Loading...

Huhtamäki Oyj

HLSE:HUH1V
Snowflake Description

Excellent balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HUH1V
HLSE
€4B
Market Cap
  1. Home
  2. FI
  3. Materials
Company description

Huhtamäki Oyj, through its subsidiaries, manufactures and sells packaging products for food and drinks worldwide. The last earnings update was 63 days ago. More info.


Add to Portfolio Compare Print
HUH1V Share Price and Events
7 Day Returns
12%
HLSE:HUH1V
0.5%
Europe Packaging
0.8%
FI Market
1 Year Returns
5.8%
HLSE:HUH1V
-10.9%
Europe Packaging
3%
FI Market
HUH1V Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Huhtamäki Oyj (HUH1V) 12% 9.8% 24.9% 5.8% 3.4% 90.3%
Europe Packaging 0.5% 3.5% 7.7% -10.9% 14.2% 52%
FI Market 0.8% 2.4% 4.5% 3% 27.3% 37.6%
1 Year Return vs Industry and Market
  • HUH1V outperformed the Packaging industry which returned -10.9% over the past year.
  • HUH1V outperformed the Market in Finland which returned 3% over the past year.
Price Volatility
HUH1V
Industry
5yr Volatility vs Market

HUH1V Value

 Is Huhtamäki Oyj undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Huhtamäki Oyj to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Huhtamäki Oyj.

HLSE:HUH1V Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.2%
Perpetual Growth Rate 10-Year FI Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for HLSE:HUH1V
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FI Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.5%
Packaging Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.87 (1 + (1- 20%) (24.38%))
1.027
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (1.027 * 6.51%)
7.22%

Discounted Cash Flow Calculation for HLSE:HUH1V using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Huhtamäki Oyj is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

HLSE:HUH1V DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.22%)
2019 167.70 Analyst x5 156.40
2020 195.54 Analyst x5 170.08
2021 216.68 Analyst x5 175.77
2022 215.00 Analyst x2 162.66
2023 238.00 Analyst x1 167.93
2024 248.07 Est @ 4.23% 163.25
2025 255.83 Est @ 3.12% 157.01
2026 261.84 Est @ 2.35% 149.87
2027 266.57 Est @ 1.81% 142.30
2028 270.37 Est @ 1.43% 134.61
Present value of next 10 years cash flows €1,579.90
HLSE:HUH1V DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €270.37 × (1 + 0.54%) ÷ (7.22% – 0.54%)
€4,067.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €4,067.42 ÷ (1 + 7.22%)10
€2,025.05
HLSE:HUH1V Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €1,579.90 + €2,025.05
€3,604.95
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €3,604.95 / 104.33
€34.55
HLSE:HUH1V Discount to Share Price
Calculation Result
Value per share (EUR) From above. €34.55
Current discount Discount to share price of €36.03
= -1 x (€36.03 - €34.55) / €34.55
-4.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Huhtamäki Oyj is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Huhtamäki Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Huhtamäki Oyj's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
HLSE:HUH1V PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €1.50
HLSE:HUH1V Share Price ** HLSE (2019-04-25) in EUR €36.03
Europe Packaging Industry PE Ratio Median Figure of 32 Publicly-Listed Packaging Companies 16.83x
Finland Market PE Ratio Median Figure of 108 Publicly-Listed Companies 19.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Huhtamäki Oyj.

HLSE:HUH1V PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= HLSE:HUH1V Share Price ÷ EPS (both in EUR)

= 36.03 ÷ 1.50

24.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Huhtamäki Oyj is overvalued based on earnings compared to the Europe Packaging industry average.
  • Huhtamäki Oyj is overvalued based on earnings compared to the Finland market.
Price based on expected Growth
Does Huhtamäki Oyj's expected growth come at a high price?
Raw Data
HLSE:HUH1V PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
12%per year
Europe Packaging Industry PEG Ratio Median Figure of 17 Publicly-Listed Packaging Companies 1.76x
Finland Market PEG Ratio Median Figure of 91 Publicly-Listed Companies 1.66x

*Line of best fit is calculated by linear regression .

