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TITA

Titanium Oyj HLSE:TITAN Stock Report

Last Price

€12.55

Market Cap

€129.2m

7D

0%

1Y

-3.8%

Updated

24 May, 2022

Data

Company Financials +
TITAN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends4/6

TITAN Stock Overview

Titanium Oyj engages in the fund and asset management business in Finland.

Titanium Oyj Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Titanium Oyj
Historical stock prices
Current Share Price€12.55
52 Week High€16.10
52 Week Low€11.30
Beta0.61
1 Month Change-4.56%
3 Month Change-3.83%
1 Year Change-3.83%
3 Year Change56.88%
5 Year Changen/a
Change since IPO126.53%

Recent News & Updates

Shareholder Returns

TITANFI Capital MarketsFI Market
7D0%1.0%-0.4%
1Y-3.8%2.4%-12.6%

Return vs Industry: TITAN underperformed the Finnish Capital Markets industry which returned 1.1% over the past year.

Return vs Market: TITAN exceeded the Finnish Market which returned -12.2% over the past year.

Price Volatility

Is TITAN's price volatile compared to industry and market?
TITAN volatility
TITAN Average Weekly Movement4.6%
Capital Markets Industry Average Movement5.4%
Market Average Movement5.9%
10% most volatile stocks in FI Market8.5%
10% least volatile stocks in FI Market4.1%

Stable Share Price: TITAN is less volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TITAN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200961Tommi Santanenhttps://www.titanium.fi

Titanium Oyj engages in the fund and asset management business in Finland. The company offers services in the areas of mutual funds, investment funds, insurance intermediation and brokerage, and investment advisory. It serves private, institutional, and corporate clients.

Titanium Oyj Fundamentals Summary

How do Titanium Oyj's earnings and revenue compare to its market cap?
TITAN fundamental statistics
Market Cap€129.22m
Earnings (TTM)€9.29m
Revenue (TTM)€23.11m

13.9x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TITAN income statement (TTM)
Revenue€23.11m
Cost of Revenue€7.64m
Gross Profit€15.47m
Other Expenses€6.18m
Earnings€9.29m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin66.93%
Net Profit Margin40.20%
Debt/Equity Ratio4.7%

How did TITAN perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

81%

Payout Ratio

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


28.3%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TITAN (€12.55) is trading below our estimate of fair value (€17.49)

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


Price To Earnings Ratio

PE vs Industry: TITAN is good value based on its Price-To-Earnings Ratio (13.9x) compared to the Finnish Capital Markets industry average (14.2x).

PE vs Market: TITAN is good value based on its Price-To-Earnings Ratio (13.9x) compared to the Finnish market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: TITAN is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: TITAN is overvalued based on its Price-To-Book Ratio (5.4x) compared to the FI Capital Markets industry average (2.4x).


Future Growth

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

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TITAN's forecast earnings growth (13.2% per year) is above the savings rate (0.2%).

Earnings vs Market: TITAN's earnings (13.2% per year) are forecast to grow faster than the Finnish market (8.6% per year).

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

Revenue vs Market: TITAN's revenue (9.8% per year) is forecast to grow faster than the Finnish market (2.9% per year).

High Growth Revenue: TITAN's revenue (9.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TITAN's Return on Equity is forecast to be very high in 3 years time (50.7%).


Past Performance

How has Titanium Oyj performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


26.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TITAN has high quality earnings.

Growing Profit Margin: TITAN's current net profit margins (40.2%) are higher than last year (37.4%).


Past Earnings Growth Analysis

Earnings Trend: TITAN's earnings have grown significantly by 26.2% per year over the past 5 years.

Accelerating Growth: TITAN's earnings growth over the past year (22.8%) is below its 5-year average (26.2% per year).

Earnings vs Industry: TITAN earnings growth over the past year (22.8%) underperformed the Capital Markets industry 66%.


Return on Equity

High ROE: TITAN's Return on Equity (39%) is considered high.


Financial Health

How is Titanium Oyj's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TITAN's short term assets (€24.3M) exceed its short term liabilities (€4.0M).

Long Term Liabilities: TITAN's short term assets (€24.3M) exceed its long term liabilities (€1.1M).


Debt to Equity History and Analysis

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

Reducing Debt: Insufficient data to determine if TITAN's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TITAN's debt is well covered by operating cash flow (1029.8%).

Interest Coverage: TITAN earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


7.25%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TITAN's dividend (7.25%) is higher than the bottom 25% of dividend payers in the Finnish market (2.38%).

High Dividend: TITAN's dividend (7.25%) is in the top 25% of dividend payers in the Finnish market (4.68%)


Stability and Growth of Payments

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

Growing Dividend: TITAN's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (81.4%), TITAN's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (80.9%), TITAN's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

5.3yrs

Average management tenure


CEO

Tommi Santanen (47 yo)

5.33yrs

Tenure

Mr. Tommi Santanen serves as Managing Director at Titanium Oyj and has been its Chairman of the Management Board since 2017 and also serves as Chief Executive Officer. Mr. Santanen has been the Managing Di...


Leadership Team

Experienced Management: TITAN's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: TITAN's board of directors are considered experienced (5.3 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.


Top Shareholders

Company Information

Titanium Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: Titanium Oyj
  • Ticker: TITAN
  • Exchange: HLSE
  • Founded: 2009
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: €129.215m
  • Shares outstanding: 10.30m
  • Website: https://www.titanium.fi

Number of Employees


Location

  • Titanium Oyj
  • Aleksanterinkatu 48 B
  • Helsinki
  • Uusimaa
  • 100
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 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.