Huhtamäki Oyj
Market Cap
€2.9b
Last Updated
2020/03/29 21:14 UTC
Data Sources
Company Financials +
Executive Summary
Huhtamäki Oyj manufactures and sells packaging products in the United States, Germany, India, the United Kingdom, Australia, Thailand, China, Russia, the United Arab Emirates, Poland, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with excellent balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Huhtamäki Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HUH1V's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
9.5%
HUH1V
6.0%
FI Packaging
5.6%
FI Market
1 Year Return
-14.9%
HUH1V
-5.1%
FI Packaging
-19.3%
FI Market
Return vs Industry: HUH1V underperformed the Finnish Packaging industry which returned -5.1% over the past year.
Return vs Market: HUH1V exceeded the Finnish Market which returned -19.3% over the past year.
Shareholder returns
| HUH1V | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.5% | 6.0% | 5.6% |
| 30 Day | -24.3% | -14.5% | -19.0% |
| 90 Day | -31.8% | -21.7% | -22.7% |
| 1 Year | -12.9%-14.9% | -2.1%-5.1% | -15.3%-19.3% |
| 3 Year | -9.5%-15.4% | -1.0%-10.9% | -3.9%-15.9% |
| 5 Year | 4.8%-5.7% | 18.3%1.3% | 4.7%-15.4% |
Price Volatility Vs. Market
How volatile is Huhtamäki Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
How Does Huhtamäki Oyj's (HEL:HUH1V) P/E Compare To Its Industry, After The Share Price Drop?1 month ago | Simply Wall St
Interested In Huhtamäki Oyj (HEL:HUH1V)? Here's What Its Recent Performance Looks Like1 month ago | Simply Wall St
Should We Worry About Huhtamäki Oyj's (HEL:HUH1V) P/E Ratio?Valuation
Is Huhtamäki Oyj undervalued compared to its fair value and its price relative to the market?
39.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HUH1V (€28.22) is trading below our estimate of fair value (€46.87)
Significantly Below Fair Value: HUH1V is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HUH1V is poor value based on its PE Ratio (15.5x) compared to the Packaging industry average (13x).
PE vs Market: HUH1V is poor value based on its PE Ratio (15.5x) compared to the Finnish market (15x).
Price to Earnings Growth Ratio
PEG Ratio: HUH1V is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: HUH1V is overvalued based on its PB Ratio (2.2x) compared to the XE Packaging industry average (1.2x).
Next Steps
Future Growth
How is Huhtamäki Oyj forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
9.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HUH1V's forecast earnings growth (9.5% per year) is above the savings rate (-0.1%).
Earnings vs Market: HUH1V's earnings (9.5% per year) are forecast to grow faster than the Finnish market (8.8% per year).
High Growth Earnings: HUH1V's earnings are forecast to grow, but not significantly.
Revenue vs Market: HUH1V's revenue (3.8% per year) is forecast to grow faster than the Finnish market (0.4% per year).
High Growth Revenue: HUH1V's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HUH1V's Return on Equity is forecast to be low in 3 years time (15.1%).
Next Steps
Past Performance
How has Huhtamäki Oyj performed over the past 5 years?
4.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HUH1V has high quality earnings.
Growing Profit Margin: HUH1V's current net profit margins (5.6%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: HUH1V's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: HUH1V's earnings growth over the past year (22.3%) exceeds its 5-year average (4.3% per year).
Earnings vs Industry: HUH1V earnings growth over the past year (22.3%) exceeded the Packaging industry 17.8%.
Return on Equity
High ROE: HUH1V's Return on Equity (13.8%) is considered low.
Next Steps
Financial Health
How is Huhtamäki Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: HUH1V's short term assets (€1.3B) exceed its short term liabilities (€950.7M).
Long Term Liabilities: HUH1V's short term assets (€1.3B) exceed its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: HUH1V's debt to equity ratio (66.6%) is considered high.
Reducing Debt: HUH1V's debt to equity ratio has reduced from 71.2% to 66.6% over the past 5 years.
Debt Coverage: HUH1V's debt is well covered by operating cash flow (44.6%).
Interest Coverage: HUH1V's interest payments on its debt are well covered by EBIT (19.6x coverage).
Balance Sheet
Inventory Level: HUH1V has a high level of physical assets or inventory.
Debt Coverage by Assets: HUH1V's debt is covered by short term assets (assets are 1.4x debt).
Next Steps
Dividend
What is Huhtamäki Oyj's current dividend yield, its reliability and sustainability?
3.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HUH1V's dividend (3.15%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (3.2%).
High Dividend: HUH1V's dividend (3.15%) is low compared to the top 25% of dividend payers in the Finnish market (6.48%).
Stability and Growth of Payments
Stable Dividend: HUH1V's dividends per share have been stable in the past 10 years.