HLSE:HUH1V PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.01x ÷ 12%

2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Huhtamäki Oyj is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Huhtamäki Oyj's assets?
Raw Data
HLSE:HUH1V PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €11.70
HLSE:HUH1V Share Price * HLSE (2019-04-25) in EUR €36.03
Europe Packaging Industry PB Ratio Median Figure of 37 Publicly-Listed Packaging Companies 1.64x
Finland Market PB Ratio Median Figure of 142 Publicly-Listed Companies 2.01x
HLSE:HUH1V PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= HLSE:HUH1V Share Price ÷ Book Value per Share (both in EUR)

= 36.03 ÷ 11.70

3.08x

* Primary Listing of Huhtamäki Oyj.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Huhtamäki Oyj is overvalued based on assets compared to the Europe Packaging industry average.
X
Value checks
We assess Huhtamäki Oyj's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Packaging industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Packaging industry average (and greater than 0)? (1 check)
  5. Huhtamäki Oyj has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HUH1V Future Performance

 How is Huhtamäki Oyj expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Huhtamäki Oyj expected to grow at an attractive rate?
  • Huhtamäki Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Huhtamäki Oyj's earnings growth is positive but not above the Finland market average.
  • Huhtamäki Oyj's revenue growth is expected to exceed the Finland market average.
Annual Growth Rates Comparison
Raw Data
HLSE:HUH1V Future Growth Rates Data Sources
Data Point Source Value (per year)
HLSE:HUH1V Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 12%
HLSE:HUH1V Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 4.9%
Europe Packaging Industry Earnings Growth Rate Market Cap Weighted Average 25%
Europe Packaging Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Finland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
Finland Market Revenue Growth Rate Market Cap Weighted Average 1.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
HLSE:HUH1V Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
HLSE:HUH1V Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 417
2022-12-31 3,737 412 245 1
2021-12-31 3,656 428 248 5
2020-12-31 3,420 400 230 6
2019-12-31 3,332 381 207 5
HLSE:HUH1V Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 3,104 253 157
2018-09-30 3,036 257 187
2018-06-30 2,989 280 192
2018-03-31 2,975 234 190
2017-12-31 2,989 257 193
2017-09-30 2,975 273 188
2017-06-30 2,962 288 190
2017-03-31 2,932 287 191
2016-12-31 2,865 298 188
2016-09-30 2,824 276 184
2016-06-30 2,797 258 180
2016-03-31 2,769 281 160

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Huhtamäki Oyj's earnings are expected to grow by 12% yearly, however this is not considered high growth (20% yearly).
  • Huhtamäki Oyj's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
HLSE:HUH1V Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Huhtamäki Oyj Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:HUH1V Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 2.36 2.36 2.36 1.00
2021-12-31 2.39 2.48 2.26 5.00
2020-12-31 2.15 2.30 1.86 6.00
2019-12-31 1.96 2.07 1.82 6.00
HLSE:HUH1V Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 1.50
2018-09-30 1.79
2018-06-30 1.85
2018-03-31 1.83
2017-12-31 1.86
2017-09-30 1.81
2017-06-30 1.83
2017-03-31 1.84
2016-12-31 1.81
2016-09-30 1.77
2016-06-30 1.74
2016-03-31 1.54

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Huhtamäki Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Huhtamäki Oyj's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Huhtamäki Oyj has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HUH1V Past Performance

  How has Huhtamäki Oyj performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Huhtamäki Oyj's growth in the last year to its industry (Packaging).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Huhtamäki Oyj's year on year earnings growth rate has been positive over the past 5 years.
  • Huhtamäki Oyj's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Huhtamäki Oyj's 1-year earnings growth is negative, it can't be compared to the Europe Packaging industry average.
Earnings and Revenue History
Huhtamäki Oyj's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Huhtamäki Oyj Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:HUH1V Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,103.60 156.50 236.30 20.20
2018-09-30 3,036.30 186.80 236.20 20.20
2018-06-30 2,988.50 192.30 232.60 19.90
2018-03-31 2,974.50 190.20 227.90 19.30
2017-12-31 2,988.70 193.10 230.40 19.20
2017-09-30 2,974.80 188.00 232.10 18.20
2017-06-30 2,962.00 189.80 233.80 18.10
2017-03-31 2,932.10 190.70 241.90 17.80
2016-12-31 2,865.00 187.80 241.10 17.20
2016-09-30 2,824.00 183.70 246.40 17.50
2016-06-30 2,797.00 180.10 250.50 16.90
2016-03-31 2,768.60 160.00 241.00 16.20
2015-12-31 2,726.40 148.20 234.70 15.70
2015-09-30 2,616.40 149.60 219.00 15.10
2015-06-30 2,486.90 132.20 203.80 14.30
2015-03-31 2,352.20 132.70 193.30 14.00
2014-12-31 2,235.70 128.30 180.90 13.30
2014-09-30 2,042.50 101.00 163.90 12.20
2014-06-30 2,066.30 101.20 166.90 12.70
2014-03-31 2,106.30 93.50 170.70 13.90
2013-12-31 2,161.10 92.60 179.60 14.70
2013-09-30 2,349.40 105.80 200.10 16.10
2013-06-30 2,347.20 110.80 202.10 16.30
2013-03-31 2,342.80 121.20 207.10 15.80
2012-12-31 2,321.20 121.30 208.20 15.70
2012-09-30 2,267.40 107.60 194.90 15.70
2012-06-30 2,198.90 94.20 190.00 15.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Huhtamäki Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Huhtamäki Oyj used its assets less efficiently than the Europe Packaging industry average last year based on Return on Assets.
  • Huhtamäki Oyj's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Huhtamäki Oyj's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Packaging industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Huhtamäki Oyj has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HUH1V Health

