F-Secure Oyj
Market Cap
€615.4m
Last Updated
2021/01/27 19:17 UTC
Data Sources
Company Financials +
Executive Summary
F-Secure Oyj provides cyber security products and services in Nordic countries, rest of Europe, North America, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with moderate growth potential.
Similar Companies
Share Price & News
How has F-Secure Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FSC1V is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FSC1V's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.8%
FSC1V
-1.9%
FI Software
0.1%
FI Market
1 Year Return
19.6%
FSC1V
71.5%
FI Software
10.3%
FI Market
Return vs Industry: FSC1V underperformed the Finnish Software industry which returned 74.2% over the past year.
Return vs Market: FSC1V exceeded the Finnish Market which returned 10.2% over the past year.
Shareholder returns
| FSC1V | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.8% | -1.9% | 0.1% |
| 30 Day | 3.4% | -2.7% | 4.5% |
| 90 Day | 11.4% | 19.8% | 20.5% |
| 1 Year | 19.6%19.6% | 71.8%71.5% | 19.3%10.3% |
| 3 Year | 2.7%1.5% | 83.0%80.2% | 37.5%13.9% |
| 5 Year | 68.2%53.3% | 41.6%34.1% | 82.8%42.5% |
Long-Term Price Volatility Vs. Market
How volatile is F-Secure Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Estimating The Intrinsic Value Of F-Secure Oyj (HEL:FSC1V)2 weeks ago | Simply Wall St
We Think F-Secure Oyj's (HEL:FSC1V) Statutory Profit Might Understate Its Earnings Potential4 weeks ago | Simply Wall St
Do Its Financials Have Any Role To Play In Driving F-Secure Oyj's (HEL:FSC1V) Stock Up Recently?Valuation
Is F-Secure Oyj undervalued compared to its fair value and its price relative to the market?
5.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FSC1V (€3.97) is trading below our estimate of fair value (€4.22)
Significantly Below Fair Value: FSC1V is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FSC1V is poor value based on its PE Ratio (62.4x) compared to the FI Software industry average (44.5x).
PE vs Market: FSC1V is poor value based on its PE Ratio (62.4x) compared to the Finnish market (28x).
Price to Earnings Growth Ratio
PEG Ratio: FSC1V is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: FSC1V is overvalued based on its PB Ratio (8.2x) compared to the FI Software industry average (8x).
Next Steps
Future Growth
How is F-Secure Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
18.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSC1V's forecast earnings growth (18.2% per year) is above the savings rate (0.3%).
Earnings vs Market: FSC1V's earnings (18.2% per year) are forecast to grow faster than the Finnish market (16.1% per year).
High Growth Earnings: FSC1V's earnings are forecast to grow, but not significantly.
Revenue vs Market: FSC1V's revenue (6.4% per year) is forecast to grow faster than the Finnish market (4.1% per year).
High Growth Revenue: FSC1V's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FSC1V's Return on Equity is forecast to be low in 3 years time (18.1%).
Next Steps
Past Performance
How has F-Secure Oyj performed over the past 5 years?
-25.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FSC1V has high quality earnings.
Growing Profit Margin: FSC1V's current net profit margins (4.9%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: FSC1V's earnings have declined by 25% per year over the past 5 years.
Accelerating Growth: FSC1V's earnings growth over the past year (317.8%) exceeds its 5-year average (-25% per year).
Earnings vs Industry: FSC1V earnings growth over the past year (317.8%) exceeded the Software industry 100.7%.
Return on Equity
High ROE: FSC1V's Return on Equity (13.9%) is considered low.
Next Steps
Financial Health
How is F-Secure Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: FSC1V's short term assets (€95.3M) do not cover its short term liabilities (€97.5M).
Long Term Liabilities: FSC1V's short term assets (€95.3M) exceed its long term liabilities (€53.6M).
Debt to Equity History and Analysis
Debt Level: FSC1V's debt to equity ratio (49.6%) is considered high.
Reducing Debt: Insufficient data to determine if FSC1V's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FSC1V's debt is well covered by operating cash flow (88.7%).
Interest Coverage: FSC1V's interest payments on its debt are well covered by EBIT (18.6x coverage).
Balance Sheet
Next Steps
Dividend
What is F-Secure Oyj current dividend yield, its reliability and sustainability?
1.33%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FSC1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FSC1V'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 FSC1V's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FSC1V's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FSC1V is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FSC1V's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Juhani Hintikka (54 yo)
0.17
Tenure
Mr. Juhani Hintikka, M.Sc. (Engineering), has been President and Chief Executive Officer at F-Secure Oyj since November 1, 2020. He had been the Chief Executive Officer, President and Member of the Executi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Independent Chairman | 14.17yrs | €80.00k | 37.92% € 233.4m | |
| President & CEO | 0.17yr | no data | no data | |
| Chief Financial Officer | 3.92yrs | no data | 0.033% € 204.8k | |
| Chief Technology Officer | 1.25yrs | no data | 0.016% € 97.2k | |
| Chief Information Officer | 4.92yrs | no data | 0.082% € 505.1k | |
| Executive Vice President of Strategy | 2yrs | no data | no data | |
| Executive Vice President of People Operations & Culture | 1.83yrs | no data | no data | |
| Executive Vice President of Consumer Security | 4.92yrs | no data | 0.018% € 113.5k | |
| Executive Vice President of Business Security | 2.83yrs | no data | 0.0017% € 10.3k | |
| Chief Research Officer | no data | no data | no data | |
| Executive Vice President of Managed Detection & Response | 2yrs | no data | no data | |
| Executive Vice President of Cyber Security Consulting | 1yr | no data | no data |
2.0yrs
Average Tenure
50yo
Average Age
Experienced Management: FSC1V's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Independent Chairman | 14.17yrs | €80.00k | 37.92% € 233.4m | |
| Independent Vice Chairman | no data | €48.00k | 0.035% € 217.9k | |
| Independent Director | 4.75yrs | €38.00k | 0.012% € 71.6k | |
| Independent Director | 3.75yrs | €38.00k | 0.0083% € 51.0k | |
| Independent Director | 1.83yrs | €38.00k | 0.010% € 62.8k | |
| Independent Director | 0.33yr | no data | no data | |
| Director | 0.33yr | no data | no data |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Board: FSC1V's board of directors are not considered experienced ( 2.8 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
F-Secure Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: F-Secure Oyj
- Ticker: FSC1V
- Exchange: HLSE
- Founded: 1988
- Industry: Systems Software
- Sector: Software
- Market Cap: €615.365m
- Shares outstanding: 158.19m
- Website: https://www.f-secure.com
Number of Employees
Location
- F-Secure Oyj
- Tammasaarenkatu 7
- PO Box 24
- Helsinki
- Uusimaa
- 181
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FSC1V | HLSE (OMX Nordic Exchange Helsinki) | Yes | Ordinary Shares | FI | EUR | Nov 1999 |
| 0EIE | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Nov 1999 |
| FSOY.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Nov 1999 |
| DTV | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 1999 |
| FSC1VH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Nov 1999 |
Biography
F-Secure Oyj provides cyber security products and services in Nordic countries, rest of Europe, North America, and internationally. Its corporate security solutions include F-Secure Radar, a vulnerability ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/27 19:17 |
| End of Day Share Price | 2021/01/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.