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Bittium OyjHLSE:BITTI Stock Report

Market Cap €1.1b
Share Price
€31.70
€33.8
6.2% undervalued intrinsic discount
1Y354.2%
7D-10.6%
Portfolio Value
View

Bittium Oyj

HLSE:BITTI Stock Report

Market Cap: €1.1b

Bittium Oyj (BITTI) Stock Overview

Provides solutions for communications and connectivity, healthcare technology products and services, and biosignal measuring and monitoring in Finland, Germany, the United Kingdom, and the United States. More details

BITTI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends0/6

BITTI Community Fair Values

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See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

Software opportunity

Bittium Oyj Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bittium Oyj
Historical stock prices
Current Share Price€31.70
52 Week High€43.70
52 Week Low€6.39
Beta0.28
1 Month Change-18.82%
3 Month Change-17.77%
1 Year Change354.15%
3 Year Change645.01%
5 Year Change370.33%
Change since IPO732.98%

Recent News & Updates

Recent updates

BITTI: NATO Supply Role And Special Dividend Will Not Sustain Elevated P/E

Analysts have kept their price target on Bittium Oyj broadly steady, with only a marginal adjustment implied by their updated inputs as they refine assumptions around the discount rate, revenue growth and future P/E outlook. What's in the News Bittium and Telia have implemented a hybrid network for the Finnish Defence Forces that links Bittium’s tactical communications with Telia’s 5G network.

BITTI: Defence Contracts And NATO Deal Will Support But Not Justify Elevated P/E

Analysts have lifted their price target for Bittium Oyj by €2.07 to €33.80. This reflects updated views on fair value, discount rate assumptions, revenue growth, profit margin expectations and future P/E levels.

BITTI: Defence Agreements And 2026 Guidance Will Support But Not Fully Justify High P/E

Analysts have maintained their price target for Bittium Oyj at approximately €31.73. They cite stable assumptions for fair value, revenue growth, profit margins and future P/E, with only minor adjustments to the discount rate and long-term expectations.

BITTI: Defence Contracts And Guidance Will Support But Not Fully Justify High P/E

Analysts have kept their €31.73 price target for Bittium Oyj unchanged. They cite largely stable assumptions on fair value, discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view.

BITTI: Defence Contracts And Guidance Will Support But Not Fully Justify High P/E

Analysts have raised their price target for Bittium Oyj to €31.73 from €29.57, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Bittium announced an annual dividend of €0.15 per share, with an ex date on April 23, 2026, a record date on April 24, 2026, and payment on May 4, 2026 (Key Developments).

Returns On Capital At Bittium Oyj (HEL:BITTI) Have Stalled

Feb 13
Returns On Capital At Bittium Oyj (HEL:BITTI) Have Stalled

BITTI: NATO And Defence Contracts Will Still Not Justify High P/E

Analysts have kept their fair value estimate for Bittium Oyj steady at €29.57, with only small technical adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions shaping this narrative update. What's in the News Bittium entered a Basic Ordering Agreement with the NATO Communications and Information Agency, making the company a preferred supplier of secure mobile devices, software and accessories for NATO members and enabling faster procurement of its Commercial Off The Shelf solutions (Client Announcements).

BITTI: Raised 2025 Guidance And Defense Orders Will Still Not Justify P/E

Analysts have raised their price target for Bittium Oyj to €29.57 from €22.40, citing updates to their models that reflect revised assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Bittium raised its 2025 earnings guidance, now estimating net sales of €116 million to €120 million and operating profit of €19 million to €21 million, compared with previous guidance of net sales of €95 million to €105 million and operating profit of €10 million to €13 million (Key Developments).

BITTI: Raised Earnings Outlook And Defense Orders Will Still Not Justify Rich P/E

Analysts have lifted their price target on Bittium Oyj to €22.40 from €20.73, citing updated assumptions around revenue growth, profit margins and the future P/E multiple as key drivers of the change. What's in the News Bittium Corporation raised its 2025 earnings guidance, now estimating net sales of €116m to €120m and operating profit of €19m to €21m, compared with earlier guidance of net sales of €95m to €105m and operating profit of €10m to €13m (Corporate Guidance).

