Apetit Oyj
Apetit Oyj operates as a food company primarily in Finland and internationally. The last earnings update was 132 days ago. More info.
Add to Portfolio Compare Print
APETIT Share Price and Events
7 Day Returns
1 Year Returns
APETIT Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Apetit Oyj (APETIT) | 1.2% | 1.4% | 0.9% | -34.7% | -32.5% | -51.8% |
| Europe Food | -0.8% | 1.1% | 5.7% | 13.3% | 12.7% | 42.4% |
| FI Market | -0.1% | 1.7% | -2.5% | -3.3% | 17.3% | 27.8% |
1 Year Return vs Industry and Market
- APETIT underperformed the Food industry which returned 13.3% over the past year.
- APETIT underperformed the Market in Finland which returned -3.3% over the past year.
APETIT Value
Is Apetit Oyj undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Apetit Oyj
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Apetit Oyj.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 6% |
| Perpetual Growth Rate | 10-Year FI Government Bond Rate | 0.5% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year FI Govt Bond Rate | 0.5% |
| Equity Risk Premium | S&P Global | 6.5% |
| Food Unlevered Beta | Simply Wall St/ S&P Global | 0.56 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.565 (1 + (1- 20%) (45.22%)) |
0.845 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.85 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (0.845 * 6.51%) |
6.04% |
Discounted Cash Flow Calculation for HLSE:APETIT using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Apetit Oyj is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 6.04%) |
|
|---|---|---|---|
| 2020 | 5.20 | Analyst x1 | 4.90 |
| 2021 | 5.10 | Analyst x1 | 4.54 |
| 2022 | 6.00 | Analyst x1 | 5.03 |
| 2023 | 6.30 | Analyst x1 | 4.98 |
| 2024 | 6.53 | Est @ 3.58% | 4.87 |
| 2025 | 6.70 | Est @ 2.67% | 4.71 |
| 2026 | 6.84 | Est @ 2.03% | 4.53 |
| 2027 | 6.94 | Est @ 1.58% | 4.34 |
| 2028 | 7.03 | Est @ 1.27% | 4.15 |
| 2029 | 7.11 | Est @ 1.05% | 3.95 |
| Present value of next 10 years cash flows | €46.01 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2029
× (1 + g) ÷ (Discount Rate – g)
= €7.11 × (1 + 0.54%) ÷ (6.04% – 0.54%) |
€129.83 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €129.83 ÷ (1 + 6.04%)10 |
€72.20 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €46.01 + €72.20 |
€118.21 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €118.21 / 6.22 |
€19.02 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €19.02 |
| Current discount | Discount to share price of
€8.68
= -1 x (€8.68 - €19.02) / €19.02 |
54.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Apetit Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Apetit Oyj's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Apetit Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Apetit Oyj's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €-1.06 |
| HLSE:APETIT Share Price ** | HLSE (2019-07-16) in EUR | €8.68 |
| Europe Food Industry PE Ratio | Median Figure of 118 Publicly-Listed Food Companies | 17.45x |
| Finland Market PE Ratio | Median Figure of 107 Publicly-Listed Companies | 20.29x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Apetit Oyj.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = HLSE:APETIT Share Price ÷ EPS (both in EUR) = 8.68 ÷ -1.06 |
-8.17x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Apetit Oyj is loss making, we can't compare its value to the Europe Food industry average.
- Apetit Oyj is loss making, we can't compare the value of its earnings to the Finland market.
Price based on expected Growth
Does
Apetit Oyj's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -8.17x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
56.2%per year |
| Europe Food Industry PEG Ratio | Median Figure of 67 Publicly-Listed Food Companies | 1.67x |
| Finland Market PEG Ratio | Median Figure of 91 Publicly-Listed Companies | 1.77x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Apetit Oyj, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Apetit Oyj's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €16.26 |
| HLSE:APETIT Share Price * | HLSE (2019-07-16) in EUR | €8.68 |
| Europe Food Industry PB Ratio | Median Figure of 159 Publicly-Listed Food Companies | 1.3x |
| Finland Market PB Ratio | Median Figure of 142 Publicly-Listed Companies | 2x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = HLSE:APETIT Share Price ÷ Book Value per Share (both in EUR) = 8.68 ÷ 16.26 |
0.53x |
* Primary Listing of Apetit Oyj.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Apetit Oyj is good value based on assets compared to the Europe Food industry average.