 How is Huhtamäki Oyj's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Huhtamäki Oyj's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Huhtamäki Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Huhtamäki Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Huhtamäki Oyj's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Huhtamäki Oyj Company Filings, last reported 3 months ago.

HLSE:HUH1V Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,273.80 916.50 95.00
2018-09-30 1,242.70 927.30 79.00
2018-06-30 1,230.80 961.80 116.70
2018-03-31 1,219.70 829.50 110.70
2017-12-31 1,208.20 822.60 116.00
2017-09-30 1,158.40 838.30 89.60
2017-06-30 1,141.60 874.30 113.60
2017-03-31 1,222.00 787.40 100.10
2016-12-31 1,182.20 787.70 105.90
2016-09-30 1,110.20 788.90 101.70
2016-06-30 1,066.30 836.40 102.40
2016-03-31 1,050.30 738.90 183.10
2015-12-31 1,036.00 660.60 103.20
2015-09-30 950.70 692.80 81.30
2015-06-30 929.40 735.40 97.70
2015-03-31 989.70 696.30 97.60
2014-12-31 892.80 645.40 350.80
2014-09-30 885.00 668.20 191.20
2014-06-30 815.90 653.50 169.50
2014-03-31 829.40 644.90 216.70
2013-12-31 804.80 655.00 241.00
2013-09-30 801.10 663.10 219.50
2013-06-30 792.50 679.70 183.30
2013-03-31 849.40 523.00 65.60
2012-12-31 805.50 513.30 81.00
2012-09-30 862.50 554.90 71.10
2012-06-30 833.30 649.40 125.20
  • Huhtamäki Oyj's level of debt (72%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (81.3% vs 72% today).
  • Debt is well covered by operating cash flow (27.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.6x coverage).
X
Financial health checks
We assess Huhtamäki Oyj's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Huhtamäki Oyj has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HUH1V Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.33%
Current annual income from Huhtamäki Oyj dividends. Estimated to be 2.69% next year.
If you bought €2,000 of Huhtamäki Oyj shares you are expected to receive €47 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Huhtamäki Oyj's pays a higher dividend yield than the bottom 25% of dividend payers in Finland (2.24%).
  • Huhtamäki Oyj's dividend is below the markets top 25% of dividend payers in Finland (4.85%).
Upcoming dividend payment

Purchase Huhtamäki Oyj before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
HLSE:HUH1V Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Europe Packaging Industry Average Dividend Yield Market Cap Weighted Average of 25 Stocks 3.2%
Finland Market Average Dividend Yield Market Cap Weighted Average of 101 Stocks 4.2%
Finland Minimum Threshold Dividend Yield 10th Percentile 1.4%
Finland Bottom 25% Dividend Yield 25th Percentile 2.2%
Finland Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

HLSE:HUH1V Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.05 5.00
2020-12-31 0.98 6.00
2019-12-31 0.89 6.00
HLSE:HUH1V Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-14 0.840 2.564
2018-03-27 0.800 2.698
2017-03-29 0.730 2.100
2016-02-11 0.660 1.854
2015-03-25 0.600 1.984
2014-02-06 0.570 2.728
2013-02-13 0.560 3.554
2012-03-30 0.460 3.819
2011-02-11 0.440 4.887
2010-02-12 0.380 4.258

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Huhtamäki Oyj has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Huhtamäki Oyj only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Huhtamäki Oyj's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
X
Income/ dividend checks
We assess Huhtamäki Oyj's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Huhtamäki Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Huhtamäki Oyj has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HUH1V Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jukka Moisio
COMPENSATION €2,872,394
AGE 57
TENURE AS CEO 11 years
CEO Bio

