Tikkurila Oyj
Market Cap
€1.5b
Last Updated
2021/03/08 19:59 UTC
Data Sources
Company Financials +
Executive Summary
Tikkurila Oyj, a paint company, produces and sells a range of decorative paints for surface protection and decoration to consumers and professionals in Russia, Sweden, Finland, Poland, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Tikkurila Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TIK1V is more volatile than 90% of Finnish stocks over the past 3 months, typically moving +/- 20% a week.
Volatility Over Time: TIK1V's weekly volatility has increased from 11% to 20% over the past year.
Market Performance
7 Day Return
0%
TIK1V
1.7%
FI Chemicals
-1.4%
FI Market
1 Year Return
163.2%
TIK1V
38.0%
FI Chemicals
29.3%
FI Market
Return vs Industry: TIK1V exceeded the Finnish Chemicals industry which returned 26% over the past year.
Return vs Market: TIK1V exceeded the Finnish Market which returned 18.5% over the past year.
Shareholder returns
| TIK1V | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.7% | -1.4% |
| 30 Day | -1.3% | 1.2% | -1.4% |
| 90 Day | 137.0% | 7.2% | 3.1% |
| 1 Year | 173.2%163.2% | 42.4%38.0% | 38.8%29.3% |
| 3 Year | 135.2%108.9% | 21.0%9.3% | 31.2%8.2% |
| 5 Year | 164.4%113.7% | 67.0%41.9% | 72.1%34.0% |
Long-Term Price Volatility Vs. Market
How volatile is Tikkurila Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Reflecting on Tikkurila Oyj's (HEL:TIK1V) Share Price Returns Over The Last Three Years3 months ago | Simply Wall St
Our View On Tikkurila Oyj's (HEL:TIK1V) CEO Pay3 months ago | Simply Wall St
Will Tikkurila Oyj (HEL:TIK1V) Multiply In Value Going Forward?Valuation
Is Tikkurila Oyj undervalued compared to its fair value and its price relative to the market?
34.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TIK1V (€33.8) is trading above our estimate of fair value (€18.99)
Significantly Below Fair Value: TIK1V is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TIK1V is poor value based on its PE Ratio (34.6x) compared to the XE Chemicals industry average (24x).
PE vs Market: TIK1V is poor value based on its PE Ratio (34.6x) compared to the Finnish market (27.7x).
Price to Earnings Growth Ratio
PEG Ratio: TIK1V is poor value based on its PEG Ratio (7.5x)
Price to Book Ratio
PB vs Industry: TIK1V is overvalued based on its PB Ratio (8.2x) compared to the XE Chemicals industry average (2.2x).
Next Steps
Future Growth
How is Tikkurila Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
4.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TIK1V's forecast earnings growth (4.6% per year) is above the savings rate (0.3%).
Earnings vs Market: TIK1V's earnings (4.6% per year) are forecast to grow slower than the Finnish market (19.5% per year).
High Growth Earnings: TIK1V's earnings are forecast to grow, but not significantly.
Revenue vs Market: TIK1V's revenue (1.6% per year) is forecast to grow slower than the Finnish market (3.8% per year).
High Growth Revenue: TIK1V's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TIK1V's Return on Equity is forecast to be high in 3 years time (22.1%)
Next Steps
Past Performance
How has Tikkurila Oyj performed over the past 5 years?
-0.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIK1V has high quality earnings.
Growing Profit Margin: TIK1V's current net profit margins (7.4%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: TIK1V's earnings have declined by 0.9% per year over the past 5 years.
Accelerating Growth: TIK1V's earnings growth over the past year (29.7%) exceeds its 5-year average (-0.9% per year).
Earnings vs Industry: TIK1V earnings growth over the past year (29.7%) exceeded the Chemicals industry -9.9%.
Return on Equity
High ROE: TIK1V's Return on Equity (23.8%) is considered high.
Next Steps
Financial Health
How is Tikkurila Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: TIK1V's short term assets (€264.6M) exceed its short term liabilities (€154.7M).