Value checks
We assess Apetit Oyj's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Food industry average (and greater than 0)? (1 check) Apetit Oyj has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
APETIT Future Performance
How is Apetit Oyj expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Apetit Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
- Apetit Oyj's earnings growth is expected to exceed the Finland market average.
- Apetit Oyj's revenue growth is expected to exceed the Finland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| HLSE:APETIT Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 56.2% |
| HLSE:APETIT Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 3% |
| Europe Food Industry Earnings Growth Rate | Market Cap Weighted Average | 10% |
| Europe Food Industry Revenue Growth Rate | Market Cap Weighted Average | 4% |
| Finland Market Earnings Growth Rate | Market Cap Weighted Average | 13.7% |
| Finland Market Revenue Growth Rate | Market Cap Weighted Average | 2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 13 | |||
| 2022-12-31 | 321 | 13 | 4 | 1 |
| 2021-12-31 | 314 | 12 | 4 | 1 |
| 2020-12-31 | 305 | 12 | 4 | 1 |
| 2019-12-31 | 298 | 30 | 2 | 1 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 283 | -24 | -7 |
| 2018-06-30 | 296 | -3 | 0 |
| 2018-03-31 | 306 | 20 | 2 |
| 2017-12-31 | 312 | 20 | 3 |
| 2017-09-30 | 306 | 20 | 2 |
| 2017-06-30 | 309 | 22 | 2 |
| 2017-03-31 | 318 | 18 | 2 |
| 2016-12-31 | 312 | 22 | 2 |
| 2016-09-30 | 345 | 6 | 3 |
| 2016-06-30 | 343 | -8 | -3 |
| 2016-03-31 | 357 | -14 | -4 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Apetit Oyj Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | 0.68 | 0.68 | 0.68 | 1.00 |
| 2021-12-31 | 0.64 | 0.64 | 0.64 | 1.00 |
| 2020-12-31 | 0.61 | 0.61 | 0.61 | 1.00 |
| 2019-12-31 | 0.36 | 0.36 | 0.36 | 1.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | -1.06 |
| 2018-06-30 | 0.06 |
| 2018-03-31 | 0.35 |
| 2017-12-31 | 0.47 |
| 2017-09-30 | 0.38 |
| 2017-06-30 | 0.27 |
| 2017-03-31 | 0.31 |
| 2016-12-31 | 0.34 |
| 2016-09-30 | 0.44 |
| 2016-06-30 | -0.55 |
| 2016-03-31 | -0.60 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Apetit Oyj's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Apetit Oyj has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
APETIT Past Performance
How has Apetit Oyj performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Apetit Oyj does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Apetit Oyj's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Apetit Oyj's 1-year growth to the Europe Food industry average as it is not currently profitable.
Earnings and Revenue History
All data from Apetit Oyj Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 283.10 | -6.60 | 34.90 | |
| 2018-06-30 | 295.70 | 0.40 | 31.90 | |
| 2018-03-31 | 306.25 | 2.15 | 31.90 | |
| 2017-12-31 | 311.80 | 2.90 | 34.80 | |
| 2017-09-30 | 306.20 | 2.30 | 31.30 | |
| 2017-06-30 | 309.00 | 1.70 | 31.70 | |
| 2017-03-31 | 318.10 | 1.90 | 31.70 | |
| 2016-12-31 | 312.00 | 2.10 | 31.70 | |
| 2016-09-30 | 345.40 | 2.70 | 39.70 | |
| 2016-06-30 | 342.90 | -3.40 | 39.90 | |
| 2016-03-31 | 357.20 | -3.70 | 39.90 | |
| 2015-12-31 | 380.80 | -4.30 | 39.90 | |
| 2015-09-30 | 387.70 | -3.00 | 40.80 | |
| 2015-06-30 | 389.40 | -9.80 | 40.20 | |
| 2015-03-31 | 387.30 | -9.00 | 40.20 | |
| 2014-12-31 | 384.70 | -8.00 | 40.20 | |
| 2014-09-30 | 361.30 | -7.00 | 41.10 | |
| 2014-06-30 | 375.90 | 6.70 | 41.10 | |
| 2014-03-31 | 376.20 | 8.20 | 41.10 | |
| 2013-12-31 | 387.30 | 10.10 | 41.10 | |
| 2013-09-30 | 405.00 | 9.50 | 38.60 | |
| 2013-06-30 | 406.10 | 9.80 | 38.60 | |
| 2013-03-31 | 398.80 | 8.20 | 38.60 | |
| 2012-12-31 | 378.20 | 6.60 | 38.60 | |
| 2012-09-30 | 343.60 | 7.00 | 32.10 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Apetit Oyj has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Apetit Oyj has efficiently used its assets last year compared to the Europe Food industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Apetit Oyj improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Apetit Oyj's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Apetit Oyj has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
APETIT Health
How is Apetit Oyj's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Apetit Oyj's finances.
