How does NNIT's PE Ratio compare to its peers?

NNIT is good value based on its Price-To-Earnings Ratio (29.2x) compared to the peer average (70.9x).

How does NNIT's PE Ratio compare vs other companies in the European Healthcare Services Industry?

NNIT is good value based on its Price-To-Earnings Ratio (29.2x) compared to the Global Healthcare Services industry average (32.3x).

What is NNIT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NNIT is good value based on its Price-To-Earnings Ratio (29.2x) compared to the estimated Fair Price-To-Earnings Ratio (44.9x).

What is the Fair Price of NNIT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

NNIT (DKK85.8) is trading below our estimate of [[fair value]] (DKK287.05)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

NNIT Stock Overview

Provides information technology services to life sciences, public, and private sectors in Denmark, Europe, the United States, and Asia. More details

NNIT fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 70.1% below our estimate of its fair value

Earnings are forecast to grow 47.83% per year

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months compared to the Danish market

My Notes

Capture your thoughts, links and company narrative

NNIT A/S Competitors

Vanfund Urban Investment and Development

SZSE:000638

CN¥1.7b

Sinohealth Holdings

SEHK:2361

HK$1.9b

Heren HealthLtd

SZSE:300550

CN¥3.9b

GPI

BIT:GPI

€299.1m

Price History & Performance

Summary of share price highs, lows and changes for NNIT
Historical stock prices
Current Share Price	DKK 85.80
52 Week High	DKK 135.00
52 Week Low	DKK 82.80
Beta	1.07
1 Month Change	-9.59%
3 Month Change	-25.26%
1 Year Change	-0.58%
3 Year Change	-19.66%
5 Year Change	-23.67%
Change since IPO	-45.52%

Recent updates

NNIT A/S (CPH:NNIT) Might Not Be As Mispriced As It Looks After Plunging 27%

Nov 14

A Piece Of The Puzzle Missing From NNIT A/S' (CPH:NNIT) 26% Share Price Climb

Sep 27

At kr.134, Is It Time To Put NNIT A/S (CPH:NNIT) On Your Watch List?

Sep 24

NNIT's (CPH:NNIT) Earnings Are Of Questionable Quality

Sep 02

A Piece Of The Puzzle Missing From NNIT A/S' (CPH:NNIT) 27% Share Price Climb

Feb 20

Here's What's Concerning About NNIT's (CPH:NNIT) Returns On Capital

May 10

NNIT (CPH:NNIT) May Have Issues Allocating Its Capital

Jan 29

Here's What's Concerning About NNIT's (CPH:NNIT) Returns On Capital

Jun 01

Estimating The Fair Value Of NNIT A/S (CPH:NNIT)

May 19

When Should You Buy NNIT A/S (CPH:NNIT)?

May 06

Should You Buy NNIT A/S (CPH:NNIT) For Its 1.9% Dividend?

Mar 30

Is NNIT (CPH:NNIT) Using Too Much Debt?

Mar 18

Do These 3 Checks Before Buying NNIT A/S (CPH:NNIT) For Its Upcoming Dividend

Mar 07

Is NNIT (CPH:NNIT) Likely To Turn Things Around?

Feb 24

NNIT A/S' (CPH:NNIT) Dismal Stock Performance Reflects Weak Fundamentals

Feb 12

NNIT A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 01

Estimating The Intrinsic Value Of NNIT A/S (CPH:NNIT)

Jan 19

How Many NNIT A/S (CPH:NNIT) Shares Do Institutions Own?

Jan 05

Should NNIT A/S (CPH:NNIT) Be Part Of Your Dividend Portfolio?

Dec 22

How Does NNIT's (CPH:NNIT) CEO Pay Compare With Company Performance?

Dec 03

Is Now An Opportune Moment To Examine NNIT A/S (CPH:NNIT)?

Nov 23

Shareholder Returns

	NNIT	DK Healthcare Services	DK Market
7D	-4.1%	-2.1%	-2.0%
1Y	-0.6%	12.7%	9.0%

Return vs Industry: NNIT underperformed the Danish Healthcare Services industry which returned 14.2% over the past year.

Return vs Market: NNIT underperformed the Danish Market which returned 10.8% over the past year.

Price Volatility

Is NNIT's price volatile compared to industry and market?
NNIT volatility
NNIT Average Weekly Movement	6.6%
Healthcare Services Industry Average Movement	5.7%
Market Average Movement	4.3%
10% most volatile stocks in DK Market	10.9%
10% least volatile stocks in DK Market	2.6%

Stable Share Price: NNIT's share price has been volatile over the past 3 months compared to the Danish market.

Volatility Over Time: NNIT's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Danish stocks.

About the Company

Founded	Employees	CEO	Website
1994	1,700	Par Fors	www.nnit.com

NNIT A/S provides information technology services to life sciences, public, and private sectors in Denmark, Europe, the United States, and Asia. The company provides data and AI solutions; cybersecurity solutions, including zero trust and cloud security, cybersecurity consulting, and compliance and privacy solutions; and SAP solutions. It also offers NNIT Veeva powerhouse; D365 and power; drug safety; clinical; regulatory affairs; manufacturing and supply chain; quality; migration powerhouse; compliance; and laboratory solutions, as well as offers custom application development and ESG advisory solutions.

