HLSE:FELLOW

Stock Analysis Report

Executive Summary

Fellow Finance Oyj, a fintech company, provides crowdfunding and peer-to-peer loan services to individuals and businesses in Finland, Poland, Germany, and Sweden.

Rewards

Earnings are forecast to grow 72.47% per year

Risk Analysis

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year

Does not have a meaningful market cap (€26M)



Snowflake Analysis

Reasonable growth potential with worrying balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-8.1%

FELLOW

1.7%

FI Consumer Finance

-0.3%

FI Market


1 Year Return

-53.8%

FELLOW

-11.5%

FI Consumer Finance

10.1%

FI Market

Return vs Industry: FELLOW underperformed the Finnish Consumer Finance industry which returned -11.3% over the past year.

Return vs Market: FELLOW underperformed the Finnish Market which returned 11.1% over the past year.


Shareholder returns

FELLOWIndustryMarket
7 Day-8.1%1.7%-0.3%
30 Day-11.8%-0.4%1.9%
90 Day2.9%9.4%9.4%
1 Year-53.6%-53.8%-7.9%-11.5%15.1%10.1%
3 Yearn/a-23.8%-38.7%34.8%18.7%
5 Yearn/a-10.8%-36.1%48.6%20.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

55.15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FELLOW (€3.53) is trading above our estimate of fair value (€1.86)

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


Price To Earnings Ratio

PE vs Industry: FELLOW is unprofitable, so we can't compare its PE Ratio to the Consumer Finance industry average.

PE vs Market: FELLOW is unprofitable, so we can't compare its PE Ratio to the Finnish market.


Price to Earnings Growth Ratio

PEG Ratio: FELLOW is unprofitable, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: FELLOW is overvalued based on its PB Ratio (1.7x) compared to the XE Consumer Finance industry average (1.3x).


Next Steps

Future Growth

How is Fellow Finance Oyj forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

72.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FELLOW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.1%).

Earnings vs Market: FELLOW is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: FELLOW's is expected to become profitable in the next 3 years.

Revenue vs Market: FELLOW's revenue (19.8% per year) is forecast to grow faster than the Finnish market (0.1% per year).

High Growth Revenue: FELLOW's revenue (19.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FELLOW's Return on Equity is forecast to be low in 3 years time (16.6%).


Next Steps

Past Performance

How has Fellow Finance Oyj performed over the past 5 years?

-4.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FELLOW is currently unprofitable.

Growing Profit Margin: FELLOW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FELLOW is unprofitable, and losses have increased over the past 5 years at a rate of -4.1% per year.

Accelerating Growth: Unable to compare FELLOW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FELLOW is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (11%).


Return on Equity

High ROE: FELLOW has a negative Return on Equity (-0.48%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Fellow Finance 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

Inventory Level: FELLOW has a low level of unsold assets or inventory.

Debt Coverage by Assets: FELLOW's debt is covered by short term assets (assets are 3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FELLOW has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: FELLOW has been profitable on average in the past, therefore cash runway is not a concern.


Financial Institutions Analysis

Asset Level: FELLOW's level of assets compared to its equity is low.

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

Low Risk Liabilities: FELLOW reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if FELLOW has an acceptable proportion of non-loan assets held.

Low Risk Deposits: FELLOW has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if FELLOW has an appropriate level of bad loans.


Next Steps

Dividend

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

1.13%

Current Dividend Yield


Dividend Yield vs Market

company1.1%marketbottom25%2.1%markettop25%4.5%industryaverage4.2%forecastin3Years1.3%

Current dividend yield vs market & industry

Notable Dividend: FELLOW's dividend (1.13%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (2.07%).

High Dividend: FELLOW's dividend (1.13%) is low compared to the top 25% of dividend payers in the Finnish market (4.43%).


Stability and Growth of Payments

Stable Dividend: FELLOW is not paying a notable dividend for the Finnish market, therefore no need to check if payments are stable.

Growing Dividend: FELLOW is not paying a notable dividend for the Finnish market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

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


CEO

Jouni Hintikka 0

7.1yrs

Tenure

0

Mr. Jouni Hintikka is Co-Founder of Fellow Finance Oyj and serves as its Chief Executive Officer since 2013. Mr. Hintikka is an experienced leader in the field of banking services. He has been in leading p ...


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 been diluted in the past year, with total shares outstanding growing by 16.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: Fellow Finance Oyj
  • Ticker: FELLOW
  • Exchange: HLSE
  • Founded: 2013
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: €26.184m
  • Shares outstanding: 7.17m
  • Website: https://www.fellowfinance.fi

Number of Employees


Location

  • Fellow Finance Oyj
  • Ratakatu 1 b A 10
  • Helsinki
  • Uusimaa
  • 120
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FELLOWHLSE (OMX Nordic Exchange Helsinki)YesShare CapitalFIEUROct 2018

Biography

Fellow Finance Oyj, a fintech company, provides crowdfunding and peer-to-peer loan services to individuals and businesses in Finland, Poland, Germany, and Sweden. It offers personal loans; and business loans, as well as invoice funding, supply chain finance, and auction-based pricing services. The company was founded in 2013 and is based in Helsinki, Finland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 23:11
End of Day Share Price2020/02/17 00:00
Earnings2019/12/31
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.