HLSE:OMASP

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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 Analysis

Reasonable growth potential with adequate balance sheet.

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

Stable Share Price: OMASP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.3%

OMASP

1.8%

FI Banks

0.7%

FI Market


1 Year Return

9.1%

OMASP

-23.2%

FI Banks

2.5%

FI Market

Return vs Industry: OMASP exceeded the Finnish Banks industry which returned -25.3% over the past year.

Return vs Market: OMASP exceeded the Finnish Market which returned 1.5% over the past year.


Shareholder returns

OMASPIndustryMarket
7 Day0.3%1.8%0.7%
30 Day0.3%-2.9%6.8%
90 Day6.5%8.3%9.6%
1 Year9.1%9.1%-22.2%-23.2%11.5%2.5%
3 Yearn/a-38.6%-44.7%18.9%-0.6%
5 Yearn/a-33.8%-49.4%46.4%15.6%

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 compared to its fair value and its price relative to the market?

12.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OMASP (€7.92) is trading below our estimate of fair value (€9.07)

Significantly Below Fair Value: OMASP is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: OMASP is poor value based on its PE Ratio (10.3x) compared to the XE Banks industry average (9.2x).

PE vs Market: OMASP is good value based on its PE Ratio (10.3x) compared to the Finnish market (20.8x).


Price to Earnings Growth Ratio

PEG Ratio: OMASP is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: OMASP is overvalued based on its PB Ratio (0.7x) compared to the XE Banks industry average (0.6x).


Next Steps

Future Growth

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

22.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OMASP's forecast earnings growth (22.3% per year) is above the savings rate (0.4%).

Earnings vs Market: OMASP's earnings (22.3% per year) are forecast to grow faster than the Finnish market (13.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OMASP's revenue (12.7% per year) is forecast to grow faster than the Finnish market (5.1% per year).

High Growth Revenue: OMASP's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OMASP's Return on Equity is forecast to be low in 3 years time (9.5%).


Next Steps

Past Performance

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

12.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OMASP has a high level of non-cash earnings.

Growing Profit Margin: OMASP's current net profit margins (28.3%) are lower than last year (31.4%).


Past Earnings Growth Analysis

Earnings Trend: OMASP's earnings have grown by 12.7% per year over the past 5 years.

Accelerating Growth: OMASP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: OMASP had negative earnings growth (-13.1%) over the past year, making it difficult to compare to the Banks industry average (-4.9%).


Return on Equity

High ROE: OMASP's Return on Equity (6.8%) is considered low.


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

Asset Level: OMASP's Assets to Equity ratio (11.6x) is moderate.

Allowance for Bad Loans: OMASP has a low allowance for bad loans (49%).

Low Risk Liabilities: 58% of OMASP's liabilities are made up of primarily low risk sources of funding.

Loan Level: OMASP has an appropriate level of Loans to Assets ratio (84%).

Low Risk Deposits: OMASP's Loans to Deposits ratio (159%) is high.

Level of Bad Loans: OMASP has an appropriate level of bad loans (1.2%).


Next Steps

Dividend

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

2.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OMASP's dividend (2.4%) is higher than the bottom 25% of dividend payers in the Finnish market (2.28%).

High Dividend: OMASP's dividend (2.4%) is low compared to the top 25% of dividend payers in the Finnish market (4.89%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether OMASP's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if OMASP's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.7%), OMASP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OMASP's dividends in 3 years are forecast to be well covered by earnings (26% payout ratio).


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Pasi Sydänlammi (46 yo)

13yrs

Tenure

€881,000

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

Compensation vs Market: Pasi's total compensation ($USD1.04M) is above average for companies of similar size in the Finnish market ($USD595.31K).

Compensation vs Earnings: Pasi's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Pasi Sydänlammi
CEO & President13yrs€881.00k0.26%
€ 622.0k
Pasi Turtio
Deputy CEO & Customer Operations Directorno data€260.00k0.19%
€ 443.2k
Sarianna Liiri
Chief Financial & Administrative Officer3.58yrsno data0.085%
€ 200.0k
Helena Juutilainen
General Counsel2.58yrsno data0.057%
€ 134.2k
Minna Sillanpää
Chief Communications Officerno datano data0.068%
€ 161.4k
Kimmo Tapionsalo
Chief Risk Officerno datano data0.080%
€ 188.8k

3.6yrs

Average Tenure

48yo

Average Age

Experienced Management: OMASP's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jarmo Salmi
Independent Chairman1.58yrs€57.00k0.00043%
€ 1.0k
Aki Jaskari
Independent Director6.58yrs€30.00k0.020%
€ 48.0k
Jyrki Mäkynen
Independent Vice Chairmanno data€39.00k0.023%
€ 54.2k
Aila Hemminki
Independent Director3.33yrs€30.00k0.0083%
€ 19.6k
Heli Korpinen
Independent Director6.58yrs€29.00k0.0091%
€ 21.6k
Timo Kokkala
Independent Director6.58yrs€30.00k0.020%
€ 48.0k
Jaana Sandström
Independent Director1.33yrs€17.00kno data

5.0yrs

Average Tenure

57yo

Average Age

Experienced Board: OMASP's board of directors are considered experienced (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

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: €236.680m
  • Shares outstanding: 29.59m
  • Website: https://www.omasp.fi

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 Analysis2020/08/10 21:16
End of Day Share Price2020/08/10 00:00
Earnings2020/06/30
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.