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Siili Solutions Oyj

HLSE:SIILI
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SIILI
HLSE
€67M
Market Cap
  1. Home
  2. FI
  3. Software
Company description

Siili Solutions Oyj provides design, software development, and data management services in Finland and internationally. The last earnings update was 165 days ago. More info.


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SIILI Share Price and Events
7 Day Returns
14%
HLSE:SIILI
-4%
FI IT
-1.4%
FI Market
1 Year Returns
-19.7%
HLSE:SIILI
-18.5%
FI IT
-5%
FI Market
SIILI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Siili Solutions Oyj (SIILI) 14% 8.6% 9.1% -19.7% 27.3% 120.7%
FI IT -4% -7.9% -12.5% -18.5% -14.6% 118.2%
FI Market -1.4% -2.6% -1.7% -5% 11.9% 24%
1 Year Return vs Industry and Market
  • SIILI underperformed the IT industry which returned -18.5% over the past year.
  • SIILI underperformed the Market in Finland which returned -5% over the past year.
Price Volatility
SIILI
Industry
5yr Volatility vs Market
Related Companies

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Siili Solutions Oyj to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Siili Solutions Oyj.

HLSE:SIILI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year FI Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for HLSE:SIILI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FI Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.5%
IT Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.959 (1 + (1- 20%) (20.22%))
1.076
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (1.076 * 6.51%)
7.55%

Discounted Cash Flow Calculation for HLSE:SIILI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Siili Solutions Oyj is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

HLSE:SIILI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.55%)
2020 6.30 Analyst x1 5.86
2021 7.20 Analyst x1 6.22
2022 8.10 Analyst x1 6.51
2023 7.90 Analyst x1 5.91
2024 7.77 Est @ -1.59% 5.40
2025 7.70 Est @ -0.95% 4.98
2026 7.66 Est @ -0.5% 4.60
2027 7.65 Est @ -0.19% 4.27
2028 7.65 Est @ 0.03% 3.97
2029 7.66 Est @ 0.18% 3.70
Present value of next 10 years cash flows €51.43
HLSE:SIILI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €7.66 × (1 + 0.54%) ÷ (7.55% – 0.54%)
€109.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €109.94 ÷ (1 + 7.55%)10
€53.11
HLSE:SIILI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €51.43 + €53.11
€104.54
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €104.54 / 7.00
€14.93
HLSE:SIILI Discount to Share Price
Calculation Result
Value per share (EUR) From above. €14.93
Current discount Discount to share price of €9.60
= -1 x (€9.60 - €14.93) / €14.93
35.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Siili Solutions Oyj is available for.
Intrinsic value
36%
Share price is €9.6 vs Future cash flow value of €14.93
Current Discount Checks
For Siili Solutions Oyj to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Siili Solutions Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Siili Solutions Oyj's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Siili Solutions Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Siili Solutions Oyj's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
HLSE:SIILI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.23
HLSE:SIILI Share Price ** HLSE (2019-08-16) in EUR €9.6
Europe IT Industry PE Ratio Median Figure of 144 Publicly-Listed IT Companies 19.78x
Finland Market PE Ratio Median Figure of 105 Publicly-Listed Companies 19.65x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Siili Solutions Oyj.

HLSE:SIILI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= HLSE:SIILI Share Price ÷ EPS (both in EUR)

= 9.6 ÷ 0.23

42.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Siili Solutions Oyj is overvalued based on earnings compared to the Europe IT industry average.
  • Siili Solutions Oyj is overvalued based on earnings compared to the Finland market.
Price based on expected Growth
Does Siili Solutions Oyj's expected growth come at a high price?
Raw Data
HLSE:SIILI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 42.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
29.2%per year
Europe IT Industry PEG Ratio Median Figure of 83 Publicly-Listed IT Companies 1.39x
Finland Market PEG Ratio Median Figure of 91 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

