HLSE:CAV1V

Stock Analysis Report

Executive Summary

Caverion Oyj, together with its subsidiaries, operates as a service company in building systems, construction services, and services for industry.

Snowflake

Fundamentals

High growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-3.1%

HLSE:CAV1V

-3.3%

FI Commercial Services

1.0%

FI Market


1 Year Return

-14.5%

HLSE:CAV1V

-1.0%

FI Commercial Services

-2.2%

FI Market

CAV1V underperformed the Commercial Services industry which returned -1% over the past year.

CAV1V underperformed the Market in Finland which returned -2.2% over the past year.


Share holder returns

CAV1VIndustryMarket
7 Day-3.1%-3.3%1.0%
30 Day-3.0%0.5%4.0%
90 Day-10.4%-7.9%2.1%
1 Year-13.7%-14.5%2.2%-1.0%2.3%-2.2%
3 Year-5.8%-6.7%9.0%-1.2%31.5%16.3%
5 Year4.9%-1.8%28.2%8.5%57.6%27.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Caverion Oyj undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Caverion Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).

Caverion Oyj's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Caverion Oyj is loss making, we can't compare its value to the Europe Commercial Services industry average.

Caverion Oyj is loss making, we can't compare the value of its earnings to the Finland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Caverion Oyj, we can't assess if its growth is good value.


Price Based on Value of Assets

Caverion Oyj is overvalued based on assets compared to the FI Commercial Services industry average.


Next Steps

Future Growth

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

57.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Caverion Oyj's revenue is expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).

Caverion Oyj's earnings are expected to grow significantly at over 20% yearly.

Caverion Oyj's revenue growth is expected to exceed the Finland market average.

Caverion Oyj's earnings growth is expected to exceed the Finland market average.

Caverion Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.


Earnings per Share Growth Estimates


Future Return on Equity

Caverion Oyj is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Caverion Oyj performed over the past 5 years?

-57.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Caverion Oyj does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Caverion Oyj's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Caverion Oyj's 1-year growth to the Europe Commercial Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Caverion Oyj has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Caverion Oyj has efficiently used its assets last year compared to the Europe Commercial Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Caverion Oyj improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Caverion Oyj's financial position?


Financial Position Analysis

Caverion Oyj's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Caverion Oyj's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Caverion Oyj's level of debt (62.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (87% vs 62.4% today).

Debt is well covered by operating cash flow (54.3%, greater than 20% of total debt).

Caverion Oyj is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 5.1x debt.


Next Steps

Dividend

What is Caverion Oyj's current dividend yield, its reliability and sustainability?

3.47%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Caverion Oyj's pays a lower dividend yield than the bottom 25% of dividend payers in Finland (2.31%).

Caverion Oyj's dividend is below the markets top 25% of dividend payers in Finland (5.1%).

Caverion Oyj is not paying a notable dividend for Finland, therefore no need to check if the payments are stable.

Caverion Oyj is not paying a notable dividend for Finland, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Caverion Oyj's dividends as it is not paying a notable one for Finland.


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.8x coverage).


Next Steps

Management

What is the CEO of Caverion Oyj's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Ari Lehtoranta (56yo)

2.7yrs

Tenure

€804,035

Compensation

Mr. Ari Tapio Lehtoranta, M.Sc. (Eng.), serves as the Chief Executive Officer and President of Nokian Tyres, Inc. Mr. Lehtoranta has been Chief Executive Officer, President and Member of Management Board a ...


CEO Compensation Analysis

Ari's remuneration is lower than average for companies of similar size in Finland.

Ari's compensation has increased whilst company is loss making.


Management Age and Tenure

2.9yrs

Average Tenure

53yo

Average Age

The tenure for the Caverion Oyj management team is about average.


Board Age and Tenure

2.5yrs

Average Tenure

51yo

Average Age

The average tenure for the Caverion Oyj board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Anne Viitala (60yo)

    Head of Legal & Compliance

    • Tenure: 2.7yrs
  • Martti Ala-Härkönen (54yo)

    CFO of Finance

    • Tenure: 2.2yrs
  • Sakari Toikkanen (52yo)

    Interim Head of Division Industrial Solutions & Member of Management Board

    • Tenure: 6.3yrs
    • Compensation: €225.67k
  • Ari Lehtoranta (56yo)

    President

    • Tenure: 2.7yrs
    • Compensation: €804.04k
  • Jarno Hacklin (41yo)

    VP of Project Management & Execution Development and Member of Management Board

    • Tenure: 6.3yrs
  • Knut Gaaserud (52yo)

    Executive VP

    • Tenure: 6.3yrs
  • Manfred Simmet (53yo)

    Senior VP

    • Tenure: 6.3yrs
  • Minna Schrey-Hyppänen (53yo)

    Head of Human Resources & Safety and Member of Management Board

    • Tenure: 2.3yrs
  • Klas Tocklin (56yo)

    Executive VP

    • Tenure: 3.1yrs
  • Ville Tamminen (45yo)

    Executive VP of Caverion Finland & Member of Management Board

    • Tenure: 2.7yrs

Board Members

  • Antti Herlin (63yo)

    Director

    • Tenure: 2.5yrs
  • Joachim Hallengren (55yo)

    Director

    • Tenure: 2.5yrs
  • Thomas Hinnerskov (48yo)

    Director

    • Tenure: 2.5yrs
  • Anna Hyvönen (51yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: €56.15k
  • Jussi Aho (51yo)

    Director

    • Tenure: 2.5yrs
  • Markus Ehrnrooth (34yo)

    Vice Chairman

    • Tenure: 2.5yrs
    • Compensation: €57.25k
  • Mats Paulsson (61yo)

    Chairman of the Board

    • Tenure: 0.5yrs

Company Information

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


Key Information

  • Name: Caverion Oyj
  • Ticker: CAV1V
  • Exchange: HLSE
  • Founded: 2005
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: €796.801m
  • Shares outstanding: 135.97m
  • Website: https://www.caverion.com

Number of Employees


Location

  • Caverion Oyj
  • Torpantie 2
  • Vantaa
  • Uusimaa
  • 1650
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CAV1VHLSE (OMX Nordic Exchange Helsinki)YesShare CapitalFIEURJul 2013
0QFCLSE (London Stock Exchange)YesShare CapitalGBEURJul 2013
CAV1VHBATS-CHIXE (BATS 'Chi-X Europe')YesShare CapitalGBEURJul 2013
C7ODB (Deutsche Boerse AG)YesShare CapitalDEEURJul 2013

Biography

Caverion Oyj, together with its subsidiaries, operates as a service company in building systems, construction services, and services for industry. It designs, builds, operates, and maintains technical solu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 21:26
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.