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ROVI

Rovio Entertainment Oyj HLSE:ROVIO Stock Report

Last Price

€8.39

Market Cap

€626.7m

7D

-0.8%

1Y

24.8%

Updated

20 May, 2022

Data

Company Financials +
ROVIO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends2/6

ROVIO Stock Overview

Rovio Entertainment Oyj, a games-first entertainment company, creates, develops, and publishes mobile games in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Rovio Entertainment Oyj Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rovio Entertainment Oyj
Historical stock prices
Current Share Price€8.39
52 Week High€9.68
52 Week Low€5.69
Beta0.80
1 Month Change17.42%
3 Month Change10.69%
1 Year Change24.76%
3 Year Change16.45%
5 Year Changen/a
Change since IPO-27.04%

Recent News & Updates

Apr 08
Rovio Entertainment Oyj (HEL:ROVIO) Has Re-Affirmed Its Dividend Of €0.12

Rovio Entertainment Oyj (HEL:ROVIO) Has Re-Affirmed Its Dividend Of €0.12

Rovio Entertainment Oyj ( HEL:ROVIO ) has announced that it will pay a dividend of €0.12 per share on the 20th of...

Shareholder Returns

ROVIOFI EntertainmentFI Market
7D-0.8%2.2%-0.2%
1Y24.8%-21.3%-13.4%

Return vs Industry: ROVIO exceeded the Finnish Entertainment industry which returned -22% over the past year.

Return vs Market: ROVIO exceeded the Finnish Market which returned -13.7% over the past year.

Price Volatility

Is ROVIO's price volatile compared to industry and market?
ROVIO volatility
ROVIO Average Weekly Movement8.0%
Entertainment Industry Average Movement7.4%
Market Average Movement6.1%
10% most volatile stocks in FI Market8.9%
10% least volatile stocks in FI Market4.4%

Stable Share Price: ROVIO is more volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ROVIO's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Finnish stocks.

About the Company

FoundedEmployeesCEOWebsite
2003495Alex Pelletier-Normandhttps://www.rovio.com

Rovio Entertainment Oyj, a games-first entertainment company, creates, develops, and publishes mobile games in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Games, Brand Licensing, and Other segments. The company offers various mobile games through mobile application stores; produces movies; and licenses various consumer and entertainment products.

Rovio Entertainment Oyj Fundamentals Summary

How do Rovio Entertainment Oyj's earnings and revenue compare to its market cap?
ROVIO fundamental statistics
Market Cap€626.68m
Earnings (TTM)€28.24m
Revenue (TTM)€304.12m

22.2x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ROVIO income statement (TTM)
Revenue€304.12m
Cost of Revenue€77.16m
Gross Profit€226.96m
Other Expenses€198.72m
Earnings€28.24m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 11, 2022

Earnings per share (EPS)0.38
Gross Margin74.63%
Net Profit Margin9.29%
Debt/Equity Ratio0.4%

How did ROVIO perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

32%

Payout Ratio

Valuation

Is Rovio Entertainment Oyj undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


29.0%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ROVIO (€8.39) is trading below our estimate of fair value (€11.82)

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


Price To Earnings Ratio

PE vs Industry: ROVIO is poor value based on its PE Ratio (22.2x) compared to the European Entertainment industry average (18.4x).

PE vs Market: ROVIO is poor value based on its PE Ratio (22.2x) compared to the Finnish market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: ROVIO is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: ROVIO is overvalued based on its PB Ratio (3.1x) compared to the XE Entertainment industry average (2.8x).


Future Growth

How is Rovio Entertainment Oyj forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ROVIO's forecast earnings growth (13.2% per year) is above the savings rate (0.2%).

Earnings vs Market: ROVIO's earnings (13.2% per year) are forecast to grow faster than the Finnish market (8.7% per year).

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

Revenue vs Market: ROVIO's revenue (4.5% per year) is forecast to grow faster than the Finnish market (2.9% per year).

High Growth Revenue: ROVIO's revenue (4.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ROVIO's Return on Equity is forecast to be low in 3 years time (16.8%).


Past Performance

How has Rovio Entertainment Oyj performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ROVIO has high quality earnings.

Growing Profit Margin: ROVIO's current net profit margins (9.3%) are lower than last year (11.2%).


Past Earnings Growth Analysis

Earnings Trend: ROVIO's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: ROVIO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ROVIO had negative earnings growth (-7.8%) over the past year, making it difficult to compare to the Entertainment industry average (11.1%).


Return on Equity

High ROE: ROVIO's Return on Equity (13.8%) is considered low.


Financial Health

How is Rovio Entertainment Oyj's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ROVIO's short term assets (€208.7M) exceed its short term liabilities (€73.4M).

Long Term Liabilities: ROVIO's short term assets (€208.7M) exceed its long term liabilities (€21.5M).


Debt to Equity History and Analysis

Debt Level: ROVIO has more cash than its total debt.

Reducing Debt: ROVIO's debt to equity ratio has reduced from 21.7% to 0.4% over the past 5 years.

Debt Coverage: ROVIO's debt is well covered by operating cash flow (6921.6%).

Interest Coverage: ROVIO's interest payments on its debt are well covered by EBIT (45.9x coverage).


Balance Sheet


Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.43%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ROVIO's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (2.37%).

High Dividend: ROVIO's dividend (1.43%) is low compared to the top 25% of dividend payers in the Finnish market (4.79%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ROVIO has been paying a dividend for less than 10 years.

Growing Dividend: ROVIO's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.6%), ROVIO's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.9%), ROVIO's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

3.5yrs

Average management tenure


CEO

Alex Pelletier-Normand (41 yo)

1.33yrs

Tenure

€900,050

Compensation

Mr. Alexandre Pelletier-Normand, also known as Alex, serves as the Chief Executive Officer at Rovio Entertainment Oyj since January 01, 2021. He served as an Executive Vice President of Games at Rovio Ente...


CEO Compensation Analysis

Compensation vs Market: Alex's total compensation ($USD949.52K) is above average for companies of similar size in the Finnish market ($USD698.70K).

Compensation vs Earnings: Insufficient data to compare Alex's compensation with company performance.


Leadership Team

Experienced Management: ROVIO's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: ROVIO's board of directors are not considered experienced ( 2.2 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

Rovio Entertainment Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: Rovio Entertainment Oyj
  • Ticker: ROVIO
  • Exchange: HLSE
  • Founded: 2003
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Implied Market Cap: €626.678m
  • Shares outstanding: 74.69m
  • Website: https://www.rovio.com

Number of Employees


Location

  • Rovio Entertainment Oyj
  • Keilaranta 7
  • Espoo
  • Uusimaa
  • 2150
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/20 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.