Reka Industrial Oyj manufactures and sells cables in Finland, Sweden, Denmark, Norway, the Baltic countries, and Russia. More Details
Reasonable growth potential and overvalued.
Share Price & News
How has Reka Industrial Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: REKA is more volatile than 90% of Finnish stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: REKA's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Finnish stocks.
7 Day Return
1 Year Return
Return vs Industry: REKA underperformed the Finnish Electrical industry which returned 42.2% over the past year.
Return vs Market: REKA exceeded the Finnish Market which returned 15.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Reka Industrial Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhy Reka Industrial Oyj (HEL:REKA) Could Be Worth Watching
2 months ago | Simply Wall StThese 4 Measures Indicate That Reka Industrial Oyj (HEL:REKA) Is Using Debt Extensively
3 months ago | Simply Wall StWhat Can The Trends At Neo Industrial (HEL:NEO1V) Tell Us About Their Returns?
Is Reka Industrial 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: REKA (€3.6) is trading below our estimate of fair value (€4.47)
Significantly Below Fair Value: REKA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: REKA is unprofitable, so we can't compare its PE Ratio to the XE Electrical industry average.
PE vs Market: REKA 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 REKA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: REKA is overvalued based on its PB Ratio (4.1x) compared to the XE Electrical industry average (3.6x).
How is Reka Industrial 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: REKA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.3%).
Earnings vs Market: REKA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: REKA's is expected to become profitable in the next 3 years.
Revenue vs Market: REKA's revenue (8.2% per year) is forecast to grow faster than the Finnish market (3.5% per year).
High Growth Revenue: REKA's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if REKA's Return on Equity is forecast to be high in 3 years time
How has Reka Industrial Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: REKA is currently unprofitable.
Growing Profit Margin: REKA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: REKA is unprofitable, and losses have increased over the past 5 years at a rate of 8.5% per year.
Accelerating Growth: Unable to compare REKA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: REKA is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (5.6%).
Return on Equity
High ROE: REKA has a negative Return on Equity (-17.88%), as it is currently unprofitable.
How is Reka Industrial Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: REKA's short term assets (€31.6M) exceed its short term liabilities (€30.3M).
Long Term Liabilities: REKA's short term assets (€31.6M) do not cover its long term liabilities (€41.4M).
Debt to Equity History and Analysis
Debt Level: REKA's debt to equity ratio (499.8%) is considered high.
Reducing Debt: REKA's debt to equity ratio has increased from 337.7% to 499.8% over the past 5 years.
Debt Coverage: REKA's debt is not well covered by operating cash flow (20%).
Interest Coverage: REKA is unprofitable, therefore interest payments are not well covered by earnings.
What is Reka Industrial Oyj current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate REKA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate REKA'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 REKA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if REKA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: REKA is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of REKA's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jukka Poutanen (58 yo)
Mr. Jukka Poutanen, M. Sc. (Tech), MBA, has been Managing Director at Neo Industrial Plc since August 12, 2019 and has been its Chief Executive Officer since September 2019. Mr. Poutanen has versatile and ...
|Director||5.83yrs||no data||no data|
|Director||0.25yr||no data||no data|
|Vice Chairman of the Board||0.25yr||no data||no data|
|Director||0.25yr||no data||no data|
Experienced Board: REKA's board of directors are not considered experienced ( 0.3 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: Shareholders have not been meaningfully diluted in the past year.
Reka Industrial Oyj's company bio, employee growth, exchange listings and data sources
- Name: Reka Industrial Oyj
- Ticker: REKA
- Exchange: HLSE
- Founded: NaN
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: €22.912m
- Shares outstanding: 5.97m
- Website: https://www.rekaindustrial.fi
Number of Employees
- Reka Industrial Oyj
- Kankurinkatu 4-6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|REKA||HLSE (OMX Nordic Exchange Helsinki)||Yes||Series B Shares||FI||EUR||Dec 1992|
|0OEJ||LSE (London Stock Exchange)||Yes||Series B Shares||GB||EUR||Dec 1992|
Reka Industrial Oyj manufactures and sells cables in Finland, Sweden, Denmark, Norway, the Baltic countries, and Russia. It offers instrumentation cables; fire-resistant cables under the FlameRex; medium a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/02/26 19:03|
|End of Day Share Price||2021/02/26 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.