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VMP Oyj

HLSE:VMP
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VMP
HLSE
€163M
Market Cap
  1. Home
  2. FI
  3. Commercial Services
Company description

VMP Oyj operates as a HR services company in Finland, Sweden, and Estonia. The last earnings update was 25 days ago. More info.


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  • VMP Oyj has significant price volatility in the past 3 months.
VMP Share Price and Events
7 Day Returns
-6.5%
HLSE:VMP
1.4%
FI Professional Services
-0.7%
FI Market
1 Year Returns
61.3%
HLSE:VMP
27.1%
FI Professional Services
9.9%
FI Market
VMP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
VMP Oyj (VMP) -6.5% 18.3% 32.2% 61.3% - -
FI Professional Services 1.4% 4.1% 15.4% 27.1% 84.8% 70.2%
FI Market -0.7% -2.2% 1.2% 9.9% 11.3% 25.5%
1 Year Return vs Industry and Market
  • VMP outperformed the Professional Services industry which returned 27.1% over the past year.
  • VMP outperformed the Market in Finland which returned 9.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

VMP Value

 Is VMP 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 VMP 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 VMP Oyj.

HLSE:VMP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6%
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:VMP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FI Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 5.9%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.827 (1 + (1- 20%) (32.59%))
1.028
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.11% + (1.028 * 5.94%)
6%

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

The calculations below outline how an intrinsic value for VMP 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:VMP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6%)
2020 15.83 Analyst x3 14.94
2021 18.53 Analyst x3 16.49
2022 23.10 Analyst x1 19.40
2023 21.90 Analyst x1 17.35
2024 21.14 Est @ -3.47% 15.80
2025 20.62 Est @ -2.46% 14.54
2026 20.26 Est @ -1.76% 13.47
2027 20.00 Est @ -1.26% 12.55
2028 19.82 Est @ -0.92% 11.73
2029 19.68 Est @ -0.67% 10.99
Present value of next 10 years cash flows €147.00
HLSE:VMP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €19.68 × (1 + -0.11%) ÷ (6% – -0.11%)
€321.86
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €321.86 ÷ (1 + 6%)10
€179.74
HLSE:VMP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €147.00 + €179.74
€326.74
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €326.74 / 24.85
€13.15
HLSE:VMP Discount to Share Price
Calculation Result
Value per share (EUR) From above. €13.15
Current discount Discount to share price of €6.45
= -1 x (€6.45 - €13.15) / €13.15
50.9%

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

Current Discount
Amount off the current price VMP Oyj is available for.
Intrinsic value
>50%
Share price is €6.45 vs Future cash flow value of €13.15
Current Discount Checks
For VMP Oyj to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • VMP Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • VMP Oyj's share price is below the future cash flow value, and 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 VMP Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are VMP Oyj's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
HLSE:VMP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in EUR €0.04
HLSE:VMP Share Price ** HLSE (2019-12-05) in EUR €6.45
Finland Professional Services Industry PE Ratio Median Figure of 8 Publicly-Listed Professional Services Companies 36.72x
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 VMP Oyj.

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

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

= 6.45 ÷ 0.04

163.18x

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

  • VMP Oyj is overvalued based on earnings compared to the FI Professional Services industry average.
  • VMP Oyj is overvalued based on earnings compared to the Finland market.
Price based on expected Growth
Does VMP Oyj's expected growth come at a high price?
Raw Data
HLSE:VMP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 163.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
56.9%per year
Finland Professional Services Industry PEG Ratio Median Figure of 5 Publicly-Listed Professional Services Companies 1.61x
Finland Market PEG Ratio Median Figure of 83 Publicly-Listed Companies 1.61x

*Line of best fit is calculated by linear regression .

HLSE:VMP PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 163.18x ÷ 56.9%

2.87x

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

  • VMP Oyj is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on VMP Oyj's assets?
Raw Data
HLSE:VMP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in EUR €4.11
HLSE:VMP Share Price * HLSE (2019-12-05) in EUR €6.45
Finland Professional Services Industry PB Ratio Median Figure of 9 Publicly-Listed Professional Services Companies 1.57x
Finland Market PB Ratio Median Figure of 139 Publicly-Listed Companies 2.03x
HLSE:VMP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 6.45 ÷ 4.11

1.57x

* Primary Listing of VMP Oyj.

