HLSE:HEEROS

Stock Analysis Report

Executive Summary

Heeros Oyj provides cloud-based financial management solutions.

Snowflake

Fundamentals

Reasonable growth potential and slightly overvalued.

Risks

  • Heeros Oyj's last earnings update was 220 days ago.
  • Heeros Oyj is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.8%

HEEROS

1.2%

FI Software

-0.07%

FI Market


1 Year Return

-7.6%

HEEROS

4.2%

FI Software

-3.6%

FI Market

HEEROS underperformed the Software industry which returned 4.2% over the past year.

HEEROS underperformed the Market in Finland which returned -3.6% over the past year.


Share holder returns

HEEROSIndustryMarket
7 Day-1.8%1.2%-0.07%
30 Day-1.8%8.8%3.0%
90 Day0.9%13.3%1.8%
1 Year-7.6%-7.6%4.8%4.2%0.8%-3.6%
3 Yearn/a-12.1%-15.1%28.4%13.4%
5 Yearn/a-3.2%-9.2%57.2%27.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

39%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Heeros Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).

Heeros Oyj's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Heeros Oyj is loss making, we can't compare its value to the FI Software industry average.

Heeros Oyj is loss making, we can't compare the value of its earnings to the Finland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Heeros Oyj, we can't assess if its growth is good value.


Price Based on Value of Assets

Heeros Oyj is good value based on assets compared to the FI Software industry average.


Next Steps

Future Growth

How is Heeros Oyj expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

79.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Heeros Oyj's revenue is expected to grow by 11% yearly, however this is not considered high growth (20% yearly).

Heeros Oyj's earnings are expected to grow significantly at over 20% yearly.

Heeros Oyj's revenue growth is expected to exceed the Finland market average.

Heeros Oyj's earnings growth is expected to exceed the Finland market average.

Heeros Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.


Earnings per Share Growth Estimates


Future Return on Equity

Heeros Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Heeros Oyj performed over the past 5 years?

-39.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Heeros Oyj does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

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

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


Return on Equity

It is difficult to establish if Heeros Oyj has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

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


Return on Capital Employed

It is difficult to establish if Heeros 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 Heeros Oyj's financial position?


Financial Position Analysis

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

Heeros Oyj's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Heeros Oyj's level of debt (84.2%) compared to net worth is high (greater than 40%).

Unable to establish if Heeros Oyj's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1x debt.


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.

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

Unable to confirm if Heeros Oyj has at least 1 year of cash runway based on growing free cash flows without relevant data.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

Unable to evaluate Heeros 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 Heeros Oyj has not reported any payouts.

Unable to verify if Heeros 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 Heeros 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 Heeros Oyj's salary, the management and board of directors tenure and is there insider trading?


CEO

Matti Lattu 0

0yrs

Tenure

0

Mr. Matti Lattu serves as Chief Executive Officer and Managing Director of Heeros Oyj. 


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Matti Lattu

    MD & CEO

    • Tenure: 0yrs

Board Members

    Company Information

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


    Key Information

    • Name: Heeros Oyj
    • Ticker: HEEROS
    • Exchange: HLSE
    • Founded:
    • Industry: Application Software
    • Sector: Software
    • Market Cap: €9.483m
    • Shares outstanding: 4.35m
    • Website: https://www.heeros.com

    Location

    • Heeros Oyj
    • Televisiokatu 4
    • Helsinki
    • Uusimaa
    • 240
    • Finland

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    HEEROSHLSE (OMX Nordic Exchange Helsinki)YesShare CapitalFIEURNov 2016
    HERDB (Deutsche Boerse AG)YesShare CapitalDEEURNov 2016

    Biography

    Heeros Oyj provides cloud-based financial management solutions. The company offers automated solutions for purchase invoice workflow, invoice OCR processing, e-invoicing, e-archiving, SEPA payments, payabl ...


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2019/09/21 21:45
    End of Day Share Price2019/09/20 00:00
    Earnings2018/12/31
    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.