OTCPK:UPNR.F

Stock Analysis Report

Executive Summary

Uponor Oyj provides plumbing, indoor climate, and infrastructure solutions in Europe and North America.


Snowflake Analysis

Established dividend payer with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

UPNR.F

-1.5%

US Building

-4.2%

US Market


1 Year Return

25.2%

UPNR.F

21.4%

US Building

14.0%

US Market

Return vs Industry: UPNR.F exceeded the US Building industry which returned 21.4% over the past year.

Return vs Market: UPNR.F exceeded the US Market which returned 14% over the past year.


Shareholder returns

UPNR.FIndustryMarket
7 Day0%-1.5%-4.2%
30 Dayn/a0.004%-1.8%
90 Dayn/a1.8%2.6%
1 Year25.2%25.2%23.2%21.4%16.3%14.0%
3 Year-11.5%-11.5%24.0%18.4%43.2%34.0%
5 Year-16.9%-16.9%46.9%27.7%65.9%47.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

9.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UPNR.F ($15.09) is trading below our estimate of fair value ($16.63)

Significantly Below Fair Value: UPNR.F is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: UPNR.F is good value based on its PE Ratio (18.1x) compared to the Building industry average (22.8x).

PE vs Market: UPNR.F is poor value based on its PE Ratio (18.1x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: UPNR.F is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: UPNR.F is overvalued based on its PB Ratio (3x) compared to the US Building industry average (2.6x).


Next Steps

Future Growth

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

15.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UPNR.F's forecast earnings growth (15.4% per year) is above the savings rate (1.7%).

Earnings vs Market: UPNR.F's earnings (15.4% per year) are forecast to grow faster than the US market (13.1% per year).

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

Revenue vs Market: UPNR.F's revenue (1.5% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: UPNR.F's revenue (1.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UPNR.F's Return on Equity is forecast to be high in 3 years time (21.5%)


Next Steps

Past Performance

How has Uponor Oyj performed over the past 5 years?

8.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UPNR.F has high quality earnings.

Growing Profit Margin: UPNR.F's current net profit margins (4.7%) are higher than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: UPNR.F's earnings have grown by 8.4% per year over the past 5 years.

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

Earnings vs Industry: UPNR.F had negative earnings growth (-0.9%) over the past year, making it difficult to compare to the Building industry average (-15.5%).


Return on Equity

High ROE: UPNR.F's Return on Equity (14.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Uponor Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: UPNR.F's short term assets (€421.9M) exceed its short term liabilities (€222.9M).

Long Term Liabilities: UPNR.F's short term assets (€421.9M) exceed its long term liabilities (€239.9M).


Debt to Equity History and Analysis

Debt Level: UPNR.F's debt to equity ratio (46.2%) is considered high.

Reducing Debt: UPNR.F's debt to equity ratio has increased from 45.4% to 46.2% over the past 5 years.

Debt Coverage: UPNR.F's debt is well covered by operating cash flow (63.7%).

Interest Coverage: UPNR.F's interest payments on its debt are well covered by EBIT (31.1x coverage).


Balance Sheet

Inventory Level: UPNR.F has a high level of physical assets or inventory.

Debt Coverage by Assets: UPNR.F's debt is covered by short term assets (assets are 2.5x debt).


Next Steps

Dividend

What is Uponor Oyj's current dividend yield, its reliability and sustainability?

4.09%

Current Dividend Yield


Dividend Yield vs Market

company4.1%marketbottom25%1.5%markettop25%3.8%industryaverage1.7%forecastin3Years4.8%

Current dividend yield vs market & industry

Notable Dividend: UPNR.F's dividend (4.09%) is higher than the bottom 25% of dividend payers in the US market (1.48%).

High Dividend: UPNR.F's dividend (4.09%) is in the top 25% of dividend payers in the US market (3.77%)


Stability and Growth of Payments

Stable Dividend: UPNR.F's dividend payments have been volatile in the past 10 years.

Growing Dividend: UPNR.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (74%), UPNR.F's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UPNR.F's dividends in 3 years are forecast to be covered by earnings (63.5% payout ratio).


