Loading...
GOFORE logo

Gofore OyjHLSE:GOFORE Stock Report

Market Cap €188.0m
Share Price
€11.58
€15.25
24.1% undervalued intrinsic discount
1Y-35.2%
7D8.0%
Portfolio Value
View

Gofore Oyj

HLSE:GOFORE Stock Report

Market Cap: €188.0m

Gofore Oyj (GOFORE) Stock Overview

Provides digital transformation consultancy services for private and public sectors in Finland and internationally. More details

GOFORE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends2/6

GOFORE Community Fair Values

Create Narrative

See what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.

Gofore Oyj Competitors

Price History & Performance

Summary of share price highs, lows and changes for Gofore Oyj
Historical stock prices
Current Share Price€11.58
52 Week High€19.96
52 Week Low€10.54
Beta0.14
1 Month Change-18.22%
3 Month Change7.62%
1 Year Change-35.23%
3 Year Change-54.77%
5 Year Change-36.89%
Change since IPO70.29%

Recent News & Updates

Narrative Update Apr 19

GOFORE: Espoo ICT Contract And Dividend Will Support Steady Outlook

Analysts have kept their €15.25 price target for Gofore Oyj unchanged, reflecting only slight technical adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, rather than a shift in their core view. What's in the News Gofore Lead Oy, together with Nostrum IT Oy, has been selected as the priority supplier for the City of Espoo's ICT consulting expert services framework agreement, with an estimated total procurement value of approximately €44 million over a seven year period and no minimum purchase obligation for the customer (Key Developments).

Recent updates

Narrative Update Apr 19

GOFORE: Espoo ICT Contract And Dividend Will Support Steady Outlook

Analysts have kept their €15.25 price target for Gofore Oyj unchanged, reflecting only slight technical adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, rather than a shift in their core view. What's in the News Gofore Lead Oy, together with Nostrum IT Oy, has been selected as the priority supplier for the City of Espoo's ICT consulting expert services framework agreement, with an estimated total procurement value of approximately €44 million over a seven year period and no minimum purchase obligation for the customer (Key Developments).
Narrative Update Apr 03

GOFORE: Espoo ICT Framework And Dividend Will Support Steady Outlook

Analysts have maintained their fair value estimate for Gofore Oyj at €15.25. They have made only modest changes to their assumptions, such as a slightly lower discount rate and small adjustments to revenue growth and future P/E, to refine their price target rationale.
Narrative Update Mar 20

GOFORE: New Espoo ICT Contract And Dividend Will Support Future Rerating

Analysts have kept their price target for Gofore Oyj steady at €15.25, citing only marginal model tweaks to the discount rate, long term revenue growth, profit margin and future P/E assumptions rather than any shift in their core view on the company. What's in the News Gofore Lead Oy, together with Nostrum IT Oy, has been selected as the priority supplier in the City of Espoo's ICT consulting expert services framework agreement.
Narrative Update Mar 05

GOFORE: New Dividend And CFO Transition Will Support Future Rerating

Analysts have trimmed their price target for Gofore Oyj from €15.75 to €15.25, reflecting updated assumptions around growth, margins and a higher future P/E multiple in their models. What's in the News An annual dividend of €0.4900 per share has been announced, with payment scheduled for April 28, 2026, an ex-dividend date on April 20, 2026, and a record date on April 21, 2026 (Key Developments).
Narrative Update Feb 18

GOFORE: New CFO Appointment Will Support Future Earnings Quality And Market Repricing

Analysts have adjusted their price target for Gofore Oyj from €18.50 to €15.75. This change reflects updated assumptions around revenue growth, profit margins, the discount rate and future P/E expectations.
Analysis Article Aug 20

With A 25% Price Drop For Gofore Oyj (HEL:GOFORE) You'll Still Get What You Pay For

HLSE:GOFORE 1 Year Share Price vs Fair Value Explore Gofore Oyj's Fair Values from the Community and select yours...
Narrative Update Aug 16

Investments In Digital Transformation And Talent Will Drive Future Success In Intelligent Industry And Cybersecurity Sectors

Despite a significant upgrade in consensus revenue growth forecasts and a lower future P/E, the consensus analyst price target for Gofore Oyj has been reduced from €19.75 to €18.50. What's in the News Gofore Oyj provided sales guidance for 2025, expecting 12-month pro forma net sales of 179.6 million euros.
Analysis Article May 07

Gofore Oyj's (HEL:GOFORE) Soft Earnings Don't Show The Whole Picture

Gofore Oyj's ( HEL:GOFORE ) earnings announcement last week didn't impress shareholders. However, our analysis suggests...
Analysis Article Apr 10

