HLSE:PIIPPO

Stock Analysis Report

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Executive Summary

Piippo Oyj manufactures and sells baling net wraps and baling twines for farmers in Finland and internationally. More Details


Snowflake Analysis

Undervalued with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PIIPPO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.6%

PIIPPO

-5.9%

FI Luxury

-6.3%

FI Market


1 Year Return

-15.5%

PIIPPO

-4.2%

FI Luxury

-1.7%

FI Market

Return vs Industry: PIIPPO underperformed the Finnish Luxury industry which returned -4.2% over the past year.

Return vs Market: PIIPPO underperformed the Finnish Market which returned -1.7% over the past year.


Shareholder returns

PIIPPOIndustryMarket
7 Day-2.6%-5.9%-6.3%
30 Day1.4%-2.2%-4.3%
90 Day-8.1%6.0%3.7%
1 Year-15.5%-15.5%-2.5%-4.2%6.6%-1.7%
3 Year-49.9%-52.3%29.4%21.6%15.1%-5.2%
5 Year-31.5%-40.0%79.6%62.5%42.3%12.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

14.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PIIPPO (€2.94) is trading below our estimate of fair value (€3.45)

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


Price To Earnings Ratio

PE vs Industry: PIIPPO is good value based on its PE Ratio (20.6x) compared to the XE Luxury industry average (27.7x).

PE vs Market: PIIPPO is good value based on its PE Ratio (20.6x) compared to the Finnish market (22.4x).


Price to Earnings Growth Ratio

PEG Ratio: PIIPPO is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: PIIPPO is good value based on its PB Ratio (0.5x) compared to the XE Luxury industry average (1.2x).


Next Steps

Future Growth

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

31.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PIIPPO's forecast earnings growth (31.6% per year) is above the savings rate (0.4%).

Earnings vs Market: PIIPPO's earnings (31.6% per year) are forecast to grow faster than the Finnish market (15.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PIIPPO's revenue (1.9% per year) is forecast to grow slower than the Finnish market (4.5% per year).

High Growth Revenue: PIIPPO's revenue (1.9% 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 PIIPPO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Piippo Oyj performed over the past 5 years?

-50.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PIIPPO has high quality earnings.

Growing Profit Margin: PIIPPO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PIIPPO's earnings have declined by 50% per year over the past 5 years.

Accelerating Growth: PIIPPO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PIIPPO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (-41.4%).


Return on Equity

High ROE: PIIPPO's Return on Equity (2.6%) is considered low.


Next Steps

Financial Health

How is Piippo Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: PIIPPO's short term assets (€9.4M) exceed its short term liabilities (€6.9M).

Long Term Liabilities: PIIPPO's short term assets (€9.4M) exceed its long term liabilities (€1.9M).


Debt to Equity History and Analysis

Debt Level: PIIPPO's debt to equity ratio (121.3%) is considered high.

Reducing Debt: PIIPPO's debt to equity ratio has increased from 78% to 121.3% over the past 5 years.

Debt Coverage: PIIPPO's debt is well covered by operating cash flow (26.7%).

Interest Coverage: PIIPPO's interest payments on its debt are well covered by EBIT (5.5x coverage).


Balance Sheet


Next Steps

Dividend

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

3.15%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate PIIPPO'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 PIIPPO's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: PIIPPO is not paying a notable dividend for the Finnish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PIIPPO'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?

2.3yrs

Average management tenure


CEO

Jukka Keisanen

3.08yrs

Tenure

Mr. Jukka Keisanen has been Managing Director of Piippo Oyj since September 14, 2017. Mr. Keisanen served as Vice Chief Executive Officer of Piippo Oyj since June 1, 2017 until September 14, 2017.


Leadership Team

NamePositionTenureCompensationOwnership
Jukka Keisanen
Managing Director3.08yrsno datano data
Arja Karvonen
Finance Managerno datano datano data
Saija Paasonen
Chief Financial Officer0.67yrno datano data
Jussi Kortelainen
Technical Managerno datano datano data
Mika Joensuu
Sales Directorno datano datano data
Jaana Mustonen
Controller2.33yrsno datano data
Petra Karvonen
Controllerno datano datano data

2.3yrs

Average Tenure

Experienced Management: PIIPPO's management team is considered experienced (2.3 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

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


Key Information

  • Name: Piippo Oyj
  • Ticker: PIIPPO
  • Exchange: HLSE
  • Founded: 1942
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: €3.801m
  • Shares outstanding: 1.29m
  • Website: https://www.piippo.fi

Number of Employees


Location

  • Piippo Oyj
  • SysmAejAerventie 3
  • Outokumpu
  • North Karelia
  • 83500
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PIIPPOHLSE (OMX Nordic Exchange Helsinki)YesCommon StockFIEURMar 2015

Biography

Piippo Oyj manufactures and sells baling net wraps and baling twines for farmers in Finland and internationally. The company also offers baling films; B2B products that include cable fillers and armouring ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 21:46
End of Day Share Price2020/10/28 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.