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
Adequate balance sheet with moderate growth potential.
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.
7 Day Return
1 Year Return
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.
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
1 week ago | Simply Wall StAt €5.57, Is YIT Oyj (HEL:YIT) Worth Looking At Closely?
1 month ago | Simply Wall StIs YIT Oyj (HEL:YIT) Using Too Much Debt?
7 months ago | Simply Wall StYIT Oyj (HEL:YIT) Share Prices Have Dropped 26% In The Last Three Years
Is YIT Oyj undervalued compared to its fair value and its price relative to the market?
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.
How is YIT Oyj forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
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%).
How has YIT Oyj performed over the past 5 years?
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.
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).
What is YIT Oyj current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
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).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Markku Moilanen (59 yo)
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...
Experienced Management: YIT's management team is considered experienced (3.3 years average tenure).
Experienced Board: YIT's board of directors are considered experienced (3.2 years average tenure).
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.
YIT Oyj's company bio, employee growth, exchange listings and data sources
- 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
- YIT Oyj
- Panuntie 11
- PO Box 36
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/17 19:55|
|End of Day Share Price||2021/05/17 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.