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UNIT

United Bankers Oyj HLSE:UNITED Stock Report

Last Price

€14.35

Market Cap

€148.8m

7D

6.3%

1Y

10.4%

Updated

19 May, 2022

Data

Company Financials +
UNITED fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends4/6

UNITED Stock Overview

United Bankers Oyj provides investment products and services in Finland.

United Bankers Oyj Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for United Bankers Oyj
Historical stock prices
Current Share Price€14.35
52 Week High€15.95
52 Week Low€12.50
Beta0.41
1 Month Change6.30%
3 Month Change2.87%
1 Year Change10.39%
3 Year Change79.38%
5 Year Change102.11%
Change since IPO106.18%

Recent News & Updates

May 27
One Analyst's Earnings Estimates For United Bankers Oyj (HEL:UNITED) Are Surging Higher

One Analyst's Earnings Estimates For United Bankers Oyj (HEL:UNITED) Are Surging Higher

United Bankers Oyj ( HEL:UNITED ) shareholders will have a reason to smile today, with the covering analyst making...

Shareholder Returns

UNITEDFI Capital MarketsFI Market
7D6.3%2.2%2.5%
1Y10.4%0.9%-11.7%

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

Return vs Market: UNITED exceeded the Finnish Market which returned -11.7% over the past year.

Price Volatility

Is UNITED's price volatile compared to industry and market?
UNITED volatility
UNITED Average Weekly Movement6.1%
Capital Markets Industry Average Movement6.0%
Market Average Movement6.2%
10% most volatile stocks in FI Market9.0%
10% least volatile stocks in FI Market4.4%

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

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

About the Company

FoundedEmployeesCEOWebsite
1986137Patrick Andersonhttps://www.unitedbankers.fi

United Bankers Oyj provides investment products and services in Finland. The company offers asset management services, including investment funds, wealth management, structured investments, traditional equity and fixed income funds, direct and structured bonds, real assets investment funds, private equity funds, and securities brokerage. It also provides capital markets services, such as corporate finance advisory, IPOs, equity-based and debt-based financing, and a corporate lending platform.

United Bankers Oyj Fundamentals Summary

How do United Bankers Oyj's earnings and revenue compare to its market cap?
UNITED fundamental statistics
Market Cap€148.83m
Earnings (TTM)€10.35m
Revenue (TTM)€43.71m

14.4x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UNITED income statement (TTM)
Revenue€43.71m
Cost of Revenue€5.29m
Gross Profit€38.42m
Other Expenses€28.07m
Earnings€10.35m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.00
Gross Margin87.90%
Net Profit Margin23.67%
Debt/Equity Ratio4.5%

How did UNITED perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

70%

Payout Ratio

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


4.0%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: UNITED (€14.35) is trading below our estimate of fair value (€14.95)

Significantly Below Fair Value: UNITED is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: UNITED's PE Ratio (14.4x) is in line with the Finnish Capital Markets industry average.

PE vs Market: UNITED is good value based on its PE Ratio (14.4x) compared to the Finnish market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: UNITED is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: UNITED is overvalued based on its PB Ratio (3.4x) compared to the FI Capital Markets industry average (2.3x).


Future Growth

How is United Bankers Oyj 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


7.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UNITED's forecast earnings growth (7.9% per year) is above the savings rate (0.2%).

Earnings vs Market: UNITED's earnings (7.9% per year) are forecast to grow slower than the Finnish market (8.1% per year).

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

Revenue vs Market: UNITED's revenue (6.8% per year) is forecast to grow faster than the Finnish market (2.9% per year).

High Growth Revenue: UNITED's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UNITED's Return on Equity is forecast to be high in 3 years time (24.9%)


Past Performance

How has United Bankers Oyj performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


35.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UNITED has high quality earnings.

Growing Profit Margin: UNITED's current net profit margins (23.7%) are higher than last year (18.3%).


Past Earnings Growth Analysis

Earnings Trend: UNITED's earnings have grown significantly by 35.6% per year over the past 5 years.

Accelerating Growth: UNITED's earnings growth over the past year (66%) exceeds its 5-year average (35.6% per year).

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


Return on Equity

High ROE: UNITED's Return on Equity (25.3%) is considered high.


Financial Health

How is United Bankers Oyj'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: UNITED's short term assets (€15.1M) exceed its short term liabilities (€8.3M).

Long Term Liabilities: UNITED's short term assets (€15.1M) do not cover its long term liabilities (€25.6M).


Debt to Equity History and Analysis

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

Reducing Debt: UNITED's debt to equity ratio has reduced from 19.4% to 4.5% over the past 5 years.

Debt Coverage: UNITED's debt is well covered by operating cash flow (654.3%).

Interest Coverage: Insufficient data to determine if UNITED's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is United Bankers 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


4.88%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: UNITED's dividend (4.88%) is higher than the bottom 25% of dividend payers in the Finnish market (2.38%).

High Dividend: UNITED's dividend (4.88%) is in the top 25% of dividend payers in the Finnish market (4.74%)


Stability and Growth of Payments

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

Growing Dividend: UNITED's dividend payments have increased, but the company has only paid a dividend for 7 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70.3%), UNITED's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (62.6%), UNITED'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?

2.4yrs

Average management tenure


CEO

Patrick Anderson (42 yo)

12.33yrs

Tenure

Mr. Patrick Anderson serves as the Chairman of the Management Board and President at United Bankers Oyj and has been its Chief Executive Officer since 2010.


Leadership Team

Experienced Management: UNITED's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: UNITED's board of directors are considered experienced (4.3 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

United Bankers Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: United Bankers Oyj
  • Ticker: UNITED
  • Exchange: HLSE
  • Founded: 1986
  • Industry: Diversified Capital Markets
  • Sector: Diversified Financials
  • Implied Market Cap: €148.833m
  • Shares outstanding: 10.37m
  • Website: https://www.unitedbankers.fi

Number of Employees


Location

  • United Bankers Oyj
  • Aleksanterinkatu 21 A
  • 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 Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 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.