Talenom Oyj
Talenom Oyj provides accounting services for small and medium enterprises in Finland. The last earnings update was 165 days ago. More info.
Add to Portfolio Compare Print
TNOM Share Price and Events
7 Day Returns
1 Year Returns
TNOM Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Talenom Oyj (TNOM) | 0.9% | 0% | 7.6% | 121.5% | 493.4% | - |
| FI Professional Services | -0.2% | 3.3% | 4.1% | 25.4% | 120.3% | 118.6% |
| FI Market | -1% | -0.9% | -4.4% | -6.2% | 14.2% | 23.3% |
1 Year Return vs Industry and Market
- TNOM outperformed the Professional Services industry which returned 25.4% over the past year.
- TNOM outperformed the Market in Finland which returned -6.2% over the past year.
Value
Is Talenom Oyj undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Talenom Oyj
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Talenom Oyj.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 2 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 6.7% |
| Perpetual Growth Rate | 10-Year FI Government Bond Rate | 0.5% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year FI Govt Bond Rate | 0.5% |
| Equity Risk Premium | S&P Global | 6.5% |
| Professional Services Unlevered Beta | Simply Wall St/ S&P Global | 0.85 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.852 (1 + (1- 20%) (9.97%)) |
0.946 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.95 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (0.946 * 6.51%) |
6.7% |
Discounted Cash Flow Calculation for HLSE:TNOM using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Talenom Oyj is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 6.7%) |
|
|---|---|---|---|
| 2020 | 7.15 | Analyst x2 | 6.70 |
| 2021 | 9.60 | Analyst x2 | 8.43 |
| 2022 | 11.60 | Analyst x2 | 9.55 |
| 2023 | 12.10 | Analyst x2 | 9.33 |
| 2024 | 12.48 | Est @ 3.12% | 9.02 |
| 2025 | 12.77 | Est @ 2.34% | 8.65 |
| 2026 | 13.00 | Est @ 1.8% | 8.26 |
| 2027 | 13.19 | Est @ 1.42% | 7.85 |
| 2028 | 13.34 | Est @ 1.16% | 7.44 |
| 2029 | 13.47 | Est @ 0.97% | 7.04 |
| Present value of next 10 years cash flows | €82.27 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2029
× (1 + g) ÷ (Discount Rate – g)
= €13.47 × (1 + 0.54%) ÷ (6.7% – 0.54%) |
€219.76 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €219.76 ÷ (1 + 6.7%)10 |
€114.88 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €82.27 + €114.88 |
€197.15 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €197.15 / 6.97 |
€28.3 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €28.30 |
| Current discount | Discount to share price of
€34.00
= -1 x (€34.00 - €28.30) / €28.30 |
-20.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Talenom Oyj is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Talenom Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Talenom Oyj's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €0.93 |
| HLSE:TNOM Share Price ** | HLSE (2019-07-19) in EUR | €34 |
| Finland Professional Services Industry PE Ratio | Median Figure of 9 Publicly-Listed Professional Services Companies | 26.11x |
| Finland Market PE Ratio | Median Figure of 107 Publicly-Listed Companies | 19.27x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Talenom Oyj.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = HLSE:TNOM Share Price ÷ EPS (both in EUR) = 34 ÷ 0.93 |
36.66x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Talenom Oyj is overvalued based on earnings compared to the FI Professional Services industry average.
- Talenom Oyj is overvalued based on earnings compared to the Finland market.
Price based on expected Growth
Does
Talenom Oyj's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 36.66x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts |
22.3%per year |
| Finland Professional Services Industry PEG Ratio | Median Figure of 5 Publicly-Listed Professional Services Companies | 1.64x |
| Finland Market PEG Ratio | Median Figure of 92 Publicly-Listed Companies | 1.79x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 36.66x ÷ 22.3% |
1.64x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Talenom Oyj is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Talenom Oyj's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €2.72 |
| HLSE:TNOM Share Price * | HLSE (2019-07-19) in EUR | €34 |
| Finland Professional Services Industry PB Ratio | Median Figure of 11 Publicly-Listed Professional Services Companies | 2.27x |
| Finland Market PB Ratio | Median Figure of 142 Publicly-Listed Companies | 1.95x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = HLSE:TNOM Share Price ÷ Book Value per Share (both in EUR) = 34 ÷ 2.72 |
12.49x |
* Primary Listing of Talenom Oyj.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Talenom Oyj is overvalued based on assets compared to the FI Professional Services industry average.
