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Altia Oyj

BATS-CHIXE:ALTIAH
Snowflake Description

Excellent balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALTIAH
BATS-CHIXE
€267M
Market Cap
  1. Home
  2. GB
  3. Food, Beverage & Tobacco
Company description

Altia Oyj produces, distributes, markets, sells, imports, and exports alcoholic beverages in the Nordic and Baltic countries. The last earnings update was 36 days ago. More info.


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ALTIAH Share Price and Events
7 Day Returns
0.9%
BATS-CHIXE:ALTIAH
-0.1%
GB Beverage
0.1%
GB Market
1 Year Returns
-1.6%
BATS-CHIXE:ALTIAH
-21.6%
GB Beverage
-23.6%
GB Market
ALTIAH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Altia Oyj (ALTIAH) 0.9% -4.7% -10.9% -1.6% - -
GB Beverage -0.1% -9.9% -21.9% -21.6% 6.5% 30.4%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • ALTIAH outperformed the Beverage industry which returned -21.6% over the past year.
  • ALTIAH outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
ALTIAH
Industry
5yr Volatility vs Market
Related Companies

ALTIAH Value

 Is Altia 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 Altia 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 Altia Oyj.

BATS-CHIXE:ALTIAH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.4%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 BATS-CHIXE:ALTIAH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 5.9%
Beverage Unlevered Beta Simply Wall St/ S&P Global 0.56
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.562 (1 + (1- 20%) (35.26%))
0.813
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.81
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (0.813 * 5.94%)
5.36%

Discounted Cash Flow Calculation for BATS-CHIXE:ALTIAH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Altia 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.

BATS-CHIXE:ALTIAH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.36%)
2020 23.00 Analyst x2 21.83
2021 29.50 Analyst x2 26.58
2022 29.00 Analyst x2 24.80
2023 26.00 Analyst x1 21.10
2024 26.00 Analyst x1 20.03
2025 25.15 Est @ -3.26% 18.39
2026 24.62 Est @ -2.12% 17.08
2027 24.29 Est @ -1.33% 16.00
2028 24.10 Est @ -0.77% 15.07
2029 24.01 Est @ -0.38% 14.25
Present value of next 10 years cash flows €195.00
BATS-CHIXE:ALTIAH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €24.01 × (1 + 0.53%) ÷ (5.36% – 0.53%)
€499.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €499.95 ÷ (1 + 5.36%)10
€296.65
BATS-CHIXE:ALTIAH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €195.00 + €296.65
€491.65
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €491.65 / 36.14
€13.6
BATS-CHIXE:ALTIAH Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:ALTIAH represents 1.00668x of HLSE:ALTIA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00668x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 13.60 x 1.00668
€13.69
Value per share (EUR) From above. €13.69
Current discount Discount to share price of €7.53
= -1 x (€7.53 - €13.69) / €13.69
45%

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

Current Discount
Amount off the current price Altia Oyj is available for.
Intrinsic value
45%
Share price is €7.53 vs Future cash flow value of €13.69
Current Discount Checks
For Altia Oyj to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Altia Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Altia 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 Altia Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Altia Oyj's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:ALTIAH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.51
HLSE:ALTIA Share Price ** HLSE (2020-04-07) in EUR €7.48
United Kingdom of Great Britain and Northern Ireland Beverage Industry PE Ratio Median Figure of 10 Publicly-Listed Beverage Companies 16.53x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.61x

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

** Primary Listing of Altia Oyj.

BATS-CHIXE:ALTIAH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 7.48 ÷ 0.51

14.69x

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

  • Altia Oyj is good value based on earnings compared to the GB Beverage industry average.
  • Altia Oyj is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Altia Oyj's expected growth come at a high price?
Raw Data
BATS-CHIXE:ALTIAH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
7.4%per year
United Kingdom of Great Britain and Northern Ireland Beverage Industry PEG Ratio Median Figure of 8 Publicly-Listed Beverage Companies 2.22x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:ALTIAH PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.69x ÷ 7.4%

1.99x

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

  • Altia Oyj is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Altia Oyj's assets?
Raw Data
BATS-CHIXE:ALTIAH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €4.18
HLSE:ALTIA Share Price * HLSE (2020-04-07) in EUR €7.48
United Kingdom of Great Britain and Northern Ireland Beverage Industry PB Ratio Median Figure of 13 Publicly-Listed Beverage Companies 2.7x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:ALTIAH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 7.48 ÷ 4.18

1.79x

* Primary Listing of Altia Oyj.

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

  • Altia Oyj is good value based on assets compared to the GB Beverage industry average.
X
Value checks
We assess Altia 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 Beverage 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 Beverage industry average (and greater than 0)? (1 check)
  5. Altia Oyj has a total score of 4/6, 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.

