HLSE:EVLI

Stock Analysis Report

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Executive Summary

Evli Pankki Oyj provides various investment products and services to institutions, companies, and high net worth individuals in Finland, Sweden, and internationally. More Details


Snowflake Analysis

Solid track record with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EVLI is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EVLI's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

1.3%

EVLI

1.5%

FI Capital Markets

1.9%

FI Market


1 Year Return

26.4%

EVLI

16.1%

FI Capital Markets

9.4%

FI Market

Return vs Industry: EVLI exceeded the Finnish Capital Markets industry which returned 13.9% over the past year.

Return vs Market: EVLI exceeded the Finnish Market which returned 8.8% over the past year.


Shareholder returns

EVLIIndustryMarket
7 Day1.3%1.5%1.9%
30 Day7.1%8.9%7.0%
90 Day17.3%11.3%6.0%
1 Year34.3%26.4%22.8%16.1%18.8%9.4%
3 Year48.6%23.9%32.8%14.9%31.7%7.8%
5 Year80.0%35.6%86.3%44.9%53.7%20.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

16.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EVLI (€11.35) is trading above our estimate of fair value (€9.24)

Significantly Below Fair Value: EVLI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EVLI is good value based on its PE Ratio (16.4x) compared to the FI Capital Markets industry average (22.8x).

PE vs Market: EVLI is good value based on its PE Ratio (16.4x) compared to the Finnish market (23.1x).


Price to Earnings Growth Ratio

PEG Ratio: EVLI is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: EVLI is overvalued based on its PB Ratio (3.3x) compared to the FI Capital Markets industry average (2.3x).


Next Steps

Future Growth

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

7.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVLI's forecast earnings growth (7.5% per year) is above the savings rate (0.4%).

Earnings vs Market: EVLI's earnings (7.5% per year) are forecast to grow slower than the Finnish market (15.2% per year).

High Growth Earnings: EVLI's earnings are forecast to grow, but not significantly.

Revenue vs Market: EVLI's revenue (6.7% per year) is forecast to grow faster than the Finnish market (4.8% per year).

High Growth Revenue: EVLI's revenue (6.7% 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 EVLI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Evli Pankki Oyj performed over the past 5 years?

9.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVLI has high quality earnings.

Growing Profit Margin: EVLI's current net profit margins (22.6%) are higher than last year (18.6%).


Past Earnings Growth Analysis

Earnings Trend: EVLI's earnings have grown by 9.6% per year over the past 5 years.

Accelerating Growth: EVLI's earnings growth over the past year (27.8%) exceeds its 5-year average (9.6% per year).

Earnings vs Industry: EVLI earnings growth over the past year (27.8%) exceeded the Capital Markets industry -5.2%.


Return on Equity

High ROE: Whilst EVLI's Return on Equity (22.65%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Evli Pankki Oyj's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: EVLI's Assets to Equity ratio (12.3x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if EVLI has a sufficient allowance for bad loans.

Low Risk Liabilities: 54% of EVLI's liabilities are made up of primarily higher risk sources of funding.

Loan Level: EVLI has an appropriate level of Loans to Assets ratio (10%).

Low Risk Deposits: EVLI's Loans to Deposits ratio (24%) is appropriate.

Level of Bad Loans: EVLI has an appropriate level of bad loans (0.3%).


Next Steps

Dividend

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

5.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EVLI's dividend (5.81%) is higher than the bottom 25% of dividend payers in the Finnish market (1.91%).

High Dividend: EVLI's dividend (5.81%) is in the top 25% of dividend payers in the Finnish market (4.42%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, EVLI has been paying a dividend for less than 10 years.

Growing Dividend: EVLI's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (95.2%), EVLI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EVLI's dividends in 3 years are forecast to be covered by earnings (81.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Maunu Lehtimaki (53 yo)

14yrs

Tenure

€488,116

Compensation

Mr. Maunu Lehtimäki, M.Sc. (Econ.), serves as the Chief Executive Officer of Evli Pankki Oyj (a/k/a, Evli Bank Plc) and served as its and Partner. Mr. Lehtimäki joined Evli Bank Plc in 1996. He served as a...


CEO Compensation Analysis

Compensation vs Market: Maunu's total compensation ($USD581.30K) is about average for companies of similar size in the Finnish market ($USD658.41K).

Compensation vs Earnings: Maunu's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Maunu Lehtimaki
Chief Executive Officer14yrs€488.12k2.9%
€ 7.7m
Jyri Viskari
Managing Directorno datano datano data
Claes Tallberg
Managing Directorno datano data1.69%
€ 4.5m
Kai Karttunen
Managing Director and Co-Founderno datano datano data
Roger Kempe
Founding Partner and Executive Vice Presidentno datano datano data
Juho Mikola
CFO & Deputy CEOno datano data0.36%
€ 954.5k
Panu Jousimies
Head of Execution & Operations3.83yrsno data0.73%
€ 1.9m
Jari Sevon
Chief Investment Officer2.83yrsno datano data
Mikael Thunved
Head of Corporate Financeno datano data0.59%
€ 1.6m
Mikaela Herrala
Investor Relations & Communications Managerno datano datano data
Mari Etholén
Head of Human Resources & Legal Affairsno datano data0.32%
€ 854.6k
Petre Pomell
Chief Marketing Officerno datano datano data

3.8yrs

Average Tenure

52yo

Average Age

Experienced Management: EVLI's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Henrik Andersin
Chairman of the Board14.83yrsno datano data
Teuvo Salminen
Independent Director10.83yrsno data0.21%
€ 560.0k
Mikael Lilius
Independent Vice Chairman2.67yrsno data0.16%
€ 431.0k
Robert Ingman
Director10.83yrsno data0.0084%
€ 22.4k
Sari Helander
Independent Director1.67yrsno data0.0076%
€ 20.2k
Fredrik Hacklin
Independent Director1.67yrsno datano data

6.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: EVLI's board of directors are considered experienced (6.8 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

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


Key Information

  • Name: Evli Pankki Oyj
  • Ticker: EVLI
  • Exchange: HLSE
  • Founded: 1985
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: €266.341m
  • Shares outstanding: 23.78m
  • Website: https://www.evli.com

Number of Employees


Location

  • Evli Pankki Oyj
  • Aleksanterinkatu 19 A
  • 4th Floor
  • Helsinki
  • Uusimaa
  • 101
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVLIHLSE (OMX Nordic Exchange Helsinki)YesSeries B SharesFIEURDec 2015
EVLIHBATS-CHIXE (BATS 'Chi-X Europe')YesSeries B SharesGBEURDec 2015

Biography

Evli Pankki Oyj provides various investment products and services to institutions, companies, and high net worth individuals in Finland, Sweden, and internationally. It operates through two segments, Wealt...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/25 21:08
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
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.