HLSE:ENEDO

Stock Analysis Report

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Executive Summary

Enedo Oyj designs and manufactures DC power systems, AC/DC power supplies, and LED drivers for telecom, industrial, medical, lighting, utility, and military industries worldwide. More Details


Snowflake Analysis

Reasonable growth potential and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ENEDO is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ENEDO's weekly volatility has decreased from 12% to 6% over the past year.


Market Performance


7 Day Return

-2.4%

ENEDO

-5.4%

FI Electrical

-2.0%

FI Market


1 Year Return

-66.7%

ENEDO

44.4%

FI Electrical

16.7%

FI Market

Return vs Industry: ENEDO underperformed the Finnish Electrical industry which returned 42.2% over the past year.

Return vs Market: ENEDO underperformed the Finnish Market which returned 15.3% over the past year.


Shareholder returns

ENEDOIndustryMarket
7 Day-2.4%-5.4%-2.0%
30 Day-21.4%-5.1%-2.4%
90 Day-28.7%6.4%3.4%
1 Year-66.7%-66.7%48.1%44.4%25.1%16.7%
3 Year-91.7%-97.1%72.5%59.3%34.6%11.3%
5 Year-94.5%-98.1%109.8%81.1%73.3%35.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ENEDO (€0.66) is trading below our estimate of fair value (€4.57)

Significantly Below Fair Value: ENEDO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ENEDO is unprofitable, so we can't compare its PE Ratio to the XE Electrical industry average.

PE vs Market: ENEDO is unprofitable, so we can't compare its PE Ratio to the Finnish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ENEDO has negative assets, so we can't compare its PB Ratio to the XE Electrical industry average.


Next Steps

Future Growth

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

85.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENEDO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.3%).

Earnings vs Market: ENEDO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ENEDO's is expected to become profitable in the next 3 years.

Revenue vs Market: ENEDO's revenue (6.3% per year) is forecast to grow faster than the Finnish market (3.5% per year).

High Growth Revenue: ENEDO's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ENEDO's Return on Equity is forecast to be low in 3 years time (5.2%).


Next Steps

Past Performance

How has Enedo Oyj performed over the past 5 years?

17.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ENEDO is currently unprofitable.

Growing Profit Margin: ENEDO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ENEDO is unprofitable, but has reduced losses over the past 5 years at a rate of 17% per year.

Accelerating Growth: Unable to compare ENEDO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ENEDO is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (5.6%).


Return on Equity

High ROE: ENEDO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Enedo Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: ENEDO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ENEDO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ENEDO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ENEDO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ENEDO has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ENEDO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ENEDO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ENEDO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ENEDO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ENEDO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ENEDO is not paying a notable dividend for the Finnish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ENEDO's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Vesa Leino (51 yo)

2.08yrs

Tenure

€236,000

Compensation

Mr. Vesa Leino, M.Sc. (Econ.) has been Chief Executive Officer and President of Enedo Oyj (formerly known as Efore Oyj) since January 1, 2019. Mr. Leino is employed by Efore since 2017. He was Chief Financ...


CEO Compensation Analysis

Compensation vs Market: Vesa's total compensation ($USD288.51K) is about average for companies of similar size in the Finnish market ($USD326.70K).

Compensation vs Earnings: Insufficient data to compare Vesa's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Vesa Leino
CEO & President2.08yrs€236.00k0.042%
€ 2.3k
Olli Mustonen
Group Chief Financial Officer2.08yrsno datano data
Ruben Tomassoni
Vice President of Operationsno datano datano data
Jussi Vanhanen
Vice President of Salesno datano datano data
Carlo Rosati
Executive Vice President of Italy Products & Sales2.08yrsno datano data

2.1yrs

Average Tenure

48yo

Average Age

Experienced Management: ENEDO's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tuomo Lähdesmäki
Independent Chairman of the Board4.08yrs€44.00k0.073%
€ 4.0k
Taru Narvanmaa
Independent Vice Chairman of the Board1.83yrs€30.00kno data
Antti Sivula
Independent Director4.83yrs€23.00kno data
Matti Miettunen
Independent Director2.83yrs€23.00k0.081%
€ 4.5k
Michail Peters
Independent Director1.08yrsno datano data

2.8yrs

Average Tenure

57yo

Average Age

Experienced Board: ENEDO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Enedo Oyj
  • Ticker: ENEDO
  • Exchange: HLSE
  • Founded: 1975
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: €5.553m
  • Shares outstanding: 8.36m
  • Website: https://enedopower.com

Number of Employees


Location

  • Enedo Oyj
  • Martinkyläntie 43
  • Vantaa
  • Uusimaa
  • 1720
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENEDOHLSE (OMX Nordic Exchange Helsinki)YesCommon SharesFIEURAug 1993
0LSE (London Stock Exchange)YesCommon SharesGBEURAug 1993

Biography

Enedo Oyj designs and manufactures DC power systems, AC/DC power supplies, and LED drivers for telecom, industrial, medical, lighting, utility, and military industries worldwide. It offers wall mount, rack...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/26 19:40
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
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.