Ahlstrom-Munksjö Oyj manufactures and sells fiber-based materials, supplies innovative and sustainable solutions to customers worldwide.
+ 1 more risk
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Ahlstrom-Munksjö Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AM1's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AM1 underperformed the Finnish Forestry industry which returned -11.2% over the past year.
Return vs Market: AM1 underperformed the Finnish Market which returned -16.3% over the past year.
Price Volatility Vs. Market
How volatile is Ahlstrom-Munksjö Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StShould Income Investors Look At Ahlstrom-Munksjö Oyj (HEL:AM1) Before Its Ex-Dividend?
2 weeks ago | Simply Wall StHow Does Ahlstrom-Munksjö Oyj's (HEL:AM1) P/E Compare To Its Industry, After The Share Price Drop?
3 weeks ago | Simply Wall StIf You Had Bought Ahlstrom-Munksjö Oyj (HEL:AM1) Shares Five Years Ago You'd Have Made 29%
Is Ahlstrom-Munksjö Oyj undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AM1 (€10.06) is trading below our estimate of fair value (€19.17)
Significantly Below Fair Value: AM1 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AM1 is poor value based on its PE Ratio (36.8x) compared to the Forestry industry average (9.2x).
PE vs Market: AM1 is poor value based on its PE Ratio (36.8x) compared to the Finnish market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: AM1 is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: AM1 is overvalued based on its PB Ratio (0.9x) compared to the XE Forestry industry average (0.9x).
How is Ahlstrom-Munksjö Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AM1's forecast earnings growth (34.2% per year) is above the savings rate (-0.1%).
Earnings vs Market: AM1's earnings (34.2% per year) are forecast to grow faster than the Finnish market (8.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AM1's revenue (1.2% per year) is forecast to grow faster than the Finnish market (0.3% per year).
High Growth Revenue: AM1's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AM1's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Ahlstrom-Munksjö Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AM1 has high quality earnings.
Growing Profit Margin: AM1's current net profit margins (1.1%) are lower than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: AM1's earnings have grown by 15.7% per year over the past 5 years.
Accelerating Growth: AM1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AM1 had negative earnings growth (-24.3%) over the past year, making it difficult to compare to the Forestry industry average (-10.7%).
Return on Equity
High ROE: AM1's Return on Equity (2.7%) is considered low.
How is Ahlstrom-Munksjö Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: AM1's short term assets (€840.4M) exceed its short term liabilities (€755.6M).
Long Term Liabilities: AM1's short term assets (€840.4M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: AM1's debt to equity ratio (80.7%) is considered high.
Reducing Debt: AM1's debt to equity ratio has increased from 73.3% to 80.7% over the past 5 years.
Debt Coverage: AM1's debt is well covered by operating cash flow (28.8%).
Interest Coverage: AM1's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Inventory Level: AM1 has a high level of physical assets or inventory.
Debt Coverage by Assets: AM1's debt is not covered by short term assets (assets are 0.8x debt).
What is Ahlstrom-Munksjö Oyj's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AM1's dividend (5.17%) is higher than the bottom 25% of dividend payers in the Finnish market (3.07%).
High Dividend: AM1's dividend (5.17%) is low compared to the top 25% of dividend payers in the Finnish market (6.45%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, AM1 has been paying a dividend for less than 10 years.
Growing Dividend: AM1's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (190.3%), AM1's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AM1's dividends in 3 years are forecast to be well covered by earnings (48% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hans Sohlström (55yo)
Mr. Hans Sohlström, M.Sc. (Tech.), M. Sc. (Econ.), has been the President and Chief Executive Officer of Ahlstrom-Munksjö Oyj since April 16, 2018. Mr. Sohlstrom was the President and Chief Executive Offic ...
CEO Compensation Analysis
Compensation vs Market: Hans's total compensation ($USD964.63K) is below average for companies of similar size in the Finnish market ($USD1.70M).
Compensation vs Earnings: Hans's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & President||1.92yrs||€870.00k||0.032% €367.4k|
|Deputy CEO||1yr||no data||no data|
|Vice President of Communications & Investor Relations||no data||no data||no data|
|Executive VP of Legal & General Counsel||no data||no data||0.0034% €38.9k|
|Executive Vice President of People & Safety||0.75yr||no data||no data|
|Executive Vice-President of Strategy||0.17yr||no data||no data|
|Executive Vice President of Business Area Industrial Solutions||0.75yr||no data||0.000030% €347.0|
|Executive Vice President of Business Area Filtration & Performance||no data||no data||0.021% €245.6k|
|Senior Vice President of Sustainability||4.5yrs||no data||no data|
|Executive Vice President of Business Area Decor Solutions||2.17yrs||no data||no data|
Experienced Management: AM1's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
|Independent Director||2yrs||no data||0.013% €147.7k|
|Independent Director||2.92yrs||€69.00k||1.38% €16.0m|
|Independent Vice Chairman of the Board||3.33yrs||€102.00k||0.0044% €50.7k|
|Board Member||6.17yrs||€75.00k||0.0010% €12.0k|
|Independent Chairman of the Board||no data||€53.00k||no data|
|Independent Director||2.92yrs||€71.00k||0.0042% €48.9k|
|Independent Director||7.17yrs||€73.00k||0.0031% €36.2k|
|Director||no data||no data||no data|
Experienced Board: AM1's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.2%.
Ahlstrom-Munksjö Oyj's company bio, employee growth, exchange listings and data sources
- Name: Ahlstrom-Munksjö Oyj
- Ticker: AM1
- Exchange: HLSE
- Founded: 1862
- Industry: Paper Products
- Sector: Materials
- Market Cap: €1.157b
- Shares outstanding: 114.99m
- Website: https://www.ahlstrom-munksjo.com
Number of Employees
- Ahlstrom-Munksjö Oyj
- Alvar Aallon katu 3 C
- PO Box 329
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AM1||HLSE (OMX Nordic Exchange Helsinki)||Yes||Ordinary Shares||FI||EUR||Jun 2013|
|0QEQ||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jun 2013|
|AM1S||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Jun 2013|
|AM1H||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 2013|
|AM1SS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||SEK||Jun 2013|
|M9O||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2013|
|AM1 N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Jun 2013|
Ahlstrom-Munksjö Oyj manufactures and sells fiber-based materials, supplies innovative and sustainable solutions to customers worldwide. It offers decor paper, filter media, release liners, abrasive backings, nonwovens, electrotechnical papers, glass fiber materials, food packaging and labeling products, tapes, medical fiber materials, and solutions for diagnostics. The company’s product portfolio solutions also comprise wetlaid nonwovens; balancing and primer foils; beverage packaging and filter solutions; coated specialties; fine art and printing papers; food processing and industrial liquid filtration products; glass fibers; graphic papers; health care materials; label papers; non-food packaging products; release papers; special filters and analytics; specialty pulp products; thin papers; and wallcoverings. It serves transportation; construction; food and beverage; furniture; health care and life science; non-food consumer goods; general industry; and energy industries. The company was formerly known as Munksjö Oyj and changed its name to Ahlstrom-Munksjö Oyj in March 2017. Ahlstrom-Munksjö Oyj was founded in 1862 and is headquartered in Helsinki, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/27 22:17|
|End of Day Share Price||2020/03/27 00:00|
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.