DB:VAYA

Stock Analysis Report

Executive Summary

Vaisala Oyj engages in the weather and environmental, and industrial measurement business serving weather related and industrial markets.


Snowflake Analysis

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Vaisala Oyj's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VAYA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.8%

VAYA

1.6%

DE Electronic

-0.6%

DE Market


1 Year Return

40.4%

VAYA

-28.3%

DE Electronic

-20.9%

DE Market

Return vs Industry: VAYA exceeded the German Electronic industry which returned -28.3% over the past year.

Return vs Market: VAYA exceeded the German Market which returned -20.9% over the past year.


Shareholder returns

VAYAIndustryMarket
7 Day-2.8%1.6%-0.6%
30 Day-15.7%-19.3%-20.0%
90 Day-17.7%-23.2%-26.3%
1 Year40.4%40.4%-26.8%-28.3%-18.6%-20.9%
3 Yearn/a-4.0%-7.1%-19.0%-25.8%
5 Yearn/a53.5%42.4%-21.1%-31.8%

Price Volatility Vs. Market

How volatile is Vaisala Oyj's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Vaisala Oyj undervalued compared to its fair value and its price relative to the market?

28.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VAYA (€26.25) is trading above our estimate of fair value (€17.77)

Significantly Below Fair Value: VAYA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VAYA is poor value based on its PE Ratio (28.7x) compared to the Electronic industry average (18.7x).

PE vs Market: VAYA is poor value based on its PE Ratio (28.7x) compared to the German market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: VAYA is poor value based on its PEG Ratio (6.1x)


Price to Book Ratio

PB vs Industry: VAYA is overvalued based on its PB Ratio (4.9x) compared to the DE Electronic industry average (1.2x).


Next Steps

Future Growth

How is Vaisala Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

4.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VAYA's forecast earnings growth (4.7% per year) is above the savings rate (-0.4%).

Earnings vs Market: VAYA's earnings (4.7% per year) are forecast to grow slower than the German market (14.1% per year).

High Growth Earnings: VAYA's earnings are forecast to grow, but not significantly.

Revenue vs Market: VAYA's revenue (4.1% per year) is forecast to grow faster than the German market (3.9% per year).

High Growth Revenue: VAYA's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VAYA's Return on Equity is forecast to be low in 3 years time (17.5%).


Next Steps

Past Performance

How has Vaisala Oyj performed over the past 5 years?

5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VAYA has high quality earnings.

Growing Profit Margin: VAYA's current net profit margins (8.3%) are lower than last year (8.5%).


Past Earnings Growth Analysis

Earnings Trend: VAYA's earnings have grown by 5.6% per year over the past 5 years.

Accelerating Growth: VAYA's earnings growth over the past year (13.6%) exceeds its 5-year average (5.6% per year).

Earnings vs Industry: VAYA earnings growth over the past year (13.6%) exceeded the Electronic industry -7.4%.


Return on Equity

High ROE: VAYA's Return on Equity (16.9%) is considered low.


Next Steps

Financial Health

How is Vaisala Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: VAYA's short term assets (€201.1M) exceed its short term liabilities (€139.9M).

Long Term Liabilities: VAYA's short term assets (€201.1M) exceed its long term liabilities (€23.3M).


Debt to Equity History and Analysis

Debt Level: VAYA's debt to equity ratio (20.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if VAYA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: VAYA's debt is well covered by operating cash flow (101.5%).

Interest Coverage: VAYA's interest payments on its debt are well covered by EBIT (148.3x coverage).


Balance Sheet

Inventory Level: VAYA has a high level of physical assets or inventory.

Debt Coverage by Assets: VAYA's debt is covered by short term assets (assets are 5x debt).


Next Steps

Dividend

What is Vaisala Oyj's current dividend yield, its reliability and sustainability?

2.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VAYA's dividend (2.28%) is higher than the bottom 25% of dividend payers in the German market (1.71%).

High Dividend: VAYA's dividend (2.28%) is low compared to the top 25% of dividend payers in the German market (4.85%).


Stability and Growth of Payments

Stable Dividend: VAYA's dividends per share have been stable in the past 10 years.

