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Tokmanni Group Oyj

Market Cap

€1.3b

Last Updated

2021/04/16 20:20 UTC

Data Sources

Company Financials +

Executive Summary

Tokmanni Group Oyj operates general discount retail chain in Finland. More Details


Snowflake Analysis

Outstanding track record with excellent balance sheet and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TOKMAN is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TOKMAN's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

5.8%

TOKMAN

0.4%

FI Multiline Retail

3.5%

FI Market


1 Year Return

123.2%

TOKMAN

77.3%

FI Multiline Retail

1.6%

FI Market

Return vs Industry: TOKMAN exceeded the Finnish Multiline Retail industry which returned 82.2% over the past year.

Return vs Market: TOKMAN exceeded the Finnish Market which returned 3.9% over the past year.


Shareholder returns

TOKMANIndustryMarket
7 Day5.8%0.4%3.5%
30 Day14.3%3.7%6.2%
90 Day38.3%7.7%6.7%
1 Year144.1%123.2%83.0%77.3%60.3%1.6%
3 Year257.9%209.6%38.7%22.5%46.3%-14.5%
5 Yearn/a32.8%5.4%93.6%5.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

19.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TOKMAN (€21.52) is trading below our estimate of fair value (€26.86)

Significantly Below Fair Value: TOKMAN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TOKMAN is good value based on its PE Ratio (17.8x) compared to the XE Multiline Retail industry average (18.7x).

PE vs Market: TOKMAN is good value based on its PE Ratio (17.8x) compared to the Finnish market (29x).


Price to Earnings Growth Ratio

PEG Ratio: TOKMAN is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: TOKMAN is overvalued based on its PB Ratio (5.8x) compared to the XE Multiline Retail industry average (2.7x).


Future Growth

How is Tokmanni Group Oyj forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

6.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TOKMAN's forecast earnings growth (6.3% per year) is above the savings rate (0.3%).

Earnings vs Market: TOKMAN's earnings (6.3% per year) are forecast to grow slower than the Finnish market (17.8% per year).

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

Revenue vs Market: TOKMAN's revenue (3.6% per year) is forecast to grow slower than the Finnish market (4.2% per year).

High Growth Revenue: TOKMAN's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TOKMAN's Return on Equity is forecast to be high in 3 years time (30.1%)


Past Performance

How has Tokmanni Group Oyj performed over the past 5 years?

28.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TOKMAN has high quality earnings.

Growing Profit Margin: TOKMAN's current net profit margins (6.6%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: TOKMAN's earnings have grown significantly by 28% per year over the past 5 years.

Accelerating Growth: TOKMAN's earnings growth over the past year (50.5%) exceeds its 5-year average (28% per year).

Earnings vs Industry: TOKMAN earnings growth over the past year (50.5%) exceeded the Multiline Retail industry 47.7%.


Return on Equity

High ROE: TOKMAN's Return on Equity (32.8%) is considered high.


Financial Health

How is Tokmanni Group Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: TOKMAN's short term assets (€324.6M) exceed its short term liabilities (€303.8M).

Long Term Liabilities: TOKMAN's short term assets (€324.6M) exceed its long term liabilities (€263.9M).


Debt to Equity History and Analysis

Debt Level: TOKMAN's debt to equity ratio (45.9%) is considered high.

Reducing Debt: TOKMAN's debt to equity ratio has reduced from 455.3% to 45.9% over the past 5 years.

Debt Coverage: TOKMAN's debt is well covered by operating cash flow (151.5%).

Interest Coverage: TOKMAN's interest payments on its debt are well covered by EBIT (9.9x coverage).


Balance Sheet


Dividend

What is Tokmanni Group Oyj current dividend yield, its reliability and sustainability?

3.95%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TOKMAN's dividend (3.95%) is higher than the bottom 25% of dividend payers in the Finnish market (1.72%).

High Dividend: TOKMAN's dividend (3.95%) is in the top 25% of dividend payers in the Finnish market (3.66%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (70.2%), TOKMAN's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: TOKMAN's dividends in 3 years are forecast to be covered by earnings (70.1% payout ratio).


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Mika Rautiainen (58 yo)

2.83yrs

Tenure

€444,966

Compensation

Mr. Mika Rautiainen, M.Sc. (Econ.), serves as Supervisory Board Member at Keskinäinen työeläkevakuutusyhtiö Varma since March 2021. Mr. Rautiainen is the Chie Executive Officer of Tokmanni Group Oyj since ...


CEO Compensation Analysis

Compensation vs Market: Mika's total compensation ($USD532.38K) is below average for companies of similar size in the Finnish market ($USD930.32K).

Compensation vs Earnings: Mika's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TOKMAN's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: TOKMAN's board of directors are considered experienced (3.1 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

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


Key Information

  • Name: Tokmanni Group Oyj
  • Ticker: TOKMAN
  • Exchange: HLSE
  • Founded: NaN
  • Industry: Department Stores
  • Sector: Retail
  • Market Cap: €1.266b
  • Shares outstanding: 58.79m
  • Website: https://www.tokmanni.fi

Number of Employees


Location

  • Tokmanni Group Oyj
  • Isolammintie 1
  • Mäntsälä
  • Uusimaa
  • 4600
  • Finland

Listings


Biography

Tokmanni Group Oyj operates general discount retail chain in Finland. The company offers beauty and health, home, kitchen, décor, housekeeping, electronic and home appliances, tools, renovation and small i...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 20:20
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
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.