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SITO

Sitowise Group Oyj HLSE:SITOWS Stock Report

Last Price

€5.65

Market Cap

€200.3m

7D

3.7%

1Y

-35.4%

Updated

14 Aug, 2022

Data

Company Financials +
SITOWS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends2/6

SITOWS Stock Overview

Sitowise Group Oyj provides buildings, infrastructure, and digital solutions in Finland, Sweden, and internationally.

Sitowise Group Oyj Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sitowise Group Oyj
Historical stock prices
Current Share Price€5.65
52 Week High€8.94
52 Week Low€4.69
Beta0
1 Month Change5.81%
3 Month Change-2.42%
1 Year Change-35.43%
3 Year Changen/a
5 Year Changen/a
Change since IPO-31.16%

Recent News & Updates

Jun 19
Take Care Before Diving Into The Deep End On Sitowise Group Oyj (HEL:SITOWS)

Take Care Before Diving Into The Deep End On Sitowise Group Oyj (HEL:SITOWS)

With a median price-to-earnings (or "P/E") ratio of close to 16x in Finland, you could be forgiven for feeling...

Shareholder Returns

SITOWSFI ConstructionFI Market
7D3.7%2.7%1.9%
1Y-35.4%-31.6%-18.7%

Return vs Industry: SITOWS underperformed the Finnish Construction industry which returned -31.6% over the past year.

Return vs Market: SITOWS underperformed the Finnish Market which returned -18.7% over the past year.

Price Volatility

Is SITOWS's price volatile compared to industry and market?
SITOWS volatility
SITOWS Average Weekly Movement5.4%
Construction Industry Average Movement5.6%
Market Average Movement5.0%
10% most volatile stocks in FI Market8.8%
10% least volatile stocks in FI Market3.3%

Stable Share Price: SITOWS is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SITOWS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20162,054Heikki Haasmaahttps://www.sitowise.com

Sitowise Group Oyj provides buildings, infrastructure, and digital solutions in Finland, Sweden, and internationally. The company offers structural, HVAC, and electrical and telecommunications engineering, as well as energy, automation, acoustics, fire safety, architecture, condition assessments and survey, construction contracting and supervision, professional kitchen, and hospital equipment design solutions for buildings. It also provides road and railway design, and land use; bridge design; geo-planning and geological survey; transport planning and survey; rock and tunnel planning; street and urban spaces, and urban design; landscape architecture solutions; and streets and municipal infrastructure engineering and water services, as well as studies and surveys related to the environment, nature, noise, and chemicals for infrastructures.

Sitowise Group Oyj Fundamentals Summary

How do Sitowise Group Oyj's earnings and revenue compare to its market cap?
SITOWS fundamental statistics
Market Cap€200.31m
Earnings (TTM)€9.76m
Revenue (TTM)€185.72m

20.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SITOWS income statement (TTM)
Revenue€185.72m
Cost of Revenue€135.10m
Gross Profit€50.62m
Other Expenses€40.86m
Earnings€9.76m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 17, 2022

Earnings per share (EPS)0.28
Gross Margin27.25%
Net Profit Margin5.25%
Debt/Equity Ratio42.9%

How did SITOWS perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

36%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SITOWS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SITOWS?

Other financial metrics that can be useful for relative valuation.

SITOWS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.4x
Enterprise Value/EBITDA13.5x
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

How does SITOWS's PE Ratio compare to its peers?

SITOWS PE Ratio vs Peers
The above table shows the PE ratio for SITOWS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.3x
KREATE Kreate Group Oyj
10.5x9.6%€82.1m
CONSTI Consti Oyj
11.5x12.1%€77.0m
RELAIS Relais Group Oyj
70.7x28.6%€227.6m
ASPO Aspo Oyj
8.4x11.4%€261.8m
SITOWS Sitowise Group Oyj
20.5x16.2%€200.3m

Price-To-Earnings vs Peers: SITOWS is good value based on its Price-To-Earnings Ratio (20.5x) compared to the peer average (25.3x).


Price to Earnings Ratio vs Industry

How does SITOWS's PE Ratio compare vs other companies in the European Construction Industry?

Price-To-Earnings vs Industry: SITOWS is expensive based on its Price-To-Earnings Ratio (20.5x) compared to the European Construction industry average (11.5x)


Price to Earnings Ratio vs Fair Ratio

What is SITOWS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SITOWS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.5x
Fair PE Ratio17.8x

Price-To-Earnings vs Fair Ratio: SITOWS is expensive based on its Price-To-Earnings Ratio (20.5x) compared to the estimated Fair Price-To-Earnings Ratio (17.8x).


Share Price vs Fair Value

What is the Fair Price of SITOWS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SITOWS (€5.65) is trading below our estimate of fair value (€10.46)

Significantly Below Fair Value: SITOWS is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Sitowise Group Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SITOWS's forecast earnings growth (16.2% per year) is above the savings rate (0.2%).

Earnings vs Market: SITOWS's earnings (16.2% per year) are forecast to grow faster than the Finnish market (7.9% per year).

High Growth Earnings: SITOWS's earnings are forecast to grow, but not significantly.

Revenue vs Market: SITOWS's revenue (5% per year) is forecast to grow faster than the Finnish market (1.7% per year).

High Growth Revenue: SITOWS's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SITOWS's Return on Equity is forecast to be low in 3 years time (12.8%).


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Past Performance

How has Sitowise Group Oyj performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


18.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SITOWS has high quality earnings.

Growing Profit Margin: SITOWS's current net profit margins (5.3%) are lower than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: SITOWS's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: SITOWS's earnings growth over the past year (0.5%) is below its 5-year average (18.5% per year).

Earnings vs Industry: SITOWS earnings growth over the past year (0.5%) underperformed the Construction industry 34.4%.


Return on Equity

High ROE: SITOWS's Return on Equity (8.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Sitowise Group Oyj's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SITOWS's short term assets (€67.1M) exceed its short term liabilities (€59.7M).

Long Term Liabilities: SITOWS's short term assets (€67.1M) do not cover its long term liabilities (€71.2M).


Debt to Equity History and Analysis

Debt Level: SITOWS's net debt to equity ratio (28.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SITOWS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SITOWS's debt is well covered by operating cash flow (38.8%).

Interest Coverage: SITOWS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.77%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SITOWS's dividend (1.77%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (2.36%).

High Dividend: SITOWS's dividend (1.77%) is low compared to the top 25% of dividend payers in the Finnish market (4.73%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether SITOWS's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if SITOWS's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.5%), SITOWS's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20%), SITOWS's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

1.6yrs

Average management tenure


CEO

Heikki Haasmaa (44 yo)

0.25

Tenure

Mr. Heikki Haasmaa, M.Sc., serves as a Senior Vice President of Maintenance Business at KONE Corporation since 2017. Prior to his role, he has worked in KONE for 19 years in multiple international manageme...


Leadership Team

Experienced Management: SITOWS's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


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

Sitowise Group Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: Sitowise Group Oyj
  • Ticker: SITOWS
  • Exchange: HLSE
  • Founded: 2016
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: €200.310m
  • Shares outstanding: 35.45m
  • Website: https://www.sitowise.com

Number of Employees


Location

  • Sitowise Group Oyj
  • Linnoitustie 6 D
  • Espoo
  • Uusimaa
  • 2600
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/14 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.