company background image
ACG1

Aspocomp Group Oyj HLSE:ACG1V Stock Report

Last Price

€5.90

Market Cap

€40.4m

7D

-0.3%

1Y

37.2%

Updated

29 Jun, 2022

Data

Company Financials +
ACG1V fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends3/6

ACG1V Stock Overview

Aspocomp Group Oyj manufactures and sells printed circuit boards (PCBs) in Finland, Europe, and internationally.

Aspocomp Group Oyj Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Aspocomp Group Oyj
Historical stock prices
Current Share Price€5.90
52 Week High€6.78
52 Week Low€4.21
Beta0.65
1 Month Change0%
3 Month Change0%
1 Year Change37.21%
3 Year Change11.74%
5 Year Change114.55%
Change since IPO-95.63%

Recent News & Updates

Shareholder Returns

ACG1VFI ElectronicFI Market
7D-0.3%3.4%1.0%
1Y37.2%3.5%-17.7%

Return vs Industry: ACG1V exceeded the Finnish Electronic industry which returned 2.9% over the past year.

Return vs Market: ACG1V exceeded the Finnish Market which returned -17% over the past year.

Price Volatility

Is ACG1V's price volatile compared to industry and market?
ACG1V volatility
ACG1V Average Weekly Movement4.7%
Electronic Industry Average Movement5.9%
Market Average Movement5.3%
10% most volatile stocks in FI Market8.4%
10% least volatile stocks in FI Market3.4%

Stable Share Price: ACG1V is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ACG1V's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999140Mikko Montonenhttps://aspocomp.com

Aspocomp Group Oyj manufactures and sells printed circuit boards (PCBs) in Finland, Europe, and internationally. It offers high speed digital, advanced high density interconnection, high layer count multilayer, and high frequency PCBs, as well as PCBs with component cooling. The company’s PCB’s are used in various applications in automotive, semiconductor industry, telecommunication infrastructure, and industrial electronics as well as security, and defense and aerospace sectors.

Aspocomp Group Oyj Fundamentals Summary

How do Aspocomp Group Oyj's earnings and revenue compare to its market cap?
ACG1V fundamental statistics
Market Cap€40.36m
Earnings (TTM)€3.33m
Revenue (TTM)€35.95m

12.1x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ACG1V income statement (TTM)
Revenue€35.95m
Cost of Revenue€18.14m
Gross Profit€17.81m
Other Expenses€14.48m
Earnings€3.33m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 20, 2022

Earnings per share (EPS)0.49
Gross Margin49.53%
Net Profit Margin9.26%
Debt/Equity Ratio20.4%

How did ACG1V perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

31%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is ACG1V undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ACG1V?

Other financial metrics that can be useful for relative valuation.

ACG1V key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA8.2x
PEG Ratio1.1x

Price to Earnings Ratio vs Peers

How does ACG1V's PE Ratio compare to its peers?

ACG1V PE Ratio vs Peers
The above table shows the PE ratio for ACG1V vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.2x
TLT1V Teleste
20.5x36.2%€70.9m
BOREO Boreo Oyj
23x17.1%€105.9m
DETEC Detection Technology Oyj
30.5x20.1%€284.3m
3441 Unique Opto-ElectronicsLtd
26.6xn/aNT$1.3b
ACG1V Aspocomp Group Oyj
12.1x10.8%€40.4m

Price-To-Earnings vs Peers: ACG1V is good value based on its Price-To-Earnings Ratio (12.1x) compared to the peer average (25.2x).


Price to Earnings Ratio vs Industry

How does ACG1V's PE Ratio compare vs other companies in the European Electronic Industry?

Price-To-Earnings vs Industry: ACG1V is good value based on its Price-To-Earnings Ratio (12.1x) compared to the Finnish Electronic industry average (19.6x)


Price to Earnings Ratio vs Fair Ratio

What is ACG1V's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ACG1V PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.1x
Fair PE Ratio19.8x

Price-To-Earnings vs Fair Ratio: ACG1V is good value based on its Price-To-Earnings Ratio (12.1x) compared to the estimated Fair Price-To-Earnings Ratio (19.8x).


Share Price vs Fair Value

What is the Fair Price of ACG1V when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ACG1V (€5.9) is trading below our estimate of fair value (€7.91)

Significantly Below Fair Value: ACG1V is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: ACG1V is poor value based on its PEG Ratio (1.1x)


Discover undervalued companies

Future Growth

How is Aspocomp Group Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACG1V's forecast earnings growth (10.8% per year) is above the savings rate (0.2%).

Earnings vs Market: ACG1V's earnings (10.8% per year) are forecast to grow faster than the Finnish market (7.9% per year).

High Growth Earnings: ACG1V's earnings are forecast to grow, but not significantly.

Revenue vs Market: ACG1V's revenue (8.5% per year) is forecast to grow faster than the Finnish market (1.9% per year).

High Growth Revenue: ACG1V's revenue (8.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ACG1V's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Aspocomp Group Oyj performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-6.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ACG1V has high quality earnings.

Growing Profit Margin: ACG1V became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ACG1V's earnings have declined by 6.2% per year over the past 5 years.

Accelerating Growth: ACG1V has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ACG1V has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (33%).


Return on Equity

High ROE: ACG1V's Return on Equity (16.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Aspocomp Group Oyj's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ACG1V's short term assets (€15.1M) exceed its short term liabilities (€6.7M).

Long Term Liabilities: ACG1V's short term assets (€15.1M) exceed its long term liabilities (€3.1M).


Debt to Equity History and Analysis

Debt Level: ACG1V's net debt to equity ratio (9.3%) is considered satisfactory.

Reducing Debt: ACG1V's debt to equity ratio has increased from 0.8% to 20.4% over the past 5 years.

Debt Coverage: ACG1V's debt is well covered by operating cash flow (75.8%).

Interest Coverage: ACG1V's interest payments on its debt are well covered by EBIT (31.5x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Aspocomp Group Oyj current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.54%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ACG1V's dividend (2.54%) is higher than the bottom 25% of dividend payers in the Finnish market (2.46%).

High Dividend: ACG1V's dividend (2.54%) is low compared to the top 25% of dividend payers in the Finnish market (4.95%).


Stability and Growth of Payments

Stable Dividend: ACG1V has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ACG1V's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.3%), ACG1V's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (67.8%), ACG1V's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.1yrs

Average management tenure


CEO

Mikko Montonen (56 yo)

8.08yrs

Tenure

€282,000

Compensation

Mr. Mikko Montonen, M.Sc. (Tech.) has been the President, Chief Executive Officer and Chairman of Management Team at Aspocomp Group Oyj since May 15, 2014 and has been its Member of Management Team since 2...


CEO Compensation Analysis

Compensation vs Market: Mikko's total compensation ($USD295.26K) is about average for companies of similar size in the Finnish market ($USD286.66K).

Compensation vs Earnings: Mikko's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ACG1V's management team is seasoned and experienced (8.1 years average tenure).


Board Members

Experienced Board: ACG1V's board of directors are considered experienced (4.2 years average tenure).


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

Aspocomp Group Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: Aspocomp Group Oyj
  • Ticker: ACG1V
  • Exchange: HLSE
  • Founded: 1999
  • Industry: Electronic Components
  • Sector: Tech
  • Implied Market Cap: €40.364m
  • Shares outstanding: 6.84m
  • Website: https://aspocomp.com

Number of Employees


Location

  • Aspocomp Group Oyj
  • Keilaranta 1
  • Espoo
  • Uusimaa
  • 2150
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.