Epävarmuutta on, mutta tehostamistoimet purevat

SIILIResearch2024-02-28 06:42

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Siilin liikevaihto laski hieman odotuksia enemmän, mutta tehostamistoimet purivat odotuksia paremmin Q4:llä. Yhtiö on luottavainen kuluvaan vuoteen, vaikka trendi oli vielä pehmeä Q4:llä. Ennusteemme kuluvalle vuodelle ovat ohjeistuksen alalaidalla/keskitasolla ja markkinan painamana alle historiallisen tason. Ennusteillamme arvostuskuva on näkemyksemme mukaan houkutteleva (2024 EV/EBITA 8x). Talouden ja markkinan elpyessä on yhtiön operatiivisessa tekemisessä ja siten osakkeessa nousuvaraa.

Siili Solutions operates in the IT sector. The company develops and integrates software for information systems, and offers services related to the development of technology platforms, information management, IT architecture, and various project management. The expertise is found in data management, analysis, and artificial intelligence. The company was founded in 2005 and is headquartered in Helsinki.

Key Estimate Figures2024-02-27

	2023	24e	25e
Revenue	122.7	121.7	128.0
growth-%	3.7 %	-0.8 %	5.2 %
EBIT (adj.)	8.7	9.0	10.0
EBIT-% (adj.)	7.1 %	7.4 %	7.8 %
EPS (adj.)	0.66	0.79	0.92
Dividend	0.26	0.30	0.35
Dividend %	2.7 %	10.2 %	12.0 %
P/E (adj.)	14.7	3.7	3.2
EV/EBITDA	6.7	1.8	1.4

Forum discussions

Here is the company report on Siili from Joni We reiterate our “accumulate” recommendation and target price of 3.4 euros for the stock. The ...

yesterday

by Sijoittaja-alokas

Joni interviewed Siili’s interim CEO Markku Savusalo following the Q2 results Topics: 00:00 Intro 00:10 Markku Savusalo 01:25 Key highlights...

8/11/2026, 10:41 AM

by Sijoittaja-alokas

HR – they split off from there a while back and are posting the usual platitudes on LinkedIn that are typical for that platform and role. Siili...

8/11/2026, 9:51 AM

by TitoK

It feels like it’s hidden from us retail investors, no matter how hard I tried to search for it to find it for you. I wonder if only these people...

8/11/2026, 9:41 AM

by Sijoittaja-alokas

Is there a link for the Siili 1:00 PM webcast anywhere? I tried googling it…

8/11/2026, 9:29 AM

Siili reported their results, and after the drastic profit warning, it was exactly what I expected. Joni had a bit more faith. Siili has risen...

8/11/2026, 6:23 AM

by Blackparta

Here are Joni’s pre-view comments on Siili, which will report its Q2 results next Tuesday We expect the company’s revenue to have continued ...

8/7/2026, 7:18 AM

by Sijoittaja-alokas

Epävarmuutta on, mutta tehostamistoimet purevat

SIILIResearch2024-02-28 06:42

Joni GrönqvistAnalyst

Discuss

Download report (PDF)This report is only available for Inderes Premium customers.

Key Estimate Figures2024-02-27

	2023	24e	25e
Revenue	122.7	121.7	128.0
growth-%	3.7 %	-0.8 %	5.2 %
EBIT (adj.)	8.7	9.0	10.0
EBIT-% (adj.)	7.1 %	7.4 %	7.8 %
EPS (adj.)	0.66	0.79	0.92
Dividend	0.26	0.30	0.35
Dividend %	2.7 %	10.2 %	12.0 %
P/E (adj.)	14.7	3.7	3.2
EV/EBITDA	6.7	1.8	1.4