Loading...

Technopolis

OTCPK:TCOS.F
Snowflake Description

Fair value second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TCOS.F
OTCPK
€730M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Technopolis Plc develops, owns, and operates business parks that combine services with office space in Finland, Sweden, Norway, Estonia, Russia, and Lithuania. The last earnings update was 8 days ago. More info.


Add to Portfolio Compare Print
TCOS.F Share Price and Events
7 Day Returns
0%
OTCPK:TCOS.F
4.2%
US Real Estate
2.1%
US Market
1 Year Returns
16.4%
OTCPK:TCOS.F
2.2%
US Real Estate
11.4%
US Market
TCOS.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Technopolis (TCOS.F) 0% -4% 15.4% 16.4% - -
US Real Estate 4.2% -5.7% -15.2% 2.2% 26.9% 45.2%
US Market 2.1% -5.5% -3% 11.4% 55.1% 104.7%
1 Year Return vs Industry and Market
  • TCOS.F outperformed the Real Estate industry which returned 2.2% over the past year.
  • TCOS.F outperformed the Market in United States of America which returned 11.4% over the past year.
Price Volatility
TCOS.F
Industry
5yr Volatility vs Market

Value

 Is Technopolis undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Technopolis to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Technopolis.

OTCPK:TCOS.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 17.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:TCOS.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 3%
Equity Risk Premium S&P Global 7.1%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.089 (1 + (1- 20%) (123.36%))
2.164
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.95% + (2 * 7.05%)
17.05%

Discounted Cash Flow Calculation for OTCPK:TCOS.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Technopolis is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:TCOS.F DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (EUR, Millions) 38.00 42.00 44.49 47.12 49.92
Source Analyst x1 Analyst x2 Est @ 5.92% Est @ 5.92% Est @ 5.92%
Present Value
Discounted (@ 17.05%)
32.46 30.66 27.74 25.10 22.72
Present value of next 5 years cash flows €138.68
OTCPK:TCOS.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= €49.92 × (1 + 2.95%) ÷ (17.05% – 2.95%)
€364.46
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= €364.46 ÷ (1 + 17.05%)5
€165.88
OTCPK:TCOS.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= €138.68 + €165.88
€304.56
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €304.56 / 156.92
€2.09
OTCPK:TCOS.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:TCOS.F represents 1.07471x of HLSE:TPS1V
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.07471x
Value per Share
(Listing Adjusted, USD)
= Value per Share (EUR) x Listing Adjustment Factor
= € 1.94 x 1.07471
$2.09
Value per share (USD) From above. $2.09
Current discount Discount to share price of $5.25
= -1 x ($5.25 - $2.09) / $2.09
-151.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Technopolis is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Technopolis's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Technopolis's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:TCOS.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in EUR €0.44
HLSE:TPS1V Share Price ** HLSE (2018-10-24) in EUR €4.89
United States of America Real Estate Industry PE Ratio Median Figure of 31 Publicly-Listed Real Estate Companies 19.7x
United States of America Market PE Ratio Median Figure of 2,956 Publicly-Listed Companies 18.55x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Technopolis.

OTCPK:TCOS.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= HLSE:TPS1V Share Price ÷ EPS (both in EUR)

= 4.89 ÷ 0.44

11.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Technopolis is good value based on earnings compared to the US Real Estate industry average.
  • Technopolis is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Technopolis's expected growth come at a high price?
Raw Data
OTCPK:TCOS.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
-2.4%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 14 Publicly-Listed Real Estate Companies 0.79x
United States of America Market PEG Ratio Median Figure of 2,072 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

OTCPK:TCOS.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.01x ÷ -2.4%

-4.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Technopolis earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Technopolis's assets?
Raw Data
OTCPK:TCOS.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in EUR €4.16
HLSE:TPS1V Share Price * HLSE (2018-10-24) in EUR €4.89
United States of America Real Estate Industry PB Ratio Median Figure of 53 Publicly-Listed Real Estate Companies 1.53x
United States of America Market PB Ratio Median Figure of 4,964 Publicly-Listed Companies 1.89x
OTCPK:TCOS.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= HLSE:TPS1V Share Price ÷ Book Value per Share (both in EUR)

= 4.89 ÷ 4.16

1.18x

* Primary Listing of Technopolis.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Technopolis is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Technopolis's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Technopolis has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Technopolis expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-2.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Technopolis expected to grow at an attractive rate?
  • Technopolis's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 3%.
Growth vs Market Checks
  • Technopolis's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Technopolis's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:TCOS.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:TCOS.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts -2.4%
OTCPK:TCOS.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 7.2%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 12.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:TCOS.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:TCOS.F Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 206 80 69 3
2019-12-31 191 85 65 3
2018-12-31 178 78 73 3
OTCPK:TCOS.F Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-09-30 177 56 70
2018-06-30 177 64 78
2018-03-31 178 66 78
2017-12-31 180 74 72
2017-09-30 179 63 59
2017-06-30 178 55 54
2017-03-31 175 59 45
2016-12-31 172 60 40
2016-09-30 169 70 48
2016-06-30 166 68 41
2016-03-31 170 67 44
2015-12-31 171 64 40

