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Exel Composites Oyj

HLSE:EXL1V
Snowflake Description

Reasonable growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EXL1V
HLSE
€48M
Market Cap
  1. Home
  2. FI
  3. Capital Goods
Company description

Exel Composites Oyj, a composite technology company, designs, manufactures, and markets composite products and solutions in Europe, the Asia Pacific, and internationally. The last earnings update was 84 days ago. More info.


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EXL1V Share Price and Events
7 Day Returns
-4%
HLSE:EXL1V
3.7%
FI Machinery
3.1%
FI Market
1 Year Returns
-32.8%
HLSE:EXL1V
2%
FI Machinery
-5.9%
FI Market
EXL1V Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Exel Composites Oyj (EXL1V) -4% -6.1% -4.3% -32.8% -18.8% -33.9%
FI Machinery 3.7% -0.7% 8.9% 2% 28.5% 40.8%
FI Market 3.1% -3.4% -0.6% -5.9% 22.3% 27.8%
1 Year Return vs Industry and Market
  • EXL1V underperformed the Machinery industry which returned 2% over the past year.
  • EXL1V underperformed the Market in Finland which returned -5.9% over the past year.
Price Volatility
EXL1V
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Exel Composites Oyj undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Exel Composites Oyj to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Exel Composites Oyj.

HLSE:EXL1V Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year FI Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for HLSE:EXL1V
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FI Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.5%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.051 (1 + (1- 20%) (61.79%))
1.383
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.38
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (1.383 * 6.51%)
9.54%

Discounted Cash Flow Calculation for HLSE:EXL1V using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Exel Composites Oyj is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

HLSE:EXL1V DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.54%)
2019 3.50 Analyst x2 3.20
2020 4.25 Analyst x2 3.54
2021 5.75 Analyst x2 4.37
2022 5.75 Analyst x2 3.99
2023 6.15 Analyst x2 3.90
2024 6.45 Est @ 4.87% 3.73
2025 6.68 Est @ 3.57% 3.53
2026 6.86 Est @ 2.66% 3.31
2027 7.00 Est @ 2.03% 3.08
2028 7.11 Est @ 1.58% 2.86
Present value of next 10 years cash flows €35.51
HLSE:EXL1V DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €7.11 × (1 + 0.54%) ÷ (9.54% – 0.54%)
€79.39
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €79.39 ÷ (1 + 9.54%)10
€31.92
HLSE:EXL1V Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €35.51 + €31.92
€67.43
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €67.43 / 11.90
€5.67
HLSE:EXL1V Discount to Share Price
Calculation Result
Value per share (EUR) From above. €5.67
Current discount Discount to share price of €4.03
= -1 x (€4.03 - €5.67) / €5.67
28.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Exel Composites Oyj is available for.
Intrinsic value
29%
Share price is €4.03 vs Future cash flow value of €5.67
Current Discount Checks
For Exel Composites Oyj to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Exel Composites Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Exel Composites Oyj's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Exel Composites Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Exel Composites Oyj's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
HLSE:EXL1V PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.03
HLSE:EXL1V Share Price ** HLSE (2019-05-23) in EUR €4.03
Finland Machinery Industry PE Ratio Median Figure of 14 Publicly-Listed Machinery Companies 19.67x
Finland Market PE Ratio Median Figure of 107 Publicly-Listed Companies 19.55x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Exel Composites Oyj.

HLSE:EXL1V PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= HLSE:EXL1V Share Price ÷ EPS (both in EUR)

= 4.03 ÷ 0.03

123.41x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exel Composites Oyj is overvalued based on earnings compared to the FI Machinery industry average.
  • Exel Composites Oyj is overvalued based on earnings compared to the Finland market.
Price based on expected Growth
Does Exel Composites Oyj's expected growth come at a high price?
Raw Data
HLSE:EXL1V PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 123.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
31.5%per year
Finland Machinery Industry PEG Ratio Median Figure of 12 Publicly-Listed Machinery Companies 1.91x
Finland Market PEG Ratio Median Figure of 91 Publicly-Listed Companies 1.72x

*Line of best fit is calculated by linear regression .

