Cramo Oyj
- Home ›
- FI ›
- Capital Goods
Cramo Oyj, a service company, engages in the rental of equipment and modular spaces. The last earnings update was 40 days ago. More info.
Add to Portfolio Compare Print
- Cramo Oyj has significant price volatility in the past 3 months.
CRA1V Share Price and Events
7 Day Returns
1 Year Returns
CRA1V Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Cramo Oyj (CRA1V) | 0% | 5.4% | 67.5% | -17.8% | -42.2% | 16.9% |
| Europe Trade Distributors | 1.6% | 2.1% | 7.5% | 23.1% | 25.6% | 53% |
| FI Market | 0.6% | -2.1% | 1.3% | 12.1% | 10.8% | 28.9% |
1 Year Return vs Industry and Market
- CRA1V underperformed the Trade Distributors industry which returned 23.1% over the past year.
- CRA1V underperformed the Market in Finland which returned 12.1% over the past year.
Value
Is Cramo Oyj 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
Cramo Oyj
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Cramo Oyj.
| 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 | 7.7% |
| Perpetual Growth Rate | 10-Year FI Government Bond Rate | -0.1% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year FI Govt Bond Rate | -0.1% |
| Equity Risk Premium | S&P Global | 5.9% |
| Trade Distributors Unlevered Beta | Simply Wall St/ S&P Global | 0.95 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.947 (1 + (1- 20%) (69.46%)) |
1.317 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.32 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.11% + (1.317 * 5.94%) |
7.71% |
Discounted Cash Flow Calculation for HLSE:CRA1V using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Cramo Oyj is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
Note: Free cash flow to equity valuations ignore the company's cash or debt.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 7.71%) |
|
|---|---|---|---|
| 2020 | 59.63 | Analyst x4 | 55.36 |
| 2021 | 55.20 | Analyst x4 | 47.58 |
| 2022 | 53.70 | Analyst x1 | 42.97 |
| 2023 | 50.40 | Analyst x1 | 37.44 |
| 2024 | 48.50 | Est @ -3.77% | 33.45 |
| 2025 | 47.21 | Est @ -2.67% | 30.23 |
| 2026 | 46.31 | Est @ -1.9% | 27.53 |
| 2027 | 45.68 | Est @ -1.36% | 25.21 |
| 2028 | 45.23 | Est @ -0.99% | 23.17 |
| 2029 | 44.90 | Est @ -0.72% | 21.36 |
| Present value of next 10 years cash flows | €344.00 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2029
× (1 + g) ÷ (Discount Rate – g)
= €44.90 × (1 + -0.11%) ÷ (7.71% – -0.11%) |
€573.37 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €573.37 ÷ (1 + 7.71%)10 |
€272.77 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €344.00 + €272.77 |
€616.77 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €616.77 / 44.68 |
€13.8 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €13.80 |
| Current discount | Discount to share price of
€13.32
= -1 x (€13.32 - €13.80) / €13.80 |
3.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Cramo Oyj's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Cramo Oyj's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Cramo Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Cramo Oyj's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-09-30) in EUR | €1.52 |
| HLSE:CRA1V Share Price ** | HLSE (2019-12-10) in EUR | €13.32 |
| Europe Trade Distributors Industry PE Ratio | Median Figure of 67 Publicly-Listed Trade Distributors Companies | 14.67x |
| Finland Market PE Ratio | Median Figure of 95 Publicly-Listed Companies | 19.66x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Cramo Oyj.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = HLSE:CRA1V Share Price ÷ EPS (both in EUR) = 13.32 ÷ 1.52 |
8.76x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Cramo Oyj is good value based on earnings compared to the Europe Trade Distributors industry average.
- Cramo Oyj is good value based on earnings compared to the Finland market.
Price based on expected Growth
Does
Cramo Oyj's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 8.76x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts |
6.2%per year |
| Europe Trade Distributors Industry PEG Ratio | Median Figure of 32 Publicly-Listed Trade Distributors Companies | 1.63x |
| Finland Market PEG Ratio | Median Figure of 82 Publicly-Listed Companies | 1.62x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 8.76x ÷ 6.2% |
1.42x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Cramo Oyj is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Cramo Oyj's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-09-30) in EUR | €8.59 |
| HLSE:CRA1V Share Price * | HLSE (2019-12-10) in EUR | €13.32 |
| Europe Trade Distributors Industry PB Ratio | Median Figure of 85 Publicly-Listed Trade Distributors Companies | 1.35x |
| Finland Market PB Ratio | Median Figure of 139 Publicly-Listed Companies | 2x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = HLSE:CRA1V Share Price ÷ Book Value per Share (both in EUR) = 13.32 ÷ 8.59 |
1.55x |
* Primary Listing of Cramo Oyj.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Cramo Oyj is overvalued based on assets compared to the Europe Trade Distributors industry average.