Value checks
We assess Talenom Oyj's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check) Talenom Oyj has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Talenom Oyj expected to perform in the next 1 to 3 years based on estimates from 2 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Talenom Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
- Talenom Oyj's earnings growth is expected to exceed the Finland market average.
- Talenom Oyj's revenue growth is expected to exceed the Finland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| HLSE:TNOM Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts | 22.3% |
| HLSE:TNOM Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts | 13% |
| Finland Professional Services Industry Earnings Growth Rate | Market Cap Weighted Average | 14% |
| Finland Professional Services Industry Revenue Growth Rate | Market Cap Weighted Average | 7.4% |
| Finland Market Earnings Growth Rate | Market Cap Weighted Average | 13.9% |
| Finland Market Revenue Growth Rate | Market Cap Weighted Average | 2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 91 | 34 | 1 | |
| 2022-12-31 | 92 | 30 | 17 | 2 |
| 2021-12-31 | 81 | 23 | 14 | 2 |
| 2020-12-31 | 70 | 20 | 11 | 2 |
| 2019-12-31 | 59 | 17 | 9 | 2 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 49 | 12 | 6 |
| 2018-09-30 | 47 | 12 | 6 |
| 2018-06-30 | 45 | 12 | 5 |
| 2018-03-31 | 43 | 11 | 4 |
| 2017-12-31 | 41 | 10 | 3 |
| 2017-09-30 | 40 | 9 | 3 |
| 2017-06-30 | 39 | 8 | 3 |
| 2017-03-31 | 38 | 7 | 3 |
| 2016-12-31 | 37 | 7 | 3 |
| 2016-09-30 | 36 | 6 | 1 |
| 2016-06-30 | 36 | 4 | 0 |
| 2016-03-31 | 34 | 4 | -1 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
All data from Talenom Oyj Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | 2.46 | 2.46 | 2.46 | 1.00 |
| 2021-12-31 | 1.95 | 2.07 | 1.82 | 2.00 |
| 2020-12-31 | 1.64 | 1.70 | 1.58 | 2.00 |
| 2019-12-31 | 1.29 | 1.31 | 1.27 | 2.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.93 |
| 2018-09-30 | 0.83 |
| 2018-06-30 | 0.73 |
| 2018-03-31 | 0.62 |
| 2017-12-31 | 0.50 |
| 2017-09-30 | 0.50 |
| 2017-06-30 | 0.49 |
| 2017-03-31 | 0.46 |
| 2016-12-31 | 0.43 |
| 2016-09-30 | 0.21 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | -0.19 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Talenom Oyj's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Finland market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Finland market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Talenom Oyj has a total score of 5/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Talenom Oyj performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Talenom Oyj has delivered over 20% year on year earnings growth in the past 5 years.
- Talenom Oyj's 1-year earnings growth exceeds its 5-year average (86.4% vs 67.8%)
- Talenom Oyj's earnings growth has exceeded the FI Professional Services industry average in the past year (86.4% vs 43.4%).
Earnings and Revenue History
All data from Talenom Oyj Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 48.87 | 6.36 | ||
| 2018-09-30 | 47.07 | 5.69 | ||
| 2018-06-30 | 45.28 | 5.02 | 0.26 | |
| 2018-03-31 | 43.35 | 4.22 | 0.26 | |
| 2017-12-31 | 41.42 | 3.41 | ||
| 2017-09-30 | 40.27 | 3.37 | 0.10 | |
| 2017-06-30 | 39.11 | 3.33 | 0.20 | |
| 2017-03-31 | 38.03 | 3.11 | 0.20 | |
| 2016-12-31 | 36.96 | 2.90 | 0.20 | |
| 2016-09-30 | 36.24 | 1.45 | 0.10 | |
| 2016-06-30 | 35.53 | 0.00 | ||
| 2016-03-31 | 34.26 | -1.22 | ||
| 2015-12-31 | 33.00 | -2.44 | ||
| 2015-09-30 | 30.72 | -2.78 | ||
| 2015-06-30 | 31.26 | -0.60 | ||
| 2015-03-31 | 30.42 | -0.28 | ||
| 2014-12-31 | 28.17 | -1.23 | ||
| 2013-12-31 | 25.94 | -0.96 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Whilst Talenom Oyj has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
- Talenom Oyj used its assets more efficiently than the FI Professional Services industry average last year based on Return on Assets.
- Talenom Oyj has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Talenom Oyj's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Talenom Oyj has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Talenom Oyj's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Talenom Oyj's finances.
