HLSE:OMASP

Stock Analysis Report

Oma Säästöpankki Oyj

Executive Summary

Oma Säästöpankki Oyj, a savings bank, provides banking services to private customers, small and medium-sized enterprises, and agriculture and forestry entrepreneurs in Finland.

Snowflake

Fundamentals

Good value with adequate balance sheet.

Risks

  • Oma Säästöpankki Oyj is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.1%

HLSE:OMASP

-1.4%

FI Banks

-1.4%

FI Market


1 Year Return

n/a

HLSE:OMASP

-5.7%

FI Banks

-4.9%

FI Market

No trading data on OMASP.

No trading data on OMASP.


Share holder returns

OMASPIndustryMarket
7 Day-1.1%-1.4%-1.4%
30 Day-6.1%-2.1%-1.1%
90 Day-3.8%-1.1%-1.6%
1 Yearn/a0.01%-5.7%-0.6%-4.9%
3 Yearn/a15.4%-3.2%26.4%11.9%
5 Yearn/a27.1%-3.9%53.1%24.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Oma Säästöpankki Oyj undervalued based on future cash flows and its price relative to the stock market?

26%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Oma Säästöpankki Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).

Oma Säästöpankki Oyj's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Oma Säästöpankki Oyj is good value based on earnings compared to the Europe Banks industry average.

Oma Säästöpankki Oyj is good value based on earnings compared to the Finland market.


Price Based on Expected Growth

Oma Säästöpankki Oyj is good value based on expected growth next year.


Price Based on Value of Assets

Oma Säästöpankki Oyj is overvalued based on assets compared to the Europe Banks industry average.


Next Steps

Future Growth

How is Oma Säästöpankki Oyj expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Oma Säästöpankki Oyj's revenue is expected to grow by 10.6% yearly, however this is not considered high growth (20% yearly).

Oma Säästöpankki Oyj's earnings are expected to grow by 12.2% yearly, however this is not considered high growth (20% yearly).

Oma Säästöpankki Oyj's revenue growth is expected to exceed the Finland market average.

Oma Säästöpankki Oyj's earnings growth is positive but not above the Finland market average.

Oma Säästöpankki Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.


Earnings per Share Growth Estimates


Future Return on Equity

Oma Säästöpankki Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Oma Säästöpankki Oyj performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Oma Säästöpankki Oyj's year on year earnings growth rate has been positive over the past 5 years.

Oma Säästöpankki Oyj's 1-year earnings growth is less than its 5-year average (8.9% vs 17.7%)

Oma Säästöpankki Oyj's earnings growth has exceeded the Europe Banks industry average in the past year (8.9% vs 4.7%).


Return on Equity

Oma Säästöpankki Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Oma Säästöpankki Oyj used its assets more efficiently than the Europe Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Oma Säästöpankki Oyj improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Oma Säästöpankki 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

Oma Säästöpankki Oyj has an acceptable proportion of non-loan assets held.

Oma Säästöpankki Oyj has a low allowance for bad loans.

Oma Säästöpankki Oyj's liabilities are made up of primarily low risk sources of funding.

Oma Säästöpankki Oyj's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Oma Säästöpankki Oyj has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).

Oma Säästöpankki Oyj has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

3.38%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Oma Säästöpankki Oyj's pays a lower dividend yield than the bottom 25% of dividend payers in Finland (2.42%).

Oma Säästöpankki Oyj's dividend is below the markets top 25% of dividend payers in Finland (5.33%).

It is too early to tell whether Oma Säästöpankki Oyj has stable dividend payments.

Oma Säästöpankki Oyj only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are well covered by earnings (6.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (4.4x coverage).


Next Steps

Management

What is the CEO of Oma Säästöpankki Oyj's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Pasi Sydänlammi (45yo)

12.0yrs

Tenure

€455,000

Compensation

Mr. Pasi Sydänlammi has been the Chief Executive Officer at Oma Säästöpankki Oy August 2007 and President since 2009. He served as a Managing Director at Oma Säästöpankki Oy. 


CEO Compensation Analysis

Pasi's remuneration is higher than average for companies of similar size in Finland.

Pasi's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.1yrs

Average Tenure

45yo

Average Age

The tenure for the Oma Säästöpankki Oyj management team is about average.


Board Age and Tenure

0.6yrs

Average Tenure

56yo

Average Age

The average tenure for the Oma Säästöpankki Oyj board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Pasi Sydänlammi (45yo)

    CEO & President

    • Tenure: 12.0yrs
    • Compensation: 455.00k
  • Sarianna Liiri (38yo)

    Chief Financial & Administrative Officer

    • Tenure: 2.6yrs
  • Helena Juutilainen (61yo)

    General Counsel

    • Tenure: 1.6yrs
  • Minna Sillanpää (49yo)

    Chief Communications Officer

  • Pasi Turtio (45yo)

    Deputy CEO

    • Compensation: 272.00k
  • Tony Tötterström

    Treasurer

    • Tenure: 0.8yrs
  • Kimmo Tapionsalo

    Chief Risk Officer


Board Members

  • Jarmo Salmi (56yo)

    Chairman

    • Tenure: 0.6yrs
    • Compensation: 19.00k
  • Aki Jaskari (58yo)

    Director

    • Compensation: 19.00k
  • Jyrki Mäkynen (55yo)

    Vice Chairman

    • Compensation: 21.00k
  • Aila Hemminki (53yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: 19.00k
  • Heli Korpinen (54yo)

    Director

    • Compensation: 18.00k
  • Timo Kokkala (59yo)

    Director

    • Compensation: 19.00k
  • Jaana Sandström (56yo)

    Director

    • Tenure: 0.3yrs

Company Information

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


Key Information

  • Name: Oma Säästöpankki Oyj
  • Ticker: OMASP
  • Exchange: HLSE
  • Founded: 2009
  • Industry: regional banks
  • Sector: banks
  • Market Cap: €210.054m
  • Shares outstanding: 29.59m
  • Website: Click here

Number of Employees


Location

  • Oma Säästöpankki Oyj
  • Valtakatu 32
  • Lappeenranta
  • South Karelia
  • 53100
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OMASPHLSE (OMX Nordic Exchange Helsinki)YesShare CapitalFIEURNov 2018
OM0MUN (Boerse Muenchen)YesShare CapitalDEEURNov 2018
OM0DB (Deutsche Boerse AG)YesShare CapitalDEEURNov 2018

Biography

Oma Säästöpankki Oyj, a savings bank, provides banking services to private customers, small and medium-sized enterprises, and agriculture and forestry entrepreneurs in Finland. The company offers accounts, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 22:25
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.