Bittium Oyj Future Growth

Future criteria checks 4/6

Bittium Oyj is forecast to grow earnings and revenue by 39.5% and 12.9% per annum respectively. EPS is expected to grow by 39.8% per annum. Return on equity is forecast to be 13.5% in 3 years.

Key information

39.5%

Earnings growth rate

39.8%

EPS growth rate

Software earnings growth	30.7%
Revenue growth rate	12.9%
Future return on equity	13.5%
Analyst coverage	Low
Last updated	28 May 2024

Recent future growth updates

Bittium Oyj (HEL:BITTI) Just Reported And Analysts Have Been Lifting Their Price Targets

Feb 14

Recent updates

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

May 22

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

Apr 06

Bittium Oyj (HEL:BITTI) Just Reported And Analysts Have Been Lifting Their Price Targets

Feb 14

This Is Why We Think Bittium Oyj's (HEL:BITTI) CEO Might Get A Pay Rise Approved By Shareholders

Apr 07

Here's Why Bittium Oyj (HEL:BITTI) Has A Meaningful Debt Burden

Mar 22

Do Its Financials Have Any Role To Play In Driving Bittium Oyj's (HEL:BITTI) Stock Up Recently?

Feb 18

What Do The Returns At Bittium Oyj (HEL:BITTI) Mean Going Forward?

Feb 04

If You Like EPS Growth Then Check Out Bittium Oyj (HEL:BITTI) Before It's Too Late

Jan 22

A Look At The Fair Value Of Bittium Oyj (HEL:BITTI)

Jan 09

Bittium Oyj's (HEL:BITTI) Stock Price Has Reduced 16% In The Past Five Years

Dec 23

Should You Use Bittium Oyj's (HEL:BITTI) Statutory Earnings To Analyse It?

Dec 08

Is Bittium Oyj (HEL:BITTI) Using Too Much Debt?

Nov 23

Earnings and Revenue Growth Forecasts

HLSE:BITTI - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	114	16	26	33	1
12/31/2025	103	17	19	27	1
12/31/2024	87	11	11	21	1
12/31/2023	76	-5	-7	1	N/A
9/30/2023	76	-4	-9	-1	N/A
6/30/2023	77	-3	-12	-3	N/A
3/31/2023	80	-1	-6	3	N/A
12/31/2022	83	0	0	8	N/A
9/30/2022	93	4	-3	11	N/A
6/30/2022	89	4	6	13	N/A
3/31/2022	88	4	3	11	N/A
12/31/2021	87	3	0	8	N/A
9/30/2021	79	0	-7	9	N/A
6/30/2021	76	-1	-5	8	N/A
3/31/2021	77	0	-7	7	N/A
12/31/2020	79	2	-9	7	N/A
9/30/2020	84	7	-7	12	N/A
6/30/2020	85	9	-6	11	N/A
3/31/2020	80	8	-7	10	N/A
12/31/2019	75	8	-9	10	N/A
9/30/2019	66	5	0	5	N/A
6/30/2019	68	6	-10	9	N/A
3/31/2019	66	5	-15	4	N/A
12/31/2018	63	4	-20	-1	N/A
9/30/2018	58	0	-26	-6	N/A
6/30/2018	54	-3	-31	-11	N/A
3/31/2018	53	-4	-25	-5	N/A
12/31/2017	52	-5	-18	0	N/A
9/30/2017	59	-2	N/A	-3	N/A
6/30/2017	60	0	N/A	-1	N/A
3/31/2017	63	2	N/A	-6	N/A
12/31/2016	65	4	N/A	-2	N/A
9/30/2016	61	3	N/A	1	N/A
6/30/2016	58	2	N/A	3	N/A
3/31/2016	57	2	N/A	-4	N/A
12/31/2015	57	2	N/A	2	N/A
9/30/2015	58	3	N/A	7	N/A
6/30/2015	57	5	N/A	25	N/A
3/31/2015	54	2	N/A	27	N/A
12/31/2014	53	1	N/A	11	N/A
9/30/2014	96	4	N/A	31	N/A
6/30/2014	132	4	N/A	14	N/A
3/31/2014	167	5	N/A	28	N/A
1/1/2014	199	7	N/A	35	N/A
9/30/2013	188	1	N/A	16	N/A
6/30/2013	184	2	N/A	15	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BITTI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: BITTI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BITTI is expected to become profitable in the next 3 years.

Revenue vs Market: BITTI's revenue (12.9% per year) is forecast to grow faster than the Finnish market (3.4% per year).

High Growth Revenue: BITTI's revenue (12.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BITTI's Return on Equity is forecast to be low in 3 years time (13.5%).

