Financials SSH Communications Security Oyj

Equities

SSH1V

FI0009008270

Software

Market Closed - Nasdaq Helsinki 11:29:33 2024-04-26 am EDT 5-day change 1st Jan Change
1.295 EUR -1.89% Intraday chart for SSH Communications Security Oyj +1.57% -2.26%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 40.16 65.77 118.2 91.23 53.88 52.85 - -
Enterprise Value (EV) 1 29.05 58.55 113.4 88.13 53.88 50.35 52.85 52.85
P/E ratio -17.3 x -15.4 x -30.1 x -46 x -13.3 x -32.4 x -130 x 64.8 x
Yield - - - - - - - -
Capitalization / Revenue 2.79 x 5.82 x 7.44 x 4.73 x 2.65 x 2.3 x 1.82 x 1.51 x
EV / Revenue 2.02 x 5.18 x 7.13 x 4.57 x 2.65 x 2.19 x 1.82 x 1.51 x
EV / EBITDA -30.9 x -146 x 103 x 32.6 x 29.9 x 33.6 x 14.7 x 10.8 x
EV / FCF -16,834,889 x -24,980,738 x 139,913,572 x 184,265,850 x - - - -
FCF Yield -0% -0% 0% 0% - - - -
Price to Book 3.34 x 7.7 x - - - - - -
Nbr of stocks (in thousands) 38,802 38,802 39,279 39,663 40,664 40,813 - -
Reference price 2 1.035 1.695 3.010 2.300 1.325 1.295 1.295 1.295
Announcement Date 2/14/20 2/18/21 2/24/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 14.4 11.3 15.9 19.3 20.3 23 29 35
EBITDA 1 -0.94 -0.4 1.1 2.7 1.8 1.5 3.6 4.9
EBIT 1 -1.2 -2.5 -1.5 -0.4 -1.6 -2.1 -0.1 1.1
Operating Margin -8.33% -22.12% -9.43% -2.07% -7.88% -9.13% -0.34% 3.14%
Earnings before Tax (EBT) -1.3 -3.1 -1.8 -0.7 -2.4 - - -
Net income 1 -1.3 -2.8 -2.1 -0.5 -2.7 -1.8 -0.24 0.68
Net margin -9.03% -24.78% -13.21% -2.59% -13.3% -7.83% -0.83% 1.94%
EPS 2 -0.0600 -0.1100 -0.1000 -0.0500 -0.1000 -0.0400 -0.0100 0.0200
Free Cash Flow -1.725 -2.344 0.8108 0.4782 - - - -
FCF margin -11.98% -20.74% 5.1% 2.48% - - - -
FCF Conversion (EBITDA) - - 73.71% 17.71% - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share - - - - - - - -
Announcement Date 2/14/20 2/18/21 2/24/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 3.9 6 4.4 4.5 4.6 5.8 4.8 4.9 5.2 5.5 5 5.4 6.1 6.7
EBITDA 1 0.6 1.4 0.5 0.5 0.4 1.2 0.2 0.1 1 0.5 0.2 0.2 0.6 0.4
EBIT 1 -0.3 0.7 -0.2 -0.2 0.4 0.4 -0.7 - - - -0.7 -0.6 -0.4 -0.6
Operating Margin -7.69% 11.67% -4.55% -4.44% 8.7% 6.9% -14.58% - - - -14% -11.11% -6.56% -8.96%
Earnings before Tax (EBT) -0.4 0.7 -0.2 -0.1 -0.4 - -1 -0.9 - -0.5 - - - -
Net income -0.4 0.6 -0.25 -0.3 -0.4 - -0.9 -1 - -0.6 - - - -
Net margin -10.26% 10% -5.68% -6.67% -8.7% - -18.75% -20.41% - -10.91% - - - -
EPS 2 -0.0200 - - - - - - -0.0300 -0.0100 -0.0200 -0.0300 -0.0100 -0.0100 -0.0100
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 10/21/21 2/24/22 4/28/22 7/21/22 10/27/22 2/23/23 4/26/23 7/20/23 10/25/23 2/22/24 4/24/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 11.1 7.22 4.79 3.1 - 2.5 - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow -1.73 -2.34 0.81 0.48 - - - -
ROE (net income / shareholders' equity) -11.3% -30% -34.3% -9.1% - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 0.3100 0.2200 - - - - - -
Cash Flow per Share 0.0100 -0.0100 - - - - - -
Capex 2.01 2.12 1.98 - - - - -
Capex / Sales 13.93% 18.72% 12.43% - - - - -
Announcement Date 2/14/20 2/18/21 2/24/22 2/23/23 2/22/24 - - -
1EUR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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