Market Cap
€488.7m
Last Updated
2019/10/21 20:41 UTC
Data Sources
Company Financials +
Executive Summary
Raisio plc, a food company, manufactures and sells food and fish feeds in Northern and Eastern Europe, Western Europe, and internationally.
Snowflake
Fundamentals
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Raisio's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.1%
RAIVV
-2.6%
FI Food
2.1%
FI Market
1 Year Return
19.8%
RAIVV
11.8%
FI Food
5.9%
FI Market
Return vs Industry: RAIVV exceeded the Finnish Food industry which returned 11.8% over the past year.
Return vs Market: RAIVV exceeded the Finnish Market which returned 5.9% over the past year.
Shareholder returns
| RAIVV | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | -2.6% | 2.1% |
| 30 Day | -2.7% | -3.0% | 1.2% |
| 90 Day | 1.5% | -1.3% | 1.7% |
| 1 Year | 27.1%19.8% | 16.4%11.8% | 10.9%5.9% |
| 3 Year | -7.6%-20.5% | 33.9%14.5% | 29.3%13.9% |
| 5 Year | 3.7%-16.9% | 58.6%45.8% | 62.8%31.5% |
Price Volatility Vs. Market
How volatile is Raisio's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Here’s What Raisio plc’s (HEL:RAIVV) Return On Capital Can Tell Us2 weeks ago | Simply Wall St
Is Raisio plc (HEL:RAIVV) An Attractive Dividend Stock?3 weeks ago | Simply Wall St
Is Raisio plc's (HEL:RAIVV) ROE Of 6.4% Concerning?Valuation
Is Raisio undervalued compared to its fair value and its price relative to the market?
13.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RAIVV (€3.12) is trading below our estimate of fair value (€3.59)
Significantly Below Fair Value: RAIVV is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RAIVV is poor value based on its PE Ratio (30.1x) compared to the Food industry average (17.1x).
PE vs Market: RAIVV is poor value based on its PE Ratio (30.1x) compared to the Finnish market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: RAIVV is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: RAIVV is overvalued based on its PB Ratio (1.9x) compared to the XE Food industry average (1.2x).
Next Steps
Future Growth
How is Raisio forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
13.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAIVV's forecast earnings growth (13.9% per year) is above the savings rate (0.5%).
Earnings vs Market: RAIVV's earnings (13.9% per year) are forecast to grow faster than the Finnish market (13.5% per year).
High Growth Earnings: RAIVV's earnings are forecast to grow, but not significantly.
Revenue vs Market: RAIVV's revenue (4.4% per year) is forecast to grow faster than the Finnish market (2% per year).
High Growth Revenue: RAIVV's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RAIVV's Return on Equity is forecast to be low in 3 years time (9.4%).
Next Steps
Past Performance
How has Raisio performed over the past 5 years?
3.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: RAIVV's earnings have grown by 3.8% per year over the past 5 years.
Accelerating Growth: RAIVV's earnings growth over the past year (35.8%) exceeds its 5-year average (3.8% per year).
Earnings vs Industry: RAIVV earnings growth over the past year (35.8%) exceeded the Food industry 0.3%.
Return on Equity
High ROE: RAIVV's Return on Equity (6.4%) is considered low.
Return on Assets
ROA vs Industry: RAIVV has a higher Return on Assets than the Food industry average last year.
Return on Capital Employed
ROCE Improving: RAIVV has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Raisio's financial position?
Financial Position Analysis
Short Term Liabilities: RAIVV's short term assets (€180.2M) exceeds its short term liabilities (€47.3M)
Long Term Liabilities: RAIVV's short term assets (180.2M) exceeds its long term liabilities (6.2M)
Debt to Equity History and Analysis
Debt Level: RAIVV's debt to equity ratio (4.9%) is considered satisfactory
Reducing Debt: RAIVV's debt to equity ratio has reduced from 14.3% to 4.9% over the past 5 years.
Debt Coverage: RAIVV's debt is well covered by operating cash flow (158.5%).
Interest Coverage: RAIVV's interest payments on its debt are well covered by EBIT (253x coverage).
Balance Sheet
Inventory Level: RAIVV has a high level of physical assets or inventory.
Debt Coverage by Assets: RAIVV's debt is covered by short term assets (assets are 14.650400x debt).
Next Steps
Dividend
What is Raisio's current dividend yield, its reliability and sustainability?
3.85%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: RAIVV's dividend (3.85%) is higher than the bottom 25% of dividend payers in the Finnish market (2.34%).
