Aspo Oyj
Market Cap
€265.1m
Last Updated
2021/03/08 19:36 UTC
Data Sources
Company Financials +
Executive Summary
Aspo Oyj owns and develops corporate brands in Finland, Scandinavia, the Baltic countries, Russia, Ukraine, other CIS countries, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Share Price & News
How has Aspo Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASPO is less volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ASPO's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-3.2%
ASPO
2.8%
FI Industrials
-1.4%
FI Market
1 Year Return
18.9%
ASPO
53.7%
FI Industrials
29.3%
FI Market
Return vs Industry: ASPO underperformed the Finnish Industrials industry which returned 37.1% over the past year.
Return vs Market: ASPO matched the Finnish Market which returned 18.5% over the past year.
Shareholder returns
| ASPO | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.2% | 2.8% | -1.4% |
| 30 Day | -3.2% | 1.6% | -1.4% |
| 90 Day | 18.0% | 14.5% | 3.1% |
| 1 Year | 23.2%18.9% | 66.6%53.7% | 38.8%29.3% |
| 3 Year | -0.2%-12.3% | 41.7%22.3% | 31.2%8.2% |
| 5 Year | 50.1%18.9% | 99.6%40.2% | 72.1%34.0% |
Long-Term Price Volatility Vs. Market
How volatile is Aspo Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
What Do The Returns On Capital At Aspo Oyj (HEL:ASPO) Tell Us?2 weeks ago | Simply Wall St
Is Aspo Oyj's (HEL:ASPO) 12% ROE Better Than Average?3 weeks ago | Simply Wall St
Aspo Oyj (HEL:ASPO) Is Yielding 1.2% - But Is It A Buy?Valuation
Is Aspo Oyj undervalued compared to its fair value and its price relative to the market?
23.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASPO (€8.54) is trading below our estimate of fair value (€11.13)
Significantly Below Fair Value: ASPO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASPO is poor value based on its PE Ratio (22.2x) compared to the XE Industrials industry average (21.1x).
PE vs Market: ASPO is good value based on its PE Ratio (22.2x) compared to the Finnish market (27.7x).
Price to Earnings Growth Ratio
PEG Ratio: ASPO is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: ASPO is overvalued based on its PB Ratio (2.4x) compared to the XE Industrials industry average (1.2x).
Next Steps
Future Growth
How is Aspo Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
19.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASPO's forecast earnings growth (19.9% per year) is above the savings rate (0.3%).
Earnings vs Market: ASPO's earnings (19.9% per year) are forecast to grow faster than the Finnish market (19.5% per year).
High Growth Earnings: ASPO's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASPO's revenue (3.4% per year) is forecast to grow slower than the Finnish market (3.8% per year).
High Growth Revenue: ASPO's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASPO's Return on Equity is forecast to be high in 3 years time (22.4%)
Next Steps
Past Performance
How has Aspo Oyj performed over the past 5 years?
-6.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASPO has high quality earnings.
Growing Profit Margin: ASPO's current net profit margins (2.4%) are lower than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: ASPO's earnings have declined by 6.2% per year over the past 5 years.
Accelerating Growth: ASPO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASPO had negative earnings growth (-18.6%) over the past year, making it difficult to compare to the Industrials industry average (4%).
Return on Equity
High ROE: ASPO's Return on Equity (11.8%) is considered low.
Next Steps
Financial Health
How is Aspo Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: ASPO's short term assets (€137.9M) exceed its short term liabilities (€109.8M).
Long Term Liabilities: ASPO's short term assets (€137.9M) do not cover its long term liabilities (€160.8M).
Debt to Equity History and Analysis
Debt Level: ASPO's debt to equity ratio (160%) is considered high.
Reducing Debt: ASPO's debt to equity ratio has increased from 122.9% to 160% over the past 5 years.
Debt Coverage: ASPO's debt is well covered by operating cash flow (35.8%).
Interest Coverage: ASPO's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Aspo Oyj current dividend yield, its reliability and sustainability?
4.10%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ASPO's dividend (4.1%) is higher than the bottom 25% of dividend payers in the Finnish market (1.86%).
High Dividend: ASPO's dividend (4.1%) is in the top 25% of dividend payers in the Finnish market (3.95%)
Stability and Growth of Payments
Stable Dividend: ASPO's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASPO's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (90.8%), ASPO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASPO's dividends in 3 years are forecast to be covered by earnings (55% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.9yrs
Average management tenure
CEO
Aki Ojanen (59 yo)
12.17yrs
Tenure
€716,000
Compensation
Mr. Aki Ojanen, EMBA has been the Chief Executive Officer at Aspo Oyj (Alternate Name: Aspo PLC), an affiliate of Telko Ltd., since January 1, 2009. Mr. Ojanen serves as the Chief Executive Officer of Aspo...
CEO Compensation Analysis
Compensation vs Market: Aki's total compensation ($USD849.25K) is above average for companies of similar size in the Finnish market ($USD565.28K).
Compensation vs Earnings: Aki's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 12.17yrs | €716.00k | 0.22% € 571.4k | |
| Chief Financial Officer | 12.17yrs | no data | 0.18% € 489.3k | |
| Head of Legal Affairs & Secretary to the Board | 4yrs | no data | 0.065% € 173.2k | |
| Managing Director of Leipurin Oyj | 1.17yrs | no data | no data | |
| Group Treasurer | 1yr | no data | 0.084% € 223.6k | |
| Managing Director of ESL Shipping Ltd | 7.83yrs | no data | 0.17% € 449.1k |
5.9yrs
Average Tenure
50yo
Average Age
Experienced Management: ASPO's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 0.83yr | no data | 0.048% € 127.2k | |
| Independent Chairman | 12.17yrs | €67.00k | 2.72% € 7.2m | |
| Independent Vice Chairman | 3.17yrs | €54.00k | 0.032% € 84.8k | |
| Independent Director | 4.92yrs | €37.00k | 0.032% € 84.8k | |
| Independent Director | 2.92yrs | €35.00k | 0% € 0 | |
| Independent Director | 4.92yrs | €37.00k | 0.0032% € 8.5k |
4.0yrs
Average Tenure
55yo
Average Age
Experienced Board: ASPO's board of directors are considered experienced (4 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
Aspo Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aspo Oyj
- Ticker: ASPO
- Exchange: HLSE
- Founded: 1929
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: €265.069m
- Shares outstanding: 31.26m
- Website: https://www.aspo.com
Number of Employees
Location
- Aspo Oyj
- Mikonkatu 13 A, 7 krs
- P.O. Box 499
- Helsinki
- Uusimaa
- 101
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ASPO | HLSE (OMX Nordic Exchange Helsinki) | Yes | Registered Shares | FI | EUR | Oct 1999 |
| 0J8S | LSE (London Stock Exchange) | Yes | Registered Shares | GB | EUR | Oct 1999 |
| ASPOH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Registered Shares | GB | EUR | Oct 1999 |
Biography
Aspo Oyj owns and develops corporate brands in Finland, Scandinavia, the Baltic countries, Russia, Ukraine, other CIS countries, and internationally. The company operates through ESL Shipping, Leipurin, Te...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 19:36 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.