HLSE:VIAFIN

Stock Analysis Report

Executive Summary

Viafin Service Oyj provides various industrial maintenance, piping and equipment maintenance, and installation services in Finland.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: VIAFIN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

VIAFIN

2.3%

FI Commercial Services

-0.7%

FI Market


1 Year Return

11.7%

VIAFIN

19.4%

FI Commercial Services

8.2%

FI Market

Return vs Industry: VIAFIN underperformed the Finnish Commercial Services industry which returned 19.4% over the past year.

Return vs Market: VIAFIN underperformed the Finnish Market which returned 8.2% over the past year.


Shareholder returns

VIAFINIndustryMarket
7 Day0%2.3%-0.7%
30 Day-0.6%21.2%-1.1%
90 Day-1.5%19.4%5.2%
1 Year11.7%11.7%23.2%19.4%13.3%8.2%
3 Yearn/a14.4%4.1%30.3%14.7%
5 Yearn/a32.4%12.0%49.9%20.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

37.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VIAFIN (€6.7) is trading below our estimate of fair value (€10.67)

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


Price To Earnings Ratio

PE vs Industry: VIAFIN is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.

PE vs Market: VIAFIN is unprofitable, so we can't compare its PE Ratio to the Finnish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VIAFIN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VIAFIN is good value based on its PB Ratio (1.4x) compared to the FI Commercial Services industry average (1.4x).


Next Steps

Future Growth

How is Viafin Service Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

47.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIAFIN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

Earnings vs Market: VIAFIN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VIAFIN's is expected to become profitable in the next 3 years.

Revenue vs Market: VIAFIN's revenue (4.5% per year) is forecast to grow faster than the Finnish market (1.5% per year).

High Growth Revenue: VIAFIN's revenue (4.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VIAFIN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Viafin Service Oyj performed over the past 5 years?

-65.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: VIAFIN has high quality earnings.

Growing Profit Margin: VIAFIN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if VIAFIN's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare VIAFIN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VIAFIN is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (6.4%).


Return on Equity

High ROE: VIAFIN has a negative Return on Equity (0.41%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Viafin Service Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: VIAFIN's short term assets (€21.4M) exceeds its short term liabilities (€11.0M)

Long Term Liabilities: VIAFIN's short term assets (€21.4M) exceeds its long term liabilities (19.0K)


Debt to Equity History and Analysis

Debt Level: VIAFIN is debt free.

Reducing Debt: VIAFIN has not had any debt for past 5 years.


Balance Sheet

Inventory Level: VIAFIN has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if VIAFIN's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable VIAFIN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: VIAFIN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 200.1% per year.


Next Steps

Dividend

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

3.54%

Forecast Dividend Yield


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%4.8%industryaverage3.1%forecastin3Years3.5%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate VIAFIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate VIAFIN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VIAFIN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VIAFIN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VIAFIN's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Mika Riekkola (43yo)

0.8yrs

Tenure

0

Mr. Mika Riekkola serves as President of Viafin Service Oyj since October 1, 2019 and serves as its Chief Executive Officer since 2019. Prior to joining Viafin, he held senior management positions in Indus ...


Management Age and Tenure

0.8yrs

Average Tenure

44.5yo

Average Age

Experienced Management: VIAFIN's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

1.8yrs

Average Tenure

62yo

Average Age

Experienced Board: VIAFIN's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Insider Trading

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: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Tuomas Tuomela (47yo)

    Deputy Chief Executive Office

    • Tenure: 0yrs
  • Patrik Hämälä (32yo)

    Chief Financial Officer

    • Tenure: 1.8yrs
  • Jarno Anttalainen (46yo)

    Managing Director of Viafin GAS & CEO

    • Tenure: 0.3yrs
  • Mika Riekkola (43yo)

    President & CEO

    • Tenure: 0.8yrs

Board Members

  • Marko Sipola (46yo)

    Chairman

    • Tenure: 0yrs
  • Heikki Pesu (52yo)

    Director

    • Tenure: 1.8yrs
  • Jouko Ketola (74yo)

    Director

    • Tenure: 1.8yrs
  • Sixten Hjort (64yo)

    Director

    • Tenure: 1.8yrs
  • Tapani Potka (62yo)

    Director

    • Tenure: 1.8yrs

Company Information

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


Key Information

  • Name: Viafin Service Oyj
  • Ticker: VIAFIN
  • Exchange: HLSE
  • Founded:
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: €24.313m
  • Shares outstanding: 3.63m
  • Website: https://www.viafinservice.fi

Location

  • Viafin Service Oyj
  • Värkkitie 13
  • Kurikka
  • Southern Ostrobothnia
  • 61300
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VIAFINHLSE (OMX Nordic Exchange Helsinki)YesShare CapitalFIEURNov 2018

Biography

Viafin Service Oyj provides various industrial maintenance, piping and equipment maintenance, and installation services in Finland. Its services include industrial piping, hydraulic and small piping, and m ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/22 22:43
End of Day Share Price2019/11/22 00:00
Earnings2019/07/31
Annual Earnings2019/07/31


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.