Etteplan Oyj
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
Rewards
Risk Analysis
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
| ETTE | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | 1.5% | 3.5% |
| 30 Day | 3.9% | 7.1% | 7.2% |
| 90 Day | 2.6% | 4.0% | 5.9% |
| 1 Year | 110.8%106.4% | 55.3%49.3% | 60.4%1.6% |
| 3 Year | 127.3%103.7% | 93.5%76.1% | 46.4%-14.5% |
| 5 Year | 283.3%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
2 days ago | Simply Wall St
Is Etteplan Oyj's (HEL:ETTE) Latest Stock Performance A Reflection Of Its Financial Health?2 weeks ago | Simply Wall St
Etteplan Oyj (HEL:ETTE) Could Be A Buy For Its Upcoming Dividend4 weeks ago | Simply Wall St
Should You Investigate Etteplan Oyj (HEL:ETTE) At €15.25?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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 17:36 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.