WithSecure

1,47 EUR +4,63 %

8 775 investerare följer bolaget.

www.withsecure.com/en/about-us/investor-relations

WithSecure är verksamma inom IT-sektorn. Bolaget är specialiserade inom cybersäkerhetslösningar. Idag tillhandahåller bolaget IT-lösningar som används för att hantera datavirus och övriga potentiella IT-hot inom data, mobil- och molntjänster. Bolagets tjänster erbjuds huvudsakligen till företagskunder samt större institutioner. Verksamhet innehas runtom den nordiska – och europeiska marknaden. Huvudkontoret ligger i Helsingfors.

P/E (23e)

−14,67

EV/EBIT (23e)

−9,2

EV/S (23e)

1,39

Direktavkastnings- % (23e)

Riktkurs

1.90 EUR

Rekommendation

Köp

Uppdaterad

30.3.2023

NASDAQ Helsinki

WITH

Dagens lägsta / högsta pris

1,441 / 1,497 EUR

Börsvärde

258,87 mn EUR

Omsättning

306,42 tn EUR

Volym

208 tn

Risk och rekommendation

HögRiskLåg

SäljRekommendationKöp

Senaste analyserna

WithSecure: A corporate security growth company a with cheap valuation

2022-11-29

F-Secure: Stable growth and value creation through special situation

2021-12-21

Wait for the acceleration of growth continues

2020-10-05

Analyst

Atte Riikola

Analyst

Senast publicerade videor

WithSecure Q4'22 – Thursday, Feb. 9 at 2:00 pm EET

2023-02-09

WithSecure Q3'22 – Thursday, Oct. 27 at 2:00 pm EEST

2022-10-27

WithSecure Q2'22 – Wednesday, Jul. 20 at 1:00 pm EEST

2022-07-20

Finansiell kalender

Delårsrapport

2023-04-20

Delårsrapport

2023-07-14

Delårsrapport

2023-10-18

Income statement

	2019	2020	2021	2022	2023e	2024e	2025e	2026e
Revenue	217,33	220,20	130,01	134,70	151,31	163,88	177,73	191,59
growth-%	13,97 %	1,32 %	−40,96 %	3,60 %	12,33 %	8,30 %	8,45 %	7,80 %
EBITDA	31,15	35,70	−16,63	−29,95	−10,49	1,59	11,15	18,56
EBIT (adj.)	9,59	22,85	−26,76	−36,76	−20,49	−5,15	4,04	11,11
EBIT	7,16	19,68	−30,10	−42,55	−22,89	−7,55	1,64	8,71
Profit before taxes	4,25	16,46	−30,40	−44,17	−23,39	−7,95	1,34	8,53
Net income	3,37	12,88	−25,40	−38,21	−19,88	−6,36	1,05	6,65
EPS (adj.)	0,03	0,10	−0,13	−0,19	−0,10	−0,02	0,02	0,05
growth-%	−24,79 %	193,00 %	−234,34 %					162,41 %
Dividend	0,00	0,04	0,00	0,00	0,00	0,00	0,00	0,00
Dividend ratio		49,12 %

Profitability and return on capital

	2019	2020	2021	2022	2023e	2024e	2025e	2026e
EBITDA-%	14,33 %	16,21 %	−12,79 %	−22,23 %	−6,93 %	0,97 %	6,27 %	9,69 %
EBIT-% (adj.)	4,41 %	10,38 %	−20,58 %	−27,29 %	−13,54 %	−3,14 %	2,28 %	5,80 %
EBIT-%	3,29 %	8,94 %	−23,15 %	−31,59 %	−15,13 %	−4,61 %	0,93 %	4,54 %
ROE	4,72 %	16,25 %	−28,57 %	−32,44 %	−15,28 %	−5,44 %	0,92 %	5,63 %
ROI	6,53 %	16,42 %	−24,47 %	−30,71 %	−16,38 %	−6,14 %	1,37 %	7,01 %

