Financials TietoEVRY Oyj

Equities

TIETO

FI0009000277

IT Services & Consulting

Market Closed - Nasdaq Helsinki 11:29:37 2024-04-26 am EDT 5-day change 1st Jan Change
17.77 EUR +2.42% Intraday chart for TietoEVRY Oyj -4.05% -17.50%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,278 3,181 3,254 3,140 2,550 2,108 - -
Enterprise Value (EV) 1 4,348 4,064 3,865 3,819 3,462 2,942 2,896 2,934
P/E ratio 27.2 x 33.6 x 11.2 x 16.7 x 14.9 x 11.4 x 9.99 x 9.31 x
Yield 4.58% 4.91% 5.09% 5.47% 6.82% 8.24% 8.67% 8.73%
Capitalization / Revenue 1.89 x 1.14 x 1.15 x 1.07 x 0.89 x 0.72 x 0.7 x 0.68 x
EV / Revenue 2.51 x 1.46 x 1.37 x 1.3 x 1.21 x 1.01 x 0.97 x 0.95 x
EV / EBITDA 14.2 x 8.37 x 7.79 x 7.42 x 7.3 x 6.45 x 5.95 x 5.92 x
EV / FCF 19.2 x 15 x 13.5 x 20.8 x 19.1 x 11.2 x 11.2 x 10.5 x
FCF Yield 5.22% 6.67% 7.42% 4.82% 5.22% 8.94% 8.95% 9.55%
Price to Book 1.94 x 1.96 x 1.79 x 1.83 x 1.58 x 1.32 x 1.31 x 1.28 x
Nbr of stocks (in thousands) 118,254 118,415 118,418 118,413 118,391 118,605 - -
Reference price 2 27.72 26.86 27.48 26.52 21.54 17.77 17.77 17.77
Announcement Date 2/14/20 2/17/21 2/17/22 2/15/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,734 2,786 2,823 2,928 2,851 2,908 2,998 3,087
EBITDA 1 305.6 485.3 495.9 515 474.1 455.9 487 495.8
EBIT 1 196.4 355 367.8 379.2 358.7 360.7 380.4 398.8
Operating Margin 11.33% 12.74% 13.03% 12.95% 12.58% 12.4% 12.69% 12.92%
Earnings before Tax (EBT) 1 101.2 122.4 353.8 242.8 220.8 234.1 273.8 298.3
Net income 1 79.1 94.5 291.6 188.6 172.2 184.9 213.1 230.7
Net margin 4.56% 3.39% 10.33% 6.44% 6.04% 6.36% 7.11% 7.47%
EPS 2 1.020 0.8000 2.460 1.590 1.450 1.559 1.779 1.908
Free Cash Flow 1 227 271.2 286.7 184 180.8 263.1 259.3 280.2
FCF margin 13.09% 9.73% 10.15% 6.28% 6.34% 9.05% 8.65% 9.08%
FCF Conversion (EBITDA) 74.28% 55.88% 57.81% 35.73% 38.14% 57.71% 53.24% 56.51%
FCF Conversion (Net income) 286.98% 286.98% 98.32% 97.56% 104.99% 142.3% 121.67% 121.46%
Dividend per Share 2 1.270 1.320 1.400 1.450 1.470 1.465 1.540 1.551
Announcement Date 2/14/20 2/17/21 2/17/22 2/15/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q1 2025 Q2
Net sales 1 742 730.9 739.1 690.4 767.7 744.3 695.2 659.7 752.2 733.9 714.2 676.1 779.2 - -
EBITDA 1 137 114.9 108.5 126 165.6 122 100 113.4 138 118.1 98 108 132 - -
EBIT 1 103.3 84.6 78.7 97.9 118 91.9 72.9 85.6 108.4 88.6 80.45 87.65 110.2 - -
Operating Margin 13.92% 11.57% 10.65% 14.18% 15.37% 12.35% 10.49% 12.98% 14.41% 12.07% 11.26% 12.96% 14.14% - -
Earnings before Tax (EBT) 1 107.4 41.7 30.5 75.1 95.5 62.2 32.4 55.6 70.5 50.4 44.85 58.74 84.61 72.25 51.98
Net income 1 88.9 32.9 21.8 59.1 74.7 48.5 25.3 43.4 55 38.3 35.77 46.98 70.55 57.07 41.06
Net margin 11.98% 4.5% 2.95% 8.56% 9.73% 6.52% 3.64% 6.58% 7.31% 5.22% 5.01% 6.95% 9.05% - -
EPS 2 0.7500 0.2800 0.1800 0.5000 0.6300 0.4100 0.2100 0.3700 0.4600 0.3200 0.3014 0.3962 0.5921 0.4812 0.3462
Dividend per Share 2 1.400 - - - 1.450 - 0.7250 - 0.7450 - 0.7500 - 0.7500 - -
Announcement Date 2/17/22 5/5/22 7/22/22 10/27/22 2/15/23 5/4/23 7/21/23 10/26/23 2/15/24 4/25/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,070 883 611 679 912 834 788 826
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.501 x 1.82 x 1.231 x 1.319 x 1.923 x 1.83 x 1.619 x 1.667 x
Free Cash Flow 1 227 271 287 184 181 263 259 280
ROE (net income / shareholders' equity) 7.3% 15.4% 16.9% 10.7% 10.3% 13% 14.2% 15.8%
ROA (Net income/ Total Assets) 3.12% 2.54% 8.11% 5.4% 4.98% 5.08% 5.99% 6.11%
Assets 1 2,532 3,719 3,596 3,491 3,456 3,643 3,557 3,776
Book Value Per Share 2 14.30 13.70 15.40 14.50 13.60 13.50 13.60 13.90
Cash Flow per Share 2 3.590 2.990 3.100 2.330 2.240 3.670 3.380 3.200
Capex 1 51.4 83.5 80.8 92.9 85.3 91.6 90.3 95.2
Capex / Sales 2.96% 3% 2.86% 3.17% 2.99% 3.15% 3.01% 3.08%
Announcement Date 2/14/20 2/17/21 2/17/22 2/15/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
17.77 EUR
Average target price
22.56 EUR
Spread / Average Target
+26.96%
Consensus
  1. Stock Market
  2. Equities
  3. TIETO Stock
  4. Financials TietoEVRY Oyj