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Technopolis's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Technopolis's revenue is expected to grow by 7.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:TCOS.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Technopolis Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TCOS.F Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.43 0.52 0.36 4.00
2019-12-31 0.42 0.51 0.34 4.00
2018-12-31 0.48 0.53 0.44 4.00
OTCPK:TCOS.F Past Financials Data
Date (Data in EUR Millions) EPS *
2018-09-30 0.44
2018-06-30 0.50
2018-03-31 0.50
2017-12-31 0.46
2017-09-30 0.38
2017-06-30 0.34
2017-03-31 0.29
2016-12-31 0.31
2016-09-30 0.39
2016-06-30 0.34
2016-03-31 0.42
2015-12-31 0.33

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Technopolis is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Technopolis's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Technopolis has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Technopolis performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Technopolis's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Technopolis has delivered over 20% year on year earnings growth in the past 5 years.
  • Technopolis's 1-year earnings growth is less than its 5-year average (17.1% vs 35.2%)
  • Technopolis's earnings growth has not exceeded the US Real Estate industry average in the past year (17.1% vs 44.9%).
Earnings and Revenue History
Technopolis's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Technopolis Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TCOS.F Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 176.93 69.63 14.93
2018-06-30 176.83 78.23 14.63
2018-03-31 178.33 78.13 14.23
2017-12-31 179.73 72.03 14.73
2017-09-30 178.96 59.44 13.69
2017-06-30 177.86 53.84 13.29
2017-03-31 175.36 44.94 13.79
2016-12-31 172.06 40.14 13.59
2016-09-30 168.94 47.78 13.90
2016-06-30 165.74 41.38 13.80
2016-03-31 170.34 44.08 13.40
2015-12-31 170.54 40.28 13.90
2015-09-30 170.26 -6.04 20.61
2015-06-30 170.76 -7.04 21.01
2015-03-31 163.16 -17.14 20.71
2014-12-31 161.66 -16.24 20.51
2014-09-30 154.98 29.56 17.44
2014-06-30 145.38 26.76 16.54
2014-03-31 136.28 23.66 16.04
2013-12-31 126.28 25.56 15.24
2013-09-30 120.23 22.92 43.74
2013-06-30 116.13 27.42 41.54
2013-03-31 111.63 28.02 39.14
2012-12-31 107.33 25.82 36.24
2012-09-30 103.60 28.06 32.19
2012-06-30 99.99 30.22 32.19
2012-03-31 96.06 44.03 32.19
2011-12-31 92.87 46.70 32.19

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Technopolis has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Technopolis used its assets less efficiently than the US Real Estate industry average last year based on Return on Assets.
  • Technopolis has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Technopolis's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Technopolis has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Technopolis's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Technopolis's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Technopolis's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Technopolis's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Technopolis's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Technopolis Company Filings, last reported 1 month ago.

OTCPK:TCOS.F Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 709.00 900.10 28.90
2018-06-30 694.40 904.70 30.60
2018-03-31 680.60 895.40 60.80
2017-12-31 764.88 786.42 71.75
2017-09-30 782.30 898.60 39.30
2017-06-30 762.40 899.00 31.00
2017-03-31 756.20 905.20 62.50
2016-12-31 719.28 949.30 128.03
2016-09-30 722.40 991.20 98.60
2016-06-30 581.10 904.90 26.10
2016-03-31 597.40 851.60 23.10
2015-12-31 610.78 849.70 39.38
2015-09-30 602.30 912.00 83.40
2015-06-30 606.30 930.40 98.70
2015-03-31 574.80 869.50 29.30
2014-12-31 575.61 838.96 28.27
2014-09-30 626.70 865.30 34.50
2014-06-30 619.90 853.20 25.10
2014-03-31 617.00 858.50 39.30
2013-12-31 624.29 862.60 54.37
2013-09-30 474.00 658.30 10.00
2013-06-30 469.40 658.80 16.70
2013-03-31 469.80 618.90 57.50
2012-12-31 389.53 608.41 15.68
2012-09-30 381.24 580.30 18.33
2012-06-30 371.18 555.08 6.87
2012-03-31 340.95 555.10 6.33
2011-12-31 343.17 551.59 12.51
  • Technopolis's level of debt (127%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (138.9% vs 127% today).
  • Debt is not well covered by operating cash flow (6.3%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.4x coverage).
X
Financial health checks
We assess Technopolis's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Technopolis has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.84%
Current annual income from Technopolis dividends. Estimated to be 3.94% next year.
If you bought $2,000 of Technopolis shares you are expected to receive $37 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Technopolis's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.36%).
  • Technopolis's dividend is below the markets top 25% of dividend payers in United States of America (3.51%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:TCOS.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 2.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1977 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:TCOS.F Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.21 4.00
2019-12-31 0.19 4.00
2018-12-31 0.18 4.00
OTCPK:TCOS.F Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-03-20 0.090 2.225
2017-02-22 0.120 3.284
2016-02-24 0.170 4.987
2016-02-04 0.170 4.820
2015-02-10 0.150 3.944
2014-02-14 0.100 2.415
2013-03-04 0.200 4.470
2012-03-01 0.200 5.575
2012-02-01 0.200 5.076
2011-01-28 0.170 4.832
2010-07-16 0.150 3.933
2010-01-29 0.150 4.434
2009-03-26 0.120 3.804
2008-11-03 0.150 5.715

