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Market Cap

€86.8m

Last Updated

2021/05/09 18:07 UTC

Data Sources

Company Financials +

Executive Summary

Glaston Oyj Abp manufactures and sells glass processing machinery worldwide. More Details


Snowflake Analysis

Reasonable growth potential and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GLA1V is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GLA1V's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

1.0%

GLA1V

2.2%

FI Machinery

2.2%

FI Market


1 Year Return

64.0%

GLA1V

27.6%

FI Machinery

36.5%

FI Market

Return vs Industry: GLA1V exceeded the Finnish Machinery industry which returned 27.7% over the past year.

Return vs Market: GLA1V exceeded the Finnish Market which returned 36.4% over the past year.


Shareholder returns

GLA1VIndustryMarket
7 Day1.0%2.2%2.2%
30 Day12.9%0.2%4.6%
90 Day23.5%8.5%5.7%
1 Year67.6%64.0%41.9%27.6%46.0%36.5%
3 Year-41.5%-57.9%46.9%22.0%35.9%13.4%
5 Year-24.8%-47.2%90.7%50.9%96.4%55.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

48.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GLA1V (€1.03) is trading below our estimate of fair value (€2.01)

Significantly Below Fair Value: GLA1V is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GLA1V is unprofitable, so we can't compare its PE Ratio to the FI Machinery industry average.

PE vs Market: GLA1V 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 GLA1V's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GLA1V is good value based on its PB Ratio (1.3x) compared to the FI Machinery industry average (2.9x).


Future Growth

How is Glaston Oyj Abp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

50.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GLA1V is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: GLA1V is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GLA1V's is expected to become profitable in the next 3 years.

Revenue vs Market: GLA1V's revenue (9.5% per year) is forecast to grow faster than the Finnish market (3.5% per year).

High Growth Revenue: GLA1V's revenue (9.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GLA1V's Return on Equity is forecast to be low in 3 years time (10.3%).


Past Performance

How has Glaston Oyj Abp performed over the past 5 years?

-44.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GLA1V is currently unprofitable.

Growing Profit Margin: GLA1V is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GLA1V is unprofitable, and losses have increased over the past 5 years at a rate of 44.1% per year.

Accelerating Growth: Unable to compare GLA1V's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GLA1V is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-6.9%).


Return on Equity

High ROE: GLA1V has a negative Return on Equity (-8.77%), as it is currently unprofitable.


Financial Health

How is Glaston Oyj Abp's financial position?


Financial Position Analysis

Short Term Liabilities: GLA1V's short term assets (€99.4M) exceed its short term liabilities (€84.7M).

Long Term Liabilities: GLA1V's short term assets (€99.4M) exceed its long term liabilities (€60.1M).


Debt to Equity History and Analysis

Debt Level: GLA1V's debt to equity ratio (71.6%) is considered high.

Reducing Debt: GLA1V's debt to equity ratio has increased from 38.7% to 71.6% over the past 5 years.

Debt Coverage: GLA1V's debt is well covered by operating cash flow (21.4%).

Interest Coverage: Insufficient data to determine if GLA1V's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

3.40%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GLA1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GLA1V'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 GLA1V's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GLA1V's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GLA1V is not paying a notable dividend for the Finnish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GLA1V'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?

1.3yrs

Average management tenure


CEO

Anders Dahlblom (46 yo)

0.33

Tenure

Mr. Anders Dahlblom, M.Sc. (Econ.) serves as the Chief Executive Officer and President of Glaston Oyj Abp since January 1, 2021. Mr. Dahlblom served as Vice President and Managing Director of Paroc Group O...


Leadership Team

Experienced Management: GLA1V's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: GLA1V's board of directors are considered experienced (3.1 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

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


Key Information

  • Name: Glaston Oyj Abp
  • Ticker: GLA1V
  • Exchange: HLSE
  • Founded: 1870
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €86.819m
  • Shares outstanding: 84.29m
  • Website: https://glaston.net

Number of Employees


Location

  • Glaston Oyj Abp
  • LOennrotinkatu 11
  • Helsinki
  • Uusimaa
  • 120
  • Finland

Listings


Biography

Glaston Oyj Abp manufactures and sells glass processing machinery worldwide. It operates through two segments, Glaston and Bystronic Glass. The company offers flat tempering and laminating, bending and tem...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 18:07
End of Day Share Price2021/05/07 00:00
Earnings2021/03/31
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.