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FSKR

Fiskars Oyj AbpHLSE:FSKRS Stock Report

Market Cap

€1.7b

7D

0.7%

1Y

75.7%

Updated

26 Oct, 2021

Data

Company Financials +
FSKRS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends3/6

FSKRS Overview

Fiskars Oyj Abp manufactures and markets consumer products in Europe, the Americas, and the Asia Pacific.

Fiskars Oyj Abp Competitors

3M

NYSE:MMM

US$105.4b

Techtronic Industries

SEHK:669

HK$294.2b

Husqvarna

OM:HUSQ B

kr67.0b

Acme United

NYSEAM:ACU

US$129.1m

Price History & Performance

Summary of all time highs, changes and price drops for Fiskars Oyj Abp
Historical stock prices
Current Share Price€21.30
52 Week High€11.56
52 Week Low€23.40
Beta0.74
1 Month Change8.78%
3 Month Change5.45%
1 Year Change75.74%
3 Year Change30.68%
5 Year Change29.09%
Change since IPO3,894.67%

Recent News & Updates

Oct 09
Fiskars Oyj Abp (HEL:FSKRS) Shares Could Be 26% Below Their Intrinsic Value Estimate

Fiskars Oyj Abp (HEL:FSKRS) Shares Could Be 26% Below Their Intrinsic Value Estimate

Does the October share price for Fiskars Oyj Abp ( HEL:FSKRS ) reflect what it's really worth? Today, we will estimate...

Sep 19
Investors Will Want Fiskars Oyj Abp's (HEL:FSKRS) Growth In ROCE To Persist

Investors Will Want Fiskars Oyj Abp's (HEL:FSKRS) Growth In ROCE To Persist

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...

Sep 02
Fiskars Oyj Abp (HEL:FSKRS) Is Increasing Its Dividend To €0.30

Fiskars Oyj Abp (HEL:FSKRS) Is Increasing Its Dividend To €0.30

Fiskars Oyj Abp ( HEL:FSKRS ) has announced that it will be increasing its dividend on the 20th of September to €0.30...

Aug 19
Fiskars Oyj Abp (HEL:FSKRS) Will Pay A Larger Dividend Than Last Year At €0.30

Fiskars Oyj Abp (HEL:FSKRS) Will Pay A Larger Dividend Than Last Year At €0.30

Fiskars Oyj Abp ( HEL:FSKRS ) has announced that it will be increasing its dividend on the 20th of September to €0.30...

Shareholder Returns

FSKRSFI Consumer DurablesFI Market
7D0.7%-0.1%0.5%
1Y75.7%30.2%29.0%

Return vs Industry: FSKRS exceeded the Finnish Consumer Durables industry which returned 30.2% over the past year.

Return vs Market: FSKRS exceeded the Finnish Market which returned 29% over the past year.

Price Volatility

Is FSKRS's price volatile compared to industry and market?
FSKRS volatility
FSKRS Beta0.74
Industry Beta1.29
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
16496,489Nathalie Ahlstromhttps://www.fiskarsgroup.com

Fiskars Oyj Abp manufactures and markets consumer products in Europe, the Americas, and the Asia Pacific. The company operates through four segments: Vita, Terra, Crea, and Other. It offers tableware, drinkware, and interior products under the Iittala, Royal Copenhagen, Waterford, and Wedgwood brands; gardening, watering, and outdoor products under the Fiskars, Gerber, and Gilmour brands; and scissors, and creating and cooking products under the Fiskars brand.

Fiskars Oyj Abp Fundamentals Summary

How do Fiskars Oyj Abp's earnings and revenue compare to its market cap?
FSKRS fundamental statistics
Market Cap€1.74b
Earnings (TTM)€90.70m
Revenue (TTM)€1.19b

19.1x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FSKRS income statement (TTM)
Revenue€1.19b
Cost of Revenue€684.20m
Gross Profit€505.20m
Expenses€414.50m
Earnings€90.70m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 29, 2021

Earnings per share (EPS)1.11
Gross Margin42.48%
Net Profit Margin7.63%
Debt/Equity Ratio10.8%

How did FSKRS perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

54%

Payout Ratio

Valuation

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

19.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FSKRS (€21.3) is trading below our estimate of fair value (€26.47)

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


Price To Earnings Ratio

PE vs Industry: FSKRS is poor value based on its PE Ratio (19.1x) compared to the European Consumer Durables industry average (13.5x).

