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VAIA

Vaisala Oyj HLSE:VAIAS Stock Report

Last Price

€40.90

Market Cap

€1.5b

7D

-9.3%

1Y

6.4%

Updated

07 Aug, 2022

Data

Company Financials +
VAIAS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends4/6

VAIAS Stock Overview

Vaisala Oyj engages in the weather and environmental, and industrial measurement business serving weather related and industrial markets.

Rewards

Earnings are forecast to grow 11.78% per year

Earnings grew by 13.8% over the past year

Risk Analysis

No risks detected for VAIAS from our risk checks.

Vaisala Oyj Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vaisala Oyj
Historical stock prices
Current Share Price€40.90
52 Week High€55.80
52 Week Low€36.30
Beta0.83
1 Month Change-4.77%
3 Month Change7.63%
1 Year Change6.37%
3 Year Change81.78%
5 Year Change102.63%
Change since IPO3,094.05%

Recent News & Updates

Aug 07
A Look At The Fair Value Of Vaisala Oyj (HEL:VAIAS)

A Look At The Fair Value Of Vaisala Oyj (HEL:VAIAS)

How far off is Vaisala Oyj ( HEL:VAIAS ) from its intrinsic value? Using the most recent financial data, we'll take a...

Jul 26
Vaisala Oyj (HEL:VAIAS) Could Easily Take On More Debt

Vaisala Oyj (HEL:VAIAS) Could Easily Take On More Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Jun 30
Why The 24% Return On Capital At Vaisala Oyj (HEL:VAIAS) Should Have Your Attention

Why The 24% Return On Capital At Vaisala Oyj (HEL:VAIAS) Should Have Your Attention

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

May 14
Does Vaisala Oyj (HEL:VAIAS) Deserve A Spot On Your Watchlist?

Does Vaisala Oyj (HEL:VAIAS) Deserve A Spot On Your Watchlist?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

VAIASFI ElectronicFI Market
7D-9.3%-5.8%-1.1%
1Y6.4%-5.7%-20.2%

Return vs Industry: VAIAS exceeded the Finnish Electronic industry which returned -5.7% over the past year.

Return vs Market: VAIAS exceeded the Finnish Market which returned -20.2% over the past year.

Price Volatility

Is VAIAS's price volatile compared to industry and market?
VAIAS volatility
VAIAS Average Weekly Movement5.5%
Electronic Industry Average Movement5.5%
Market Average Movement5.0%
10% most volatile stocks in FI Market9.0%
10% least volatile stocks in FI Market3.4%

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

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

About the Company

FoundedEmployeesCEOWebsite
19362,187Kai Oistamohttps://www.vaisala.com

Vaisala Oyj engages in the weather and environmental, and industrial measurement business serving weather related and industrial markets. The company’s products include industrial measurement systems, such as HVAC and indoor air meters, industrial transmitters, power transformer monitoring systems, probes and OEM modules, handheld meters, in-line process refractometers, biogas monitoring systems, liquid measurement systems, and viewLinc continuous monitoring systems. It also provides weather and environmental solutions, such as automatic weather stations, radiosondes and sounding systems, weather and environmental sensors, weather radars, wind lidars, visibility and present weather sensors, ceilometers, lightning sensors, air quality sensors, and road state sensors, as well as pressure, temperature, and humidity sensors; and operates an online store.

Vaisala Oyj Fundamentals Summary

How do Vaisala Oyj's earnings and revenue compare to its market cap?
VAIAS fundamental statistics
Market Cap€1.48b
Earnings (TTM)€43.60m
Revenue (TTM)€475.70m

34.0x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VAIAS income statement (TTM)
Revenue€475.70m
Cost of Revenue€211.50m
Gross Profit€264.20m
Other Expenses€220.60m
Earnings€43.60m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Oct 28, 2022

Earnings per share (EPS)1.20
Gross Margin55.54%
Net Profit Margin9.17%
Debt/Equity Ratio28.7%

How did VAIAS perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

56%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

VAIAS 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/Revenue3.2x
Enterprise Value/EBITDA18.1x
PEG Ratio2.9x