Value checks
We assess Cramo Oyj's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check) Cramo Oyj has a total score of 2/6, 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 Cramo Oyj 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!
Earnings growth vs Low Risk Savings
- Cramo Oyj's earnings growth is expected to exceed the low risk savings rate of -0.1%.
Growth vs Market Checks
- Cramo Oyj's earnings growth is positive but not above the Finland market average.
- Cramo Oyj's revenues are expected to decrease over the next 1-3 years, this is below the Finland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| HLSE:CRA1V Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts | 6.2% |
| HLSE:CRA1V Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts | -1.2% |
| Europe Trade Distributors Industry Earnings Growth Rate | Market Cap Weighted Average | 9.1% |
| Europe Trade Distributors Industry Revenue Growth Rate | Market Cap Weighted Average | 3.6% |
| Finland Market Earnings Growth Rate | Market Cap Weighted Average | 14.4% |
| Finland Market Revenue Growth Rate | Market Cap Weighted Average | 1.5% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 196 | |||
| 2022-12-31 | 667 | 189 | 62 | 1 |
| 2021-12-31 | 625 | 184 | 53 | 4 |
| 2020-12-31 | 615 | 179 | 49 | 4 |
| 2019-12-31 | 622 | 188 | 42 | 4 |
| 2019-12-10 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-09-30 | 776 | 233 | 68 |
| 2019-06-30 | 782 | 224 | 77 |
| 2019-03-31 | 785 | 223 | 83 |
| 2018-12-31 | 780 | 195 | 85 |
| 2018-09-30 | 657 | 194 | 70 |
| 2018-06-30 | 689 | 191 | 76 |
| 2018-03-31 | 711 | 165 | 80 |
| 2017-12-31 | 730 | 186 | 84 |
| 2017-09-30 | 726 | 175 | 77 |
| 2017-06-30 | 719 | 179 | 75 |
| 2017-03-31 | 720 | 191 | 74 |
| 2016-12-31 | 713 | 172 | 69 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
All data from Cramo Oyj Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | 1.40 | 1.40 | 1.40 | 1.00 |
| 2021-12-31 | 1.18 | 1.27 | 1.03 | 4.00 |
| 2020-12-31 | 1.10 | 1.15 | 1.00 | 4.00 |
| 2019-12-31 | 0.94 | 0.99 | 0.90 | 4.00 |
| 2019-12-10 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2019-09-30 | 1.52 |
| 2019-06-30 | 1.72 |
| 2019-03-31 | 1.87 |
| 2018-12-31 | 1.90 |
| 2018-09-30 | 1.56 |
| 2018-06-30 | 1.70 |
| 2018-03-31 | 1.79 |
| 2017-12-31 | 1.89 |
| 2017-09-30 | 1.72 |
| 2017-06-30 | 1.69 |
| 2017-03-31 | 1.66 |
| 2016-12-31 | 1.54 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Cramo Oyj's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Cramo Oyj has a total score of 1/6, 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 Cramo Oyj 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
Past Earnings growth analysis
- Cramo Oyj's year on year earnings growth rate has been positive over the past 5 years.
- Cramo Oyj's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Cramo Oyj's 1-year earnings growth is negative, it can't be compared to the Europe Trade Distributors industry average.
