HLSE:KAMUX

Stock Analysis Report

Executive Summary

Kamux Oyj engages in the retail and wholesale of used cars.

Snowflake

Fundamentals

Solid track record with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

2.1%

KAMUX

4.3%

FI Specialty Retail

2.8%

FI Market


1 Year Return

-10.5%

KAMUX

13.1%

FI Specialty Retail

2.7%

FI Market

Return vs Industry: KAMUX underperformed the Finnish Specialty Retail industry which returned 13.1% over the past year.

Return vs Market: KAMUX underperformed the Finnish Market which returned 2.7% over the past year.


Shareholder returns

KAMUXIndustryMarket
7 Day2.1%4.3%2.8%
30 Day15.1%4.6%-0.1%
90 Day7.4%7.5%1.4%
1 Year-8.1%-10.5%16.8%13.1%7.4%2.7%
3 Yearn/a-5.2%-15.7%28.8%13.5%
5 Yearn/a21.7%1.9%64.0%32.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

42.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: KAMUX (€5.78) is trading below our estimate of fair value (€9.99)

Significantly Undervalued: KAMUX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: KAMUX is poor value based on its PE Ratio (13.4x) compared to the Specialty Retail industry average (13x).

PE vs Market: KAMUX is good value based on its PE Ratio (13.4x) compared to the Finnish market (20x).


Price to Earnings Growth Ratio

Low PEG Ratio: KAMUX is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: KAMUX is overvalued based on its PB Ratio (3.3x) compared to the XE Specialty Retail industry average (1.3x).


Next Steps

Future Growth

How is Kamux Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KAMUX's forecast earnings growth (12.6% per year) is above the savings rate (0.5%).

Earnings vs Market: KAMUX's earnings (12.6% per year) are forecast to grow slower than the Finnish market (13.3% per year).

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

Revenue vs Market: KAMUX's revenue (13.2% per year) is forecast to grow faster than the Finnish market (2.1% per year).

High Growth Revenue: KAMUX's revenue (13.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if KAMUX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Kamux Oyj performed over the past 5 years?

13.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: KAMUX's earnings have grown by 13% per year over the past 5 years.

Accelerating Growth: KAMUX's earnings growth over the past year (44.2%) exceeds its 5-year average (13% per year).

Earnings vs Industry: KAMUX earnings growth over the past year (44.2%) exceeded the Specialty Retail industry -0.7%.


Return on Equity

High ROE: KAMUX's Return on Equity (24.6%) is considered high.


Return on Assets

ROA vs Industry: KAMUX has a higher Return on Assets than the Specialty Retail industry average last year.


Return on Capital Employed

ROCE Improving: KAMUX's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Kamux Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: KAMUX's short term assets (€101.2M) exceeds its short term liabilities (€37.3M)

Long Term Liabilities: KAMUX's short term assets (101.2M) exceeds its long term liabilities (50.8M)


Debt to Equity History and Analysis

Debt Level: KAMUX's debt to equity ratio (29.7%) is considered satisfactory

Reducing Debt: KAMUX's debt to equity ratio has reduced from 232.2% to 29.7% over the past 5 years.

Debt Coverage: KAMUX's debt is not well covered by operating cash flow (14.4%).

Interest Coverage: KAMUX's interest payments on its debt are well covered by EBIT (24.2x coverage).


Balance Sheet

Inventory Level: KAMUX has a high level of physical assets or inventory.

Debt Coverage by Assets: KAMUX's debt is covered by short term assets (assets are 4.842100x debt).


Next Steps

Dividend

What is Kamux Oyj's current dividend yield, its reliability and sustainability?

2.77%

Current Dividend Yield


Dividend Yield vs Market

company2.8%marketbottom25%2.3%markettop25%5.0%industryaverage3.3%forecastin3Years4.4%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: KAMUX's dividend (2.77%) is higher than the bottom 25% of dividend payers in the Finnish market (2.34%).

High Dividend: KAMUX's dividend (2.77%) is low compared to the top 25% of dividend payers in the Finnish market (5.01%).

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

Growing Dividend: KAMUX's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37%), KAMUX's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KAMUX's dividends in 3 years are forecast to be well covered by earnings (44.7% payout ratio).


Next Steps

Management

What is the CEO of Kamux Oyj's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Juha Kalliokoski (49yo)

18.8yrs

Tenure

0

Mr. Juha Kalliokoski has been the Chief Executive Officer of Kamux Oyj since 2001. Mr. Kalliokoski served as Sales Manager and was Partner of Skapat Oy from 1999 to 2000. He served as Car Salesman and Sale ...


Management Age and Tenure

3.2yrs

Average Tenure

48yo

Average Age

Experienced Management: KAMUX's management team is considered experienced (3.2 years average tenure).


Board Age and Tenure

3.8yrs

Average Tenure

52yo

Average Age

Experienced Board: KAMUX's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • née Heikkilä Otala (52yo)

    Director of Communications

    • Tenure: 4.8yrs
  • Mikko-Heikki Inkeroinen (32yo)

    Chief Digital Officer

    • Tenure: 1.7yrs
  • Juha Kalliokoski (49yo)

    Chief Executive Officer

    • Tenure: 18.8yrs
  • Marko Lehtonen (47yo)

    Chief Financial Officer

    • Tenure: 0.3yrs
  • Milla Kärpänen

    Group Controller

    • Tenure: 3.2yrs

Board Members

  • Jokke Paananen (47yo)

    Director

    • Tenure: 8.8yrs
  • Matti Virtanen (61yo)

    Chairperson of the Board

    • Tenure: 3.8yrs
  • Harri Sivula (57yo)

    Director

    • Tenure: 2.4yrs
  • David Nuutinen (60yo)

    Director

    • Tenure: 7.8yrs
  • Vesa Uotila (37yo)

    Director

    • Tenure: 3.8yrs
  • Reija Laaksonen (46yo)

    Director

    • Tenure: 2.6yrs

Company Information

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


Key Information

  • Name: Kamux Oyj
  • Ticker: KAMUX
  • Exchange: HLSE
  • Founded: 2003
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: €229.692m
  • Shares outstanding: 40.02m
  • Website: https://www.kamux.com

Number of Employees


Location

  • Kamux Oyj
  • Parolantie 66 A
  • Hämeenlinna
  • Tavastia Proper
  • 13130
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KAMUXHLSE (OMX Nordic Exchange Helsinki)YesShare CapitalFIEURMay 2017
0RP3LSE (London Stock Exchange)YesShare CapitalGBEURMay 2017
KAMUXHBATS-CHIXE (BATS 'Chi-X Europe')YesShare CapitalGBEURMay 2017

Biography

Kamux Oyj engages in the retail and wholesale of used cars. As of July 22, 2019, it operated 48 showrooms in Finland; 16 showrooms in Sweden; and 4 showrooms in Germany. It also offers financing and insura ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 21:54
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.