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Digia Oyj

HLSE:DIGIA
Snowflake Description

Very undervalued with excellent balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DIGIA
HLSE
€72M
Market Cap
  1. Home
  2. FI
  3. Software
Company description

Digia Oyj provides software and services for organizations to develop services, manage operations, and utilize information in Finland and Sweden. The last earnings update was 10 days ago. More info.


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DIGIA Share Price and Events
7 Day Returns
-0.4%
HLSE:DIGIA
0.2%
FI IT
1.2%
FI Market
1 Year Returns
20%
HLSE:DIGIA
-12.9%
FI IT
-1%
FI Market
DIGIA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Digia Oyj (DIGIA) -0.4% -8.5% -7.2% 20% -51.6% -40%
FI IT 0.2% 1.9% -1.5% -12.9% 4.3% 80.5%
FI Market 1.2% 2.8% 5.7% -1% 26.9% 30.3%
1 Year Return vs Industry and Market
  • DIGIA outperformed the IT industry which returned -12.9% over the past year.
  • DIGIA outperformed the Market in Finland which returned -1% over the past year.
Price Volatility
DIGIA
Industry
5yr Volatility vs Market

DIGIA Value

 Is Digia Oyj undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Digia Oyj to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Digia Oyj.

HLSE:DIGIA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year FI Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for HLSE:DIGIA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FI Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
IT Unlevered Beta Simply Wall St/ S&P Global 0.46
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.465 (1 + (1- 20%) (20.08%))
0.539
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (0.8 * 9.46%)
8.11%

Discounted Cash Flow Calculation for HLSE:DIGIA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Digia Oyj is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

HLSE:DIGIA DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (EUR, Millions) 10.20 7.85 9.50 10.10 9.70
Source Analyst x1 Analyst x2 Analyst x1 Analyst x1 Analyst x1
Present Value
Discounted (@ 8.11%)
9.44 6.72 7.52 7.39 6.57
Present value of next 5 years cash flows €37.63
HLSE:DIGIA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= €9.70 × (1 + 0.54%) ÷ (8.11% – 0.54%)
€128.86
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= €128.86 ÷ (1 + 8.11%)5
€87.27
HLSE:DIGIA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= €37.63 + €87.27
€124.90
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €124.90 / 26.63
€4.69
HLSE:DIGIA Discount to Share Price
Calculation Result
Value per share (EUR) From above. €4.69
Current discount Discount to share price of €2.70
= -1 x (€2.70 - €4.69) / €4.69
42.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Digia Oyj is available for.
Intrinsic value
42%
Share price is €2.7 vs Future cash flow value of €4.69
Current Discount Checks
For Digia Oyj to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Digia Oyj's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Digia Oyj's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Digia Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Digia Oyj's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
HLSE:DIGIA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.18
HLSE:DIGIA Share Price ** HLSE (2019-02-18) in EUR €2.7
Europe IT Industry PE Ratio Median Figure of 149 Publicly-Listed IT Companies 19.75x
Finland Market PE Ratio Median Figure of 108 Publicly-Listed Companies 17.37x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Digia Oyj.

HLSE:DIGIA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= HLSE:DIGIA Share Price ÷ EPS (both in EUR)

= 2.7 ÷ 0.18

15x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Digia Oyj is good value based on earnings compared to the Europe IT industry average.
  • Digia Oyj is good value based on earnings compared to the Finland market.
Price based on expected Growth
Does Digia Oyj's expected growth come at a high price?
Raw Data
HLSE:DIGIA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
17.5%per year
Europe IT Industry PEG Ratio Median Figure of 82 Publicly-Listed IT Companies 1.37x
Finland Market PEG Ratio Median Figure of 89 Publicly-Listed Companies 1.55x

*Line of best fit is calculated by linear regression .