HLSE:EXL1V PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 123.41x ÷ 31.5%

3.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exel Composites Oyj is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Exel Composites Oyj's assets?
Raw Data
HLSE:EXL1V PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €2.17
HLSE:EXL1V Share Price * HLSE (2019-05-23) in EUR €4.03
Finland Machinery Industry PB Ratio Median Figure of 16 Publicly-Listed Machinery Companies 1.96x
Finland Market PB Ratio Median Figure of 142 Publicly-Listed Companies 1.9x
HLSE:EXL1V PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= HLSE:EXL1V Share Price ÷ Book Value per Share (both in EUR)

= 4.03 ÷ 2.17

1.86x

* Primary Listing of Exel Composites Oyj.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exel Composites Oyj is good value based on assets compared to the FI Machinery industry average.
X
Value checks
We assess Exel Composites Oyj's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Exel Composites Oyj has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Exel Composites Oyj expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Exel Composites Oyj expected to grow at an attractive rate?
  • Exel Composites Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Exel Composites Oyj's earnings growth is expected to exceed the Finland market average.
  • Exel Composites Oyj's revenue growth is expected to exceed the Finland market average.
Annual Growth Rates Comparison
Raw Data
HLSE:EXL1V Future Growth Rates Data Sources
Data Point Source Value (per year)
HLSE:EXL1V Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 31.5%
HLSE:EXL1V Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 5.9%
Finland Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.5%
Finland Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Finland Market Earnings Growth Rate Market Cap Weighted Average 13.8%
Finland Market Revenue Growth Rate Market Cap Weighted Average 2.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
HLSE:EXL1V Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
HLSE:EXL1V Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 135 11 1
2022-12-31 123 11 7 2
2021-12-31 118 10 6 2
2020-12-31 112 9 5 2
2019-12-31 106 7 4 2
HLSE:EXL1V Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 97 1 0
2018-09-30 93 2 2
2018-06-30 90 3 4
2018-03-31 88 4 4
2017-12-31 87 5 4
2017-09-30 83 4 3
2017-06-30 79 4 1
2017-03-31 76 3 1
2016-12-31 73 3 0
2016-09-30 75 2 1
2016-06-30 75 1 1
2016-03-31 78 2 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Exel Composites Oyj's earnings are expected to grow significantly at over 20% yearly.
  • Exel Composites Oyj's revenue is expected to grow by 5.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
HLSE:EXL1V Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Exel Composites Oyj Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:EXL1V Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.55 0.55 0.55 1.00
2021-12-31 0.52 0.52 0.52 2.00
2020-12-31 0.44 0.44 0.44 2.00
2019-12-31 0.32 0.40 0.24 2.00
HLSE:EXL1V Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.03
2018-09-30 0.19
2018-06-30 0.34
2018-03-31 0.35
2017-12-31 0.36
2017-09-30 0.24
2017-06-30 0.12
2017-03-31 0.07
2016-12-31 0.02
2016-09-30 0.08
2016-06-30 0.11
2016-03-31 0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Exel Composites Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Exel Composites Oyj's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Finland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Finland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Exel Composites Oyj has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Exel Composites Oyj performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Exel Composites Oyj's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Exel Composites Oyj's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Exel Composites Oyj's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Exel Composites Oyj's 1-year earnings growth is negative, it can't be compared to the FI Machinery industry average.
Earnings and Revenue History
Exel Composites Oyj's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Exel Composites Oyj Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:EXL1V Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 96.71 0.39 30.78
2018-09-30 93.31 2.21 29.14
2018-06-30 89.91 4.03 27.51
2018-03-31 88.24 4.12 26.73
2017-12-31 86.56 4.21 25.95
2017-09-30 82.88 2.85 25.56
2017-06-30 79.19 1.48 25.17
2017-03-31 76.28 0.84 25.07
2016-12-31 73.38 0.20 24.98
2016-09-30 75.06 0.95 26.04
2016-06-30 75.20 1.37 25.78
2016-03-31 77.73 1.73 26.29
2015-12-31 80.40 2.84 26.52
2015-09-30 82.32 3.90 26.29
2015-06-30 83.27 4.71 25.88
2015-03-31 83.34 6.14 24.78
2014-12-31 79.65 5.70 23.73
2014-09-30 76.55 5.03 23.49
2014-06-30 74.68 4.71 22.88
2014-03-31 70.80 3.64 22.69
2013-12-31 69.89 3.08 22.61
2013-09-30 70.15 0.82 22.07
2013-06-30 70.13 1.14 21.51
2013-03-31 72.38 1.28 22.00
2012-12-31 76.00 2.03 22.31
2012-09-30 77.12 4.77 22.48
2012-06-30 80.53 5.65 22.88