HLSE:SIILI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 42.56x ÷ 29.2%

1.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Siili Solutions Oyj is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Siili Solutions Oyj's assets?
Raw Data
HLSE:SIILI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €2.81
HLSE:SIILI Share Price * HLSE (2019-08-16) in EUR €9.6
Finland IT Industry PB Ratio Median Figure of 6 Publicly-Listed IT Companies 4.25x
Finland Market PB Ratio Median Figure of 142 Publicly-Listed Companies 1.96x
HLSE:SIILI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= HLSE:SIILI Share Price ÷ Book Value per Share (both in EUR)

= 9.6 ÷ 2.81

3.42x

* Primary Listing of Siili Solutions Oyj.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Siili Solutions Oyj is good value based on assets compared to the FI IT industry average.
X
Value checks
We assess Siili Solutions Oyj's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Siili Solutions Oyj has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
29.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Siili Solutions Oyj expected to grow at an attractive rate?
  • Siili Solutions Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Siili Solutions Oyj's earnings growth is expected to exceed the Finland market average.
  • Siili Solutions Oyj's revenue growth is expected to exceed the Finland market average.
Annual Growth Rates Comparison
Raw Data
HLSE:SIILI Future Growth Rates Data Sources
Data Point Source Value (per year)
HLSE:SIILI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 29.2%
HLSE:SIILI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 7.6%
Finland IT Industry Earnings Growth Rate Market Cap Weighted Average 11.9%
Finland IT Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
Finland Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Finland Market Revenue Growth Rate Market Cap Weighted Average 2.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
HLSE:SIILI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
HLSE:SIILI Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 10
2022-12-31 97 10 7 1
2021-12-31 93 9 6 1
2020-12-31 87 8 5 1
2019-12-31 81 7 4 1
HLSE:SIILI Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 70 2 2
2018-09-30 67 2 3
2018-06-30 63 1 4
2018-03-31 60 3 4
2017-12-31 58 5 4
2017-09-30 56 6 4
2017-06-30 54 8 4
2017-03-31 51 7 3
2016-12-31 48 5 3
2016-09-30 47 4 3
2016-06-30 45 3 3
2016-03-31 43 3 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Siili Solutions Oyj's earnings are expected to grow significantly at over 20% yearly.
  • Siili Solutions Oyj's revenue is expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
HLSE:SIILI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Siili Solutions Oyj Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:SIILI Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 1.02 1.02 1.02 1.00
2021-12-31 0.85 0.85 0.85 1.00
2020-12-31 0.71 0.71 0.71 1.00
2019-12-31 0.50 0.50 0.50 1.00
HLSE:SIILI Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.23
2018-09-30 0.38
2018-06-30 0.52
2018-03-31 0.54
2017-12-31 0.59
2017-09-30 0.56
2017-06-30 0.54
2017-03-31 0.51
2016-12-31 0.48
2016-09-30 0.45
2016-06-30 0.41
2016-03-31 0.41

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Siili Solutions Oyj is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Siili Solutions Oyj's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Finland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Finland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Siili Solutions Oyj has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Siili Solutions Oyj performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Siili Solutions Oyj's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Siili Solutions Oyj's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Siili Solutions Oyj's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Siili Solutions Oyj's 1-year earnings growth is negative, it can't be compared to the Europe IT industry average.
Earnings and Revenue History
Siili Solutions Oyj's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Siili Solutions Oyj Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:SIILI Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 70.38 1.58 2.19
2018-09-30 66.71 2.70 1.88
2018-06-30 62.88 3.65 1.37
2018-03-31 60.34 3.81 1.37
2017-12-31 57.97 4.13 1.56
2017-09-30 55.82 3.90 1.28
2017-06-30 53.66 3.68 0.99
2017-03-31 51.04 3.43 0.99
2016-12-31 48.42 3.18 0.99
2016-09-30 46.65 2.88 0.92
2016-06-30 44.88 2.58 0.84
2016-03-31 43.39 2.52 0.84
2015-12-31 41.90 2.46 0.84
2015-09-30 39.72 2.49 0.66
2015-06-30 37.55 2.52 0.47
2015-03-31 33.52 2.14 0.47
2014-12-31 29.50 1.76 0.47
2014-09-30 25.86 1.04 0.41
2014-06-30 22.21 0.82 0.34
2014-03-31 20.51 0.93 0.34
2013-12-31 18.80 1.04 0.34
2013-09-30 18.29 0.92 0.35
2013-06-30 17.78 0.80 0.37
2013-03-31 16.92 0.78 0.37
2012-12-31 16.06 0.76 0.37
2012-09-30 15.23 0.74 0.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Siili Solutions Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Siili Solutions Oyj used its assets less efficiently than the Europe IT industry average last year based on Return on Assets.
  • Siili Solutions Oyj's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Siili Solutions Oyj's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Siili Solutions Oyj has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Siili Solutions Oyj's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Siili Solutions Oyj's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Siili Solutions Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Siili Solutions Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Siili Solutions Oyj's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Siili Solutions Oyj Company Filings, last reported 7 months ago.