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Jyri Luomakoski (52yo)

11.3yrs

Tenure

0

Mr. Jyri Luomakoski, MBA, has been Vice Chairman of Fiskars Oyj Abp since March 14, 2018. He has been the Chief Executive Officer and President at Uponor Oyj since October 27, 2008. Mr. Luomakoski serves a ...


CEO Compensation Analysis

Compensation vs Market: Jyri's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD2.52M).

Compensation vs Earnings: Jyri's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jyri Luomakoski
President11.3yrsno data0.053% 544.0k
Minna Yrjönmäki
Chief Financial Officer0yrsno datano data
Reetta Härkki
General Counsel & Board Secretary0yrsno datano data
Susanna Inkinen
Vice President of Communications & Corporate Responsibility1.7yrsno datano data
Karsten Hoppe
President of Building Solutions for Europe1yrsno datano data
Sebastian Bondestam
President of Uponor Infra Ltd0yrs€425.90k0.025% 257.3k
William Gray
President of Uponor North America0yrsno data0.029% 298.9k
Tarmo Anttila
Vice President of Communications0yrsno datano data

1.7yrs

Average Tenure

52yo

Average Age

Experienced Management: UPNR.F's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Eva Nygren
Independent Director8.9yrsno data0.015% 149.9k
Johan Falk
Independent Director1.9yrsno data0.0018% 18.0k
Markus Lengauer
Deputy Chair of the Board0.9yrsno data0.0066% 67.9k
Annika Paasikivi
Chairman1.9yrsno data0.057% 588.8k
Casimir Lindholm
Independent Director1.9yrsno data0.0018% 18.0k
Pia Aaltonen-Forsell
Independent Director2.9yrsno data0.0034% 34.8k

1.9yrs

Average Tenure

48yo

Average Age

Experienced Board: UPNR.F's board of directors are not considered experienced ( 1.9 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

Uponor Oyj's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Uponor Oyj
  • Ticker: UPNR.F
  • Exchange: OTCPK
  • Founded: 1918
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: €945.917m
  • Listing Market Cap: €1.027b
  • Shares outstanding: 72.99m
  • Website: https://www.uponor.com

Number of Employees


Location

  • Uponor Oyj
  • Äyritie 20
  • PO Box 37
  • Vantaa
  • Uusimaa
  • 1511
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UPNR.FOTCPK (Pink Sheets LLC)YesShare CapitalUSUSDJan 1992
UPONORHLSE (OMX Nordic Exchange Helsinki)YesShare CapitalFIEURJan 1992
UPNDB (Deutsche Boerse AG)YesShare CapitalDEEURJan 1992
0KI5LSE (London Stock Exchange)YesShare CapitalGBEURJan 1992
UPNR.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDOct 2008

Biography

Uponor Oyj provides plumbing, indoor climate, and infrastructure solutions in Europe and North America. The company operates through three segments: Building Solutions – Europe, Building Solutions – North America, and Uponor Infra. It offers drinking water delivery systems, including multilayer and flexible pipe, and hygienic control systems, as well as fittings; ceiling, underfloor, and wall heating and cooling systems; room temperature controls; and radiator connection components. The company also provides industrial floor heating, lawn heating, and floor heating systems, as well as snow and ice melting products; district heating and cooling systems, cooling intake and outfall pipes, ground source heating and cooling systems, and geothermal vaults; plastic barrier pipes, water tanks, insulated water pipes and fittings, and welding machines; waste water systems, including pump chambers, soil treatment/septic tanks, grey water handling systems, biochemical treatment plants, holding tanks, and cottage products; and renovation systems. In addition, it offers pre-insulated pipes, and fittings and joints for heat and water distribution; prefabricated and tailored-made modules for plumbing and heating installations; insulated sewer, pressure sewer, sewer gravity, and pumping systems, as well as chambers, tanks, and grease separators; distribution units, connection boxes, industrial manifolds, and pump groups; gas pipes, cable protection pipes, heat pump systems, and under ground ventilation and exhaust systems; storm water systems; and house, agricultural, and road drainage systems. The company sells its products primarily through wholesalers. Uponor Oyj was founded in 1918 and is based in Vantaa, Finland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 00:16
End of Day Share Price2020/02/12 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.