Price to Earnings Ratio vs Peers

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

VAIAS PE Ratio vs Peers
The above table shows the PE ratio for VAIAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.1x
DETEC Detection Technology Oyj
35.4x27.5%€273.3m
SCANFL Scanfil Oyj
15.2x9.6%€438.2m
ICP1V Incap Oyj
18xn/a€441.6m
OXIG Oxford Instruments
31.9x15.8%UK£1.2b
VAIAS Vaisala Oyj
34x11.8%€1.5b

Price-To-Earnings vs Peers: VAIAS is expensive based on its Price-To-Earnings Ratio (34x) compared to the peer average (25.1x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: VAIAS is expensive based on its Price-To-Earnings Ratio (34x) compared to the Finnish Electronic industry average (21.1x)


Price to Earnings Ratio vs Fair Ratio

What is VAIAS'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.

VAIAS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34x
Fair PE Ratio27x

Price-To-Earnings vs Fair Ratio: VAIAS is expensive based on its Price-To-Earnings Ratio (34x) compared to the estimated Fair Price-To-Earnings Ratio (27x).


Share Price vs Fair Value

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

Below Fair Value: VAIAS (€40.9) is trading above our estimate of fair value (€35.54)

Significantly Below Fair Value: VAIAS is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Vaisala Oyj forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VAIAS's forecast earnings growth (11.8% per year) is above the savings rate (0.2%).

Earnings vs Market: VAIAS's earnings (11.8% per year) are forecast to grow faster than the Finnish market (7.8% per year).

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

Revenue vs Market: VAIAS's revenue (4.8% per year) is forecast to grow faster than the Finnish market (1.7% per year).

High Growth Revenue: VAIAS's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VAIAS's Return on Equity is forecast to be high in 3 years time (21.1%)


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Past Performance

How has Vaisala Oyj performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VAIAS has high quality earnings.

Growing Profit Margin: VAIAS's current net profit margins (9.2%) are lower than last year (9.5%).


Past Earnings Growth Analysis

Earnings Trend: VAIAS's earnings have grown by 10.7% per year over the past 5 years.

Accelerating Growth: VAIAS's earnings growth over the past year (13.8%) exceeds its 5-year average (10.7% per year).

Earnings vs Industry: VAIAS earnings growth over the past year (13.8%) exceeded the Electronic industry 13%.


Return on Equity

High ROE: VAIAS's Return on Equity (19.3%) is considered low.


Discover strong past performing companies

Financial Health

How is Vaisala 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: VAIAS's short term assets (€223.0M) exceed its short term liabilities (€173.9M).

Long Term Liabilities: VAIAS's short term assets (€223.0M) exceed its long term liabilities (€17.3M).


Debt to Equity History and Analysis

Debt Level: VAIAS's net debt to equity ratio (7.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if VAIAS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: VAIAS's debt is well covered by operating cash flow (77.5%).

Interest Coverage: VAIAS's interest payments on its debt are well covered by EBIT (53.3x coverage).


Balance Sheet


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Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.66%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VAIAS's dividend (1.66%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (2.33%).

High Dividend: VAIAS's dividend (1.66%) is low compared to the top 25% of dividend payers in the Finnish market (4.88%).


Stability and Growth of Payments

Stable Dividend: VAIAS's dividends per share have been stable in the past 10 years.

Growing Dividend: VAIAS's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56.4%), VAIAS's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (72%), VAIAS'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?

5.9yrs

Average management tenure


CEO

Kai Oistamo (58 yo)

1.83yrs

Tenure

€979,000

Compensation

Mr. Kai Olavi Öistämö serves as Independent Director at Nokia Oyj since April 05, 2022. He has been President and Chief Executive Officer of Vaisala Oyj since October 1, 2020. He served as an Independent D...


CEO Compensation Analysis

Compensation vs Market: Kai's total compensation ($USD994.31K) is below average for companies of similar size in the Finnish market ($USD1.54M).

Compensation vs Earnings: Kai's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: VAIAS's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: VAIAS's board of directors are considered experienced (5.9 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

Vaisala Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: Vaisala Oyj
  • Ticker: VAIAS
  • Exchange: HLSE
  • Founded: 1936
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Implied Market Cap: €1.482b
  • Shares outstanding: 36.23m
  • Website: https://www.vaisala.com

Number of Employees


Location

  • Vaisala Oyj
  • Vanha NurmijAerventie 21
  • Vantaa
  • Uusimaa
  • 1670
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/06/30
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.