Earnings and Revenue History
All data from Cramo Oyj Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-09-30 | 776.38 | 67.70 | 214.61 | |
| 2019-06-30 | 781.58 | 76.60 | 214.61 | |
| 2019-03-31 | 784.58 | 83.20 | 214.21 | |
| 2018-12-31 | 779.98 | 84.70 | 211.91 | |
| 2018-09-30 | 656.65 | 69.95 | 198.54 | |
| 2018-06-30 | 688.95 | 75.55 | 200.74 | |
| 2018-03-31 | 710.85 | 79.75 | 203.24 | |
| 2017-12-31 | 729.95 | 84.25 | 206.14 | |
| 2017-09-30 | 726.36 | 76.57 | 207.21 | |
| 2017-06-30 | 719.36 | 75.07 | 207.71 | |
| 2017-03-31 | 720.46 | 74.17 | 243.41 | |
| 2016-12-31 | 712.96 | 68.57 | 204.31 | |
| 2016-09-30 | 707.32 | 69.81 | 202.23 | |
| 2016-06-30 | 694.78 | 60.46 | 198.61 | |
| 2016-03-31 | 676.97 | 52.85 | 157.64 | |
| 2015-12-31 | 668.63 | 49.72 | 193.64 | |
| 2015-09-30 | 662.33 | 25.65 | 194.61 | |
| 2015-06-30 | 661.12 | 26.39 | 192.96 | |
| 2015-03-31 | 659.59 | 21.13 | 193.98 | |
| 2014-12-31 | 652.80 | 16.01 | 193.98 | |
| 2014-09-30 | 647.01 | 39.76 | 198.69 | |
| 2014-06-30 | 649.47 | 40.44 | 200.01 | |
| 2014-03-31 | 649.77 | 43.31 | 197.86 | |
| 2013-12-31 | 658.03 | 42.78 | 196.66 | |
| 2013-09-30 | 667.36 | 40.69 | 204.75 | |
| 2013-06-30 | 676.30 | 38.39 | 205.93 | |
| 2013-03-31 | 677.66 | 35.17 | 206.62 | |
| 2012-12-31 | 692.62 | 38.75 | 208.65 |
*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.
- Cramo Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Cramo Oyj used its assets more efficiently than the Europe Trade Distributors industry average last year based on Return on Assets.
- Cramo Oyj has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Cramo Oyj's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Cramo Oyj has a total score of 3/6, 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 Cramo Oyj'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 Cramo Oyj's finances.
The net worth of a company is the difference between its assets and liabilities.
- Cramo Oyj's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Cramo Oyj's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.4x 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.
All data from Cramo Oyj Company Filings, last reported 2 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-09-30 | 386.60 | 321.10 | 6.40 |
| 2019-06-30 | 377.20 | 368.60 | 2.20 |
| 2019-03-31 | 560.10 | 835.20 | 7.90 |
| 2018-12-31 | 596.97 | 714.71 | 6.39 |
| 2018-09-30 | 535.60 | 475.60 | 4.80 |
| 2018-06-30 | 535.60 | 475.60 | 4.80 |
| 2018-03-31 | 521.90 | 442.30 | 4.80 |
| 2017-12-31 | 557.38 | 388.57 | 2.59 |
| 2017-09-30 | 544.20 | 405.80 | 2.80 |
| 2017-06-30 | 514.20 | 439.30 | 3.00 |
| 2017-03-31 | 502.20 | 384.40 | 3.10 |
| 2016-12-31 | 519.67 | 400.54 | 9.10 |
| 2016-09-30 | 498.62 | 422.87 | 5.58 |
| 2016-06-30 | 476.95 | 421.76 | 4.62 |
| 2016-03-31 | 465.03 | 387.05 | 3.50 |
| 2015-12-31 | 490.74 | 366.49 | 3.51 |
| 2015-09-30 | 466.18 | 424.22 | 8.55 |
| 2015-06-30 | 460.70 | 434.70 | 6.96 |
| 2015-03-31 | 443.70 | 426.56 | 4.36 |
| 2014-12-31 | 454.99 | 373.61 | 5.69 |
| 2014-09-30 | 485.15 | 432.09 | 8.10 |
| 2014-06-30 | 465.60 | 428.66 | 5.90 |
| 2014-03-31 | 492.03 | 389.02 | 6.34 |
| 2013-12-31 | 500.58 | 333.86 | 4.77 |
| 2013-09-30 | 485.66 | 423.86 | 15.45 |
| 2013-06-30 | 463.61 | 448.94 | 14.38 |
| 2013-03-31 | 523.56 | 383.90 | 10.96 |
| 2012-12-31 | 532.64 | 294.25 | 10.34 |
- Cramo Oyj's level of debt (83.1%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (82.8% vs 83.1% today).
- Debt is well covered by operating cash flow (72.5%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 5x coverage).
Financial health checks
We assess Cramo Oyj's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Cramo Oyj has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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 Cramo Oyj'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
If you bought
€2,000 of
Cramo Oyj
shares you are expected to receive
€135
in your first year as a dividend.
