AS Harju Elekter develops, produces, and sells electric and automation solutions in Estonia, Finland, Sweden, Lithuania, and internationally. More Details
Excellent balance sheet with proven track record.
Share Price & News
How has AS Harju Elekter's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HAE1T is not significantly more volatile than the rest of EE stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HAE1T's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HAE1T exceeded the EE Electrical industry which returned 37.9% over the past year.
Return vs Market: HAE1T exceeded the EE Market which returned 36.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is AS Harju Elekter's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHere's Why I Think AS Harju Elekter (TAL:HAE1T) Might Deserve Your Attention Today
2 months ago | Simply Wall StIs It Worth Considering AS Harju Elekter (TAL:HAE1T) For Its Upcoming Dividend?
Is AS Harju Elekter undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HAE1T (€8.4) is trading above our estimate of fair value (€1.77)
Significantly Below Fair Value: HAE1T is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HAE1T is good value based on its PE Ratio (29x) compared to the European Electrical industry average (31x).
PE vs Market: HAE1T is poor value based on its PE Ratio (29x) compared to the EE market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HAE1T's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HAE1T is good value based on its PB Ratio (2x) compared to the XE Electrical industry average (3.2x).
How is AS Harju Elekter forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AS Harju Elekter has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has AS Harju Elekter performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HAE1T has high quality earnings.
Growing Profit Margin: HAE1T's current net profit margins (3.6%) are higher than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: HAE1T's earnings have declined by 26.9% per year over the past 5 years.
Accelerating Growth: HAE1T's earnings growth over the past year (71.2%) exceeds its 5-year average (-26.9% per year).
Earnings vs Industry: HAE1T earnings growth over the past year (71.2%) exceeded the Electrical industry 32.6%.
Return on Equity
High ROE: HAE1T's Return on Equity (6.9%) is considered low.
How is AS Harju Elekter's financial position?
Financial Position Analysis
Short Term Liabilities: HAE1T's short term assets (€51.8M) exceed its short term liabilities (€37.3M).
Long Term Liabilities: HAE1T's short term assets (€51.8M) exceed its long term liabilities (€8.0M).
Debt to Equity History and Analysis
Debt Level: HAE1T's debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: HAE1T's debt to equity ratio has increased from 0% to 22.4% over the past 5 years.
Debt Coverage: HAE1T's debt is well covered by operating cash flow (37.3%).
Interest Coverage: HAE1T earns more interest than it pays, so coverage of interest payments is not a concern.
What is AS Harju Elekter current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HAE1T's dividend (1.9%) isn’t notable compared to the bottom 25% of dividend payers in the EE market (2.07%).
High Dividend: HAE1T's dividend (1.9%) is low compared to the top 25% of dividend payers in the EE market (5.44%).
Stability and Growth of Payments
Stable Dividend: HAE1T's dividend payments have been volatile in the past 10 years.
Growing Dividend: HAE1T's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.2%), HAE1T's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tiit Atso (43 yo)
Mr. Tiit Atso has been the Chairman of Management Board and Chief Executive Officer of AS Harju Elekter since May 4, 2020 and has been its Chief Financial Officer since 2014 and its Member of Management Bo...
Experienced Management: HAE1T's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: HAE1T's board of directors are seasoned and experienced ( 12 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AS Harju Elekter's company bio, employee growth, exchange listings and data sources
- Name: AS Harju Elekter
- Ticker: HAE1T
- Exchange: TLSE
- Founded: 1968
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: €152.563m
- Shares outstanding: 17.74m
- Website: https://www.harjuelekter.com
Number of Employees
- AS Harju Elekter
- Paldiski mnt 31
AS Harju Elekter develops, produces, and sells electric and automation solutions in Estonia, Finland, Sweden, Lithuania, and internationally. It operates through three segments: Production, Real estate, Ot...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/28 18:39|
|End of Day Share Price||2021/07/28 00:00|
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.