HLSE:DIGIA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15x ÷ 17.5%

0.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Digia Oyj is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Digia Oyj's assets?
Raw Data
HLSE:DIGIA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €1.79
HLSE:DIGIA Share Price * HLSE (2019-02-18) in EUR €2.7
Finland IT Industry PB Ratio Median Figure of 6 Publicly-Listed IT Companies 3.75x
Finland Market PB Ratio Median Figure of 142 Publicly-Listed Companies 1.96x
HLSE:DIGIA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= HLSE:DIGIA Share Price ÷ Book Value per Share (both in EUR)

= 2.7 ÷ 1.79

1.5x

* Primary Listing of Digia Oyj.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Digia Oyj is good value based on assets compared to the FI IT industry average.
X
Value checks
We assess Digia Oyj's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Digia Oyj has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DIGIA Future Performance

 How is Digia Oyj expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Digia Oyj expected to grow at an attractive rate?
  • Digia Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Digia Oyj's earnings growth is expected to exceed the Finland market average.
  • Digia Oyj's revenue growth is expected to exceed the Finland market average.
Annual Growth Rates Comparison
Raw Data
HLSE:DIGIA Future Growth Rates Data Sources
Data Point Source Value (per year)
HLSE:DIGIA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 17.5%
HLSE:DIGIA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 3.5%
Europe IT Industry Earnings Growth Rate Market Cap Weighted Average 17.8%
Europe IT Industry Revenue Growth Rate Market Cap Weighted Average 11%
Finland Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Finland Market Revenue Growth Rate Market Cap Weighted Average 0.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
HLSE:DIGIA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
HLSE:DIGIA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 128 12 1
2022-12-31 135 13 10 2
2021-12-31 130 12 9 2
2020-12-31 125 11 8 2
2019-12-31 118 14 7 2
HLSE:DIGIA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 112 4 5
2018-09-30 109 1 4
2018-06-30 105 -1 3
2018-03-31 101 1 2
2017-12-31 96 3 1
2017-09-30 95 6 2
2017-06-30 89 5 3
2017-03-31 88 3 4
2016-12-31 86 4 4
2016-09-30 113 6 5
2016-06-30 85 5 5
2016-03-31 110 8 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Digia Oyj's earnings are expected to grow by 17.5% yearly, however this is not considered high growth (20% yearly).
  • Digia Oyj's revenue is expected to grow by 3.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
HLSE:DIGIA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Digia Oyj Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:DIGIA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.37 0.37 0.37 1.00
2021-12-31 0.35 0.35 0.35 1.00
2020-12-31 0.31 0.31 0.30 2.00
2019-12-31 0.25 0.25 0.25 2.00
HLSE:DIGIA Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.18
2018-09-30 0.13
2018-06-30 0.09
2018-03-31 0.07
2017-12-31 0.04
2017-09-30 0.09
2017-06-30 0.14
2017-03-31 0.19
2016-12-31 0.20
2016-09-30 0.25
2016-06-30 0.24
2016-03-31 0.28

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Digia Oyj is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Digia Oyj's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Digia Oyj has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DIGIA Past Performance

  How has Digia Oyj performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Digia Oyj's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Digia Oyj has delivered over 20% year on year earnings growth in the past 5 years.
  • Digia Oyj's 1-year earnings growth exceeds its 5-year average (386% vs 32.1%)
  • Digia Oyj's earnings growth has exceeded the Europe IT industry average in the past year (386% vs 14.8%).
Earnings and Revenue History
Digia Oyj's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Digia Oyj Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:DIGIA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 112.12 4.70
2018-09-30 109.17 3.67 1.38
2018-06-30 105.41 2.61 2.76
2018-03-31 100.82 1.79 2.76
2017-12-31 96.22 0.97 2.76
2017-09-30 94.68 1.98 3.15
2017-06-30 89.18 2.77 1.77
2017-03-31 88.31 3.84 1.77
2016-12-31 86.46 4.06 1.77
2016-09-30 112.89 5.30 4.75
2016-06-30 84.89 4.88 3.49
2016-03-31 109.91 5.87 4.75
2015-12-31 80.95 4.25 3.49
2015-09-30 85.01 4.64 4.84
2015-06-30 88.87 3.76 4.84
2015-03-31 92.87 3.23 4.84
2014-12-31 97.43 2.85 4.84
2014-09-30 96.97 -4.23 5.34
2014-06-30 96.67 -4.24 5.34
2014-03-31 100.19 -3.93 5.34
2013-12-31 99.74 -4.07 5.34
2013-09-30 98.41 1.20 4.62
2013-06-30 101.41 3.82 4.62
2013-03-31 97.90 2.75 4.62
2012-12-31 100.45 4.02 4.62
2012-09-30 105.19 5.37 6.50
2012-06-30 106.78 3.44 6.50
2012-03-31 114.65 -23.10 6.50