Bittium Oyj (HEL:BITTI) Stocks Shoot Up 38% But Its P/S Still Looks Reasonable

Dec 29
Bittium Oyj (HEL:BITTI) Stocks Shoot Up 38% But Its P/S Still Looks Reasonable

BITTI: Defense Contract Momentum Will Likely Fail To Justify Rich Earnings Multiple

Analysts have nudged their price target on Bittium Oyj higher by approximately €1.00 per share, citing a modestly lower discount rate, slightly stronger long term profit margins, and a marginally richer future earnings multiple that together more than offset a small trim to projected revenue growth. What's in the News Bittium Wireless secured approximately EUR 15.9 million in purchase orders from the Finnish Defence Forces for Tough SDR Handheld and Vehicular radios, related accessories, and software and services, with deliveries and development scheduled for 2025 to 2026 (Key Developments).

BITTI: Embedded AI Expansion And Stable Outlook Are Expected To Support Momentum

Analysts have modestly lifted their price target on Bittium Oyj to €19.73 from €19.73, citing a slightly higher discount rate and stable expectations for revenue growth, profit margins, and future valuation multiples. What's in the News Bittium reaffirmed its 2025 earnings guidance, targeting net sales of EUR 95 million to EUR 105 million versus EUR 85.2 million in 2024, and an operating result of EUR 10 million to EUR 13 million compared to EUR 8.6 million in 2024 (company guidance).

BITTI: Future Security Offerings And Revenue Outlook Are Expected To Support Momentum

Analysts have raised their price target for Bittium Oyj from €17.85 to €19.73. This increase reflects their more optimistic outlook on future revenue growth and valuation multiples, despite a slight decrease in profit margin projections.

Bittium Oyj's (HEL:BITTI) 53% Jump Shows Its Popularity With Investors

Nov 14
Bittium Oyj's (HEL:BITTI) 53% Jump Shows Its Popularity With Investors

BITTI: Future Offerings And Security Initiatives Are Expected To Sustain Momentum

Analysts have raised their fair value price target for Bittium Oyj from €14.50 to €17.85, citing updated modeling assumptions and increased confidence in the company's growth outlook. What's in the News Bittium Oyj reaffirmed its earnings guidance for 2025, projecting net sales of EUR 95 million to EUR 105 million and an operating result of EUR 10 million to EUR 13 million.

Next Generation Security Devices Will Drive Demand For Secured Connectivity

Analysts have raised their price target for Bittium Oyj from €10.50 to €14.50, citing improved revenue growth expectations, even though profit margin projections have softened slightly and the discount rate is marginally lower. What's in the News Bittium Oyj reaffirmed its 2025 earnings guidance, projecting net sales of EUR 95 million to EUR 105 million and an operating result of EUR 10 million to EUR 13 million (Key Developments).

Estimating The Fair Value Of Bittium Oyj (HEL:BITTI)

Oct 15
Estimating The Fair Value Of Bittium Oyj (HEL:BITTI)

Bittium Oyj's (HEL:BITTI) P/S Is Still On The Mark Following 26% Share Price Bounce

Sep 30
Bittium Oyj's (HEL:BITTI) P/S Is Still On The Mark Following 26% Share Price Bounce

We Think Bittium Oyj's (HEL:BITTI) Profit Is Only A Baseline For What They Can Achieve

Aug 16
We Think Bittium Oyj's (HEL:BITTI) Profit Is Only A Baseline For What They Can Achieve

Optimistic Investors Push Bittium Oyj (HEL:BITTI) Shares Up 32% But Growth Is Lacking

Jul 20
Optimistic Investors Push Bittium Oyj (HEL:BITTI) Shares Up 32% But Growth Is Lacking

Investors Will Want Bittium Oyj's (HEL:BITTI) Growth In ROCE To Persist

Apr 17
Investors Will Want Bittium Oyj's (HEL:BITTI) Growth In ROCE To Persist

There's Reason For Concern Over Bittium Oyj's (HEL:BITTI) Massive 32% Price Jump

Mar 18
There's Reason For Concern Over Bittium Oyj's (HEL:BITTI) Massive 32% Price Jump
User avatar

Increased Defense Demand And Regulatory Streamlining Will Boost Future Prospects

Strong growth in Defense & Security due to geopolitical factors and strategic partnerships promises improved sales and operating profits.

