Finnair Oyj provides passenger and cargo airline services to various destinations between Asia and Europe.
Fair value with moderate growth potential.
Share Price & News
How has Finnair Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FIA1S has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FIA1S underperformed the Finnish Airlines industry which returned -14.4% over the past year.
Return vs Market: FIA1S underperformed the Finnish Market which returned 3% over the past year.
Price Volatility Vs. Market
How volatile is Finnair Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StFinnair Oyj Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
2 weeks ago | Simply Wall StWhy Finnair Oyj’s (HEL:FIA1S) Return On Capital Employed Looks Uninspiring
1 month ago | Simply Wall StThree Things You Should Check Before Buying Finnair Oyj (HEL:FIA1S) For Its Dividend
Is Finnair Oyj undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FIA1S (€5.18) is trading above our estimate of fair value (€1.78)
Significantly Below Fair Value: FIA1S is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FIA1S is poor value based on its PE Ratio (10.7x) compared to the Airlines industry average (8.8x).
PE vs Market: FIA1S is good value based on its PE Ratio (10.7x) compared to the Finnish market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: FIA1S is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: FIA1S is good value based on its PB Ratio (0.7x) compared to the XE Airlines industry average (1.7x).
How is Finnair Oyj forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FIA1S's forecast earnings growth (18.5% per year) is above the savings rate (-0.1%).
Earnings vs Market: FIA1S's earnings (18.5% per year) are forecast to grow faster than the Finnish market (9.6% per year).
High Growth Earnings: FIA1S's earnings are forecast to grow, but not significantly.
Revenue vs Market: FIA1S's revenue (3.7% per year) is forecast to grow faster than the Finnish market (0.05% per year).
High Growth Revenue: FIA1S's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FIA1S's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Finnair Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FIA1S has high quality earnings.
Growing Profit Margin: FIA1S's current net profit margins (2%) are lower than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: FIA1S has become profitable over the past 5 years, growing earnings by 33.6% per year.
Accelerating Growth: FIA1S's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FIA1S had negative earnings growth (-30.4%) over the past year, making it difficult to compare to the Airlines industry average (-17%).
Return on Equity
High ROE: FIA1S's Return on Equity (7.7%) is considered low.
How is Finnair Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: FIA1S's short term assets (€1.2B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: FIA1S's short term assets (€1.2B) do not cover its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: FIA1S's debt to equity ratio (53.9%) is considered high.
Reducing Debt: FIA1S's debt to equity ratio has reduced from 59.5% to 53.9% over the past 5 years.
Debt Coverage: FIA1S's debt is well covered by operating cash flow (108.4%).
Interest Coverage: FIA1S's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Inventory Level: FIA1S has a high level of physical assets or inventory.
Debt Coverage by Assets: FIA1S's debt is covered by short term assets (assets are 2.4x debt).
What is Finnair Oyj's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: FIA1S's dividend (3.86%) is higher than the bottom 25% of dividend payers in the Finnish market (2.24%).
High Dividend: FIA1S's dividend (3.86%) is low compared to the top 25% of dividend payers in the Finnish market (4.85%).
Stability and Growth of Payments
Stable Dividend: FIA1S has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FIA1S's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.2%), FIA1S's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FIA1S's dividends in 3 years are forecast to be well covered by earnings (33.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Topi Manner (45yo)
Mr. Topi Manner has been Supervisory Board Member at Ilmarinen Mutual Pension Insurance Company since March 28, 2019. He has been President and Chief Executive Officer at Finnair Oyj since January 01, 2019 ...
CEO Compensation Analysis
Compensation vs Market: Topi's total compensation ($USD834.91K) is above average for companies of similar size in the Finnish market ($USD606.55K).
Compensation vs Earnings: Insufficient data to compare Topi's compensation with company performance.
|CFO & Member of Executive Board||0.6yrs||no data||0.0066% €43.3k|
|Senior VP||9.5yrs||no data||0.043% €281.9k|
|Senior VP of Corporate Communications & Corporate Responsibility and Member of The Executive Board||9.1yrs||no data||0.071% €471.1k|
|Senior VP of Customer Experience & Member of Executive Board||0yrs||no data||0.0059% €38.7k|
|Senior VP of Operations & Member of Executive Board||3.9yrs||no data||0.0051% €34.0k|
|Chief Commercial Officer & Member of Executive Board||0.8yrs||no data||no data|
|Senior VP of Strategy & Member of Executive Board||0.8yrs||no data||no data|
|Senior VP of People & Culture and Member of Executive Board||0.3yrs||no data||no data|
|Vice President of Group Accounting and Taxation||0yrs||no data||no data|
Experienced Management: FIA1S's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
|Representative Member of Management Board & Chairman of The Finnairin Insinooritry||0yrs||no data||no data|
|Representative Member of Management Board & Chairman of The Finnairin Tekniset Ry||0yrs||no data||no data|
|Independent Chairman of the Board||2.9yrs||€77.91k||no data|
|Independent Vice Chairman||2.9yrs||€55.98k||no data|
|Independent Director||5.9yrs||€40.90k||no data|
|Independent Director||2.9yrs||€44.78k||no data|
|Chairman of the Finnairin Teknisetry||0yrs||no data||no data|
|Independent Director||1.9yrs||€47.40k||no data|
|Independent Director||1.9yrs||€47.40k||no data|
Experienced Board: FIA1S's board of directors are not considered experienced ( 2.9 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.
Finnair Oyj's company bio, employee growth, exchange listings and data sources
- Name: Finnair Oyj
- Ticker: FIA1S
- Exchange: HLSE
- Founded: 1923
- Industry: Airlines
- Sector: Transportation
- Market Cap: €660.884m
- Shares outstanding: 127.58m
- Website: https://company.finnair.com
Number of Employees
- Finnair Oyj
- Tietotie 9 A
- Helsinki Airport
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FIA1S||HLSE (OMX Nordic Exchange Helsinki)||Yes||Registered Shares||FI||EUR||Jan 1992|
|FAI||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Jan 1992|
|FNNN.F||OTCPK (Pink Sheets LLC)||Yes||Registered Shares||US||USD||Jan 1992|
|0EG8||LSE (London Stock Exchange)||Yes||Registered Shares||GB||EUR||Jan 1992|
|FIA1SH||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Registered Shares||GB||EUR||Jan 1992|
Finnair Oyj provides passenger and cargo airline services to various destinations between Asia and Europe. It also offers tours packages under its Aurinkomatkat and Finnair Holidays brands. As of December 31, 2019, the company operated a fleet of 59 aircraft, which included 32 owned by Finnair Aircraft Finance Oy, and 27 under lease. In addition, it provides technical, travel, catering, and financial business services. The company was founded in 1923 and is based in Vantaa, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 20:36|
|End of Day Share Price||2020/02/26 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.