Tokmanni Group Oyj
Market Cap
€932.0m
Last Updated
2021/01/21 19:58 UTC
Data Sources
Company Financials +
Executive Summary
Tokmanni Group Oyj operates general discount retail chain in Finland. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record and good value.
Similar Companies
Share Price & News
How has Tokmanni Group Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TOKMAH is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TOKMAH's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0%
TOKMAH
-0.02%
GB Multiline Retail
-0.6%
GB Market
1 Year Return
18.2%
TOKMAH
10.5%
GB Multiline Retail
-6.5%
GB Market
Return vs Industry: TOKMAH exceeded the UK Multiline Retail industry which returned 10.5% over the past year.
Return vs Market: TOKMAH exceeded the UK Market which returned -6.5% over the past year.
Shareholder returns
| TOKMAH | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -0.02% | -0.6% |
| 30 Day | -1.3% | 10.3% | 5.2% |
| 90 Day | 3.7% | 19.0% | 15.1% |
| 1 Year | 23.8%18.2% | 14.5%10.5% | -2.7%-6.5% |
| 3 Year | 139.0%104.5% | 25.2%10.0% | 5.1%-7.7% |
| 5 Year | n/a | 14.4%-8.7% | 46.8%18.2% |
Long-Term Price Volatility Vs. Market
How volatile is Tokmanni Group Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Tokmanni Group Oyj undervalued compared to its fair value and its price relative to the market?
26.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TOKMAH (€15.58) is trading below our estimate of fair value (€21.25)
Significantly Below Fair Value: TOKMAH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TOKMAH is good value based on its PE Ratio (15.1x) compared to the XE Multiline Retail industry average (22x).
PE vs Market: TOKMAH is good value based on its PE Ratio (15.1x) compared to the UK market (23.1x).
Price to Earnings Growth Ratio
PEG Ratio: TOKMAH is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: TOKMAH is overvalued based on its PB Ratio (4.8x) compared to the XE Multiline Retail industry average (2.6x).
Next Steps
Future Growth
How is Tokmanni Group Oyj forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
5.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TOKMAH's forecast earnings growth (5.1% per year) is above the savings rate (1%).
Earnings vs Market: TOKMAH's earnings (5.1% per year) are forecast to grow slower than the UK market (25.6% per year).
High Growth Earnings: TOKMAH's earnings are forecast to grow, but not significantly.
Revenue vs Market: TOKMAH's revenue (2.1% per year) is forecast to grow slower than the UK market (6.5% per year).
High Growth Revenue: TOKMAH's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TOKMAH's Return on Equity is forecast to be high in 3 years time (28.5%)
Next Steps
Past Performance
How has Tokmanni Group Oyj performed over the past 5 years?
27.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TOKMAH has high quality earnings.
Growing Profit Margin: TOKMAH's current net profit margins (5.9%) are higher than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: TOKMAH's earnings have grown significantly by 27.5% per year over the past 5 years.
Accelerating Growth: TOKMAH's earnings growth over the past year (37.8%) exceeds its 5-year average (27.5% per year).
Earnings vs Industry: TOKMAH earnings growth over the past year (37.8%) underperformed the Multiline Retail industry 37.8%.
Return on Equity
High ROE: TOKMAH's Return on Equity (31.9%) is considered high.
Next Steps
Financial Health
How is Tokmanni Group Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: TOKMAH's short term assets (€299.6M) exceed its short term liabilities (€204.8M).
Long Term Liabilities: TOKMAH's short term assets (€299.6M) do not cover its long term liabilities (€365.2M).
Debt to Equity History and Analysis
Debt Level: TOKMAH's debt to equity ratio (57.8%) is considered high.
Reducing Debt: TOKMAH's debt to equity ratio has reduced from 506.4% to 57.8% over the past 5 years.
Debt Coverage: TOKMAH's debt is well covered by operating cash flow (118.6%).
Interest Coverage: TOKMAH's interest payments on its debt are well covered by EBIT (9x coverage).