The net worth of a company is the difference between its assets and liabilities.
- Apetit Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Apetit Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Apetit Oyj Company Filings, last reported 6 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 101.10 | 24.40 | 2.60 |
| 2018-06-30 | 104.00 | 4.40 | 9.30 |
| 2018-03-31 | 112.30 | 4.90 | 15.70 |
| 2017-12-31 | 112.30 | 4.90 | 15.70 |
| 2017-09-30 | 110.10 | 13.30 | 4.90 |
| 2017-06-30 | 109.00 | 7.30 | 10.90 |
| 2017-03-31 | 112.10 | 22.00 | 5.30 |
| 2016-12-31 | 117.70 | 19.10 | 4.60 |
| 2016-09-30 | 115.90 | 21.10 | 1.10 |
| 2016-06-30 | 113.70 | 17.60 | 6.90 |
| 2016-03-31 | 114.80 | 26.40 | 2.80 |
| 2015-12-31 | 121.00 | 36.50 | 13.40 |
| 2015-09-30 | 118.00 | 28.30 | 12.90 |
| 2015-06-30 | 121.90 | 3.30 | 11.50 |
| 2015-03-31 | 122.50 | 8.00 | 8.40 |
| 2014-12-31 | 129.30 | 12.00 | 13.70 |
| 2014-09-30 | 125.60 | 26.80 | 8.10 |
| 2014-06-30 | 136.00 | 4.80 | 14.10 |
| 2014-03-31 | 136.30 | 11.50 | 5.60 |
| 2013-12-31 | 143.60 | 14.90 | 2.90 |
| 2013-09-30 | 139.20 | 21.10 | 2.30 |
| 2013-06-30 | 137.00 | 6.50 | 3.30 |
| 2013-03-31 | 136.20 | 26.30 | 2.60 |
| 2012-12-31 | 141.20 | 36.10 | 5.30 |
| 2012-09-30 | 137.20 | 46.20 | 13.40 |
- Apetit Oyj's level of debt (24.1%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (10.4% vs 24.1% today).
- Operating cash flow is negative therefore debt is not well covered.
- Unable to confirm if the interest payments on Apetit Oyj's debt are well covered by earnings due to lack of past financial data.
Financial health checks
We assess Apetit Oyj's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Apetit Oyj has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
APETIT Dividends
What is Apetit Oyj's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
€2,000 of
Apetit Oyj
shares you are expected to receive
€92
in your first year as a dividend.
Dividend Amount
- Apetit Oyj's pays a higher dividend yield than the bottom 25% of dividend payers in Finland (2.25%).
- Apetit Oyj's dividend is below the markets top 25% of dividend payers in Finland (5.15%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Europe Food Industry Average Dividend Yield | Market Cap Weighted Average of 94 Stocks | 2.4% |
| Finland Market Average Dividend Yield | Market Cap Weighted Average of 100 Stocks | 4.3% |
| Finland Minimum Threshold Dividend Yield | 10th Percentile | 1.4% |
| Finland Bottom 25% Dividend Yield | 25th Percentile | 2.3% |
| Finland Top 25% Dividend Yield | 75th Percentile | 5.1% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.60 | 1.00 |
| 2020-12-31 | 0.50 | 1.00 |
| 2019-12-31 | 0.40 | 1.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-20 | 0.400 | 4.561 |
| 2018-03-27 | 0.700 | 6.159 |
| 2017-03-24 | 0.700 | 5.055 |
| 2016-03-10 | 0.700 | 5.331 |
| 2016-02-17 | 0.700 | 5.549 |
| 2015-03-25 | 0.700 | 5.237 |
| 2014-03-04 | 1.000 | 6.045 |
| 2013-03-27 | 0.900 | 5.056 |
| 2012-03-06 | 0.850 | 5.992 |
| 2012-02-16 | 0.850 | 5.289 |
| 2011-03-08 | 0.900 | 5.853 |
| 2010-03-30 | 0.380 | 2.161 |
| 2009-04-02 | 0.850 | 6.016 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have fallen over the past 10 years.
