HLSE:PIZZA

Stock Analysis Report

Executive Summary

Kotipizza Group Oyj, together with its subsidiaries, engages in the franchising, wholesale, and fast casual restaurant businesses in Finland.

Snowflake

Fundamentals

Reasonable growth potential with adequate balance sheet.

Risks

  • Kotipizza Group Oyj has significant price volatility in the past 3 months.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

HLSE:PIZZA

3.8%

FI Hospitality

1.7%

FI Market


1 Year Return

62.5%

HLSE:PIZZA

-1.8%

FI Hospitality

-6.4%

FI Market

PIZZA outperformed the Hospitality industry which returned -7.4% over the past year.

PIZZA outperformed the Market in Finland which returned 2.4% over the past year.


Share holder returns

PIZZAIndustryMarket
7 Day0%3.8%1.7%
30 Day0.9%-1.8%-3.0%
90 Day37.3%6.6%0.07%
1 Year69.6%62.5%1.5%-1.8%-2.2%-6.4%
3 Year339.9%288.5%15.8%5.1%26.8%12.3%
5 Yearn/a47.6%24.1%54.4%25.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

29.91x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Kotipizza Group Oyj's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Kotipizza Group Oyj's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Kotipizza Group Oyj is overvalued based on earnings compared to the Europe Hospitality industry average.

Kotipizza Group Oyj is overvalued based on earnings compared to the Finland market.


Price Based on Expected Growth

Kotipizza Group Oyj is poor value based on expected growth next year.


Price Based on Value of Assets

Kotipizza Group Oyj is overvalued based on assets compared to the Europe Hospitality industry average.


Next Steps

Future Growth

How is Kotipizza Group Oyj expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

20.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Kotipizza Group Oyj's revenue is expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).

Kotipizza Group Oyj's earnings are expected to grow significantly at over 20% yearly.

Kotipizza Group Oyj's revenue growth is expected to exceed the Finland market average.

Kotipizza Group Oyj's earnings growth is expected to exceed the Finland market average.

Kotipizza Group Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.


Earnings per Share Growth Estimates


Future Return on Equity

Kotipizza Group Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Kotipizza Group Oyj performed over the past 5 years?

53.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Kotipizza Group Oyj has delivered over 20% year on year earnings growth in the past 5 years.

Kotipizza Group Oyj's 1-year earnings growth is less than its 5-year average (14.4% vs 53%)

Kotipizza Group Oyj's earnings growth has not exceeded the Europe Hospitality industry average in the past year (14.4% vs 14.5%).


Return on Equity

Kotipizza Group Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Kotipizza Group Oyj used its assets more efficiently than the Europe Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

Kotipizza Group Oyj has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Kotipizza Group Oyj's financial position?


Financial Position Analysis

Kotipizza Group Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Kotipizza Group Oyj's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Kotipizza Group Oyj's level of debt (45.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (638.9% vs 45.6% today).

Debt is well covered by operating cash flow (45.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 66.7x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.2x debt.


Next Steps

Dividend

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

3.43%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate Kotipizza Group Oyj's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Kotipizza Group Oyj's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Kotipizza Group Oyj has not reported any payouts.

Unable to verify if Kotipizza Group Oyj's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Kotipizza Group Oyj has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.6x coverage).


Next Steps

Management

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

4.1yrs

Average management tenure


CEO

Tommi Tervanen 0

6.3yrs

Tenure

€241,000

Compensation

Mr. Tommi Tervanen has been Chief Executive Officer at Kotipizza Oyj. He has been Chief Executive Officer at Kotipizza Group Oyj since November 2012 and has been its Managing Director since November 1, 201 ...


CEO Compensation Analysis

Tommi's remuneration is lower than average for companies of similar size in Finland.

Tommi's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.1yrs

Average Tenure

The tenure for the Kotipizza Group Oyj management team is about average.


Board Age and Tenure

4.1yrs

Average Tenure

The tenure for the Kotipizza Group Oyj board of directors is about average.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Timo Pirskanen

    CFO & Member of Management Board

    • Tenure: 4.1yrs
  • Tommi Tervanen

    CEO, MD & Member of Management Board

    • Tenure: 6.3yrs
    • Compensation: €241.00k
  • Antti Isokangas

    Chief Communications & Corporate Responsibility Officer and Member of Management Board

    • Tenure: 0.0yrs
  • Anssi Koivula

    Chief Procurement Officer & Member of Management Board

    • Tenure: 0.0yrs
  • Heidi Stirkkinen (50yo)

    COO & Member of Executive Board

    • Tenure: 1.4yrs

Board Members

  • Minna Nissinen (50yo)

    Director

    • Tenure: 4.1yrs
    • Compensation: €2.00k
  • Petri Parvinen

    Director

    • Tenure: 4.1yrs
    • Compensation: €2.00k
  • Kim Hanslin

    Director

    • Tenure: 6.3yrs
    • Compensation: €8.00k
  • Kalle Ruuskanen

    Chairman of the Board

    • Tenure: 1.8yrs
    • Compensation: €2.00k
  • Marko Fonsen

    Operative Director

    • Tenure: 0.0yrs
  • Dan Castillo

    Member of the Board of Directors

    • Tenure: 0.0yrs

Company Information

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


Key Information

  • Name: Kotipizza Group Oyj
  • Ticker: PIZZA
  • Exchange: HLSE
  • Founded: 1987
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: €146.078m
  • Shares outstanding: 6.35m
  • Website: https://www.kotipizzagroup.com

Number of Employees


Location

  • Kotipizza Group Oyj
  • Hermannin rantatie 2 B
  • Helsinki
  • Uusimaa
  • 580
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PIZZAHLSE (OMX Nordic Exchange Helsinki)YesOrdinary SharesFIEURJul 2015
0R98LSE (London Stock Exchange)YesOrdinary SharesGBEURJul 2015

Biography

Kotipizza Group Oyj, together with its subsidiaries, engages in the franchising, wholesale, and fast casual restaurant businesses in Finland. The company has 266 Kotipizza franchised restaurants; 13 Chalup ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/02/08 22:28
End of Day Share Price2019/02/08 00:00
Earnings2018/10/31
Annual Earnings2018/01/31


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.