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Market Cap

€1.1b

Last Updated

2021/05/17 19:55 UTC

Data Sources

Company Financials +

Executive Summary

YIT Oyj provides construction services for industrial and public sectors, and residential customers primarily in Finland, Russia, the Baltic countries, the Czech Republic, Poland, and Slovakia. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: YIT is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: YIT's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-4.2%

YIT

-4.2%

FI Construction

-0.7%

FI Market


1 Year Return

14.6%

YIT

24.0%

FI Construction

33.5%

FI Market

Return vs Industry: YIT underperformed the Finnish Construction industry which returned 30.7% over the past year.

Return vs Market: YIT underperformed the Finnish Market which returned 38.6% over the past year.


Shareholder returns

YITIndustryMarket
7 Day-4.2%-4.2%-0.7%
30 Day16.2%5.8%0.6%
90 Day12.2%9.1%2.4%
1 Year21.9%14.6%29.3%24.0%42.8%33.5%
3 Year15.7%0.4%8.0%-2.1%31.2%9.8%
5 Year9.4%-11.5%31.5%12.3%90.9%51.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

274.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: YIT (€5.35) is trading above our estimate of fair value (€4.96)

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


Price To Earnings Ratio

PE vs Industry: YIT is poor value based on its PE Ratio (274.8x) compared to the European Construction industry average (14.5x).

PE vs Market: YIT is poor value based on its PE Ratio (274.8x) compared to the Finnish market (24.9x).


Price to Earnings Growth Ratio

PEG Ratio: YIT is poor value based on its PEG Ratio (7.3x)


Price to Book Ratio

PB vs Industry: YIT's PB Ratio (1.1x) is in line with the FI Construction industry average.


Future Growth

How is YIT Oyj forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

37.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: YIT's forecast earnings growth (37.4% per year) is above the savings rate (0.2%).

Earnings vs Market: YIT's earnings (37.4% per year) are forecast to grow faster than the Finnish market (11.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: YIT's revenue (1.2% per year) is forecast to grow slower than the Finnish market (3.2% per year).

High Growth Revenue: YIT's revenue (1.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: YIT's Return on Equity is forecast to be low in 3 years time (10%).


Past Performance

How has YIT Oyj performed over the past 5 years?

-0.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YIT has a large one-off loss of €13.0M impacting its March 31 2021 financial results.

Growing Profit Margin: YIT's current net profit margins (0.1%) are lower than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: YIT's earnings have declined by 0.9% per year over the past 5 years.

Accelerating Growth: YIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: YIT had negative earnings growth (-71.4%) over the past year, making it difficult to compare to the Construction industry average (1%).


Return on Equity

High ROE: YIT's Return on Equity (0.4%) is considered low.


Financial Health

How is YIT Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: YIT's short term assets (€2.5B) exceed its short term liabilities (€1.7B).

Long Term Liabilities: YIT's short term assets (€2.5B) exceed its long term liabilities (€551.0M).


Debt to Equity History and Analysis

Debt Level: YIT's debt to equity ratio (79.7%) is considered high.

Reducing Debt: YIT's debt to equity ratio has reduced from 132.2% to 79.7% over the past 5 years.

Debt Coverage: YIT's debt is well covered by operating cash flow (21.3%).

Interest Coverage: YIT's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Dividend

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

2.62%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 18 2021Ex Dividend DateSep 30 2021Dividend Pay DateOct 12 202112 days from Ex DividendBuy in the next 134 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: YIT's dividend (2.62%) is higher than the bottom 25% of dividend payers in the Finnish market (1.78%).

High Dividend: YIT's dividend (2.62%) is low compared to the top 25% of dividend payers in the Finnish market (3.73%).


Stability and Growth of Payments

Stable Dividend: YIT's dividend payments have been volatile in the past 10 years.

Growing Dividend: YIT's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (719.7%), YIT's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: YIT's dividends in 3 years are forecast to be well covered by earnings (47.2% payout ratio).


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Markku Moilanen (59 yo)

0.083

Tenure

Mr. Markku Moilanen, Ph.D., DSc (Tech.) serves as Member of Supervisory Board of Ilmarinen Mutual Pension Insurance Company since 2021. He serves as President and Chief Executive Officer at YIT Oyj since 1...


Leadership Team

Experienced Management: YIT's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: YIT's board of directors are considered experienced (3.2 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

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


Key Information

  • Name: YIT Oyj
  • Ticker: YIT
  • Exchange: HLSE
  • Founded: 1912
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €1.119b
  • Shares outstanding: 209.12m
  • Website: https://www.yitgroup.com

Number of Employees


Location

  • YIT Oyj
  • Panuntie 11
  • PO Box 36
  • Helsinki
  • Uusimaa
  • 621
  • Finland

Listings


Biography

YIT Oyj provides construction services for industrial and public sectors, and residential customers primarily in Finland, Russia, the Baltic countries, the Czech Republic, Poland, and Slovakia. It operates...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/17 19:55
End of Day Share Price2021/05/17 00:00
Earnings2021/03/31
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.