View ValuationExsitec Holding 향후 성장Future 기준 점검 1/6Exsitec Holding (는) 각각 연간 8.9% 및 6.3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 8.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 16.7% 로 예상됩니다.핵심 정보8.9%이익 성장률8.89%EPS 성장률IT 이익 성장12.6%매출 성장률6.3%향후 자기자본이익률16.75%애널리스트 커버리지Low마지막 업데이트20 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Apr 22Exsitec Holding AB (publ) to Report Fiscal Year 2026 Results on Feb 02, 2027Exsitec Holding AB (publ) announced that they will report fiscal year 2026 results on Feb 02, 2027공시 • Feb 04Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2026Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2026.공시 • Jul 11+ 5 more updatesExsitec Holding AB (publ) to Report Fiscal Year 2025 Results on Feb 03, 2026Exsitec Holding AB (publ) announced that they will report fiscal year 2025 results on Feb 03, 2026공시 • Apr 16Exsitec Holding AB (publ) to Report Q1, 2025 Results on Apr 23, 2025Exsitec Holding AB (publ) announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on Apr 23, 2025공시 • Mar 25Exsitec Holding AB (publ) (OM:EXS) acquired BrightCom Solutions AB for approximately SEK 150 million.Exsitec Holding AB (publ) (OM:EXS) acquired BrightCom Solutions AB for approximately SEK 150 million on November 6, 2024. A cash consideration of SEK 132.44 million will be paid by Exsitec Holding AB (publ). Exsitec Holding AB (publ) will pay an earnout/contingent payment of SEK 8.72 million cash. As part of consideration, SEK 145.16 million is paid towards common equity of BrightCom Solutions AB. Exsitec Holding AB (publ) (OM:EXS) completed the acquisition of BrightCom Solutions AB on November 6, 2024.공시 • Jan 31Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2025Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2025.Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €12.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.94 per share.Reported Earnings • Oct 17Third quarter 2024 earnings released: kr0.28 loss per share (vs kr0.13 profit in 3Q 2023)Third quarter 2024 results: kr0.28 loss per share (down from kr0.13 profit in 3Q 2023). Revenue: kr161.2m (up 5.1% from 3Q 2023). Net loss: kr3.76m (down 323% from profit in 3Q 2023). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 16Second quarter 2024 earnings released: EPS: kr1.96 (vs kr1.35 in 2Q 2023)Second quarter 2024 results: EPS: kr1.96 (up from kr1.35 in 2Q 2023). Revenue: kr210.7m (up 13% from 2Q 2023). Net income: kr26.3m (up 51% from 2Q 2023). Profit margin: 13% (up from 9.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Declared Dividend • Mar 31Dividend of kr1.75 announcedShareholders will receive a dividend of kr1.75. Ex-date: 8th May 2024 Payment date: 15th May 2024 Dividend yield will be 11%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 86% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 28Full year 2023 earnings released: EPS: kr5.48 (vs kr4.37 in FY 2022)Full year 2023 results: EPS: kr5.48 (up from kr4.37 in FY 2022). Revenue: kr751.3m (up 14% from FY 2022). Net income: kr70.8m (up 26% from FY 2022). Profit margin: 9.4% (up from 8.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.New Risk • Feb 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (7.5% net profit margin). Shareholders have been diluted in the past year (4.0% increase in shares outstanding).공시 • Feb 05+ 5 more updatesExsitec Holding AB (publ) to Report Fiscal Year 2023 Results on Mar 15, 2024Exsitec Holding AB (publ) announced that they will report fiscal year 2023 results on Mar 15, 2024Buying Opportunity • Dec 14Now 22% undervaluedOver the last 90 days, the stock is up 8.2%. The fair value is estimated to be €16.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 95% in the next 2 years.Board Change • Nov 24High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Peter Viberg is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Nov 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 5.9%. The fair value is estimated to be €15.