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Market Cap

€17.0m

Last Updated

2021/05/09 19:14 UTC

Data Sources

Company Financials +

Executive Summary

Kesla Oyj, a machine engineering company, manufactures and markets forestry and material handling technology products in Finland and internationally. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

4.2%

KELAS

2.2%

FI Machinery

2.2%

FI Market


1 Year Return

39.3%

KELAS

27.6%

FI Machinery

36.5%

FI Market

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.


Shareholder returns

KELASIndustryMarket
7 Day4.2%2.2%2.2%
30 Day12.4%0.2%4.6%
90 Day11.1%8.5%5.7%
1 Year42.5%39.3%41.9%27.6%46.0%36.5%
3 Year19.3%8.7%46.9%22.0%35.9%13.4%
5 Year85.4%61.8%90.7%50.9%96.4%55.3%

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

Valuation

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

31.6%

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).


Future Growth

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

33.1%

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%).


Past Performance

How has Kesla Oyj performed over the past 5 years?

38.5%

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.


Financial Health

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).


Balance Sheet


Dividend

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

2.00%

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).


Next Steps

Management

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

6.3yrs

Average management tenure


CEO

Simo Saastamoinen (53 yo)

6.08yrs

Tenure

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,...


Leadership Team

Experienced Management: KELAS's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: KELAS's board of directors are considered experienced (6.2 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

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


Key Information

  • 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


Location

  • Kesla Oyj
  • Kuurnankatu 24
  • Joensuu
  • North Karelia
  • 80100
  • Finland

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 19:14
End of Day Share Price2021/05/07 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.