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Piippo Oyj

HLSE:PIIPPO
Snowflake Description

Reasonable growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PIIPPO
HLSE
€5M
Market Cap
  1. Home
  2. FI
  3. Consumer Durables
Company description

Piippo Oyj manufactures and distributes agricultural twines and net wraps, consumer products, and B-to-B products in Finland. The last earnings update was 285 days ago. More info.


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PIIPPO Share Price and Events
7 Day Returns
-2.7%
HLSE:PIIPPO
-2.1%
Europe Luxury
-1.2%
FI Market
1 Year Returns
-27.3%
HLSE:PIIPPO
-0.5%
Europe Luxury
-7.2%
FI Market
PIIPPO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Piippo Oyj (PIIPPO) -2.7% -2.2% -2.2% -27.3% -34.1% -
Europe Luxury -2.1% -2.8% 6.6% -0.5% 71.4% 73.5%
FI Market -1.2% -4.5% -2.4% -7.2% 18.3% 24.8%
1 Year Return vs Industry and Market
  • PIIPPO underperformed the Luxury industry which returned -0.5% over the past year.
  • PIIPPO underperformed the Market in Finland which returned -7.2% over the past year.
Price Volatility
PIIPPO
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Piippo Oyj undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Piippo Oyj to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Piippo Oyj.

HLSE:PIIPPO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.7%
Perpetual Growth Rate 10-Year FI Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for HLSE:PIIPPO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FI Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.5%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.716 (1 + (1- 20%) (194.64%))
1.556
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.56
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (1.556 * 6.51%)
10.67%

Discounted Cash Flow Calculation for HLSE:PIIPPO using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Piippo Oyj is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

HLSE:PIIPPO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 10.67%)
2019 0.70 Analyst x1 0.63
2020 0.90 Analyst x1 0.73
2021 0.50 Analyst x1 0.37
2022 0.60 Analyst x1 0.40
2023 0.80 Analyst x1 0.48
2024 0.79 Est @ -1.84% 0.43
2025 0.78 Est @ -1.13% 0.38
2026 0.77 Est @ -0.63% 0.34
2027 0.77 Est @ -0.28% 0.31
2028 0.77 Est @ -0.03% 0.28
Present value of next 10 years cash flows €4.36
HLSE:PIIPPO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €0.77 × (1 + 0.54%) ÷ (10.67% – 0.54%)
€7.63
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €7.63 ÷ (1 + 10.67%)10
€2.77
HLSE:PIIPPO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €4.36 + €2.77
€7.13
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €7.13 / 1.29
€5.51
HLSE:PIIPPO Discount to Share Price
Calculation Result
Value per share (EUR) From above. €5.51
Current discount Discount to share price of €3.56
= -1 x (€3.56 - €5.51) / €5.51
35.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Piippo Oyj is available for.
Intrinsic value
35%
Share price is €3.56 vs Future cash flow value of €5.51
Current Discount Checks
For Piippo Oyj to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Piippo Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Piippo Oyj's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Piippo Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Piippo Oyj's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
HLSE:PIIPPO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €-0.08
HLSE:PIIPPO Share Price ** HLSE (2019-05-22) in EUR €3.56
Europe Luxury Industry PE Ratio Median Figure of 67 Publicly-Listed Luxury Companies 15.93x
Finland Market PE Ratio Median Figure of 107 Publicly-Listed Companies 19.54x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Piippo Oyj.

HLSE:PIIPPO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= HLSE:PIIPPO Share Price ÷ EPS (both in EUR)

= 3.56 ÷ -0.08

-46.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Piippo Oyj is loss making, we can't compare its value to the Europe Luxury industry average.
  • Piippo Oyj is loss making, we can't compare the value of its earnings to the Finland market.
Price based on expected Growth
Does Piippo Oyj's expected growth come at a high price?
Raw Data
HLSE:PIIPPO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -46.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
49.3%per year
Europe Luxury Industry PEG Ratio Median Figure of 39 Publicly-Listed Luxury Companies 1.59x
Finland Market PEG Ratio Median Figure of 91 Publicly-Listed Companies 1.67x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Piippo Oyj, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Piippo Oyj's assets?
Raw Data
HLSE:PIIPPO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €5.50
HLSE:PIIPPO Share Price * HLSE (2019-05-22) in EUR €3.56
Europe Luxury Industry PB Ratio Median Figure of 96 Publicly-Listed Luxury Companies 1.41x
Finland Market PB Ratio Median Figure of 142 Publicly-Listed Companies 1.88x
HLSE:PIIPPO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= HLSE:PIIPPO Share Price ÷ Book Value per Share (both in EUR)

