SSH Communications Security Oyj
Market Cap
€55.9m
Last Updated
2019/10/22 20:36 UTC
Data Sources
Company Financials +
Executive Summary
SSH Communications Security Oyj provides enterprise cybersecurity solutions for organizations to access, secure, and control data, applications, and services worldwide.
Snowflake
Fundamentals
High growth potential with adequate balance sheet.
Share Price & News
How has SSH Communications Security Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
4.3%
SSH1V
1.1%
FI Software
1.6%
FI Market
1 Year Return
-15.3%
SSH1V
26.5%
FI Software
9.2%
FI Market
Return vs Industry: SSH1V underperformed the Finnish Software industry which returned 26.5% over the past year.
Return vs Market: SSH1V underperformed the Finnish Market which returned 9.2% over the past year.
Shareholder returns
| SSH1V | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 1.1% | 1.6% |
| 30 Day | 5.1% | -1.4% | 1.5% |
| 90 Day | -0.7% | 6.5% | 1.8% |
| 1 Year | -15.3%-15.3% | 27.3%26.5% | 14.4%9.2% |
| 3 Year | -40.7%-40.7% | -3.7%-7.2% | 29.9%14.4% |
| 5 Year | -42.4%-42.4% | 2.6%-3.2% | 61.2%30.2% |
Price Volatility Vs. Market
How volatile is SSH Communications Security Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
SSH Communications Security Oyj (HEL:SSH1V): Is Breakeven Near?4 weeks ago | Simply Wall St
Could The SSH Communications Security Oyj (HEL:SSH1V) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
SSH Communications Security Oyj (HEL:SSH1V) Has Debt But No Earnings; Should You Worry?Valuation
Is SSH Communications Security Oyj undervalued compared to its fair value and its price relative to the market?
41.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SSH1V (€1.44) is trading below our estimate of fair value (€2.46)
Significantly Below Fair Value: SSH1V is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SSH1V is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: SSH1V 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 SSH1V's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SSH1V is overvalued based on its PB Ratio (4.8x) compared to the FI Software industry average (4.8x).
Next Steps
Future Growth
How is SSH Communications Security Oyj forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
82.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSH1V is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: SSH1V is forecast to become profitable over the next 3 year, which is considered above average market growth.
High Growth Earnings: SSH1V's loss is forecast to worsen by 0% next year.
Revenue vs Market: SSH1V's revenue (12.4% per year) is forecast to grow faster than the Finnish market (2% per year).
High Growth Revenue: SSH1V's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SSH1V's Return on Equity is forecast to be high in 3 years time (30.7%)
Next Steps
Past Performance
How has SSH Communications Security Oyj performed over the past 5 years?
-1.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SSH1V is unprofitable, and losses have increased over the past 5 years at a rate of -1.5% per year.
Accelerating Growth: Unable to compare SSH1V's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SSH1V is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (9.1%).
Return on Equity
High ROE: SSH1V has a negative Return on Equity (-3.94%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: SSH1V is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: SSH1V is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is SSH Communications Security Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: SSH1V's short term assets (€14.6M) exceeds its short term liabilities (€7.4M)
Long Term Liabilities: SSH1V's short term assets (14.6M) exceeds its long term liabilities (800.0K)
Debt to Equity History and Analysis
Debt Level: SSH1V's debt to equity ratio (4.8%) is considered satisfactory
Reducing Debt: Insufficient data to determine if SSH1V's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Inventory Level: SSH1V has a low level of unsold assets or inventory.
Debt Coverage by Assets: SSH1V's debt is covered by short term assets (assets are 24.333330x 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.
Stable Cash Runway: SSH1V has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SSH1V has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is SSH Communications Security Oyj's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate SSH1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SSH1V's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if SSH1V's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SSH1V's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SSH1V is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SSH1V's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
Next Steps
Management
What is the CEO of SSH Communications Security Oyj's salary, the management and board of directors tenure and is there insider trading?
1.6yrs
Average management tenure
CEO
Kaisa Olkkonen (55yo)
2.8yrs
Tenure
Ms. Kaisa Olkkonen, LL.M., has been the Chief Executive Officer of SSH Communications Security Oyj since January 1, 2017 and served as its Chairman from April 20, 2016 to January 5, 2017. Ms. Olkkonen is a ...
CEO Compensation Analysis
Compensation vs. Market: Kaisa's total compensation ($USD215.56K) is about average for companies of similar size in the Finnish market ($USD0.00).
Compensation vs Earnings: Kaisa's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
1.6yrs
Average Tenure
48yo
Average Age
Experienced Management: SSH1V's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Age and Tenure
1.6yrs
Average Tenure
49yo
Average Age
Experienced Board: SSH1V's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Tatu Ylönen (51yo)
Founder
- Tenure: 24.8yrs
- Compensation: €27.50k
Sami Ahvenniemi (47yo)
Chief Customer Officer
- Tenure: 0.8yrs
Markku Rossi (49yo)
Chief Technology Officer
- Tenure: 4.7yrs
Simo Karkkulainen (38yo)
Chief Marketing Officer
- Tenure: 0.8yrs
Joe Scaff (38yo)
Chief Sales Officer
- Tenure: 0.8yrs
Niklas Nordström (40yo)
Chief Financial Officer
- Tenure: 1.6yrs
Markku Karppi
General Counsel
- Tenure: 4.8yrs
Kaisa Olkkonen (55yo)
Chief Executive Officer
- Tenure: 2.8yrs
Jussi Löppönen (56yo)
Head of the NQX Business
- Tenure: 0yrs
Timo Lilja
Head of Engineering
- Tenure: 0.6yrs
Board Members
Tatu Ylönen (51yo)
Founder
- Tenure: 24.8yrs
- Compensation: €27.50k
Timo Syrjälä (61yo)
Director
- Tenure: 5yrs
- Compensation: €28.00k
Petri Kuivala (49yo)
Chairman of the Board
- Tenure: 1.6yrs
- Compensation: €31.25k
Sam Curry (47yo)
Director
- Tenure: 1.6yrs
- Compensation: €22.50k
Anne Zettlemoyer (39yo)
Director
- Tenure: 1.6yrs
- Compensation: €22.50k
Sauli Kiuru
Vice Chairman of the Board
- Tenure: 0.3yrs
Company Information
SSH Communications Security Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: SSH Communications Security Oyj
- Ticker: SSH1V
- Exchange: HLSE
- Founded: 1995
- Industry: Systems Software
- Sector: Software
- Market Cap: €55.875m
- Shares outstanding: 38.80m
- Website: https://www.ssh.com
Number of Employees
Location
- SSH Communications Security Oyj
- Kornetintie 8
- Helsinki
- Uusimaa
- 380
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SSH1V | HLSE (OMX Nordic Exchange Helsinki) | Yes | Ordinary Shares | FI | EUR | Dec 2000 |
| 0MKQ | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Dec 2000 |
Biography
SSH Communications Security Oyj provides enterprise cybersecurity solutions for organizations to access, secure, and control data, applications, and services worldwide. Its products include PrivX that offe ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 20:36 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.