Apetit Oyj
Market Cap
€54.0m
Last Updated
2020/07/02 21:09 UTC
Data Sources
Company Financials +
Executive Summary
Apetit Oyj operates as a food company primarily in Finland, Norway, Germany, Sweden, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer and fair value.
Share Price & News
How has Apetit Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APETIT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
APETIT
0.4%
FI Food
0.2%
FI Market
1 Year Return
0.2%
APETIT
-2.3%
FI Food
-2.5%
FI Market
Return vs Industry: APETIT exceeded the Finnish Food industry which returned -2.3% over the past year.
Return vs Market: APETIT exceeded the Finnish Market which returned -3.4% over the past year.
Shareholder returns
| APETIT | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.4% | 0.2% |
| 30 Day | -4.8% | -8.6% | -2.1% |
| 90 Day | 14.9% | 4.8% | 20.8% |
| 1 Year | 5.0%0.2% | -0.2%-2.3% | 1.7%-2.5% |
| 3 Year | -28.7%-38.1% | 21.4%14.2% | 10.0%-2.7% |
| 5 Year | -18.3%-36.1% | 48.9%34.4% | 42.0%15.4% |
Price Volatility Vs. Market
How volatile is Apetit Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
How Much Of Apetit Oyj (HEL:APETIT) Do Insiders Own?1 month ago | Simply Wall St
Is Apetit Oyj (HEL:APETIT) A Risky Investment?2 months ago | Simply Wall St
Investors Who Bought Apetit Oyj (HEL:APETIT) Shares Five Years Ago Are Now Down 43%Valuation
Is Apetit Oyj undervalued compared to its fair value and its price relative to the market?
47.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APETIT (€8.66) is trading below our estimate of fair value (€16.59)
Significantly Below Fair Value: APETIT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APETIT is unprofitable, so we can't compare its PE Ratio to the Food industry average.
PE vs Market: APETIT is unprofitable, so we can't compare its PE Ratio to the Finnish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate APETIT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: APETIT is good value based on its PB Ratio (0.6x) compared to the XE Food industry average (1.1x).
Next Steps
Future Growth
How is Apetit Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
53.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APETIT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).
Earnings vs Market: APETIT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: APETIT's is expected to become profitable in the next 3 years.
Revenue vs Market: APETIT's revenue (1.5% per year) is forecast to grow slower than the Finnish market (4.9% per year).
High Growth Revenue: APETIT's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APETIT's Return on Equity is forecast to be low in 3 years time (3.8%).
Next Steps
Past Performance
How has Apetit Oyj performed over the past 5 years?
17.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APETIT is currently unprofitable.
Growing Profit Margin: APETIT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: APETIT is unprofitable, but has reduced losses over the past 5 years at a rate of 17.8% per year.
Accelerating Growth: Unable to compare APETIT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: APETIT is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-2.7%).
Return on Equity
High ROE: APETIT has a negative Return on Equity (-5.75%), as it is currently unprofitable.
Next Steps
Financial Health
How is Apetit Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: APETIT's short term assets (€106.3M) exceed its short term liabilities (€71.8M).
Long Term Liabilities: APETIT's short term assets (€106.3M) exceed its long term liabilities (€5.1M).
Debt to Equity History and Analysis
Debt Level: APETIT's debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: APETIT's debt to equity ratio has increased from 8.8% to 34.5% over the past 5 years.
Balance Sheet
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: APETIT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if APETIT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Apetit Oyj current dividend yield, its reliability and sustainability?
5.20%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APETIT's dividend (5.2%) is higher than the bottom 25% of dividend payers in the Finnish market (2.36%).
High Dividend: APETIT's dividend (5.2%) is in the top 25% of dividend payers in the Finnish market (5.09%)
Stability and Growth of Payments
Stable Dividend: APETIT's dividend payments have been volatile in the past 10 years.
Growing Dividend: APETIT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: APETIT is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: APETIT's dividends in 3 years are forecast to be covered by earnings (76.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Esa Mäki (54yo)
0.83
Tenure
€290,990
Compensation
Mr. Esa Mäki, MSc has been Business Director of Food Solutions at Apetit Oyj since January 2020. Mr. Mäki has been Chief Executive Officer of Apetit Oyj since September 1, 2019 and served as its Director o ...
CEO Compensation Analysis
Compensation vs Market: Esa's total compensation ($USD327.14K) is about average for companies of similar size in the Finnish market ($USD326.61K).
Compensation vs Earnings: Insufficient data to compare Esa's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Business Director of Food Solutions | 0.83yr | €290.99k | 0.0020% €1.1k | |
| Chief Financial Officer | 0.42yr | no data | no data | |
| Director of Corporate Communications & Sustainability | 2.5yrs | no data | no data | |
| Head of Frozen Products & MD of Apetit Ruoka Oy | 8.17yrs | no data | no data | |
| Member of Supervisory Board | 8.33yrs | no data | no data |
2.5yrs
Average Tenure
54yo
Average Age
Experienced Management: APETIT's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of Supervisory Board | 25.5yrs | no data | no data | |
| Chairman of Supervisory Board | 6.25yrs | no data | 0.013% €6.9k | |
| Independent Chairman | 1.25yrs | €33.00k | 0.19% €104.2k | |
| Independent Director | 4.5yrs | €25.00k | 0.074% €40.1k | |
| Independent Deputy Chairman | 1.67yrs | €29.00k | 0.11% €59.2k | |
| Member of Supervisory Board | 13.33yrs | no data | no data | |
| Member of Supervisory Board | 15.5yrs | no data | no data | |
| Deputy Chairman of Supervisory Board | 9.5yrs | no data | 0.026% €14.1k | |
| Independent Director | 3.25yrs | €23.00k | 0.038% €20.6k | |
| Independent Director | 5.25yrs | €25.00k | 0.063% €34.0k |
5.8yrs
Average Tenure
61yo
Average Age
Experienced Board: APETIT's board of directors are considered experienced (5.8 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
Apetit Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Apetit Oyj
- Ticker: APETIT
- Exchange: HLSE
- Founded: 1930
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: €54.015m
- Shares outstanding: 6.22m
- Website: https://apetit.fi
Number of Employees
Location
- Apetit Oyj
- SOernAeistenkatu 1 A
- Helsinki
- Uusimaa
- 580
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| APETIT | HLSE (OMX Nordic Exchange Helsinki) | Yes | Share Capital | FI | EUR | Aug 1992 |
| 0F55 | LSE (London Stock Exchange) | Yes | Share Capital | GB | EUR | Aug 1992 |
| APETIH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Share Capital | GB | EUR | Aug 1992 |
Biography
Apetit Oyj operates as a food company primarily in Finland, Norway, Germany, Sweden, and internationally. It operates through Food Solutions, Oilseed Products, and Grain Trade segments. The company develops, produces, and sells frozen foods, such as frozen vegetables and ready meals, and ready-to-use vegetables under the Apetit brand name; and offers fish based products, burgers, nuggets, granites, arctic peas, and frozen pizzas. It also supplies frozen foods and fresh products, as well as manufactures various products for private labels. In addition, the company produces and sells vegetable and rapeseed oils, oilseeds, and raw materials for feeds; and trades in grains, oilseeds, and raw materials for feeds. It serves food industry companies, retailers, and professional food service sectors, as well as the hotel, restaurant, and catering sector. The company was founded in 1930 and is headquartered in Helsinki, Finland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/02 21:09 |
| End of Day Share Price | 2020/07/02 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.