HLSE:SIILI Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 19.65 13.59 10.05
2018-09-30 19.65 13.59 10.05
2018-06-30 19.35 0.59 3.98
2018-03-31 19.35 0.59 3.98
2017-12-31 20.75 0.78 8.95
2017-09-30 20.75 0.78 8.95
2017-06-30 18.36 0.97 8.24
2017-03-31 18.36 0.97 8.24
2016-12-31 18.01 1.17 9.72
2016-09-30 18.01 1.17 9.72
2016-06-30 15.94 1.36 4.61
2016-03-31 15.94 1.36 4.61
2015-12-31 11.34 1.55 4.91
2015-09-30 11.34 1.55 4.91
2015-06-30 8.84 1.86 1.49
2015-03-31 8.84 1.86 1.49
2014-12-31 7.68 1.94 3.87
2014-09-30 9.26 1.95 3.87
2014-06-30 5.08 0.00 0.96
2014-03-31 5.08 0.00 0.96
2013-12-31 4.60 0.00 2.58
2013-09-30 4.60 0.00 2.58
2013-06-30 3.60 0.00 1.32
2013-03-31 3.60 0.00 1.32
2012-12-31 2.84 0.00 2.13
2012-09-30 2.84 0.00 2.13
  • Siili Solutions Oyj's level of debt (69.2%) compared to net worth is high (greater than 40%).
  • Unable to establish if Siili Solutions Oyj's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (15.7%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 37.4x coverage).
X
Financial health checks
We assess Siili Solutions Oyj's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Siili Solutions Oyj has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.67%
Current annual income from Siili Solutions Oyj dividends. Estimated to be 4.76% next year.
If you bought €2,000 of Siili Solutions Oyj shares you are expected to receive €33 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Siili Solutions Oyj's pays a lower dividend yield than the bottom 25% of dividend payers in Finland (2.42%).
  • Siili Solutions Oyj's dividend is below the markets top 25% of dividend payers in Finland (5.33%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
HLSE:SIILI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe IT Industry Average Dividend Yield Market Cap Weighted Average of 102 Stocks 1.8%
Finland Market Average Dividend Yield Market Cap Weighted Average of 100 Stocks 4.5%
Finland Minimum Threshold Dividend Yield 10th Percentile 1.6%
Finland Bottom 25% Dividend Yield 25th Percentile 2.4%
Finland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

HLSE:SIILI Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.55 1.00
2020-12-31 0.48 1.00
2019-12-31 0.34 1.00
HLSE:SIILI Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-05 0.160 1.822
2019-02-27 0.160 1.810
2018-03-02 0.390 3.842
2018-02-27 0.390 3.302
2017-03-08 0.300 2.646
2017-02-28 0.300 3.126
2016-03-02 0.233 2.976
2016-02-25 0.233 3.120
2015-03-06 0.157 2.387
2015-02-27 0.157 2.556
2014-03-05 0.137 3.160
2014-02-27 0.137 3.327
2013-03-14 0.110 3.405
2013-03-07 0.110 3.845