The net worth of a company is the difference between its assets and liabilities.
- Talenom Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Talenom Oyj's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Talenom Oyj Company Filings, last reported 6 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 18.69 | 23.62 | 5.91 |
| 2018-09-30 | 18.69 | 23.62 | 5.91 |
| 2018-06-30 | 16.19 | 22.64 | 4.04 |
| 2018-03-31 | 16.19 | 22.64 | 4.04 |
| 2017-12-31 | 13.94 | 22.64 | 4.88 |
| 2017-09-30 | 13.94 | 22.64 | 4.88 |
| 2017-06-30 | 12.81 | 22.50 | 3.76 |
| 2017-03-31 | 12.81 | 22.50 | 3.76 |
| 2016-12-31 | 11.71 | 22.72 | 4.33 |
| 2016-09-30 | 11.71 | 22.72 | 4.33 |
| 2016-06-30 | |||
| 2016-03-31 | 9.93 | 23.50 | 5.36 |
| 2015-12-31 | 9.93 | 23.50 | 5.36 |
| 2015-09-30 | 9.93 | 23.50 | 5.36 |
| 2015-06-30 | 11.85 | 17.00 | 7.64 |
| 2015-03-31 | 11.85 | 17.00 | 7.64 |
| 2014-12-31 | 0.72 | 14.91 | 1.59 |
| 2013-12-31 | 0.65 | 23.72 | 0.91 |
- Talenom Oyj's level of debt (126.4%) 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 (3667.3% vs 126.4% today).
- Debt is well covered by operating cash flow (51.7%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 15.8x coverage).
Financial health checks
We assess Talenom Oyj's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Talenom Oyj has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Talenom Oyj's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
€2,000 of
Talenom Oyj
shares you are expected to receive
€0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Talenom Oyj's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Talenom Oyj's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
| Finland Professional Services Industry Average Dividend Yield | Market Cap Weighted Average of 6 Stocks | 2.2% |
| Finland Market Average Dividend Yield | Market Cap Weighted Average of 100 Stocks | 4.4% |
| Finland Minimum Threshold Dividend Yield | 10th Percentile | 1.5% |
| Finland Bottom 25% Dividend Yield | 25th Percentile | 2.3% |
| Finland Top 25% Dividend Yield | 75th Percentile | 5.2% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 1.17 | 2.00 |
| 2020-12-31 | 0.99 | 2.00 |
| 2019-12-31 | 0.77 | 2.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Talenom Oyj has not reported any payouts.
- Unable to verify if Talenom Oyj's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Talenom Oyj's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Talenom Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Talenom Oyj has a total score of 1/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
- Talenom Oyj has no CEO, or we have no data on them.
Management Team
Jussi Paaso
Chairman of Management Board
40
Otto-Pekka Huhtala
Vice Chairman of Management Board
39
Antti Aho
CFO, Human Resources Officer & Member of Management Board
Timo Hintsala
Member of Management Board & Director of Customer Relationships and Expert Services
Sakari Jorma
CTO, Chief Information Officer & Director
Markku Hurme
Executive Officer
Matti Eilonen
Executive Officer
Board of Directors
Seppo Laine
Chairman of the Board
66
Sakari Jorma
CTO, Chief Information Officer & Director
3.9 yrs
Harri Tahkola
Director
47
4.3 yrs
Mikko Siuruainen
Director
41
Taisto Riski
Director
72
Olli Hyyppa
Director
50
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Talenom Oyj's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Talenom Oyj has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Can Talenom Oyj (HEL:TNOM) Maintain Its Strong Returns?
The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Talenom Oyj: 34% = €6.4m ÷ €19m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Combining Talenom Oyj's Debt And Its 34% Return On Equity Talenom Oyj clearly uses a significant amount of debt to boost returns, as it has a debt to equity ratio of 1.26. … If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
Simply Wall St - – Full articleIf You Had Bought Talenom Oyj (HEL:TNOM) Shares Three Years Ago You'd Have Made 489%
Take, for example, the Talenom Oyj (HEL:TNOM) share price, which skyrocketed 489% over three years. … We'd be remiss not to mention the difference between Talenom Oyj's total shareholder return (TSR) and its share price return. … We note that Talenom Oyj's TSR, at 532% is higher than its share price return of 489%.
Simply Wall St - – Full articleWhat Can We Make Of Talenom Oyj’s (HEL:TNOM) High Return On Capital?
