Consti Oyj
Market Cap
€99.1m
Last Updated
2021/03/08 19:49 UTC
Data Sources
Company Financials +
Executive Summary
Consti Oyj provides renovation and technical building services in Finland. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Consti Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CONSTI is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CONSTI's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.8%
CONSTI
-0.1%
FI Construction
-1.4%
FI Market
1 Year Return
72.7%
CONSTI
11.9%
FI Construction
29.3%
FI Market
Return vs Industry: CONSTI exceeded the Finnish Construction industry which returned 0.9% over the past year.
Return vs Market: CONSTI exceeded the Finnish Market which returned 18.5% over the past year.
Shareholder returns
| CONSTI | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | -0.1% | -1.4% |
| 30 Day | 10.7% | 2.0% | -1.4% |
| 90 Day | 31.3% | 3.9% | 3.1% |
| 1 Year | 76.7%72.7% | 14.5%11.9% | 38.8%29.3% |
| 3 Year | 55.9%52.4% | 7.3%-2.3% | 31.2%8.2% |
| 5 Year | 32.9%21.0% | 29.4%11.5% | 72.1%34.0% |
Long-Term Price Volatility Vs. Market
How volatile is Consti Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Consti Oyj (HEL:CONSTI) A Risky Investment?2 weeks ago | Simply Wall St
Should Consti Oyj (HEL:CONSTI) Be Part Of Your Dividend Portfolio?1 month ago | Simply Wall St
Is Now The Time To Put Consti Oyj (HEL:CONSTI) On Your Watchlist?Valuation
Is Consti Oyj undervalued compared to its fair value and its price relative to the market?
11.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CONSTI (€12.7) is trading below our estimate of fair value (€14.46)
Significantly Below Fair Value: CONSTI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CONSTI is poor value based on its PE Ratio (19x) compared to the XE Construction industry average (13.9x).
PE vs Market: CONSTI is good value based on its PE Ratio (19x) compared to the Finnish market (27.5x).
Price to Earnings Growth Ratio
PEG Ratio: CONSTI is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: CONSTI is overvalued based on its PB Ratio (2.9x) compared to the XE Construction industry average (1.3x).
Next Steps
Future Growth
How is Consti Oyj forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
17.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CONSTI's forecast earnings growth (17.6% per year) is above the savings rate (0.3%).
Earnings vs Market: CONSTI's earnings (17.6% per year) are forecast to grow faster than the Finnish market (16.3% per year).
High Growth Earnings: CONSTI's earnings are forecast to grow, but not significantly.
Revenue vs Market: CONSTI's revenue (2.5% per year) is forecast to grow slower than the Finnish market (3.8% per year).
High Growth Revenue: CONSTI's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CONSTI's Return on Equity is forecast to be high in 3 years time (21.9%)
Next Steps
Past Performance
How has Consti Oyj performed over the past 5 years?
-19.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CONSTI has high quality earnings.
Growing Profit Margin: CONSTI's current net profit margins (1.9%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: CONSTI's earnings have declined by 19.9% per year over the past 5 years.
Accelerating Growth: CONSTI's earnings growth over the past year (119.2%) exceeds its 5-year average (-19.9% per year).
Earnings vs Industry: CONSTI earnings growth over the past year (119.2%) exceeded the Construction industry 0.7%.
Return on Equity
High ROE: CONSTI's Return on Equity (16.9%) is considered low.
Next Steps
Financial Health
How is Consti Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: CONSTI's short term assets (€74.2M) do not cover its short term liabilities (€77.1M).
Long Term Liabilities: CONSTI's short term assets (€74.2M) exceed its long term liabilities (€17.9M).
Debt to Equity History and Analysis
Debt Level: CONSTI's debt to equity ratio (78.9%) is considered high.
Reducing Debt: CONSTI's debt to equity ratio has reduced from 81.5% to 78.9% over the past 5 years.
Debt Coverage: CONSTI's debt is well covered by operating cash flow (67.3%).
Interest Coverage: CONSTI's interest payments on its debt are well covered by EBIT (7.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Consti Oyj current dividend yield, its reliability and sustainability?
3.09%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CONSTI's dividend (3.15%) is higher than the bottom 25% of dividend payers in the Finnish market (1.87%).
High Dividend: CONSTI's dividend (3.15%) is low compared to the top 25% of dividend payers in the Finnish market (3.95%).
Stability and Growth of Payments
Stable Dividend: CONSTI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CONSTI's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.8%), CONSTI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CONSTI's dividends in 3 years are forecast to be covered by earnings (51.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Esa Korkeela (48 yo)
3.5yrs
Tenure
€353,000
Compensation
Mr. Esa Korkeela, M.Sc. (econ.), M.Sc., has been Chief Executive Officer of Consti Oyj (formerly known as Consti Yhtiöt Oyj) since December 21, 2017 and served as its Chief Financial Officer since 2009 unt...
CEO Compensation Analysis
Compensation vs Market: Esa's total compensation ($USD420.54K) is above average for companies of similar size in the Finnish market ($USD318.37K).
Compensation vs Earnings: Esa's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 3.5yrs | €353.00k | 5.67% € 5.6m | |
| Chief Financial Officer | 3yrs | no data | 0.16% € 155.4k | |
| Chief Legal Officer | 1.83yrs | no data | no data | |
| Human Resources Director | 2.58yrs | no data | no data |
2.8yrs
Average Tenure
49.5yo
Average Age
Experienced Management: CONSTI's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 13.17yrs | €24.00k | no data | |
| Independent Chairman of the Board | 5.75yrs | €36.00k | 1.12% € 1.1m | |
| Independent Director | 13.17yrs | €24.00k | 0.33% € 325.0k | |
| Independent Director | 9.17yrs | €24.00k | 0.29% € 284.9k | |
| Independent Director | 1.92yrs | €18.00k | no data | |
| Independent Director | 0.92yr | no data | no data |
7.5yrs
Average Tenure
59yo
Average Age
Experienced Board: CONSTI's board of directors are considered experienced (7.5 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
Consti Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Consti Oyj
- Ticker: CONSTI
- Exchange: HLSE
- Founded: 2006
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €99.095m
- Shares outstanding: 7.65m
- Website: https://www.consti.fi
Number of Employees
Location
- Consti Oyj
- Hopeatie 2
- 6th Floor
- Helsinki
- Uusimaa
- 440
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CONSTI | HLSE (OMX Nordic Exchange Helsinki) | Yes | Common Shares | FI | EUR | Dec 2015 |
| 0RD9 | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Dec 2015 |
| CONSTH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Dec 2015 |
Biography
Consti Oyj provides renovation and technical building services in Finland. The company offers technical building services, residential pipeline renovation, renovation contracting, building façade repair an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 19:49 |
| 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.