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.
+ 1 more risk
Mediocre 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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: YIT exceeded the Finnish Construction industry which returned -7.6% over the past year.
Return vs Market: YIT matched the Finnish Market which returned 3.9% over the past year.
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
3 months ago | Simply Wall StTread With Caution Around YIT Oyj's (HEL:YIT) 4.4% Dividend Yield
4 months ago | Simply Wall StThe YIT Oyj (HEL:YIT) Share Price Has Gained 19% And Shareholders Are Hoping For More
5 months ago | Simply Wall StDo Institutions Own YIT Oyj (HEL:YIT) Shares?
Is YIT Oyj undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: YIT (€4.97) is trading below our estimate of fair value (€6.66)
Significantly Below Fair Value: YIT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: YIT is poor value based on its PE Ratio (77.8x) compared to the Construction industry average (11x).
PE vs Market: YIT is poor value based on its PE Ratio (77.8x) compared to the Finnish market (19.6x).
Price to Earnings Growth Ratio
PEG Ratio: YIT is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: YIT is overvalued based on its PB Ratio (1.1x) compared to the XE Construction industry average (1x).
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 (42.1% per year) is above the savings rate (0.4%).
Earnings vs Market: YIT's earnings (42.1% per year) are forecast to grow faster than the Finnish market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: YIT's revenue is expected to decline over the next 3 years (-0.7% per year).
High Growth Revenue: YIT's revenue is forecast to decline over the next 3 years (-0.7% 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 (9.2%).
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 gain of €83.3M impacting its March 31 2020 financial results.
Growing Profit Margin: YIT's current net profit margins (0.4%) are lower than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: YIT's earnings have declined by -21.2% 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 (-71.7%) over the past year, making it difficult to compare to the Construction industry average (6.9%).
Return on Equity
High ROE: YIT's Return on Equity (1.5%) is considered low.
How is YIT Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: YIT's short term assets (€2.7B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: YIT's short term assets (€2.7B) exceed its long term liabilities (€728.0M).
Debt to Equity History and Analysis
Debt Level: YIT's debt to equity ratio (99.4%) is considered high.
Reducing Debt: YIT's debt to equity ratio has reduced from 137.4% to 99.4% over the past 5 years.
Debt Coverage: YIT's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: Insufficient data to determine if YIT's interest payments on its debt are well covered by EBIT.
What is YIT Oyj's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: YIT's dividend (5.63%) is higher than the bottom 25% of dividend payers in the Finnish market (2.45%).
High Dividend: YIT's dividend (5.63%) is in the top 25% of dividend payers in the Finnish market (5.05%)
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 (437.7%), 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 covered by earnings (66.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kari Kauniskangas (45yo)
Mr. Kari Kauniskangas, M.Sc. (Eng.), B.Sc. (Econ.) serves as the Supervisory Board member of Keskinäinen työeläkevakuutusyhtiö Varma since March 15, 2018. He serves as the Chairman of Management Board and ...
CEO Compensation Analysis
Compensation vs Market: Kari's total compensation ($USD0.00) is below average for companies of similar size in the Finnish market ($USD689.82K).
Compensation vs Earnings: Kari's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chairman of Management Board||6.92yrs||€841.82k||0.048% €495.0k|
|CFO, Member of Management Board and Deputy to President & CEO||2.33yrs||no data||0.028% €294.4k|
|Executive VP of Urban development & Member of Group Management Board||3.67yrs||no data||0.0023% €23.5k|
|Executive VP of Human Resources & Member of Management Board||8.5yrs||no data||0.011% €111.5k|
|Executive VP of Operations Development & Member of Management Board||6.92yrs||no data||0.0092% €95.4k|
|Executive VP of Housing Russia Segment & Member of Management Board||no data||no data||0.014% €142.3k|
|Executive VP of Housing Finland & CEE Segment and Member of Management Board||5.42yrs||no data||0.010% €107.3k|
|EVP of Partnership Properties Segment & Member of Management Board||3.58yrs||no data||0.00030% €3.1k|
|Executive VP of Infrastructure Projects Segment & Member of Management Board||no data||no data||0.0098% €101.9k|
|Executive VP of Business Premises Segment & Member of Management Board||0.083yr||no data||no data|
Experienced Management: YIT's management team is considered experienced (4.5 years average tenure).
|Director||1.25yrs||no data||0.0018% €18.4k|
|Independent Chairman||2.25yrs||no data||0.016% €162.6k|
|Independent Director||3.25yrs||€54.50k||0.0047% €48.5k|
|Independent Director||1.25yrs||no data||0.0018% €18.4k|
|Independent Director||2.33yrs||no data||1.32% €13.6m|
|Independent Vice Chairman||2.25yrs||no data||0.011% €113.1k|
|Independent Director||2.25yrs||no data||0.0042% €43.2k|
|Independent Director||1.25yrs||no data||0.0018% €18.4k|
Experienced Board: YIT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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: €1.035b
- Shares outstanding: 209.06m
- Website: https://www.yitgroup.com
Number of Employees
- YIT Oyj
- Panuntie 11
- PO Box 36
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|YITY.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 1994|
|YIT||HLSE (OMX Nordic Exchange Helsinki)||Yes||Ordinary Shares||FI||EUR||May 1994|
|YIT||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 1994|
|0GKA||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||May 1994|
|YITH||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||May 1994|
|YITY.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Oct 2008|
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. It also constructs roads, bridges, tunnels, rail and metro stations, ports, and parking facilities, as well as energy, water supply, and industrial plants; offers mining and reinforcement, and tunneling services, as well as undertakes civil engineering, earthworks, and foundation works; and produces asphalt, and re-used asphalt pavements and surfaces, as well as provides solutions for the paving industry. In addition, the company offers construction machinery and equipment rental, and IT services. YIT Oyj was founded in 1912 and is headquartered in Helsinki, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 21:35|
|End of Day Share Price||2020/06/01 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.