We Think Gofore Oyj (HEL:GOFORE) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 27

Gofore Oyj's (HEL:GOFORE) Dividend Will Be Increased To €0.48

The board of Gofore Oyj ( HEL:GOFORE ) has announced that it will be paying its dividend of €0.48 on the 24th of April...
User avatar
New Narrative Feb 23

Investments In Digital Transformation And Talent Will Drive Future Success In Intelligent Industry And Cybersecurity Sectors

Strategic client relationships and focus on digital transformation position Gofore Oyj for sustainable revenue growth and margin improvements.
Analysis Article Feb 23

Gofore Oyj Just Missed Earnings - But Analysts Have Updated Their Models

Last week saw the newest annual earnings release from Gofore Oyj ( HEL:GOFORE ), an important milestone in the...
Analysis Article Nov 04

Solid Earnings Reflect Gofore Oyj's (HEL:GOFORE) Strength As A Business

Gofore Oyj ( HEL:GOFORE ) recently posted some strong earnings, and the market responded positively. We did some...
Analysis Article Mar 29

We Think Shareholders May Consider Being More Generous With Gofore Oyj's (HEL:GOFORE) CEO Compensation Package

Key Insights Gofore Oyj will host its Annual General Meeting on 4th of April Salary of €190.0k is part of CEO Mikael...
Analysis Article Mar 12

Gofore Oyj (HEL:GOFORE) Is Increasing Its Dividend To €0.47

Gofore Oyj's ( HEL:GOFORE ) dividend will be increasing from last year's payment of the same period to €0.47 on 15th of...
Analysis Article Feb 24

Gofore Oyj (HEL:GOFORE) Has Announced That It Will Be Increasing Its Dividend To €0.47

Gofore Oyj's ( HEL:GOFORE ) dividend will be increasing from last year's payment of the same period to €0.47 on 15th of...
Analysis Article Jul 21

Is There An Opportunity With Gofore Oyj's (HEL:GOFORE) 22% Undervaluation?

Key Insights Gofore Oyj's estimated fair value is €27.39 based on 2 Stage Free Cash Flow to Equity Gofore Oyj is...
Analysis Article Jan 18

One Gofore Oyj (HEL:GOFORE) Analyst Just Lifted Their Revenue Forecasts By A Notable 12%

Celebrations may be in order for Gofore Oyj ( HEL:GOFORE ) shareholders, with the covering analyst delivering a...

Shareholder Returns

GOFOREFI ITFI Market
7D8.0%4.6%2.1%
1Y-35.2%12.7%28.2%

Return vs Industry: GOFORE underperformed the Finnish IT industry which returned 9.8% over the past year.

Return vs Market: GOFORE underperformed the Finnish Market which returned 29.2% over the past year.

Price Volatility

Is GOFORE's price volatile compared to industry and market?
GOFORE volatility
GOFORE Average Weekly Movement6.9%
IT Industry Average Movement6.7%
Market Average Movement5.1%
10% most volatile stocks in FI Market8.0%
10% least volatile stocks in FI Market3.2%

Stable Share Price: GOFORE's share price has been volatile over the past 3 months compared to the Finnish market.

Volatility Over Time: GOFORE's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Finnish stocks.

About the Company

FoundedEmployeesCEOWebsite
20011,887Mikael Nylundwww.gofore.com

Gofore Oyj provides digital transformation consultancy services for private and public sectors in Finland and internationally. It is involved in the management of digital change, service design, and software development and testing; and provision of cloud services utilization consulting and cloud capacity services. The company was incorporated in 2001 and is headquartered in Tampere, Finland.

Gofore Oyj Fundamentals Summary

How do Gofore Oyj's earnings and revenue compare to its market cap?
GOFORE fundamental statistics
Market cap€188.03m
Earnings (TTM)€8.06m
Revenue (TTM)€209.31m
23.3x
P/E Ratio
0.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GOFORE income statement (TTM)
Revenue€209.31m
Cost of Revenue€165.44m
Gross Profit€43.87m
Other Expenses€35.82m
Earnings€8.06m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 18, 2026

Earnings per share (EPS)0.50
Gross Margin20.96%
Net Profit Margin3.85%
Debt/Equity Ratio34.2%

How did GOFORE perform over the long term?

See historical performance and comparison

Dividends

4.2%
Current Dividend Yield
94%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/19 02:03
End of Day Share Price 2026/05/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gofore Oyj is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel LepistoDanske Bank
Marianne PalmuInderes Oy
Joni GrönqvistInderes Oy