NOT FOR DISTRIBUTION
Header cover image

Market Cap

€2.1b

Last Updated

2021/05/12 19:59 UTC

Data Sources

Company Financials +

Executive Summary

Kemira Oyj operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific. More Details


Snowflake Analysis

6 star dividend payer and undervalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: KEMIRA is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: KEMIRA's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-2.1%

KEMIRA

-1.6%

FI Chemicals

-1.7%

FI Market


1 Year Return

27.6%

KEMIRA

38.3%

FI Chemicals

34.9%

FI Market

Return vs Industry: KEMIRA underperformed the Finnish Chemicals industry which returned 36.8% over the past year.

Return vs Market: KEMIRA underperformed the Finnish Market which returned 32% over the past year.


Shareholder returns

KEMIRAIndustryMarket
7 Day-2.1%-1.6%-1.7%
30 Day-0.3%0.4%2.1%
90 Day-3.9%4.2%2.9%
1 Year33.6%27.6%42.8%38.3%44.1%34.9%
3 Year36.2%21.0%21.8%10.1%31.5%9.7%
5 Year55.5%25.6%70.1%44.7%89.4%49.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

22.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KEMIRA (€13.55) is trading below our estimate of fair value (€17.58)

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


Price To Earnings Ratio

PE vs Industry: KEMIRA is good value based on its PE Ratio (15.6x) compared to the European Chemicals industry average (25.2x).

PE vs Market: KEMIRA is good value based on its PE Ratio (15.6x) compared to the Finnish market (25.4x).


Price to Earnings Growth Ratio

PEG Ratio: KEMIRA is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: KEMIRA is good value based on its PB Ratio (1.8x) compared to the XE Chemicals industry average (2.4x).


Future Growth

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

5.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KEMIRA's forecast earnings growth (5.7% per year) is above the savings rate (0.2%).

Earnings vs Market: KEMIRA's earnings (5.7% per year) are forecast to grow slower than the Finnish market (11.9% per year).

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

Revenue vs Market: KEMIRA's revenue (3.6% per year) is forecast to grow slower than the Finnish market (3.7% per year).

High Growth Revenue: KEMIRA's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KEMIRA's Return on Equity is forecast to be low in 3 years time (11.2%).


Past Performance

How has Kemira Oyj performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KEMIRA has high quality earnings.

Growing Profit Margin: KEMIRA's current net profit margins (5.5%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: KEMIRA's earnings have grown by 12.4% per year over the past 5 years.

Accelerating Growth: KEMIRA's earnings growth over the past year (10.3%) is below its 5-year average (12.4% per year).

Earnings vs Industry: KEMIRA earnings growth over the past year (10.3%) exceeded the Chemicals industry 5.6%.


Return on Equity

High ROE: KEMIRA's Return on Equity (11.9%) is considered low.


Financial Health

How is Kemira Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: KEMIRA's short term assets (€869.8M) exceed its short term liabilities (€715.5M).

Long Term Liabilities: KEMIRA's short term assets (€869.8M) do not cover its long term liabilities (€1.0B).


Debt to Equity History and Analysis

Debt Level: KEMIRA's debt to equity ratio (73.5%) is considered high.

Reducing Debt: KEMIRA's debt to equity ratio has reduced from 74.4% to 73.5% over the past 5 years.

Debt Coverage: KEMIRA's debt is well covered by operating cash flow (39.4%).

Interest Coverage: KEMIRA's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


Dividend

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

4.28%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 13 2021Ex Dividend DateOct 27 2021Dividend Pay DateNov 04 20218 days from Ex DividendBuy in the next 167 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: KEMIRA's dividend (4.28%) is higher than the bottom 25% of dividend payers in the Finnish market (1.75%).

High Dividend: KEMIRA's dividend (4.28%) is in the top 25% of dividend payers in the Finnish market (3.69%)


Stability and Growth of Payments

Stable Dividend: KEMIRA's dividends per share have been stable in the past 10 years.

Growing Dividend: KEMIRA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (67%), KEMIRA's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KEMIRA's dividends in 3 years are forecast to be covered by earnings (60.2% payout ratio).


Next Steps

Management

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

5.9yrs

Average management tenure


CEO

Jari Rosendal (55 yo)

7yrs

Tenure

€1,713,058

Compensation

Mr. Jari Rosendal, M.Sc. (Eng.) serves as Independent Non-Executive Director of Neste Oyj. He served as Director of Neste Oyj since April 5, 2018. He has been the Chief Executive Officer and President of K...


CEO Compensation Analysis

Compensation vs Market: Jari's total compensation ($USD2.08M) is about average for companies of similar size in the Finnish market ($USD1.66M).

Compensation vs Earnings: Jari's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: KEMIRA's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: KEMIRA's board of directors are considered experienced (4.2 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Kemira Oyj
  • Ticker: KEMIRA
  • Exchange: HLSE
  • Founded: 1920
  • Industry: Diversified Chemicals
  • Sector: Materials
  • Market Cap: €2.087b
  • Shares outstanding: 153.13m
  • Website: https://www.kemira.com

Number of Employees


Location

  • Kemira Oyj
  • Energiakatu 4
  • PO Box 330
  • Helsinki
  • Uusimaa
  • 101
  • Finland

Listings


Biography

Kemira Oyj operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates in two segments, Pulp & Paper and Industry & Water. The Pulp ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/12 19:59
End of Day Share Price2021/05/12 00:00
Earnings2021/03/31
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.