Bittium Oyj Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Bittium Oyj (HEL:BITTI) Just Reported And Analysts Have Been Lifting Their Price Targets

Price target increased by 19% to €5.00

Bittium Corporation Provides Earnings Guidance for the Year 2023 and 2024

Bittium Corporation Lowers Earnings Guidance for the Year 2023

Price target decreased to €5.50

Bittium Oyj Announces Earnings Guidance for the Year 2022

Recent updates

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

Bittium Oyj Approves Extraordinary Dividend

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

New minor risk - Share price stability

Upcoming dividend of €0.03 per share

Full year 2023 earnings: EPS and revenues miss analyst expectations

Bittium Corporation Appoints Petri Hiljanen as Member of Management Group as of April 1, 2024

Bittium Oyj (HEL:BITTI) Just Reported And Analysts Have Been Lifting Their Price Targets

Dividend reduced to €0.03

Full year 2023 earnings: EPS and revenues miss analyst expectations

Bittium Corporation Proposes Dividend for the Financial Year Ended December 31, 2023, Payable on April 19, 2024

Bittium Corporation Appoints Antti Näykki as Vice President, Group Business Development from Senior Vice President, Medical Business Segment, Effective February 1, 2024

Bittium Oyj to Report Nine Months, 2024 Results on Oct 18, 2024

Price target increased by 19% to €5.00

Bittium Corporation Provides Earnings Guidance for the Year 2023 and 2024

Bittium Corporation Lowers Earnings Guidance for the Year 2023

Bittium Corporation Continues to Develop Its Operations Towards Independent Business Units and Starts Change Negotiations

Bittium Announces Management Changes

First half 2023 earnings: EPS and revenues miss analyst expectations

Bittium Corporation Appoints Raimo Jyväsjärvi as an Advisor to the Board of Directors

Bittium Oyj (HLSE:BITTI) commences an Equity Buyback Plan for 3,500,000 shares, representing 9.8% of its issued share capital, under the authorization approved on April 12, 2023.

Bittium Corporation Announces Executive Changes

Upcoming dividend of €0.05 per share at 1.2% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings: EPS and revenues miss analyst expectations

Bittium Oyj Proposes Dividend for the Financial Period of January 1, 2022 - December 31, 2022, Payable on April 21, 2023

Bittium Oyj to Report Q1, 2023 Results on Apr 27, 2023

Bittium Oyj Announces Executive Changes

Price target decreased to €5.50

Bittium Oyj Announces Earnings Guidance for the Year 2022

Bittium Corporation Announces Resignation of Hannu Huttunen as CEO

We Like These Underlying Return On Capital Trends At Bittium Oyj (HEL:BITTI)

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Bittium Oyj Provides Sales Guidance for the Full Year 2022

Bittium Corporation Provides Earnings Guidance for the Period from January to June 2022

Price target decreased to €5.50

Bittium Oyj Approves Dividend for the Financial Year January 1, 2021 - December 31, 2021, Payable on April 19, 2022

Upcoming dividend of €0.04 per share

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Bittium Oyj Just Beat EPS By 55%: Here's What Analysts Think Will Happen Next

Price target decreased to €5.50

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Bittium Corporation Proposes Dividend for the Financial Period January 1, 2021 - December 31, 2021, Payable on April 19, 2022

Third quarter 2021 earnings released: EPS €0.002 (vs €0.029 loss in 3Q 2020)

Is Bittium Oyj (HEL:BITTI) Using Too Much Debt?

Second quarter 2021 earnings released: EPS €0.014 (vs €0.035 in 2Q 2020)

Bittium Oyj Provides Earnings Guidance for the Year 2021

Returns On Capital At Bittium Oyj (HEL:BITTI) Have Hit The Brakes

Senior Vice President of Sales Sammy Loitto has left the company

Calculating The Intrinsic Value Of Bittium Oyj (HEL:BITTI)

Independent Director has left the company

Independent Director has left the company

This Is Why We Think Bittium Oyj's (HEL:BITTI) CEO Might Get A Pay Rise Approved By Shareholders

Here's Why Bittium Oyj (HEL:BITTI) Has A Meaningful Debt Burden

Full year 2020 earnings released: EPS €0.061 (vs €0.21 in FY 2019)

Bittium Corporation Announces the Finnish Defence Forces Order Bittium Tac Win™ Products and Bittium Tough Comnode™ Devices

Do Its Financials Have Any Role To Play In Driving Bittium Oyj's (HEL:BITTI) Stock Up Recently?

Bittium Corporation Announces Resignation of Directors

Full year 2020 earnings released: EPS €0.062 (vs €0.21 in FY 2019)

Revenue and earnings miss expectations

New 90-day high: €7.10

What Do The Returns At Bittium Oyj (HEL:BITTI) Mean Going Forward?

If You Like EPS Growth Then Check Out Bittium Oyj (HEL:BITTI) Before It's Too Late

Investor sentiment improved over the past week

A Look At The Fair Value Of Bittium Oyj (HEL:BITTI)

Bittium Oyj's (HEL:BITTI) Stock Price Has Reduced 16% In The Past Five Years

Bittium Oyj, Annual General Meeting, Apr 14, 2021

Should You Use Bittium Oyj's (HEL:BITTI) Statutory Earnings To Analyse It?

Analysts lower EPS estimates to €0.16