HLSE:SUY1V

Stock Analysis Report

Executive Summary

Suominen Oyj manufactures and sells nonwovens primarily for consumer goods companies in Finland, rest of Europe, the United States, rest of North and South America, and internationally.

Rewards

Trading at 60.5% below its fair value

Earnings are forecast to grow 61.23% per year

Risk Analysis

Interest payments are not well covered by earnings



Snowflake Analysis

Adequate balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Suominen Oyj's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SUY1V has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

SUY1V

0.1%

FI Household Products

-0.1%

FI Market


1 Year Return

11.7%

SUY1V

-1.6%

FI Household Products

7.0%

FI Market

Return vs Industry: SUY1V exceeded the Finnish Household Products industry which returned -1.6% over the past year.

Return vs Market: SUY1V exceeded the Finnish Market which returned 7% over the past year.


Shareholder returns

SUY1VIndustryMarket
7 Day0%0.1%-0.1%
30 Day-4.2%0.6%-2.2%
90 Day-0.9%-3.1%0.08%
1 Year11.7%11.7%0.9%-1.6%11.9%7.0%
3 Year-39.8%-42.8%-7.6%-13.5%25.5%10.4%
5 Year-28.9%-34.8%26.4%13.0%56.9%26.8%

Price Volatility Vs. Market

How volatile is Suominen Oyj's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SUY1V (€2.3) is trading below our estimate of fair value (€5.83)

Significantly Below Fair Value: SUY1V is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SUY1V is unprofitable, so we can't compare its PE Ratio to the Household Products industry average.

PE vs Market: SUY1V 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 SUY1V's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SUY1V is good value based on its PB Ratio (1x) compared to the XE Household Products industry average (2.1x).


Next Steps

Future Growth

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

61.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SUY1V is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.1%).

Earnings vs Market: SUY1V is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SUY1V's is expected to become profitable in the next 3 years.

Revenue vs Market: SUY1V's revenue (3.3% per year) is forecast to grow faster than the Finnish market (2.2% per year).

High Growth Revenue: SUY1V's revenue (3.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SUY1V's Return on Equity is forecast to be low in 3 years time (7.8%).


Next Steps

Past Performance

How has Suominen Oyj performed over the past 5 years?

-25.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SUY1V is currently unprofitable.

Growing Profit Margin: SUY1V is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SUY1V is unprofitable, and losses have increased over the past 5 years at a rate of -25.8% per year.

Accelerating Growth: Unable to compare SUY1V's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SUY1V is unprofitable, making it difficult to compare its past year earnings growth to the Household Products industry (-34.3%).


Return on Equity

High ROE: SUY1V has a negative Return on Equity (-0.44%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Suominen Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: SUY1V's short term assets (€138.9M) exceed its short term liabilities (€78.2M).

Long Term Liabilities: SUY1V's short term assets (€138.9M) exceed its long term liabilities (€108.1M).


Debt to Equity History and Analysis

Debt Level: SUY1V's debt to equity ratio (69.7%) is considered high.

Reducing Debt: SUY1V's debt to equity ratio has reduced from 82.3% to 69.7% over the past 5 years.

Debt Coverage: SUY1V's debt is well covered by operating cash flow (34.2%).

Interest Coverage: SUY1V is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: SUY1V has a high level of physical assets or inventory.

Debt Coverage by Assets: SUY1V's debt is covered by short term assets (assets are 1.5x debt).


Next Steps

Dividend

What is Suominen Oyj's current dividend yield, its reliability and sustainability?

2.97%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%2.2%markettop25%4.9%industryaverage2.4%forecastin3Years3.0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate SUY1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SUY1V's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SUY1V's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SUY1V's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SUY1V is not paying a notable dividend for the Finnish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SUY1V's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.


Next Steps

Management

What is the CEO of Suominen Oyj's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Petri Helsky (53yo)

0.9yrs

Tenure

0

Mr. Petri Helsky, M.Sc (Chem. Eng.), M.Sc. (Econ.) is the President and Chief Executive Officer of Suominen Oyj since January 7, 2019. He was the Chief Executive Officer of Metsä Tissue Corporation at Mets ...


Management Age and Tenure

1.8yrs

Average Tenure

50yo

Average Age

Experienced Management: SUY1V's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

4.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: SUY1V's board of directors are considered experienced (4.8 years average tenure).


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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Petri Helsky (53yo)

    President & CEO

    • Tenure: 0.9yrs
  • Mimoun Saïm (55yo)

    Senior Vice President of Global Operations

    • Tenure: 5.9yrs
  • Lynda Kelly (55yo)

    Senior Vice President of Business Development

    • Tenure: 5.6yrs
  • Ernesto Levy (50yo)

    Senior Vice President of Americas Business Area

    • Tenure: 4.2yrs
  • Markku Koivisto (48yo)

    CTO & Senior VP of Europe Business Area

    • Tenure: 2.8yrs
  • Emilia Peltola

    Vice President of Corporate Communications & IR

    • Tenure: 0.8yrs
  • Toni Tamminen (41yo)

    Senior VP & CFO

    • Tenure: 0.9yrs
  • Klaus Korhonen (45yo)

    Senior Vice President of Human Resources & Legal Affairs

    • Tenure: 0.9yrs

Board Members

  • Risto Anttonen (70yo)

    Deputy Chairman

    • Tenure: 7.7yrs
    • Compensation: €41.50k
  • Antero Kasurinen (56yo)

    Independent Director

    • Tenure: 7.7yrs
    • Compensation: €32.00k
  • Laura Raitio (57yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: €32.00k
  • Andreas Ahlström (43yo)

    Non-Independent Director

    • Tenure: 4.8yrs
    • Compensation: €31.50k
  • Sari Pajari (51yo)

    Independent Director

    • Tenure: 0.8yrs
  • Jan Johansson (65yo)

    Independent Chairman of the Board

    • Tenure: 2.8yrs
    • Compensation: €67.00k

Company Information

Suominen Oyj's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Suominen Oyj
  • Ticker: SUY1V
  • Exchange: HLSE
  • Founded: 1767
  • Industry: Household Products
  • Sector: Household
  • Market Cap: €132.319m
  • Shares outstanding: 57.53m
  • Website: https://www.suominen.fi

Number of Employees


Location

  • Suominen Oyj
  • Itämerentori 2
  • 8th Floor
  • Helsinki
  • Uusimaa
  • 180
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SUY1VHLSE (OMX Nordic Exchange Helsinki)YesRegistered SharesFIEUROct 2001
SMNC.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDOct 2001
0M1MLSE (London Stock Exchange)YesRegistered SharesGBEUROct 2001

Biography

Suominen Oyj manufactures and sells nonwovens primarily for consumer goods companies in Finland, rest of Europe, the United States, rest of North and South America, and internationally. The company offers  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/11 20:39
End of Day Share Price2019/12/11 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.