Honkarakenne Oyj designs, manufactures, and sells log and solid wood building packages. More Details
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Honkarakenne Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HONBS has not had significant price volatility in the past 3 months.
7 Day Return
FI Consumer Durables
1 Year Return
FI Consumer Durables
Return vs Industry: HONBS exceeded the Finnish Consumer Durables industry which returned -10.1% over the past year.
Return vs Market: HONBS exceeded the Finnish Market which returned -1.7% over the past year.
Price Volatility Vs. Market
How volatile is Honkarakenne Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StShould You Use Honkarakenne Oyj's (HEL:HONBS) Statutory Earnings To Analyse It?
3 weeks ago | Simply Wall StAre Strong Financial Prospects The Force That Is Driving The Momentum In Honkarakenne Oyj's HEL:HONBS) Stock?
1 month ago | Simply Wall StIs Honkarakenne Oyj (HEL:HONBS) A Risky Investment?
Is Honkarakenne Oyj undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HONBS (€3.5) is trading above our estimate of fair value (€0.04)
Significantly Below Fair Value: HONBS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HONBS is good value based on its PE Ratio (8.1x) compared to the XE Consumer Durables industry average (14.6x).
PE vs Market: HONBS is good value based on its PE Ratio (8.1x) compared to the Finnish market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HONBS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HONBS is overvalued based on its PB Ratio (1.6x) compared to the XE Consumer Durables industry average (1.3x).
How is Honkarakenne Oyj forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Honkarakenne Oyj has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Honkarakenne Oyj's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Honkarakenne Oyj competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Honkarakenne Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HONBS has a high level of non-cash earnings.
Growing Profit Margin: HONBS's current net profit margins (5.2%) are lower than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: HONBS has become profitable over the past 5 years, growing earnings by 66.4% per year.
Accelerating Growth: HONBS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HONBS had negative earnings growth (-5.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (-19.6%).
Return on Equity
High ROE: HONBS's Return on Equity (20%) is considered high.
How is Honkarakenne Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: HONBS's short term assets (€13.9M) exceed its short term liabilities (€12.3M).
Long Term Liabilities: HONBS's short term assets (€13.9M) exceed its long term liabilities (€4.4M).
Debt to Equity History and Analysis
Debt Level: HONBS's debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: HONBS's debt to equity ratio has reduced from 119.5% to 24.2% over the past 5 years.
Debt Coverage: HONBS's debt is well covered by operating cash flow (91.4%).
Interest Coverage: HONBS's interest payments on its debt are well covered by EBIT (209.4x coverage).
What is Honkarakenne Oyj current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HONBS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HONBS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HONBS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HONBS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HONBS is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HONBS's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marko Saarelainen (53 yo)
Mr. Marko Saarelainen has been the Chief Executive Officer and President of Honkarakenne Oyj since June 2015. Mr. Saarelainen served as the President of Honka Japan Inc., a subsidiary of Honkarakenne Oyj a ...
CEO Compensation Analysis
Compensation vs Market: Marko's total compensation ($USD0.00) is below average for companies of similar size in the Finnish market ($USD333.29K).
Compensation vs Earnings: Insufficient data to compare Marko's compensation with company performance.
|CEO & President||5.33yrs||€112.00k||6.64% |
|Co-Founder||no data||no data||no data|
|CFO & VP of Finance||3.5yrs||no data||0.0051% |
|Vice President of Marketing||0.83yr||no data||no data|
|Head of Karstula Factory||no data||no data||no data|
|Vice President of Business Control||16.92yrs||no data||no data|
Experienced Management: HONBS's management team is considered experienced (4.4 years average tenure).
|Director||no data||no data||0.94% |
|Independent Chairman of the Board||3.75yrs||no data||1.03% |
|Director||no data||no data||0.38% |
|Independent Director||3.5yrs||no data||no data|
|Deputy Chairman||0.42yr||no data||0.17% |
Experienced Board: HONBS's board of directors are considered experienced (3.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Honkarakenne Oyj's company bio, employee growth, exchange listings and data sources
- Name: Honkarakenne Oyj
- Ticker: HONBS
- Exchange: HLSE
- Founded: 1958
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: €20.517m
- Shares outstanding: 5.86m
- Website: https://www.honka.com
Number of Employees
- Honkarakenne Oyj
- Hongantie 41
- Central Finland
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HONBS||HLSE (OMX Nordic Exchange Helsinki)||Yes||Series B Shares||FI||EUR||Jan 1992|
|0EPR||LSE (London Stock Exchange)||Yes||Series B Shares||GB||EUR||Jan 1992|
|HONBSH||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||EUR||Jan 1992|
Honkarakenne Oyj designs, manufactures, and sells log and solid wood building packages. It offers contemporary homes, log cabins and holiday lodges, and traditional and custom log homes, as well as commerc ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/28 21:31|
|End of Day Share Price||2020/10/28 00:00|
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.