Growing Dividend: VAYA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.3%), VAYA's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: VAYA's dividends in 3 years are forecast to be covered by earnings (55.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Kjell Forsén (61yo)

13.5s

Tenure

€1,547,000

Compensation

Mr. Kjell Forsén,Lic.Sc. (Technology) has been Chairman of Business Management Group and Chief Executive Officer at Vaisala Oyj since October 01, 2006. and also serves as its President. Mr. Forsén served a ...


CEO Compensation Analysis

Compensation vs Market: Kjell's total compensation ($USD1.67M) is about average for companies of similar size in the German market ($USD1.36M).

Compensation vs Earnings: Kjell's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kjell Forsén
CEO & President13.5yrs€1.55m0.14% 1.3m
Kaarina Muurinen
Chief Financial Officer8.58yrsno data0.081% 779.7k
Vesa Pylvänäinen
Executive Vice President of Operations8.92yrsno data0.042% 407.7k
Paula Liimatta
Business Controller & Head of Investor Relationsno datano datano data
Katriina Vainio
Executive VP3.25yrsno data0.022% 211.4k
Nina Eklund
Director of Corporate Communications & Brandno datano datano data
Mari Heusala
Executive Vice President of Human Resources1.25yrsno datano data
Sampsa Lahtinen
Executive Vice President of Industrial Measurements6.5yrsno data0.042% 407.5k
Jarkko Sairanen
Executive Vice President of Weather & Environment3.92yrsno data0.041% 396.0k

6.5yrs

Average Tenure

56yo

Average Age

Experienced Management: VAYA's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Raimo Voipio
Independent Chairman of the Board26.25yrsno data2.69% 26.0m
Tuomas Syrjänen
Independent Director1.08yrsno data0.0057% 55.5k
Jukka Rinnevaara
Independent Director1.08yrsno data0.0020% 19.3k
Kaarina Ståhlberg
Independent Director4yrsno data0.014% 139.4k
Ville Voipio
Independent Vice Chairman of the Board1.08yrsno data1.37% 13.2m
Petra Lundström
Independent Director6.08yrsno data0.016% 155.4k
Petri Castrén
Independent Director3.08yrsno data0.0067% 64.4k
Pertti Torstila
Independent Director6.08yrsno data0.016% 155.4k

3.5yrs

Average Tenure

55yo

Average Age

Experienced Board: VAYA's board of directors are considered experienced (3.5 years average tenure).


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

Vaisala Oyj's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vaisala Oyj
  • Ticker: VAYA
  • Exchange: DB
  • Founded: 1936
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: €964.792m
  • Shares outstanding: 36.00m
  • Website: https://www.vaisala.com

Number of Employees


Location

  • Vaisala Oyj
  • Vanha NurmijAerventie 21
  • Vantaa
  • Uusimaa
  • 1670
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VAIASHLSE (OMX Nordic Exchange Helsinki)YesSeries A SharesFIEURMar 1992
VAIA.FOTCPK (Pink Sheets LLC)YesSeries A SharesUSUSDMar 1992
0GEGLSE (London Stock Exchange)YesSeries A SharesGBEURMar 1992
VAIASHBATS-CHIXE (BATS 'Chi-X Europe')YesSeries A SharesGBEURMar 1992
VAYADB (Deutsche Boerse AG)YesSeries A SharesDEEURMar 1992

Biography

Vaisala Oyj engages in the weather and environmental, and industrial measurement business serving weather related and industrial markets. The company’s products include industrial measurement systems, such as indoor measurement and process control instruments, continuous monitoring systems, instruments for power transformers, and technology for liquid concentration measurement; and weather and environmental solutions comprising sensors and instruments, systems and solutions, and digital and data as a service products. It also offers technical support, calibration and repair, system maintenance, consulting, training, project, modernization, and continuous monitoring system services, as well as online stores. The company serves weather-dependent markets, such as meteorology, ground transportation, aviation, railway, maritime, safety and security, renewable energy, and ambient air quality; and various industrial customers includes life science and power industry. It has operations Europe, the Middle East, Africa, North and South Americas, and the Asia Pacific. The company was founded in 1936 and is headquartered in Vantaa, Finland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 03:13
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.