Basware Oyj provides networked purchase-to-pay solutions, and e-invoicing and financing services in Finland and internationally.
No risks detected for BAS1V from our risk checks.
Basware Oyj Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€33.15|
|52 Week High||€32.45|
|52 Week Low||€43.85|
|1 Month Change||-15.54%|
|3 Month Change||-11.72%|
|1 Year Change||-10.65%|
|3 Year Change||-6.88%|
|5 Year Change||-15.86%|
|Change since IPO||38.13%|
Recent News & Updates
|BAS1V||FI Software||FI Market|
Return vs Industry: BAS1V underperformed the Finnish Software industry which returned 129.2% over the past year.
Return vs Market: BAS1V underperformed the Finnish Market which returned 24.4% over the past year.
Stable Share Price: BAS1V is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BAS1V's weekly volatility (4%) has been stable over the past year.
About the Company
Basware Oyj provides networked purchase-to-pay solutions, and e-invoicing and financing services in Finland and internationally. It offers analytics, travel and expense management, sourcing, and e-procurement solutions; and solutions for accounts receivable and payable. The company also provides financing services solutions, including Basware Discount, a solution that offers discount for early payment; and Basware Pay, a payment solution.
Basware Oyj Fundamentals Summary
|BAS1V fundamental statistics|
Is BAS1V overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BAS1V income statement (TTM)|
|Cost of Revenue||€65.43m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 19, 2021
|Earnings per share (EPS)||-0.38|
|Net Profit Margin||-3.64%|
How did BAS1V perform over the long term?See historical performance and comparison
Is Basware Oyj undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BAS1V (€33.15) is trading below our estimate of fair value (€64.83)
Significantly Below Fair Value: BAS1V is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BAS1V is unprofitable, so we can't compare its PE Ratio to the Finnish Software industry average.
PE vs Market: BAS1V is unprofitable, so we can't compare its PE Ratio to the Finnish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BAS1V's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BAS1V is good value based on its PB Ratio (5.9x) compared to the FI Software industry average (8.6x).
How is Basware Oyj forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BAS1V is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: BAS1V is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BAS1V's is expected to become profitable in the next 3 years.
Revenue vs Market: BAS1V's revenue (12.7% per year) is forecast to grow faster than the Finnish market (3.7% per year).
High Growth Revenue: BAS1V's revenue (12.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BAS1V's Return on Equity is forecast to be low in 3 years time (12.9%).
How has Basware Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BAS1V is currently unprofitable.
Growing Profit Margin: BAS1V is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BAS1V is unprofitable, and losses have increased over the past 5 years at a rate of 3.6% per year.
Accelerating Growth: Unable to compare BAS1V's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BAS1V is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (87.9%).
Return on Equity
High ROE: BAS1V has a negative Return on Equity (-6.78%), as it is currently unprofitable.
How is Basware Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: BAS1V's short term assets (€78.9M) exceed its short term liabilities (€57.8M).
Long Term Liabilities: BAS1V's short term assets (€78.9M) do not cover its long term liabilities (€88.2M).
Debt to Equity History and Analysis
Debt Level: BAS1V's debt to equity ratio (86%) is considered high.
Reducing Debt: BAS1V's debt to equity ratio has increased from 10% to 86% over the past 5 years.
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.
Stable Cash Runway: Whilst unprofitable BAS1V has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BAS1V is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.2% per year.
What is Basware Oyj current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BAS1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BAS1V'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 BAS1V's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BAS1V's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BAS1V is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BAS1V's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Klaus Andersen (57 yo)
Mr. Klaus Andersen serves as the Chief Executive Officer at Basware Oyj since June 20, 2019 and was the Interim Chief Executive Officer since March 11, 2019 until June 20, 2019. He has been an Interim Chie...
CEO Compensation Analysis
Compensation vs Market: Klaus's total compensation ($USD609.08K) is about average for companies of similar size in the Finnish market ($USD811.71K).
Compensation vs Earnings: Klaus's compensation has increased whilst the company is unprofitable.
Experienced Management: BAS1V's management team is considered experienced (2.4 years average tenure).
Experienced Board: BAS1V's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Basware Oyj's employee growth, exchange listings and data sources
- Name: Basware Oyj
- Ticker: BAS1V
- Exchange: HLSE
- Founded: 1985
- Industry: Application Software
- Sector: Software
- Market Cap: €479.939m
- Shares outstanding: 14.46m
- Website: https://www.basware.com
Number of Employees
- Basware Oyj
- Building Cello
- Linnoitustie 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 21:38|
|End of Day Share Price||2021/09/23 00:00|
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.