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

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

VMP Future Performance

 How is VMP Oyj expected to perform in the next 1 to 3 years based on estimates from 3 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
56.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is VMP Oyj expected to grow at an attractive rate?
  • VMP Oyj's earnings growth is expected to exceed the low risk savings rate of -0.1%.
Growth vs Market Checks
  • VMP Oyj's earnings growth is expected to exceed the Finland market average.
  • VMP Oyj's revenue growth is expected to exceed the Finland market average.
Annual Growth Rates Comparison
Raw Data
HLSE:VMP Future Growth Rates Data Sources
Data Point Source Value (per year)
HLSE:VMP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 56.9%
HLSE:VMP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 17.8%
Finland Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 25.2%
Finland Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 8.7%
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:VMP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
HLSE:VMP Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 23
2022-12-31 328 24 4 1
2021-12-31 332 21 3 3
2020-12-31 326 18 2 3
2019-12-31 220 13 1 3
2019-12-07
HLSE:VMP Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-09-30 172 10 1
2019-06-30 147 8 1
2019-03-31 135 9 -2
2018-12-31 125 8 -3
2017-12-31 63 5 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • VMP Oyj's earnings are expected to grow significantly at over 20% yearly.
  • VMP Oyj's revenue is expected to grow by 17.8% 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
HLSE:VMP 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 3 Analyst Estimates (S&P Global) See Below

All data from VMP Oyj Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:VMP Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.18 0.18 0.18 1.00
2021-12-31 0.13 0.21 0.05 3.00
2020-12-31 0.10 0.15 0.03 3.00
2019-12-31 0.03 0.07 0.00 3.00
2019-12-07
HLSE:VMP Past Financials Data
Date (Data in EUR Millions) EPS *
2019-09-30 0.04
2019-06-30 0.07
2019-03-31 -0.12
2018-12-31 -0.20
2017-12-31

*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.
  • VMP Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess VMP 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 Finland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Finland 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.
VMP Oyj has a total score of 4/6, 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.

VMP Past Performance

  How has VMP 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 VMP Oyj's growth in the last year to its industry (Professional 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.
  • Unable to establish if VMP Oyj's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare VMP Oyj's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • VMP Oyj has become profitable in the last year making it difficult to compare the FI Professional Services industry average.
Earnings and Revenue History
VMP 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 VMP Oyj Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:VMP Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 171.57 0.62 1.59
2019-06-30 147.01 1.08 1.59
2019-03-31 135.07 -2.13 1.59
2018-12-31 124.89 -2.97 1.59
2017-12-31 62.94 -4.65 0.84

*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.
  • VMP Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • VMP Oyj used its assets less efficiently than the FI Professional Services industry average last year based on Return on Assets.
  • Unable to establish if VMP Oyj improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess VMP 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 Professional 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.
VMP 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.

VMP Health

 How is VMP 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 VMP Oyj's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • VMP Oyj's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • VMP Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of VMP 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 1x 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 VMP Oyj Company Filings, last reported 2 months ago.

HLSE:VMP Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 102.55 53.04 3.84
2019-06-30 54.64 26.21 5.62
2019-03-31 54.91 26.20 10.43
2018-12-31 55.74 20.26 8.65
2017-12-31 5.21 45.75 4.83
  • VMP Oyj's level of debt (51.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if VMP Oyj's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (18.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.5x coverage).
X
Financial health checks
We assess VMP 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. VMP Oyj 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.

VMP Dividends

 What is VMP 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
1.24%
Current annual income from VMP Oyj dividends. Estimated to be 4.32% next year.
If you bought €2,000 of VMP Oyj shares you are expected to receive €25 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?
  • VMP Oyj's pays a lower dividend yield than the bottom 25% of dividend payers in Finland (2.21%).
  • VMP 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:VMP 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 3 Analyst Estimates (S&P Global) See Below
Finland Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.9%
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:VMP Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.32 3.00
2020-12-31 0.28 3.00
2019-12-31 0.24 3.00
2019-12-07
HLSE:VMP Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-28 0.080 1.594

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

  • VMP Oyj is not paying a notable dividend for Finland, therefore no need to check if the payments are stable.
  • VMP Oyj is not paying a notable dividend for Finland, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of VMP Oyj's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of VMP Oyj's dividends as it is not paying a notable one for Finland.
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (0.6x coverage).
X
Income/ dividend checks
We assess VMP 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 VMP Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. VMP Oyj has a total score of 0/6, see the detailed checks below.


