HLSE:ROBIT

Stock Analysis Report

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Executive Summary

Robit Oyj manufactures and sells drilling consumables for applications in mining, quarrying, construction, and well drilling industries. More Details


Snowflake Analysis

Adequate balance sheet with reasonable growth potential.

Share Price & News

How has Robit Oyj's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ROBIT is more volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ROBIT's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Finnish stocks.


Market Performance


7 Day Return

-4.0%

ROBIT

-2.4%

FI Machinery

-1.4%

FI Market


1 Year Return

110.4%

ROBIT

32.2%

FI Machinery

29.3%

FI Market

Return vs Industry: ROBIT exceeded the Finnish Machinery industry which returned 22.4% over the past year.

Return vs Market: ROBIT exceeded the Finnish Market which returned 18.5% over the past year.


Shareholder returns

ROBITIndustryMarket
7 Day-4.0%-2.4%-1.4%
30 Day-8.0%3.0%-1.4%
90 Day36.7%6.2%3.1%
1 Year110.4%110.4%46.5%32.2%38.8%29.3%
3 Year-25.4%-26.7%35.3%14.0%31.2%8.2%
5 Year-8.8%-12.0%69.4%33.5%72.1%34.0%

Long-Term Price Volatility Vs. Market

How volatile is Robit Oyj's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

2.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ROBIT (€4.84) is trading above our estimate of fair value (€4.83)

Significantly Below Fair Value: ROBIT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ROBIT is unprofitable, so we can't compare its PE Ratio to the FI Machinery industry average.

PE vs Market: ROBIT 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 ROBIT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ROBIT is good value based on its PB Ratio (2.2x) compared to the FI Machinery industry average (2.4x).


Next Steps

Future Growth

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

77.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ROBIT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.3%).

Earnings vs Market: ROBIT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ROBIT's is expected to become profitable in the next 3 years.

Revenue vs Market: ROBIT's revenue (8.8% per year) is forecast to grow faster than the Finnish market (3.8% per year).

High Growth Revenue: ROBIT's revenue (8.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ROBIT's Return on Equity is forecast to be low in 3 years time (13.9%).


Next Steps

  • Explore growth companies in the Capital Goods industry.

Past Performance

How has Robit Oyj performed over the past 5 years?

-41.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ROBIT is currently unprofitable.

Growing Profit Margin: ROBIT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ROBIT is unprofitable, and losses have increased over the past 5 years at a rate of 41.5% per year.

Accelerating Growth: Unable to compare ROBIT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ROBIT is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-32.9%).


Return on Equity

High ROE: ROBIT has a negative Return on Equity (-6.16%), as it is currently unprofitable.


Next Steps

Financial Health

How is Robit Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: ROBIT's short term assets (€68.0M) exceed its short term liabilities (€30.7M).

Long Term Liabilities: ROBIT's short term assets (€68.0M) exceed its long term liabilities (€25.8M).


Debt to Equity History and Analysis

Debt Level: ROBIT's debt to equity ratio (61.2%) is considered high.

Reducing Debt: ROBIT's debt to equity ratio has increased from 24.6% to 61.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ROBIT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ROBIT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.1% per year.


Next Steps

Dividend

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

2.75%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ROBIT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ROBIT'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 ROBIT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ROBIT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ROBIT is not paying a notable dividend for the Finnish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ROBIT's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.


Next Steps

  • Explore strong dividend paying companies in the Capital Goods industry.

Management

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

2.7yrs

Average management tenure


CEO

Tommi Lehtonen (50 yo)

1.83yrs

Tenure

€304,695

Compensation

Mr. Tommi Lehtonen M.Sc. serves as Group Chief Executive Officer of Robit Oyj since May 01, 2019. Mr. Lehtonen served as an Executive Vice President of Robit Plc since January 18, 2018 until May 01, 2019. ...


CEO Compensation Analysis

Compensation vs Market: Tommi's total compensation ($USD362.99K) is about average for companies of similar size in the Finnish market ($USD318.23K).

Compensation vs Earnings: Insufficient data to compare Tommi's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Tommi Lehtonen
Group Chief Executive Officer1.83yrs€304.70k0.073%
€ 76.5k
Arto Halonen
CFO & Deputy Group CEO0.83yrno data0.089%
€ 92.6k
Jaana Rinne
Group HR Director3.5yrsno data0.062%
€ 64.3k
Jari Gadd
Secretary5.58yrsno datano data
Ville Peltonen
Group Controllerno datano datano data
David Delorme
Vice President of Americas and General Manager of Robit Incno datano datano data

2.7yrs

Average Tenure

52yo

Average Age

Experienced Management: ROBIT's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Harri Sjöholm
Chairman of the Board2.25yrs€57.75k0.11%
€ 115.6k
Kai Öistämö
Board Advisor5.42yrsno datano data
Anne Leskela
Independent Director0.92yrno data0.015%
€ 16.0k
Marja Kaario
Independent Vice Chairman4.17yrs€42.75k0.091%
€ 94.6k
Hannu-Kalle Reponen
Independent Director9.17yrs€46.50k0.14%
€ 150.1k
Mikko Kuitunen
Independent Director2.25yrs€41.00k0.048%
€ 49.9k
Kim Gran
Independent Director0.92yrno data0.11%
€ 115.0k

2.3yrs

Average Tenure

57yo

Average Age

Experienced Board: ROBIT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Robit Oyj
  • Ticker: ROBIT
  • Exchange: HLSE
  • Founded: 1985
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: €104.242m
  • Shares outstanding: 21.06m
  • Website: https://www.robitgroup.com

Number of Employees


Location

  • Robit Oyj
  • Vikkiniityntie 9
  • Lempäälä
  • Pirkanmaa
  • 33880
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ROBITHLSE (OMX Nordic Exchange Helsinki)YesShare CapitalFIEURMay 2015
0RPGLSE (London Stock Exchange)YesShare CapitalGBEURMay 2015
RO3DB (Deutsche Boerse AG)YesShare CapitalDEEURMay 2015
ROBITHBATS-CHIXE (BATS 'Chi-X Europe')YesShare CapitalGBEURMay 2015

Biography

Robit Oyj manufactures and sells drilling consumables for applications in mining, quarrying, construction, and well drilling industries. The company offers top hammer drill strings for underground drifting...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 19:59
End of Day Share Price2021/03/08 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.