Incap Oyj, together with its subsidiaries, provides electronics manufacturing services in Europe, North-America, Asia, Africa, and Australia. More Details
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Undervalued with excellent balance sheet.
Share Price & News
How has Incap Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ICP1V's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ICP1V underperformed the Finnish Electronic industry which returned 11.8% over the past year.
Return vs Market: ICP1V underperformed the Finnish Market which returned -2.4% over the past year.
Price Volatility Vs. Market
How volatile is Incap Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StEstimating The Fair Value Of Incap Oyj (HEL:ICP1V)
3 weeks ago | Simply Wall StAt €18.80, Is Incap Oyj (HEL:ICP1V) Worth Looking At Closely?
1 month ago | Simply Wall StIs Incap Oyj's(HEL:ICP1V) Recent Stock Performance Tethered To Its Strong Fundamentals?
Is Incap Oyj undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ICP1V (€13.55) is trading below our estimate of fair value (€16.86)
Significantly Below Fair Value: ICP1V is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ICP1V is good value based on its PE Ratio (12.7x) compared to the FI Electronic industry average (24.2x).
PE vs Market: ICP1V is good value based on its PE Ratio (12.7x) compared to the Finnish market (21.9x).
Price to Earnings Growth Ratio
PEG Ratio: ICP1V is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: ICP1V is good value based on its PB Ratio (2.6x) compared to the FI Electronic industry average (2.9x).
How is Incap Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ICP1V's forecast earnings growth (18% per year) is above the savings rate (0.4%).
Earnings vs Market: ICP1V's earnings (18% per year) are forecast to grow faster than the Finnish market (14.5% per year).
High Growth Earnings: ICP1V's earnings are forecast to grow, but not significantly.
Revenue vs Market: ICP1V's revenue (9.1% per year) is forecast to grow faster than the Finnish market (4.6% per year).
High Growth Revenue: ICP1V's revenue (9.1% 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 ICP1V's Return on Equity is forecast to be high in 3 years time
How has Incap Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ICP1V has high quality earnings.
Growing Profit Margin: ICP1V's current net profit margins (5.7%) are lower than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: ICP1V's earnings have grown significantly by 28.7% per year over the past 5 years.
Accelerating Growth: ICP1V's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ICP1V had negative earnings growth (-42.2%) over the past year, making it difficult to compare to the Electronic industry average (-41.8%).
Return on Equity
High ROE: ICP1V's Return on Equity (20.4%) is considered high.
How is Incap Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: ICP1V's short term assets (€45.7M) exceed its short term liabilities (€28.3M).
Long Term Liabilities: ICP1V's short term assets (€45.7M) exceed its long term liabilities (€17.6M).
Debt to Equity History and Analysis
Debt Level: ICP1V's debt to equity ratio (87.9%) is considered high.
Reducing Debt: ICP1V's debt to equity ratio has reduced from 156.7% to 87.9% over the past 5 years.
Debt Coverage: ICP1V's debt is well covered by operating cash flow (30%).
Interest Coverage: ICP1V's interest payments on its debt are well covered by EBIT (12.7x coverage).
What is Incap Oyj current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ICP1V's dividend (2.58%) is higher than the bottom 25% of dividend payers in the Finnish market (2.08%).
High Dividend: ICP1V's dividend (2.58%) is low compared to the top 25% of dividend payers in the Finnish market (4.71%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether ICP1V's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ICP1V's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.9%), ICP1V's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ICP1V's dividends in 3 years are forecast to be well covered by earnings (23.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Otto Pukk (42 yo)
Mr. Otto Pukk, M.Sc. (Econ.), B.E has been Chief Executive Officer of Incap Oyj (Alternate Name: Incap Corp) since September 18, 2018 and its President. Mr. Pukk serves as Managing Director of Estonia, a s ...
CEO Compensation Analysis
Compensation vs Market: Otto's total compensation ($USD245.68K) is about average for companies of similar size in the Finnish market ($USD330.01K).
Compensation vs Earnings: Otto's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & President||2.33yrs||€210.82k||no data|
|Chief Financial Officer||1.75yrs||no data||no data|
|Member of Management Board & Director||0.92yr||no data||no data|
|Managing Director of India||no data||no data||no data|
|Secretary||no data||no data||no data|
|Secretary||7.5yrs||no data||no data|
|Finance Manager||2.75yrs||no data||no data|
Experienced Management: ICP1V's management team is considered experienced (2.3 years average tenure).
|Independent Director||0.50yr||no data||no data|
|Independent Non-Execuve Director||2.5yrs||€18.33k||no data|
|Independent Director||5.58yrs||€23.33k||0.93% |
Experienced Board: ICP1V's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Incap Oyj's company bio, employee growth, exchange listings and data sources
- Name: Incap Oyj
- Ticker: ICP1V
- Exchange: HLSE
- Founded: 1985
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: €59.148m
- Shares outstanding: 4.37m
- Website: https://incapcorp.com
Number of Employees
- Incap Oyj
- Bulevardi 21
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ICP1V||HLSE (OMX Nordic Exchange Helsinki)||Yes||Share Capital||FI||EUR||May 1997|
|0ERY||LSE (London Stock Exchange)||Yes||Share Capital||GB||EUR||May 1997|
|ICP1VH||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||EUR||May 1997|
Incap Oyj, together with its subsidiaries, provides electronics manufacturing services in Europe, North-America, Asia, Africa, and Australia. The company offers PCB assembly and manufacturing, box-build as ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 22:22|
|End of Day Share Price||2020/10/30 00:00|
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.