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 95% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.70, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 131% over the past three years.New Risk • Oct 23New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.5% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: kr0.13 (vs kr0.80 loss in 3Q 2022)Third quarter 2023 results: EPS: kr0.13 (up from kr0.80 loss in 3Q 2022). Revenue: kr154.0m (down 3.4% from 3Q 2022). Net income: kr1.69m (up kr12.0m from 3Q 2022). Profit margin: 1.1% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.New Risk • Jul 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.0% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (9.0% net profit margin).Reported Earnings • Jul 17Second quarter 2023 earnings released: EPS: kr1.35 (vs kr0.66 loss in 2Q 2022)Second quarter 2023 results: EPS: kr1.35 (up from kr0.66 loss in 2Q 2022). Revenue: kr187.8m (down 1.0% from 2Q 2022). Net income: kr17.4m (up kr25.9m from 2Q 2022). Profit margin: 9.3% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Germany.New Risk • Jun 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results.Buying Opportunity • May 25Now 21% undervaluedOver the last 90 days, the stock is up 3.9%. The fair value is estimated to be €16.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.Buying Opportunity • May 10Now 21% undervaluedOver the last 90 days, the stock is up 5.3%. The fair value is estimated to be €17.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €12.85, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 19x in the IT industry in Germany. Total loss to shareholders of 24% over the past year.Upcoming Dividend • Apr 25Upcoming dividend of kr1.75 per share at 1.2% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 08 May 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.1%).공시 • Feb 09+ 5 more updatesExsitec Holding AB (publ) to Report Q1, 2023 Results on Apr 28, 2023Exsitec Holding AB (publ) announced that they will report Q1, 2023 results on Apr 28, 2023Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Asa Holmstrom was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 16Second quarter 2022 earnings released: kr0.66 loss per share (vs kr0.14 loss in 2Q 2021)Second quarter 2022 results: kr0.66 loss per share (down from kr0.14 loss in 2Q 2021). Revenue: kr190.5m (up 43% from 2Q 2021). Net loss: kr8.45m (loss widened 382% from 2Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 16% growth forecast for the industry in Germany.Reported Earnings • May 01First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr182.2m (up 56% from 1Q 2021). Net income: kr1.90m (down 33% from 1Q 2021). Profit margin: 1.0% (down from 2.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 19% growth forecast for the industry in Germany.Board Change • Apr 29Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Asa Holmstrom was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 30Full year 2021 earnings released: kr1.79 loss per share (vs kr0.23 profit in FY 2020)Full year 2021 results: kr1.79 loss per share (down from kr0.23 profit in FY 2020). Revenue: kr536.0m (up 83% from FY 2020). Net loss: kr22.1m (down kr24.8m from profit in FY 2020). Over the next year, revenue is forecast to grow 29%, compared to a 18% growth forecast for the industry in Germany.Reported Earnings • Feb 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: kr1.70 loss per share (down from kr0.23 profit in FY 2020). Revenue: kr535.0m (up 83% from FY 2020). Net loss: kr22.1m (down kr24.8m from profit in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 30%, compared to a 17% growth forecast for the industry in Germany.공시 • Feb 09+ 4 more updatesExsitec Holding AB (publ), Annual General Meeting, Apr 29, 2022Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2022.공시 • Feb 08Exsitec Holding AB (Publ) Proposes Dividend for the Year 2021Exsitec Holding AB (publ) announced that board suggests a dividend of SEK 1.50 per share, a total of SEK 19.1 million.Board Change • Feb 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Asa Holmstrom was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 14Third quarter 2021 earnings released: kr1.94 loss per share (vs kr0.34 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: kr115.5m (up 99% from 3Q 2020). Net loss: kr24.6m (loss widened kr21.1m from 3Q 2020).