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Saga Furs Oyj

HLSE:SAGCV
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SAGCV
HLSE
€42M
Market Cap
  1. Home
  2. FI
  3. Commercial Services
Company description

Saga Furs Oyj operates as a full service auction house in the fur and fashion industries in Finland. The last earnings update was 163 days ago. More info.


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SAGCV Share Price and Events
7 Day Returns
-4.6%
HLSE:SAGCV
2.7%
FI Commercial Services
-0.7%
FI Market
1 Year Returns
35.3%
HLSE:SAGCV
25.2%
FI Commercial Services
9.9%
FI Market
SAGCV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Saga Furs Oyj (SAGCV) -4.6% -1.3% 15.7% 35.3% -17.2% -54.2%
FI Commercial Services 2.7% 3.5% 19.4% 25.2% 5.3% 17.3%
FI Market -0.7% -2.2% 1.2% 9.9% 11.3% 25.5%
1 Year Return vs Industry and Market
  • SAGCV outperformed the Commercial Services industry which returned 25.2% over the past year.
  • SAGCV outperformed the Market in Finland which returned 9.9% over the past year.
Price Volatility
SAGCV
Industry
5yr Volatility vs Market

SAGCV Value

 Is Saga Furs 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 Saga Furs 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.
Raw Data

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

HLSE:SAGCV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.8%
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.

Calculation of Discount Rate/ Cost of Equity for HLSE:SAGCV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FI Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 5.9%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.66 (1 + (1- 20%) (111.66%))
1.167
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.17
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.11% + (1.167 * 5.94%)
6.82%

Discounted Cash Flow Calculation for HLSE:SAGCV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Saga Furs 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.

HLSE:SAGCV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.82%)
2020 5.63 Est @ -16.58% 5.27
2021 4.97 Est @ -11.64% 4.36
2022 4.57 Est @ -8.18% 3.75
2023 4.30 Est @ -5.76% 3.31
2024 4.13 Est @ -4.07% 2.97
2025 4.01 Est @ -2.88% 2.70
2026 3.93 Est @ -2.05% 2.47
2027 3.87 Est @ -1.47% 2.28
2028 3.83 Est @ -1.06% 2.11
2029 3.80 Est @ -0.77% 1.96
Present value of next 10 years cash flows €31.00
HLSE:SAGCV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €3.80 × (1 + -0.11%) ÷ (6.82% – -0.11%)
€54.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €54.74 ÷ (1 + 6.82%)10
€28.29
HLSE:SAGCV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €31.00 + €28.29
€59.29
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €59.29 / 3.54
€16.76
HLSE:SAGCV Discount to Share Price
Calculation Result
Value per share (EUR) From above. €16.76
Current discount Discount to share price of €11.45
= -1 x (€11.45 - €16.76) / €16.76
31.7%

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

Current Discount
Amount off the current price Saga Furs Oyj is available for.
Intrinsic value
32%
Share price is €11.45 vs Future cash flow value of €16.76
Current Discount Checks
For Saga Furs Oyj to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Saga Furs Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Saga Furs 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 Saga Furs Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Saga Furs Oyj's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
HLSE:SAGCV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in EUR €-0.02
HLSE:SAGCV Share Price ** HLSE (2019-12-05) in EUR €11.45
Europe Commercial Services Industry PE Ratio Median Figure of 102 Publicly-Listed Commercial Services Companies 17.09x
Finland Market PE Ratio Median Figure of 95 Publicly-Listed Companies 19.45x

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

** Primary Listing of Saga Furs Oyj.

HLSE:SAGCV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 11.45 ÷ -0.02

-530.07x

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

  • Saga Furs Oyj is loss making, we can't compare its value to the Europe Commercial Services industry average.
  • Saga Furs Oyj is loss making, we can't compare the value of its earnings to the Finland market.
Price based on expected Growth
Does Saga Furs Oyj's expected growth come at a high price?
Raw Data
HLSE:SAGCV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -530.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Commercial Services Industry PEG Ratio Median Figure of 52 Publicly-Listed Commercial Services Companies 1.41x
Finland Market PEG Ratio Median Figure of 83 Publicly-Listed Companies 1.61x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Saga Furs Oyj, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Saga Furs Oyj's assets?
Raw Data
HLSE:SAGCV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in EUR €24.16
HLSE:SAGCV Share Price * HLSE (2019-12-05) in EUR €11.45
Finland Commercial Services Industry PB Ratio Median Figure of 5 Publicly-Listed Commercial Services Companies 1.36x
Finland Market PB Ratio Median Figure of 139 Publicly-Listed Companies 2.03x
HLSE:SAGCV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 11.45 ÷ 24.16

0.47x

* Primary Listing of Saga Furs Oyj.

