Subscribe

United Bankers Oyj (UNITED.HE)

EUR22.70 +0.10 (+0.44%)
FI HEL Financial Services Asset Management
Address Aleksanterinkatu 21 A 100
Helsinki, FI
CEO John Ojanpera
Website unitedbankers.fi
IPO 2014-11-24
ISIN FI4000081427

Explore sections of this company profile

Description

Established in 1986 and based in Helsinki, Finland, United Bankers Oyj specializes in offering a comprehensive suite of investment products and financial services. The firm's asset management capabilities cover everything from a diverse range of investment funds, personalized wealth management, and structured investment options, to traditional equity and fixed income funds, direct and structured bond investments, and specialized real estate and private equity funds, all complemented by securities brokerage services. Beyond this, United Bankers Oyj is active in capital markets, providing corporate finance advisory, listing assistance, arranging equity and debt financing (including loan-based solutions), managing initial public offerings (IPOs), facilitating crowdfunding, and operating its own corporate lending platform.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
EUR22.70 +0.10 (+0.44%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
2.1K
Beta
0.48
Float Shares
11.08M
Free Float %
100.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.02% +4.39% +4.12% +4.66% +9.19% +7.73% +19.53% +41.26% +50.75% +169.69% +190.23%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
22.70
DCF (Unlevered) 24.66 +8.7%
DCF (Levered) 29.63 +30.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
6.60
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Asset Management: +17.4%
    +3.3% Q4'25: +5.4% (vs Q4'23)
  • ✗
    EPS growth Asset Management: +22.7%
    -28.1% Q4'25: -23.3% (vs Q4'23)
  • ✓
    FCF margin FCF growth · Asset Management: +27.7%
    +26.6% Q4'25: +20.6% (vs Q4'23)
  • ✓
    EBIT margin Asset Management: +50.6%
    +29.1% Q4'25: +28.0% (vs Q4'23)
  • ✓
    ROIC Asset Management: +6.5%
    +21.3% ★ Q4'25: +39.7% (vs Q4'23)
  • ✓
    Share dilution Asset Management: +0.0%
    -0.2% ★ Q4'25: +1.0% (vs Q4'23)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Asset Management: -0.03×
    0.00× Q4'25: 0.00× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.48) × ERP
WACC = 100% × Ke + 0% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 24.66 Current price: 22.70
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
1 Rev. Ana.
1 EPS Ana. 		Dec 2027
1 Rev. Ana.
1 EPS Ana. 		Dec 2028
1 Rev. Ana.
1 EPS Ana. 		Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
27.07M
est: 27.40M (-1.2%)
19.79M
est: 20.10M (-1.6%)
24.65M
est: 25.00M (-1.4%)
28.79M
est: 33.67M (-14.5%)
32.31M
est: 31.94M (+1.1%)
34.05M
est: 34.40M (-1.0%)
43.71M
est: 43.80M (-0.2%)
48.37M
est: 48.60M (-0.5%)
50.81M
est: 52.20M (-2.7%)
55.30M
est: 62.13M (-11.0%)
57.14M
est: 57.20M (-0.1%)
61.40M
61.40M – 61.40M
+7.3% YoY
67.10M
67.10M – 67.10M
+9.3% YoY
74.40M
74.40M – 74.40M
+10.9% YoY
80.80M
80.80M – 80.80M
+8.6% YoY
EBITDA
-0.86
est: 7.87M (-100.0%)
-0.54
est: 5.77M (-100.0%)
5.25M
est: 7.18M (-26.8%)
7.14M
est: 9.67M (-26.2%)
8.03M
est: 9.17M (-12.4%)
10.34M
est: 9.88M (+4.7%)
16.38M
est: 12.58M (+30.2%)
18.44M
est: 13.95M (+32.1%)
19.11M
est: 14.99M (+27.5%)
—
est: 18.35M (-100.0%)
19.72M
est: 16.90M (+16.7%)
18.14M
18.14M – 18.14M
+7.3% YoY
19.82M
19.82M – 19.82M
+9.3% YoY
21.98M
21.98M – 21.98M
+10.9% YoY
23.87M
23.87M – 23.87M
+8.6% YoY
EBIT
-463.5K
est: 6.62M (-107.0%)
-1.24M
est: 4.86M (-125.6%)
3.62M
est: 6.04M (-40.1%)
5.44M
est: 8.14M (-33.2%)
6.28M
est: 7.72M (-18.6%)
8.64M
est: 8.32M (+3.9%)
14.44M
est: 10.59M (+36.4%)
16.52M
est: 11.75M (+40.6%)
16.90M
est: 12.62M (+33.9%)
-2.73M
est: 15.49M (-117.6%)
16.64M
est: 14.26M (+16.7%)
15.30M
15.30M – 15.30M
+7.3% YoY
16.72M
16.72M – 16.72M
+9.3% YoY
18.54M
18.54M – 18.54M
+10.9% YoY
20.14M
20.14M – 20.14M
+8.6% YoY
Net Income
3.60M
est: 5.25M (-31.4%)
252.3K