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Siili Solutions Oyj has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Siili Solutions Oyj only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Siili Solutions Oyj's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Siili Solutions Oyj's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Siili Solutions Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Siili Solutions Oyj has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Timo Luhtaniemi
COMPENSATION €281,138
AGE 56
TENURE AS CEO 1.6 years
CEO Bio

Mr. Timo Luhtaniemi served as Senior Vice President of Finland at Inwido AB until March 31, 2017. Mr. Luhtaniemi served as the Chief Executive Officer of Inwido Finland, a subsidiary of Inwido AB since 2007. He served as Chief Executive Officer of Oral Hammaslääkärit Plc (Endero Oyj) from March 28, 2002 to 2005 and also served its Deputy Managing Director. From 2000 to 2002 he served as Deputy Chief Executive Officer of Endero Finland Oy. He served as Deputy Chief Executive Officer of Siili Solutions Oy from 2005 to 2006. He serves as Cheif Executive Officer at Siili Solutions Oyj since 1.1.2018. He served as Chairman of Siili Solutions Oy and has been its Director since 2008. He serves as a Member of the Board of Directors of Päätoimija Oy. Mr. Luhtaniemi holds Master of Science in engineering from Helsinki University of Technology and Master of Business Administration from Helsinki School of Economics.

CEO Compensation
  • Timo's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Timo's remuneration is higher than average for companies of similar size in Finland.
Management Team Tenure

Average tenure and age of the Siili Solutions Oyj management team in years:

1.6
Average Tenure
45
Average Age
  • The average tenure for the Siili Solutions Oyj management team is less than 2 years, this suggests a new team.
Management Team

Timo Luhtaniemi

TITLE
Chief Executive Officer
COMPENSATION
€281K
AGE
56
TENURE
1.6 yrs

Aleksi Kankainen

TITLE
Chief Financial Officer
AGE
42
TENURE
0.9 yrs

Kari Pirttikangas

TITLE
Chief Operating Officer
AGE
49

Erkka Niemi

TITLE
Chief Technology Officer
AGE
44

Antonia Plorin

TITLE
Head of Administration
TENURE
3.2 yrs

Andreas Strandman

TITLE
Director of Investor Relations

Hanna Seppänen

TITLE
General Counsel
AGE
45
TENURE
1 yrs

Antti Kiukas

TITLE
Chief Marketing Officer
AGE
37

Kristiina Burtsoff

TITLE
Chief Human Resource Officer
AGE
45
TENURE
2.6 yrs

Pasi Ropponen

TITLE
Senior Vice President of Key Accounts
AGE
46
Board of Directors Tenure

Average tenure and age of the Siili Solutions Oyj board of directors in years:

1.6
Average Tenure
51.5
Average Age
  • The average tenure for the Siili Solutions Oyj board of directors is less than 3 years, this suggests a new board.
Board of Directors

Harry Brade

TITLE
Chairman of the Board
COMPENSATION
€46K
AGE
50
TENURE
1.6 yrs

Anu Nissinen

TITLE
Director
COMPENSATION
€35K
AGE
56
TENURE
5.6 yrs

Kati Hagros

TITLE
Director
COMPENSATION
€23K
AGE
49

Marko Somerma

TITLE
Independent Director
AGE
53
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Siili Solutions Oyj's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Siili Solutions Oyj has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Investor Owns Most Of Siili Solutions Oyj (HEL:SIILI)?

We can see that Siili Solutions Oyj does have institutional investors; and they hold 38% of the stock. … Insider Ownership Of Siili Solutions Oyj The definition of company insiders can be subjective, and does vary between jurisdictions. … Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual.

Simply Wall St -

Does Siili Solutions Oyj (HEL:SIILI) Have A Place In Your Dividend Stock Portfolio?

Is Siili Solutions Oyj (HEL:SIILI) a good dividend stock? … Investors might not know much about Siili Solutions Oyj's dividend prospects, even though it has been paying dividends for the last six years and offers a 1.8% yield. … With a cash payout ratio of 245%, Siili Solutions Oyj's dividend payments are poorly covered by cash flow.