PE vs Market: FSKRS is good value based on its PE Ratio (19.1x) compared to the Finnish market (25.3x).


Price to Earnings Growth Ratio

PEG Ratio: FSKRS is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: FSKRS is overvalued based on its PB Ratio (2.3x) compared to the XE Consumer Durables industry average (2x).


Future Growth

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

15.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FSKRS's forecast earnings growth (15.4% per year) is above the savings rate (0.2%).

Earnings vs Market: FSKRS's earnings (15.4% per year) are forecast to grow faster than the Finnish market (6.6% per year).

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

Revenue vs Market: FSKRS's revenue (2.6% per year) is forecast to grow slower than the Finnish market (3.8% per year).

High Growth Revenue: FSKRS's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FSKRS's Return on Equity is forecast to be low in 3 years time (12.5%).


Past Performance

How has Fiskars Oyj Abp performed over the past 5 years?

-12.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FSKRS has high quality earnings.

Growing Profit Margin: FSKRS's current net profit margins (7.6%) are higher than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: FSKRS has become profitable over the past 5 years, growing earnings by -12% per year.

Accelerating Growth: FSKRS's earnings growth over the past year (122.9%) exceeds its 5-year average (-12% per year).

Earnings vs Industry: FSKRS earnings growth over the past year (122.9%) exceeded the Consumer Durables industry 60.8%.


Return on Equity

High ROE: FSKRS's Return on Equity (12.1%) is considered low.


Financial Health

How is Fiskars Oyj Abp's financial position?


Financial Position Analysis

Short Term Liabilities: FSKRS's short term assets (€527.2M) exceed its short term liabilities (€425.2M).

Long Term Liabilities: FSKRS's short term assets (€527.2M) exceed its long term liabilities (€172.7M).


Debt to Equity History and Analysis

Debt Level: FSKRS's debt to equity ratio (10.8%) is considered satisfactory.

Reducing Debt: FSKRS's debt to equity ratio has reduced from 25% to 10.8% over the past 5 years.

Debt Coverage: FSKRS's debt is well covered by operating cash flow (278.6%).

Interest Coverage: FSKRS's interest payments on its debt are well covered by EBIT (26.4x coverage).


Balance Sheet


Dividend

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

2.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FSKRS's dividend (2.82%) is higher than the bottom 25% of dividend payers in the Finnish market (1.65%).

High Dividend: FSKRS's dividend (2.82%) is low compared to the top 25% of dividend payers in the Finnish market (3.61%).


Stability and Growth of Payments

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

Growing Dividend: FSKRS's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (54.4%), FSKRS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FSKRS's dividends in 3 years are forecast to be covered by earnings (55% payout ratio).


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Nathalie Ahlstrom (47 yo)

0.92

Tenure

€86,789

Compensation

Ms. Nathalie Ahlstrom, M.Sc. (Tech.), serves as President and Chief Executive Officer at Fiskars Oyj Abp since November 30, 2020. He served as the Director at Fiskars Oyj Abp also known as Fiskars Corporat...


CEO Compensation Analysis

Compensation vs Market: Nathalie's total compensation ($USD100.62K) is below average for companies of similar size in the Finnish market ($USD775.06K).

Compensation vs Earnings: Insufficient data to compare Nathalie's compensation with company performance.


Leadership Team

Experienced Management: FSKRS's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: FSKRS's board of directors are considered experienced (6.6 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

Fiskars Oyj Abp's employee growth, exchange listings and data sources


Key Information

  • Name: Fiskars Oyj Abp
  • Ticker: FSKRS
  • Exchange: HLSE
  • Founded: 1649
  • Industry: Housewares and Specialties
  • Sector: Consumer Durables
  • Market Cap: €1.735b
  • Shares outstanding: 81.47m
  • Website: https://www.fiskarsgroup.com

Number of Employees


Location

  • Fiskars Oyj Abp
  • Hämeentie 135 A
  • PO Box 130
  • Helsinki
  • Uusimaa
  • 561
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 21:14
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
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.