OMAS

Oma Säästöpankki OyjHLSE:OMASP Stock Report

Market Cap

€454.1m

7D

-3.5%

1Y

89.5%

Updated

17 Sep, 2021

Data

Company Financials +
OMASP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends2/6

OMASP Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Oma Säästöpankki Oyj
Historical stock prices
Current Share Price€15.35
52 Week High€7.84
52 Week Low€16.60
Beta1.11
1 Month Change-2.85%
3 Month Change28.99%
1 Year Change89.51%
3 Year Changen/a
5 Year Changen/a
Change since IPO114.68%

Recent News & Updates

Aug 05
Party Time: Brokers Just Made Major Increases To Their Oma Säästöpankki Oyj (HEL:OMASP) Earnings Forecasts

Party Time: Brokers Just Made Major Increases To Their Oma Säästöpankki Oyj (HEL:OMASP) Earnings Forecasts

Shareholders in Oma Säästöpankki Oyj ( HEL:OMASP ) may be thrilled to learn that the analysts have just delivered a...

Jun 30
Analyst Forecasts For Oma Säästöpankki Oyj (HEL:OMASP) Are Surging Higher

Analyst Forecasts For Oma Säästöpankki Oyj (HEL:OMASP) Are Surging Higher

Oma Säästöpankki Oyj ( HEL:OMASP ) shareholders will have a reason to smile today, with the analysts making substantial...

Shareholder Returns

OMASPFI BanksFI Market
7D-3.5%0.3%-2.5%
1Y89.5%45.1%22.0%

Return vs Industry: OMASP exceeded the Finnish Banks industry which returned 45.1% over the past year.

Return vs Market: OMASP exceeded the Finnish Market which returned 22% over the past year.

Price Volatility

Is OMASP's price volatile compared to industry and market?
OMASP volatility
OMASP Beta1.11
Industry Beta1.36
Market Beta1

Stable Share Price: OMASP is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: OMASP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009265Pasi Sydänlammihttps://www.omasp.fi

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; cards mortgage, car, renovation, student, business, and other loans, as well as guarantee facilities; savings and investment products; and asset management, payment, insurance, brokerage, and legal and other advisory services, as well as mobile and online banking services. It operates 32 branches.

Oma Säästöpankki Oyj Fundamentals Summary

How do Oma Säästöpankki Oyj's earnings and revenue compare to its market cap?
OMASP fundamental statistics
Market Cap€454.13m
Earnings (TTM)€59.42m
Revenue (TTM)€102.70m

7.6x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OMASP income statement (TTM)
Revenue€102.70m
Cost of Revenue€0
Gross Profit€102.70m
Expenses€43.28m
Earnings€59.42m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 01, 2021

Earnings per share (EPS)2.00
Gross Margin100.00%
Net Profit Margin57.86%
Debt/Equity Ratio457.4%

How did OMASP perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

12%

Payout Ratio

Valuation

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

7.64x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: OMASP (€15.35) is trading above our estimate of fair value (€13.1)

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


Price To Earnings Ratio

PE vs Industry: OMASP is good value based on its PE Ratio (7.6x) compared to the European Banks industry average (11.3x).

PE vs Market: OMASP is good value based on its PE Ratio (7.6x) compared to the Finnish market (23.7x).


Price to Earnings Growth Ratio

PEG Ratio: OMASP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

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


Future Growth

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

-6.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OMASP's earnings are forecast to decline over the next 3 years (-6.4% per year).

Earnings vs Market: OMASP's earnings are forecast to decline over the next 3 years (-6.4% per year).

High Growth Earnings: OMASP's earnings are forecast to decline over the next 3 years.

Revenue vs Market: OMASP's revenue (7.8% per year) is forecast to grow faster than the Finnish market (3.7% per year).

High Growth Revenue: OMASP's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if OMASP's Return on Equity is forecast to be high in 3 years time


Past Performance

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

17.9%

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 (57.9%) are higher than last year (29%).


Past Earnings Growth Analysis

Earnings Trend: OMASP's earnings have grown by 17.9% per year over the past 5 years.

Accelerating Growth: OMASP's earnings growth over the past year (164.1%) exceeds its 5-year average (17.9% per year).

Earnings vs Industry: OMASP earnings growth over the past year (164.1%) exceeded the Banks industry 19.2%.


Return on Equity

High ROE: OMASP's Return on Equity (15.5%) is considered low.


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 (12.5x) is moderate.

Allowance for Bad Loans: OMASP has a low allowance for bad loans (36%).

Low Risk Liabilities: 59% 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 (81%).

Low Risk Deposits: OMASP's Loans to Deposits ratio (150%) is high.

Level of Bad Loans: OMASP has an appropriate level of bad loans (1%).


Dividend

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

1.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OMASP's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (1.67%).

High Dividend: OMASP's dividend (1.56%) is low compared to the top 25% of dividend payers in the Finnish market (3.64%).


Stability and Growth of Payments

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

Growing Dividend: OMASP's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12%), OMASP's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OMASP's dividends in 3 years are forecast to be well covered by earnings (28.1% payout ratio).


Next Steps

Management

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

4.7yrs

Average management tenure


CEO

Pasi Sydänlammi (47 yo)

14.08yrs

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. Mr. Sydanlammi has served as a...


CEO Compensation Analysis

Compensation vs Market: Pasi's total compensation ($USD1.03M) is about average for companies of similar size in the Finnish market ($USD813.53K).

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


Leadership Team

Experienced Management: OMASP's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: OMASP'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

Oma Säästöpankki Oyj's 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: €454.130m
  • Shares outstanding: 29.59m
  • Website: https://www.omasp.fi

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:30
End of Day Share Price2021/09/17 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.