Qt Group
69.35 EUR -1.84%15,155 investors are following this company
QT Group is active in the IT sector. The group develops various development tools for the global market. The technology is based on QT technology and is used to develop multi-platform interfaces and associated applications. The services are used in, among other things, industrial robots, entertainment systems, and vehicle systems. Businesses are conducted on a global level and customers are found in the automotive and aerospace industries.
P/E (24e)
30.28
EV/EBIT (adj.) (24e)
23.68
EV/S (24e)
7.63
Dividend yield-% (24e)
-
Target price
84.00 EUR
Recommendation
Accumulate
Updated
18.2.2024
NASDAQ Helsinki
QTCOM
Daily low / high price
68.55 / 70.9
EUR
Market cap
1.77B EUR
Turnover
3.22M EUR
Volume
46K
Risk and recommendation
HighRiskLow
SellRecommendationBuy
Latest research
Extensive report
Inderes' extensive report is an investor's handbook on customer companies covered by our research.
The latest extensive report was released
Read the reportAnalyst
Antti Luiro
Head of Nordic ER Development, Analyst
Financial calendar
Interim report
2024-04-25
Interim report
2024-08-08
Interim report
2024-10-31
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Ingman Development Oy Ab | 21.4 % | 21.4 % |
Ilmarinen Mutual Pension Insurance Company | 6.2 % | 6.2 % |
Premium
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Juhapekka Niemi | 2024-03-15 | 965,300EUR |
Matti Heikkonen | 2023-10-27 | 24,676EUR |
Premium
This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 79.4 | 121.1 | 155.3 | 180.7 | 221.8 | 271.9 | 327.0 | 391.5 |
growth-% | 36.1 % | 52.5 % | 28.2 % | 16.4 % | 22.7 % | 22.6 % | 20.2 % | 19.7 % |
EBITDA | 19.5 | 33.3 | 45.3 | 58.5 | 74.6 | 92.7 | 113.5 | 138.2 |
EBIT (adj.) | 17.0 | 31.5 | 42.2 | 55.4 | 71.5 | 89.5 | 110.2 | 134.9 |
EBIT | 17.0 | 28.8 | 36.9 | 47.3 | 63.5 | 81.5 | 102.2 | 126.9 |
Profit before taxes | 16.4 | 29.3 | 37.6 | 44.8 | 63.1 | 81.3 | 102.0 | 126.7 |
Net income | 12.8 | 22.4 | 34.3 | 35.5 | 50.1 | 64.2 | 80.1 | 98.8 |
EPS (adj.) | 0.53 | 1.01 | 1.58 | 1.71 | 2.29 | 2.84 | 3.46 | 4.20 |
growth-% | 91.1 % | 55.9 % | 8.6 % | 33.7 % | 23.9 % | 21.9 % | 21.3 % | |
Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend ratio |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 24.5 % | 27.5 % | 29.1 % | 32.4 % | 33.6 % | 34.1 % | 34.7 % | 35.3 % |
EBIT-% (adj.) | 21.4 % | 26.0 % | 27.2 % | 30.6 % | 32.2 % | 32.9 % | 33.7 % | 34.5 % |
EBIT-% | 21.4 % | 23.8 % | 23.7 % | 26.2 % | 28.6 % | 30.0 % | 31.3 % | 32.4 % |
ROE | 54.8 % | 55.0 % | 49.6 % | 33.9 % | 34.0 % | 31.4 % | 28.9 % | 27.0 % |
ROI | 63.5 % | 57.0 % | 40.2 % | 36.7 % | 40.0 % | 39.4 % | 36.7 % | 34.5 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 57.60 | 133.60 | 44.50 | 64.50 | 69.35 | 69.35 | 69.35 | 69.35 |
Shares | 24.2 | 24.8 | 25.3 | 25.4 | 25.4 | 25.5 | 25.5 | 25.5 |
Market cap | 1,395.0 | 3,311.0 | 1,126.7 | 1,637.7 | 1,760.9 | 1,765.7 | 1,765.7 | 1,765.7 |
Enterprise value | 1,375.6 | 3,310.6 | 1,146.1 | 1,624.7 | 1,693.0 | 1,633.4 | 1,553.9 | 1,457.2 |
EV/S | 17.3 | 27.3 | 7.4 | 9.0 | 7.6 | 6.0 | 4.8 | 3.7 |
EV/EBITDA | 70.7 | 99.3 | 25.3 | 27.8 | 22.7 | 17.6 | 13.7 | 10.5 |
EV/EBIT (adj.) | 80.9 | 105.0 | 27.1 | 29.3 | 23.7 | 18.2 | 14.1 | 10.8 |
EV/EBIT | 80.9 | 114.9 | 31.1 | 34.3 | 26.7 | 20.0 | 15.2 | 11.5 |
P/E (adj.) | 108.8 | 132.1 | 28.2 | 37.7 | 30.3 | 24.4 | 20.0 | 16.5 |
P/E | 108.8 | 147.2 | 32.7 | 46.2 | 35.1 | 27.5 | 22.1 | 17.9 |
P/B | 46.7 | 64.2 | 13.0 | 13.4 | 10.2 | 7.5 | 5.6 | 4.2 |
P/S | 17.6 | 27.3 | 7.3 | 9.1 | 7.9 | 6.5 | 5.4 | 4.5 |
Dividend yield | ||||||||
Equity ratio | 63.2 % | 49.7 % | 52.8 % | 64.4 % | 69.4 % | 73.1 % | 76.2 % | 78.6 % |
Gearing ratio | -64.9 % | -0.7 % | 22.3 % | -10.7 % | -39.4 % | -55.9 % | -66.9 % | -74.2 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 40.0 | 43.5 | 38.0 | 59.3 | 180.7 | 47.3 | 54.0 | 47.0 | 73.5 |
EBITDA | 8.6 | 13.3 | 10.0 | 26.8 | 58.5 | 11.2 | 16.1 | 13.6 | 33.8 |
EBIT | 5.8 | 10.5 | 7.2 | 23.9 | 47.3 | 8.4 | 13.3 | 10.8 | 31.0 |
Profit before taxes | 5.3 | 10.0 | 7.1 | 22.4 | 44.8 | 8.3 | 13.2 | 10.7 | 30.9 |
Net income | 4.4 | 7.9 | 5.5 | 17.7 | 35.5 | 6.6 | 10.5 | 8.5 | 24.6 |
ShowingAll content types
Qt Group streamlines UI development for industrial IoT with Qualcomm
Qt Group Plc - Managers' Transactions - Juhapekka Niemi
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