Detection Technology
14.5 EUR +5.84%5,128 investors are following this company
Detection Technology is an IT company focused on medical technology tools. The company is a supplier of software solutions for X-ray imaging systems and associated components. The products are used in the work areas of medicine, safety, and industrial applications. Detection Technology operates worldwide, with the largest presence around the Nordic market. The company was founded in 1991 and is headquartered in Oulu.
P/E (24e)
18.12
EV/EBIT (adj.) (24e)
13.88
P/B (24e)
2.66
Dividend yield-% (24e)
2.49 %
Target price
15.50 EUR
Recommendation
Buy
Updated
26.3.2024
First North Finland
DETEC
Daily low / high price
13.5 / 14.5
EUR
Market cap
212.51M EUR
Turnover
107.81K EUR
Volume
7.9K
Risk and recommendation
HighRiskLow
SellRecommendationBuy
Analyst
Juha Kinnunen
Analyst
Latest videos
Financial calendar
Business review
2024-04-25
Interim report
2024-08-06
Business review
2024-10-29
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Ahlstrom Capital Bv | 36.0 % | 36.0 % |
OP-Finland Value Fund | 4.2 % | 4.2 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Wu Chen | 2023-08-11 | 14,000EUR |
Wu Chen | 2023-08-07 | 14,000EUR |
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This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 81.6 | 89.8 | 98.6 | 103.8 | 111.4 | 124.5 | 138.1 | 152.5 |
growth-% | -20.4 % | 10.1 % | 9.8 % | 5.3 % | 7.4 % | 11.7 % | 11.0 % | 10.4 % |
EBITDA | 12.0 | 13.9 | 9.0 | 11.8 | 17.6 | 22.3 | 27.0 | 29.8 |
EBIT (adj.) | 8.9 | 10.6 | 6.1 | 9.7 | 13.9 | 18.6 | 22.9 | 25.3 |
EBIT | 8.7 | 10.6 | 5.8 | 8.2 | 12.7 | 17.5 | 21.8 | 24.2 |
Profit before taxes | 8.1 | 11.4 | 5.6 | 7.3 | 12.9 | 17.5 | 21.8 | 24.3 |
Net income | 6.7 | 9.3 | 5.1 | 5.5 | 10.6 | 13.9 | 17.3 | 19.2 |
EPS (adj.) | 0.48 | 0.64 | 0.37 | 0.47 | 0.80 | 1.03 | 1.25 | 1.39 |
growth-% | -47.6 % | 32.4 % | -41.4 % | 27.6 % | 68.6 % | 28.5 % | 22.0 % | 10.6 % |
Dividend | 0.28 | 0.35 | 0.20 | 0.23 | 0.36 | 0.48 | 0.59 | 0.66 |
Dividend ratio | 59.8 % | 55.1 % | 57.3 % | 61.1 % | 50.0 % | 50.0 % | 50.0 % | 50.0 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 14.7 % | 15.4 % | 9.2 % | 11.3 % | 15.8 % | 17.9 % | 19.5 % | 19.5 % |
EBIT-% (adj.) | 10.9 % | 11.8 % | 6.2 % | 9.3 % | 12.4 % | 15.0 % | 16.6 % | 16.6 % |
EBIT-% | 10.7 % | 11.8 % | 5.9 % | 7.9 % | 11.4 % | 14.1 % | 15.8 % | 15.9 % |
ROE | 11.5 % | 14.1 % | 7.0 % | 7.6 % | 13.9 % | 16.5 % | 18.4 % | 18.4 % |
ROI | 13.8 % | 15.1 % | 7.7 % | 10.7 % | 15.7 % | 20.0 % | 22.7 % | 22.9 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 23.90 | 29.30 | 16.90 | 13.70 | 14.50 | 14.50 | 14.50 | 14.50 |
Shares | 14.4 | 14.7 | 14.7 | 14.7 | 14.7 | 14.7 | 14.7 | 14.7 |
Market cap | 343.6 | 429.4 | 247.7 | 200.8 | 212.5 | 212.5 | 212.5 | 212.5 |
Enterprise value | 324.2 | 401.8 | 227.1 | 188.1 | 192.3 | 185.9 | 180.3 | 173.2 |
EV/S | 4.0 | 4.5 | 2.3 | 1.8 | 1.7 | 1.5 | 1.3 | 1.1 |
EV/EBITDA | 27.1 | 29.0 | 25.2 | 16.0 | 10.9 | 8.3 | 6.7 | 5.8 |
EV/EBIT (adj.) | 36.5 | 38.0 | 37.0 | 19.5 | 13.9 | 10.0 | 7.9 | 6.8 |
EV/EBIT | 37.2 | 38.0 | 39.1 | 22.9 | 15.1 | 10.6 | 8.3 | 7.2 |
P/E (adj.) | 49.8 | 46.1 | 45.4 | 28.9 | 18.1 | 14.1 | 11.6 | 10.4 |
P/E | 51.0 | 46.1 | 48.4 | 36.4 | 20.1 | 15.2 | 12.3 | 11.1 |
P/B | 5.9 | 5.8 | 3.4 | 2.8 | 2.7 | 2.4 | 2.1 | 1.9 |
P/S | 4.2 | 4.8 | 2.5 | 1.9 | 1.9 | 1.7 | 1.5 | 1.4 |
Dividend yield | 1.2 % | 1.2 % | 1.2 % | 1.7 % | 2.5 % | 3.3 % | 4.1 % | 4.5 % |
Equity ratio | 77.3 % | 80.0 % | 79.8 % | 77.4 % | 79.7 % | 79.9 % | 81.6 % | 81.7 % |
Gearing ratio | -33.1 % | -37.6 % | -28.3 % | -17.4 % | -25.3 % | -30.1 % | -32.5 % | -35.9 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 22.8 | 25.2 | 24.5 | 31.3 | 103.8 | 22.4 | 25.7 | 28.4 | 35.0 |
EBITDA | 2.2 | 2.1 | 2.2 | 5.2 | 11.8 | 2.5 | 3.3 | 4.6 | 7.2 |
EBIT | 1.5 | 1.4 | 1.1 | 4.3 | 8.2 | 1.3 | 2.1 | 3.3 | 5.9 |
Profit before taxes | 1.2 | 0.8 | 1.0 | 4.3 | 7.3 | 1.3 | 2.2 | 3.3 | 6.0 |
Net income | 0.8 | 0.5 | 0.7 | 3.6 | 5.5 | 1.1 | 1.8 | 2.7 | 5.0 |
ShowingAll content types
Detection Technology Oyj: Detection Technology: Organising meeting of the Board of Directors
Detection Technology Oyj: Resolutions of the Annual General Meeting of Detection Technology
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