Simply Wall St -

Should Siili Solutions Oyj (HEL:SIILI) Be Disappointed With Their 98% Profit?

To wit, the Siili Solutions Oyj share price has climbed 98% in five years, easily topping the market return of 30% (ignoring dividends). … Over half a decade, Siili Solutions Oyj managed to grow its earnings per share at 1.3% a year. … As it happens, Siili Solutions Oyj's TSR for the last 5 years was 125%, which exceeds the share price return mentioned earlier.

Simply Wall St -

Shareholders Should Look Hard At Siili Solutions Oyj’s (HEL:SIILI) 8.3% Return On Capital

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Siili Solutions Oyj: 0.083 = €2.7m ÷ (€49m - €16m) (Based on the trailing twelve months to December 2018.) So, Siili Solutions Oyj has an ROCE of 8.3%. … Do Siili Solutions Oyj's Current Liabilities Skew Its ROCE? … Siili Solutions Oyj has a medium level of current liabilities, which would boost its ROCE somewhat.

Simply Wall St -

Should Siili Solutions Oyj (HEL:SIILI) Focus On Improving This Fundamental Metric?

View our latest analysis for Siili Solutions Oyj How Do I Calculate Return On Equity? … The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Siili Solutions Oyj: 8.0% = €1.6m ÷ €20m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Siili Solutions Oyj's Debt And Its 8.0% ROE Although Siili Solutions Oyj does use debt, its debt to equity ratio of 0.69 is still low.

Simply Wall St -

What Percentage Of Siili Solutions Oyj (HEL:SIILI) Shares Do Insiders Own?

A look at the shareholders of Siili Solutions Oyj (HEL:SIILI) can tell us which group is most powerful. … Siili Solutions Oyj is a smaller company with a market capitalization of €63m, so it may still be flying under the radar of many institutional investors. … We can zoom in on the different ownership groups, to learn more about SIILI

Simply Wall St -

Does Siili Solutions Oyj (HEL:SIILI) Have A Particularly Volatile Share Price?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

Is Siili Solutions Oyj (HEL:SIILI) A Good Dividend Stock?

Historically, Siili Solutions Oyj (HEL:SIILI) has paid dividends to shareholders, and these days it yields 1.9%. … Let's dig deeper into whether Siili Solutions Oyj should have a place in your portfolio. … See our latest analysis for Siili Solutions Oyj

Simply Wall St -

The Siili Solutions Oyj (HEL:SIILI) Share Price Has Gained 122%, So Why Not Pay It Some Attention?

One great example is Siili Solutions Oyj (HEL:SIILI) which saw its share price drive 122% higher over five years. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … During five years of share price growth, Siili Solutions Oyj achieved compound earnings per share (EPS) growth of 1.3% per year.

Simply Wall St -

Are Siili Solutions Oyj's (HEL:SIILI) Interest Costs Too High?

While small-cap stocks, such as Siili Solutions Oyj (HEL:SIILI) with its market cap of €61m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St -

Company Info

Description

Siili Solutions Oyj provides design, software development, and data management services in Finland and internationally. The company offers technology platforms, information management services, and architecture and project management services; and digital services, including strategic insight, design, software development, and data management services. It also provides lean, design thinking, and co-creation services, as well as analytics and big data, bootstrapping, and integration services. The company was founded in 2005 and is based in Helsinki, Finland.

Details
Name: Siili Solutions Oyj
SIILI
Exchange: HLSE
Founded: 2005
€67,203,033
7,000,316
Website: http://www.siili.com
Address: Siili Solutions Oyj
Porkkalankatu 24,
Helsinki,
Uusimaa, 00180,
Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE SIILI A Shares OMX Nordic Exchange Helsinki FI EUR 15. Oct 2012
Number of employees
Current staff
Staff numbers
0
Siili Solutions Oyj employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/17 21:34
End of day share price update: 2019/08/16 00:00
Last estimates confirmation: 2019/08/15
Last earnings filing: 2019/03/05
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.