Ferratum Oyj
Market Cap
€130.8m
Last Updated
2021/03/06 20:01 UTC
Data Sources
Company Financials +
Executive Summary
Ferratum Oyj, together with its subsidiaries, provides mobile banking, and digital consumer and small business loans to retail and business clients. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with reasonable growth potential.
Share Price & News
How has Ferratum Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FRU is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: FRU's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of German stocks.
Market Performance
7 Day Return
-5.6%
FRU
-2.4%
DE Consumer Finance
0.5%
DE Market
1 Year Return
-39.4%
FRU
1.2%
DE Consumer Finance
21.5%
DE Market
Return vs Industry: FRU underperformed the German Consumer Finance industry which returned 1.6% over the past year.
Return vs Market: FRU underperformed the German Market which returned 21.5% over the past year.
Shareholder returns
| FRU | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.6% | -2.4% | 0.5% |
| 30 Day | 2.7% | 1.1% | -1.4% |
| 90 Day | 31.7% | 18.6% | 6.5% |
| 1 Year | -39.4%-39.4% | 2.8%1.2% | 25.2%21.5% |
| 3 Year | -77.7%-78.2% | -20.5%-30.3% | 14.7%4.7% |
| 5 Year | -72.6%-73.5% | -33.1%-50.1% | 45.1%24.5% |
Long-Term Price Volatility Vs. Market
How volatile is Ferratum Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Could The Ferratum Oyj (ETR:FRU) Ownership Structure Tell Us Something Useful?3 months ago | Simply Wall St
Would Shareholders Who Purchased Ferratum Oyj's (ETR:FRU) Stock Three Years Be Happy With The Share price Today?4 months ago | Simply Wall St
What We Learned About Ferratum Oyj's (ETR:FRU) CEO PayValuation
Is Ferratum Oyj undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FRU (€6.06) is trading below our estimate of fair value (€12.33)
Significantly Below Fair Value: FRU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FRU is poor value based on its PE Ratio (16.1x) compared to the XE Consumer Finance industry average (13.8x).
PE vs Market: FRU is good value based on its PE Ratio (16.1x) compared to the German market (25.3x).
Price to Earnings Growth Ratio
PEG Ratio: FRU is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: FRU is good value based on its PB Ratio (0.7x) compared to the XE Consumer Finance industry average (1.2x).
Next Steps
Future Growth
How is Ferratum Oyj forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
95.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FRU's forecast earnings growth (95.3% per year) is above the savings rate (0.07%).
Earnings vs Market: FRU's earnings (95.3% per year) are forecast to grow faster than the German market (22.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FRU's revenue (19.3% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: FRU's revenue (19.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FRU's Return on Equity is forecast to be low in 3 years time (14.1%).
Next Steps
Past Performance
How has Ferratum Oyj performed over the past 5 years?
6.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FRU has high quality earnings.
Growing Profit Margin: FRU's current net profit margins (5.6%) are lower than last year (14.1%).
Past Earnings Growth Analysis
Earnings Trend: FRU's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: FRU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FRU had negative earnings growth (-69.3%) over the past year, making it difficult to compare to the Consumer Finance industry average (-21.7%).
Return on Equity
High ROE: FRU's Return on Equity (5.9%) is considered low.
Next Steps
Financial Health
How is Ferratum Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: FRU's short term assets (€632.4M) exceed its short term liabilities (€387.9M).
Long Term Liabilities: FRU's short term assets (€632.4M) exceed its long term liabilities (€177.2M).
Debt to Equity History and Analysis
Debt Level: FRU's debt to equity ratio (137.2%) is considered high.
Reducing Debt: FRU's debt to equity ratio has increased from 65.7% to 137.2% over the past 5 years.
Debt Coverage: FRU's debt is well covered by operating cash flow (102%).
Interest Coverage: Insufficient data to determine if FRU's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Ferratum Oyj current dividend yield, its reliability and sustainability?
2.66%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FRU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FRU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FRU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FRU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FRU is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FRU's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Jorma Jokela (41 yo)
16.17yrs
Tenure
€216,000
Compensation
Mr. Jorma Jokela serves as the President of the Management Board at Ferratum Capital Poland S.A. Mr. Jokela is a Founder of Ferratum Oyj. Mr. Jokela has been Chief Executive Officer at Ferratum Oyj (Ferrat...
CEO Compensation Analysis
Compensation vs Market: Jorma's total compensation ($USD257.33K) is below average for companies of similar size in the German market ($USD589.23K).
Compensation vs Earnings: Jorma's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16.17yrs | €216.00k | 55.42% € 72.5m | |
| Head of Legal & Compliance and Director | 15.17yrs | €180.00k | 0.79% € 1.0m | |
| Chief Financial Officer | 1.58yrs | no data | 0.037% € 48.5k | |
| Chief Operations Officer | no data | no data | 0.32% € 424.2k | |
| Chief Commercial Officer | no data | no data | 0.68% € 892.6k | |
| Head of Investor Relations - Fixed-Income | 6yrs | no data | no data | |
| Head of Financial Planning & Analysis | 2.5yrs | no data | 0.087% € 113.2k | |
| CCO & Deputy CEO of Ferratum Bank | 2.17yrs | no data | 0.058% € 75.9k | |
| Head of Strategic Partnerships | 2.5yrs | no data | 0.097% € 127.0k | |
| Head of Risk & Fraud Control | no data | no data | no data | |
| Chief Product Officer | no data | no data | no data | |
| Chief Architect | no data | no data | no data |
2.5yrs
Average Tenure
48yo
Average Age
Experienced Management: FRU's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16.17yrs | €216.00k | 55.42% € 72.5m | |
| Head of Legal & Compliance and Director | 15.17yrs | €180.00k | 0.79% € 1.0m | |
| Independent Director | 1.92yrs | €17.00k | no data | |
| Chairman of the Board | 1.92yrs | €33.00k | 0.39% € 511.8k | |
| Director | 0.75yr | no data | 0.48% € 630.2k | |
| Independent Director | 3.83yrs | €23.00k | no data | |
| Independent Director | 1.92yrs | €17.00k | no data | |
| Independent Director | 1.92yrs | €17.00k | no data |
1.9yrs
Average Tenure
52yo
Average Age
Experienced Board: FRU's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ferratum Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ferratum Oyj
- Ticker: FRU
- Exchange: XTRA
- Founded: 2005
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: €130.761m
- Shares outstanding: 21.58m
- Website: https://www.ferratumgroup.com
Number of Employees
Location
- Ferratum Oyj
- Ratamestarinkatu 11 A
- Helsinki
- Uusimaa
- 520
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FRU | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 2015 |
| FRU | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Jan 2015 |
| FRUd | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 2015 |
| 0R4W | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 2015 |
| FRU | ETLX (Eurotlx) | Yes | Ordinary Shares | IT | EUR | Jan 2015 |
Biography
Ferratum Oyj, together with its subsidiaries, provides mobile banking, and digital consumer and small business loans to retail and business clients. Its loan portfolio consists of microloans, PLUS loans, P...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 20:01 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.