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YIT

YIT OyjHLSE:YIT Stock Report

Last Price

€4.62

Market Cap

€967.0m

7D

-1.4%

1Y

-6.1%

Updated

21 Jan, 2022

Data

Company Financials +
YIT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends3/6

YIT Stock Overview

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.

YIT Oyj Competitors

SRV Yhtiöt Oyj

HLSE:SRV1V

€132.4m

Lehto Group Oyj

HLSE:LEHTO

€72.1m

VINCI

ENXTPA:DG

€56.1b

CRH

ISE:CRG

€35.6b

Price History & Performance

Summary of all time highs, changes and price drops for YIT Oyj
Historical stock prices
Current Share Price€4.62
52 Week High€5.68
52 Week Low€4.21
Beta1.26
1 Month Change7.99%
3 Month Change0.96%
1 Year Change-6.13%
3 Year Change-20.35%
5 Year Change-38.10%
Change since IPO253.02%

Recent News & Updates

Jan 09
YIT Oyj's (HEL:YIT) Intrinsic Value Is Potentially 21% Below Its Share Price

YIT Oyj's (HEL:YIT) Intrinsic Value Is Potentially 21% Below Its Share Price

How far off is YIT Oyj ( HEL:YIT ) from its intrinsic value? Using the most recent financial data, we'll take a look at...

Oct 31
Is Now The Time To Look At Buying YIT Oyj (HEL:YIT)?

Is Now The Time To Look At Buying YIT Oyj (HEL:YIT)?

YIT Oyj ( HEL:YIT ), is not the largest company out there, but it saw a double-digit share price rise of over 10% in...

Shareholder Returns

YITFI ConstructionFI Market
7D-1.4%-0.1%-0.6%
1Y-6.1%14.1%7.0%

Return vs Industry: YIT underperformed the Finnish Construction industry which returned 14.1% over the past year.

Return vs Market: YIT underperformed the Finnish Market which returned 7% over the past year.

Price Volatility

Is YIT's price volatile compared to industry and market?
YIT volatility
YIT Average Weekly Movement5.4%
Construction Industry Average Movement4.5%
Market Average Movement4.3%
10% most volatile stocks in FI Market7.1%
10% least volatile stocks in FI Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
19127,400Markku Moilanenhttps://www.yitgroup.com

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 through three segments: Housing Finland and CEE, Housing Russia, and Business Premises and Infrastructure. The company develops and constructs housing, holiday homes, apartments, and various residential areas, as well as offices, shopping malls, public facilities and buildings, assisted living facilities, production and logistics premises, and other business premises; maintains property; undertakes renovation projects; and provides road and street maintenance services.

YIT Oyj Fundamentals Summary

How do YIT Oyj's earnings and revenue compare to its market cap?
YIT fundamental statistics
Market Cap€966.97m
Earnings (TTM)€45.00m
Revenue (TTM)€2.90b

21.5x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
YIT income statement (TTM)
Revenue€2.90b
Cost of Revenue€582.00m
Gross Profit€2.32b
Expenses€2.28b
Earnings€45.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 04, 2022

Earnings per share (EPS)0.22
Gross Margin79.94%
Net Profit Margin1.55%
Debt/Equity Ratio51.2%

How did YIT perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

83%

Payout Ratio

Valuation

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

21.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: YIT (€4.62) is trading above our estimate of fair value (€3.42)

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 (21.5x) compared to the European Construction industry average (16.1x).

PE vs Market: YIT is good value based on its PE Ratio (21.5x) compared to the Finnish market (23.9x).


Price to Earnings Growth Ratio

PEG Ratio: YIT is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: YIT's PB Ratio (0.9x) 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 5 analysts?

30.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: YIT's forecast earnings growth (30.5% per year) is above the savings rate (0.2%).

Earnings vs Market: YIT's earnings (30.5% per year) are forecast to grow faster than the Finnish market (4.5% 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 (3.7% 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 (9.7%).


Past Performance

How has YIT Oyj performed over the past 5 years?

8.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YIT has high quality earnings.

Growing Profit Margin: YIT's current net profit margins (1.6%) are higher than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: YIT has become profitable over the past 5 years, growing earnings by 8% per year.

Accelerating Growth: YIT's earnings growth over the past year (181.3%) exceeds its 5-year average (8% per year).

Earnings vs Industry: YIT earnings growth over the past year (181.3%) exceeded the Construction industry 26.3%.


Return on Equity

High ROE: YIT's Return on Equity (4.4%) is considered low.


Financial Health

How is YIT Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: YIT's short term assets (€2.3B) exceed its short term liabilities (€1.4B).

Long Term Liabilities: YIT's short term assets (€2.3B) exceed its long term liabilities (€620.0M).


Debt to Equity History and Analysis

Debt Level: YIT's net debt to equity ratio (22.7%) is considered satisfactory.

Reducing Debt: YIT's debt to equity ratio has reduced from 131.3% to 51.2% over the past 5 years.

Debt Coverage: YIT's debt is well covered by operating cash flow (55%).

Interest Coverage: YIT's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


Dividend

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

3.03%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: YIT's dividend (3.03%) is higher than the bottom 25% of dividend payers in the Finnish market (1.67%).

High Dividend: YIT's dividend (3.03%) is low compared to the top 25% of dividend payers in the Finnish market (3.59%).


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: At its current payout ratio (82.5%), YIT's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: YIT's dividends in 3 years are forecast to be covered by earnings (57.9% payout ratio).


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Markku Moilanen (60 yo)

0.75

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 not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: YIT's board of directors are considered experienced (3.8 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 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
  • Implied Market Cap: €966.966m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 21:17
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
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.