Musti Group Oyj
Market Cap
€908.8m
Last Updated
2021/02/26 19:49 UTC
Data Sources
Company Financials +
Executive Summary
Musti Group Oyj operates as a pet care specialist in Finland, Sweden, and Norway. More Details
Rewards
Risk Analysis
No risks detected for MUSTI from our risk checks.
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Musti Group Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MUSTI is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MUSTI's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-7.0%
MUSTI
3.1%
FI Specialty Retail
-2.0%
FI Market
1 Year Return
164.6%
MUSTI
6.1%
FI Specialty Retail
16.7%
FI Market
Return vs Industry: MUSTI exceeded the Finnish Specialty Retail industry which returned 5.6% over the past year.
Return vs Market: MUSTI exceeded the Finnish Market which returned 15.3% over the past year.
Shareholder returns
| MUSTI | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.0% | 3.1% | -2.0% |
| 30 Day | 2.2% | 7.2% | -2.4% |
| 90 Day | 26.4% | 2.5% | 3.4% |
| 1 Year | 168.5%164.6% | 7.3%6.1% | 25.1%16.7% |
| 3 Year | n/a | 17.6%9.0% | 34.6%11.3% |
| 5 Year | n/a | -0.9%-15.5% | 73.3%35.0% |
Long-Term Price Volatility Vs. Market
How volatile is Musti Group Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Are Musti Group Oyj's (HEL:MUSTI) Statutory Earnings A Good Guide To Its Underlying Profitability?1 month ago | Simply Wall St
Is Musti Group Oyj (HEL:MUSTI) A Risky Investment?2 months ago | Simply Wall St
Should You Be Worried About Musti Group Oyj's (HEL:MUSTI) 7.7% Return On Equity?Valuation
Is Musti Group Oyj undervalued compared to its fair value and its price relative to the market?
55.4x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MUSTI (€26.72) is trading above our estimate of fair value (€18.98)
Significantly Below Fair Value: MUSTI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MUSTI is poor value based on its PE Ratio (55.4x) compared to the XE Specialty Retail industry average (19.7x).
PE vs Market: MUSTI is poor value based on its PE Ratio (55.4x) compared to the Finnish market (27.8x).
Price to Earnings Growth Ratio
PEG Ratio: MUSTI is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: MUSTI is overvalued based on its PB Ratio (5.5x) compared to the XE Specialty Retail industry average (1.8x).
Next Steps
Future Growth
How is Musti Group Oyj forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
21.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MUSTI's forecast earnings growth (21.2% per year) is above the savings rate (0.3%).
Earnings vs Market: MUSTI's earnings (21.2% per year) are forecast to grow faster than the Finnish market (19.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MUSTI's revenue (10.4% per year) is forecast to grow faster than the Finnish market (3.5% per year).
High Growth Revenue: MUSTI's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MUSTI's Return on Equity is forecast to be low in 3 years time (19.7%).
Next Steps
Past Performance
How has Musti Group Oyj performed over the past 5 years?
185.3%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MUSTI has high quality earnings.
Growing Profit Margin: MUSTI's current net profit margins (5.3%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if MUSTI's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare MUSTI's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: MUSTI earnings growth over the past year (185.3%) exceeded the Specialty Retail industry -3.3%.
Return on Equity
High ROE: MUSTI's Return on Equity (9.8%) is considered low.
Next Steps
Financial Health
How is Musti Group Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: MUSTI's short term assets (€72.4M) exceed its short term liabilities (€61.7M).
Long Term Liabilities: MUSTI's short term assets (€72.4M) do not cover its long term liabilities (€102.8M).
Debt to Equity History and Analysis
Debt Level: MUSTI's debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MUSTI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MUSTI's debt is well covered by operating cash flow (87.5%).
Interest Coverage: MUSTI's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Musti Group Oyj current dividend yield, its reliability and sustainability?
2.60%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MUSTI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MUSTI'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 MUSTI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MUSTI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MUSTI'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?
3.1yrs
Average management tenure
CEO
David Ronnberg (43 yo)
4.08yrs
Tenure
Mr. David Ronnberg serves as Chief Executive Officer at Musti Group Oyj since 2017. Mr. Ronnberg is also the Chairman of the Board of Stapp Holding AB, CaMa Gruppen AB and CaMa Intressenter. Mr. Ronnberg i...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.08yrs | no data | 2.28% € 20.7m | |
| Chief Financial Officer | 4.08yrs | no data | 1.31% € 11.9m | |
| Head of Investor Relations & Communications | no data | no data | no data | |
| Head of Human Resources | 3.08yrs | no data | 0.024% € 221.5k | |
| Head of Strategy | 3.08yrs | no data | no data | |
| Chief Commercial Officer | 3.08yrs | no data | 0.077% € 696.0k | |
| Chief Customer Officer | 2.08yrs | no data | no data | |
| Chief Supply Officer | 2.08yrs | no data | 0.012% € 108.8k | |
| Country Director | no data | no data | 0.073% € 668.0k | |
| Country Director | no data | no data | 0.11% € 1.0m | |
| Country Director | no data | no data | no data |
3.1yrs
Average Tenure
43yo
Average Age
Experienced Management: MUSTI's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice-Chairman of the Board | 1.08yrs | €30.00k | 0.18% € 1.6m | |
| Independent Chairman of the Board | 4.08yrs | €60.00k | 0.64% € 5.8m | |
| Independent Director | 0.083yr | no data | no data | |
| Independent Director | 2.42yrs | no data | no data |
1.8yrs
Average Tenure
49.5yo
Average Age
Experienced Board: MUSTI's board of directors are not considered experienced ( 1.8 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
Musti Group Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Musti Group Oyj
- Ticker: MUSTI
- Exchange: HLSE
- Founded: 1988
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: €908.846m
- Shares outstanding: 33.41m
- Website: https://www.mustigroup.com
Number of Employees
Location
- Musti Group Oyj
- Mäkitorpantie 3
- Helsinki
- Uusimaa
- 620
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 49U | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | Feb 2020 |
| MUSTI | HLSE (OMX Nordic Exchange Helsinki) | Yes | Share Capital | FI | EUR | Feb 2020 |
| 0A3B | LSE (London Stock Exchange) | Yes | Share Capital | GB | EUR | Feb 2020 |
| MUSTIH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Share Capital | GB | EUR | Feb 2020 |
Biography
Musti Group Oyj operates as a pet care specialist in Finland, Sweden, and Norway. The company offers a range of pet products in the food and non-food categories under own and third-party brands. It also pr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 19:49 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/09/30 |
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.