ALTIAH Future Performance

 How is Altia Oyj expected to perform in the next 1 to 3 years based on estimates from 2 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
7.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Altia Oyj expected to grow at an attractive rate?
  • Altia Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Altia Oyj's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Altia Oyj's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:ALTIAH Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:ALTIAH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 7.4%
BATS-CHIXE:ALTIAH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 1.9%
United Kingdom of Great Britain and Northern Ireland Beverage Industry Earnings Growth Rate Market Cap Weighted Average 8.3%
United Kingdom of Great Britain and Northern Ireland Beverage Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*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
BATS-CHIXE:ALTIAH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:ALTIAH Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 393 1
2023-12-31 387 1
2022-12-31 365 41 23 2
2021-12-31 360 41 22 2
2020-12-31 351 33 20 2
2020-04-07
BATS-CHIXE:ALTIAH Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 360 53 18
2019-09-30 361 41 18
2019-06-30 362 29 17
2019-03-31 359 18 16
2018-12-31 357 7 15
2018-09-30 356 12 15
2018-06-30 355 18 15
2018-03-31 357 28 17
2017-12-31 359 38 18

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Altia Oyj's earnings are expected to grow by 7.4% yearly, however this is not considered high growth (20% yearly).
  • Altia Oyj's revenue is expected to grow by 1.9% 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
BATS-CHIXE:ALTIAH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Altia Oyj Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:ALTIAH Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.63 0.65 0.61 2.00
2021-12-31 0.61 0.65 0.56 2.00
2020-12-31 0.55 0.60 0.50 2.00
2020-04-07
BATS-CHIXE:ALTIAH Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.51
2019-09-30 0.49
2019-06-30 0.47
2019-03-31 0.44
2018-12-31 0.42
2018-09-30 0.43
2018-06-30 0.44
2018-03-31 0.47
2017-12-31 0.51

*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.
  • Altia Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Altia 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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Altia 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.

ALTIAH Past Performance

  How has Altia 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 Altia Oyj's growth in the last year to its industry (Beverage).
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.
  • Altia Oyj's year on year earnings growth rate has been positive over the past 5 years.
  • Altia Oyj's 1-year earnings growth exceeds its 5-year average (21.9% vs 18.3%)
  • Altia Oyj's earnings growth has exceeded the GB Beverage industry average in the past year (21.9% vs 4.4%).
Earnings and Revenue History
Altia 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 Altia Oyj Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:ALTIAH Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 359.60 18.40 58.00
2019-09-30 360.60 17.90 60.80
2019-06-30 361.60 17.40 63.60
2019-03-31 359.45 16.25 65.60
2018-12-31 357.30 15.10 67.60
2018-09-30 356.20 15.20 70.10
2018-06-30 355.10 15.30 72.60
2018-03-31 357.05 16.80 72.30
2017-12-31 359.00 18.30 72.00
2016-12-31 356.60 36.10 59.40
2015-12-31 380.70 18.10 78.10
2014-12-31 426.30 -18.10 90.50
2013-12-31 475.80 -3.10 93.00

*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.
  • Altia Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Altia Oyj used its assets less efficiently than the GB Beverage industry average last year based on Return on Assets.
  • Altia Oyj's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Altia 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 Beverage 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.
Altia 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.

ALTIAH Health

 How is Altia 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 Altia Oyj's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Altia Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Altia Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Altia 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.
  • High level of physical assets or inventory.
  • 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 Altia Oyj Company Filings, last reported 3 months ago.

BATS-CHIXE:ALTIAH Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 151.20 83.80 64.20
2019-09-30 151.20 83.80 64.20
2019-06-30 137.60 97.30 27.70
2019-03-31 150.10 90.80 42.00
2018-12-31 150.10 90.40 42.00
2018-09-30 150.10 90.40 42.00
2018-06-30 136.40 103.10 25.70
2018-03-31 136.80 101.50 52.40
2017-12-31 136.80 101.10 52.40
2016-12-31 191.30 74.20 68.00
2015-12-31 168.60 96.20 76.30
2014-12-31 143.90 140.00 91.10
2013-12-31 168.80 187.60 76.10
  • Altia Oyj's level of debt (55.4%) 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 (97.2% vs 55.4% today).
  • Debt is well covered by operating cash flow (62.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 19.4x coverage).
X
Financial health checks
We assess Altia 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. Altia Oyj has a total score of 5/6, 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.

ALTIAH Dividends

 What is Altia 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
5.61%
Current annual income from Altia Oyj dividends. Estimated to be 6.28% next year.
If you bought €2,000 of Altia Oyj shares you are expected to receive €112 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?
  • Altia Oyj's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.59%).
  • Altia Oyj's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.08%).
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
BATS-CHIXE:ALTIAH 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 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Beverage Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.6%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.6%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:ALTIAH Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.51 2.00
2021-12-31 0.47 2.00
2020-12-31 0.44 2.00
2020-04-07
BATS-CHIXE:ALTIAH Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-02-13 0.420 5.401
2019-04-16 0.380 4.935
2018-08-10 0.000 0.000

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

  • It is too early to tell whether Altia Oyj has stable dividend payments.
  • Altia Oyj only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Altia Oyj's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess Altia Oyj's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Altia Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Altia Oyj has a total score of 3/6, see the detailed checks below.


