ROVI

Rovio Entertainment Oyj BATS-CHIXE:ROVIOH Stock Report

Last Price

€7.42

Market Cap

€529.2m

7D

0%

1Y

n/a

Updated

24 Apr, 2022

Data

Company Financials +
ROVIOH fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends2/6

ROVIOH Stock Overview

Rovio Entertainment Oyj, a games-first entertainment company, creates, develops, and publishes mobile games in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Rovio Entertainment Oyj Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rovio Entertainment Oyj
Historical stock prices
Current Share Price€7.42
52 Week High€7.71
52 Week Low€6.18
Beta0.92
1 Month Change4.29%
3 Month Change11.50%
1 Year Changen/a
3 Year Change5.62%
5 Year Changen/a
Change since IPO-32.76%

Recent News & Updates

Shareholder Returns

ROVIOHGB EntertainmentGB Market
7D0%-2.5%-1.1%
1Yn/a-41.7%-2.2%

Return vs Industry: Insufficient data to determine how ROVIOH performed against the UK Entertainment industry.

Return vs Market: Insufficient data to determine how ROVIOH performed against the UK Market.

Price Volatility

Is ROVIOH's price volatile compared to industry and market?
ROVIOH volatility
ROVIOH Average Weekly Movementn/a
Entertainment Industry Average Movement5.8%
Market Average Movement6.1%
10% most volatile stocks in GB Market12.4%
10% least volatile stocks in GB Market3.0%

Stable Share Price: Insufficient data to determine ROVIOH's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine ROVIOH's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003496Alex Pelletier-Normandhttps://www.rovio.com

Rovio Entertainment Oyj, a games-first entertainment company, creates, develops, and publishes mobile games in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Games, Brand Licensing, and Other segments. The company offers various mobile games through mobile application stores; produces movies; and licenses various consumer and entertainment products.

Rovio Entertainment Oyj Fundamentals Summary

How do Rovio Entertainment Oyj's earnings and revenue compare to its market cap?
ROVIOH fundamental statistics
Market Cap€529.20m
Earnings (TTM)€30.14m
Revenue (TTM)€286.22m

17.6x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ROVIOH income statement (TTM)
Revenue€286.22m
Cost of Revenue€74.46m
Gross Profit€211.76m
Other Expenses€181.62m
Earnings€30.14m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Apr 29, 2022

Earnings per share (EPS)0.40
Gross Margin73.98%
Net Profit Margin10.53%
Debt/Equity Ratio0.4%

How did ROVIOH perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

29%

Payout Ratio

Valuation

Is Rovio Entertainment Oyj undervalued compared to its fair value and its price relative to the market?

37.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ROVIOH (€7.42) is trading below our estimate of fair value (€11.87)

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


Price To Earnings Ratio

PE vs Industry: ROVIOH is good value based on its PE Ratio (17.6x) compared to the UK Entertainment industry average (29.1x).

PE vs Market: ROVIOH is poor value based on its PE Ratio (17.6x) compared to the UK market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: ROVIOH is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: ROVIOH is good value based on its PB Ratio (2.7x) compared to the GB Entertainment industry average (3.4x).


Future Growth

How is Rovio Entertainment Oyj forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

10.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ROVIOH's forecast earnings growth (10.8% per year) is above the savings rate (0.9%).

Earnings vs Market: ROVIOH's earnings (10.8% per year) are forecast to grow slower than the UK market (11.7% per year).

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

Revenue vs Market: ROVIOH's revenue (4% per year) is forecast to grow slower than the UK market (4.8% per year).

High Growth Revenue: ROVIOH's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ROVIOH's Return on Equity is forecast to be low in 3 years time (16.5%).


Past Performance

How has Rovio Entertainment Oyj performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ROVIOH has high quality earnings.

Growing Profit Margin: ROVIOH's current net profit margins (10.5%) are lower than last year (11.8%).


Past Earnings Growth Analysis

Earnings Trend: ROVIOH's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: ROVIOH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ROVIOH had negative earnings growth (-6.2%) over the past year, making it difficult to compare to the Entertainment industry average (8.2%).


Return on Equity

High ROE: ROVIOH's Return on Equity (15.3%) is considered low.


Financial Health

How is Rovio Entertainment Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: ROVIOH's short term assets (€196.8M) exceed its short term liabilities (€68.8M).

Long Term Liabilities: ROVIOH's short term assets (€196.8M) exceed its long term liabilities (€20.7M).


Debt to Equity History and Analysis

Debt Level: ROVIOH has more cash than its total debt.

Reducing Debt: ROVIOH's debt to equity ratio has reduced from 21.9% to 0.4% over the past 5 years.

Debt Coverage: ROVIOH's debt is well covered by operating cash flow (5131.3%).

Interest Coverage: ROVIOH's interest payments on its debt are well covered by EBIT (230.5x coverage).


Balance Sheet


Dividend

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

1.69%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ROVIOH's dividend (1.69%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.71%).

High Dividend: ROVIOH's dividend (1.69%) is low compared to the top 25% of dividend payers in the UK market (4.61%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ROVIOH has been paying a dividend for less than 10 years.

Growing Dividend: ROVIOH's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.5%), ROVIOH's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.4%), ROVIOH's dividend payments are well covered by cash flows.


Next Steps

Management

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

3.4yrs

Average management tenure


CEO

Alex Pelletier-Normand (41 yo)

1.25yrs

Tenure

€900,050

Compensation

Mr. Alexandre Pelletier-Normand, also known as Alex, serves as the Chief Executive Officer at Rovio Entertainment Oyj since January 01, 2021. He served as an Executive Vice President of Games at Rovio Ente...


CEO Compensation Analysis

Compensation vs Market: Alex's total compensation ($USD970.20K) is about average for companies of similar size in the UK market ($USD895.13K).

Compensation vs Earnings: Insufficient data to compare Alex's compensation with company performance.


Leadership Team

Experienced Management: ROVIOH's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: ROVIOH's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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

Rovio Entertainment Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: Rovio Entertainment Oyj
  • Ticker: ROVIOH
  • Exchange: BATS-CHIXE
  • Founded: 2003
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Implied Market Cap: €529.196m
  • Shares outstanding: 74.53m
  • Website: https://www.rovio.com

Number of Employees


Location

  • Rovio Entertainment Oyj
  • Keilaranta 7
  • Espoo
  • Uusimaa
  • 2150
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/04/24 00:00
End of Day Share Price2022/03/28 00:00
Earnings2021/12/31
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.