Solteq

1,23EUR 0 %
6 239 investerare följer bolaget.

Solteq är ett IT-konsultbolag. Bolaget är specialiserade mot ERP - Enterprise Resource Planning. Övriga tjänster som erbjuds är relaterade till ekonomiförvaltning samt lagerhantering. Kunderna består av små- och medelstora företagskunder verksamma inom detalj- och hotellbranschen. Idag bedrivs verksamhet på global nivå, främst i Europa, Nordamerika och Asien.

P/E (23e)
−26,62
EV/EBIT (23e)
63,71
EV/S (23e)
0,81
Direktavkastnings- % (23e)
-
Riktkurs
1.40 EUR
Rekommendation
Minska
Uppdaterad
16.2.2023
NASDAQ Helsinki
SOLTEQ
Dagens lägsta / högsta pris
1,202 / 1,238 EUR
Börsvärde
23,86 mn EUR
Omsättning
5,47 tn EUR
Volym
4,5 tn
Risk och rekommendation
HögRiskLåg
SäljRekommendationKöp

Income statement

20192020202120222023e2024e2025e2026e
Revenue58,2960,4569,0668,4368,3772,5977,6782,34
growth-%2,51 %3,71 %14,23 %−0,91 %−0,09 %6,18 %7,00 %6,00 %
EBITDA9,7110,3812,275,566,318,219,8211,19
EBIT (adj.)3,475,787,410,470,873,415,126,59
EBIT5,715,357,12−4,410,873,415,126,59
Profit before taxes3,682,745,25−6,57−1,131,062,954,65
Net income2,811,984,10−5,40−0,900,852,363,72
EPS (adj.)0,050,150,23−0,03−0,050,040,120,19
growth-%1,29 %175,50 %55,46 %−112,14 %178,68 %57,55 %
Dividend0,000,150,100,000,000,030,070,10
Dividend ratio146,26 %47,31 %68,66 %57,49 %50,00 %

Profitability and return on capital

20192020202120222023e2024e2025e2026e
EBITDA-%16,66 %17,17 %17,77 %8,12 %9,22 %11,31 %12,64 %13,59 %
EBIT-% (adj.)5,95 %9,56 %10,73 %0,68 %1,27 %4,70 %6,59 %8,00 %
EBIT-%9,80 %8,85 %10,31 %−6,44 %1,27 %4,70 %6,59 %8,00 %
ROE12,14 %7,76 %15,04 %−21,38 %−4,06 %3,84 %10,10 %14,62 %
ROI10,79 %9,72 %12,34 %−7,76 %1,54 %6,13 %9,42 %12,40 %

Valuation

20192020202120222023e2024e2025e2026e
Share price (EUR)1,492,804,681,231,231,231,231,23
Shares19,3119,3119,4019,4019,4019,4019,4019,40
Market cap28,7754,0690,7823,8623,8623,8623,8623,86
Enterprise value52,7880,55116,7155,2755,1552,6949,3845,64
EV/S0,911,331,690,810,810,730,640,55
EV/EBITDA5,447,769,519,958,756,425,034,08
EV/EBIT (adj.)15,2113,9415,75118,6263,7115,459,656,93
EV/EBIT9,2415,0616,39-63,7115,459,656,93
P/E (adj.)28,2019,2420,68--28,1510,106,41
P/E10,2327,3022,14--28,1510,106,41
P/B1,172,043,241,061,101,060,980,90
P/S0,490,891,310,350,350,330,310,29
Dividend yield5,36 %2,14 %2,44 %5,69 %7,80 %
Equity ratio31,86 %35,50 %36,94 %30,32 %29,03 %30,30 %32,69 %35,85 %
Gearing ratio97,91 %99,94 %92,61 %139,39 %144,60 %128,21 %105,14 %81,80 %

Quarter data

Q1/22Q2/22Q3/22Q4/222022Q1/23eQ2/23eQ3/23eQ4/23e
Revenue19,2417,9414,3516,9068,4318,0417,7314,8717,74
EBITDA2,721,780,800,265,560,601,381,982,35
EBIT1,380,42−5,01−1,20−4,41−0,760,020,620,99
Profit before taxes1,02−0,10−5,46−2,04−6,57−1,26−0,480,120,49
Net income0,80−0,09−4,45−1,66−5,40−1,00−0,380,090,39
Publisher
Video

Solteq Capital Markets Day – Wednesday, Jan. 18 at 10:00 EET

Solteq organizes their Capital Markets Day on Wednesday, January 18th at 10 am EEST. Solteq is a provider of IT services and software solutions.

