Raute Oyj
Market Cap
€84.0m
Last Updated
2020/10/28 21:54 UTC
Data Sources
Company Financials +
Executive Summary
Raute Oyj, a technology and service company, provides machinery and equipment for production process in the wood products industry in Europe, Russia, North America, and Chile. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential and pays a dividend.
Share Price & News
How has Raute Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAUTE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-4.8%
RAUTE
-7.8%
FI Machinery
-6.3%
FI Market
1 Year Return
-17.2%
RAUTE
-0.4%
FI Machinery
-1.7%
FI Market
Return vs Industry: RAUTE underperformed the Finnish Machinery industry which returned -0.4% over the past year.
Return vs Market: RAUTE underperformed the Finnish Market which returned -1.7% over the past year.
Shareholder returns
| RAUTE | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.8% | -7.8% | -6.3% |
| 30 Day | 8.2% | -6.2% | -4.3% |
| 90 Day | 6.5% | 0.9% | 3.7% |
| 1 Year | -11.1%-17.2% | 12.1%-0.4% | 6.6%-1.7% |
| 3 Year | -7.1%-20.9% | 18.0%-1.8% | 15.1%-5.2% |
| 5 Year | 89.8%46.7% | 61.1%25.8% | 42.3%12.0% |
Price Volatility Vs. Market
How volatile is Raute Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is There An Opportunity With Raute Oyj's (HEL:RAUTE) 42% Undervaluation?1 month ago | Simply Wall St
Investors In Raute Oyj (HEL:RAUTE) Should Consider This, First1 month ago | Simply Wall St
Did You Participate In Any Of Raute Oyj's (HEL:RAUTE) Respectable 81% Return?Valuation
Is Raute Oyj undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RAUTE (€19.7) is trading below our estimate of fair value (€41.28)
Significantly Below Fair Value: RAUTE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RAUTE is poor value based on its PE Ratio (146.8x) compared to the FI Machinery industry average (24.3x).
PE vs Market: RAUTE is poor value based on its PE Ratio (146.8x) compared to the Finnish market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: RAUTE is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: RAUTE is overvalued based on its PB Ratio (2.1x) compared to the FI Machinery industry average (2x).
Next Steps
Future Growth
How is Raute Oyj forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
82.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAUTE's forecast earnings growth (82.3% per year) is above the savings rate (0.4%).
Earnings vs Market: RAUTE's earnings (82.3% per year) are forecast to grow faster than the Finnish market (15.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RAUTE's revenue (6% per year) is forecast to grow faster than the Finnish market (4.5% per year).
High Growth Revenue: RAUTE's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RAUTE's Return on Equity is forecast to be low in 3 years time (14.3%).
Next Steps
Past Performance
How has Raute Oyj performed over the past 5 years?
1.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAUTE has a large one-off gain of €270.0K impacting its June 30 2020 financial results.
Growing Profit Margin: RAUTE's current net profit margins (0.5%) are lower than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: RAUTE's earnings have grown by 1.7% per year over the past 5 years.
Accelerating Growth: RAUTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RAUTE had negative earnings growth (-94.9%) over the past year, making it difficult to compare to the Machinery industry average (-33.7%).
Return on Equity
High ROE: RAUTE's Return on Equity (1.4%) is considered low.
Next Steps
Financial Health
How is Raute Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: RAUTE's short term assets (€66.1M) exceed its short term liabilities (€45.7M).
Long Term Liabilities: RAUTE's short term assets (€66.1M) exceed its long term liabilities (€5.3M).
Debt to Equity History and Analysis
Debt Level: RAUTE's debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: RAUTE's debt to equity ratio has reduced from 8.5% to 4.8% over the past 5 years.
Debt Coverage: RAUTE's debt is well covered by operating cash flow (504.6%).
Interest Coverage: Insufficient data to determine if RAUTE's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Raute Oyj current dividend yield, its reliability and sustainability?
7.36%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RAUTE's dividend (7.36%) is higher than the bottom 25% of dividend payers in the Finnish market (2.1%).
High Dividend: RAUTE's dividend (7.36%) is in the top 25% of dividend payers in the Finnish market (4.67%)
Stability and Growth of Payments
Stable Dividend: RAUTE's dividend payments have been volatile in the past 10 years.
Growing Dividend: RAUTE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (1080.7%), RAUTE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RAUTE's dividends in 3 years are forecast to be covered by earnings (70.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.0yrs
Average management tenure
CEO
Tapani Kiiski (58 yo)
16.58yrs
Tenure
€462,000
Compensation
Mr. Tapani Kiiski, M.Sc. (Eng.) has been the President and Chief Executive Officer at Raute Oyj since March 16, 2004. Mr. Kiiski serves as the Chairman of Executive Board of Raute Oyj and a Member of Execu ...
CEO Compensation Analysis
Compensation vs Market: Tapani's total compensation ($USD543.15K) is above average for companies of similar size in the Finnish market ($USD333.29K).
Compensation vs Earnings: Tapani's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Executive Board | 16.58yrs | €462.00k | 0.60% € 504.8k | |
| Group VP | 1.67yrs | no data | 0.023% € 19.7k | |
| Group VP | 7yrs | no data | 0.11% € 94.1k | |
| Group VP of Power & Member of Executive Board | 16yrs | no data | 0.045% € 37.6k | |
| Group VP | 7yrs | no data | 0.098% € 82.3k | |
| Group VP | 7yrs | no data | 0.012% € 9.9k | |
| Group VP of Metrix & Member of Executive Board | 1.08yrs | no data | 0.021% € 17.4k | |
| Group VP of Basic Services & Member of Executive Board | 1.08yrs | no data | no data | |
| Group VP of Grow & Member of Executive Board | 1.08yrs | no data | 0.094% € 79.2k |
7.0yrs
Average Tenure
55yo
Average Age
Experienced Management: RAUTE's management team is seasoned and experienced (7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman | 8.75yrs | €23.00k | 1.95% € 1.6m | |
| Independent Director | 1.5yrs | €16.00k | no data | |
| Independent Chairman of the Board | 1.5yrs | €39.00k | 0.023% € 19.7k | |
| Director | 10.58yrs | €23.00k | 2.59% € 2.2m | |
| Director | 8.75yrs | €23.00k | 0.52% € 438.1k | |
| Independent Director | 4.5yrs | €23.00k | 0.0024% € 2.0k |
6.6yrs
Average Tenure
56.5yo
Average Age
Experienced Board: RAUTE's board of directors are considered experienced (6.6 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
Raute Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Raute Oyj
- Ticker: RAUTE
- Exchange: HLSE
- Founded: 1908
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €83.985m
- Shares outstanding: 4.26m
- Website: https://www.raute.com
Number of Employees
Location
- Raute Oyj
- Rautetie 2
- PO Box 69
- Nastola
- Päijänne Tavastia
- 15551
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RAUTE | HLSE (OMX Nordic Exchange Helsinki) | Yes | Series A Shares | FI | EUR | Oct 1994 |
| 0FUW | LSE (London Stock Exchange) | Yes | Series A Shares | GB | EUR | Oct 1994 |
| RAUTEH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series A Shares | GB | EUR | Oct 1994 |
Biography
Raute Oyj, a technology and service company, provides machinery and equipment for production process in the wood products industry in Europe, Russia, North America, and Chile. The company supplies a range ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/28 21:54 |
| End of Day Share Price | 2020/10/28 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.