= 3.56 ÷ 5.50

0.65x

* Primary Listing of Piippo Oyj.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Piippo Oyj is good value based on assets compared to the Europe Luxury industry average.
X
Value checks
We assess Piippo Oyj's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Piippo Oyj has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
49.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Piippo Oyj expected to grow at an attractive rate?
  • Piippo Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Piippo Oyj's earnings growth is expected to exceed the Finland market average.
  • Piippo Oyj's revenue growth is expected to exceed the Finland market average.
Annual Growth Rates Comparison
Raw Data
HLSE:PIIPPO Future Growth Rates Data Sources
Data Point Source Value (per year)
HLSE:PIIPPO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 49.3%
HLSE:PIIPPO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 2.5%
Europe Luxury Industry Earnings Growth Rate Market Cap Weighted Average 9.8%
Europe Luxury Industry Revenue Growth Rate Market Cap Weighted Average 7.2%
Finland Market Earnings Growth Rate Market Cap Weighted Average 13.7%
Finland Market Revenue Growth Rate Market Cap Weighted Average 2.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
HLSE:PIIPPO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
HLSE:PIIPPO Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1
2022-12-31 19 1 0 1
2021-12-31 19 1 0 1
2020-12-31 18 2 0 1
2019-12-31 17 1 0 1
2018-12-31 17 1 0 1
HLSE:PIIPPO Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 17 0 0
2018-03-31 17 0 0
2017-12-31 17 1 0
2017-09-30 18 1 0
2017-06-30 18 1 0
2017-03-31 17 1 0
2016-12-31 17 1 1
2016-09-30 16 0 1
2016-06-30 16 0 1
2016-03-31 16 0 0
2015-12-31 16 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Piippo Oyj's earnings are expected to grow significantly at over 20% yearly.
  • Piippo Oyj's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
HLSE:PIIPPO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Piippo Oyj Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:PIIPPO Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.32 0.32 0.32 1.00
2021-12-31 0.26 0.26 0.26 1.00
2020-12-31 0.23 0.23 0.23 1.00
2019-12-31 0.15 0.15 0.15 1.00
2018-12-31 -0.04 -0.04 -0.04 1.00
HLSE:PIIPPO Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 -0.08
2018-03-31 0.10
2017-12-31 0.29
2017-09-30 0.27
2017-06-30 0.26
2017-03-31 0.38
2016-12-31 0.50
2016-09-30 0.49
2016-06-30 0.47
2016-03-31 0.33
2015-12-31 0.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Piippo Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Piippo Oyj's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Piippo Oyj has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Piippo Oyj performed over the past 5 years?

  • Piippo Oyj's last earnings update was 285 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Piippo Oyj's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Piippo Oyj does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Piippo Oyj's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Piippo Oyj's 1-year growth to the Europe Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Piippo Oyj's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Piippo Oyj Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:PIIPPO Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 17.26 -0.10 4.15
2018-03-31 17.30 0.14 4.15
2017-12-31 17.34 0.37 4.15
2017-09-30 17.51 0.35 4.02
2017-06-30 17.68 0.33 3.90
2017-03-31 17.20 0.49 3.90
2016-12-31 16.72 0.65 3.90
2016-09-30 16.31 0.65 3.79
2016-06-30 15.90 0.66 3.69
2016-03-31 15.89 0.44 3.69
2015-12-31 15.88 0.23 3.69
2014-12-31 15.59 0.27 3.15
2013-12-31 11.91 0.02 2.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Piippo Oyj has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Piippo Oyj has efficiently used its assets last year compared to the Europe Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Piippo Oyj improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Piippo Oyj's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Piippo Oyj has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Piippo Oyj's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Piippo Oyj's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Piippo Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Piippo Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Piippo Oyj's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Piippo Oyj Company Filings, last reported 10 months ago.

HLSE:PIIPPO Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 7.11 8.96 0.62
2018-03-31 7.11 8.96 0.62
2017-12-31 7.08 3.15 0.23
2017-09-30 7.08 3.15 0.23
2017-06-30 7.48 7.13 0.75
2017-03-31 7.48 7.13 0.75
2016-12-31 7.07 3.19 0.08
2016-09-30 7.07 3.19 0.08
2016-06-30 7.51 7.53 0.24
2016-03-31 7.51 7.53 0.24
2015-12-31 6.68 3.42 0.08
2014-12-31 4.69 5.46 0.07
2013-12-31 4.70 3.33 0.35
  • Piippo Oyj's level of debt (126%) compared to net worth is high (greater than 40%).
  • Unable to establish if Piippo Oyj's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Piippo Oyj's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Piippo Oyj's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Piippo Oyj has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Piippo Oyj dividends. Estimated to be 0.75% next year.
If you bought €2,000 of Piippo Oyj shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Piippo Oyj's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Piippo Oyj's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
HLSE:PIIPPO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Luxury Industry Average Dividend Yield Market Cap Weighted Average of 52 Stocks 1.8%
Finland Market Average Dividend Yield Market Cap Weighted Average of 101 Stocks 4.4%
Finland Minimum Threshold Dividend Yield 10th Percentile 1.4%
Finland Bottom 25% Dividend Yield 25th Percentile 2.3%
Finland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

HLSE:PIIPPO Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.08 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2018-12-31 0.00 1.00
HLSE:PIIPPO Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-08-14 0.000 0.000
2018-03-12 0.000 0.000
2017-03-24 0.260 4.083
2016-03-18 0.250 4.138

