Company Overview
Aktia is a Finnish financial services company that provides a range of banking and investment services to its customers. With over 100 years of history, Aktia has established itself as one of the leading financial institutions in Finland, offering a comprehensive suite of products and services that cater to the needs of individuals, businesses, and institutions.
Aktia's primary mission is to provide innovative and personalized financial solutions that enable its customers to achieve their goals and secure their financial well-being. The company's core values include a commitment to customer satisfaction, a passion for innovation, and a focus on building long-term relationships with its clients.
Key Products/Services
Aktia offers a range of key products and services that cater to the diverse needs of its customers. These include:
- Pension and investment solutions: Aktia provides a range of pension and investment products, including individual retirement accounts, company pensions, and investment funds.
- Banking services: Aktia offers a comprehensive suite of banking services, including current accounts, savings accounts, loans, and credit cards.
- Insurance solutions: Aktia provides a range of insurance products, including life insurance, health insurance, and property insurance.
- Financial planning and advice: Aktia's financial planning and advice services help customers create personalized financial plans and achieve their long-term financial goals.
The benefits of Aktia's products and services include access to a wide range of investment options, competitive interest rates on savings accounts, and personalized financial planning and advice. Aktia's banking services also offer convenient online and mobile banking capabilities, making it easy for customers to manage their finances on the go.
Investment Potential
Aktia's strong financial position, combined with its long history of innovation and customer satisfaction, make it an attractive investment opportunity. The company's pension and investment solutions are particularly noteworthy, offering a range of low-risk investment options that cater to different risk profiles and investment goals.
As an investor, you can expect Aktia to continue delivering strong financial performance, driven by its commitment to innovation, customer satisfaction, and long-term relationships with its clients. With a solid balance sheet and a proven track record of success, Aktia is well-positioned for continued growth and profitability in the years ahead.
Valuation
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Number of Shares (million) | 72.4 | 72.6 | 73.0 | 73.4 | 73.5 | 73.5 | 73.5 |
| Target Valuation (MEur) | 1407.6 | 1539.7 | 1550.6 | 1529.5 | 1602.0 | 1657.8 | 1657.8 |
| Targer Price | 19.45 | 21.2 | 21.25 | 20.85 | 21.79 | 22.55 | 22.55 |
| Potential, % | 146.7 | 178.1 | 165.7 | 79.2 | 97.0 | 103.9 | 103.9 |
| Recommendation | Buy | Buy | Buy | Buy | Buy | Buy | Buy |
| MCAP (MEur) | 570.6 | 553.7 | 583.5 | 853.4 | 813.0 | 813.0 | 813.0 |
| Price | 7.88 | 7.62 | 8.0 | 11.63 | 11.06 | 11.06 | 11.06 |
| EV | 571.0 | 554.0 | 583.0 | 853.0 | 813.0 | 813.0 | 813.0 |
| P/S | 1.88 | 1.9 | 1.89 | 2.89 | 2.87 | 2.66 | 2.74 |
| EV/S | 1.88 | 1.9 | 1.89 | 2.89 | 2.87 | 2.66 | 2.74 |
| EV/EBIT | 4.62 | 5.21 | 4.88 | 8.98 | 9.62 | 7.83 | 8.77 |
| P/E | 5.81 | 6.58 | 5.78 | 10.61 | 11.98 | 9.78 | 10.96 |
| P/B | 0.98 | 0.85 | 0.86 | 1.32 | 1.14 | 1.02 | 0.93 |
| P/OCF | -1.12 | 22.33 | 17.84 | 12.59 | 19.31 | 6.14 | 7.17 |
| EV/OCF | -1.12 | 22.33 | 17.84 | 12.59 | 19.31 | 6.14 | 7.17 |
| P/FCF | -1.09 | -29.3 | 233.39 | 24.52 | 48.32 | 7.75 | 9.47 |
| EV/FCF | -1.09 | -29.3 | 233.39 | 24.52 | 48.32 | 7.75 | 9.47 |
Income Statement
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Revenue | 302.9 | 291.0 | 308.8 | 295.8 | 283.0 | 305.4 | 297.2 |
| Rev. Growth, % | 14.8 | -3.9 | 6.1 | -4.2 | -4.3 | 7.9 | -2.7 |
| Ebit | 123.5 | 106.2 | 119.6 | 95.0 | 84.5 | 103.9 | 92.7 |
| Ebit Growth, % | 46.0 | -14.0 | 12.6 | -20.6 | -11.1 | 23.0 | -10.8 |
| Ebit, % | 40.8 | 36.5 | 38.7 | 32.1 | 29.9 | 34.0 | 31.2 |
| Profit | 98.3 | 84.2 | 100.9 | 80.4 | 67.9 | 83.1 | 74.2 |
| EPS | 1.36 | 1.16 | 1.38 | 1.1 | 0.92 | 1.13 | 1.01 |
| Profit Growth, % | 45.8 | -14.3 | 19.8 | -20.3 | -15.5 | 22.4 | -10.7 |
| Profit, % | 32.5 | 28.9 | 32.7 | 27.2 | 24.0 | 27.2 | 25.0 |
Balance Sheet
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Acc. Receivable | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Cash | 144.4 | 93.7 | 76.6 | 51.1 | 69.4 | 174.3 | 260.2 |
| Equity | 580.6 | 648.5 | 682.4 | 646.2 | 714.8 | 797.8 | 872.0 |
| ROE, % | 16.9 | 13.0 | 14.8 | 12.4 | 9.5 | 10.4 | 8.5 |
| ROCE, % | 17.0 | 14.3 | 15.8 | 13.6 | 10.8 | 10.7 | 8.2 |
| Net Debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Gearing, % | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Equity ratio, % | 4.7 | 5.4 | 5.7 | 5.4 | 6.0 | 6.7 | 7.3 |
| Acc. Payable | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Assets | 12412.2 | 12036.9 | 11904.3 | 11980.2 | 11958.5 | 11958.5 | 11958.5 |
| ROA, % | 0.8 | 0.7 | 0.8 | 0.7 | 0.6 | 0.7 | 0.6 |
Cash Flow
| 2022 | 2023 | 2024 | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -509.7 | 24.8 | 32.7 | 67.8 | 42.1 | 132.3 | 113.4 |
| Investment Cash Flow | -14.8 | -43.7 | -30.2 | -33.0 | -25.3 | -27.4 | -27.5 |
| Free Cash Flow | -524.5 | -18.9 | 2.5 | 34.8 | 16.8 | 104.9 | 85.9 |
| OCF/CAPEX | 0.0 | 0.57 | 1.08 | 2.05 | 1.67 | 4.82 | 4.13 |
| Financial Cash Flow | -65.9 | -31.9 | -19.7 | -60.3 | 1.3 | 0.0 | 0.0 |
Disclaimer
Risk Disclosure: Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
The data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
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