공시 • Jun 03Exsitec Holding AB (publ) (OM:EXS) signed an agreement to acquire Vitari As for approximately NOK 125 million.Exsitec Holding AB (publ) (OM:EXS) signed an agreement to acquire Vitari As for approximately NOK 125 million on June 2, 2021. For the year ending December 31, 2020, Vitari As had revenues of NOK 125 million.Reported Earnings • May 07First quarter 2021 earnings released: EPS kr0.24 (vs kr20.09 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: kr113.8m (up 42% from 1Q 2020). Net income: kr2.85m (up 39% from 1Q 2020). Profit margin: 2.5% (in line with 1Q 2020).Reported Earnings • Mar 07Full year 2020 earnings released: EPS kr0.23 (vs kr0.68 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr292.4m (up 12% from FY 2019). Net income: kr2.74m (up kr9.71m from FY 2019). Profit margin: 0.9% (up from net loss in FY 2019). The move to profitability was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Mar 07Revenue misses expectationsRevenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 45%, compared to a 12% growth forecast for the IT industry in Germany.Analyst Estimate Surprise Post Earnings • Feb 16Revenue misses expectationsRevenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 45%, compared to a 12% growth forecast for the IT industry in Germany.Reported Earnings • Feb 14Full year 2020 earnings released: EPS kr0.31 (vs kr0.68 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr292.4m (up 12% from FY 2019). Net income: kr2.74m (up kr9.70m from FY 2019). Profit margin: 0.9% (up from net loss in FY 2019). The move to profitability was driven by higher revenue.Is New 90 Day High Low • Jan 28New 90-day high: €10.10The company is up 84% from its price of €5.50 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 5.0% over the same period.공시 • Jan 09Exsitec Holding AB (publ) (OM:EXS) acquired Millnet BI AB for approximately SEK 120 million.Exsitec Holding AB (publ) (OM:EXS) acquired Millnet BI AB for approximately SEK 120 million on January 7, 2021. Exsitec Holding AB (publ) (OM:EXS) completed the acquisition Millnet BI AB on January 7, 2021.Is New 90 Day High Low • Jan 05New 90-day high: €7.35The company is up 32% from its price of €5.55 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 17% over the same period.이익 및 매출 성장 예측DB:1TI - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,058117171183212/31/2027996106159171212/31/20269329815216323/31/202689391129137N/A12/31/202589586144153N/A9/30/20258827489122N/A6/30/20258566073104N/A3/31/20258396368100N/A12/31/2024811595689N/A9/30/2024796759099N/A6/30/202478880109118N/A3/31/20247637196105N/A12/31/20237517196106N/A9/30/20237295599107N/A6/30/2023715648695N/A3/31/2023693597889N/A12/31/2022657568490N/A9/30/20225781118591N/A6/30/2022554756469N/A3/31/2022519616770N/A12/31/2021460405053N/A9/30/2021434-222931N/A6/30/2021378-14346N/A3/31/202131714851N/A12/31/202029234849N/A9/30/202030304446N/A6/30/2020295-34244N/A3/31/2020283-41425N/A12/31/2019262-7N/A23N/A12/31/2018178-10N/A16N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 1TI 의 연간 예상 수익 증가율(8.9%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: 1TI 의 연간 수익(8.9%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 1TI 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 1TI 의 수익(연간 6.3%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 1TI 의 수익(연간 6.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 1TI의 자본 수익률은 3년 후 16.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 04:18종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Exsitec Holding AB (publ)는 7명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Carl RagnerstamNordea MarketsRaymond KeNordea MarketsThomas NilssonNordea Markets4명의 분석가 더 보기
공시 • Apr 22Exsitec Holding AB (publ) to Report Fiscal Year 2026 Results on Feb 02, 2027Exsitec Holding AB (publ) announced that they will report fiscal year 2026 results on Feb 02, 2027
공시 • Feb 04Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2026Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2026.
공시 • Jul 11+ 5 more updatesExsitec Holding AB (publ) to Report Fiscal Year 2025 Results on Feb 03, 2026Exsitec Holding AB (publ) announced that they will report fiscal year 2025 results on Feb 03, 2026
공시 • Apr 16Exsitec Holding AB (publ) to Report Q1, 2025 Results on Apr 23, 2025Exsitec Holding AB (publ) announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on Apr 23, 2025
공시 • Mar 25Exsitec Holding AB (publ) (OM:EXS) acquired BrightCom Solutions AB for approximately SEK 150 million.Exsitec Holding AB (publ) (OM:EXS) acquired BrightCom Solutions AB for approximately SEK 150 million on November 6, 2024. A cash consideration of SEK 132.44 million will be paid by Exsitec Holding AB (publ). Exsitec Holding AB (publ) will pay an earnout/contingent payment of SEK 8.72 million cash. As part of consideration, SEK 145.16 million is paid towards common equity of BrightCom Solutions AB. Exsitec Holding AB (publ) (OM:EXS) completed the acquisition of BrightCom Solutions AB on November 6, 2024.