2023-01-18
Publisher
Analytikerkommentar

Case: Cost structures and profitability of expert companies

In this review, we examine the cost structures of Nasdaq Helsinki’s expert companies. The group clearly focuses on the IT service sector, but it also includes expert companies from accounting firms to engineers and legal services.

Publisher
Video

inderesPodcast: 2.En djupdykning i Helsingforsbörsens IT-tjänstesektor

Är IT-tjänstesektorn den hetaste på Helsingforsbörsen? Tillsammans med analytiker Joni Grönqvist gör vi en djupdykning i marknadens drivkrafter, efterfrågan och flaskhalsar. Vi tar även en närmare titt på bolagen: vem är bäst i klassen, vem kämpar med lönsamheten?

2022-10-05
Publisher
Analytikerkommentar

IT service sector Q2 summary: Strong organic growth dimmed by profitability challenges

The IT service sector's Q2 was reasonable overall: strong organic growth was dimmed by profitability challenges in several companies. Customer demand in the market continued to be good and especially organic growth that we monitor closely accelerated...

2022-09-22 av Joni Grönqvist
Publisher
Video

IT-konsultsektorn har fortsatt medvind

IT- konsultsektorn i Finland går som tåget. Den organiska omsättningstillväxten under årets första kvartal var fortsättningsvis stark, i medeltal 9%. Även lönsamheten var god, liksom kundernas efterfrågan. Nytänkande åtgärder har vidtagits för att minska...

2022-05-31
Publisher
Analytikerkommentar

IT service sector Q1 summary: Great start for the year with rest of the year looking good

The Q1 earnings period of the Finnish IT service sector was good across the line, despite the headwinds in the talent market.

2022-05-30 av Joni Grönqvist
Publisher
Video

It-konsultbolagen i Finland

Inderes analytiker Joni Grönqvist en inblick i den finländska marknadens särdrag, där konsolidering och skenande lönekostnader är ständigt återkommande teman. Även bolagens senaste kvartalsrapporter och sektorns allmänna värderingsnivå kommenteras.

2022-03-14
Publisher
Analytikerkommentar

Q4 IT service sector summary: Good performance despite headwinds

The Q4 earnings period was good for the Finnish IT services sector despite the headwinds caused by the challenging expert market. Customer demand in the market remained good and the average revenue growth of the companies we followed was 17% (Q3’21: ...

2022-03-17 av Joni Grönqvist
Publisher
Aktieanalys

Solteq: Switching to a smaller gear

Solteq’s Q4 was a continuation for soft Q3. However, the whole year was strong, and the company is clearly better positioned to continue growth and internationalization with investments and acquisitions. The valuation picture of the share is attractive...

2022-02-18 av Joni Grönqvist
Publisher
Aktieanalys

Solteq: Software transformation progressing strongly

Solteq’s performance continued as strong in Q1 and the result exceeded our expectations clearly. After several difficult years, Solteq’s investor story started to strengthen gradually last year thanks to the growing software and product business. Due...

2021-04-30 av Joni Grönqvist
Publisher
Omfattande aktieanalys

Solteq: On its way from a retail sector IT consultant to a product house

We raise our target price for Solteq to EUR 3.4 (previously 3.0) reflecting updated estimates and we also raise our recommendation to Accumulate (previous Reduce). The 2010s were challenging for IT service and industry solution supplier Solteq. Solteq...

2021-02-08 av Joni Grönqvist