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HKSA

HKScan OyjHLSE:HKSAV Stock Report

Last Price

€1.69

Market Cap

€164.1m

7D

-0.4%

1Y

-15.1%

Updated

18 Jan, 2022

Data

Company Financials
HKSAV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends2/6

HKSAV Stock Overview

HKScan Oyj produces, markets, and sells pork, beef, poultry and lamb products, processed meats, and convenience foods to the retail, food service, industrial, and export sectors in Finland, Sweden, Denmark, and the Baltics.

HKScan Oyj Competitors

Atria Oyj

HLSE:ATRAV

€319.5m

Carlsberg

CPSE:CARL B

kr.158.5b

Kesko Oyj

HLSE:KESKOB

€10.5b

Scandi Standard

OM:SCST

kr2.6b

Price History & Performance

Summary of all time highs, changes and price drops for HKScan Oyj
Historical stock prices
Current Share Price€1.69
52 Week High€2.52
52 Week Low€1.57
Beta1.03
1 Month Change5.63%
3 Month Change-14.82%
1 Year Change-15.08%
3 Year Change1.44%
5 Year Change-48.79%
Change since IPO-59.38%

Recent News & Updates

Nov 30
Return Trends At HKScan Oyj (HEL:HKSAV) Aren't Appealing

Return Trends At HKScan Oyj (HEL:HKSAV) Aren't Appealing

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Jul 25
We Think You Should Be Aware Of Some Concerning Factors In HKScan Oyj's (HEL:HKSAV) Earnings

We Think You Should Be Aware Of Some Concerning Factors In HKScan Oyj's (HEL:HKSAV) Earnings

The recent earnings posted by HKScan Oyj ( HEL:HKSAV ) were solid, but the stock didn't move as much as we expected. We...

Shareholder Returns

HKSAVFI FoodFI Market
7D-0.4%-0.7%-1.0%
1Y-15.1%-2.7%8.5%

Return vs Industry: HKSAV underperformed the Finnish Food industry which returned -2% over the past year.

Return vs Market: HKSAV underperformed the Finnish Market which returned 8.9% over the past year.

Price Volatility

Is HKSAV's price volatile compared to industry and market?
HKSAV volatility
HKSAV Average Weekly Movement3.4%
Food Industry Average Movement3.6%
Market Average Movement4.3%
10% most volatile stocks in FI Market6.9%
10% least volatile stocks in FI Market2.9%

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

Volatility Over Time: HKSAV's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19136,960Tero Hemmilähttps://www.hkscan.com

HKScan Oyj produces, markets, and sells pork, beef, poultry and lamb products, processed meats, and convenience foods to the retail, food service, industrial, and export sectors in Finland, Sweden, Denmark, and the Baltics. The company primarily sells its products under the HK, Scan, Rakvere, Pärsons, Kariniemen, Via, Rose, and Tallegg brands. It also exports its products to approximately 50 countries.

HKScan Oyj Fundamentals Summary

How do HKScan Oyj's earnings and revenue compare to its market cap?
HKSAV fundamental statistics
Market Cap€164.09m
Earnings (TTM)€3.30m
Revenue (TTM)€1.80b

49.7x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HKSAV income statement (TTM)
Revenue€1.80b
Cost of Revenue€1.26b
Gross Profit€534.60m
Expenses€531.30m
Earnings€3.30m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 10, 2022

Earnings per share (EPS)0.034
Gross Margin29.76%
Net Profit Margin0.18%
Debt/Equity Ratio70.3%

How did HKSAV perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

88%

Payout Ratio

Valuation

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

49.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HKSAV (€1.69) is trading above our estimate of fair value (€0.22)

Significantly Below Fair Value: HKSAV is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HKSAV is poor value based on its PE Ratio (49.7x) compared to the European Food industry average (19.5x).

PE vs Market: HKSAV is poor value based on its PE Ratio (49.7x) compared to the Finnish market (24.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HKSAV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HKSAV is good value based on its PB Ratio (0.5x) compared to the FI Food industry average (0.9x).


Future Growth

How is HKScan Oyj forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.1%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as HKScan Oyj has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has HKScan Oyj performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HKSAV has a large one-off gain of €10.5M impacting its September 30 2021 financial results.

Growing Profit Margin: HKSAV became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: HKSAV has become profitable over the past 5 years, growing earnings by 10.8% per year.

Accelerating Growth: HKSAV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HKSAV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (14.1%).


Return on Equity

High ROE: HKSAV's Return on Equity (2.8%) is considered low.


Financial Health

How is HKScan Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: HKSAV's short term assets (€272.9M) do not cover its short term liabilities (€353.4M).

Long Term Liabilities: HKSAV's short term assets (€272.9M) do not cover its long term liabilities (€275.1M).


Debt to Equity History and Analysis

Debt Level: HKSAV's net debt to equity ratio (67.5%) is considered high.

Reducing Debt: HKSAV's debt to equity ratio has increased from 41.8% to 70.3% over the past 5 years.

Debt Coverage: HKSAV's debt is well covered by operating cash flow (23.1%).

Interest Coverage: HKSAV's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Dividend

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

1.78%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HKSAV's dividend (1.78%) is higher than the bottom 25% of dividend payers in the Finnish market (1.64%).

High Dividend: HKSAV's dividend (1.78%) is low compared to the top 25% of dividend payers in the Finnish market (3.53%).


Stability and Growth of Payments

Stable Dividend: HKSAV's dividend payments have been volatile in the past 10 years.

Growing Dividend: HKSAV's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (88.1%), HKSAV's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Tero Hemmilä (54 yo)

2.92yrs

Tenure

€1,101,000

Compensation

Mr. Tero Hemmilä, M.Sc. (Agr. & For.), has been the Chief Executive Officer at HKScan Oyj since February 4, 2019 and was President until 2020. Mr. Hemmilä served as Senior Vice President of Strategy & Deve...


CEO Compensation Analysis

Compensation vs Market: Tero's total compensation ($USD1.25M) is above average for companies of similar size in the Finnish market ($USD493.95K).

Compensation vs Earnings: Tero's compensation has been consistent with company performance over the past year.


Leadership Team

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


Board Members

Experienced Board: HKSAV's board of directors are considered experienced (3.4 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

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


Key Information

  • Name: HKScan Oyj
  • Ticker: HKSAV
  • Exchange: HLSE
  • Founded: 1913
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: €164.088m
  • Shares outstanding: 97.09m
  • Website: https://www.hkscan.com

Number of Employees


Location

  • HKScan Oyj
  • LemminkAeisenkatu 48
  • Turku
  • Finland Proper
  • 20520
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 21:14
End of Day Share Price2022/01/18 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.