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

VMP Management

 What is the CEO of VMP 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
Sami Asikainen
AGE 48
TENURE AS CEO 0.3 years
CEO Bio

Mr. Sami Asikainen has been Chief Executive Officer at VMP Oyj since August 23, 2019. He has been Managing Director of Wulff Oy AB at Wulff-Group Plc since August 10, 2011. Mr. Asikainen has been Sales Director of On-trade at Hartwall Ltd. since 2004. He served as a Member of Executive Board at Wulff-Group Plc from August 10, 2011 to August 2014. He has worked for Hartwall since 1997 in capacities such as Vending Sales Manager and Service Channel Sales Director. Mr. Asikainen served as Executive Board Member of Oy Hartwall Ab from 2006 to 2011. Mr. Asikainen serves as a Chief Executive Director and Managing Director at Smile Henkilöstöpalvelut Oyj.

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

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

0.6
Average Tenure
49
Average Age
  • The average tenure for the VMP Oyj management team is less than 2 years, this suggests a new team.
Management Team

Sami Asikainen

TITLE
Chief Executive Officer
AGE
48
TENURE
0.3 yrs

Hannu Nyman

TITLE
Chief Financial Officer
AGE
50
TENURE
0.6 yrs

Tomi Laaksola

TITLE
Director of Staffing Services
TENURE
0.9 yrs

Jani Suominen

TITLE
Director of Entrepreneur Services
AGE
52
TENURE
1.9 yrs

Aki Peiju

TITLE
Chief Digital Officer
AGE
42
TENURE
0.5 yrs

Hanna Lehto

TITLE
CCO & CMO
AGE
35
TENURE
0.3 yrs

Laura Santasalo

TITLE
Director of Recruitment & Organizational Development Services
AGE
57
TENURE
0.9 yrs
Board of Directors Tenure

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

0.5
Average Tenure
48.5
Average Age
  • The average tenure for the VMP Oyj board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tapio Pajuharju

TITLE
Chairman of the Board
AGE
56
TENURE
0.3 yrs

Liisa Harjula

TITLE
Independent Director
AGE
47
TENURE
2.9 yrs

Paul-Petteri Savolainen

TITLE
Independent Director
AGE
43
TENURE
6.9 yrs

Mika Uotila

TITLE
Independent Director
AGE
48
TENURE
2.9 yrs

Kati Hagros

TITLE
Independent Director
AGE
49
TENURE
0.8 yrs

Timo Laine

TITLE
Independent Director
AGE
53
TENURE
0.3 yrs

Jarno Suominen

TITLE
Director
AGE
47
TENURE
0.3 yrs

Timo Mänty

TITLE
Director
AGE
59
TENURE
0.3 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 VMP 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. VMP 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.

VMP News

Simply Wall St News

VMP Company Info

Description

VMP Oyj operates as a HR services company in Finland, Sweden, and Estonia. The company offers staffing services, including temporary labor to corporate customers under the VMP Varamiespalvelu, Staffplus, Henkilöstötalo Voima, and Enjoy brands. It also provides recruitment and organizational development services, including permanent staff recruitment, as well as training, change management, recruitment, and headhunting services under the Personnel and VMP brand names. In addition, the company offers self-employment services under the Eezy brand name; and home care services under the Alina brand. It provides its services through its own units and franchisees. VMP Oyj was founded in 1988 and is based in Turku, Finland.

Details
Name: VMP Oyj
VMP
Exchange: HLSE
Founded: 1988
€162,763,406
24,849,375
Website: http://www.vmpgroup.fi
Address: VMP Oyj
Maariankatu 6 B,
Turku,
Finland Proper, Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE VMP Share Capital OMX Nordic Exchange Helsinki FI EUR 19. Jun 2018
Number of employees
Current staff
Staff numbers
2,877
VMP Oyj employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/07 22:15
End of day share price update: 2019/12/05 00:00
Last estimates confirmation: 2019/12/04
Last earnings filing: 2019/11/12
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.