contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


detection-technology-earnings-and-multiples-should-gain-evli

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Detection Technology is a global solution and service provider of X-ray detectors for medical, security and industrial applications. The company's solutions range from sensor components to optimized detector systems with microcircuits, electronics, mechanics, software and algorithms. The company has offices in Finland, India, China, France and the USA. Detection Technology was founded in 1991 and has its headquarters in Espoo.

DT already warned about component availability issues for the end of the year in connection with Q2. I don’t remember if it was specifically RAM memory, but in the big picture, it’s the same problem; data centers (indirectly AI) are absorbing all components, and large buyers are steamrolling the smaller ones. They have been solving the problem for a longer time, and the impact has not been particularly significant, as far as I understand, but sales on the Medical side are apparently lagging because of this. DT has increased its inventories during the year due to availability challenges, which is one reason why cash flow has been sluggish. As for costs, this is not a problem, as far as I understand; a more widespread price increase would be required there. I would assume there is nothing new negative here, but I need to find out if this has developed as expected or gotten even worse.

@Juha_Kinnunen (and everyone else too!) have you considered how the rise in RAM prices could affect DT? On the PC side, people are horrified as memory prices have tripled in a short time, and if this continues, it will probably affect other products (phones, etc.) in the form of a component shortage. Apparently, all memory and its manufacturing capacity are now being sucked into the AI and data center boom. The price probably wouldn’t be a problem for DT (a small part relative to the whole product?), but if components simply aren’t available, then there’s nothing to sell.

Saa toki!  Key downside risks: Geopolitical risks related to China and the US, FX risks, increased competition, price pressure, M&A risks, the global security outlook, the global economic outlook, advances in imaging technology, quality risks and the availability of components. Key upside risks: A fast recovery in aviation security investments, addressable market expansion and new growth opportunities, market share gains, margin recovery, China economic stimulus measures and a public takeover. Estimate and valuation changes Looking at recent developments and considering company-specific measures taken, we estimate a 50% y/y EBIT recovery in 2026 after the 2025 slump, with further but less pronounced improvements in 2027 (10% y/y). Our base case, driven by 3% market growth, TFT panel expansion and Security investments, points to respective 2025-31 sales and EBIT CAGRs of 4.7% and 14.2% (an average margin of 11.9%), while price pressure in China is likely to limit further upside. Based on our upside/downside scenario analyses, we find slightly positive risk/reward, but we reiterate Hold with an unchanged DCF- and multiples-based fair value of EUR 11.7. To find significant upside, one would need to model ~7% medium-term annual growth, or a ~15% discount to peers, which we find difficult to justify.

Could I get a brief explanation why Nordea is not quite as bullish as Inderes regarding DeeTee? What kind of forecasts for next year?

Nordea published its updated Detection Technology analysis. Recommendation: HOLD, Fair value: €11.70.

If DT interests you, the CMD recording can be recommended. The company and market open up in a completely different way. A good event, which should have been organized years ago..

I read through the entire thread, and I also need to practice using the search function. Thanks for the clear answers

Detection Technology

DT reports Q4 results on Feb 6. We make limited estimate revisions ahead of the report as outlook remains quite stable.