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PART

Partnera Oy HLSE:PARTNE1 Stock Report

Last Price

€1.80

Market Cap

€63.3m

7D

5.0%

1Y

-25.3%

Updated

23 May, 2022

Data

Company Financials +
PARTNE1 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health4/6
Dividends2/6

PARTNE1 Stock Overview

Partnera Oy is a principal investment firm specializing in investing in companies operating in the public sector.

Partnera Oy Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Partnera Oy
Historical stock prices
Current Share Price€1.80
52 Week High€2.74
52 Week Low€1.64
Beta0
1 Month Change-13.04%
3 Month Change-11.77%
1 Year Change-25.31%
3 Year Changen/a
5 Year Changen/a
Change since IPO-27.13%

Recent News & Updates

Apr 19
Earnings Working Against Partnera Oy's (HEL:PARTNE1) Share Price

Earnings Working Against Partnera Oy's (HEL:PARTNE1) Share Price

With a price-to-earnings (or "P/E") ratio of 14.5x Partnera Oy ( HEL:PARTNE1 ) may be sending bullish signals at the...

Shareholder Returns

PARTNE1FI Capital MarketsFI Market
7D5.0%-0.4%-0.2%
1Y-25.3%-0.2%-13.4%

Return vs Industry: PARTNE1 underperformed the Finnish Capital Markets industry which returned -0.2% over the past year.

Return vs Market: PARTNE1 underperformed the Finnish Market which returned -13.4% over the past year.

Price Volatility

Is PARTNE1's price volatile compared to industry and market?
PARTNE1 volatility
PARTNE1 Average Weekly Movement5.6%
Capital Markets Industry Average Movement5.7%
Market Average Movement6.2%
10% most volatile stocks in FI Market9.0%
10% least volatile stocks in FI Market4.4%

Stable Share Price: PARTNE1 is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PARTNE1's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a309Jari Pirkolahttps://www.partnera.fi

Partnera Oy is a principal investment firm specializing in investing in companies operating in the public sector. It invests in municipal-owned limited liability companies, new companies created by the incorporation of municipal functions and privately owned companies producing municipal services. It focuses specifically in companies operating in energy, social and health care, logistics, circular economy and waste management sectors.

Partnera Oy Fundamentals Summary

How do Partnera Oy's earnings and revenue compare to its market cap?
PARTNE1 fundamental statistics
Market Cap€63.28m
Earnings (TTM)€3.30m
Revenue (TTM)€78.21m

19.7x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PARTNE1 income statement (TTM)
Revenue€78.21m
Cost of Revenue€29.17m
Gross Profit€49.03m
Other Expenses€45.73m
Earnings€3.30m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.091
Gross Margin62.70%
Net Profit Margin4.22%
Debt/Equity Ratio60.8%

How did PARTNE1 perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

89%

Payout Ratio

Valuation

Is Partnera Oy undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


39.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PARTNE1 (€1.8) is trading below our estimate of fair value (€2.99)

Significantly Below Fair Value: PARTNE1 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PARTNE1 is poor value based on its PE Ratio (19.7x) compared to the Finnish Capital Markets industry average (14.3x).

PE vs Market: PARTNE1 is poor value based on its PE Ratio (19.7x) compared to the Finnish market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: PARTNE1 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: PARTNE1 is good value based on its PB Ratio (0.9x) compared to the FI Capital Markets industry average (2.3x).


Future Growth

How is Partnera Oy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PARTNE1's forecast earnings growth (15.4% per year) is above the savings rate (0.2%).

Earnings vs Market: PARTNE1's earnings (15.4% per year) are forecast to grow faster than the Finnish market (8.7% per year).

High Growth Earnings: PARTNE1's earnings are forecast to grow, but not significantly.

Revenue vs Market: PARTNE1's revenue (9.3% per year) is forecast to grow faster than the Finnish market (2.9% per year).

High Growth Revenue: PARTNE1's revenue (9.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PARTNE1's Return on Equity is forecast to be low in 3 years time (7%).


Past Performance

How has Partnera Oy performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-10.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PARTNE1 has high quality earnings.

Growing Profit Margin: PARTNE1's current net profit margins (4.2%) are lower than last year (19.5%).


Past Earnings Growth Analysis

Earnings Trend: PARTNE1's earnings have declined by 10.8% per year over the past 5 years.

Accelerating Growth: PARTNE1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PARTNE1 had negative earnings growth (-45.7%) over the past year, making it difficult to compare to the Capital Markets industry average (66%).


Return on Equity

High ROE: PARTNE1's Return on Equity (5%) is considered low.


Financial Health

How is Partnera Oy's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PARTNE1's short term assets (€90.7M) exceed its short term liabilities (€67.4M).

Long Term Liabilities: PARTNE1's short term assets (€90.7M) exceed its long term liabilities (€39.7M).


Debt to Equity History and Analysis

Debt Level: PARTNE1's net debt to equity ratio (38.6%) is considered satisfactory.

Reducing Debt: PARTNE1's debt to equity ratio has increased from 0.04% to 60.8% over the past 5 years.

Debt Coverage: PARTNE1's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PARTNE1's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Dividend

What is Partnera Oy current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.44%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PARTNE1's dividend (4.44%) is higher than the bottom 25% of dividend payers in the Finnish market (2.39%).

High Dividend: PARTNE1's dividend (4.44%) is low compared to the top 25% of dividend payers in the Finnish market (4.69%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether PARTNE1's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if PARTNE1's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (88.9%), PARTNE1's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: PARTNE1 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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


CEO

Jari Pirkola

4.58yrs

Tenure

Mr. Jari Pirkola is the Chief Executive Officer of Partnera Oy since October 2, 2017 and serves as its President.


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

Partnera Oy's employee growth, exchange listings and data sources


Key Information

  • Name: Partnera Oy
  • Ticker: PARTNE1
  • Exchange: HLSE
  • Founded: NaN
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: €63.282m
  • Shares outstanding: 36.16m
  • Website: https://www.partnera.fi

Number of Employees


Location

  • Partnera Oy
  • Kauppurienkatu 12 B
  • Oulu
  • Northern Ostrobothnia
  • 90100
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.