HLSE:VALOE

Stock Analysis Report

Executive Summary

Valoe Oyj develops and sells solar energy technology products worldwide.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Risks

  • Valoe Oyj has significant price volatility in the past 3 months.
  • Valoe Oyj is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.2%

HLSE:VALOE

0%

FI Semiconductor

-0.6%

FI Market


1 Year Return

-78.5%

HLSE:VALOE

0%

FI Semiconductor

-7.5%

FI Market

VALOE underperformed the Semiconductor industry which returned -5% over the past year.

VALOE underperformed the Market in Finland which returned -7.5% over the past year.


Share holder returns

VALOEIndustryMarket
7 Day-0.2%0%-0.6%
30 Day-41.7%0%-4.5%
90 Day-68.1%0%-1.1%
1 Year-78.5%-78.5%0%0%-3.3%-7.5%
3 Year-96.8%-96.8%0%0%24.2%9.9%
5 Year-97.6%-97.6%0%0%51.1%22.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Valoe Oyj undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether Valoe Oyj is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Valoe Oyj has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of VALOE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Valoe Oyj regulatory filings.
  • Explore potentially undervalued companies in the Semiconductors industry.

Future Growth

How is Valoe Oyj expected to perform in the next 1 to 3 years based on estimates from 0 analysts?


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Valoe Oyj has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Valoe Oyj performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Valoe Oyj does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Valoe Oyj's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Valoe Oyj's 1-year growth to the Europe Semiconductor industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Valoe Oyj has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Valoe Oyj has efficiently used its assets last year compared to the Europe Semiconductor industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Valoe Oyj improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Valoe Oyj's financial position?


Financial Position Analysis

Valoe Oyj's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Valoe Oyj's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Valoe Oyj has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Valoe Oyj's debt level has increased considering it has negative shareholder equity.


Balance Sheet

Low level of unsold assets.

Valoe Oyj has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Valoe Oyj has less than a year of cash runway based on current free cash flow.

Valoe Oyj has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.4% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Valoe Oyj's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Valoe Oyj's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Valoe Oyj has not reported any payouts.

Unable to verify if Valoe Oyj's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Valoe Oyj has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

8.5yrs

Average management tenure


CEO

Iikka Savisalo (47yo)

7.3yrs

Tenure

€2,000

Compensation

Mr. Iikka Thomas Savisalo, B.B.A. (Accounting), serves as Director and has been the Chief Executive Officer and President at Valoe Oyj since April 3, 2012. Mr. Savisalo previously served as Non-Independent ...


CEO Compensation Analysis

Iikka's remuneration is higher than average for companies of similar size in Finland.

Iikka's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

8.5yrs

Average Tenure

47yo

Average Age

The average tenure for the Valoe Oyj management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

10.6yrs

Average Tenure

47yo

Average Age

The average tenure for the Valoe Oyj board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Veli-Olavi Kataja

    CEO of USA Operations & Director of Production

    • Tenure: 0.0yrs
  • Timo Hannukainen

    VP of Human Resources & VP of Quality

    • Tenure: 13.5yrs
  • Iikka Savisalo (47yo)

    CEO, President

    • Tenure: 7.3yrs
    • Compensation: €2.00k
  • Sami Lindfors (44yo)

    Senior Vice President

    • Tenure: 9.6yrs
  • Seija Kurki (56yo)

    Chief Financial Officer

    • Tenure: 7.3yrs

Board Members

  • Hannu Savisalo (73yo)

    Chairman of the Board

    • Tenure: 10.6yrs
    • Compensation: €47.00k
  • Ville Parpola (47yo)

    Vice Chairman of the Board

    • Tenure: 2.2yrs
    • Compensation: €45.00k
  • Iikka Savisalo (47yo)

    CEO, President

    • Tenure: 7.3yrs
    • Compensation: €2.00k

Company Information

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


Key Information

  • Name: Valoe Oyj
  • Ticker: VALOE
  • Exchange: HLSE
  • Founded: 1948
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: €3.076m
  • Shares outstanding: 31.78m
  • Website: https://www.valoe.com

Number of Employees


Location

  • Valoe Oyj
  • Insinöörinkatu 8
  • Mikkeli
  • Southern Savonia
  • 50150
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VALOEHLSE (OMX Nordic Exchange Helsinki)YesOrdinary SharesFIEURMay 1998
0JQKLSE (London Stock Exchange)YesOrdinary SharesGBEURMay 1998

Biography

Valoe Oyj develops and sells solar energy technology products worldwide. It offers automated manufacturing plants and production lines for solar modules; conductive back sheets; back contact modules; solar ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 20:50
End of Day Share Price2019/08/23 00:00
Earnings2019/03/31
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.