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OLVA

Olvi Oyj HLSE:OLVAS Stock Report

Last Price

€30.25

Market Cap

€626.6m

7D

-1.8%

1Y

-41.7%

Updated

19 May, 2022

Data

Company Financials +
OLVAS fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends4/6

OLVAS Stock Overview

Olvi Oyj, a beverage company, engages in the manufacture and wholesale of alcoholic and non-alcoholic beverages in Finland, Estonia, Latvia, Lithuania, and Belarus.

Olvi Oyj Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Olvi Oyj
Historical stock prices
Current Share Price€30.25
52 Week High€55.70
52 Week Low€29.40
Beta0.35
1 Month Change-5.76%
3 Month Change-33.22%
1 Year Change-41.72%
3 Year Change-7.07%
5 Year Change-0.66%
Change since IPO1,564.13%

Recent News & Updates

Shareholder Returns

OLVASFI BeverageFI Market
7D-1.8%-2.6%0.7%
1Y-41.7%-9.6%-13.7%

Return vs Industry: OLVAS underperformed the Finnish Beverage industry which returned -4.3% over the past year.

Return vs Market: OLVAS underperformed the Finnish Market which returned -11.7% over the past year.

Price Volatility

Is OLVAS's price volatile compared to industry and market?
OLVAS volatility
OLVAS Average Weekly Movement7.1%
Beverage Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in FI Market9.0%
10% least volatile stocks in FI Market4.3%

Stable Share Price: OLVAS is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: OLVAS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18781,393Lasse Ahohttps://www.olvi.fi

Olvi Oyj, a beverage company, engages in the manufacture and wholesale of alcoholic and non-alcoholic beverages in Finland, Estonia, Latvia, Lithuania, and Belarus. The company offers beers, ciders, long drinks, mineral waters, juices, soft drinks, energy drinks, sports beverages, kvass, whisky, and other beverages. It also rents beverage-serving equipment to its hotel, restaurant, and catering customers; and coolers to its retailers.

Olvi Oyj Fundamentals Summary

How do Olvi Oyj's earnings and revenue compare to its market cap?
OLVAS fundamental statistics
Market Cap€626.56m
Earnings (TTM)€46.26m
Revenue (TTM)€477.59m

13.5x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OLVAS income statement (TTM)
Revenue€477.59m
Cost of Revenue€281.62m
Gross Profit€195.97m
Other Expenses€149.71m
Earnings€46.26m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 11, 2022

Earnings per share (EPS)2.23
Gross Margin41.03%
Net Profit Margin9.69%
Debt/Equity Ratio1.4%

How did OLVAS perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

54%

Payout Ratio

Does OLVAS pay a reliable dividends?

See OLVAS dividend history and benchmarks
When do you need to buy OLVAS by to receive an upcoming dividend?
Olvi Oyj dividend dates
Ex Dividend DateAug 25 2022
Dividend Pay DateSep 02 2022
Days until Ex dividend96 days
Days until Dividend pay date104 days

Does OLVAS pay a reliable dividends?

See OLVAS dividend history and benchmarks

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: OLVAS (€30.25) is trading below our estimate of fair value (€87.82)

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


Price To Earnings Ratio

PE vs Industry: OLVAS is good value based on its PE Ratio (13.5x) compared to the European Beverage industry average (21.3x).

PE vs Market: OLVAS is good value based on its PE Ratio (13.5x) compared to the Finnish market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: OLVAS is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: OLVAS is overvalued based on its PB Ratio (2.3x) compared to the XE Beverage industry average (2x).


Future Growth

How is Olvi Oyj forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

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


20.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OLVAS's forecast earnings growth (20.5% per year) is above the savings rate (0.2%).

Earnings vs Market: OLVAS's earnings (20.5% per year) are forecast to grow faster than the Finnish market (8.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OLVAS's revenue is expected to decline over the next 3 years (-0.4% per year).

High Growth Revenue: OLVAS's revenue is forecast to decline over the next 3 years (-0.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OLVAS's Return on Equity is forecast to be low in 3 years time (13%).


Past Performance

How has Olvi Oyj performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


4.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OLVAS has high quality earnings.

Growing Profit Margin: OLVAS's current net profit margins (9.7%) are lower than last year (10.2%).


Past Earnings Growth Analysis

Earnings Trend: OLVAS's earnings have grown by 4.9% per year over the past 5 years.

Accelerating Growth: OLVAS's earnings growth over the past year (14%) exceeds its 5-year average (4.9% per year).

Earnings vs Industry: OLVAS earnings growth over the past year (14%) underperformed the Beverage industry 47.4%.


Return on Equity

High ROE: OLVAS's Return on Equity (17.3%) is considered low.


Financial Health

How is Olvi 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: OLVAS's short term assets (€179.3M) do not cover its short term liabilities (€190.5M).

Long Term Liabilities: OLVAS's short term assets (€179.3M) exceed its long term liabilities (€19.6M).


Debt to Equity History and Analysis

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

Reducing Debt: OLVAS's debt to equity ratio has reduced from 9.1% to 1.4% over the past 5 years.

Debt Coverage: OLVAS's debt is well covered by operating cash flow (1409.2%).

Interest Coverage: OLVAS's interest payments on its debt are well covered by EBIT (235.6x coverage).


Balance Sheet


Dividend

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

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.97%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 20 2022Ex Dividend DateAug 25 2022Dividend Pay DateSep 02 20228 days from Ex DividendBuy in the next 96 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: OLVAS's dividend (3.97%) is higher than the bottom 25% of dividend payers in the Finnish market (2.38%).

High Dividend: OLVAS's dividend (3.97%) is low compared to the top 25% of dividend payers in the Finnish market (4.74%).


Stability and Growth of Payments

Stable Dividend: OLVAS's dividends per share have been stable in the past 10 years.

Growing Dividend: OLVAS's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (53.7%), OLVAS's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (110.9%), OLVAS's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

8.3yrs

Average management tenure


CEO

Lasse Aho (63 yo)

4.33yrs

Tenure

€365,000

Compensation

Mr. Lasse Aho, M.Soc.Sc., is Chairman at Apetit Oyj since August 17, 2021. He has been Chief Executive Officer of Olvi Oyj since 2018 and its Managing Director since 2004. Mr. Aho serves as Sales Director...


Leadership Team

Experienced Management: OLVAS's management team is seasoned and experienced (8.3 years average tenure).


Board Members

Experienced Board: OLVAS's board of directors are considered experienced (4.6 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

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


Key Information

  • Name: Olvi Oyj
  • Ticker: OLVAS
  • Exchange: HLSE
  • Founded: 1878
  • Industry: Brewers
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: €626.563m
  • Shares outstanding: 20.71m
  • Website: https://www.olvi.fi

Number of Employees


Location

  • Olvi Oyj
  • Olvitie I-IV
  • Iisalmi
  • Northern Savonia
  • 74100
  • 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
Earnings2022/03/31
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.