company background image
AKTI

Aktia Pankki OyjHLSE:AKTIA Stock Report

Market Cap

€838.5m

7D

2.1%

1Y

33.9%

Updated

24 Sep, 2021

Data

Company Financials +
AKTIA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance3/6
Financial Health4/6
Dividends3/6

AKTIA Overview

Aktia Pankki Oyj provides banking and financing solutions to individuals, corporates, and institutions in Finland.

Price History & Performance

Summary of all time highs, changes and price drops for Aktia Pankki Oyj
Historical stock prices
Current Share Price€11.90
52 Week High€8.86
52 Week Low€13.40
Beta0.89
1 Month Change0.17%
3 Month Change11.42%
1 Year Change33.86%
3 Year Change29.91%
5 Year Change31.64%
Change since IPO77.61%

Recent News & Updates

May 08
Broker Revenue Forecasts For Aktia Pankki Oyj (HEL:AKTIA) Are Surging Higher

Broker Revenue Forecasts For Aktia Pankki Oyj (HEL:AKTIA) Are Surging Higher

Aktia Pankki Oyj ( HEL:AKTIA ) shareholders will have a reason to smile today, with the analysts making substantial...

Shareholder Returns

AKTIAFI BanksFI Market
7D2.1%0.4%1.4%
1Y33.9%57.0%26.3%

Return vs Industry: AKTIA underperformed the Finnish Banks industry which returned 57% over the past year.

Return vs Market: AKTIA exceeded the Finnish Market which returned 26.3% over the past year.

Price Volatility

Is AKTIA's price volatile compared to industry and market?
AKTIA volatility
AKTIA Beta0.89
Industry Beta1.36
Market Beta1

Stable Share Price: AKTIA is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AKTIA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1825926Mikko Ayubhttps://www.aktia.fi

Aktia Pankki Oyj provides banking and financing solutions to individuals, corporates, and institutions in Finland. It operates through three segments: Banking Business, Asset Management, and Group Functions. The company offers banking, savings, financing, financial advisory, and investment advice services.

Aktia Pankki Oyj Fundamentals Summary

How do Aktia Pankki Oyj's earnings and revenue compare to its market cap?
AKTIA fundamental statistics
Market Cap€838.52m
Earnings (TTM)€58.62m
Revenue (TTM)€189.31m

14.3x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AKTIA income statement (TTM)
Revenue€189.31m
Cost of Revenue€0
Gross Profit€189.31m
Expenses€130.69m
Earnings€58.62m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)0.83
Gross Margin100.00%
Net Profit Margin30.96%
Debt/Equity Ratio446.0%

How did AKTIA perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

51%

Payout Ratio

Valuation

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

14.3x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AKTIA (€11.9) is trading above our estimate of fair value (€11.77)

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


Price To Earnings Ratio

PE vs Industry: AKTIA is poor value based on its PE Ratio (14.3x) compared to the European Banks industry average (11.3x).

PE vs Market: AKTIA is good value based on its PE Ratio (14.3x) compared to the Finnish market (23.8x).


Price to Earnings Growth Ratio

PEG Ratio: AKTIA is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: AKTIA is overvalued based on its PB Ratio (1.2x) compared to the XE Banks industry average (0.7x).


Future Growth

How is Aktia Pankki Oyj forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

12.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AKTIA's forecast earnings growth (12.1% per year) is above the savings rate (0.2%).

Earnings vs Market: AKTIA's earnings (12.1% per year) are forecast to grow faster than the Finnish market (7.2% per year).

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

Revenue vs Market: AKTIA's revenue (7% per year) is forecast to grow faster than the Finnish market (3.7% per year).

High Growth Revenue: AKTIA's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AKTIA's Return on Equity is forecast to be low in 3 years time (11.1%).


Past Performance

How has Aktia Pankki Oyj performed over the past 5 years?

2.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AKTIA has a large one-off gain of €34.8M impacting its June 30 2021 financial results.

Growing Profit Margin: AKTIA's current net profit margins (31%) are lower than last year (34.9%).


Past Earnings Growth Analysis

Earnings Trend: AKTIA's earnings have grown by 2% per year over the past 5 years.

Accelerating Growth: AKTIA's earnings growth over the past year (39.2%) exceeds its 5-year average (2% per year).

Earnings vs Industry: AKTIA earnings growth over the past year (39.2%) exceeded the Banks industry 21.9%.


Return on Equity

High ROE: AKTIA's Return on Equity (8.1%) is considered low.


Financial Health

How is Aktia Pankki Oyj's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: AKTIA's Assets to Equity ratio (15.5x) is moderate.

Allowance for Bad Loans: AKTIA has a low allowance for bad loans (89%).

Low Risk Liabilities: 51% of AKTIA's liabilities are made up of primarily low risk sources of funding.

Loan Level: AKTIA has an appropriate level of Loans to Assets ratio (65%).

Low Risk Deposits: AKTIA's Loans to Deposits ratio (137%) is high.

Level of Bad Loans: AKTIA has an appropriate level of bad loans (0.5%).


Dividend

What is Aktia Pankki Oyj current dividend yield, its reliability and sustainability?

3.61%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AKTIA's dividend (3.61%) is higher than the bottom 25% of dividend payers in the Finnish market (1.67%).

High Dividend: AKTIA's dividend (3.61%) is low compared to the top 25% of dividend payers in the Finnish market (3.65%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, AKTIA has been paying a dividend for less than 10 years.

Growing Dividend: AKTIA's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (51.3%), AKTIA's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AKTIA's dividends in 3 years are forecast to be covered by earnings (63.7% payout ratio).


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Mikko Ayub (52 yo)

2.92yrs

Tenure

€628,000

Compensation

Mr. Mikko Ayub, M.Sc., MBA, serves as Chief Executive Officer at Aktia Pankki Oyj since October 1, 2018 and serves as its Managing Director. Mr. Ayub serves as President of Aktia Pankki Oyj since 2019. Mr....


CEO Compensation Analysis

Compensation vs Market: Mikko's total compensation ($USD735.36K) is about average for companies of similar size in the Finnish market ($USD908.04K).

Compensation vs Earnings: Mikko's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: AKTIA's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: AKTIA's board of directors are not considered experienced ( 2.9 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

Aktia Pankki Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: Aktia Pankki Oyj
  • Ticker: AKTIA
  • Exchange: HLSE
  • Founded: 1825
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: €838.525m
  • Shares outstanding: 70.46m
  • Website: https://www.aktia.fi

Number of Employees


Location

  • Aktia Pankki Oyj
  • Arkadiankatu 4-6
  • PO Box 207
  • Helsinki
  • Uusimaa
  • 100
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 23:00
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.