The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Talenom Oyj: 0.22 = €9.4m ÷ (€51m - €8.6m) (Based on the trailing twelve months to December 2018.) Therefore, Talenom Oyj has an ROCE of 22%. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE. … The Bottom Line On Talenom Oyj's ROCE With low current liabilities and a high ROCE, Talenom Oyj could be worthy of further investigation.
Simply Wall St - – Full articleDo Institutions Own Talenom Oyj (HEL:TNOM) Shares?
With a market capitalization of €238m, Talenom Oyj is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that institutions are noticeable on the share registry. … Check out our latest analysis for Talenom Oyj HLSE:TNOM Ownership Summary, June 3rd 2019 What Does The Institutional Ownership Tell Us About Talenom Oyj?
Simply Wall St - – Full articleAre Talenom Oyj's (HEL:TNOM) Interest Costs Too High?
At this constant level of debt, the current cash and short-term investment levels stands at €5.9m , ready to be used for running the business. … On top of this, TNOM has produced €12m in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 52%, signalling that TNOM’s operating cash is sufficient to cover its debt. … Looking at TNOM’s €8.6m in current liabilities, it seems that the business has been able to meet these commitments with a current assets level of €11m, leading to a 1.32x current account ratio.
Simply Wall St - – Full articleWhen Should You Buy Talenom Oyj (HEL:TNOM)?
In addition to this, it seems like Talenom Oyj’s share price is quite stable, which could mean two things: firstly, it may take the share price a while to fall back down to an attractive buying range, and secondly, there may be less chances to buy low in the future once it reaches that value. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … If you believe TNOM should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable.
Simply Wall St - – Full articleShould You Be Adding Talenom Oyj (HEL:TNOM) To Your Watchlist Today?
In the last three years Talenom Oyj's earnings per share took off like a rocket; fast, and from a low base. … Like the last firework on New Year's Eve accelerating into the sky, Talenom Oyj's EPS shot from €0.50 to €0.93, over the last year. … I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth.
Simply Wall St - – Full articleIs Talenom Oyj (HEL:TNOM) Expensive For A Reason? A Look At Its Intrinsic Value
Today we will run through one way of estimating the intrinsic value of Talenom Oyj (HEL:TNOM). … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model? … We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows
Simply Wall St - – Full articleHow Do Analysts See Talenom Oyj (HEL:TNOM) Performing In The Year Ahead?
Looking at Talenom Oyj's (HEL:TNOM) earnings update in December 2018, … the consensus outlook from analysts appear fairly confident, … with earnings expected to grow by 32% in the upcoming year,
Simply Wall St - – Full articleShould You Be Excited About Talenom Oyj's (HEL:TNOM) 34% Return On Equity?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Another way to think of that is that for every €1 worth of equity in the company, it was able to earn €0.34. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleCompany Info
Description
Talenom Oyj provides accounting services for small and medium enterprises in Finland. It offers accounting services, such as bookkeeping, performance monitoring, sales invoicing, invoice payment, and payroll services; and taxation, legal, financial, and ownership restructuring services. The company also offers Talenom Online, an electronic financial management Web service; Talenom App, a mobile phone application for delivering accounting documents and travel invoices; Talenom Link, a service that allows transfer of sales invoice information and employee’s working hour information to payroll; and partnership solutions. In addition, it prepares business plans for new entrepreneurs, as well as various establishment documents required by relevant authorities; and advices on available financing sources. The company serves customers in construction, retail, wholesale, transportation, accommodation and catering, IT industry, design companies, banking and insurance, consultation and education, property industry, health and social services, and agricultural and forestry industries, as well as enterprises. Talenom Oyj was founded in 1972 and is based in Oulu, Finland.
Details
| Name: | Talenom Oyj |
| TNOM | |
| Exchange: | HLSE |
| Founded: | 1972 |
| €236,897,448 | |
| 6,967,572 | |
| Website: | http://www.talenom.fi |
| Address: |
Talenom Oyj Yrttipellontie 2, Oulu, Northern Ostrobothnia, 90230, Finland |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| HLSE | TNOM | Share Capital | OMX Nordic Exchange Helsinki | FI | EUR | 11. Jun 2015 |
Number of employees
Current staff
Industry
| Research and Consulting Services | |
| Commercial Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/07/19 21:51 |
| End of day share price update: | 2019/07/19 00:00 |
| Last estimates confirmation: | 2019/06/05 |
| Last earnings filing: | 2019/02/04 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