Bittium Oyj Just Missed Earnings - But Analysts Have Updated Their Models

Aug 14
Bittium Oyj Just Missed Earnings - But Analysts Have Updated Their Models

Capital Allocation Trends At Bittium Oyj (HEL:BITTI) Aren't Ideal

Aug 11
Capital Allocation Trends At Bittium Oyj (HEL:BITTI) Aren't Ideal

Bittium Oyj's (HEL:BITTI) 26% Price Boost Is Out Of Tune With Revenues

Jun 26
Bittium Oyj's (HEL:BITTI) 26% Price Boost Is Out Of Tune With Revenues

Would Bittium Oyj (HEL:BITTI) Be Better Off With Less Debt?

May 22
Would Bittium Oyj (HEL:BITTI) Be Better Off With Less Debt?

Bittium Oyj's (HEL:BITTI) Shares Climb 30% But Its Business Is Yet to Catch Up

Apr 06
Bittium Oyj's (HEL:BITTI) Shares Climb 30% But Its Business Is Yet to Catch Up

Shareholder Returns

BITTIFI SoftwareFI Market
7D-10.6%-4.5%2.0%
1Y354.2%-7.5%33.4%

Return vs Industry: BITTI exceeded the Finnish Software industry which returned -7.5% over the past year.

Return vs Market: BITTI exceeded the Finnish Market which returned 33.4% over the past year.

Price Volatility

Is BITTI's price volatile compared to industry and market?
BITTI volatility
BITTI Average Weekly Movement10.2%
Software Industry Average Movement5.4%
Market Average Movement5.1%
10% most volatile stocks in FI Market8.2%
10% least volatile stocks in FI Market3.2%

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

Volatility Over Time: BITTI's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Finnish stocks.

About the Company

FoundedEmployeesCEOWebsite
1985538Petri Toljamowww.bittium.com

Bittium Oyj provides solutions for communications and connectivity, healthcare technology products and services, and biosignal measuring and monitoring in Finland, Germany, the United Kingdom, and the United States. It offers medical technologies products and solutions, including holter, long-term cardiac, and cardiac event monitoring; mobile cardiac telemetry; tools for biosignal analysis; medical service platform solutions; home sleep apnea testing; EEG monitoring for ICU and ER; and neuroscientific research, as well as Bittium Faros, HolterPlus, MedicalSuite, cardiac navigator, ECG electrodes, Respiro, BrainStatus, and NeurOne. The company also provides engineering services, such as industrial IoT, radio unit, medical and healthcare, mobiles devices, and mobile satellite communications; and system and architecture design, electronics, mechanics, RF and antenna design, software development, product testing and verification, DevOps, and certified management systems, as well as cellular IoT solution.

Bittium Oyj Fundamentals Summary

How do Bittium Oyj's earnings and revenue compare to its market cap?
BITTI fundamental statistics
Market cap€1.13b
Earnings (TTM)€21.34m
Revenue (TTM)€119.75m
52.8x
P/E Ratio
9.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BITTI income statement (TTM)
Revenue€119.75m
Cost of Revenue€72.77m
Gross Profit€46.98m
Other Expenses€25.64m
Earnings€21.34m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 07, 2026

Earnings per share (EPS)0.60
Gross Margin39.24%
Net Profit Margin17.82%
Debt/Equity Ratio13.6%

How did BITTI perform over the long term?

See historical performance and comparison

Dividends

0.5%
Current Dividend Yield
25%
Payout Ratio

Does BITTI pay a reliable dividends?

See BITTI dividend history and benchmarks
When do you need to buy BITTI by to receive an upcoming dividend?
Bittium Oyj dividend dates
Ex Dividend DateApr 23 2026
Dividend Pay DateMay 04 2026
Days until Ex dividend11 days
Days until Dividend pay date0 days

Does BITTI pay a reliable dividends?

See BITTI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 06:55
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Bittium Oyj is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel LepistoDanske Bank
Juha KinnunenInderes Oy
Martti LarjoNordea Markets