HLSE:DIGIGR

Stock Analysis Report

Executive Summary

Digitalist Group Plc provides digital solutions and consulting services in Europe, the United States, and Asia.


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

DIGIGRIndustryMarket
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

Valuation

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

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

company0%marketbottom25%2.1%markettop25%4.5%industryaverage1.7%forecastin3Yearsn/a

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

0

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

NamePositionTenureCompensationOwnership
Petteri Poutiainen
Chief Executive Officer0.4yrsno datano data
Mervi Södö
Chief Financial Officer0.08yrsno datano data
Esa Nettamo
Managing Partner of Finland & UK8.5yrsno datano data
Johan Almquist
Managing Partner of Sweden1.8yrsno datano data
Magnus Leijonborg
Managing Partner North America1.1yrsno datano 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

NamePositionTenureCompensationOwnership
Paul Ehrnrooth
Director9.9yrs€45.17kno data
Peter Eriksson
Director3.1yrsno datano data
Jaana Rosendahl
Independent Director1.8yrsno datano data
Esa Matikainen
Vice-Chairman1.8yrsno datano data
Pekka Pylkäs
Director4.8yrs€16.58kno data
Ville Tolvanen
Director0.9yrsno datano data
Andreas Rosenlew
Chairman1.7yrsno datano data
Anders Liljeblad
Director1.7yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DIGIGRHLSE (OMX Nordic Exchange Helsinki)YesRegistered sharesFIEUROct 1999
0KGRLSE (London Stock Exchange)YesRegistered sharesGBEUROct 1999
DIGIGHBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered sharesGBEUROct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 21:03
End of Day Share Price2020/02/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.