Taaleri Oyj (HLSE:TAALA) - Share price, News & Analysis

TAALA fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

TAALA Stock Overview

Taaleri Oyj is a publicly owned asset management holding company.

Rewards

Trading at 43.7% below our estimate of its fair value

Risk Analysis

Earnings are forecast to decline by an average of 3% per year for the next 3 years

Unstable dividend track record

Volatile share price over the past 3 months

Taaleri Oyj Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Taaleri Oyj
Historical stock prices
Current Share Price	€10.16
52 Week High	€14.82
52 Week Low	€9.73
Beta	1.17
1 Month Change	-7.80%
3 Month Change	-11.27%
1 Year Change	-14.26%
3 Year Change	35.11%
5 Year Change	24.66%
Change since IPO	238.67%

Recent News & Updates

May 10

Analysts Just Made An Incredible Upgrade To Their Taaleri Oyj (HEL:TAALA) Forecasts

Taaleri Oyj ( HEL:TAALA ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...

Shareholder Returns

	TAALA	FI Capital Markets	FI Market
7D	1.2%	2.2%	2.5%
1Y	-14.3%	0.9%	-11.7%

Return vs Industry: TAALA underperformed the Finnish Capital Markets industry which returned 0.9% over the past year.

Return vs Market: TAALA underperformed the Finnish Market which returned -11.7% over the past year.

Price Volatility

Is TAALA's price volatile compared to industry and market?
TAALA volatility
TAALA Average Weekly Movement	7.6%
Capital Markets Industry Average Movement	6.0%
Market Average Movement	6.2%
10% most volatile stocks in FI Market	9.0%
10% least volatile stocks in FI Market	4.4%

Stable Share Price: TAALA is more volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: TAALA's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Finnish stocks.

About the Company

Founded	Employees	CEO	Website
2009	101	Peter Ramsay	https://www.taaleri.com/fi

Taaleri Oyj is a publicly owned asset management holding company. The firm provides its services to private individuals, institutional investors and companies. Through its subsidiaries, the firm provides wealth management and trading services to its clients.

Taaleri Oyj Fundamentals Summary

How do Taaleri Oyj's earnings and revenue compare to its market cap?
TAALA fundamental statistics
Market Cap	€287.59m
Earnings (TTM)	€15.90m
Revenue (TTM)	€68.26m

18.1x

P/E Ratio

4.2x

P/S Ratio

Is TAALA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TAALA income statement (TTM)
Revenue	€68.26m
Cost of Revenue	€10.69m
Gross Profit	€57.57m
Other Expenses	€41.67m
Earnings	€15.90m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 19, 2022

Earnings per share (EPS)	0.56
Gross Margin	84.34%
Net Profit Margin	23.29%
Debt/Equity Ratio	6.6%

How did TAALA perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

71%

Payout Ratio

Valuation

Is Taaleri Oyj 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

43.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TAALA (€10.16) is trading below our estimate of fair value (€18.03)

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

Price To Earnings Ratio

PE vs Industry: TAALA is poor value based on its PE Ratio (18.1x) compared to the Finnish Capital Markets industry average (14.4x).

PE vs Market: TAALA is poor value based on its PE Ratio (18.1x) compared to the Finnish market (17.6x).

Price to Earnings Growth Ratio

PEG Ratio: TAALA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.

Price to Book Ratio

PB vs Industry: TAALA is good value based on its PB Ratio (1.3x) compared to the FI Capital Markets industry average (2.3x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-3.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TAALA's earnings are forecast to decline over the next 3 years (-3% per year).

Earnings vs Market: TAALA's earnings are forecast to decline over the next 3 years (-3% per year).

High Growth Earnings: TAALA's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TAALA's revenue is expected to decline over the next 3 years (-2.4% per year).

High Growth Revenue: TAALA's revenue is forecast to decline over the next 3 years (-2.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TAALA's Return on Equity is forecast to be low in 3 years time (11.2%).

Past Performance

How has Taaleri Oyj performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-11.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TAALA has high quality earnings.

Growing Profit Margin: TAALA's current net profit margins (23.3%) are lower than last year (31.8%).

Past Earnings Growth Analysis

Earnings Trend: TAALA's earnings have declined by 11.6% per year over the past 5 years.

Accelerating Growth: TAALA's earnings growth over the past year (3.6%) exceeds its 5-year average (-11.6% per year).

Earnings vs Industry: TAALA earnings growth over the past year (3.6%) underperformed the Capital Markets industry 66%.

Return on Equity

High ROE: TAALA's Return on Equity (7.3%) is considered low.

Financial Health

How is Taaleri Oyj's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: TAALA's short term assets (€95.0M) exceed its short term liabilities (€14.6M).

Long Term Liabilities: TAALA's short term assets (€95.0M) exceed its long term liabilities (€71.9M).

Debt to Equity History and Analysis

Debt Level: TAALA has more cash than its total debt.

Reducing Debt: TAALA's debt to equity ratio has reduced from 64.6% to 6.6% over the past 5 years.

Debt Coverage: TAALA's debt is well covered by operating cash flow (810.1%).

Interest Coverage: TAALA's interest payments on its debt are well covered by EBIT (13.8x coverage).

Balance Sheet

Dividend

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

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.94%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TAALA's dividend (3.94%) is higher than the bottom 25% of dividend payers in the Finnish market (2.38%).

High Dividend: TAALA's dividend (3.94%) is low compared to the top 25% of dividend payers in the Finnish market (4.74%).

Stability and Growth of Payments

Stable Dividend: TAALA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TAALA's dividend payments have increased, but the company has only paid a dividend for 8 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (71.2%), TAALA's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.4%), TAALA's dividend payments are thoroughly covered by cash flows.

Discover strong dividend paying companies

Management

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

2.8yrs

Average management tenure

CEO

Peter Ramsay (54 yo)

0.42

Tenure

Mr. Peter Ramsay, M.Sc. served as Director of Taaleri Oyj since March 2021 until October 25, 2021. He had been Director at CapMan Oyj since March 13, 2019 until March 17, 2021. He serves as Member of Manag...

Leadership Team

Experienced Management: TAALA's management team is considered experienced (2.8 years average tenure).

Board Members

Experienced Board: TAALA's board of directors are considered experienced (3.3 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/19 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31