BATS-CHIXE:TRH1VH

Stock Analysis Report

Executive Summary

Trainers’ House Oyj, a change management company, provides marketing and training services in Finland and Spain.


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TRH1VH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.0%

TRH1VH

0.3%

GB Professional Services

-0.2%

GB Market


1 Year Return

-12.4%

TRH1VH

24.5%

GB Professional Services

6.1%

GB Market

Return vs Industry: TRH1VH underperformed the UK Professional Services industry which returned 24.5% over the past year.

Return vs Market: TRH1VH underperformed the UK Market which returned 6.1% over the past year.


Shareholder returns

TRH1VHIndustryMarket
7 Day-1.0%0.3%-0.2%
30 Day-5.3%4.0%-1.8%
90 Day13.9%12.6%4.0%
1 Year-9.5%-12.4%27.4%24.5%11.8%6.1%
3 Yearn/a57.9%47.3%17.5%2.6%
5 Yearn/a110.5%85.8%34.8%3.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Trainers’ House Oyj undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TRH1VH (€0.39) is trading below our estimate of fair value (€14.08)

Significantly Below Fair Value: TRH1VH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TRH1VH is good value based on its PE Ratio (7.8x) compared to the Professional Services industry average (21.3x).

PE vs Market: TRH1VH is good value based on its PE Ratio (7.8x) compared to the UK market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TRH1VH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TRH1VH is good value based on its PB Ratio (0.9x) compared to the GB Professional Services industry average (3x).


Next Steps

Future Growth

How is Trainers’ House Oyj forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.6%

Forecasted Commercial Services 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 Trainers’ House 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.


Next Steps

Past Performance

How has Trainers’ House Oyj performed over the past 5 years?

50.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRH1VH has high quality earnings.

Growing Profit Margin: TRH1VH's current net profit margins (10%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: TRH1VH has become profitable over the past 5 years, growing earnings by 50.7% per year.

Accelerating Growth: TRH1VH's earnings growth over the past year (103%) exceeds its 5-year average (50.7% per year).

Earnings vs Industry: TRH1VH earnings growth over the past year (103%) exceeded the Professional Services industry 16%.


Return on Equity

High ROE: TRH1VH's Return on Equity (12%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Trainers’ House Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: TRH1VH's short term assets (€4.0M) exceed its short term liabilities (€2.1M).

Long Term Liabilities: TRH1VH's short term assets (€4.0M) exceed its long term liabilities (€2.2M).


Debt to Equity History and Analysis

Debt Level: TRH1VH is debt free.

Reducing Debt: TRH1VH has no debt compared to 5 years ago when its debt to equity ratio was 148.4%.


Balance Sheet

Inventory Level: TRH1VH has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TRH1VH's debt is covered by short term assets.


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: TRH1VH is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: TRH1VH is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Trainers’ House Oyj's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.8%markettop25%5.1%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate TRH1VH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TRH1VH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TRH1VH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TRH1VH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TRH1VH is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TRH1VH's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.0yrs

Average board tenure


CEO

Arto Heimonen (55yo)

7.1yrs

Tenure

0

Mr. Arto Heimonen has been the Chief Executive Officer at Trainers’ House Oyj since January 9, 2013. Mr. Heimonen served as the Chief Executive Officer of Ignis Services at Trainers’ House Oyj until Januar ...


Board Members

NamePositionTenureCompensationOwnership
Jari Sarasvuo
Marketing Director & Director7.1yrsno data36.92% 3.1m
Jarmo Hyökyvaara
Director8.9yrsno data0.56% 47.5k
Aarne Aktan
Chairman13.1yrsno datano data
Nina Ignatius
Director3.1yrsno datano data

8.0yrs

Average Tenure

51.5yo

Average Age

Experienced Board: TRH1VH's board of directors are considered experienced (8 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

Trainers’ House Oyj's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trainers’ House Oyj
  • Ticker: TRH1VH
  • Exchange: BATS-CHIXE
  • Founded: 1990
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: €8.503m
  • Shares outstanding: 21.47m
  • Website: https://www.trainershouse.fi

Number of Employees


Location

  • Trainers’ House Oyj
  • Tammasaarenlaituri 3
  • Helsinki
  • Uusimaa
  • 180
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRH1VHLSE (OMX Nordic Exchange Helsinki)YesRegistered SharesFIEURMar 2000
0J7ALSE (London Stock Exchange)YesRegistered SharesGBEURMar 2000
IV9ADB (Deutsche Boerse AG)YesRegistered SharesDEEURMar 2000
TRH1VHBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURMar 2000

Biography

Trainers’ House Oyj, a change management company, provides marketing and training services in Finland and Spain. The company offers sales directors, sales, negotiation skills, presentation skills, and digital sales training programs to executives, supervisors, and other professionals for personal growth. It also provides sales and marketing solutions. The company was founded in 1990 and is headquartered in Helsinki, Finland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 19:42
End of Day Share Price2020/02/12 00:00
Earnings2019/09/30
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.