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

ALTIAH Management

 What is the CEO of Altia 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
Veli Pekka Tennilä
COMPENSATION €337,737
AGE 50
TENURE AS CEO 5.8 years
CEO Bio

Mr. Veli Pekka Tennilä has been the Chief Executive Officer at Altia Oyj since June 01, 2014. Mr. Tennilä has been Chief Executive Officer of A/S Aldaris since October 1, 2011 and serves as its Chairman. Mr. Tennilä served as the Chief Executive Officer of Saku Estonia/011etehas at Carlsberg A/S from 2008 to 2011. Before working in the Baltics, he had held several leading positions in Sinebrychoff brewery (Finland).

CEO Compensation
  • Veli Pekka's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Veli Pekka's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

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

3.9
Average Tenure
49.5
Average Age
  • The tenure for the Altia Oyj management team is about average.
Management Team

Veli Pekka Tennilä

TITLE
Chief Executive Officer
COMPENSATION
€338K
AGE
50
TENURE
5.8 yrs

Niklas Nylander

TITLE
Chief Financial Officer
AGE
46
TENURE
1.3 yrs

Matti Nurmi

TITLE
Chief Information Officer
TENURE
0.3 yrs

Tua Stenius-Örnhjelmin

TITLE
Investor Relations Manager
AGE
44

Thomas Heinonen

TITLE
General Counsel
AGE
49
TENURE
6.6 yrs

Petra Gräsbeck

TITLE
Director of Corporate Relations & Communications

Kirsi Puntila

TITLE
Senior Vice President of Marketing
AGE
49
TENURE
3.8 yrs

Kirsi Lehtola

TITLE
Senior Vice President of Human Resources
AGE
56
TENURE
4 yrs

Kari Kilpinen

TITLE
Senior Vice President of Finland & Exports
AGE
56
TENURE
2.6 yrs

Hannu Tuominen

TITLE
Senior Vice President of Altia Industrial
AGE
61
TENURE
12.3 yrs
Board of Directors Tenure

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

2.3
Average Tenure
52
Average Age
  • The average tenure for the Altia Oyj board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sanna Suvanto-Harsaae

TITLE
Chairman of the Board
COMPENSATION
€71K
AGE
53
TENURE
5 yrs

Kai Telanne

TITLE
Vice chairman of the Board
COMPENSATION
€35K
AGE
55
TENURE
2.3 yrs

Kim Henriksson

TITLE
Independent Director
COMPENSATION
€46K
AGE
51
TENURE
5 yrs

Tiina Lencioni

TITLE
Independent Director
COMPENSATION
€33K
AGE
48
TENURE
3.1 yrs

Torsten Steenholt

TITLE
Independent Director
COMPENSATION
€34K
AGE
50
TENURE
2.3 yrs

Jukka Ohtola

TITLE
Director
COMPENSATION
€30K
AGE
52
TENURE
2.2 yrs

Anette Rosengren

TITLE
Director
COMPENSATION
€22K
AGE
53
TENURE
0.9 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 Altia 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. Altia 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.

ALTIAH News

Simply Wall St News

ALTIAH Company Info

Description

Altia Oyj produces, distributes, markets, sells, imports, and exports alcoholic beverages in the Nordic and Baltic countries. It offers wines, spirits, and other beverages, as well as technical ethanol, starch, and feed components. The company is also involved in sourcing, logistics and warehousing, and bottling and packaging, as well as distilling, maturation, and blending activities. Its customers include alcohol retail monopolies, alcoholic beverage wholesale outlets, restaurants, and grocery stores, as well as travel trade and importers in the export markets. The company offers its products under its own brands, such as Koskenkorva, O.P. Anderson, Larsen, Chill Out, Blossa, Xanté, Jaloviina, Leijona, Explorer, and Gronstedts, as well as under the partner brands. It primarily exports its products to 30 countries in Europe, Asia, and North America. The company was founded in 1967 and is headquartered in Helsinki, Finland.

Details
Name: Altia Oyj
ALTIAH
Exchange: BATS-CHIXE
Founded: 1967
€267,439,589
36,140,485
Website: http://altiagroup.com
Address: Altia Oyj
Kaapeliaukio 1,
Helsinki,
Uusimaa, 00180,
Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE ALTIA Common Stock OMX Nordic Exchange Helsinki FI EUR 23. Mar 2018
BATS-CHIXE ALTIAH Common Stock BATS 'Chi-X Europe' GB EUR 23. Mar 2018
Number of employees
Current staff
Staff numbers
632
Altia Oyj employees.
Industry
Distillers and Vintners
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 21:24
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/03/02
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.