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Verkkokauppa.com Oyj

Market Cap

€409.3m

Last Updated

2021/04/13 18:42 UTC

Data Sources

Company Financials +

Executive Summary

Verkkokauppa.com Oyj operates as an online consumer electronics retailer in Finland. More Details


Snowflake Analysis

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


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: VERK is more volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: VERK's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Finnish stocks.


Market Performance


7 Day Return

0.9%

VERK

-2.8%

FI Online Retail

0.6%

FI Market


1 Year Return

162.9%

VERK

59.3%

FI Online Retail

36.4%

FI Market

Return vs Industry: VERK exceeded the Finnish Online Retail industry which returned 59.3% over the past year.

Return vs Market: VERK exceeded the Finnish Market which returned 36.4% over the past year.


Shareholder returns

VERKIndustryMarket
7 Day0.9%-2.8%0.6%
30 Day2.2%0.7%0.4%
90 Day25.3%-2.8%1.2%
1 Year180.2%162.9%59.6%59.3%47.2%36.4%
3 Year89.3%60.8%109.6%106.4%37.2%14.1%
5 Year49.9%23.5%122.0%103.8%75.3%38.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Verkkokauppa.com Oyj undervalued compared to its fair value and its price relative to the market?

28.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VERK (€9.15) is trading above our estimate of fair value (€7.23)

Significantly Below Fair Value: VERK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VERK is good value based on its PE Ratio (28.1x) compared to the XE Online Retail industry average (31.6x).

PE vs Market: VERK's PE Ratio (28.1x) is in line with the Finnish market.


Price to Earnings Growth Ratio

PEG Ratio: VERK is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: VERK is overvalued based on its PB Ratio (10.1x) compared to the XE Online Retail industry average (5.4x).


Future Growth

How is Verkkokauppa.com Oyj forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

12.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VERK's forecast earnings growth (12.5% per year) is above the savings rate (0.3%).

Earnings vs Market: VERK's earnings (12.5% per year) are forecast to grow slower than the Finnish market (18.7% per year).

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

Revenue vs Market: VERK's revenue (4.5% per year) is forecast to grow faster than the Finnish market (3.7% per year).

High Growth Revenue: VERK'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: VERK's Return on Equity is forecast to be very high in 3 years time (42.1%).


Past Performance

How has Verkkokauppa.com Oyj performed over the past 5 years?

6.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VERK has high quality earnings.

Growing Profit Margin: VERK's current net profit margins (2.6%) are higher than last year (1.6%).


Past Earnings Growth Analysis

Earnings Trend: VERK's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: VERK's earnings growth over the past year (87%) exceeds its 5-year average (6.1% per year).

Earnings vs Industry: VERK earnings growth over the past year (87%) exceeded the Online Retail industry 68.2%.


Return on Equity

High ROE: VERK's Return on Equity (36.1%) is considered high.


Financial Health

How is Verkkokauppa.com Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: VERK's short term assets (€148.0M) exceed its short term liabilities (€114.3M).

Long Term Liabilities: VERK's short term assets (€148.0M) exceed its long term liabilities (€18.8M).


Debt to Equity History and Analysis

Debt Level: VERK is debt free.

Reducing Debt: VERK had no debt 5 years ago.

Debt Coverage: VERK has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VERK has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Verkkokauppa.com Oyj current dividend yield, its reliability and sustainability?

4.89%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VERK's dividend (4.92%) is higher than the bottom 25% of dividend payers in the Finnish market (1.72%).

High Dividend: VERK's dividend (4.92%) is in the top 25% of dividend payers in the Finnish market (3.74%)


Stability and Growth of Payments

Stable Dividend: VERK has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: VERK's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (70.6%), VERK's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: VERK's dividends in 3 years are forecast to be covered by earnings (56.2% payout ratio).


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Panu Porkka (43 yo)

3.08yrs

Tenure

€748,000

Compensation

Mr. Panu Porkka serves as Independent Director of Solteq Oyj since 2019. He has been the Chief Executive Officer of Verkkokauppa.com Oyj since March 22, 2018 and serves as its Managing Director. Mr. Porkka...


CEO Compensation Analysis

Compensation vs Market: Panu's total compensation ($USD891.11K) is above average for companies of similar size in the Finnish market ($USD637.08K).

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


Leadership Team

Experienced Management: VERK's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: VERK's board of directors are not considered experienced ( 0.1 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

Verkkokauppa.com Oyj's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Verkkokauppa.com Oyj
  • Ticker: VERK
  • Exchange: HLSE
  • Founded: 1992
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: €409.275m
  • Shares outstanding: 44.73m
  • Website: https://www.verkkokauppa.com

Number of Employees


Location

  • Verkkokauppa.com Oyj
  • Tyynenmerenkatu 11
  • Helsinki
  • Uusimaa
  • 220
  • Finland

Listings


Biography

Verkkokauppa.com Oyj operates as an online consumer electronics retailer in Finland. The company also operates four retail stores. In addition, it offers installation and maintenance services, subscription...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/13 18:42
End of Day Share Price2021/04/13 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.