Valuation

	2019	2020	2021	2022	2023e	2024e	2025e	2026e
Share price (EUR)	1,23	1,55	2,01	1,37	1,47	1,47	1,47	1,47
Shares	157,79	158,12	158,35	174,53	174,53	174,53	174,53	174,53
Market cap	194,08	244,93	317,66	239,63	256,55	256,55	256,55	256,55
Enterprise value	209,91	233,35	293,08	183,70	210,63	215,12	211,79	201,46
EV/S	0,97	1,06	2,25	1,36	1,39	1,31	1,19	1,05
EV/EBITDA	6,74	6,54	-	-	-	135,38	19,00	10,85
EV/EBIT (adj.)	21,89	10,21	-	-	-	-	52,37	18,14
EV/EBIT	29,32	11,86	-	-	-	-	128,79	23,14
P/E (adj.)	37,36	16,06	-	-	-	-	74,39	28,35
P/E	57,68	19,02	-	-	-	-	244,63	38,58
P/B	2,55	2,97	3,33	1,71	2,13	2,25	2,23	2,11
P/S	0,89	1,11	2,44	1,78	1,70	1,57	1,44	1,34
Dividend yield		2,58 %
Equity ratio	48,99 %	52,51 %	59,59 %	79,04 %	77,52 %	75,93 %	74,83 %	74,55 %
Gearing ratio	20,79 %	−14,06 %	−25,75 %	−39,92 %	−38,20 %	−36,40 %	−38,96 %	−45,33 %

Quarter data

	Q1/22	Q2/22	Q3/22	Q4/22	2022	Q1/23e	Q2/23e	Q3/23e	Q4/23e
Revenue	32,36	32,47	33,49	36,38	134,70	36,88	36,69	37,26	40,48
EBITDA	−11,38	−10,54	−2,98	−5,05	−29,95	−5,16	−3,56	−1,90	0,12
EBIT	−14,58	−13,54	−6,08	−8,35	−42,55	−8,26	−6,66	−5,00	−2,98
Profit before taxes	−14,88	−13,70	−6,44	−9,15	−44,17	−8,38	−6,78	−5,12	−3,11
Net income	−13,00	−12,34	−4,94	−7,93	−38,21	−7,12	−5,76	−4,36	−2,64

Showing Alla typer av innehåll

Video

WithSecure Q4'22 – Thursday, Feb. 9 at 2:00 pm EET

Follow WithSecure's Q4’22 info on Thursday, February 9 at 2:00 pm EET on inderesTV.

WithSecure

2023-02-09

Omfattande aktieanalys

WithSecure: A corporate security growth company a with cheap valuation

In the next few years, WithSecure, profiled as a growth company in corporate security, will invest heavily in growing its cloud-native product portfolio. In the short term, this depresses the company's profitability, but if the strategy is successful...

WithSecure

2022-11-29 av Atte Riikola

Video

WithSecure Q3'22 – Thursday, Oct. 27 at 2:00 pm EEST

Welcome to follow WithSecure's Q3'22 info on Thursday, October 27 at 2:00 pm EEST.

WithSecure

2022-10-27

Video

WithSecure Q2'22 – Wednesday, Jul. 20 at 1:00 pm EEST

WithSecure

2022-07-20

Video

F-Secure Q4'21 - Thursday, Feb. 17 at 14:00 pm EET

Live webcast will start on February 17, at 14.00 EET

WithSecure

2022-02-17

Omfattande aktieanalys

F-Secure: Stable growth and value creation through special situation

F-Secure's share is currently in an interesting special situation when the company is strategically assessing the possibility to separate its consumer and corporate activities into own companies.

WithSecure

2021-12-21 av Atte Riikola

Omfattande aktieanalys

Wait for the acceleration of growth continues

For the last five years, F-Secure has been making significant investments in corporate security, and the fruits of the new product and service areas are beginning to be ready to be harvested in the form of accelerating growth once the COVID-19 situation...

WithSecure

2020-10-05 av Atte Riikola, Mikael Rautanen

Omfattande aktieanalys

Solid foundation for future growth

To our minds, F-Secure offers a well-managed and run combination of investment-phase business seeking strong growth (corporate security) and stable business built on a solid foundation. During the past 5 years, the company has undergone a significant...

WithSecure

2019-09-10 av Atte Riikola

Video

F-Secure Capital Markets Day 2018 November 28 at 8.45 EET

F-secure Capital Markets Day 2018 November 28 at 8.45 EET

WithSecure

2018-11-28

Video

F-Secure Capital Markets Day 2017

F-Secure Corporation is pleased to invite investors and analysts to its Capital Markets Day in Helsinki on Wednesday, 22 November 2017. The official program will start at 9.00 a.m. and end at approximately 1:00 pm. 01:40 Threat Landscape, Mikko Hyppö...

WithSecure

2017-11-22