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Digia Oyj has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Digia Oyj used its assets less efficiently than the Europe IT industry average last year based on Return on Assets.
  • Digia Oyj's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Digia Oyj's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Digia Oyj has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DIGIA Health

 How is Digia Oyj's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Digia Oyj's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Digia Oyj's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Digia Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Digia Oyj's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Digia Oyj Company Filings, last reported 1 month ago.

HLSE:DIGIA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 47.78 14.44 1.73
2018-09-30 47.78 14.44 1.73
2018-06-30 45.63 15.53 1.19
2018-03-31 44.13 16.63 11.86
2017-12-31 44.13 16.63 11.86
2017-09-30 44.13 16.63 11.86
2017-06-30 44.22 16.96 13.63
2017-03-31 32.81 13.69 1.99
2016-12-31 32.81 13.69 1.99
2016-09-30 31.69 14.71 1.03
2016-06-30 30.91 12.23 1.75
2016-03-31 40.20 12.27 6.42
2015-12-31 40.89 13.51 6.71
2015-09-30 39.36 15.15 3.40
2015-06-30 37.83 15.23 4.84
2015-03-31 36.13 16.47 4.53
2014-12-31 36.72 16.25 5.13
2014-09-30 35.22 18.87 2.90
2014-06-30 34.57 17.76 4.20
2014-03-31 33.52 16.87 2.65
2013-12-31 36.06 16.88 6.45
2013-09-30 41.78 18.86 7.00
2013-06-30 41.02 19.38 6.95
2013-03-31 39.90 19.11 6.62
2012-12-31 42.06 19.85 8.28
2012-09-30 42.77 21.69 8.47
2012-06-30 39.29 18.41 8.37
2012-03-31 38.71 20.62 6.15
  • Digia Oyj's level of debt (30.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (46.9% vs 30.2% today).
  • Debt is well covered by operating cash flow (24.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 12.3x coverage).
X
Financial health checks
We assess Digia Oyj's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Digia Oyj has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DIGIA Dividends

 What is Digia Oyj's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.59%
Current annual income from Digia Oyj dividends. Estimated to be 4.54% next year.
If you bought €2,000 of Digia Oyj shares you are expected to receive €52 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Digia Oyj's pays a higher dividend yield than the bottom 25% of dividend payers in Finland (2.55%).
  • Digia Oyj's dividend is below the markets top 25% of dividend payers in Finland (5.14%).
Upcoming dividend payment

Purchase Digia Oyj on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
HLSE:DIGIA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe IT Industry Average Dividend Yield Market Cap Weighted Average of 100 Stocks 1.8%
Finland Market Average Dividend Yield Market Cap Weighted Average of 101 Stocks 4.8%
Finland Minimum Threshold Dividend Yield 10th Percentile 1.8%
Finland Bottom 25% Dividend Yield 25th Percentile 2.5%
Finland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

HLSE:DIGIA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.16 1.00
2020-12-31 0.12 2.00
2019-12-31 0.10 1.00
HLSE:DIGIA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-08 0.070 2.596
2018-03-15 0.040 1.478
2017-02-16 0.080 3.130
2017-02-03 0.080 2.664
2016-03-16 0.080 2.305
2015-02-05 0.050 1.009
2014-10-31 0.000 0.000
2014-08-08 0.000 0.000
2014-04-30 0.000 0.000
2014-02-17 0.000 0.000
2014-02-07 0.000 0.000
2013-03-12 0.100 2.909
2012-10-26 0.000 0.000
2012-08-09 0.000 0.000
2012-04-27 0.000 0.000
2012-02-20 0.000 0.000
2012-02-03 0.000 0.000
2011-02-04 0.270 8.418
2010-02-04 0.140 2.722
2009-02-19 0.050 2.076