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Exel Composites Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Exel Composites Oyj used its assets less efficiently than the FI Machinery industry average last year based on Return on Assets.
  • Exel Composites Oyj's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Exel Composites Oyj's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Exel Composites Oyj has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Exel Composites Oyj's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Exel Composites Oyj's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Exel Composites Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Exel Composites Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Exel Composites Oyj's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Exel Composites Oyj Company Filings, last reported 4 months ago.

HLSE:EXL1V Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 25.78 29.63 4.80
2018-09-30 25.78 29.63 4.80
2018-06-30 27.71 30.47 6.31
2018-03-31 28.82 16.36 7.63
2017-12-31 28.82 16.36 7.63
2017-09-30 28.82 16.36 7.63
2017-06-30 27.39 16.14 6.09
2017-03-31 27.01 10.23 6.94
2016-12-31 27.01 10.23 6.94
2016-09-30 27.01 10.23 6.94
2016-06-30 27.97 12.58 7.44
2016-03-31 30.72 8.48 7.87
2015-12-31 30.72 8.48 7.87
2015-09-30 29.89 8.15 8.51
2015-06-30 30.87 8.71 9.45
2015-03-31 30.28 7.45 9.97
2014-12-31 29.72 5.62 8.22
2014-09-30 28.56 9.83 10.85
2014-06-30 27.12 11.49 9.93
2014-03-31 24.36 13.05 9.62
2013-12-31 22.84 12.87 9.44
2013-09-30 28.62 7.18 7.63
2013-06-30 28.21 8.19 6.88
2013-03-31 28.74 7.32 8.47
2012-12-31 31.44 8.18 9.25
2012-09-30 33.24 10.14 7.53
2012-06-30 32.44 10.13 7.66
  • Exel Composites Oyj's level of debt (114.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (56.3% vs 114.9% today).
  • Debt is not well covered by operating cash flow (2.9%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.2x coverage).
X
Financial health checks
We assess Exel Composites Oyj's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Exel Composites Oyj has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Exel Composites Oyj's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.47%
Current annual income from Exel Composites Oyj dividends. Estimated to be 5.67% next year.
If you bought €2,000 of Exel Composites Oyj shares you are expected to receive €89 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Exel Composites Oyj's pays a higher dividend yield than the bottom 25% of dividend payers in Finland (2.29%).
  • Exel Composites Oyj's dividend is below the markets top 25% of dividend payers in Finland (5.28%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
HLSE:EXL1V Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Finland Machinery Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 3.3%
Finland Market Average Dividend Yield Market Cap Weighted Average of 101 Stocks 4.3%
Finland Minimum Threshold Dividend Yield 10th Percentile 1.3%
Finland Bottom 25% Dividend Yield 25th Percentile 2.3%
Finland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

