HLSE:HUH1V

Stock Analysis Report

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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. More Details


Snowflake Analysis

Established dividend payer with adequate balance sheet.


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 is less volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: HUH1V's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-3.6%

HUH1V

-2.5%

FI Packaging

-1.9%

FI Market


1 Year Return

-0.05%

HUH1V

22.1%

FI Packaging

16.7%

FI Market

Return vs Industry: HUH1V underperformed the Finnish Packaging industry which returned 22.1% over the past year.

Return vs Market: HUH1V underperformed the Finnish Market which returned 16.7% over the past year.


Shareholder returns

HUH1VIndustryMarket
7 Day-3.6%-2.5%-1.9%
30 Day-8.0%1.7%-0.1%
90 Day-11.4%6.9%4.4%
1 Year2.1%-0.05%24.9%22.1%25.3%16.7%
3 Year17.9%10.0%27.2%15.9%34.9%11.4%
5 Year34.1%20.3%69.0%45.0%74.2%35.6%

Long-Term 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

Valuation

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

28.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HUH1V (€37.28) is trading below our estimate of fair value (€51.97)

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 (22x) compared to the XE Packaging industry average (16.8x).

PE vs Market: HUH1V is good value based on its PE Ratio (22x) compared to the Finnish market (27.2x).


Price to Earnings Growth Ratio

PEG Ratio: HUH1V is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: HUH1V is overvalued based on its PB Ratio (3x) compared to the XE Packaging industry average (1.8x).


Next Steps

Future Growth

How is Huhtamäki Oyj forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUH1V's forecast earnings growth (10.5% per year) is above the savings rate (0.3%).

Earnings vs Market: HUH1V's earnings (10.5% per year) are forecast to grow slower than the Finnish market (19.7% per year).

High Growth Earnings: HUH1V's earnings are forecast to grow, but not significantly.

Revenue vs Market: HUH1V's revenue (4.7% per year) is forecast to grow faster than the Finnish market (3.6% per year).

High Growth Revenue: HUH1V's revenue (4.7% 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 (15.5%).


Next Steps

Past Performance

How has Huhtamäki Oyj performed over the past 5 years?

1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HUH1V has high quality earnings.

Growing Profit Margin: HUH1V's current net profit margins (5.4%) are lower than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: HUH1V's earnings have grown by 1.1% per year over the past 5 years.

Accelerating Growth: HUH1V's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HUH1V had negative earnings growth (-7%) over the past year, making it difficult to compare to the Packaging industry average (7.6%).


Return on Equity

High ROE: HUH1V's Return on Equity (13.5%) 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 (€937.7M).

Long Term Liabilities: HUH1V's short term assets (€1.3B) exceed its long term liabilities (€1.3B).


Debt to Equity History and Analysis

Debt Level: HUH1V's debt to equity ratio (75.4%) is considered high.

Reducing Debt: HUH1V's debt to equity ratio has increased from 63% to 75.4% over the past 5 years.

Debt Coverage: HUH1V's debt is well covered by operating cash flow (41.6%).

Interest Coverage: HUH1V's interest payments on its debt are well covered by EBIT (8.5x coverage).


Balance Sheet


Next Steps

Dividend

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

2.47%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: HUH1V's dividend (2.47%) is higher than the bottom 25% of dividend payers in the Finnish market (1.88%).

High Dividend: HUH1V's dividend (2.47%) is low compared to the top 25% of dividend payers in the Finnish market (3.97%).


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 reasonable payout ratio (54.3%), HUH1V's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HUH1V's dividends in 3 years are forecast to be well covered by earnings (45.2% payout ratio).


Next Steps

Management

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

4.1yrs

Average management tenure


CEO

Charles Héaulmé (54 yo)

1.83yrs

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 ($USD1.66M) is about average for companies of similar size in the Finnish market ($USD1.98M).

Compensation vs Earnings: Insufficient data to compare Charles's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Charles Héaulmé
CEO & President1.83yrs€1.37m0.014%
€ 559.0k
Thomas Geust
Chief Financial Officer7.33yrsno data0.017%
€ 671.1k
Antti Valtokari
Executive VP of IT & Process Performance and CIO2.5yrsno datano data
Calle Loikkanen
Head of Investor Relations & Financial Communicationsno datano datano data
Sami Pauni
Executive VP of Corporate Affairs and Legal & Group General Counsel6yrsno data0.0052%
€ 200.3k
Teija Sarajärvi
Executive Vice President of Human Resources and Safety5.33yrsno data0.0055%
€ 213.2k
Eric Le Lay
President of Foodservice Europe-Asia-Oceania & Fiber Packagingno datano data0.045%
€ 1.7m
Olli Koponen
Senior Vice President of Total Productive Manufacturing10.08yrsno data0.020%
€ 774.9k
Wouter van Tol
Head of Corporate Responsibility4.08yrsno datano data
Katariina Hietaranta
Head of External Communicationsno datano datano data
Marina Madanat
Executive Vice President of Strategy & Business Development1.08yrsno datano data
Arup Basu
President of Flexible Packaging1yrno datano data

4.1yrs

Average Tenure

51.5yo

Average Age

Experienced Management: HUH1V's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pekka Ala-Pietilä
Independent Chairman of the Board7.83yrs€147.04k0.0031%
€ 121.0k
Kerttu Tuomas
Independent Vice Chairman1.83yrs€92.75k0.0019%
€ 74.7k
Ralf Wunderlich
Independent Director2.58yrs€81.50k0.016%
€ 609.6k
William Barker
Independent Director10.92yrs€79.50kno data
Douglas Baillie
Independent Director4.83yrs€81.50k0.00096%
€ 37.3k
Anja Korhonen
Independent Director2.83yrs€85.50k0.00096%
€ 37.3k
Sandra Turner
Independent Director9.83yrs€80.00k0.00096%
€ 37.3k

4.8yrs

Average Tenure

65yo

Average Age

Experienced Board: HUH1V's board of directors are considered experienced (4.8 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: €3.890b
  • Shares outstanding: 104.35m
  • Website: https://www.huhtamaki.com

Number of Employees


Location

  • Huhtamäki Oyj
  • Revontulenkuja 1
  • Espoo
  • Uusimaa
  • 2100
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HUH1VHLSE (OMX Nordic Exchange Helsinki)YesSeries I SharesFIEURFeb 1984
HUKIDB (Deutsche Boerse AG)YesSeries I SharesDEEURFeb 1984
0K9WLSE (London Stock Exchange)YesSeries I SharesGBEURFeb 1984
HOYF.FOTCPK (Pink Sheets LLC)YesSeries I SharesUSUSDFeb 1984
HUH1VHBATS-CHIXE (BATS 'Chi-X Europe')YesSeries I SharesGBEURFeb 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. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 19:11
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.