Marimekko Oyj, a clothing and textile company, designs, manufactures, and markets clothing products, interior decoration products, and bags in Northern Europe, North America, the Asia Pacific, and internationally.
Flawless balance sheet with reasonable growth potential and pays a dividend.
Share Price & News
How has Marimekko Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MMO1V has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MMO1V exceeded the Finnish Luxury industry which returned 25.9% over the past year.
Return vs Market: MMO1V exceeded the Finnish Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Marimekko Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StDespite Its High P/E Ratio, Is Marimekko Oyj (HEL:MMO1V) Still Undervalued?
2 weeks ago | Simply Wall StAre You An Income Investor? Don't Miss Out On Marimekko Oyj (HEL:MMO1V)
1 month ago | Simply Wall StAre Marimekko Oyj's (HEL:MMO1V) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Is Marimekko Oyj undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MMO1V (€37.7) is trading below our estimate of fair value (€51.09)
Significantly Below Fair Value: MMO1V is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MMO1V is poor value based on its PE Ratio (23.5x) compared to the Luxury industry average (18.6x).
PE vs Market: MMO1V is poor value based on its PE Ratio (23.5x) compared to the Finnish market (21.7x).
Price to Earnings Growth Ratio
PEG Ratio: MMO1V is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: MMO1V is overvalued based on its PB Ratio (7.9x) compared to the XE Luxury industry average (1.1x).
How is Marimekko Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMO1V's forecast earnings growth (10.1% per year) is above the savings rate (-0.1%).
Earnings vs Market: MMO1V's earnings (10.1% per year) are forecast to grow faster than the Finnish market (9.9% per year).
High Growth Earnings: MMO1V's earnings are forecast to grow, but not significantly.
Revenue vs Market: MMO1V's revenue (6.1% per year) is forecast to grow faster than the Finnish market (-0.08% per year).
High Growth Revenue: MMO1V's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MMO1V's Return on Equity is forecast to be high in 3 years time (32.3%)
How has Marimekko Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMO1V has high quality earnings.
Growing Profit Margin: MMO1V's current net profit margins (10.4%) are lower than last year (12.2%).
Past Earnings Growth Analysis
Earnings Trend: MMO1V's earnings have grown significantly by 38.2% per year over the past 5 years.
Accelerating Growth: MMO1V's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MMO1V had negative earnings growth (-5%) over the past year, making it difficult to compare to the Luxury industry average (-5%).
Return on Equity
High ROE: MMO1V's Return on Equity (33.4%) is considered high.
Return on Assets
Return on Capital Employed
How is Marimekko Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: MMO1V's short term assets (€55.3M) exceed its short term liabilities (€30.4M).
Long Term Liabilities: MMO1V's short term assets (€55.3M) exceed its long term liabilities (€27.6M).
Debt to Equity History and Analysis
Debt Level: MMO1V's debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: MMO1V's debt to equity ratio has reduced from 12.8% to 0.6% over the past 5 years.
Debt Coverage: MMO1V's debt is well covered by operating cash flow (11550.6%).
Interest Coverage: MMO1V's interest payments on its debt are well covered by EBIT (17.1x coverage).
Inventory Level: MMO1V has a high level of physical assets or inventory.
Debt Coverage by Assets: MMO1V's debt is covered by short term assets (assets are 220.4x debt).
What is Marimekko Oyj's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Marimekko Oyj before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MMO1V's dividend (2.39%) is higher than the bottom 25% of dividend payers in the Finnish market (2.12%).
High Dividend: MMO1V's dividend (2.39%) is low compared to the top 25% of dividend payers in the Finnish market (4.51%).
Stability and Growth of Payments
Stable Dividend: MMO1V's dividend payments have been volatile in the past 10 years.
Growing Dividend: MMO1V's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56%), MMO1V's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MMO1V's dividends in 3 years are forecast to be covered by earnings (66.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tiina Alahuhta-Kasko (38yo)
Ms. Tiina Alahuhta-Kasko, M. Sc. (Econ.), CEMS MIM, has been the President at Marimekko Oyj since April 2015 and serves as its Chief Executive Officer. Ms. Alahuhta-Kasko has been Director of Finnair Oyj s ...
|CEO & President||0yrs||no data||0.086% €262.6k|
|Chief Financial Officer||4.2yrs||no data||0.0079% €24.1k|
|Chief Sales Officer||1.3yrs||no data||no data|
|Human Resources Director||3yrs||no data||0.0077% €23.5k|
|Chief Supply Chain & Product Officer||2.3yrs||no data||0.0020% €6.0k|
|Chief Digital Officer||2.2yrs||no data||0.0043% €13.2k|
|Head of Business Development||0yrs||no data||0.00086% €2.6k|
|Consultant||1.3yrs||no data||no data|
Experienced Management: MMO1V's management team is considered experienced (2.3 years average tenure).
|Chairman of The Board||4.8yrs||no data||12.55% €38.4m|
|Vice Chairman||0yrs||€20.00k||0.14% €423.3k|
|Director||3.1yrs||no data||0.018% €54.5k|
|Director||4.8yrs||no data||0.048% €148.2k|
|Director||3.1yrs||no data||0.018% €54.5k|
Experienced Board: MMO1V's board of directors are considered experienced (4.8 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.
Marimekko Oyj's company bio, employee growth, exchange listings and data sources
- Name: Marimekko Oyj
- Ticker: MMO1V
- Exchange: HLSE
- Founded: 1951
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €305.741m
- Shares outstanding: 8.11m
- Website: https://www.marimekko.com
Number of Employees
- Marimekko Oyj
- Puusepänkatu 4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MMO1V||HLSE (OMX Nordic Exchange Helsinki)||Yes||Common Shares||FI||EUR||Mar 1999|
|0JX9||LSE (London Stock Exchange)||Yes||Common Shares||GB||EUR||Mar 1999|
|MKKO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 1999|
|MMO1VH||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||EUR||Mar 1999|
Marimekko Oyj, a clothing and textile company, designs, manufactures, and markets clothing products, interior decoration products, and bags in Northern Europe, North America, the Asia Pacific, and internationally. It offers clothes; living and decorating products; fabrics; kitchen and dining products, and bed and bath products; and shoes, scarves, socks and tights, and umbrellas, as well as accessories for women, men, and kids. The company sells its products through a network approximately 150 Marimekko branded stores, including own retail stores, retailer-owned Marimekko stores, shop-in-shops, and department stores. Marimekko Oyj was founded in 1951 and is headquartered in Helsinki, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 20:49|
|End of Day Share Price||2020/02/20 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.