Tikkurila Oyj, a paint company, produces and sells a range of decorative paints for surface protection and decoration to consumers and professionals in Sweden, Russia, Finland, Poland, the Baltic countries, and internationally.
Proven track record with adequate balance sheet.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TIK1V underperformed the Finnish Chemicals industry which returned 10.6% over the past year.
Return vs Market: TIK1V exceeded the Finnish Market which returned 1.5% over the past year.
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
4 months ago | Simply Wall StIs It Worth Considering Tikkurila Oyj (HEL:TIK1V) For Its Upcoming Dividend?
4 months ago | Simply Wall StHow Does Tikkurila Oyj's (HEL:TIK1V) P/E Compare To Its Industry, After The Share Price Drop?
5 months ago | Simply Wall StTikkurila Oyj Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
Is Tikkurila Oyj undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TIK1V (€13.92) is trading below our estimate of fair value (€14.62)
Significantly Below Fair Value: TIK1V is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TIK1V is good value based on its PE Ratio (15.1x) compared to the XE Chemicals industry average (20.1x).
PE vs Market: TIK1V is good value based on its PE Ratio (15.1x) compared to the Finnish market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: TIK1V is poor value based on its PEG Ratio (4.3x)
Price to Book Ratio
PB vs Industry: TIK1V is overvalued based on its PB Ratio (3.5x) compared to the XE Chemicals industry average (1.7x).
How is Tikkurila Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TIK1V's forecast earnings growth (3.5% per year) is above the savings rate (0.4%).
Earnings vs Market: TIK1V's earnings (3.5% per year) are forecast to grow slower than the Finnish market (13.9% per year).
High Growth Earnings: TIK1V's earnings are forecast to grow, but not significantly.
Revenue vs Market: TIK1V's revenue (1.7% per year) is forecast to grow slower than the Finnish market (5.1% per year).
High Growth Revenue: TIK1V's revenue (1.7% 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 (22.6%)
How has Tikkurila Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIK1V has high quality earnings.
Growing Profit Margin: TIK1V's current net profit margins (7.1%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: TIK1V's earnings have declined by 15.1% per year over the past 5 years.
Accelerating Growth: TIK1V's earnings growth over the past year (63.3%) exceeds its 5-year average (-15.1% per year).
Earnings vs Industry: TIK1V earnings growth over the past year (63.3%) exceeded the Chemicals industry -7.6%.
Return on Equity
High ROE: Whilst TIK1V's Return on Equity (23.33%) is high, this metric is skewed due to their high level of debt.
How is Tikkurila Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: TIK1V's short term assets (€375.2M) exceed its short term liabilities (€282.4M).
Long Term Liabilities: TIK1V's short term assets (€375.2M) exceed its long term liabilities (€105.6M).
Debt to Equity History and Analysis
Debt Level: TIK1V's debt to equity ratio (102.2%) is considered high.
Reducing Debt: TIK1V's debt to equity ratio has increased from 63.1% to 102.2% over the past 5 years.
Debt Coverage: TIK1V's debt is well covered by operating cash flow (47.7%).
Interest Coverage: TIK1V's interest payments on its debt are well covered by EBIT (42.7x coverage).
What is Tikkurila Oyj current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TIK1V's dividend (3.59%) is higher than the bottom 25% of dividend payers in the Finnish market (2.28%).
High Dividend: TIK1V's dividend (3.59%) is low compared to the top 25% of dividend payers in the Finnish market (4.89%).
Stability and Growth of Payments
Stable Dividend: TIK1V's dividend payments have been volatile in the past 10 years.
Growing Dividend: TIK1V's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.4%), TIK1V's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TIK1V's dividends in 3 years are forecast to be covered by earnings (72.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Elisa Markkula (54 yo)
Ms. Elisa Markkula 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 ($USD914.01K) is above average for companies of similar size in the Finnish market ($USD550.18K).
Compensation vs Earnings: Elisa's compensation has increased by more than 20% in the past year.
|President & CEO||2.33yrs||€777.00k||no data|
|CFO & Controller||1.33yrs||no data||no data|
|Senior Vice President of Operations||2.17yrs||no data||no data|
|Director of IR & Communications||1.25yrs||no data||no data|
|General Counsel||no data||no data||no data|
|Senior Vice President of Sales||1.08yrs||no data||no data|
|Senior Vice President of Human Resources||3.25yrs||no data||0.0045% |
|Head of Business Unit - Poland||6.5yrs||no data||no data|
|Senior Vice President of Offering||3.25yrs||no data||0.0045% |
|Senior Vice President of Transformation & ICT||1.58yrs||no data||no data|
Experienced Management: TIK1V's management team is considered experienced (2.2 years average tenure).
|Independent Director||2.33yrs||€51.00k||0.0043% |
|Independent Vice Chairman of the Board||10.58yrs||€48.00k||0.025% |
|Chairman of the Board||10.58yrs||€72.00k||0.19% |
|Independent Director||1.33yrs||€40.00k||0.0019% |
|Independent Director||9.42yrs||€51.00k||0.016% |
|Independent Director||2.33yrs||€39.00k||0.0039% |
|Independent Director||0.17yr||no data||no data|
Experienced Board: TIK1V's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tikkurila Oyj's company bio, employee growth, exchange listings and data sources
- Name: Tikkurila Oyj
- Ticker: TIK1V
- Exchange: HLSE
- Founded: 1862
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: €608.661m
- Shares outstanding: 44.11m
- Website: https://www.tikkurilagroup.com
Number of Employees
- Tikkurila Oyj
- Heidehofintie 2
- PO Box 53
|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|
Tikkurila Oyj, a paint company, produces and sells a range of decorative paints for surface protection and decoration to consumers and professionals in Sweden, Russia, Finland, Poland, the Baltic countries ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/10 21:28|
|End of Day Share Price||2020/08/10 00:00|
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.