Long Term Liabilities: TIK1V's short term assets (€264.6M) exceed its long term liabilities (€105.6M).
Debt to Equity History and Analysis
Debt Level: TIK1V's debt to equity ratio (47.8%) is considered high.
Reducing Debt: TIK1V's debt to equity ratio has increased from 32% to 47.8% over the past 5 years.
Debt Coverage: TIK1V's debt is well covered by operating cash flow (112.5%).
Interest Coverage: TIK1V's interest payments on its debt are well covered by EBIT (44.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Tikkurila Oyj current dividend yield, its reliability and sustainability?
1.60%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TIK1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TIK1V's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TIK1V's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TIK1V's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TIK1V is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TIK1V's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Elisa Markula (54 yo)
2.92yrs
Tenure
€777,000
Compensation
Ms. Elisa Markula has serves as President and Chief Executive Officer at Tikkurila Oyj since April 12, 2018. She serves as Senior Vice President and Managing Director of Coffee at Paulig Oy since 2010. Ms....
CEO Compensation Analysis
Compensation vs Market: Elisa's total compensation ($USD921.60K) is about average for companies of similar size in the Finnish market ($USD935.14K).
Compensation vs Earnings: Elisa's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.92yrs | €777.00k | 0.015% € 229.9k | |
| CFO & Controller | 1.92yrs | no data | 0.0050% € 74.4k | |
| Senior Vice President of Operations | 2.75yrs | no data | 0.0027% € 40.5k | |
| Director of IR & Communications | 1.83yrs | no data | no data | |
| General Counsel | no data | no data | no data | |
| Senior Vice President of Human Resources | 3.83yrs | no data | 0.0086% € 128.5k | |
| Head of Business Unit - Poland | 7.08yrs | no data | no data | |
| Senior Vice President of Offering | 3.83yrs | no data | 0.0091% € 135.2k | |
| Senior Vice President of Transformation & ICT | 2.17yrs | no data | 0.0020% € 30.4k | |
| Senior Vice President of Sales West Division | 1.17yrs | no data | 0.0023% € 34.4k | |
| Senior Vice President of Sales for East Division | 0.50yr | no data | no data |
2.5yrs
Average Tenure
47yo
Average Age
Experienced Management: TIK1V's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.92yrs | €51.00k | 0.0069% € 102.3k | |
| Independent Vice Chairman of the Board | 11.17yrs | €48.00k | 0.028% € 410.3k | |
| Chairman of the Board | 11.17yrs | €72.00k | 0.19% € 2.8m | |
| Independent Director | 1.92yrs | €40.00k | 0.0039% € 58.7k | |
| Independent Director | 10yrs | €51.00k | 0.018% € 265.4k | |
| Independent Director | 2.92yrs | €39.00k | 0.0059% € 87.7k | |
| Independent Director | 0.75yr | no data | 0.0020% € 30.3k |
2.9yrs
Average Tenure
58yo
Average Age
Experienced Board: TIK1V's board of directors are not considered experienced ( 2.9 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
Tikkurila Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tikkurila Oyj
- Ticker: TIK1V
- Exchange: HLSE
- Founded: 1862
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: €1.491b
- Shares outstanding: 44.11m
- Website: https://www.tikkurilagroup.com
Number of Employees
Location
- Tikkurila Oyj
- Heidehofintie 2
- PO Box 53
- Vantaa
- Uusimaa
- 1300
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 0MFI | LSE (London Stock Exchange) | Yes | Registered Shares | GB | EUR | Mar 2010 |
| TIK1V | HLSE (OMX Nordic Exchange Helsinki) | Yes | Registered Shares | FI | EUR | Mar 2010 |
| 7TO | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Mar 2010 |
| TIK1VH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Registered Shares | GB | EUR | Mar 2010 |
Biography
Tikkurila Oyj, a paint company, produces and sells a range of decorative paints for surface protection and decoration to consumers and professionals in Russia, Sweden, Finland, Poland, and internationally....
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 19:59 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.