Vincit Oyj
Market Cap
€61.2m
Last Updated
2019/10/18 21:58 UTC
Data Sources
Company Financials +
Executive Summary
Vincit Oyj provides software development services.
Snowflake
Fundamentals
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has Vincit Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
13.1%
VINCIT
0.4%
FI Software
2.3%
FI Market
1 Year Return
-16.4%
VINCIT
9.6%
FI Software
4.9%
FI Market
Return vs Industry: VINCIT underperformed the Finnish Software industry which returned 9.6% over the past year.
Return vs Market: VINCIT underperformed the Finnish Market which returned 4.9% over the past year.
Shareholder returns
| VINCIT | Industry | Market | |
|---|---|---|---|
| 7 Day | 13.1% | 0.4% | 2.3% |
| 30 Day | 10.9% | -3.1% | 0.4% |
| 90 Day | 8.5% | 6.4% | 2.6% |
| 1 Year | -12.4%-16.4% | 10.3%9.6% | 9.8%4.9% |
| 3 Year | -19.9%-26.2% | -10.0%-13.3% | 29.2%13.9% |
| 5 Year | n/a | 1.7%-4.0% | 61.2%30.3% |
Price Volatility Vs. Market
How volatile is Vincit 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
Does The Data Make Vincit Oyj (HEL:VINCIT) An Attractive Investment?3 weeks ago | Simply Wall St
Is Vincit Oyj (HEL:VINCIT) A Good Dividend Stock?1 month ago | Simply Wall St
Is Vincit Oyj's (HEL:VINCIT) 9.9% ROE Better Than Average?Valuation
Is Vincit Oyj undervalued compared to its fair value and its price relative to the market?
33.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: VINCIT (€5.1) is trading below our estimate of fair value (€7.69)
Significantly Undervalued: VINCIT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: VINCIT is good value based on its PE Ratio (36.9x) compared to the Software industry average (46.6x).
PE vs Market: VINCIT is poor value based on its PE Ratio (36.9x) compared to the Finnish market (20.3x).
Price to Earnings Growth Ratio
Low PEG Ratio: VINCIT is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: VINCIT is good value based on its PB Ratio (3x) compared to the FI Software industry average (4.7x).
Next Steps
Future Growth
How is Vincit Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
26.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VINCIT's forecast earnings growth (26.1% per year) is above the savings rate (0.5%).
Earnings vs Market: VINCIT's earnings (26.1% per year) are forecast to grow faster than the Finnish market (13.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VINCIT's revenue (8.1% per year) is forecast to grow faster than the Finnish market (2.1% per year).
High Growth Revenue: VINCIT's revenue (8.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if VINCIT's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Vincit Oyj performed over the past 5 years?
21.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: VINCIT's earnings have grown significantly by 21.5% per year over the past 5 years.
Accelerating Growth: VINCIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VINCIT had negative earnings growth (-75.5%) over the past year, making it difficult to compare to the Software industry average (9.1%).
Return on Equity
High ROE: VINCIT's Return on Equity (9.9%) is considered low.
Return on Assets
ROA vs Industry: VINCIT has a higher Return on Assets than the Software industry average last year.
Return on Capital Employed
ROCE Improving: VINCIT's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Vincit Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: VINCIT's short term assets (€15.8M) exceeds its short term liabilities (€9.9M)
Long Term Liabilities: VINCIT's short term assets (15.8M) exceeds its long term liabilities (554.0K)
Debt to Equity History and Analysis
Debt Level: VINCIT's debt to equity ratio (7.8%) is considered satisfactory
Reducing Debt: Insufficient data to determine if VINCIT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VINCIT's debt is well covered by operating cash flow (188.6%).
Interest Coverage: VINCIT's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
Inventory Level: VINCIT has a low level of unsold assets or inventory.
Debt Coverage by Assets: VINCIT's debt is covered by short term assets (assets are 9.530220x debt).
Next Steps
Dividend
What is Vincit Oyj's current dividend yield, its reliability and sustainability?
2.74%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: VINCIT's dividend (2.75%) is higher than the bottom 25% of dividend payers in the Finnish market (2.29%).
High Dividend: VINCIT's dividend (2.75%) is low compared to the top 25% of dividend payers in the Finnish market (5.08%).
Stable Dividend: Whilst dividend payments have been stable, VINCIT has been paying a dividend for less than 10 years.
Growing Dividend: VINCIT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (101.4%), VINCIT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Vincit Oyj's salary, the management and board of directors tenure and is there insider trading?
CEO
Tomi Pienimäki (46yo)
0yrs
Tenure
Mr. Tomi Pienimäki has been Technology Director and Chief Information Officer of Itella Oyj since 2005. Mr. Pienimäki served as a Vice President and Member of Management Board at Itella Corporation. Mr. Pi ...
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
Tomi Pienimäki (46yo)
Chief Executive Officer
- Tenure: 0yrs
Mikko Kuitunen (39yo)
Member of the Management Board
- Tenure: 0yrs
Jussi Haverinen (43yo)
Director of ICT Services
- Tenure: 0yrs
Johanna Pystynen (35yo)
Director of Human Resources & Member of the Management Board
- Tenure: 0yrs
Niklas Wasenius (44yo)
Chief Financial Officer
- Tenure: 1yrs
Board Members
Niemi Petri (58yo)
Chairman of the Board
- Tenure: 0yrs
Mikko Kuitunen (39yo)
Member of the Management Board
- Tenure: 0yrs
Jussi Haverinen (43yo)
Director of ICT Services
- Tenure: 0yrs
Company Information
Vincit Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vincit Oyj
- Ticker: VINCIT
- Exchange: HLSE
- Founded:
- Industry: Application Software
- Sector: Software
- Market Cap: €61.155m
- Shares outstanding: 11.99m
- Website: https://www.vincit.fi
Location
- Vincit Oyj
- Visiokatu 1
- Tampere
- Pirkanmaa
- 33720
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VINCIT | HLSE (OMX Nordic Exchange Helsinki) | Yes | Vo Shares | FI | EUR | Oct 2016 |
Biography
Vincit Oyj provides software development services. It offers electronic services and information systems; browser-based HTML5 services and mobile applications for smartphone platforms; develops measurement ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/18 21:58 |
| End of Day Share Price | 2019/10/18 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.