Kemira Oyj
Market Cap
€1.3b
Last Updated
2020/03/27 20:37 UTC
Data Sources
Company Financials +
Executive Summary
Kemira Oyj operates as a chemicals company in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.
Rewards
Risk Analysis
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-0.6%
KEMIRA
1.7%
FI Chemicals
5.4%
FI Market
1 Year Return
-21.5%
KEMIRA
-16.4%
FI Chemicals
-19.3%
FI Market
Return vs Industry: KEMIRA underperformed the Finnish Chemicals industry which returned -13.9% over the past year.
Return vs Market: KEMIRA underperformed the Finnish Market which returned -16.3% over the past year.
Shareholder returns
| KEMIRA | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 1.7% | 5.4% |
| 30 Day | -29.7% | -19.3% | -23.2% |
| 90 Day | -35.8% | -23.6% | -23.1% |
| 1 Year | -18.8%-21.5% | -13.8%-16.4% | -15.3%-19.3% |
| 3 Year | -14.3%-24.8% | -12.9%-20.7% | -3.8%-15.8% |
| 5 Year | -7.0%-25.7% | -3.5%-17.6% | 4.8%-15.4% |
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
5 days ago | Simply Wall St
Should Income Investors Look At Kemira Oyj (HEL:KEMIRA) Before Its Ex-Dividend?2 weeks ago | Simply Wall St
What Is Kemira Oyj's (HEL:KEMIRA) P/E Ratio After Its Share Price Tanked?2 weeks ago | Simply Wall St
Need To Know: Kemira Oyj (HEL:KEMIRA) Insiders Have Been Buying SharesValuation
Is Kemira Oyj undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KEMIRA (€8.66) is trading below our estimate of fair value (€19.36)
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 (12x) compared to the Chemicals industry average (12.7x).
PE vs Market: KEMIRA is good value based on its PE Ratio (12x) compared to the Finnish market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: KEMIRA is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: KEMIRA is good value based on its PB Ratio (1.1x) compared to the XE Chemicals industry average (1.1x).
Next Steps
Future Growth
How is Kemira Oyj forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
6.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KEMIRA's forecast earnings growth (6.5% per year) is above the savings rate (-0.1%).
Earnings vs Market: KEMIRA's earnings (6.5% per year) are forecast to grow slower than the Finnish market (8.8% per year).
High Growth Earnings: KEMIRA's earnings are forecast to grow, but not significantly.
Revenue vs Market: KEMIRA's revenue (1.3% per year) is forecast to grow faster than the Finnish market (0.3% per year).
High Growth Revenue: KEMIRA's revenue (1.3% 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%).
Next Steps
Past Performance
How has Kemira Oyj performed over the past 5 years?
6.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KEMIRA has high quality earnings.
Growing Profit Margin: KEMIRA's current net profit margins (4.1%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: KEMIRA's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: KEMIRA's earnings growth over the past year (23.7%) exceeds its 5-year average (6.4% per year).
Earnings vs Industry: KEMIRA earnings growth over the past year (23.7%) exceeded the Chemicals industry 5.8%.
Return on Equity
High ROE: KEMIRA's Return on Equity (9.5%) is considered low.
Next Steps
Financial Health
How is Kemira Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: KEMIRA's short term assets (€800.9M) exceed its short term liabilities (€723.6M).
Long Term Liabilities: KEMIRA's short term assets (€800.9M) do not cover its long term liabilities (€936.4M).
Debt to Equity History and Analysis
Debt Level: KEMIRA's debt to equity ratio (66.6%) is considered high.
Reducing Debt: KEMIRA's debt to equity ratio has increased from 51.9% to 66.6% over the past 5 years.
Debt Coverage: KEMIRA's debt is well covered by operating cash flow (47.1%).
Interest Coverage: KEMIRA's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
Inventory Level: KEMIRA has a high level of physical assets or inventory.
Debt Coverage by Assets: KEMIRA's debt is not covered by short term assets (assets are 1x debt).
Next Steps
Dividend
What is Kemira Oyj's current dividend yield, its reliability and sustainability?
6.47%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: KEMIRA's dividend (6.47%) is higher than the bottom 25% of dividend payers in the Finnish market (3.07%).
High Dividend: KEMIRA's dividend (6.47%) is in the top 25% of dividend payers in the Finnish market (6.45%)
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: At its current payout ratio (77.6%), KEMIRA's 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 (63.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Jari Rosendal (54yo)
5.83s
Tenure
€1,109,879
Compensation
Mr. Jari Rosendal, M.Sc. (Eng.) serves as Independent 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 Kemira Oyj sinc ...
CEO Compensation Analysis
Compensation vs Market: Jari's total compensation ($USD1.23M) is about average for companies of similar size in the Finnish market ($USD1.70M).
Compensation vs Earnings: Jari's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board | 5.83yrs | €1.11m | 0.065% €855.5k | |
| Deputy CEO | no data | €314.05k | 0.049% €652.9k | |
| CFO & Member of Management Board | 6.5yrs | no data | 0.018% €243.1k | |
| Executive VP of Human Resources & Member of Management Board | 11.75yrs | no data | 0.029% €382.2k | |
| President of Industry & Water and Member of Management Board | 2.75yrs | no data | 0.015% €199.1k | |
| Executive VP of Operational Excellence & Member of Management Board | 4.83yrs | no data | 0.011% €152.1k | |
| President of Pulp & Paper and Member of Management Board | 4.33yrs | no data | 0.012% €159.1k | |
| CTO & Member of the Management Board | 2.17yrs | no data | 0.0038% €50.0k | |
| Vice President of Investor Relations | 0.25yr | no data | no data | |
| Senior Vice President of Communications & Corporate Responsibility | 4.58yrs | no data | no data |
4.6yrs
Average Tenure
56yo
Average Age
Experienced Management: KEMIRA's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 6yrs | €102.20k | 0.15% €2.0m | |
| Independent Vice Chairman | 6yrs | €62.80k | 0.010% €137.5k | |
| Independent Director | 6yrs | €65.20k | 0.0062% €81.7k | |
| Independent Director | 6yrs | €54.80k | 0.071% €934.9k | |
| Independent Director | 3yrs | €65.60k | 0.0027% €36.3k | |
| Independent Director | 4yrs | €51.80k | 0.0037% €49.1k |
6.0yrs
Average Tenure
59.5yo
Average Age
Experienced Board: KEMIRA's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KEMIRA 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: €1.323b
- Shares outstanding: 152.92m
- Website: https://www.kemira.com
Number of Employees
Location
- Kemira Oyj
- Energiakatu 4
- PO Box 330
- Helsinki
- Uusimaa
- 101
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KEMIRA | HLSE (OMX Nordic Exchange Helsinki) | Yes | Registered Shares | FI | EUR | Nov 1994 |
| KEM | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Nov 1994 |
| 0MGG | LSE (London Stock Exchange) | Yes | Registered Shares | GB | EUR | Nov 1994 |
| KOYJ.F | OTCPK (Pink Sheets LLC) | Yes | Registered Shares | US | USD | Nov 1994 |
| KEMIRH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Registered Shares | GB | EUR | Nov 1994 |
Biography
Kemira Oyj operates as a chemicals company in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates in two segments, Pulp & Paper and Industry & Water. The Pulp & Paper segment develops and commercializes pulp, paper, and packaging chemicals, as well as a range of products for paper wet-end, including packaging and board, and tissue products. The Industry & Water segment offers coagulants, polyacrylamide polymers, and other water treatment chemicals for raw water, waste water and sludge treatment, and shale and conventional oil recovery applications. The company was founded in 1920 and is headquartered in Helsinki, Finland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/27 20:37 |
| 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.