Income/ dividend checks
We assess Apetit Oyj's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Apetit Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Apetit Oyj has a total score of 1/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
APETIT Management
CEO
| COMPENSATION | €0 |
| AGE | 58 |
| TENURE AS CEO | 4.3 years |
CEO Bio
Mr. Juha Vanhainen, M.Sc. (Eng.), has been the Group Chief Executive Officer of Apetit Oyj since April 01, 2015 and serves as its President. Mr. Vanhainen is a Director of Ponsse Oyj since April 09, 2018. He served as an Executive Vice President of Energy, Logistics, Business Information Services and Wood Supply Operations in Finland and Sweden at Stora Enso Oyj until March 15, 2015. He served as an Executive Vice President and Programme Director for EUR 200 Million Streamlining & Structure Simplification Programme at Stora Enso Oyj. Mr. Vanhainen was Project Director for Streamlining and Structure Simplification Programme at Stora Enso Oyj since July 1, 2013. He served as Executive Vice President of Printing & Reading at Stora Enso until June 30, 2013 and its Country Manager for Finland from October 1, 2008 to July 1, 2013. Mr. Vanhainen served as an Executive Vice President of Publication Paper at Stora Enso Corp. He served as an Executive Vice President of Newsprint & Book Paper of Stora Enso Corp. from 2007 to 2009. He served as Senior Vice President of Office Papers of Fine Paper Division at Stora Enso Corp., from September 1, 2003 to 2007. He joined Stora Enso Oulu in 1990 and held various production and project management positions at Stora Enso, Oulu Paper Mill from 1993 to 1998. He served as General Manager and Mill Director of Stora Enso Fine Paper, Oulu Mill from 1999 to 2003. Mr. Vanhainen also served as Senior Vice President of Office Paper, Stora Enso Fine Paper, London from 2003 to 2007. He served as the Chairman of Finnish Forest Industries Federation. He served as Deputy Chairman of Pohjolan Voima Oyj since March 23, 2009 and served as its Director since October 15, 2008. He serves as a Member of the Board of Directors of several subsidiaries and associated companies. He served as a Member of Supervisory Board at Ilmarinen Pension Insurance Co. Ltd. (now, Ilmarinen Mutual Pension Insurance Company). He holds an M.Sc. degree in Engineering.
CEO Compensation
- Insufficient data for Juha to compare compensation growth.
- Juha's remuneration is higher than average for companies of similar size in Finland.
Management Team Tenure
Average tenure and age of the Apetit Oyj management team in years:
- The average tenure for the Apetit Oyj management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Juha Vanhainen
CEO & President
58
4.3 yrs
Tero Heikkinen
Chief Finance Officer
45
1.7 yrs
Sanna Väisänen
Communications & IR Director
42
1.5 yrs
Asmo Ritala
Corporate Counsel & Secretary
61
24.5 yrs
Johanna Heikkilä
Human Resources Director
57
14.5 yrs
Antti Kerttula
Head of Frozen Products & MD of Apetit Ruoka Oy
63
7.2 yrs
Jari Nevavuori
Member of Supervisory Board
53
7.3 yrs
Leena Helminen
Executive Officer of Business Development
33
3.5 yrs
Board of Directors Tenure
Average tenure and age of the Apetit Oyj board of directors in years:
- The tenure for the Apetit Oyj board of directors is about average.
Board of Directors
Simo Palokangas
Chairman
€11K
75
0.3 yrs
Lasse Aho
Deputy Chairman
61
0.7 yrs
Harri Eela
Chairman of Supervisory Board
59
5.3 yrs
Seppo Laine
Director
66
3.5 yrs
Marja-Liisa Mikola-Luoto
Deputy Chairman of Supervisory Board
48
8.5 yrs
Niko Simula
Director
53
4.3 yrs
Annikka Hurme
Director
55
2.3 yrs
Jussi Hantula
Member of Supervisory Board
64
24.5 yrs
Risto Korpela
Member of Supervisory Board
70
12.3 yrs
Mauno Ylinen
Member of Supervisory Board
54
14.5 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Apetit Oyj's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Apetit Oyj has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
APETIT News
Simply Wall St News
Introducing Apetit Oyj (HEL:APETIT), The Stock That Slid 52% In The Last Five Years
We also note that the stock has performed poorly over the last year, with the share price down 37%. … View our latest analysis for Apetit Oyj Because Apetit Oyj is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off.