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Piippo Oyj has not reported any payouts.
  • Unable to verify if Piippo Oyj's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Piippo Oyj's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Piippo Oyj has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Piippo Oyj's dividends in 3 years as they are not expected to pay a notable one for Finland.
X
Income/ dividend checks
We assess Piippo Oyj's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Piippo Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Piippo Oyj has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Piippo Oyj's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jukka Keisasen
TENURE AS CEO 1.7 years
CEO Bio

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

CEO Compensation
  • Insufficient data for Jukka to compare compensation growth.
  • Insufficient data for Jukka to establish whether their remuneration is reasonable compared to companies of similar size in Finland.
Management Team Tenure

Average tenure of the Piippo Oyj management team in years:

0.9
Average Tenure
  • The average tenure for the Piippo Oyj management team is less than 2 years, this suggests a new team.
Management Team

Jukka Keisasen

TITLE
Managing Director
TENURE
1.7 yrs

Arja Karvonen

TITLE
Finance Manager

Jaana Mustonen

TITLE
Controller
TENURE
0.9 yrs

Petra Karvonen

TITLE
Assistant Controller
TENURE
0.9 yrs
Board of Directors

Antti Piippo

TITLE
Chairman of the Board of Directors
AGE
71

Tapola Tuomas

TITLE
Member of the Board of Directors

Pekka Piippo

TITLE
Member of the Board of Directors

Ralf Slotte

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Piippo Oyj's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Piippo Oyj has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Volatility 101: Should Piippo Oyj (HEL:PIIPPO) Shares Have Dropped 40%?

Because Piippo Oyj is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … When a company doesn't make profits, we'd generally expect to see good revenue growth. … As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.

Simply Wall St -

Piippo Oyj (HEL:PIIPPO): Time For A Financial Health Check

Investors are always looking for growth in small-cap stocks like Piippo Oyj (HEL:PIIPPO), with a market cap of €5.7m. … However, an important fact which most ignore is: how financially healthy is the business? … Given that PIIPPO is not presently profitable,

Simply Wall St -

How Financially Strong Is Piippo Oyj (HEL:PIIPPO)?

Piippo Oyj (HEL:PIIPPO) is a small-cap stock with a market capitalization of €4.7m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Given that PIIPPO is not presently profitable,

Simply Wall St -

What Investors Should Know About Piippo Oyj's (HEL:PIIPPO) Financial Strength

However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

What Investors Should Know About Piippo Oyj's (HEL:PIIPPO) Financial Strength

However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

Should You Be Happy With Piippo Oyj's (HEL:PIIPPO) Performance Lately?

Understanding Piippo Oyj's (HEL:PIIPPO) performance as a company requires examining more than earnings from one point in time. … Today I will take you through a basic sense check to gain perspective on how Piippo Oyj is doing by evaluating its latest earnings with its longer term trend as well as its industry peers' performance over the same period. … Was PIIPPO's recent earnings decline indicative of a tough track record.

Simply Wall St -

A Look At Piippo Oyj's (HLSE:PIIPPO) Exceptional Fundamentals

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … financial health as well as

Simply Wall St -

What You Must Know About Piippo Oyj's (HEL:PIIPPO) Market Risks

PIIPPO's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … PIIPPO, with its market capitalisation of €6.46M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

Should You Be Tempted To Buy Piippo Oyj (HEL:PIIPPO) Because Of Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PIIPPO Price per share = €5.1 Earnings per share = €0.287 ∴ Price-Earnings Ratio = €5.1 ÷ €0.287 = 17.8x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you inadvertently compared lower risk firms with PIIPPO, then investors would naturally value PIIPPO at a lower price since it is a riskier investment. … Similarly, if you accidentally compared higher growth firms with PIIPPO, investors would also value PIIPPO at a lower price since it is a lower growth investment.

Simply Wall St -

Want To Invest In Piippo Oyj (HEL:PIIPPO)? Here's How It Performed Lately

When Piippo Oyj (HLSE:PIIPPO) announced its most recent earnings (31 December 2017), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … For Piippo Oyj, its latest earnings (trailing twelve month) is €370.86K, which, in comparison to the previous year's figure, has sunken by a substantial -42.98%.

Simply Wall St -

Company Info

Description

Piippo Oyj manufactures and distributes agricultural twines and net wraps, consumer products, and B-to-B products in Finland. The company offers agricultural products, including baler net wraps and twines; and consumer products, such as synthetic ropes and twines, natural ropes and twines, railing and decorative ropes, household twines, starting ropes, binding straps, and link chains. It also provides B to B special products comprising cable fillers and armoring yarns. The company also exports its products to approximately 30 countries. Piippo Oyj was founded in 1942 and is headquartered in Outokumpu, Finland.

Details
Name: Piippo Oyj
PIIPPO
Exchange: HLSE
Founded: 1942
€4,602,179
1,292,747
Website: http://www.piippo.fi
Address: Piippo Oyj
Sysmäjärventie 3,
Outokumpu,
North Karelia, 83500,
Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE PIIPPO Common Stock OMX Nordic Exchange Helsinki FI EUR 10. Mar 2015
Number of employees
Current staff
Staff numbers
0
Piippo Oyj employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 22:06
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2019/03/14
Last earnings filing: 2018/08/14
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.