공시 • Jan 31Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2025Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2025.
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €12.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.94 per share.
Reported Earnings • Oct 17Third quarter 2024 earnings released: kr0.28 loss per share (vs kr0.13 profit in 3Q 2023)Third quarter 2024 results: kr0.28 loss per share (down from kr0.13 profit in 3Q 2023). Revenue: kr161.2m (up 5.1% from 3Q 2023). Net loss: kr3.76m (down 323% from profit in 3Q 2023). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 16Second quarter 2024 earnings released: EPS: kr1.96 (vs kr1.35 in 2Q 2023)Second quarter 2024 results: EPS: kr1.96 (up from kr1.35 in 2Q 2023). Revenue: kr210.7m (up 13% from 2Q 2023). Net income: kr26.3m (up 51% from 2Q 2023). Profit margin: 13% (up from 9.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Declared Dividend • Mar 31Dividend of kr1.75 announcedShareholders will receive a dividend of kr1.75. Ex-date: 8th May 2024 Payment date: 15th May 2024 Dividend yield will be 11%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 86% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: kr5.48 (vs kr4.37 in FY 2022)Full year 2023 results: EPS: kr5.48 (up from kr4.37 in FY 2022). Revenue: kr751.3m (up 14% from FY 2022). Net income: kr70.8m (up 26% from FY 2022). Profit margin: 9.4% (up from 8.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (7.5% net profit margin). Shareholders have been diluted in the past year (4.0% increase in shares outstanding).
공시 • Feb 05+ 5 more updatesExsitec Holding AB (publ) to Report Fiscal Year 2023 Results on Mar 15, 2024Exsitec Holding AB (publ) announced that they will report fiscal year 2023 results on Mar 15, 2024
Buying Opportunity • Dec 14Now 22% undervaluedOver the last 90 days, the stock is up 8.2%. The fair value is estimated to be €16.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 95% in the next 2 years.
Board Change • Nov 24High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Peter Viberg is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Nov 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 5.9%. The fair value is estimated to be €15.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 95% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.70, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 131% over the past three years.
New Risk • Oct 23New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.5% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: kr0.13 (vs kr0.80 loss in 3Q 2022)Third quarter 2023 results: EPS: kr0.13 (up from kr0.80 loss in 3Q 2022). Revenue: kr154.0m (down 3.4% from 3Q 2022). Net income: kr1.69m (up kr12.0m from 3Q 2022). Profit margin: 1.1% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.0% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (9.0% net profit margin).
Reported Earnings • Jul 17Second quarter 2023 earnings released: EPS: kr1.35 (vs kr0.66 loss in 2Q 2022)Second quarter 2023 results: EPS: kr1.35 (up from kr0.66 loss in 2Q 2022). Revenue: kr187.8m (down 1.0% from 2Q 2022). Net income: kr17.4m (up kr25.9m from 2Q 2022). Profit margin: 9.3% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Germany.
New Risk • Jun 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results.
Buying Opportunity • May 25Now 21% undervaluedOver the last 90 days, the stock is up 3.9%. The fair value is estimated to be €16.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.
Buying Opportunity • May 10Now 21% undervaluedOver the last 90 days, the stock is up 5.3%. The fair value is estimated to be €17.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €12.85, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 19x in the IT industry in Germany. Total loss to shareholders of 24% over the past year.
Upcoming Dividend • Apr 25Upcoming dividend of kr1.75 per share at 1.2% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 08 May 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.1%).
공시 • Feb 09+ 5 more updatesExsitec Holding AB (publ) to Report Q1, 2023 Results on Apr 28, 2023Exsitec Holding AB (publ) announced that they will report Q1, 2023 results on Apr 28, 2023
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Asa Holmstrom was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 16Second quarter 2022 earnings released: kr0.66 loss per share (vs kr0.14 loss in 2Q 2021)Second quarter 2022 results: kr0.66 loss per share (down from kr0.14 loss in 2Q 2021). Revenue: kr190.5m (up 43% from 2Q 2021). Net loss: kr8.45m (loss widened 382% from 2Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 16% growth forecast for the industry in Germany.