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

  • Saga Furs Oyj is good value based on assets compared to the FI Commercial Services industry average.
X
Value checks
We assess Saga Furs Oyj'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Saga Furs 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.

SAGCV Future Performance

 How is Saga Furs Oyj expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Saga Furs Oyj has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
15.8%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Saga Furs Oyj expected to grow at an attractive rate?
  • Unable to compare Saga Furs Oyj's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Saga Furs Oyj's earnings growth to the Finland market average as no estimate data is available.
  • Unable to compare Saga Furs Oyj's revenue growth to the Finland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
HLSE:SAGCV Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
Europe Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 5%
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
Raw Data
HLSE:SAGCV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
HLSE:SAGCV Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-04-30 43 8 0
2019-01-31 45 -1 -1
2018-10-31 46 -10 -2
2018-07-31 47 0 0
2018-04-30 48 10 2
2018-01-31 50 25 4
2017-10-31 53 40 7
2017-07-31 53 38 8
2017-04-30 52 36 10
2017-01-31 48 25 4
2016-10-31 43 15 -2
2016-07-31 38 -36 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Saga Furs Oyj is high growth as no earnings estimate data is available.
  • Unable to determine if Saga Furs Oyj is high growth as no revenue estimate data is available.
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
HLSE:SAGCV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Saga Furs Oyj Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:SAGCV Past Financials Data
Date (Data in EUR Millions) EPS *
2019-04-30 -0.02
2019-01-31 -0.22
2018-10-31 -0.42
2018-07-31 0.02
2018-04-30 0.47
2018-01-31 1.24
2017-10-31 2.02
2017-07-31 2.35
2017-04-30 2.69
2017-01-31 1.01
2016-10-31 -0.68
2016-07-31 -2.76

*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.
  • Unable to establish if Saga Furs Oyj will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Saga Furs Oyj's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  2. Saga Furs Oyj's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Saga Furs Oyj'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Saga Furs Oyj 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.

SAGCV Past Performance

  How has Saga Furs 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
Below we compare Saga Furs Oyj's growth in the last year to its industry (Commercial Services).
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.
  • Saga Furs Oyj does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Saga Furs Oyj's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Saga Furs Oyj's 1-year growth to the Europe Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Saga Furs Oyj'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 Saga Furs Oyj Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:SAGCV Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 43.47 -0.08
2019-01-31 44.61 -0.79
2018-10-31 45.75 -1.51
2018-07-31 46.86 0.08
2018-04-30 47.97 1.67
2018-01-31 50.35 4.46
2017-10-31 52.73 7.26
2017-07-31 52.57 8.48
2017-04-30 52.41 9.71
2017-01-31 47.71 3.63
2016-10-31 43.01 -2.44
2016-07-31 37.85 -9.94
2016-04-30 43.94 -7.14
2016-01-31 60.24 7.68
2015-10-31 58.51 7.40
2015-07-31 59.25 10.09
2015-04-30 56.38 9.05
2015-01-31 51.84 2.93
2014-10-31 49.78 1.47
2014-07-31 46.16 2.10
2014-04-30 51.99 4.00
2014-01-31 59.83 11.99
2013-10-31 67.26 19.12
2013-08-31 71.08 21.10
2013-05-31 64.97 17.76
2013-02-28 61.26 16.87

*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.
  • It is difficult to establish if Saga Furs Oyj has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Saga Furs Oyj has efficiently used its assets last year compared to the Europe Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Saga Furs Oyj improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Saga Furs Oyj'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 Commercial Services 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.
Saga Furs Oyj has a total score of 0/6, 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.

SAGCV Health

 How is Saga Furs 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 Saga Furs Oyj's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Saga Furs Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Saga Furs Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Saga Furs Oyj'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.5x 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 Saga Furs Oyj Company Filings, last reported 7 months ago.

HLSE:SAGCV Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 85.44 46.60 5.23
2019-01-31 85.44 46.60 5.23
2018-10-31 88.93 58.54 3.42
2018-07-31 88.93 58.54 3.42
2018-04-30 87.54 68.12 15.14
2018-01-31 87.54 68.12 15.14
2017-10-31 93.99 49.36 3.22
2017-07-31 93.99 49.36 3.22
2017-04-30 90.48 68.31 3.62
2017-01-31 90.48 68.31 3.62
2016-10-31 88.52 96.04 11.82
2016-07-31 88.52 96.04 11.82
2016-04-30 81.48 101.27 8.26
2016-01-31 81.48 101.27 8.26
2015-10-31 95.07 104.45 6.25
2015-07-31 98.91 61.63 5.57
2015-04-30 92.82 103.22 30.97
2015-01-31 85.21 118.67 6.38
2014-10-31 90.20 99.37 4.06
2014-07-31 90.85 60.53 5.71
2014-04-30 85.57 101.07 7.34
2014-01-31 88.95 71.70 5.69
2013-10-31 95.41 54.42 25.07
2013-08-31 94.17 52.05 47.26
2013-05-31 84.02 42.44 40.50
2013-02-28 73.19 41.46 5.40
  • Saga Furs Oyj's level of debt (54.5%) 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 (117.5% vs 54.5% today).
  • Debt is not well covered by operating cash flow (17.6%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Saga Furs Oyj's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Saga Furs Oyj'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. Saga Furs Oyj has a total score of 3/6, 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.

