HLSE:VAIAS

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Vaisala Oyj's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.9%

HLSE:VAIAS

2.5%

FI Electronic

1.3%

FI Market


1 Year Return

21.2%

HLSE:VAIAS

12.6%

FI Electronic

-1.6%

FI Market

VAIAS outperformed the Electronic industry which returned 12.6% over the past year.

VAIAS outperformed the Market in Finland which returned -1.6% over the past year.


Share holder returns

VAIASIndustryMarket
7 Day3.9%2.5%1.3%
30 Day7.0%6.3%4.2%
90 Day3.4%3.6%2.2%
1 Year25.2%21.2%16.0%12.6%2.9%-1.6%
3 Year54.9%42.2%59.3%47.4%31.7%16.5%
5 Year158.8%120.3%140.9%105.8%56.3%26.6%

Price Volatility Vs. Market

How volatile is Vaisala Oyj's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vaisala Oyj undervalued based on future cash flows and its price relative to the stock market?

33.94x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Vaisala Oyj's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Vaisala Oyj's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Vaisala Oyj is overvalued based on earnings compared to the FI Electronic industry average.

Vaisala Oyj is overvalued based on earnings compared to the Finland market.


Price Based on Expected Growth

Vaisala Oyj is poor value based on expected growth next year.


Price Based on Value of Assets

Vaisala Oyj is overvalued based on assets compared to the FI Electronic industry average.


Next Steps

Future Growth

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

9.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Vaisala Oyj's revenue is expected to grow by 4.5% yearly, however this is not considered high growth (20% yearly).

Vaisala Oyj's earnings are expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).

Vaisala Oyj's revenue growth is expected to exceed the Finland market average.

Vaisala Oyj's earnings growth is positive but not above the Finland market average.

Vaisala Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.


Earnings per Share Growth Estimates


Future Return on Equity

Vaisala Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Vaisala Oyj performed over the past 5 years?

11.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Vaisala Oyj's year on year earnings growth rate has been positive over the past 5 years.

Vaisala Oyj's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Vaisala Oyj's 1-year earnings growth is negative, it can't be compared to the FI Electronic industry average.


Return on Equity

Vaisala Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Vaisala Oyj used its assets less efficiently than the FI Electronic industry average last year based on Return on Assets.


Return on Capital Employed

Vaisala Oyj's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Vaisala Oyj's financial position?


Financial Position Analysis

Vaisala Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Vaisala Oyj's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Vaisala Oyj's level of debt (24%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Vaisala Oyj's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (103.7%, greater than 20% of total debt).

Vaisala Oyj earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 4.4x debt.


Next Steps

Dividend

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

2.80%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Vaisala Oyj's pays a higher dividend yield than the bottom 25% of dividend payers in Finland (2.3%).

Vaisala Oyj's dividend is below the markets top 25% of dividend payers in Finland (5.04%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.7x coverage).


Next Steps

Management

What is the CEO of Vaisala Oyj's salary, the management and board of directors tenure and is there insider trading?

5.9yrs

Average management tenure


CEO

Kjell Forsén (61yo)

12.9yrs

Tenure

€1,585,000

Compensation

Mr. Kjell Forsén,Lic.Sc. (Technology) has been Chairman of Business Management Group and Chief Executive Officer at Vaisala Oyj since October 01, 2006. and also serves as its President. Mr. Forsén served a ...


CEO Compensation Analysis

Kjell's remuneration is higher than average for companies of similar size in Finland.

Kjell's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

5.9yrs

Average Tenure

54.5yo

Average Age

The average tenure for the Vaisala Oyj management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

3.0yrs

Average Tenure

55yo

Average Age

The average tenure for the Vaisala Oyj board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Kjell Forsén (61yo)

    CEO & President

    • Tenure: 12.9yrs
    • Compensation: €1.59m
  • Paula Liimatta

    Business Controller & Head of Investor Relations

    • Tenure: 0yrs
  • Jarkko Sairanen (56yo)

    Executive Vice President of Weather & Environment

    • Tenure: 3.3yrs
  • Mari Heusala (53yo)

    Executive Vice President of Human Resources

    • Tenure: 0.7yrs
  • Vesa Pylvänäinen (49yo)

    Executive Vice President of Operations

    • Tenure: 8.3yrs
  • Kaarina Muurinen (61yo)

    Chief Financial Officer

    • Tenure: 8yrs
  • Riina Kirmanen (51yo)

    Senior Vice President of Marketing

    • Tenure: 0yrs
  • Sampsa Lahtinen (56yo)

    Executive Vice President of Industrial Measurements

    • Tenure: 5.9yrs
  • Katriina Vainio (52yo)

    Executive VP

    • Tenure: 2.7yrs

Board Members

  • Raimo Voipio (64yo)

    Chairman of the Board

    • Tenure: 25.7yrs
    • Compensation: €48.00k
  • Tuomas Syrjänen (43yo)

    Independent Director

    • Tenure: 0.5yrs
  • Jukka Rinnevaara (58yo)

    Independent Director

    • Tenure: 0.5yrs
  • Kaarina Ståhlberg (53yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: €43.00k
  • Ville Voipio (45yo)

    Vice Chairman of the Board

    • Tenure: 0.7yrs
    • Compensation: €35.00k
  • Petra Lundström (53yo)

    Independent Director

    • Tenure: 5.5yrs
    • Compensation: €35.00k
  • Petri Castrén (57yo)

    Director

    • Tenure: 2.5yrs
    • Compensation: €43.00k
  • Pertti Torstila (73yo)

    Independent Director

    • Tenure: 5.5yrs
    • Compensation: €35.00k

Company Information

Vaisala Oyj's company bio, 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
  • Market Cap: €819.875m
  • Shares outstanding: 35.88m
  • Website: https://www.vaisala.com

Number of Employees


Location

  • Vaisala Oyj
  • Vanha Nurmijärventie 21
  • Vantaa
  • 1670
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VAIASHLSE (OMX Nordic Exchange Helsinki)YesSeries A SharesFIEURMar 1992
VAIA.FOTCPK (Pink Sheets LLC)YesSeries A SharesUSUSDMar 1992
0GEGLSE (London Stock Exchange)YesSeries A SharesGBEURMar 1992
VAIASHBATS-CHIXE (BATS 'Chi-X Europe')YesSeries A SharesGBEURMar 1992
VAYADB (Deutsche Boerse AG)YesSeries A SharesDEEURMar 1992

Biography

Vaisala Oyj engages in the environmental and industrial measurement business serving weather related and industrial markets. The company operates through two business areas, Weather and Environment and Ind ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 20:46
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.