HLSE:ELEAV

Stock Analysis Report

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Executive Summary

Elecster Oyj operates as a system supplier for UHT lines, aseptic pouch filling machines, and ecological pouch packaging materials in Finland and internationally. More Details


Snowflake Analysis

Excellent balance sheet second-rate dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ELEAV is more volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ELEAV's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Finnish stocks.


Market Performance


7 Day Return

-2.1%

ELEAV

-2.4%

FI Machinery

-1.4%

FI Market


1 Year Return

53.3%

ELEAV

32.2%

FI Machinery

29.3%

FI Market

Return vs Industry: ELEAV exceeded the Finnish Machinery industry which returned 22.4% over the past year.

Return vs Market: ELEAV exceeded the Finnish Market which returned 18.5% over the past year.


Shareholder returns

ELEAVIndustryMarket
7 Day-2.1%-2.4%-1.4%
30 Day-5.6%3.0%-1.4%
90 Day12.7%6.2%3.1%
1 Year59.6%53.3%46.5%32.2%38.8%29.3%
3 Year0.7%-9.2%35.3%14.0%31.2%8.2%
5 Year32.7%13.3%69.4%33.5%72.1%34.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

35.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ELEAV (€9.35) is trading above our estimate of fair value (€4.6)

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


Price To Earnings Ratio

PE vs Industry: ELEAV is poor value based on its PE Ratio (35.6x) compared to the FI Machinery industry average (33.6x).

PE vs Market: ELEAV is poor value based on its PE Ratio (35.6x) compared to the Finnish market (27.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ELEAV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ELEAV is good value based on its PB Ratio (1.4x) compared to the FI Machinery industry average (2.4x).


Next Steps

Future Growth

How is Elecster Oyj forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.2%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Elecster Oyj has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Elecster Oyj performed over the past 5 years?

-60.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: ELEAV has high quality earnings.

Growing Profit Margin: ELEAV's current net profit margins (2.5%) are lower than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ELEAV's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: ELEAV had negative earnings growth (-60.8%) over the past year, making it difficult to compare to the Machinery industry average (-32.9%).


Return on Equity

High ROE: ELEAV's Return on Equity (3.7%) is considered low.


Next Steps

Financial Health

How is Elecster Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: ELEAV's short term assets (€32.0M) exceed its short term liabilities (€11.2M).

Long Term Liabilities: ELEAV's short term assets (€32.0M) exceed its long term liabilities (€12.4M).


Debt to Equity History and Analysis

Debt Level: ELEAV's debt to equity ratio (68.8%) is considered high.

Reducing Debt: ELEAV's debt to equity ratio has reduced from 89.5% to 68.8% over the past 5 years.

Debt Coverage: ELEAV's debt is well covered by operating cash flow (21.4%).

Interest Coverage: ELEAV's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


Next Steps

Dividend

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

2.46%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: ELEAV's dividend (2.46%) is higher than the bottom 25% of dividend payers in the Finnish market (1.86%).

High Dividend: ELEAV's dividend (2.46%) is low compared to the top 25% of dividend payers in the Finnish market (3.95%).


Stability and Growth of Payments

Stable Dividend: ELEAV's dividend payments have been volatile in the past 10 years.

Growing Dividend: ELEAV's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (87.5%), ELEAV's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

€163k

CEO Compensation


CEO

Arto Kinnunen (58 yo)

4yrs

Tenure

€163,000

Compensation

Mr. Arto Kinnunen is Chief Executive Officer at Elecster Oyj since March 1, 2017. Mr. Kinnunen is President and Chief Executive Officer of Elecster Corporation March 1, 2017. He served as Executive Vice Pr...


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

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


Key Information

  • Name: Elecster Oyj
  • Ticker: ELEAV
  • Exchange: HLSE
  • Founded: NaN
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €35.607m
  • Shares outstanding: 3.75m
  • Website: https://www.elecster.fi

Location

  • Elecster Oyj
  • PL 39 (Sontulantie 382)
  • Akaa
  • Pirkanmaa
  • 37801
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELEAVHLSE (OMX Nordic Exchange Helsinki)YesClass A SharesFIEURMar 1992
0EA4LSE (London Stock Exchange)YesClass A SharesGBEURMar 1992
ELEAVHBATS-CHIXE (BATS 'Chi-X Europe')YesClass A SharesGBEURMar 1992

Biography

Elecster Oyj operates as a system supplier for UHT lines, aseptic pouch filling machines, and ecological pouch packaging materials in Finland and internationally. Its products include aseptic pouch machine...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 18:45
End of Day Share Price2021/03/08 00:00
Earnings2019/12/31
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.