Kesla Oyj, a machine engineering company, manufactures and markets forestry and material handling technology products in Finland and internationally. More Details
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Kesla Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KELAS is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KELAS's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: KELAS exceeded the Finnish Machinery industry which returned 27.7% over the past year.
Return vs Market: KELAS exceeded the Finnish Market which returned 36.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Kesla Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StDoes Kesla Oyj (HEL:KELAS) Have A Healthy Balance Sheet?
3 weeks ago | Simply Wall StKesla Oyj (HEL:KELAS) Is Doing The Right Things To Multiply Its Share Price
1 month ago | Simply Wall StIs Kesla Oyj (HEL:KELAS) The Right Choice For A Smart Dividend Investor?
Is Kesla Oyj undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KELAS (€5) is trading below our estimate of fair value (€7.31)
Significantly Below Fair Value: KELAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KELAS is poor value based on its PE Ratio (55.8x) compared to the FI Machinery industry average (36.7x).
PE vs Market: KELAS is poor value based on its PE Ratio (55.8x) compared to the Finnish market (26.1x).
Price to Earnings Growth Ratio
PEG Ratio: KELAS is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: KELAS is good value based on its PB Ratio (1.3x) compared to the FI Machinery industry average (2.9x).
How is Kesla Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KELAS's forecast earnings growth (33.1% per year) is above the savings rate (0.2%).
Earnings vs Market: KELAS's earnings (33.1% per year) are forecast to grow faster than the Finnish market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KELAS's revenue (7.8% per year) is forecast to grow faster than the Finnish market (3.5% per year).
High Growth Revenue: KELAS's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KELAS's Return on Equity is forecast to be low in 3 years time (11.5%).
How has Kesla Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KELAS has high quality earnings.
Growing Profit Margin: KELAS's current net profit margins (0.8%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: KELAS has become profitable over the past 5 years, growing earnings by 38.5% per year.
Accelerating Growth: KELAS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KELAS had negative earnings growth (-75.1%) over the past year, making it difficult to compare to the Machinery industry average (-6.9%).
Return on Equity
High ROE: KELAS's Return on Equity (2.4%) is considered low.
How is Kesla Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: KELAS's short term assets (€22.2M) exceed its short term liabilities (€8.0M).
Long Term Liabilities: KELAS's short term assets (€22.2M) exceed its long term liabilities (€10.2M).
Debt to Equity History and Analysis
Debt Level: KELAS's debt to equity ratio (78.8%) is considered high.
Reducing Debt: KELAS's debt to equity ratio has reduced from 145.5% to 78.8% over the past 5 years.
Debt Coverage: KELAS's debt is well covered by operating cash flow (55.3%).
Interest Coverage: KELAS's interest payments on its debt are well covered by EBIT (5.4x coverage).
What is Kesla Oyj current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KELAS's dividend (2%) is higher than the bottom 25% of dividend payers in the Finnish market (1.71%).
High Dividend: KELAS's dividend (2%) is low compared to the top 25% of dividend payers in the Finnish market (3.64%).
Stability and Growth of Payments
Stable Dividend: KELAS's dividend payments have been volatile in the past 10 years.
Growing Dividend: KELAS's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (111.7%), KELAS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KELAS's dividends in 3 years are forecast to be well covered by earnings (40.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Simo Saastamoinen (53 yo)
Mr. Simo Saastamoinen serves as Chief Executive Officer and Managing Director of Kesla Oyj since April 08, 2015 and serves as its President. He served as Chief Financial Officer of Kesla Oyj since June 1,...
Experienced Management: KELAS's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: KELAS's board of directors are considered experienced (6.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kesla Oyj's company bio, employee growth, exchange listings and data sources
- Name: Kesla Oyj
- Ticker: KELAS
- Exchange: HLSE
- Founded: 1960
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: €16.954m
- Shares outstanding: 3.39m
- Website: https://www.kesla.fi
Number of Employees
- Kesla Oyj
- Kuurnankatu 24
- North Karelia
Kesla Oyj, a machine engineering company, manufactures and markets forestry and material handling technology products in Finland and internationally. The company offers forest machine cranes, such as forwa...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/09 19:14|
|End of Day Share Price||2021/05/07 00:00|
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.