Reported Earnings • May 01First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr182.2m (up 56% from 1Q 2021). Net income: kr1.90m (down 33% from 1Q 2021). Profit margin: 1.0% (down from 2.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 19% growth forecast for the industry in Germany.
Board Change • Apr 29Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Asa Holmstrom was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 30Full year 2021 earnings released: kr1.79 loss per share (vs kr0.23 profit in FY 2020)Full year 2021 results: kr1.79 loss per share (down from kr0.23 profit in FY 2020). Revenue: kr536.0m (up 83% from FY 2020). Net loss: kr22.1m (down kr24.8m from profit in FY 2020). Over the next year, revenue is forecast to grow 29%, compared to a 18% growth forecast for the industry in Germany.
Reported Earnings • Feb 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: kr1.70 loss per share (down from kr0.23 profit in FY 2020). Revenue: kr535.0m (up 83% from FY 2020). Net loss: kr22.1m (down kr24.8m from profit in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 30%, compared to a 17% growth forecast for the industry in Germany.
공시 • Feb 09+ 4 more updatesExsitec Holding AB (publ), Annual General Meeting, Apr 29, 2022Exsitec Holding AB (publ), Annual General Meeting, Apr 29, 2022.
공시 • Feb 08Exsitec Holding AB (Publ) Proposes Dividend for the Year 2021Exsitec Holding AB (publ) announced that board suggests a dividend of SEK 1.50 per share, a total of SEK 19.1 million.
Board Change • Feb 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Asa Holmstrom was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 14Third quarter 2021 earnings released: kr1.94 loss per share (vs kr0.34 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: kr115.5m (up 99% from 3Q 2020). Net loss: kr24.6m (loss widened kr21.1m from 3Q 2020).
공시 • Jun 03Exsitec Holding AB (publ) (OM:EXS) signed an agreement to acquire Vitari As for approximately NOK 125 million.Exsitec Holding AB (publ) (OM:EXS) signed an agreement to acquire Vitari As for approximately NOK 125 million on June 2, 2021. For the year ending December 31, 2020, Vitari As had revenues of NOK 125 million.
Reported Earnings • May 07First quarter 2021 earnings released: EPS kr0.24 (vs kr20.09 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: kr113.8m (up 42% from 1Q 2020). Net income: kr2.85m (up 39% from 1Q 2020). Profit margin: 2.5% (in line with 1Q 2020).
Reported Earnings • Mar 07Full year 2020 earnings released: EPS kr0.23 (vs kr0.68 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr292.4m (up 12% from FY 2019). Net income: kr2.74m (up kr9.71m from FY 2019). Profit margin: 0.9% (up from net loss in FY 2019). The move to profitability was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Mar 07Revenue misses expectationsRevenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 45%, compared to a 12% growth forecast for the IT industry in Germany.
Analyst Estimate Surprise Post Earnings • Feb 16Revenue misses expectationsRevenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 45%, compared to a 12% growth forecast for the IT industry in Germany.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS kr0.31 (vs kr0.68 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr292.4m (up 12% from FY 2019). Net income: kr2.74m (up kr9.70m from FY 2019). Profit margin: 0.9% (up from net loss in FY 2019). The move to profitability was driven by higher revenue.
Is New 90 Day High Low • Jan 28New 90-day high: €10.10The company is up 84% from its price of €5.50 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 5.0% over the same period.
공시 • Jan 09Exsitec Holding AB (publ) (OM:EXS) acquired Millnet BI AB for approximately SEK 120 million.Exsitec Holding AB (publ) (OM:EXS) acquired Millnet BI AB for approximately SEK 120 million on January 7, 2021. Exsitec Holding AB (publ) (OM:EXS) completed the acquisition Millnet BI AB on January 7, 2021.
Is New 90 Day High Low • Jan 05New 90-day high: €7.35The company is up 32% from its price of €5.55 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 17% over the same period.