SAGCV Dividends

 What is Saga Furs 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
Dividend payments
4.37%
Current annual income from Saga Furs Oyj dividends.
If you bought €2,000 of Saga Furs Oyj shares you are expected to receive €87 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?
  • Saga Furs Oyj's pays a higher dividend yield than the bottom 25% of dividend payers in Finland (2.21%).
  • Saga Furs Oyj's dividend is below the markets top 25% of dividend payers in Finland (4.92%).
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
HLSE:SAGCV 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 0 Analyst Estimates (S&P Global) See Below
Europe Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 75 Stocks 3%
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 4.9%

Industry and Market average data is calculated daily.

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

HLSE:SAGCV Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-01-28 0.500 4.866
2019-01-23 0.500 5.824
2018-01-29 1.000 8.706
2018-01-25 1.000 6.580
2017-01-27 0.500 3.087
2017-01-25 0.500 2.899
2016-01-27 1.000 6.810
2015-12-29 1.000 6.225
2015-01-28 0.700 3.147
2014-12-30 0.700 3.273
2014-01-28 2.050 7.503
2013-10-31 2.050 4.984
2013-01-30 1.700 6.067
2011-11-29 1.450 8.260
2010-11-30 1.060 7.281
2010-11-29 1.060 8.625
2009-11-30 0.420 4.646
2009-01-20 0.700 9.142

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 Saga Furs Oyj's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Saga Furs Oyj's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - 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 Saga Furs Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Saga Furs Oyj has a total score of 1/6, see the detailed checks below.


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

SAGCV Management

 What is the CEO of Saga Furs Oyj'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
Pertti Fallenius
COMPENSATION €0
AGE 57
TENURE AS CEO 10.3 years
CEO Bio

Mr. Pertti Fallenius has been Chief Executive Officer of Saga Furs Oyj since September 2009 and has been its Managing Director since 2009. Mr. Fallenius sees legality of Saga Furs Oyj's accounting and the reliable organisation of treasury management. He has been working at Saga Furs Oyj since 1985. He served as Marketing Manager at Saga Furs Oyj since 1991, Marketing Director since 1998 and Managing Director's Deputy 2003. He is a Board Member of International Fur Trade Federation and Saga Furs of Scandinavia. He is an Engineering student.

CEO Compensation
  • Insufficient data for Pertti to compare compensation growth.
  • Insufficient data for Pertti to establish whether their remuneration is reasonable compared to companies of similar size in Finland.
Management Team Tenure

Average tenure and age of the Saga Furs Oyj management team in years:

10.3
Average Tenure
51
Average Age
  • The average tenure for the Saga Furs Oyj management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Pertti Fallenius

TITLE
President
AGE
57
TENURE
10.3 yrs

Juha Huttunen

TITLE
Executive VP of Finance
AGE
55

Mikko Hovén

TITLE
Sales Director
AGE
45
TENURE
4.9 yrs

Marjatta Paunonen

TITLE
Director of Human Resources
AGE
51
TENURE
10.9 yrs

Stefan Saaristo

TITLE
Business Director of Finland
AGE
45

Julio Christiansen

TITLE
Business Director of Other European Markets
Board of Directors Tenure

Average tenure and age of the Saga Furs Oyj board of directors in years:

5.9
Average Tenure
51.5
Average Age
  • The tenure for the Saga Furs Oyj board of directors is about average.
Board of Directors

Jorma Kauppila

TITLE
Chairman of the Board
AGE
58
TENURE
16.9 yrs

Kenneth Ingman

TITLE
Vice Chairman of the Board
AGE
49

Rainer Sjöholm

TITLE
Director
AGE
49
TENURE
11.9 yrs

Hannu Sillanpää

TITLE
Director
AGE
58
TENURE
8.9 yrs

Lasse Joensuu

TITLE
Director
AGE
48
TENURE
5.9 yrs

Anders Kulp

TITLE
Director
AGE
46
TENURE
3.9 yrs

Virve Kuusela

TITLE
Director
AGE
54
TENURE
3.9 yrs

Isto Kärkäinen

TITLE
Director
AGE
59
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Saga Furs Oyj'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. Saga Furs 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.

