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ALMA

Alma Media OyjHLSE:ALMA Stock Report

Market Cap

€989.5m

7D

3.3%

1Y

49.6%

Updated

25 Oct, 2021

Data

Company Financials +
ALMA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health3/6
Dividends3/6

ALMA Overview

Alma Media Oyj operates as a media company in Finland and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Alma Media Oyj
Historical stock prices
Current Share Price€11.76
52 Week High€7.42
52 Week Low€12.70
Beta1.1
1 Month Change9.29%
3 Month Change2.62%
1 Year Change49.62%
3 Year Change83.75%
5 Year Change124.00%
Change since IPO96.00%

Recent News & Updates

Oct 17
An Intrinsic Calculation For Alma Media Oyj (HEL:ALMA) Suggests It's 32% Undervalued

An Intrinsic Calculation For Alma Media Oyj (HEL:ALMA) Suggests It's 32% Undervalued

Today we will run through one way of estimating the intrinsic value of Alma Media Oyj ( HEL:ALMA ) by projecting its...

Sep 01
We Think Alma Media Oyj (HEL:ALMA) Can Stay On Top Of Its Debt

We Think Alma Media Oyj (HEL:ALMA) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Aug 16
Is Alma Media Oyj (HEL:ALMA) Potentially Undervalued?

Is Alma Media Oyj (HEL:ALMA) Potentially Undervalued?

While Alma Media Oyj ( HEL:ALMA ) might not be the most widely known stock at the moment, it received a lot of...

Shareholder Returns

ALMAFI MediaFI Market
7D3.3%2.7%0.9%
1Y49.6%28.8%20.8%

Return vs Industry: ALMA exceeded the Finnish Media industry which returned 28.8% over the past year.

Return vs Market: ALMA exceeded the Finnish Market which returned 20.8% over the past year.

Price Volatility

Is ALMA's price volatile compared to industry and market?
ALMA volatility
ALMA Beta1.1
Industry Beta0.58
Market Beta1

Stable Share Price: ALMA is more volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ALMA's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Finnish stocks.

About the Company

FoundedEmployeesCEOWebsite
20051,874Kai Telannehttps://www.almamedia.fi

Alma Media Oyj operates as a media company in Finland and internationally. It operates through Alma Career, Alma Talent, and Alma Consumer segments. The Alma Career segment offers recruitment services through the Monster.fi, Jobs.cz, Prace.cz, CV Online, Profesia.sk, Monster.cz, Tunto, MojPosao.ba, and MojPosao.net.

Alma Media Oyj Fundamentals Summary

How do Alma Media Oyj's earnings and revenue compare to its market cap?
ALMA fundamental statistics
Market Cap€989.48m
Earnings (TTM)€38.20m
Revenue (TTM)€259.30m

25.3x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALMA income statement (TTM)
Revenue€259.30m
Cost of Revenue€137.40m
Gross Profit€121.90m
Expenses€83.70m
Earnings€38.20m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 16, 2022

Earnings per share (EPS)0.46
Gross Margin47.01%
Net Profit Margin14.73%
Debt/Equity Ratio129.4%

How did ALMA perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

65%

Payout Ratio

Valuation

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

33.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALMA (€12.02) is trading below our estimate of fair value (€17.58)

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


Price To Earnings Ratio

PE vs Industry: ALMA is poor value based on its PE Ratio (25.9x) compared to the Finnish Media industry average (10.4x).

PE vs Market: ALMA is poor value based on its PE Ratio (25.9x) compared to the Finnish market (25.2x).


Price to Earnings Growth Ratio

PEG Ratio: ALMA is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: ALMA is overvalued based on its PB Ratio (6.5x) compared to the FI Media industry average (2.3x).


Future Growth

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

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALMA's forecast earnings growth (11.4% per year) is above the savings rate (0.2%).

Earnings vs Market: ALMA's earnings (11.4% per year) are forecast to grow faster than the Finnish market (6.9% per year).

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

Revenue vs Market: ALMA's revenue (4.6% per year) is forecast to grow faster than the Finnish market (3.8% per year).

High Growth Revenue: ALMA's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALMA's Return on Equity is forecast to be high in 3 years time (25.1%)


Past Performance

How has Alma Media Oyj performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALMA has high quality earnings.

Growing Profit Margin: ALMA's current net profit margins (14.7%) are higher than last year (12.8%).


Past Earnings Growth Analysis

Earnings Trend: ALMA's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: ALMA's earnings growth over the past year (27.8%) exceeds its 5-year average (6.5% per year).

Earnings vs Industry: ALMA earnings growth over the past year (27.8%) underperformed the Media industry 43.3%.


Return on Equity

High ROE: Whilst ALMA's Return on Equity (25.74%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Alma Media Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: ALMA's short term assets (€64.1M) do not cover its short term liabilities (€278.8M).

Long Term Liabilities: ALMA's short term assets (€64.1M) exceed its long term liabilities (€63.4M).


Debt to Equity History and Analysis

Debt Level: ALMA's debt to equity ratio (129.4%) is considered high.

Reducing Debt: ALMA's debt to equity ratio has increased from 21.5% to 129.4% over the past 5 years.

Debt Coverage: ALMA's debt is well covered by operating cash flow (32.8%).

Interest Coverage: ALMA's interest payments on its debt are well covered by EBIT (27.9x coverage).


Balance Sheet


Dividend

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

2.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALMA's dividend (2.5%) is higher than the bottom 25% of dividend payers in the Finnish market (1.62%).

High Dividend: ALMA's dividend (2.5%) is low compared to the top 25% of dividend payers in the Finnish market (3.59%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (64.6%), ALMA's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ALMA's dividends in 3 years are forecast to be covered by earnings (52.5% payout ratio).


Next Steps

Management

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

8.9yrs

Average management tenure


CEO

Kai Telanne (57 yo)

16.5yrs

Tenure

€1,866,900

Compensation

Mr. Kai Telanne, M.Sc. (Econ.), has been the Chief Executive Officer and President at Alma Media Oyj since April 1, 2005. Mr. Telanne serves as Chairman of the Group Executive Committee of Alma Media Oyj....


CEO Compensation Analysis

Compensation vs Market: Kai's total compensation ($USD2.17M) is above average for companies of similar size in the Finnish market ($USD754.04K).

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


Leadership Team

Experienced Management: ALMA's management team is seasoned and experienced (8.9 years average tenure).


Board Members

Experienced Board: ALMA's board of directors are considered experienced (3.6 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Alma Media Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: Alma Media Oyj
  • Ticker: ALMA
  • Exchange: HLSE
  • Founded: 2005
  • Industry: Publishing
  • Sector: Media
  • Market Cap: €989.484m
  • Shares outstanding: 82.32m
  • Website: https://www.almamedia.fi

Number of Employees


Location

  • Alma Media Oyj
  • Alma House
  • Alvar Aallon Katu 3 C
  • Helsinki
  • Uusimaa
  • 100
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 17:45
End of Day Share Price2021/10/25 00:00
Earnings2021/09/30
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.