Nurminen Logistics Oyj
Market Cap
€85.6m
Last Updated
2021/06/12 18:35 UTC
Data Sources
Company Financials
Executive Summary
Nurminen Logistics Oyj provides logistics services in Finland, Russia, and Baltic countries. More Details
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Nurminen Logistics Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NLG1V is more volatile than 90% of Finnish stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: NLG1V's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Finnish stocks.
Market Performance
7 Day Return
2.2%
NLG1V
0.4%
FI Logistics
0.2%
FI Market
1 Year Return
377.3%
NLG1V
88.3%
FI Logistics
33.8%
FI Market
Return vs Industry: NLG1V exceeded the Finnish Logistics industry which returned 88.3% over the past year.
Return vs Market: NLG1V exceeded the Finnish Market which returned 33.8% over the past year.
Shareholder returns
| NLG1V | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 0.4% | 0.2% |
| 30 Day | 11.1% | 10.4% | 4.5% |
| 90 Day | 39.2% | 23.0% | 7.3% |
| 1 Year | 377.3%377.3% | 94.8%88.3% | 40.1%33.8% |
| 3 Year | 135.7%135.7% | 94.8%79.2% | 38.1%16.7% |
| 5 Year | 203.5%69.9% | 158.9%122.0% | 95.1%55.8% |
Long-Term Price Volatility Vs. Market
How volatile is Nurminen Logistics Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Investors Who Bought Nurminen Logistics Oyj (HEL:NLG1V) Shares A Year Ago Are Now Up 379%2 months ago | Simply Wall St
Is Nurminen Logistics Oyj (HEL:NLG1V) Using Too Much Debt?7 months ago | Simply Wall St
Is It Too Late To Consider Buying Nurminen Logistics Oyj (HEL:NLG1V)?Valuation
Is Nurminen Logistics Oyj undervalued compared to its fair value and its price relative to the market?
21.52x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NLG1V's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NLG1V's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NLG1V is unprofitable, so we can't compare its PE Ratio to the European Logistics industry average.
PE vs Market: NLG1V is unprofitable, so we can't compare its PE Ratio to the Finnish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NLG1V's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NLG1V is overvalued based on its PB Ratio (21.5x) compared to the XE Logistics industry average (3.1x).
Future Growth
How is Nurminen Logistics Oyj forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.3%
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nurminen Logistics Oyj has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Nurminen Logistics Oyj performed over the past 5 years?
-28.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NLG1V is currently unprofitable.
Growing Profit Margin: NLG1V is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NLG1V is unprofitable, and losses have increased over the past 5 years at a rate of 28% per year.
Accelerating Growth: Unable to compare NLG1V's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NLG1V is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (15.7%).
Return on Equity
High ROE: NLG1V has a negative Return on Equity (-20.55%), as it is currently unprofitable.
Financial Health
How is Nurminen Logistics Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: NLG1V's short term assets (€15.0M) exceed its short term liabilities (€13.4M).
Long Term Liabilities: NLG1V's short term assets (€15.0M) do not cover its long term liabilities (€39.0M).
Debt to Equity History and Analysis
Debt Level: NLG1V's debt to equity ratio (222.7%) is considered high.
Reducing Debt: NLG1V's debt to equity ratio has reduced from 231.5% to 222.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NLG1V has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NLG1V has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17.7% each year
Dividend
What is Nurminen Logistics Oyj current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NLG1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NLG1V's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NLG1V's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NLG1V's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NLG1V is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NLG1V's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Olli Pohjanvirta (53 yo)
1.08yrs
Tenure
€443,652
Compensation
Mr. Olli Pohjanvirta, LL.M. serves as Chief Executive Officer at Nurminen Logistics Oyj since November 13, 2020. He serves as Senior Advisor at Pontos Oy. Mr. Pohjanvirta has been Managing Director of Russ...
CEO Compensation Analysis
Compensation vs Market: Olli's total compensation ($USD536.65K) is above average for companies of similar size in the Finnish market ($USD321.30K).
Compensation vs Earnings: Olli's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: NLG1V's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Experienced Board: NLG1V's board of directors are considered experienced (3 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 been substantially diluted in the past year, with total shares outstanding growing by 66.2%.
Top Shareholders
Company Information
Nurminen Logistics Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nurminen Logistics Oyj
- Ticker: NLG1V
- Exchange: HLSE
- Founded: 1886
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: €85.640m
- Shares outstanding: 74.15m
- Website: https://www.nurminenlogistics.com
Number of Employees
Location
- Nurminen Logistics Oyj
- Satamakaari 24
- Helsinki
- Uusimaa
- 980
- Finland
Listings
Biography
Nurminen Logistics Oyj provides logistics services in Finland, Russia, and Baltic countries. The company provides forwarding, cargo handling, and value added services, as well as railway transport and rela...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/12 18:35 |
| End of Day Share Price | 2021/06/11 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.