj | €20.30 | 1.5% +€4.4m | -24.3% | PE38.5x | |
| SCANFL Scanfil Oyj | €7.20 | 0.6% +€2.6m | -7.5% | PE14.1x |
