Piippo Oyj manufactures and sells baling net wraps and baling twines for farmers in Finland and internationally.
Adequate balance sheet and fair value.
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.
7 Day Return
1 Year Return
Return vs Industry: PIIPPO underperformed the Finnish Luxury industry which returned 1.6% over the past year.
Return vs Market: PIIPPO underperformed the Finnish Market which returned 3.9% over the past year.
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
2 weeks ago | Simply Wall StHow Does Piippo Oyj (HEL:PIIPPO) Fare As A Dividend Stock?
1 month ago | Simply Wall StHere's Why Piippo Oyj (HEL:PIIPPO) Has A Meaningful Debt Burden
4 months ago | Simply Wall StRead This Before Buying Piippo Oyj (HEL:PIIPPO) For Its Dividend
Is Piippo 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: PIIPPO (€2.86) is trading below our estimate of fair value (€14.15)
Significantly Below Fair Value: PIIPPO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PIIPPO is poor value based on its PE Ratio (36x) compared to the Luxury industry average (17x).
PE vs Market: PIIPPO is poor value based on its PE Ratio (36x) compared to the Finnish market (19.6x).
Price to Earnings Growth Ratio
PEG Ratio: PIIPPO is poor value based on its PEG Ratio (1.4x)
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 (1.1x).
How is Piippo Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PIIPPO's forecast earnings growth (25.4% per year) is above the savings rate (0.4%).
Earnings vs Market: PIIPPO's earnings (25.4% per year) are forecast to grow faster than the Finnish market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PIIPPO's revenue (2% per year) is forecast to grow slower than the Finnish market (5.9% per year).
High Growth Revenue: PIIPPO's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PIIPPO's Return on Equity is forecast to be low in 3 years time (4.6%).
How has Piippo Oyj performed over the past 5 years?
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 -50.1% 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 (-17.7%).
Return on Equity
High ROE: PIIPPO's Return on Equity (1.5%) is considered low.
How is Piippo Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: PIIPPO's short term assets (€9.1M) exceed its short term liabilities (€7.1M).
Long Term Liabilities: PIIPPO's short term assets (€9.1M) exceed its long term liabilities (€1.8M).
Debt to Equity History and Analysis
Debt Level: PIIPPO's debt to equity ratio (96%) is considered high.
Reducing Debt: PIIPPO's debt to equity ratio has reduced from 116.1% to 96% over the past 5 years.
Debt Coverage: PIIPPO's debt is well covered by operating cash flow (26.5%).
Interest Coverage: PIIPPO's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Piippo Oyj's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PIIPPO's dividend (7.94%) is higher than the bottom 25% of dividend payers in the Finnish market (2.45%).
High Dividend: PIIPPO's dividend (7.94%) is in the top 25% of dividend payers in the Finnish market (5.05%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PIIPPO has been paying a dividend for less than 10 years.
Growing Dividend: PIIPPO has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management 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.
|Managing Director||2.75yrs||no data||no data|
|Finance Manager||no data||no data||no data|
|Chief Financial Officer||0.33yr||no data||no data|
|Technical Manager||no data||no data||no data|
|Sales Director||no data||no data||no data|
|Controller||2yrs||no data||no data|
|Controller||no data||no data||no data|
Experienced Management: PIIPPO's management team is considered experienced (2 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.
Piippo Oyj's company bio, employee growth, exchange listings and data sources
- Name: Piippo Oyj
- Ticker: PIIPPO
- Exchange: HLSE
- Founded: 1942
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: €3.749m
- Shares outstanding: 1.29m
- Website: https://www.piippo.fi
- Piippo Oyj
- SysmAejAerventie 3
- North Karelia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PIIPPO||HLSE (OMX Nordic Exchange Helsinki)||Yes||Common Stock||FI||EUR||Mar 2015|
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 yarns; and consumer products, such as synthetic ropes and twines, rolleri, natural ropes and twines, railing and decorative ropes, products for household use, towing ropes, binding straps, starting ropes, and short and long link chains. Piippo Oyj was founded in 1942 and is based in Outokumpu, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/03 00:22|
|End of Day Share Price||2020/06/02 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.