Mr. Jukka Moisio, M.Sc. (Econ), MBA has been the Chief Executive Officer of Huhtamaki Oyj since April 1, 2008 and serves as its Chairman of the Executive Team. Mr. Moisio served as the President and Chief Executive Officer at Ahlstrom Oyj from July 2004 to February 28, 2008 and also as its Division President of FiberComposites. He joined in Ahlstrom since 1991. He served as President and Member of Executive team of Ahlstrom Oyj. He served as an Executive Vice President, Deputy to President and President of the FiberComposites division and Chief Executive Officer of Ahlstrom Corporation from 2003 to 2004. He served as President of the Fibre Composites division at Ahlstrom Paper Group from 2000 to 2004 and also served as its Chief Financial Officer and Director of Business planning. He served as Associate of McKinsey & Company. He served as a Non-Executive Director at Huhtamaki PPL Limited from April 23, 2008 to March 26, 2019. Mr. Moisio holds a Master’s degree in Economics from the Helsinki School of Economics and an MBA from the University of Dartmouth in the U.S.

CEO Compensation
  • Jukka's compensation has been consistent with company performance over the past year.
  • Jukka's remuneration is higher than average for companies of similar size in Finland.
Management Team Tenure

Average tenure and age of the Huhtamäki Oyj management team in years:

4.2
Average Tenure
50
Average Age
  • The tenure for the Huhtamäki Oyj management team is about average.
Management Team

Jukka Moisio

TITLE
Chief Executive Officer
COMPENSATION
€3M
AGE
57
TENURE
11 yrs

Thomas Geust

TITLE
Chief Financial Officer
AGE
45
TENURE
4.8 yrs

Katariina Hietaranta

TITLE
Head of Group Communications & Investor relations
AGE
50

Sami Pauni

TITLE
Senior VP of Corporate Affairs & Legal and Group General Counsel
AGE
44
TENURE
4.2 yrs

Leena Lie

TITLE
Senior VP of Marketing & Communications
AGE
50
TENURE
0.7 yrs

Teija Sarajärvi

TITLE
Senior Vice President of Human Resources
AGE
49
TENURE
3.5 yrs

Clay Dunn

TITLE
Executive Vice President of North America Region
AGE
61

Eric Le Lay

TITLE
Executive Vice President of Foodservice - Europe-Asia-Oceania
AGE
56

Olli Koponen

TITLE
Executive Vice President of Flexible Packaging
AGE
59
TENURE
8.3 yrs

Wouter van Tol

TITLE
Head of Corporate Responsibility
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Huhtamäki Oyj board of directors in years:

4.5
Average Tenure
64
Average Age
  • The tenure for the Huhtamäki Oyj board of directors is about average.
Board of Directors

Pekka Ala-Pietilä

TITLE
Chairman of the Board
COMPENSATION
€144K
AGE
61
TENURE
6 yrs

Jukka Suominen

TITLE
Vice Chairman of the Board
COMPENSATION
€98K
AGE
71
TENURE
12 yrs

Bill Barker

TITLE
Director
COMPENSATION
€77K
AGE
69
TENURE
9.1 yrs

Sandra Turner

TITLE
Director
COMPENSATION
€77K
AGE
66
TENURE
8 yrs

Doug Baillie

TITLE
Director
COMPENSATION
€78K
AGE
63
TENURE
3 yrs

Kerttu Tuomas

TITLE
Director
COMPENSATION
€78K
AGE
61
TENURE
2 yrs

Anja Korhonen

TITLE
Director
COMPENSATION
€54K
AGE
65
TENURE
1 yrs

Ralf Wunderlich

TITLE
Director
COMPENSATION
€33K
AGE
52
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Huhtamäki Oyj's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Huhtamäki Oyj has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HUH1V News

Simply Wall St News

What Kind Of Shareholder Appears On The Huhtamäki Oyj's (HEL:HUH1V) Shareholder Register?

If you want to know who really controls Huhtamäki Oyj (HEL:HUH1V), then you'll have to look at the makeup of its share registry. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership.

Simply Wall St -

Huhtamäki Oyj (HEL:HUH1V): What’s In It For The Shareholders?

If you are currently a shareholder in Huhtamäki Oyj (HEL:HUH1V), or considering investing in the stock, you need to examine how the business generates cash, and how it is reinvested. … Huhtamäki Oyj generates cash through its day-to-day business, which needs to be reinvested into the company in order for it to continue operating. … The two ways to assess whether Huhtamäki Oyj’s FCF is sufficient, is to compare the FCF yield to the market index yield, as well as determine whether the top-line operating cash flows will continue to grow

Simply Wall St -

Should You Be Pleased About The CEO Pay At Huhtamäki Oyj's (HEL:HUH1V)

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Jukka Moisio's Compensation Compare With Similar Sized Companies. … According to our data, Huhtamäki Oyj has a market capitalization of €3.4b, and pays its CEO total annual compensation worth €2.9m.