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Digia Oyj's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Digia Oyj's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Digia Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Digia Oyj has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DIGIA Management

 What is the CEO of Digia Oyj's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Timo Levoranta
COMPENSATION €0
AGE 53
TENURE AS CEO 2.8 years
CEO Bio

Mr. Timo Levoranta has been Chief Executive Officer and President at Digia Oyj since May 1, 2016 and served as its Executive Vice President of Domestic Business from 2016 to May 1, 2016. Mr. Levoranta served as Head of Enterprise ICT Service Division of TeliaSonera Finland Oyj. Prior to Digia, he served in many different managerial positions in the ICT industry, served as Chief Executive Officer of TDC Finland Oy from 2011 to 2015. He served as Senior Vice President, Sales & Marketing, at Outokumpu Oyj from 2008 to 2011 and in various positions at TeliaSonera from 2002 to 2008 and Sonera from 1995 to 2002.

CEO Compensation
  • Timo's compensation has been consistent with company performance over the past year.
  • Timo's remuneration is lower than average for companies of similar size in Finland.
Management Team Tenure

Average tenure and age of the Digia Oyj management team in years:

1.6
Average Tenure
50.5
Average Age
  • The average tenure for the Digia Oyj management team is less than 2 years, this suggests a new team.
Management Team

Timo Levoranta

TITLE
President & CEO
AGE
53
TENURE
2.8 yrs

Kristiina Simola

TITLE
Chief Financial Officer
AGE
53
TENURE
1.5 yrs

Juhana Juppo

TITLE
CTO & Senior VP of Horizontal Services
AGE
47
TENURE
2.4 yrs

Mika Kervinen

TITLE
General Counsel
AGE
50
TENURE
2.8 yrs

Ari Rikkilä

TITLE
Senior Vice President of Sales & Marketing
AGE
51
TENURE
1.8 yrs

Pia Huhdanmäki

TITLE
HR Director
AGE
49
TENURE
1 yrs

Teemu Virtanen

TITLE
Senior Vice President of Information Management Services
AGE
40
TENURE
1.5 yrs

Tuomo Niemi

TITLE
Senior Vice President of Financial Sector
AGE
56
TENURE
1.7 yrs

Harri Vepsäläinen

TITLE
Senior Vice President of Digital Services
AGE
44
TENURE
0.8 yrs

Jukka Kotro

TITLE
Senior Vice President of Industry Solutions
AGE
57
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the Digia Oyj board of directors in years:

6.9
Average Tenure
59
Average Age
  • The tenure for the Digia Oyj board of directors is about average.
Board of Directors

Pertti Kyttälä

TITLE
Chairman of the Board
AGE
68
TENURE
9.1 yrs

Robert Ingman

TITLE
Vice Chairman of the Board
AGE
57
TENURE
6.9 yrs

Päivi Hokkanen

TITLE
Director
AGE
59
TENURE
6.9 yrs

Seppo Ruotsalainen

TITLE
Director
AGE
64
TENURE
6.9 yrs

Martti Ala-Härkönen

TITLE
Director
AGE
53
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Digia Oyj's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Digia Oyj has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DIGIA News

Simply Wall St News

Digia Oyj (HEL:DIGIA): What Are Investors Earning On Their Capital?

and looking to gauge the potential return on investment in Digia Oyj (HEL:DIGIA). … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … To understand Digia Oyj’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

With A -5.6% Earnings Drop, Is Digia Oyj's (HEL:DIGIA) A Concern?

Below, I will assess Digia Oyj's (HEL:DIGIA) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … Despite a decline, did DIGIA underperform the long-term trend and the industry. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 25%, indicating the rate at which DIGIA is growing has slowed down

Simply Wall St -

What Should Investors Know About Digia Oyj's (HEL:DIGIA) Return On Capital?

and want to begin learning the link between Digia Oyj (HEL:DIGIA)’s return fundamentals and stock market performance. … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … To understand Digia Oyj’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

Who Are The Major Shareholders In Digia Oyj (HEL:DIGIA)?

