| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 6/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
HARVIA Overview
Harvia Oyj, through its subsidiaries, manufactures and distributes traditional, steam, and infrared saunas.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €51.50 |
| 52 Week High | €15.35 |
| 52 Week Low | €64.10 |
| Beta | 1.3 |
| 1 Month Change | -10.59% |
| 3 Month Change | 6.85% |
| 1 Year Change | 221.88% |
| 3 Year Change | 765.55% |
| 5 Year Change | n/a |
| Change since IPO | 930.00% |
Recent News & Updates
When Should You Buy Harvia Oyj (HEL:HARVIA)?
Harvia Oyj ( HEL:HARVIA ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Does Harvia Oyj (HEL:HARVIA) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysts Just Published A Bright New Outlook For Harvia Oyj's (HEL:HARVIA)
Harvia Oyj ( HEL:HARVIA ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
Shareholder Returns
| HARVIA | FI Leisure | FI Market | |
|---|---|---|---|
| 7D | -5.7% | -0.4% | -2.5% |
| 1Y | 221.9% | 63.0% | 22.0% |
Return vs Industry: HARVIA exceeded the Finnish Leisure industry which returned 61% over the past year.
Return vs Market: HARVIA exceeded the Finnish Market which returned 22.8% over the past year.
Price Volatility
| HARVIA volatility | |
|---|---|
| HARVIA Beta | 1.3 |
| Industry Beta | 1.07 |
| Market Beta | 1 |
Stable Share Price: HARVIA is more volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HARVIA's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of Finnish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1950 | 822 | Tapio Pajuharju | https://www.harvia.fi |
Harvia Oyj, through its subsidiaries, manufactures and distributes traditional, steam, and infrared saunas. The company offers sauna heaters, sauna rooms, control units, and steam generators; sauna heater spare parts, sauna stones, hot water containers, steam room elements, sauna lighting solutions, and waterproof sauna speakers; and sauna accessories, such as sauna scents, buckets, ladles, and thermometers. It also provides wood-heated saunas; precut saunas and saunas interior products; ready-made saunas; infrared cabins and tailor-made infrared saunas; spa products, including spa modules and accessories, steam generators, and luminous; and cooking and home heating products.
Harvia Oyj Fundamentals Summary
| HARVIA fundamental statistics | |
|---|---|
| Market Cap | €962.39m |
| Earnings (TTM) | €27.15m |
| Revenue (TTM) | €149.68m |
35.4x
P/E Ratio6.4x
P/S RatioIs HARVIA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HARVIA income statement (TTM) | |
|---|---|
| Revenue | €149.68m |
| Cost of Revenue | €57.72m |
| Gross Profit | €91.96m |
| Expenses | €64.80m |
| Earnings | €27.15m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 04, 2021
| Earnings per share (EPS) | 1.45 |
| Gross Margin | 61.44% |
| Net Profit Margin | 18.14% |
| Debt/Equity Ratio | 77.6% |
How did HARVIA perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield27%
Payout RatioValuation
Is Harvia Oyj undervalued compared to its fair value and its price relative to the market?
35.44x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HARVIA (€51.5) is trading above our estimate of fair value (€41.89)
Significantly Below Fair Value: HARVIA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HARVIA is poor value based on its PE Ratio (35.4x) compared to the European Leisure industry average (18.7x).
PE vs Market: HARVIA is poor value based on its PE Ratio (35.4x) compared to the Finnish market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: HARVIA is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: HARVIA is overvalued based on its PB Ratio (13.6x) compared to the XE Leisure industry average (3.2x).
Future Growth
How is Harvia Oyj forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
15.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HARVIA's forecast earnings growth (15.5% per year) is above the savings rate (0.2%).
Earnings vs Market: HARVIA's earnings (15.5% per year) are forecast to grow faster than the Finnish market (7.3% per year).
High Growth Earnings: HARVIA's earnings are forecast to grow, but not significantly.
Revenue vs Market: HARVIA's revenue (16.2% per year) is forecast to grow faster than the Finnish market (3.7% per year).
High Growth Revenue: HARVIA's revenue (16.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HARVIA's Return on Equity is forecast to be high in 3 years time (35.5%)
Past Performance
How has Harvia Oyj performed over the past 5 years?
47.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HARVIA has high quality earnings.
Growing Profit Margin: HARVIA's current net profit margins (18.1%) are higher than last year (12.7%).
Past Earnings Growth Analysis
Earnings Trend: HARVIA's earnings have grown significantly by 47.4% per year over the past 5 years.
Accelerating Growth: HARVIA's earnings growth over the past year (154.7%) exceeds its 5-year average (47.4% per year).
Earnings vs Industry: HARVIA earnings growth over the past year (154.7%) exceeded the Leisure industry 71%.
Return on Equity
High ROE: HARVIA's Return on Equity (37.9%) is considered high.
Financial Health
How is Harvia Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: HARVIA's short term assets (€77.7M) exceed its short term liabilities (€33.5M).
Long Term Liabilities: HARVIA's short term assets (€77.7M) do not cover its long term liabilities (€83.5M).
Debt to Equity History and Analysis
Debt Level: HARVIA's debt to equity ratio (77.6%) is considered high.
Reducing Debt: HARVIA's debt to equity ratio has reduced from 544.9% to 77.6% over the past 5 years.
Debt Coverage: HARVIA's debt is well covered by operating cash flow (54.8%).
Interest Coverage: HARVIA's interest payments on its debt are well covered by EBIT (33.8x coverage).
Balance Sheet
Dividend
What is Harvia Oyj current dividend yield, its reliability and sustainability?
0.78%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HARVIA's dividend (0.78%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (1.66%).
High Dividend: HARVIA's dividend (0.78%) is low compared to the top 25% of dividend payers in the Finnish market (3.63%).
Stability and Growth of Payments
Stable Dividend: HARVIA is not paying a notable dividend for the Finnish market, therefore no need to check if payments are stable.
Growing Dividend: HARVIA is not paying a notable dividend for the Finnish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: HARVIA is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HARVIA's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Tapio Pajuharju (58 yo)
5.25yrs
Tenure
Mr. Tapio Pajuharju has been Chairman at Eezy Oyj (formerly known as VMP Oyj) ( also known as VMP Group Oy; VMP Plc) since August 23, 2019 and has been its Director at since 2010. He serves as Independent...
Leadership Team
Experienced Management: HARVIA's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: HARVIA's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.
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
Harvia Oyj's employee growth, exchange listings and data sources
Key Information
- Name: Harvia Oyj
- Ticker: HARVIA
- Exchange: HLSE
- Founded: 1950
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: €962.390m
- Shares outstanding: 18.69m
- Website: https://www.harvia.fi
Number of Employees
Location
- Harvia Oyj
- Teollisuustie 1-7
- PO Box 12
- Muurame
- Central Finland
- 40951
- Finland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 21:34 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| 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.