HLSE:EXL1V Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.26 2.00
2020-12-31 0.23 2.00
2019-12-31 0.20 2.00
HLSE:EXL1V Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-15 0.180 4.325
2018-03-22 0.300 5.758
2017-03-14 0.100 1.581
2017-02-14 0.100 1.965
2016-03-17 0.220 4.271
2015-03-26 0.200 2.783
2014-11-04 0.000 0.000
2014-07-24 0.000 0.000
2014-05-07 0.000 0.000
2014-03-06 0.000 0.000
2014-02-12 0.000 0.000
2013-03-27 0.300 5.187
2012-07-25 0.500 8.091
2012-07-16 0.500 7.903
2012-02-17 0.500 6.595
2011-02-18 0.250 3.090
2010-03-31 0.250 4.233
2009-10-29 0.000 0.000
2009-07-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Exel Composites Oyj has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Exel Composites Oyj has only been paying a dividend for 9 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Exel Composites Oyj's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Exel Composites Oyj's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Exel Composites Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Exel Composites Oyj has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Exel Composites Oyj's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Riku Kytömäki
COMPENSATION €0
AGE 47
TENURE AS CEO 5.3 years
CEO Bio

Mr. Riku Kytömäki, M.Sc. (Eng.) has been Chief Executive Officer and President at Exel Composites Oyj since January 2, 2014. Mr. Kytömäki has been Member of the Group Management Team since 2014. He served as Senior Vice President, Head of Global Product Group “Large AC Motors” at ABB; President of ABB Electrical Machines Ltd, China; Senior Vice President, Global Operations Manager, ABB Business Unit Motors & Generators. He served as Senior Vice President and Head of Global Product Group “Wind Power Generators” at ABB.

CEO Compensation
  • Insufficient data for Riku to compare compensation growth.
  • Riku's remuneration is higher than average for companies of similar size in Finland.
Management Team Tenure

Average tenure and age of the Exel Composites Oyj management team in years:

3.8
Average Tenure
47.5
Average Age
  • The tenure for the Exel Composites Oyj management team is about average.
Management Team

Riku Kytömäki

TITLE
CEO & President
AGE
47
TENURE
5.3 yrs

Mikko Kettunen

TITLE
CFO & Senior VP
AGE
42
TENURE
4.1 yrs

Callum Gough

TITLE
Senior Vice President of Operations
AGE
58
TENURE
3.8 yrs

Kim Sjödahl

TITLE
Senior Vice President of Technology and R&D
AGE
44
TENURE
3.8 yrs

Olli Tevä

TITLE
Senior Vice President of Sales & Marketing
AGE
48
TENURE
0.8 yrs

Tiina Bies

TITLE
Senior Vice President of Human Resources
AGE
52
TENURE
4.8 yrs

Mikko Rummukainen

TITLE
Senior Vice President of Business Development
AGE
39
TENURE
0.2 yrs

Kari Loukola

TITLE
Senior VP of Exel Composites Americas & President of DSC
AGE
56
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Exel Composites Oyj board of directors in years:

3.2
Average Tenure
54
Average Age
  • The tenure for the Exel Composites Oyj board of directors is about average.
Board of Directors

Reima Kerttula

TITLE
Chairman of the Board
COMPENSATION
€56K
AGE
63
TENURE
3.2 yrs

Jouko Peussa

TITLE
Independent Director
COMPENSATION
€27K
AGE
61
TENURE
3.2 yrs

Petri Helsky

TITLE
Independent Director
COMPENSATION
€28K
AGE
52
TENURE
3.2 yrs

Helena Knutson

TITLE
Director
AGE
54
TENURE
2.1 yrs

Maija Strandberg

TITLE
Director
AGE
49
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Exel Composites Oyj's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Exel Composites Oyj has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholder Owns Most Exel Composites Oyj (HEL:EXL1V) Stock?

Exel Composites Oyj is a smaller company with a market capitalization of €49m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Exel Composites Oyj HLSE:EXL1V Ownership Summary, May 16th 2019 What Does The Institutional Ownership Tell Us About Exel Composites Oyj? … As you can see, institutional investors own 62% of Exel Composites Oyj.

