Digitalist Group
Market Cap
€27.2m
Last Updated
2020/02/22 21:03 UTC
Data Sources
Company Financials
Executive Summary
Digitalist Group Plc provides digital solutions and consulting services in Europe, the United States, and Asia.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Worrying balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Digitalist Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DIGIGR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-5.4%
DIGIGR
-10.6%
FI IT
-1.9%
FI Market
1 Year Return
-24.5%
DIGIGR
6.1%
FI IT
9.8%
FI Market
Return vs Industry: DIGIGR underperformed the Finnish IT industry which returned 7.8% over the past year.
Return vs Market: DIGIGR underperformed the Finnish Market which returned 10.2% over the past year.
Shareholder returns
| DIGIGR | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.4% | -10.6% | -1.9% |
| 30 Day | -5.0% | -7.9% | 1.1% |
| 90 Day | -12.6% | 4.2% | 8.7% |
| 1 Year | -24.5%-24.5% | 11.4%6.1% | 14.8%9.8% |
| 3 Year | -73.4%-73.4% | 17.8%1.7% | 33.6%17.6% |
| 5 Year | -23.7%-30.3% | 51.2%14.5% | 44.6%17.3% |
Price Volatility Vs. Market
How volatile is Digitalist Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall St
Digitalist Group (HEL:DIGIGR) Is Carrying A Fair Bit Of Debt8 months ago | Simply Wall St
Introducing Digitalist Group (HEL:DIGIGR), The Stock That Slid 55% In The Last Five Years1 year ago | Simply Wall St
Introducing Digitalist Group, The Stock That Slid 55% In The Last Five YearsValuation
Is Digitalist Group undervalued compared to its fair value and its price relative to the market?
8.24x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DIGIGR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DIGIGR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DIGIGR is unprofitable, so we can't compare its PE Ratio to the IT industry average.
PE vs Market: DIGIGR is unprofitable, so we can't compare its PE Ratio to the Finnish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DIGIGR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DIGIGR is overvalued based on its PB Ratio (8.2x) compared to the FI IT industry average (3.6x).
Next Steps
Future Growth
How is Digitalist Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
26.2%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Digitalist Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of DIGIGR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Digitalist Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has Digitalist Group performed over the past 5 years?
12.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DIGIGR is currently unprofitable.
Growing Profit Margin: DIGIGR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DIGIGR is unprofitable, but has reduced losses over the past 5 years at a rate of 12.7% per year.
Accelerating Growth: Unable to compare DIGIGR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DIGIGR is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (12.8%).
Return on Equity
High ROE: DIGIGR has a negative Return on Equity (-189.25%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Digitalist Group's financial position?
Financial Position Analysis
Short Term Liabilities: DIGIGR's short term assets (€7.4M) do not cover its short term liabilities (€16.6M).
Long Term Liabilities: DIGIGR's short term assets (€7.4M) do not cover its long term liabilities (€14.2M).
Debt to Equity History and Analysis
Debt Level: DIGIGR's debt to equity ratio (664.7%) is considered high.
Reducing Debt: DIGIGR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Inventory Level: DIGIGR has a low level of unsold assets or inventory.
Debt Coverage by Assets: DIGIGR's debt is not covered by short term assets (assets are 0.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DIGIGR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DIGIGR has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.9% each year.
Next Steps
Dividend
What is Digitalist Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate DIGIGR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DIGIGR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DIGIGR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DIGIGR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DIGIGR is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DIGIGR's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Petteri Poutiainen (47yo)
0.4yrs
Tenure
Mr. Petteri Poutiainen has been the Chief Executive Officer of Digitalist Group Plc since September 2, 2019. Mr. Poutiainen Co-founded Invesdor Oy in 2012 and served as its Director. Mr. Poutiainen is brin ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 0.4yrs | no data | no data | |
| Chief Financial Officer | 0.08yrs | no data | no data | |
| Managing Partner of Finland & UK | 8.5yrs | no data | no data | |
| Managing Partner of Sweden | 1.8yrs | no data | no data | |
| Managing Partner North America | 1.1yrs | no data | no data |
1.1yrs
Average Tenure
49yo
Average Age
Experienced Management: DIGIGR's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 9.9yrs | €45.17k | no data | |
| Director | 3.1yrs | no data | no data | |
| Independent Director | 1.8yrs | no data | no data | |
| Vice-Chairman | 1.8yrs | no data | no data | |
| Director | 4.8yrs | €16.58k | no data | |
| Director | 0.9yrs | no data | no data | |
| Chairman | 1.7yrs | no data | no data | |
| Director | 1.7yrs | no data | no data |
1.8yrs
Average Tenure
55.5yo
Average Age
Experienced Board: DIGIGR's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.3%.
Top Shareholders
Company Information
Digitalist Group Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Digitalist Group Plc
- Ticker: DIGIGR
- Exchange: HLSE
- Founded:
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: €27.213m
- Shares outstanding: 651.02m
- Website: https://digitalist.global
Number of Employees
Location
- Digitalist Group Plc
- Arkadiankatu 2
- PO Box 486
- Helsinki
- Uusimaa
- 101
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DIGIGR | HLSE (OMX Nordic Exchange Helsinki) | Yes | Registered shares | FI | EUR | Oct 1999 |
| 0KGR | LSE (London Stock Exchange) | Yes | Registered shares | GB | EUR | Oct 1999 |
| DIGIGH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Registered shares | GB | EUR | Oct 1999 |
Biography
Digitalist Group Plc provides digital solutions and consulting services in Europe, the United States, and Asia. The company offers digital, mobile, and Web design services, as well as industrial design services. Its design services include design strategy, user research, visuals designing and interaction, workshops, and prototypes designing and usability testing services. The company also provides software solutions for embedded systems. In addition, it offers industrial Internet, media and online services, smart devices, cloud services, and consultative services. The company was formerly known as Ixonos plc and changed its name to Digitalist Group Plc in May 2017. The company is headquartered in Helsinki, Finland. Digitalist Group Plc is a subsidiary of Tremoko Oy Ab.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/22 21:03 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.