Gofore
22.85 EUR +3.86%7,416 investors are following this company
Gofore operates in the IT sector. Specialization is held towards offering digital solutions and consulting in lead and process design, as well as cloud-based solutions. The main knowledge is found in the construction and development of software systems and associated project management. The company's customers are found among corporate customers and institutions. Gofore operates mainly in the European market.
P/E (24e)
17.09
EV/EBIT (adj.) (24e)
12.88
EV/S (24e)
1.7
Dividend yield-% (24e)
2.19 %
Target price
26.00 EUR
Recommendation
Accumulate
Updated
15.4.2024
NASDAQ Helsinki
GOFORE
Daily low / high price
21.55 / 23.05
EUR
Market cap
357.83M EUR
Turnover
1.5M EUR
Volume
68K
Business risk
Valuation risk
Current
Previous
Latest research
Analyst
Joni Grönqvist
Analyst
Latest videos
Financial calendar
Interim report
2024-04-19
Interim report
2024-08-15
Interim report
2024-10-24
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Kärki Timur Juhana | 10.1 % | 10.1 % |
Varjus Mika | 8.6 % | 8.6 % |
Premium
This content is for our Premium customers only.
Insider Transactions
Insider | Date | Total value |
---|---|---|
Sanna Hildén | 2024-03-19 | 2,398EUR |
Tapani Liimatta | 2024-03-19 | 307EUR |
Premium
This content is for our Premium customers only.
Forum updates
Thank you som much for taking your time and answering questions!! GOLD, pure GOLD!
12/18/2023, 2:38 PM💙 3
Nöjd aktieägare mao! “Just sit back and enjoy the ride” låter ju alldeles utmärkt!
2/23/2024, 2:13 PM💙 2
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 78.0 | 104.5 | 149.9 | 189.2 | 196.0 | 217.9 | 243.8 | 273.1 |
growth-% | 21.7 % | 34.1 % | 43.5 % | 26.2 % | 3.6 % | 11.2 % | 11.9 % | 12.0 % |
EBITDA | 12.3 | 17.1 | 22.7 | 30.4 | 30.1 | 35.3 | 39.6 | 44.1 |
EBIT (adj.) | 10.8 | 14.6 | 22.0 | 26.7 | 25.9 | 31.2 | 35.4 | 39.9 |
EBIT | 8.8 | 12.2 | 16.6 | 23.0 | 21.6 | 26.8 | 31.0 | 35.5 |
Profit before taxes | 8.6 | 11.3 | 15.9 | 22.9 | 21.6 | 27.5 | 32.1 | 37.2 |
Net income | 6.9 | 9.1 | 12.2 | 18.3 | 16.7 | 21.4 | 25.0 | 29.4 |
EPS (adj.) | 0.64 | 0.80 | 1.13 | 1.40 | 1.34 | 1.65 | 1.88 | 2.16 |
growth-% | 39.3 % | 26.0 % | 41.3 % | 23.2 % | -4.2 % | 23.0 % | 14.2 % | 14.8 % |
Dividend | 0.24 | 0.28 | 0.34 | 0.47 | 0.50 | 0.58 | 0.66 | 0.74 |
Dividend ratio | 48.8 % | 46.5 % | 43.1 % | 40.3 % | 47.0 % | 42.5 % | 41.3 % | 39.4 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 15.8 % | 16.3 % | 15.2 % | 16.1 % | 15.4 % | 16.2 % | 16.2 % | 16.1 % |
EBIT-% (adj.) | 13.8 % | 14.0 % | 14.7 % | 14.1 % | 13.2 % | 14.3 % | 14.5 % | 14.6 % |
EBIT-% | 11.2 % | 11.7 % | 11.1 % | 12.2 % | 11.0 % | 12.3 % | 12.7 % | 13.0 % |
ROE | 20.2 % | 18.7 % | 17.4 % | 21.2 % | 17.1 % | 19.6 % | 20.2 % | 20.8 % |
ROI | 19.2 % | 19.0 % | 18.8 % | 20.8 % | 17.4 % | 21.9 % | 23.9 % | 24.5 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 17.15 | 24.00 | 22.20 | 22.40 | 22.85 | 22.85 | 22.85 | 22.85 |
Shares | 14.0 | 15.1 | 15.5 | 15.7 | 15.7 | 15.7 | 15.7 | 15.7 |
Market cap | 240.7 | 361.7 | 344.2 | 350.8 | 357.8 | 357.8 | 357.8 | 357.8 |
Enterprise value | 235.2 | 336.5 | 320.7 | 338.5 | 333.7 | 315.4 | 294.4 | 270.4 |
EV/S | 3.0 | 3.2 | 2.1 | 1.8 | 1.7 | 1.4 | 1.2 | 1.0 |
EV/EBITDA | 19.1 | 19.7 | 14.1 | 11.1 | 11.1 | 8.9 | 7.4 | 6.1 |
EV/EBIT (adj.) | 21.8 | 23.0 | 14.6 | 12.7 | 12.9 | 10.1 | 8.3 | 6.8 |
EV/EBIT | 26.9 | 27.6 | 19.3 | 14.7 | 15.4 | 11.8 | 9.5 | 7.6 |
P/E (adj.) | 27.0 | 29.9 | 19.6 | 16.0 | 17.1 | 13.9 | 12.2 | 10.6 |
P/E | 34.9 | 39.9 | 28.2 | 19.2 | 21.5 | 16.7 | 14.3 | 12.2 |
P/B | 6.7 | 5.9 | 4.3 | 3.8 | 3.5 | 3.1 | 2.7 | 2.4 |
P/S | 3.1 | 3.5 | 2.3 | 1.9 | 1.8 | 1.6 | 1.5 | 1.3 |
Dividend yield | 1.4 % | 1.2 % | 1.5 % | 2.1 % | 2.2 % | 2.5 % | 2.9 % | 3.2 % |
Equity ratio | 46.0 % | 60.2 % | 53.7 % | 56.0 % | 60.2 % | 66.0 % | 66.8 % | 67.7 % |
Gearing ratio | -15.4 % | -41.1 % | -29.5 % | -13.1 % | -23.4 % | -36.5 % | -47.9 % | -57.8 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 49.2 | 47.6 | 40.8 | 51.7 | 189.2 | 49.9 | 50.9 | 41.7 | 53.5 |
EBITDA | 8.8 | 6.2 | 5.3 | 10.1 | 30.4 | 6.0 | 8.0 | 7.0 | 9.1 |
EBIT | 7.1 | 4.5 | 3.4 | 8.0 | 23.0 | 3.9 | 5.8 | 4.8 | 7.0 |
Profit before taxes | 7.0 | 4.4 | 3.3 | 8.2 | 22.9 | 4.0 | 5.8 | 4.8 | 6.9 |
Net income | 5.4 | 3.4 | 2.5 | 6.8 | 18.3 | 3.1 | 4.5 | 3.7 | 5.3 |
ShowingAll content types
IT service sector: Our expectations for 2024 generally at the lower end of companies' guidance
Resolutions of Gofore Plc’s Annual General Meeting and organisational meeting of the Board of Directors on 4 April 2024
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