Simply Wall St -

How Do Analysts See Huhtamäki Oyj (HEL:HUH1V) Performing In The Year Ahead?

After Huhtamäki Oyj's (HEL:HUH1V) earnings announcement on 31 December 2018, … it seems that analyst forecasts are fairly optimistic, … the past 5-year average growth rate of 13%.

Simply Wall St -

Is Huhtamäki Oyj's (HEL:HUH1V) Future Growth Already Accounted For In Today's Price?

Huhtamäki Oyj (HEL:HUH1V) is considered a high growth stock. … However its last closing price of €32.1 left investors wondering whether this growth has already been factored into the share price. … Investors in Huhtamäki Oyj have been patiently waiting for the uptick in earnings.

Simply Wall St -

What Should You Know About Huhtamäki Oyj's (HEL:HUH1V) Earnings Outlook?

Want to participate in a short research study? … Help shape the future of investing tools and receive a $20 prize! … The latest earnings release Huhtamäki Oyj's (HEL:HUH1V) announced in December 2018

Simply Wall St -

Huhtamäki Oyj's (HEL:HUH1V) Earnings Dropped -19%, How Did It Fare Against The Industry?

In this commentary, I will examine Huhtamäki Oyj's (HEL:HUH1V) latest earnings update (31 December 2018) and compare these figures against its performance over the past couple of years, as well as how the rest of the packaging industry performed. … HUH1V's trailing twelve-month earnings (from 31 December 2018) of €157m has. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 13%, indicating the rate at which HUH1V is growing has slowed down

Simply Wall St -

What Does Huhtamäki Oyj's (HEL:HUH1V) P/E Ratio Tell You?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Huhtamäki Oyj has a price to earnings ratio of 16.21, based on the last twelve months. … How Do I Calculate A Price To Earnings Ratio

Simply Wall St -

Huhtamäki Oyj (HEL:HUH1V) Has Attractive Fundamentals

Today I've chosen to put the spotlight on Huhtamäki Oyj (HEL:HUH1V) due to its excellent fundamentals in more than one area. … that has been able to sustain great financial health over the past … Below, I've touched on some key aspects you should know on a high level

Simply Wall St -

Huhtamäki Oyj (HEL:HUH1V): Time For A Financial Health Check

Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Huhtamäki Oyj (HEL:HUH1V) with a market-capitalization of €2.9b, rarely draw their attention. … While they are less talked about as an investment category, mid-cap risk-adjusted returns have generally been better than more commonly focused stocks that fall into the small- or large-cap categories. … Don’t forget that this is a general and concentrated examination of Huhtamäki Oyj’s financial health, so you should conduct further analysis.

Simply Wall St -

HUH1V Company Info

Description

Huhtamäki Oyj, through its subsidiaries, manufactures and sells packaging products for food and drinks worldwide. It operates through Foodservice Packaging, Flexible Packaging, and Fiber Packaging business areas. The company offers foodservice paper and plastic disposable tableware to foodservice operators, fast food restaurants, and coffee shops; foodservice packaging products, ice cream containers, and other consumer goods packaging products; and flexible packaging solutions for various consumer products, such as food, pet food, hygiene, and health care products. It also provides recycled fiber packaging products, such as egg and fruit packaging. The company was founded in 1920 and is headquartered in Espoo, Finland.

Details
Name: Huhtamäki Oyj
HUH1V
Exchange: HLSE
Founded: 1920
€3,759,178,376
104,334,676
Website: http://www.huhtamaki.com
Address: Huhtamäki Oyj
Revontulenkuja 1,
Espoo,
Uusimaa, 02100,
Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE HUH1V Series I Shares OMX Nordic Exchange Helsinki FI EUR 24. Feb 1984
OTCPK HOYF.F Series I Shares Pink Sheets LLC US USD 24. Feb 1984
DB HUKI Series I Shares Deutsche Boerse AG DE EUR 24. Feb 1984
LSE 0K9W Series I Shares London Stock Exchange GB EUR 24. Feb 1984
BATS-CHIXE HUH1VH Series I Shares BATS 'Chi-X Europe' GB EUR 24. Feb 1984
Number of employees
Current staff
Staff numbers
17,663
Huhtamäki Oyj employees.
Industry
Paper Packaging
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 20:56
End of day share price update: 2019/04/25 00:00
Last estimates confirmation: 2019/04/16
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.