Simply Wall St -

A Look At The Fair Value Of Exel Composites Oyj (HEL:EXL1V)

In this article we are going to estimate the intrinsic value of Exel Composites Oyj (HEL:EXL1V). … by projecting its future cash flows and then discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model?

Simply Wall St -

Are Exel Composites Oyj's (HEL:EXL1V) Interest Costs Too High?

While small-cap stocks, such as Exel Composites Oyj (HEL:EXL1V) with its market cap of €50m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Understanding the company's financial health becomes. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St -

Should You Buy Exel Composites Oyj (HEL:EXL1V) For Its Dividend?

Historically, Exel Composites Oyj (HEL:EXL1V) has paid dividends to shareholders, and these days it yields 4.5%. … Does Exel Composites Oyj tick all the boxes of a great dividend stock? … Check out our latest analysis for Exel Composites Oyj

Simply Wall St -

Why Exel Composites Oyj’s (HEL:EXL1V) Use Of Investor Capital Doesn’t Look Great

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Does Exel Composites Oyj's (HEL:EXL1V) CEO Pay Compare Well With Peers?

Riku Kytömäki has been the CEO of Exel Composites Oyj (HEL:EXL1V) since 2014. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Riku Kytömäki's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Is Exel Composites Oyj's (HEL:EXL1V) ROE Of 15% Impressive?

Our data shows Exel Composites Oyj has a return on equity of 15% for the last year. … That means that for every €1 worth of shareholders' equity, it generated €0.15 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

These Factors Make Exel Composites Oyj (HEL:EXL1V) An Interesting Investment

Today I've chosen to put the spotlight on Exel Composites Oyj (HEL:EXL1V) due to its excellent fundamentals in more than one area. … that has been a rockstar for income investors, currently trading at an attractive share price

Simply Wall St -

Is Exel Composites Oyj's (HEL:EXL1V) Growth Strong Enough To Justify Its December Share Price?

Exel Composites Oyj (HEL:EXL1V) closed yesterday at €4.06, which left some investors asking whether the high earnings potential can still be justified at this price. … See our latest analysis for Exel Composites Oyj? … Exel Composites Oyj's extremely high growth potential in the near future is attracting investors

Simply Wall St -

Does Exel Composites Oyj's (HEL:EXL1V) P/E Ratio Signal A Buying Opportunity?

We'll show how you can use Exel Composites Oyj's (HEL:EXL1V) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Exel Composites Oyj's P/E ratio is 12.04. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

Exel Composites Oyj, a composite technology company, designs, manufactures, and markets composite products and solutions in Europe, the Asia Pacific, and internationally. The company offers profiles, such as custom profiles, standard profiles, solid rods, and structural profiles; carbon fiber, fiberglass, and hybrid composite tubes, as well as round, profile, conical tubes, and pre-preg tubes; and fiber reinforced laminates. It also provides tool handles and telescopic poles; airport products, including frangible masts and towers for approach lighting, frangible masts for WDI and weather observation, frangible localizer supports and GP towers, and airport fencing products; and system lightweight structures. The company serves building, construction, and infrastructure; cleaning and maintenance; telecommunication; and wind energy sectors, as well as electrical, general, machine, paper, sports and leisure, and transportation industries. Exel Composites Oyj was founded in 1960 and is headquartered in Vantaa, Finland.

Details
Name: Exel Composites Oyj
EXL1V
Exchange: HLSE
Founded: 1960
€47,944,277
11,896,843
Website: http://www.exelcomposites.com
Address: Exel Composites Oyj
Mäkituvantie 5,
Vantaa,
Uusimaa, 01510,
Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE EXL1V Ordinary Shares OMX Nordic Exchange Helsinki FI EUR 20. Oct 1998
LSE 0MD5 Ordinary Shares London Stock Exchange GB EUR 20. Oct 1998
BATS-CHIXE EXL1VH Ordinary Shares BATS 'Chi-X Europe' GB EUR 20. Oct 1998
Number of employees
Current staff
Staff numbers
675
Exel Composites Oyj employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 20:38
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/05/06
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.