NNIT A/S Fundamentals Summary

How do NNIT's earnings and revenue compare to its market cap?
NNIT fundamental statistics
Market cap	DKK 2.13b
Earnings (TTM)	DKK 73.00m
Revenue (TTM)	DKK 1.83b

29.2x

P/E Ratio

1.2x

P/S Ratio

Is NNIT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NNIT income statement (TTM)
Revenue	DKK 1.83b
Cost of Revenue	DKK 1.37b
Gross Profit	DKK 456.00m
Other Expenses	DKK 383.00m
Earnings	DKK 73.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.94
Gross Margin	24.95%
Net Profit Margin	3.99%
Debt/Equity Ratio	53.8%

How did NNIT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/17 04:19
End of Day Share Price	2024/12/17 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NNIT A/S is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Niels Granholm-Leth	Carnegie Investment Bank AB
Poul Jessen	Danske Bank
Adam Wood	Morgan Stanley

NNIT Stock Overview

Rewards

Risk Analysis

NNIT A/S Competitors

SZSE:000638

CN¥1.7b

SEHK:2361

HK$1.9b

SZSE:300550

CN¥3.9b

BIT:GPI

€299.1m

Price History & Performance

Recent News & Updates

Price target decreased by 11% to kr.123

NNIT A/S (CPH:NNIT) Might Not Be As Mispriced As It Looks After Plunging 27%

NNIT A/S Revises Earnings Guidance for the Year 2024

A Piece Of The Puzzle Missing From NNIT A/S' (CPH:NNIT) 26% Share Price Climb

At kr.134, Is It Time To Put NNIT A/S (CPH:NNIT) On Your Watch List?

NNIT's (CPH:NNIT) Earnings Are Of Questionable Quality

Recent updates

Price target decreased by 11% to kr.123

NNIT A/S (CPH:NNIT) Might Not Be As Mispriced As It Looks After Plunging 27%

NNIT A/S Revises Earnings Guidance for the Year 2024

A Piece Of The Puzzle Missing From NNIT A/S' (CPH:NNIT) 26% Share Price Climb

At kr.134, Is It Time To Put NNIT A/S (CPH:NNIT) On Your Watch List?

NNIT's (CPH:NNIT) Earnings Are Of Questionable Quality

First half 2024 earnings released: EPS: kr.0.99 (vs kr.1.33 loss in 1H 2023)

NNIT A/S Confirms Earnings Guidance for the Year 2024

Consensus EPS estimates fall by 13%

NNIT A/S Appoints Christian Kanstrup as Member of Board of Directors and Announces Composition of Board of Directors and Board Committees

Price target increased by 17% to kr.105

A Piece Of The Puzzle Missing From NNIT A/S' (CPH:NNIT) 27% Share Price Climb

NNIT A/S Announces Change in Board of Directors

NNIT A/S to Report Fiscal Year 2023 Results on Feb 19, 2024

NNIT A/S Provides Earnings Guidance for the Year of 2023

First half 2023 earnings released: kr.1.33 loss per share (vs kr.3.23 loss in 1H 2022)

NNIT A/S Revises Earnings Guidance for the Year 2023

NNIT A/S Provides Earnings Guidance for the Full Year of 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

The Danish Business Authority Issues a Decision Requiring NNIT to Update its Accounting Treatment of Earn-Out Payments in the Annual Reports for 2020 and 2021

NNIT A/S Maintains Temporary Suspension of its 2022 Outlook

NNIT A/S to Report Fiscal Year 2022 Results on Feb 01, 2023

NNIT A/S Announces CFO Changes, Effective December 1, 2022

NNIT A/S Maintains Temporary Suspension of its 2022 Outlook

Fund of Agilitas Private Equity Services Limited entered into an agreement to acquire IT infrastructure outsourcing business of NNIT from NNIT A/S (CPSE:NNIT) for DKK 1.5 Billion.

Nnit A/S Suspends Guidance for the Year 2022

NNIT A/S Announces Changes in Board of Directors

Here's What's Concerning About NNIT's (CPH:NNIT) Returns On Capital

Price target decreased to kr.93.50

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to kr.122

Less than half of directors are independent

Full year 2021 earnings: Revenues miss analyst expectations

Price target decreased to kr.127

NNIT A/S Provides Revenue Guidance for the Full Year of 2022

Consensus EPS estimates fall by 73%

NNIT (CPH:NNIT) May Have Issues Allocating Its Capital

Now 25% undervalued after recent price drop

Consensus forecasts updated

Third quarter 2021 earnings released: EPS kr.0.03 (vs kr.0.35 in 3Q 2020)

Price target increased to kr.140

Second quarter 2021 earnings released: kr.1.22 loss per share (vs kr.0.57 profit in 2Q 2020)

Consensus forecasts updated

Consensus forecasts updated

Price target increased to kr.130

NNIT A/S (CPSE:NNIT) acquired SL Controls Ltd. for €16.9 million.

NNIT A/S Updates Revenue Guidance for the Full Year of 2021

Price target increased to kr.128

Here's What's Concerning About NNIT's (CPH:NNIT) Returns On Capital

Estimating The Fair Value Of NNIT A/S (CPH:NNIT)

First quarter 2021 earnings released: EPS kr.1.25 (vs kr.1.43 in 1Q 2020)

NNIT A/S Provides Revenue Guidance for the Full Year of 2021

When Should You Buy NNIT A/S (CPH:NNIT)?

Should You Buy NNIT A/S (CPH:NNIT) For Its 1.9% Dividend?

Is NNIT (CPH:NNIT) Using Too Much Debt?

NNIT A/S Approves Dividend for the Year 2020

Do These 3 Checks Before Buying NNIT A/S (CPH:NNIT) For Its Upcoming Dividend

New 90-day low: kr.105