Simply Wall St - – Full articleSomething To Consider Before Buying Apetit Oyj (HEL:APETIT) For The 4.7% Dividend
Is Apetit Oyj (HEL:APETIT) a good dividend stock? … Regular readers know we like to apply the same approach to each dividend stock, and we hope you'll find our analysis useful. … With a goodly-sized dividend yield despite a relatively short payment history, investors might be wondering if Apetit Oyj is a new dividend aristocrat in the making.
Simply Wall St - – Full articleWhat You Should Know About Apetit Oyj's (HEL:APETIT) Financial Strength
While small-cap stocks, such as Apetit Oyj (HEL:APETIT) with its market cap of €56m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Since APETIT is loss-making right now, … the current state of its operations and pathway to profitability.
Simply Wall St - – Full articleDid You Manage To Avoid Apetit Oyj's Painful 54% Share Price Drop?
At this point some shareholders may be questioning their investment in Apetit Oyj (HEL:APETIT), since the last five years saw the share price fall 54%. … And we doubt long term believers are the only worried holders, since the stock price has declined 37% over the last twelve months. … Most would consider that to be a good thing, so it's counter-intuitive to see the share price declining.
Simply Wall St - – Full articleHow Much Of Apetit Oyj (HEL:APETIT) Do Insiders Own?
The big shareholder groups in Apetit Oyj (HEL:APETIT) have power over the company. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Apetit Oyj is a smaller company with a market capitalization of €57m, so it may still be flying under the radar of many institutional investors.
Simply Wall St - – Full articleIs Apetit Oyj's (HEL:APETIT) CEO Salary Justified?
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Juha Vanhainen's Compensation Compare With Similar Sized Companies. … Thus we can conclude that Juha Vanhainen receives more in total compensation than the median of a group of companies in the same market, and of similar size to Apetit Oyj
Simply Wall St - – Full articleApetit Oyj (HEL:APETIT): Commentary On Fundamentals
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Apetit Oyj (HEL:APETIT) due to its excellent fundamentals in more than one area. … APETIT
Simply Wall St - – Full articleCould Apetit Oyj's (HEL:APETIT) Investor Composition Impacts Your Returns?
In this analysis, my focus will be on developing a perspective on Apetit Oyj’s (HEL:APETIT) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.
Simply Wall St - – Full articleDon't Trust HEL:APETIT's 5.22% Yield
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Apetit Oyj (HEL:APETIT) has returned to shareholders over the past 10 years, an average dividend yield of 5.00% annually.
Simply Wall St - – Full articleInterested In Apetit Oyj (HLSE:APETIT)? Here's What Its Recent Performance Looks Like
For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more valuable than looking at a single earnings announcement in one point in time. … Were APETIT's earnings stronger than its past performances and the industry. … APETIT's trailing twelve-month earnings (from 31 December 2017) of €2.90m has.
Simply Wall St - – Full articleAPETIT Company Info
Description
Apetit Oyj operates as a food company primarily in Finland and internationally. It operates through Food Solutions, Oilseed Products, and Grain Trade segments. The company produces frozen foods, such as frozen vegetables and frozen ready meals, ready-to-use vegetables, and fruits products under the Apetit brand name; 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 vegetable oils and oilseed-based 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. Apetit Oyj was founded in 1930 and is headquartered in Helsinki, Finland.
Details
| Name: | Apetit Oyj |
| APETIT | |
| Exchange: | HLSE |
| Founded: | 1930 |
| €53,960,270 | |
| 6,216,621 | |
| Website: | http://apetit.fi |
| Address: |
Apetit Oyj Sörnäistenkatu 1 A, Helsinki, Uusimaa, 00580, Finland |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| HLSE | APETIT | Share Capital | OMX Nordic Exchange Helsinki | FI | EUR | 26. Aug 1992 | |
| LSE | 0F55 | Share Capital | London Stock Exchange | GB | EUR | 26. Aug 1992 | |
| BATS-CHIXE | APETIH | Share Capital | BATS 'Chi-X Europe' | GB | EUR | 26. Aug 1992 |
Number of employees
Current staff
Industry
| Packaged Foods and Meats | |
| Food, Beverage & Tobacco |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/07/16 20:37 |
| End of day share price update: | 2019/07/16 00:00 |
| Last estimates confirmation: | 2019/05/08 |
| Last earnings filing: | 2019/03/06 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
