We’ve recently updated our valuation analysis.

Bittium Oyj Valuation

Is BITTI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BITTI?

Other financial metrics that can be useful for relative valuation.

BITTI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.5x
Enterprise Value/EBITDA15.3x
PEG Ratio1x

Price to Earnings Ratio vs Peers

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

BITTI PE Ratio vs Peers
The above table shows the PE ratio for BITTI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average42.4x
LEMON Lemonsoft Oyj
99.5x29.4%€196.1m
WITH WithSecure Oyj
8.8x38.6%€271.8m
ADMCM Admicom Oyj
27.7x13.6%€238.1m
FSECURE F-Secure Oyj
33.7x15.8%€427.5m
BITTI Bittium Oyj
36.8x36.5%€136.9m

Price-To-Earnings vs Peers: BITTI is good value based on its Price-To-Earnings Ratio (36.8x) compared to the peer average (42.4x).


Price to Earnings Ratio vs Industry

How does BITTI's PE Ratio compare vs other companies in the European Software Industry?

Price-To-Earnings vs Industry: BITTI is expensive based on its Price-To-Earnings Ratio (36.8x) compared to the European Software industry average (28.5x)


Price to Earnings Ratio vs Fair Ratio

What is BITTI'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.

BITTI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.8x
Fair PE Ratio36x

Price-To-Earnings vs Fair Ratio: BITTI is expensive based on its Price-To-Earnings Ratio (36.8x) compared to the estimated Fair Price-To-Earnings Ratio (36x).


Share Price vs Fair Value

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

Below Fair Value: BITTI (€3.84) is trading below our estimate of fair value (€21.58)

Significantly Below Fair Value: BITTI is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies