HLSE:OUT1V

Stock Analysis Report

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Executive Summary

Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. More Details


Snowflake Analysis

Reasonable growth potential and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: OUT1V's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.6%

OUT1V

-5.7%

FI Metals and Mining

-3.1%

FI Market


1 Year Return

-14.0%

OUT1V

3.9%

FI Metals and Mining

2.3%

FI Market

Return vs Industry: OUT1V underperformed the Finnish Metals and Mining industry which returned 3.7% over the past year.

Return vs Market: OUT1V underperformed the Finnish Market which returned 2.5% over the past year.


Shareholder returns

OUT1VIndustryMarket
7 Day-4.6%-5.7%-3.1%
30 Day-7.4%-2.6%-1.8%
90 Day-18.2%5.9%7.4%
1 Year-14.0%-14.0%8.9%3.9%11.3%2.3%
3 Year-74.4%-76.5%11.8%-3.6%19.7%-1.2%
5 Year-8.1%-16.6%117.7%72.6%62.2%27.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Outokumpu 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: OUT1V (€2.08) is trading below our estimate of fair value (€4.21)

Significantly Below Fair Value: OUT1V is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OUT1V is unprofitable, so we can't compare its PE Ratio to the XE Metals and Mining industry average.

PE vs Market: OUT1V is unprofitable, so we can't compare its PE Ratio to the Finnish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OUT1V's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OUT1V is good value based on its PB Ratio (0.3x) compared to the XE Metals and Mining industry average (1.2x).


Next Steps

Future Growth

How is Outokumpu Oyj forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

92.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OUT1V is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

Earnings vs Market: OUT1V is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: OUT1V's is expected to become profitable in the next 3 years.

Revenue vs Market: OUT1V's revenue (5.6% per year) is forecast to grow faster than the Finnish market (4.5% per year).

High Growth Revenue: OUT1V's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OUT1V's Return on Equity is forecast to be low in 3 years time (3.8%).


Next Steps

Past Performance

How has Outokumpu Oyj performed over the past 5 years?

-3.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OUT1V is currently unprofitable.

Growing Profit Margin: OUT1V is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OUT1V is unprofitable, and losses have increased over the past 5 years at a rate of 3.6% per year.

Accelerating Growth: Unable to compare OUT1V's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OUT1V is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-18.3%).


Return on Equity

High ROE: OUT1V has a negative Return on Equity (-2.26%), as it is currently unprofitable.


Next Steps

Financial Health

How is Outokumpu Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: OUT1V's short term assets (€2.2B) exceed its short term liabilities (€1.7B).

Long Term Liabilities: OUT1V's short term assets (€2.2B) exceed its long term liabilities (€1.7B).


Debt to Equity History and Analysis

Debt Level: OUT1V's debt to equity ratio (56.8%) is considered high.

Reducing Debt: OUT1V's debt to equity ratio has reduced from 95.2% to 56.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if OUT1V has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if OUT1V has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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

4.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OUT1V's dividend (4.81%) is higher than the bottom 25% of dividend payers in the Finnish market (2.05%).

High Dividend: OUT1V's dividend (4.81%) is low compared to the top 25% of dividend payers in the Finnish market (4.82%).


Stability and Growth of Payments

Stable Dividend: OUT1V's dividend payments have been volatile in the past 10 years.

Growing Dividend: OUT1V's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: OUT1V is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: OUT1V's dividends in 3 years are forecast to be well covered by earnings (27.9% payout ratio).


Next Steps

Management

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

4.7yrs

Average management tenure


CEO

Heikki Malinen (58 yo)

0.33

Tenure

€76,600

Compensation

Mr. Heikki Malinen, M.Sc (Econ.), MBA (Harvard), has been President and Chief Executive Officer of Outokumpu Oyj since May 15, 2020. Mr. Malinen had been Vice Chairman of Outokumpu Oyj since March 27, 2019 ...


Leadership Team

NamePositionTenureCompensationOwnership
Heikki Malinen
President & CEO0.33yr€76.60k0.011%
€ 94.5k
Pia Aaltonen-Forsell
Chief Financial Officer1.5yrsno datano data
Marja Mäkinen
Head of Investor Relationsno datano datano data
Reeta Kaukiainen
Executive Vice President of Communications & Investor Relations3.5yrsno datano data
Johann Steiner
Executive Vice President of Human Resources & Organizational Development4.67yrsno data0.035%
€ 298.2k
Juha Ylimaunu
Head of Sustainability & Environment and Senior Vice President of Environment & Qualityno datano datano data
Matti Suurnäkki
Head of Ferrochrome Production and Senior Vice President of Ferrochromeno datano datano data
Jan Hofmann
Executive Vice President of Business Transformation & IT5.42yrsno data0.032%
€ 274.9k
Jose Salas
Head of Mexinox5.25yrsno datano data
Liam Bates
President of Long Products4.67yrsno data0.032%
€ 270.8k
Olli-Matti Saksi
President of Business Area Americas4.67yrsno data0.069%
€ 594.0k
Maciej Gwozdz
President of Business Area Europe4.67yrsno data0.046%
€ 393.4k

4.7yrs

Average Tenure

51yo

Average Age

Experienced Management: OUT1V's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kari Alpo Jordan
Independent Chairman of the Board2.5yrs€164.20k0.030%
€ 254.5k
Pierre Vareille
Independent Director2.5yrs€77.20k0.0083%
€ 71.1k
Vesa-Pekka Takala
Independent Director1.5yrsno data0.0022%
€ 19.2k
Eeva Sipilä
Independent Vice Chairman of the Board0.33yr€75.40k0.0060%
€ 51.6k
Kati Horst
Independent Director4.42yrs€76.60k0.0057%
€ 48.6k
Julia Woodhouse
Independent Director1.5yrsno data0.0022%
€ 19.2k

2.0yrs

Average Tenure

58yo

Average Age

Experienced Board: OUT1V's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Outokumpu Oyj
  • Ticker: OUT1V
  • Exchange: HLSE
  • Founded: 1910
  • Industry: Steel
  • Sector: Materials
  • Market Cap: €855.770m
  • Shares outstanding: 411.82m
  • Website: https://www.outokumpu.com

Number of Employees


Location

  • Outokumpu Oyj
  • Salmisaarenranta 11
  • Helsinki
  • Uusimaa
  • 180
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OUT1VHLSE (OMX Nordic Exchange Helsinki)YesOrdinary SharesFIEURJan 1994
OUTF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1994
0FJ8LSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1994
OUTADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1994
OUT1VHBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1994
OUTK.YOTCPK (Pink Sheets LLC)ADR NEWUSUSDOct 2008

Biography

Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. It offers cold rolled coils, strips, and sheets ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 02:55
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.