Dividend Amount
- Cramo Oyj's pays a higher dividend yield than the bottom 25% of dividend payers in Finland (2.21%).
- Cramo Oyj's dividend is above the markets top 25% of dividend payers in Finland (4.84%).
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.
| 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 |
| Europe Trade Distributors Industry Average Dividend Yield | Market Cap Weighted Average of 62 Stocks | 2.4% |
| Finland Market Average Dividend Yield | Market Cap Weighted Average of 99 Stocks | 4.3% |
| Finland Minimum Threshold Dividend Yield | 10th Percentile | 1.4% |
| Finland Bottom 25% Dividend Yield | 25th Percentile | 2.2% |
| Finland Top 25% Dividend Yield | 75th Percentile | 4.8% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.63 | 4.00 |
| 2020-12-31 | 0.60 | 4.00 |
| 2019-12-31 | 0.54 | 4.00 |
| 2019-12-10 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-08 | 0.900 | 7.550 |
| 2018-02-09 | 0.850 | 4.756 |
| 2017-03-30 | 0.750 | 3.388 |
| 2016-03-31 | 0.650 | 3.046 |
| 2015-02-10 | 0.550 | 3.112 |
| 2014-02-12 | 0.600 | 4.380 |
| 2013-02-08 | 0.420 | 3.623 |
| 2012-08-08 | 0.300 | 3.574 |
| 2012-03-02 | 0.300 | 2.925 |
| 2012-02-14 | 0.300 | 2.425 |
| 2011-03-24 | 0.100 | 0.974 |
| 2010-11-01 | 0.000 | 0.000 |
| 2010-10-29 | 0.000 | 0.000 |
| 2010-07-29 | 0.000 | 0.000 |
| 2010-05-12 | 0.000 | 0.000 |
| 2010-03-01 | 0.000 | 0.000 |
| 2010-02-10 | 0.000 | 0.000 |
| 2009-03-05 | 0.200 | 2.382 |
| 2009-02-11 | 0.200 | 3.681 |
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 increased over the past 10 years.
Current Payout to shareholders
What portion of
Cramo Oyj's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.7x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
Income/ dividend checks
We assess Cramo Oyj's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Cramo Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Cramo Oyj has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| AGE | 52 |
| TENURE AS CEO | 3.9 years |
CEO Bio
Mr. Leif S. Gustafsson has been the Chief Executive Officer and President at Cramo Oyj since January 1, 2016. Mr. Gustafsson serves as a Head of Business Area Recycling - Stena Recycling at Stena Metall AB. He served as the Chief Executive Officer of Stena Recycling International AB from 2012 to 2015. He served as the President of Stena Recycling International since September 1, 2012. He served as the Managing Director and President of Stena Recycling AB and served as its Chief Executive Officer from 2008 to 2012. He served as Head of Sweden operations, YIT Building Systems Ltd of YIT Oyj. He served as Business Area Manager of Stena Recycling International since September 1, 2012. He served as the President of YIT Sverige AB and its Chief Executive Officer from 2005 to 2008 and also its Division manager from 2003 to 2005. He served as Division Manager of ABB Contracting from 1999 to 2003. He served as President of Stena Recycling for sewden at Stena Metall AB. Among other positions, he has served as Managing Director of Alfa Skop Teknik AB. He also has experience of the construction business from his time in the employ of Skanska and BPA. He serves as a Director of YIT Sverige AB's electrical systems division. In 2003, he serves as Director of YIT's Swedish electrical systems division, responsible for the entire Sweden-wide regional network. He serves as Member of Board of Trustees of SNS (Studieförbundet Näringsliv och Samhälle). Since 2000, he served as Director of the ABB Contracting AB division in the Stockholm area. He is Construction Engineer.
CEO Compensation
- Insufficient data for Leif to compare compensation growth.
- Insufficient data for Leif to establish whether their remuneration is reasonable compared to companies of similar size in Finland.
Management Team Tenure
Average tenure and age of the Cramo Oyj management team in years:
- The tenure for the Cramo Oyj management team is about average.