SAGCV News

Simply Wall St News

Saga Furs Oyj (HEL:SAGCV) Is Making Moderate Use Of Debt

HLSE:SAGCV Historical Debt, August 28th 2019 A Look At Saga Furs Oyj's Liabilities Zooming in on the latest balance sheet data, we can see that Saga Furs Oyj had liabilities of €81.0m due within 12 months and liabilities of €1.48m due beyond that. … This luscious liquidity implies that Saga Furs Oyj's balance sheet is sturdy like a giant sequoia tree. … But it is Saga Furs Oyj's earnings that will influence how the balance sheet holds up in the future.

Simply Wall St -

Something To Consider Before Buying Saga Furs Oyj (HEL:SAGCV) For The 5.0% Dividend

Is Saga Furs Oyj (HEL:SAGCV) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can be highly rewarding in the long term. Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. In this case, Saga Furs Oyj likely looks attractive to investors, given its 5.0% dividend yield and a payment history of over ten years. We'd guess that plenty of investors have purchased it for the income. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. … For the purpose of this article, we only scrutinise the last decade of Saga Furs Oyj's dividend payments. … Dividend Growth Potential With a relatively unstable dividend, it's even more important to see if earnings per share (EPS) are growing. Why take the risk of a dividend getting cut, unless there's a good chance of bigger dividends in future? Over the past five years, it looks as though Saga Furs Oyj's EPS have declined at around 14% a year. If earnings continue to decline, the dividend may come under pressure. Every investor should make an assessment of whether the company is taking steps to stabilise the situation. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

Did Changing Sentiment Drive Saga Furs Oyj's (HEL:SAGCV) Share Price Down A Worrying 60%?

At this point some shareholders may be questioning their investment in Saga Furs Oyj (HEL:SAGCV), since the last five years saw the share price fall 60%. … In the last half decade Saga Furs Oyj saw its share price fall as its EPS declined below zero. … We note that for Saga Furs Oyj the TSR over the last 5 years was -50%, which is better than the share price return mentioned above.

Simply Wall St -

Does Saga Furs Oyj (HEL:SAGCV) Have A Volatile Share Price?

Anyone researching Saga Furs Oyj (HEL:SAGCV) might want to consider the historical volatility of the share price. … This is above 1, so historically its share price has been influenced by the broader volatility of the stock market. … What this means for you: Beta only tells us that the Saga Furs Oyj share price is sensitive to broader market movements.

Simply Wall St -

You Might Like Saga Furs Oyj (HEL:SAGCV) But Do You Like Its Debt?

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 Saga Furs Oyj (HEL:SAGCV), with a market cap of €44m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

How Does Saga Furs Oyj (HEL:SAGCV) Fare As A Dividend Stock?

Historically, Saga Furs Oyj (HEL:SAGCV) has been paying a dividend to shareholders. … Let's take a look at Saga Furs Oyj in more detail. … Check out our latest analysis for Saga Furs Oyj

Simply Wall St -

Did You Manage To Avoid Saga Furs Oyj's Devastating 73% Share Price Drop?

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Over five years Saga Furs Oyj's earnings per share dropped significantly, falling to a loss, with the share price also lower. … The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers)

Simply Wall St -

Does Market Volatility Impact Saga Furs Oyj's (HEL:SAGCV) Share Price?

If you're interested in Saga Furs Oyj (HEL:SAGCV), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Is Saga Furs Oyj (HEL:SAGCV) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like Saga Furs Oyj (HEL:SAGCV), with a market cap of €32m. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

Why Saga Furs Oyj's (HEL:SAGCV) ROE Of 1.9% Does Not Tell The Whole Story

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Another way to think of that is that for every €1 worth of equity in the company, it was able to earn €0.019. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

SAGCV Company Info

Description

Saga Furs Oyj operates as a full service auction house in the fur and fashion industries in Finland. The company offers mink, fox, finnraccoon, karakul, and other furs under the Saga Furs brand name. It serves fur breeders and suppliers, clothing manufacturers, and fashion houses. The company was formerly known as Turkistuottajat Oyj and changed its name to Saga Furs Oyj in October 2011. Saga Furs Oyj was founded in 1938 and is based in Vantaa, Finland.

Details
Name: Saga Furs Oyj
SAGCV
Exchange: HLSE
Founded: 1938
€41,735,561
3,536,912
Website: http://www.sagafurs.com
Address: Saga Furs Oyj
Martinkyläntie 48,
Vantaa,
Uusimaa, Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE SAGCV Series C Shares OMX Nordic Exchange Helsinki FI EUR 10. May 1996
LSE 0GCM Series C Shares London Stock Exchange GB EUR 10. May 1996
Number of employees
Current staff
Staff numbers
0
Saga Furs Oyj employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/07 20:49
End of day share price update: 2019/12/05 00:00
Last earnings filing: 2019/06/27
Last earnings reported: 2019/04/30
Last annual earnings reported: 2018/10/31


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.