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Market Cap

€400.6m

Last Updated

2021/04/19 17:36 UTC

Data Sources

Company Financials +

Executive Summary

Etteplan Oyj provides industrial equipment and plant engineering, software, embedded, and technical documentation solutions and services primarily in Finland, Sweden, China, and Central Europe. More Details


Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-3.1%

ETTE

1.5%

FI Professional Services

3.5%

FI Market


1 Year Return

106.4%

ETTE

49.3%

FI Professional Services

1.6%

FI Market

Return vs Industry: ETTE exceeded the Finnish Professional Services industry which returned 49.3% over the past year.

Return vs Market: ETTE exceeded the Finnish Market which returned 1.6% over the past year.


Shareholder returns

ETTEIndustryMarket
7 Day-3.1%1.5%3.5%
30 Day3.9%7.1%7.2%
90 Day2.6%4.0%5.9%
1 Year110.8%106.4%55.3%49.3%60.4%1.6%
3 Year127.3%103.7%93.5%76.1%46.4%-14.5%
5 Year283.3%209.6%253.2%192.4%93.8%5.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ETTE (€15.85) is trading below our estimate of fair value (€16.86)

Significantly Below Fair Value: ETTE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ETTE is good value based on its PE Ratio (23.1x) compared to the FI Professional Services industry average (42.7x).

PE vs Market: ETTE is good value based on its PE Ratio (23.1x) compared to the Finnish market (29x).


Price to Earnings Growth Ratio

PEG Ratio: ETTE is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: ETTE is overvalued based on its PB Ratio (4.5x) compared to the FI Professional Services industry average (2.6x).


Future Growth

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

8.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ETTE's forecast earnings growth (8.8% per year) is above the savings rate (0.3%).

Earnings vs Market: ETTE's earnings (8.8% per year) are forecast to grow slower than the Finnish market (17.6% per year).

High Growth Earnings: ETTE's earnings are forecast to grow, but not significantly.

Revenue vs Market: ETTE's revenue (6.1% per year) is forecast to grow faster than the Finnish market (4.2% per year).

High Growth Revenue: ETTE's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ETTE's Return on Equity is forecast to be low in 3 years time (19.6%).


Past Performance

How has Etteplan Oyj performed over the past 5 years?

21.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ETTE has high quality earnings.

Growing Profit Margin: ETTE's current net profit margins (6.6%) are lower than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: ETTE's earnings have grown significantly by 21.1% per year over the past 5 years.

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

Earnings vs Industry: ETTE had negative earnings growth (-1.8%) over the past year, making it difficult to compare to the Professional Services industry average (-1.4%).


Return on Equity

High ROE: ETTE's Return on Equity (19.6%) is considered low.


Financial Health

How is Etteplan Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: ETTE's short term assets (€81.6M) do not cover its short term liabilities (€102.8M).

Long Term Liabilities: ETTE's short term assets (€81.6M) exceed its long term liabilities (€28.0M).


Debt to Equity History and Analysis

Debt Level: ETTE's debt to equity ratio (46.5%) is considered high.

Reducing Debt: ETTE's debt to equity ratio has reduced from 61.8% to 46.5% over the past 5 years.

Debt Coverage: ETTE's debt is well covered by operating cash flow (93.9%).

Interest Coverage: ETTE's interest payments on its debt are well covered by EBIT (24.7x coverage).


Balance Sheet


Dividend

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

2.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ETTE's dividend (2.15%) is higher than the bottom 25% of dividend payers in the Finnish market (1.73%).

High Dividend: ETTE's dividend (2.15%) is low compared to the top 25% of dividend payers in the Finnish market (3.65%).


Stability and Growth of Payments

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

Growing Dividend: ETTE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.5%), ETTE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ETTE's dividends in 3 years are forecast to be covered by earnings (50.9% payout ratio).


Next Steps

Management

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

6.3yrs

Average management tenure


CEO

Juha Näkki (47 yo)

9.25yrs

Tenure

€522,000

Compensation

Mr. Juha Näkki, M.Sc. (Eng.) has been the President and Chief Executive Officer at Etteplan Oyj since 2012. Mr. Näkki has been the Chairman of the Management Group at Etteplan Oyj since 2012 and also as it...


CEO Compensation Analysis

Compensation vs Market: Juha's total compensation ($USD627.93K) is about average for companies of similar size in the Finnish market ($USD640.59K).

Compensation vs Earnings: Juha's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ETTE's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: ETTE's board of directors are considered experienced (6.1 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

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


Key Information

  • Name: Etteplan Oyj
  • Ticker: ETTE
  • Exchange: HLSE
  • Founded: 1983
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: €400.637m
  • Shares outstanding: 24.88m
  • Website: https://www.etteplan.com

Number of Employees


Location

  • Etteplan Oyj
  • Ensimmäinen savu
  • Vantaa
  • Uusimaa
  • 1510
  • Finland

Listings


Biography

Etteplan Oyj provides industrial equipment and plant engineering, software, embedded, and technical documentation solutions and services primarily in Finland, Sweden, China, and Central Europe. The company...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 17:36
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
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.