In this analysis, my focus will be on developing a perspective on Digia Oyj’s (HEL:DIGIA) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … See our latest analysis for Digia Oyj

Simply Wall St -

What Do Expectations Tell Us About Digia Oyj's (HEL:DIGIA) Margins In The Next Few Years?

As analysts forecast … earnings growth of 34.68% annualised … it's necessary to take a moment

Simply Wall St -

What Investors Should Know About Digia Oyj's (HEL:DIGIA) Financial Strength

Investors are always looking for growth in small-cap stocks like Digia Oyj (HEL:DIGIA), with a market cap of €69.46m. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Does Digia Oyj's (HEL:DIGIA) PE Ratio Warrant A Sell?

and want to better understand how you can grow your money by investing in Digia Oyj (HEL:DIGIA). … Digia Oyj (HEL:DIGIA) trades with a trailing P/E of 64.9x, which is higher than the industry average of 23.3x. … While this makes DIGIA appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio

Simply Wall St -

What Is Digia Oyj's (HEL:DIGIA) Share Price Doing?

received a lot of attention from a substantial price increase on the HLSE over the last few months. … So, could the stock still be trading at a low price relative to its actual value. … Let’s take a look at Digia Oyj’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Calculating The Fair Value Of Digia Oyj (HLSE:DIGIA)

by taking the expected future cash flows and discounting them to their present value. … discounted cash flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model

Simply Wall St -

Is Digia Oyj (HEL:DIGIA) Undervalued After Accounting For Its Future Growth?

Digia Oyj is trading at price-to-earnings (PE) ratio of 65.62x, this also tells us the stock is overvalued based on current earnings compared to the it industry average of 23.21x , and overvalued compared to the FI market average ratio of 19.15x. … HLSE:DIGIA PE PEG Gauge May 28th 18 After looking at DIGIA's value based on current earnings, we can see it seems overvalued relative to other companies in the industry. … This tells us that when we include its growth in our analysis Digia Oyj's stock can be considered a bit overvalued , based on fundamental analysis.

Simply Wall St -

DIGIA Company Info

Map
Description

Digia Oyj provides software and services for organizations to develop services, manage operations, and utilize information in Finland and Sweden. The company offers electronic services, which include conceptualizing, planning, and carrying out e-services and multichannel e-service operations for various purposes, including implementing official license services for developing e-services; and engages in the e-commerce business that designs and builds online stores and related services, helps in converting visitors into paying customers, enhancing the average order size, and providing user experiences and layout; and helps in using customer information to enhance customer relationships and contents, build loyalty, support customers’ buying process, develop customer loyalty schemes, and choose sales channels. It also conceptualizes, plans, and carries out various electronic working environments, such as community intranets and electronic desktops; offers enterprise resource planning solutions comprising steering and optimization solutions; and provides manufacturing execution system that combines production management and data collection with other data systems in a company. In addition, the company offers workforce management solution, which provides tools for automated and optimized shift planning, flexible schedule creation and editing, administration of shift changes and employee preferences, sending notice of additional shifts for immediate pick-up, on-site task management and remote on the move, and time and attendance. Further, it provides data management and integration solution in the areas of customer-based process development, enterprise architecture and service-based development, and system, and partner network and data integration; data analysis for decision-making; and information security consisting of Digia Salpa that protects privacy for calls and messages on any device, and society’s critical functions. Digia Oyj is headquartered in Helsinki, Finland.

Details
Name: Digia Oyj
DIGIA
Exchange: HLSE
Founded:
€71,906,084
26,631,883
Website: http://www.digia.com
Address: Digia Oyj
Atomitie 2 A,
Helsinki,
Uusimaa, 00370,
Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE DIGIA Share Capital OMX Nordic Exchange Helsinki FI EUR 27. Sep 1999
LSE 0IKK Share Capital London Stock Exchange GB EUR 27. Sep 1999
Number of employees
Current staff
Staff numbers
1,091
Digia Oyj employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 20:55
End of day share price update: 2019/02/18 00:00
Last estimates confirmation: 2019/02/11
Last earnings filing: 2019/02/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.