est: 351.4K (-28.2%)
2.33M
est: 4.41M (-47.1%)
4.32M
est: 6.21M (-30.5%)
4.42M
est: 5.17M (-14.5%)
6.23M
est: 6.81M (-8.4%)
10.35M
est: 11.09M (-6.7%)
12.54M
est: 12.96M (-3.2%)
13.29M
est: 13.51M (-1.6%)
18.04M
est: 18.09M (-0.3%)
12.93M
est: 12.93M (0.0%)
13.04M
13.04M – 13.04M
+0.8% YoY
15.89M
15.89M – 15.89M
+21.8% YoY
19.62M
19.62M – 19.62M
+23.4% YoY
22.25M
22.25M – 22.25M
+13.4% YoY
SGA
12.04M
est: 12.05M (-0.1%)
12.56M
est: 8.84M (+42.1%)
13.25M
est: 10.99M (+20.6%)
17.87M
est: 14.81M (+20.7%)
19.37M
est: 14.05M (+37.9%)
18.77M
est: 15.13M (+24.1%)
21.66M
est: 19.26M (+12.4%)
24.23M
est: 21.37M (+13.3%)
26.18M
est: 22.96M (+14.1%)
7.51M
est: 20.47M (-63.3%)
—
est: 18.85M (-100.0%)
20.23M
20.23M – 20.23M
+7.3% YoY
22.11M
22.11M – 22.11M
+9.3% YoY
24.51M
24.51M – 24.51M
+10.9% YoY
26.62M
26.62M – 26.62M
+8.6% YoY
EPS
0.48
est: 0.48 (+0.4%)
0.03
est: 0.03 (+3.8%)
0.30
est: 0.40 (-25.4%)
0.43
est: 0.57 (-24.0%)
0.43
est: 0.47 (-8.7%)
0.60
est: 0.62 (-3.2%)
1.00
est: 1.01 (-1.0%)
1.19
est: 1.18 (+0.8%)
1.24
est: 1.23 (+0.8%)
1.66
est: 1.65 (+0.6%)
1.18
est: 1.18 (+0.0%)
1.19
1.19 – 1.19
+0.8% YoY
1.45
1.45 – 1.45
+21.8% YoY
1.79
1.79 – 1.79
+23.4% YoY
2.03
2.03 – 2.03
+13.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-28 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-27 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-26 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-25 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-22 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-21 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-20 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-19 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-18 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-15 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-13 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-12 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-11 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-08 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-07 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-06 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-05 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-04 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-30 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-29 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-28 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-27 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-24 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-23 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-22 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-21 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-20 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-17 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-16 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
40.36M
OE per share TTM
3.69
Owner's Yield
18.33%
Maintenance CapEx ratio
5.97%
Maint CapEx / Avg PPE
5.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
106.0K
Shares Outstanding
11.06M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
John Ojanpera CEO & Member of Management Board 354.4K male
Inka Noramaa Chief Communications Officer and Director of IR & Communications and Member of Mgmt. Board — female
Jani Lehti Member of Management Board & Chief Executive Officer of UB Asset Management Ltd — male
Jarkko Saukkola Chief Operating Officer, Chief Administrative Officer & Member of Management Board — male
Jukka Rasku Member of Management Board — male
Katri Nieminen Chief Financial Officer — female
Nina Rosenlew General Counsel & Secretary to the Board — —
Perttu Purhonen Member of Management Board — male
Bettina Löfhjelm Marketing Manager — female
Timo Ronkainen Pekka CEO of UB Fund Management Company Ltd & Member of Management Board — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

Related companies

Largest companies in Asset Management