company background image
TOKM

Tokmanni Group OyjHLSE:TOKMAN Stock Report

Market Cap

€1.3b

7D

0.9%

1Y

48.9%

Updated

26 Oct, 2021

Data

Company Financials +
TOKMAN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance6/6
Financial Health4/6
Dividends4/6

TOKMAN Overview

Tokmanni Group Oyj operates general discount retail chain in Finland.

Tokmanni Group Oyj Competitors

Puuilo Oyj

HLSE:PUUILO

€724.8m

Amazon.com

NasdaqGS:AMZN

US$1.7t

Roche Holding

SWX:ROG

CHF311.4b

Grifols

BME:GRF

€11.7b

Price History & Performance

Summary of all time highs, changes and price drops for Tokmanni Group Oyj
Historical stock prices
Current Share Price€22.10
52 Week High€12.80
52 Week Low€26.90
Beta1.12
1 Month Change0%
3 Month Change-10.38%
1 Year Change48.92%
3 Year Change208.44%
5 Year Change164.67%
Change since IPO229.85%

Recent News & Updates

Sep 12
Investors Shouldn't Overlook Tokmanni Group Oyj's (HEL:TOKMAN) Impressive Returns On Capital

Investors Shouldn't Overlook Tokmanni Group Oyj's (HEL:TOKMAN) Impressive Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...

Aug 27
A Look At The Fair Value Of Tokmanni Group Oyj (HEL:TOKMAN)

A Look At The Fair Value Of Tokmanni Group Oyj (HEL:TOKMAN)

How far off is Tokmanni Group Oyj ( HEL:TOKMAN ) from its intrinsic value? Using the most recent financial data, we'll...

Jul 28
At €26.32, Is It Time To Put Tokmanni Group Oyj (HEL:TOKMAN) On Your Watch List?

At €26.32, Is It Time To Put Tokmanni Group Oyj (HEL:TOKMAN) On Your Watch List?

Tokmanni Group Oyj ( HEL:TOKMAN ), is not the largest company out there, but it saw a significant share price rise of...

Jun 26
These 4 Measures Indicate That Tokmanni Group Oyj (HEL:TOKMAN) Is Using Debt Safely

These 4 Measures Indicate That Tokmanni Group Oyj (HEL:TOKMAN) Is Using Debt Safely

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

TOKMANFI Multiline RetailFI Market
7D0.9%1.2%0.5%
1Y48.9%40.1%29.0%

Return vs Industry: TOKMAN exceeded the Finnish Multiline Retail industry which returned 35.2% over the past year.

Return vs Market: TOKMAN exceeded the Finnish Market which returned 24.5% over the past year.

Price Volatility

Is TOKMAN's price volatile compared to industry and market?
TOKMAN volatility
TOKMAN Beta1.12
Industry Beta1.22
Market Beta1

Stable Share Price: TOKMAN is less volatile than 75% 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.

About the Company

FoundedEmployeesCEOWebsite
n/a4,701Mika Rautiainenhttps://www.tokmanni.fi

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 iron, dressing, hobbies and leisure, motoring and boating, toys and childcare articles, pets, foods, courtyard, balcony, and garden products. As of December 31, 2019, the company operated 191 stores in Finland.

Tokmanni Group Oyj Fundamentals Summary

How do Tokmanni Group Oyj's earnings and revenue compare to its market cap?
TOKMAN fundamental statistics
Market Cap€1.30b
Earnings (TTM)€79.28m
Revenue (TTM)€1.12b

16.4x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOKMAN income statement (TTM)
Revenue€1.12b
Cost of Revenue€725.64m
Gross Profit€391.90m
Expenses€312.62m
Earnings€79.28m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 29, 2021

Earnings per share (EPS)1.35
Gross Margin35.07%
Net Profit Margin7.09%
Debt/Equity Ratio50.7%

How did TOKMAN perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

63%

Payout Ratio

Valuation

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

29.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TOKMAN (€22.1) is trading below our estimate of fair value (€31.15)

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


Price To Earnings Ratio

PE vs Industry: TOKMAN is good value based on its PE Ratio (16.4x) compared to the European Multiline Retail industry average (27.1x).

PE vs Market: TOKMAN is good value based on its PE Ratio (16.4x) compared to the Finnish market (24.8x).


Price to Earnings Growth Ratio

PEG Ratio: TOKMAN is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: TOKMAN's PB Ratio (6.6x) is in line with the XE Multiline Retail industry average.


Future Growth

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

7.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TOKMAN's forecast earnings growth (7% per year) is above the savings rate (0.2%).

Earnings vs Market: TOKMAN's earnings (7% per year) are forecast to grow faster than the Finnish market (6.9% per year).

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

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

High Growth Revenue: TOKMAN'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: TOKMAN's Return on Equity is forecast to be high in 3 years time (32%)


Past Performance

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

28.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TOKMAN has high quality earnings.

Growing Profit Margin: TOKMAN's current net profit margins (7.1%) are higher than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: TOKMAN's earnings have grown significantly by 28.1% per year over the past 5 years.

Accelerating Growth: TOKMAN's earnings growth over the past year (34.5%) exceeds its 5-year average (28.1% per year).

Earnings vs Industry: TOKMAN earnings growth over the past year (34.5%) exceeded the Multiline Retail industry 24%.


Return on Equity

High ROE: TOKMAN's Return on Equity (40.5%) is considered outstanding.


Financial Health

How is Tokmanni Group Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: TOKMAN's short term assets (€316.8M) exceed its short term liabilities (€217.7M).

Long Term Liabilities: TOKMAN's short term assets (€316.8M) do not cover its long term liabilities (€336.6M).


Debt to Equity History and Analysis

Debt Level: TOKMAN's debt to equity ratio (50.7%) is considered high.

Reducing Debt: TOKMAN's debt to equity ratio has reduced from 82.8% to 50.7% over the past 5 years.

Debt Coverage: TOKMAN's debt is well covered by operating cash flow (136.4%).

Interest Coverage: TOKMAN's interest payments on its debt are well covered by EBIT (10.8x coverage).


Balance Sheet


Dividend

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

3.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TOKMAN's dividend (3.85%) is higher than the bottom 25% of dividend payers in the Finnish market (1.63%).

High Dividend: TOKMAN's dividend (3.85%) is in the top 25% of dividend payers in the Finnish market (3.6%)


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 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63%), 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 (62.9% payout ratio).


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Mika Rautiainen (59 yo)

3.33yrs

Tenure

€668,490

Compensation

Mr. Mika Rautiainen, M.Sc. (Econ.), serves as Supervisory Board Member at Keskinäinentyöeläkevakuutusyhtiö Varma since March 2021. Mr. Rautiainen is the Chie Executive Officer and Member of the Executive G...


CEO Compensation Analysis

Compensation vs Market: Mika's total compensation ($USD775.06K) is about average for companies of similar size in the Finnish market ($USD752.81K).

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


Leadership Team

Experienced Management: TOKMAN's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: TOKMAN'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

Tokmanni Group Oyj's 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: €1.299b
  • Shares outstanding: 58.79m
  • Website: https://www.tokmanni.fi

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 21:18
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
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.