Etteplan Oyj
Market Cap
€219.0m
Last Updated
2020/08/03 21:26 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.
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet and pays a dividend.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.7%
ETTE
2.7%
FI Professional Services
0.6%
FI Market
1 Year Return
-7.2%
ETTE
24.1%
FI Professional Services
2.7%
FI Market
Return vs Industry: ETTE underperformed the Finnish Professional Services industry which returned 22.6% over the past year.
Return vs Market: ETTE underperformed the Finnish Market which returned -2.4% over the past year.
Shareholder returns
| ETTE | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | 2.7% | 0.6% |
| 30 Day | -2.7% | 3.0% | 5.0% |
| 90 Day | 9.5% | 18.9% | 11.9% |
| 1 Year | -2.2%-7.2% | 27.3%24.1% | 11.8%2.7% |
| 3 Year | 15.5%2.7% | 83.8%67.3% | 16.7%-2.2% |
| 5 Year | 167.0%113.6% | 234.0%173.1% | 41.9%12.2% |
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
4 months ago | Simply Wall St
A Sliding Share Price Has Us Looking At Etteplan Oyj's (HEL:ETTE) P/E Ratio4 months ago | Simply Wall St
What Does Etteplan Oyj's (HEL:ETTE) Share Price Indicate?5 months ago | Simply Wall St
Do Etteplan Oyj's (HEL:ETTE) Earnings Warrant Your Attention?Valuation
Is Etteplan Oyj undervalued compared to its fair value and its price relative to the market?
20.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ETTE (€8.8) is trading below our estimate of fair value (€11.09)
Significantly Below Fair Value: ETTE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ETTE is good value based on its PE Ratio (12.6x) compared to the FI Professional Services industry average (22.2x).
PE vs Market: ETTE is good value based on its PE Ratio (12.6x) compared to the Finnish market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: ETTE is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: ETTE's PB Ratio (2.8x) is in line with the FI Professional Services industry average.
Next Steps
Future Growth
How is Etteplan Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
11.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ETTE's forecast earnings growth (11.4% per year) is above the savings rate (0.4%).
Earnings vs Market: ETTE's earnings (11.4% per year) are forecast to grow slower than the Finnish market (13.1% per year).
High Growth Earnings: ETTE's earnings are forecast to grow, but not significantly.
Revenue vs Market: ETTE's revenue (5.8% per year) is forecast to grow faster than the Finnish market (5.1% per year).
High Growth Revenue: ETTE's revenue (5.8% 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 (18.6%).
Next Steps
Past Performance
How has Etteplan Oyj performed over the past 5 years?
24.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ETTE has high quality earnings.
Growing Profit Margin: ETTE's current net profit margins (6.4%) are lower than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: ETTE's earnings have grown significantly by 24.8% per year over the past 5 years.
Accelerating Growth: ETTE's earnings growth over the past year (6%) is below its 5-year average (24.8% per year).
Earnings vs Industry: ETTE earnings growth over the past year (6%) underperformed the Professional Services industry 6%.
Return on Equity
High ROE: ETTE's Return on Equity (21.9%) is considered high.
Next Steps
Financial Health
How is Etteplan Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: ETTE's short term assets (€76.4M) do not cover its short term liabilities (€81.0M).
Long Term Liabilities: ETTE's short term assets (€76.4M) exceed its long term liabilities (€40.2M).
Debt to Equity History and Analysis
Debt Level: ETTE's debt to equity ratio (50.3%) is considered high.
Reducing Debt: ETTE's debt to equity ratio has reduced from 64.3% to 50.3% over the past 5 years.
Debt Coverage: ETTE's debt is well covered by operating cash flow (74.8%).
Interest Coverage: ETTE's interest payments on its debt are well covered by EBIT (29.3x coverage).
Balance Sheet
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Dividend
What is Etteplan Oyj current dividend yield, its reliability and sustainability?
3.98%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ETTE's dividend (3.98%) is higher than the bottom 25% of dividend payers in the Finnish market (2.35%).
High Dividend: ETTE's dividend (3.98%) is low compared to the top 25% of dividend payers in the Finnish market (4.93%).
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 (50%), 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 well covered by earnings (43.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average management tenure
CEO
Juha Näkki (47 yo)
8.58yrs
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 ($USD613.11K) is about average for companies of similar size in the Finnish market ($USD597.49K).
Compensation vs Earnings: Juha's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.58yrs | €522.00k | 0.42% € 923.5k | |
| CFO, Management Group Member & Senior VP of Finance | 11.58yrs | no data | no data | |
| Senior VP of Operational Excellence & Management Group Member | 8.58yrs | no data | no data | |
| Senior VP of Technical Documentation Solutions & Management Group Member | 8.58yrs | no data | no data | |
| Senior VP of Solutions & Technologies and Management Group Member | 5.58yrs | €8.00k | no data | |
| Senior VP of Engineering Solutions & Management Group Member | 5.58yrs | no data | no data | |
| Senior VP of Communications & Marketing and Management Group Member | 4.58yrs | no data | no data | |
| Senior VP of Global Sales & Management Group Member | 1.58yrs | no data | no data | |
| Senior VP of Human Resources & Member of Management Group | 1yr | no data | no data |
5.6yrs
Average Tenure
55yo
Average Age
Experienced Management: ETTE's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 6.75yrs | €39.00k | no data | |
| Independent Chairman of the Board | 7.58yrs | €75.00k | no data | |
| Independent Director | 5.42yrs | €37.00k | no data | |
| Independent Director | 3.33yrs | €37.00k | no data | |
| Independent Director | 0.33yr | no data | no data |
5.4yrs
Average Tenure
56yo
Average Age
Experienced Board: ETTE's board of directors are considered experienced (5.4 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: €218.982m
- Shares outstanding: 24.88m
- Website: https://www.etteplan.com
Number of Employees
Location
- Etteplan Oyj
- Ensimmäinen savu
- Vantaa
- Uusimaa
- 1510
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EPL | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Apr 2000 |
| ETTE | HLSE (OMX Nordic Exchange Helsinki) | Yes | Ordinary Shares | FI | EUR | Apr 2000 |
| 0EDL | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Apr 2000 |
| ETTEH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Apr 2000 |
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 | 2020/08/03 21:26 |
| End of Day Share Price | 2020/08/03 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.