Neles Oyj provides flow control solutions and services worldwide. More Details
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has Neles Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NELES is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NELES's weekly volatility has decreased from 12% to 4% over the past year.
7 Day Return
1 Year Return
Return vs Industry: NELES underperformed the Finnish Machinery industry which returned 23.8% over the past year.
Return vs Market: NELES underperformed the Finnish Market which returned 33.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Neles Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Neles Oyj undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NELES (€12.01) is trading above our estimate of fair value (€3.96)
Significantly Below Fair Value: NELES is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NELES is poor value based on its PE Ratio (37.2x) compared to the Finnish Machinery industry average (35.5x).
PE vs Market: NELES is poor value based on its PE Ratio (37.2x) compared to the Finnish market (24.6x).
Price to Earnings Growth Ratio
PEG Ratio: NELES is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: NELES is overvalued based on its PB Ratio (7.2x) compared to the FI Machinery industry average (2.9x).
How is Neles Oyj forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NELES's forecast earnings growth (12.3% per year) is above the savings rate (0.2%).
Earnings vs Market: NELES's earnings (12.3% per year) are forecast to grow faster than the Finnish market (11.9% per year).
High Growth Earnings: NELES's earnings are forecast to grow, but not significantly.
Revenue vs Market: NELES's revenue (7.1% per year) is forecast to grow faster than the Finnish market (3.2% per year).
High Growth Revenue: NELES's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NELES's Return on Equity is forecast to be high in 3 years time (23.9%)
How has Neles Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NELES has high quality earnings.
Growing Profit Margin: NELES's current net profit margins (8.5%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: NELES's earnings have declined by 38.8% per year over the past 5 years.
Accelerating Growth: NELES's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NELES had negative earnings growth (-24.3%) over the past year, making it difficult to compare to the Machinery industry average (-6.9%).
Return on Equity
High ROE: NELES's Return on Equity (19.3%) is considered low.
How is Neles Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: NELES's short term assets (€455.3M) exceed its short term liabilities (€207.9M).
Long Term Liabilities: NELES's short term assets (€455.3M) exceed its long term liabilities (€217.4M).
Debt to Equity History and Analysis
Debt Level: NELES's debt to equity ratio (68.3%) is considered high.
Reducing Debt: NELES's debt to equity ratio has increased from 60.8% to 68.3% over the past 5 years.
Debt Coverage: NELES's debt is well covered by operating cash flow (203.7%).
Interest Coverage: NELES's interest payments on its debt are well covered by EBIT (13.9x coverage).
What is Neles Oyj current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NELES's dividend (1.84%) is higher than the bottom 25% of dividend payers in the Finnish market (1.77%).
High Dividend: NELES's dividend (1.84%) is low compared to the top 25% of dividend payers in the Finnish market (3.74%).
Stability and Growth of Payments
Stable Dividend: NELES's dividend payments have been volatile in the past 10 years.
Growing Dividend: NELES's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.3%), NELES's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NELES's dividends in 3 years are forecast to be well covered by earnings (43.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Olli Isotalo (61 yo)
Mr. Olli Isotalo, M.Sc (Eng.), serves as President and Chief Executive Officer of Neles Oyj. He served as the President of the Valves Business Area at Metso Corp. since July 15, 2019. Mr. Isotalo serves as...
CEO Compensation Analysis
Compensation vs Market: Olli's total compensation ($USD344.92K) is below average for companies of similar size in the Finnish market ($USD948.94K).
Compensation vs Earnings: Insufficient data to compare Olli's compensation with company performance.
Experienced Management: NELES's management team is considered experienced (3.3 years average tenure).
Experienced Board: NELES's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.
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: Insufficient data to determine if shareholders have been diluted in the past year.
Neles Oyj's company bio, employee growth, exchange listings and data sources
- Name: Neles Oyj
- Ticker: NELES
- Exchange: HLSE
- Founded: 1956
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €1.804b
- Shares outstanding: 150.20m
- Website: https://www.neles.com
Number of Employees
- Neles Oyj
- Vanha Porvoontie 229
Neles Oyj provides flow control solutions and services worldwide. It offers control, on-off, emergency shutdown, butterfly, ball, globe, segment, and eccentric rotary plug valves; pneumatic, electric, and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 02:47|
|End of Day Share Price||2021/05/17 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.