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Technopolis's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Technopolis's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Technopolis afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Technopolis has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Technopolis's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Keith Silverang
COMPENSATION €327,000
AGE 57
TENURE AS CEO 10.2 years
CEO Bio

Mr. Keith Silverang, BA, MBA has been the Chief Executive Officer and President of Technopolis Plc since September 15, 2008 and also as its Member of Executive Board since 2004. Mr. Silverang served as the Chief Executive Officer of Technopolis Ventures Ltd. from March 15, 2004 to 2006. He served at Partek Corporation, Hackman Group and Oy Hackman Metos AB. Mr. Silverang served as Vice President of AAC Global Oy. He served as Group Vice President and Director of Capital area at Technopolis Plc. Mr. Silverang studied BA degree from Boston University and an MBA from the Helsinki School of Economics.

CEO Compensation
  • Keith's compensation has been consistent with company performance over the past year.
  • Keith's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Technopolis management team in years:

1.7
Average Tenure
47
Average Age
  • The average tenure for the Technopolis management team is less than 2 years, this suggests a new team.
Management Team

Keith Silverang

TITLE
President & CEO
COMPENSATION
€327K
AGE
57
TENURE
10.2 yrs

Sami Laine

TITLE
Chief Financial Officer
AGE
47
TENURE
1.5 yrs

Juha Juntunen

TITLE
COO and Director of Sales & Marketing
AGE
45

Minna Karttunen

TITLE
Head of IR
AGE
43
TENURE
1.8 yrs

Outi Raekivi

TITLE
Chief Legal Officer
AGE
50

Kari Kokkonen

TITLE
Chief Real Estate Officer
AGE
55
TENURE
0.8 yrs

Niko Pulli

TITLE
Director of Services
AGE
45
Board of Directors Tenure

Average tenure and age of the Technopolis board of directors in years:

1.7
Average Tenure
53
Average Age
  • The average tenure for the Technopolis board of directors is less than 3 years, this suggests a new board.
Board of Directors

Juha Laaksonen

TITLE
Chairman of the Board
COMPENSATION
€71K
AGE
66
TENURE
1.7 yrs

Reima Rytsölä

TITLE
Vice Chairman of the Board
COMPENSATION
€37K
AGE
49
TENURE
0.7 yrs

Christine Rankin

TITLE
Director
COMPENSATION
€43K
AGE
54
TENURE
1.7 yrs

Pekka Ojanpää

TITLE
Director
COMPENSATION
€36K
AGE
52
TENURE
4.7 yrs

Helena Liljedahl

TITLE
Director
COMPENSATION
€36K
AGE
49
TENURE
1.7 yrs

Hannu Leinonen

TITLE
Director
AGE
56
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Max Price (EUR) Value (EUR)
X
Management checks
We assess Technopolis's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Technopolis has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
Loading...
Simply Wall St News

Company Info

Map
Description

Technopolis Plc develops, owns, and operates business parks that combine services with office space in Finland, Sweden, Norway, Estonia, Russia, and Lithuania. It operates in three segments: Finland, Baltic Rim, and Scandinavia. The company offers workplace services, including Internet and work support, reception, parking and connection, security, cleaning, and maintenance services, as well as workplace design services; work life services comprising meeting, catering, and restaurant and coffee shop services, as well as video conference, wellness, and personal services; and community services. Technopolis Plc was founded in 1982 and is based in Oulu, Finland.

Details
Name: Technopolis Plc
TCOS.F
Exchange: OTCPK
Founded: 1982
€830,664,581
156,915,219
Website: http://www.technopolis.fi
Address: Technopolis Plc
Elektroniikkatie 8,
Oulu,
Northern Ostrobothnia, 90590,
Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE TPS1V Registered Shares OMX Nordic Exchange Helsinki FI EUR 09. Jun 1999
OTCPK TCOS.F Registered Shares Pink Sheets LLC US USD 09. Jun 1999
DB THN Registered Shares Deutsche Boerse AG DE EUR 09. Jun 1999
LSE 0GB6 Registered Shares London Stock Exchange GB EUR 09. Jun 1999
BATS-CHIXE TPS1VH Registered Shares BATS 'Chi-X Europe' GB EUR 09. Jun 1999
Number of employees
Current staff
Staff numbers
229
Technopolis employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/02 21:24
End of day share price update: 2018/10/24 00:00
Last estimates confirmation: 2018/10/26
Last earnings filing: 2018/10/25
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.