Management Team
Leif Gustafsson
President & CEO
52
3.9 yrs
Aku Rumpunen
Chief Financial Officer
45
3 yrs
Sohana Josefsson
Senior Vice President of Marketing & Communications
46
0.7 yrs
Mika Kouhi
Senior Vice President of M&A and Corporate Development
1.3 yrs
Jukka Kotakorpi
Managing Director of Production Units Tilamarkkinat Oy
Tatu Hauhio
Executive Vice President of Finland & Eastern Europe
49
13.9 yrs
Martin Holmgren
Senior Vice President of Fleet Management
52
6.9 yrs
Camilla Hensäter
Interim Senior Vice President of Modular Space
2.7 yrs
Hartwig Finger
Executive Vice President of Central Europe
1.5 yrs
Joakim Schedvins
Acting Head of Equipment Rental Scandinavia
43
0.7 yrs
Board of Directors Tenure
Average tenure and age of the Cramo Oyj board of directors in years:
- The average tenure for the Cramo Oyj board of directors is less than 3 years, this suggests a new board.
Board of Directors
Veli-Matti Reinikkala
Chairman
62
2.8 yrs
Peter Nilsson
Deputy Chairman
57
0.8 yrs
Joakim Rubin
Director
59
4.9 yrs
Raimo Seppänen
Director
63
5.9 yrs
AnnaCarin Grandin
Director
52
1.8 yrs
Andrew Studdert
Director
63
0.8 yrs
Christian Bubenheim
Director
54
0.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Cramo Oyj's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Cramo Oyj 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
Simply Wall St News
Is Cramo Oyj's (HEL:CRA1V) ROE Of 20% Impressive?
The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Cramo Oyj: 20% = €77m ÷ €377m (Based on the trailing twelve months to June 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Combining Cramo Oyj's Debt And Its 20% Return On Equity Although Cramo Oyj does use debt, its debt to equity ratio of 0.98 is still low. … A company that can achieve a high return on equity without debt could be considered a high quality business.
Simply Wall St - – Full articleThese 4 Measures Indicate That Cramo Oyj (HEL:CRA1V) Is Using Debt Extensively
HLSE:CRA1V Historical Debt, August 16th 2019 How Healthy Is Cramo Oyj's Balance Sheet? … But it is future earnings, more than anything, that will determine Cramo Oyj's ability to maintain a healthy balance sheet going forward. … Our View To be frank both Cramo Oyj's conversion of EBIT to free cash flow and its track record of staying on top of its total liabilities make us rather uncomfortable with its debt levels.
Simply Wall St - – Full articleDo Insiders Own Lots Of Shares In Cramo Oyj (HEL:CRA1V)?
Generally speaking, as a company grows, institutions will increase their ownership. … Our analysis of the ownership of the company, below, shows that institutions own shares in the company. … Insider Ownership Of Cramo Oyj The definition of company insiders can be subjective, and does vary between jurisdictions.
Simply Wall St - – Full articleWhat Is Cramo Oyj's (HEL:CRA1V) P/E Ratio After Its Share Price Tanked?
One way to gauge market expectations of a stock is to look at its Price to Earnings Ratio (PE Ratio). … HLSE:CRA1V Price Estimation Relative to Market, July 9th 2019 Its relatively low P/E ratio indicates that Cramo Oyj shareholders think it will struggle to do as well as other companies in its industry classification. … How Does Cramo Oyj's Debt Impact Its P/E Ratio?
Simply Wall St - – Full articleWith A -6.4% Earnings Drop, Did Cramo Oyj (HEL:CRA1V) Really Underperform?
Assessing Cramo Oyj's (HEL:CRA1V) performance as a company requires looking at more than just a years' earnings data. … Check out our latest analysis for Cramo Oyj Was CRA1V's recent earnings decline indicative of a tough track record? … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 23%, indicating the rate at which CRA1V is growing has slowed down.
Simply Wall St - – Full articleEstimating The Intrinsic Value Of Cramo Oyj (HEL:CRA1V)
Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. … A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 10-year free cash flow (FCF) estimate 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF (€, Millions) €77.25 €93.75 €88.35 €90.10 €83.50 €81.73 €80.65 €80.03 €79.73 €79.65 Growth Rate Estimate Source Analyst x4 Analyst x4 Analyst x4 Analyst x1 Analyst x1 Est @ -2.12% Est @ -1.32% Est @ -0.76% Est @ -0.37% Est @ -0.1% Present Value (€, Millions) Discounted @ 9.77% €70.37 €77.80 €66.80 €62.06 €52.39 €46.72 €41.99 €37.96 €34.46 €31.36 Present Value of 10-year Cash Flow (PVCF)= €521.91m "Est" = FCF growth rate estimated by Simply Wall St After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. … Terminal Value (TV) = FCF2029 × (1 + g) ÷ (r – g) = €80m × (1 + 0.5%) ÷ (9.8% – 0.5%) = €868m Present Value of Terminal Value (PVTV) = TV / (1 + r)10 = €€868m ÷ ( 1 + 9.8%)10 = €341.56m The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is €863.47m.