Growing Dividend: HUH1V's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.9%), HUH1V's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HUH1V's dividends in 3 years are forecast to be well covered by earnings (43.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Charles Héaulmé (53yo)
0.92
Tenure
€1,368,666
Compensation
Mr. Charles Héaulmé, BBA serves as the Chief Executive Officer and President of Huhtamäki Oyj since April 26, 2019. Mr. Héaulmé joined Huhtamaki from Tetra Pak International S.A., where his latest position ...
CEO Compensation Analysis
Compensation vs Market: Charles's total compensation ($USD1.52M) is about average for companies of similar size in the Finnish market ($USD1.35M).
Compensation vs Earnings: Insufficient data to compare Charles's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 0.92yr | €1.37m | 0.014% €423.2k | |
| Chief Financial Officer | 5.67yrs | no data | 0.017% €508.0k | |
| Executive VP of IT & Process Performance and CIO | 1.58yrs | no data | no data | |
| Head of Investor Relations & Financial Communications | no data | no data | no data | |
| Executive VP of Corporate Affairs and Legal & Group General Counsel | 5yrs | no data | 0.0052% €151.7k | |
| Executive Vice President of Human Resources | 0.17yr | no data | 0.0055% €161.4k | |
| President of North America | no data | no data | 0.018% €530.3k | |
| President of Foodservice Europe-Asia-Oceania & Fiber Packaging | no data | no data | 0.045% €1.3m | |
| Senior Vice President of Total Productive Manufacturing | 9.17yrs | no data | 0.020% €586.6k | |
| Head of Corporate Responsibility | 3.17yrs | no data | no data |
3.2yrs
Average Tenure
51.5yo
Average Age
Experienced Management: HUH1V's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 6.92yrs | €147.04k | 0.0031% €91.6k | |
| Independent Vice Chairman | 0.92yr | €92.75k | 0.0019% €56.5k | |
| Independent Director | 1.67yrs | €81.50k | 0.016% €461.4k | |
| Independent Director | 10yrs | €79.50k | no data | |
| Independent Director | 3.92yrs | €81.50k | 0.00096% €28.3k | |
| Independent Director | 1.92yrs | €85.50k | 0.00096% €28.3k | |
| Independent Director | 8.92yrs | €80.00k | 0.00096% €28.3k |
3.9yrs
Average Tenure
64yo
Average Age
Experienced Board: HUH1V's board of directors are considered experienced (3.9 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
Huhtamäki Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Huhtamäki Oyj
- Ticker: HUH1V
- Exchange: HLSE
- Founded: 1920
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: €2.945b
- Shares outstanding: 104.35m
- Website: https://www.huhtamaki.com
Number of Employees
Location
- Huhtamäki Oyj
- Revontulenkuja 1
- Espoo
- Uusimaa
- 2100
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HUH1V | HLSE (OMX Nordic Exchange Helsinki) | Yes | Series I Shares | FI | EUR | Feb 1984 |
| HUKI | DB (Deutsche Boerse AG) | Yes | Series I Shares | DE | EUR | Feb 1984 |
| 0K9W | LSE (London Stock Exchange) | Yes | Series I Shares | GB | EUR | Feb 1984 |
| HOYF.F | OTCPK (Pink Sheets LLC) | Yes | Series I Shares | US | USD | Feb 1984 |
| HUH1VH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series I Shares | GB | EUR | Feb 1984 |
Biography
Huhtamäki Oyj manufactures and sells packaging products in the United States, Germany, India, the United Kingdom, Australia, Thailand, China, Russia, the United Arab Emirates, Poland, and internationally. It operates in foodservice packaging, flexible packaging, and fiber packaging business areas. The company offers single and double-wall paper cups, coffee cups, cold drinks cups, cup carriers, lids, accessories, and short run prints of customized paper cups; take away trays, containers, clamshells, scoops, bowls, wraps, and various accessories for take-away and dining; and egg trays, egg cartons, fruit trays, and wine bottle separators. It also provides multilayer films, wrappers, labels, pouches, and various reclose and print options for coffee, tea, juice, energy drink, and alcoholic beverage packaging; and stand up pouches, food pouches, multilayer packaging, and foils for ice cream, soups, biscuits, confectionary, dry foods, and other retail foods. In addition, the company offers ready-to-eat pet food packaging, such as retort pouches and barrier laminates, as well as open and reclosable bags, and pouches in aluminum foil and non-foil transparent structures; packaging and labels for personal and home care products; tube laminates for toothpaste and other tubes; and blister packaging materials and pharmaceutical packaging. Further, it provides catering disposables and vending cups; food service paper and disposable tableware to foodservice operators, fast food restaurants, and coffee shops; packaging solutions for retail business; flexible packaging solutions; and plastic meal trays. The company was founded in 1920 and is headquartered in Espoo, Finland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/29 21:14 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.