F-Secure Oyj
Market Cap
€504.9m
Last Updated
2020/02/16 20:50 UTC
Data Sources
Company Financials +
Executive Summary
F-Secure Oyj provides cyber security and protection services in Nordic countries, rest of Europe, North America, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with proven track record.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.8%
FSC1V
2.1%
FI Software
0.3%
FI Market
1 Year Return
29.8%
FSC1V
32.9%
FI Software
11.1%
FI Market
Return vs Industry: FSC1V exceeded the Finnish Software industry which returned 16.5% over the past year.
Return vs Market: FSC1V exceeded the Finnish Market which returned 11% over the past year.
Shareholder returns
| FSC1V | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | 2.1% | 0.3% |
| 30 Day | -4.6% | 5.4% | 2.6% |
| 90 Day | 1.1% | 19.8% | 9.6% |
| 1 Year | 29.8%29.8% | 33.6%32.9% | 16.2%11.1% |
| 3 Year | 1.6%-3.0% | 15.1%10.9% | 36.2%19.9% |
| 5 Year | 37.9%18.5% | -2.0%-8.4% | 50.2%21.5% |
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
1 week ago | Simply Wall St
The F-Secure Oyj (HEL:FSC1V) Share Price Is Up 33% And Shareholders Are Holding On3 weeks ago | Simply Wall St
What Percentage Of F-Secure Oyj (HEL:FSC1V) Shares Do Insiders Own?1 month ago | Simply Wall St
Does F-Secure Oyj (HEL:FSC1V) Have A Healthy Balance Sheet?Valuation
Is F-Secure Oyj undervalued compared to its fair value and its price relative to the market?
6.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FSC1V (€3.2) is trading below our estimate of fair value (€3.41)
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 (150x) compared to the Software industry average (70.9x).
PE vs Market: FSC1V is poor value based on its PE Ratio (150x) compared to the Finnish market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: FSC1V is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: FSC1V is overvalued based on its PB Ratio (6.6x) compared to the FI Software industry average (5.2x).
Next Steps
Future Growth
How is F-Secure Oyj forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
45.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSC1V's forecast earnings growth (45.1% per year) is above the savings rate (-0.1%).
Earnings vs Market: FSC1V's earnings (45.1% per year) are forecast to grow faster than the Finnish market (10% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FSC1V's revenue (6.7% per year) is forecast to grow faster than the Finnish market (0.08% per year).
High Growth Revenue: FSC1V's revenue (6.7% 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 high in 3 years time (20.3%)
Next Steps
Past Performance
How has F-Secure Oyj performed over the past 5 years?
-35.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FSC1V has high quality earnings.
Growing Profit Margin: FSC1V's current net profit margins (1.5%) are higher than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: FSC1V's earnings have declined by -35.3% per year over the past 5 years.
Accelerating Growth: FSC1V's earnings growth over the past year (298.7%) exceeds its 5-year average (-35.3% per year).
Earnings vs Industry: FSC1V earnings growth over the past year (298.7%) exceeded the Software industry 8.1%.
Return on Equity
High ROE: FSC1V's Return on Equity (4.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is F-Secure Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: FSC1V's short term assets (€85.2M) do not cover its short term liabilities (€98.8M).
Long Term Liabilities: FSC1V's short term assets (€85.2M) exceed its long term liabilities (€54.4M).
Debt to Equity History and Analysis
Debt Level: FSC1V's debt to equity ratio (40.7%) 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 (59.6%).
Interest Coverage: FSC1V's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
Inventory Level: FSC1V has a low level of unsold assets or inventory.
Debt Coverage by Assets: FSC1V's debt is covered by short term assets (assets are 2.7x debt).
Next Steps
Dividend
What is F-Secure Oyj's current dividend yield, its reliability and sustainability?
1.88%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate FSC1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FSC1V's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
2.1yrs
Average management tenure
CEO
Samu Konttinen (46yo)
3.5yrs
Tenure
€466,770
Compensation
Mr. Samu Konttinen has been the Chief Executive Officer and President of F-Secure Oyj since August 1, 2016 and serves as its Managing Director. Mr. Konttinen served as an Executive Vice President of Corpor ...
CEO Compensation Analysis
Compensation vs Market: Samu's total compensation ($USD506.09K) is about average for companies of similar size in the Finnish market ($USD529.24K).
Compensation vs Earnings: Samu's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Independent Chairman | 13.3yrs | €80.00k | 38.01% €191.9m | |
| President | 3.5yrs | €466.77k | 0.065% €325.7k | |
| Chief Financial Officer | 3yrs | no data | 0.033% €168.4k | |
| Chief Technology Officer | 0.3yrs | no data | 0.0098% €49.6k | |
| Chief Information Officer | 4yrs | no data | 0.076% €385.1k | |
| Executive Vice President of Strategy | 1.1yrs | no data | no data | |
| Executive Vice President of People Operations & Culture | 0.9yrs | no data | no data | |
| Executive Vice President of Consumer Cyber Security Business Unit | 4yrs | no data | 0.012% €63.0k | |
| Executive Vice President of Business Cyber Security | 1.9yrs | no data | 0.0017% €8.4k | |
| Executive Vice President of Cyber Security Consulting | 2.1yrs | no data | 0.040% €200.0k |
2.1yrs
Average Tenure
48.5yo
Average Age
Experienced Management: FSC1V's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Independent Chairman | 13.3yrs | €80.00k | 38.01% €191.9m | |
| Independent Vice Chairman | 0yrs | €48.00k | 0.036% €179.5k | |
| Independent Director | 3.8yrs | €38.00k | 0.0077% €38.9k | |
| Independent Director | 2.8yrs | €38.00k | 0.0043% €21.9k | |
| Independent Director | 0.9yrs | €38.00k | no data | |
| Non-Independent Director | 0.9yrs | €12.67k | no data |
2.8yrs
Average Tenure
51.5yo
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: €504.918m
- Shares outstanding: 157.79m
- 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 and protection services in Nordic countries, rest of Europe, North America, and internationally. Its corporate security solutions include F-Secure Radar, a vulnerability scanning and management platform; phishd, an anti-phishing behavior management platform; F-Secure Protection Service for Business, a cloud-hosted endpoint security; F-Secure Business Suite, an on-site deployed endpoint security; F-Secure Cloud Protection for Salesforce, a content level security for Salesforce’s customers; F-Secure Rapid Detection and Response, a customer or partner managed endpoint detection and response solution for detecting and responding to targeted attacks; F-Secure Rapid Detection and Response Service, a managed detection and response service; and Countercept, an advanced threat hunting and continuous response capabilities against targeted attacks delivered as a managed service. The company also provides cyber security services comprising F-Secure cyber incident and resilience services, F-Secure security assessments, F-Secure red team testing, and F-Secure cyber risk management. In addition, it offers consumer security solutions, including F-Secure SAFE, an antivirus and Internet security solution; F-Secure KEY, a password manager; F-Secure FREEDOME, a VPN that hides online activity to ensure anonymous and secure Internet browsing; F-Secure SENSE, a security solution for connected home devices; F-Secure Internet Security for secure Internet surfing with browsing protection; and F-Secure Anti-Virus, a malware removal technology software. F-Secure Oyj serves consumers and business customers through a network of approximately 200 telecommunications operators, as well as through thousands of IT service and retail partners. F-Secure Oyj was founded in 1988 and is headquartered in Helsinki, Finland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 20:50 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| 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.