Simply Wall St - – Full articleHere's What Cramo Oyj's (HEL:CRA1V) P/E Ratio Is Telling Us
We'll look at Cramo Oyj's (HEL:CRA1V) P/E ratio and reflect on what it tells us about the company's share price. … The formula for P/E is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Cramo Oyj: P/E of 10.28 = €18.75 ÷ €1.82 (Based on the year to March 2019.) Is A High P/E Ratio Good? … The higher the P/E ratio, the higher the price tag of a business, relative to its trailing earnings.
Simply Wall St - – Full articleIs Cramo Oyj's (HEL:CRA1V) Balance Sheet A Threat To Its Future?
Help shape the future of investing tools and you could win a $250 gift card! … Investors are always looking for growth in small-cap stocks like Cramo Oyj (HEL:CRA1V), with a market cap of €822m. … However, an important fact which most ignore is: how financially healthy is the business?
Simply Wall St - – Full articleIs Cramo Oyj (HEL:CRA1V) A Great Dividend Stock?
Could Cramo Oyj (HEL:CRA1V) be an attractive dividend share to own for the long haul? … Investors are often drawn to a company for its dividend. … On the other hand, investors have been known to buy a stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations.
Simply Wall St - – Full articleWhat Percentage Of Cramo Oyj (HEL:CRA1V) Shares Do Insiders Own?
Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Our analysis of the ownership of the company, below, shows that. … institutions own shares in the company
Simply Wall St - – Full articleCompany Info
Description
Cramo Oyj, a service company, engages in the rental of equipment and modular spaces. The company operates through Equipment Rental, Scandinavia; Equipment Rental, Finland and Eastern Europe; Equipment Rental, Central Europe; and Modular Space segments. It rents tools comprising ordinary machines, including transporting equipment concrete and concrete treatment, compaction, temporary electricity, heating, material lifting, measurment/control, and cleaning equipment, as well as pumps and power tools; special machines, such as heat cameras and machines for welding plastic pipes; and accessories. The company also rents construction machines that include dumpers, excavators, loaders, demolition robots, soil and asphalt compaction rollers, generators, compressors, and drill rigs for use in road and other construction works; access equipment, such as mini cranes, telehandlers, warehouse trucks and forklifts, vertical mast lifts, scissor lifts, articulated boom lifts, telescopic boom lifts, and trailer/truck mounted lifts; and building site facilities. In addition, it rents modular spaces for offices, schools, daycare, accommodation, and events and exhibitions use under the Cramo Adapteo brand. The company operates through a fleet of approximately 230,000 equipment rental items with a network of 300 depots in 14 countries. It has operations in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Poland, the Czech Republic, Slovakia, Germany, Austria, and Hungary. The company was formerly known as Rakentajain Konevuokraamo Oyj and changed its name to Cramo Oyj in November 2006. Cramo Oyj was founded in 1953 and is headquartered in Vantaa, Finland.
Details
| Name: | Cramo Oyj |
| CRA1V | |
| Exchange: | HLSE |
| Founded: | 1953 |
| €595,173,524 | |
| 44,682,697 | |
| Website: | http://www.cramogroup.com |
| Address: |
Cramo Oyj Kalliosolantie 2, Vantaa, 01740, Finland |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| HLSE | CRA1V | Series B Shares | OMX Nordic Exchange Helsinki | FI | EUR | 17. Dec 1992 | |
| DB | RAON | Series B Shares | Deutsche Boerse AG | DE | EUR | 17. Dec 1992 | |
| BATS-CHIXE | CRA1VH | Series B Shares | BATS 'Chi-X Europe' | GB | EUR | 17. Dec 1992 |
Number of employees
Current staff
Industry
| Trading Companies and Distributors | |
| Capital Goods |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/12/10 20:44 |
| End of day share price update: | 2019/12/10 00:00 |
| Last estimates confirmation: | 2019/12/04 |
| Last earnings filing: | 2019/10/31 |
| Last earnings reported: | 2019/09/30 |
| Last annual earnings reported: | 2018/12/31 |
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.