High Dividend: RAIVV's dividend (3.85%) is low compared to the top 25% of dividend payers in the Finnish market (5.01%).
Stable Dividend: RAIVV's dividend payments have been volatile in the past 10 years.
Growing Dividend: RAIVV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (115.8%), RAIVV's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RAIVV's dividends in 3 years are not forecast to be well covered by earnings (100% payout ratio).
Next Steps
Management
What is the CEO of Raisio's salary, the management and board of directors tenure and is there insider trading?
1.5yrs
Average management tenure
CEO
Pekka Kuusniemi (51yo)
1.9yrs
Tenure
Mr. Pekka Kuusniemi has been Supervisory Board member of the Keskinäinen työeläkevakuutusyhtiö Varma since March 15, 2018. He serves as Chief Executive Officer and President of Raisio plc since November 1, ...
Management Age and Tenure
1.5yrs
Average Tenure
53.5yo
Average Age
Experienced Management: RAIVV's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Age and Tenure
2.6yrs
Average Tenure
56.5yo
Average Age
Experienced Board: RAIVV's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Paul Simmonds (61yo)
Senior Advisor
- Tenure: 6.5yrs
Merja Lumme (58yo)
Vice President of Human Resources
- Tenure: 0yrs
Pekka Kuusniemi (51yo)
CEO & President
- Tenure: 1.9yrs
Sari Koivulehto-Mäkitalo (45yo)
VP of Legal Affairs & Secretary
- Tenure: 0yrs
Jukka Heinänen (47yo)
Vice President of Operations and Managing Director of Raisionkaari Industrial Park Ltd
- Tenure: 2.4yrs
Iiro Wester (56yo)
Chief Commercial Officer of Healthy Food Division
- Tenure: 1.1yrs
Toni Rannikko
Chief Financial Officer
- Tenure: 0.8yrs
Aija Immonen
Secretary of the Board
- Tenure: 0yrs
Mika Saarinen
Director of Treasury
- Tenure: 0.2yrs
Board Members
Paavo Myllymäki (61yo)
Chairman of Supervisory Board
- Tenure: 6.4yrs
- Compensation: €1.50k
Erkki Haavisto (51yo)
Independent Director
- Tenure: 15.8yrs
- Compensation: €24.00k
Holger Falck (62yo)
Vice Chairman of the Supervisory Board
- Tenure: 13.8yrs
- Compensation: €1.80k
Leena Niemistö (56yo)
Independent Director
- Tenure: 2.6yrs
Ann-Christine Sundell (55yo)
Deputy Chairman
- Tenure: 0.6yrs
Ilkka Mäkelä (62yo)
Independent Chairman of the Board
- Tenure: 1.6yrs
Henrik Brotherus (38yo)
Member of Supervisory Board
- Tenure: 2.6yrs
Ilkka Mattila (57yo)
Member of Supervisory Board
- Tenure: 2.6yrs
Olli-Pekka Saario (62yo)
Member of Supervisory Board
- Tenure: 2.6yrs
Timo Himberg (50yo)
Member of Supervisory Board
- Tenure: 1.6yrs
Company Information
Raisio plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Raisio plc
- Ticker: RAIVV
- Exchange: HLSE
- Founded: 1939
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: €488.726m
- Shares outstanding: 157.35m
- Website: https://www.raisio.com
Number of Employees
Location
- Raisio plc
- Raisionkaari 55
- Raisio
- Finland Proper
- 21200
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RAIVV | HLSE (OMX Nordic Exchange Helsinki) | Yes | Series V Shares | FI | EUR | Dec 1994 |
| 0CIJ | LSE (London Stock Exchange) | Yes | Series V Shares | GB | EUR | Dec 1994 |
| RATV | DB (Deutsche Boerse AG) | Yes | Series V Shares | DE | EUR | Dec 1994 |
| RAIVVH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series V Shares | GB | EUR | Dec 1994 |
| RAIKV | HLSE (OMX Nordic Exchange Helsinki) | Series K Shares | FI | EUR | Mar 1996 | |
| 0CIH | LSE (London Stock Exchange) | Series K Shares | GB | EUR | Mar 1996 | |
| RAIKVH | BATS-CHIXE (BATS 'Chi-X Europe') | Series K Shares | GB | EUR | Mar 1996 |
Biography
Raisio plc, a food company, manufactures and sells food and fish feeds in Northern and Eastern Europe, Western Europe, and internationally. It operates through Healthy Food, Raisioaqua, and Others segments ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 20:41 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.