Balance Sheet
Next Steps
Dividend
What is Tokmanni Group Oyj current dividend yield, its reliability and sustainability?
4.00%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TOKMAH's dividend (4%) is higher than the bottom 25% of dividend payers in the UK market (1.5%).
High Dividend: TOKMAH's dividend (4%) is low compared to the top 25% of dividend payers in the UK market (4.55%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TOKMAH has been paying a dividend for less than 10 years.
Growing Dividend: TOKMAH's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.3%), TOKMAH's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TOKMAH's dividends in 3 years are forecast to be covered by earnings (61.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Mika Rautiainen (58 yo)
2.58yrs
Tenure
€444,966
Compensation
Mr. Mika Rautiainen, M.Sc. (Econ.), is the Chie Executive Officer of Tokmanni Group Oyj since June 1, 2018. Mr. Rautiainen served as Vice President of K-Market - Kesko Food Ltd at Kesko Oyj. Mr. Rautiainen...
CEO Compensation Analysis
Compensation vs Market: Mika's total compensation ($USD540.40K) is below average for companies of similar size in the UK market ($USD1.01M).
Compensation vs Earnings: Mika's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Board | 2.58yrs | €444.97k | 0.24% € 2.3m | |
| CFO, Deputy CEO & Member of Executive Board | 3.67yrs | no data | 0.028% € 261.7k | |
| Director of Human Resources & Member of Executive Board | 4.67yrs | no data | 0.027% € 247.4k | |
| Sales & Marketing Director and Member of Executive Board | 5yrs | no data | 0.054% € 507.6k | |
| Director of Strategy & Business Development and Member of Executive Board | 2.75yrs | no data | 0.069% € 639.4k | |
| Director of Information Management & Supply Chain and Member of Executive Board | 2.08yrs | no data | 0.060% € 555.1k | |
| Director of Store Network & Concept and Member of Executive Board | 2.92yrs | no data | 0.057% € 527.0k | |
| Commercial Director & Member of the Executive Group | 1.42yrs | no data | 0.15% € 1.4m | |
| Sourcing Director & Member of Executive Group | 1yr | no data | no data | |
| Chief Information Officer | 14yrs | no data | no data | |
| Head of IR & Communication | no data | no data | no data |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Management: TOKMAH's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.83yrs | €45.00k | 0.0061% € 56.7k | |
| Independent Director | 2.83yrs | €44.00k | 0.0027% € 25.0k | |
| Independent Director | 9yrs | €45.00k | 0.79% € 7.3m | |
| Chairman of the Board | 2.83yrs | €102.00k | 0.12% € 1.1m | |
| Independent Director | 4.75yrs | €41.00k | 0.0038% € 35.1k | |
| Director | 0.67yr | no data | no data |
2.8yrs
Average Tenure
59yo
Average Age
Experienced Board: TOKMAH's board of directors are not considered experienced ( 2.8 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
Tokmanni Group Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tokmanni Group Oyj
- Ticker: TOKMAH
- Exchange: BATS-CHIXE
- Founded: NaN
- Industry: Department Stores
- Sector: Retail
- Market Cap: €931.970m
- Shares outstanding: 58.76m
- Website: https://www.tokmanni.fi
Number of Employees
Location
- Tokmanni Group Oyj
- Isolammintie 1
- Mäntsälä
- Uusimaa
- 4600
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TOKMAN | HLSE (OMX Nordic Exchange Helsinki) | Yes | A Shares | FI | EUR | Apr 2016 |
| 0RG2 | LSE (London Stock Exchange) | Yes | A Shares | GB | EUR | Apr 2016 |
| TK9 | DB (Deutsche Boerse AG) | Yes | A Shares | DE | EUR | Apr 2016 |
| TOKMAH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | A Shares | GB | EUR | Apr 2016 |
Biography
Tokmanni Group Oyj operates general discount retail chain in Finland. The company offers beauty and health, home, kitchen, décor, housekeeping, electronic and home appliances, tools, renovation and small i...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 19:58 |
| End of Day Share Price | 2021/01/14 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.