Gofore Oyj
Gofore Oyj provides digitalization services for corporate customers and public sector operators in Finland and rest of Europe. The last earnings update was 2 days ago. More info.
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GOFORE Share Price and Events
7 Day Returns
1 Year Returns
GOFORE Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Gofore Oyj (GOFORE) | -1.7% | -1.9% | -1.3% | -1.1% | - | - |
| FI IT | -1.7% | 0.9% | -1.2% | -13.6% | 1.8% | 84% |
| FI Market | 0.1% | 2.3% | 8.1% | -1.6% | 27.3% | 30.1% |
1 Year Return vs Industry and Market
- GOFORE outperformed the IT industry which returned -13.6% over the past year.
Value
Is Gofore 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
Gofore 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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Gofore Oyj.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 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.
| 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))
= 0.464 (1 + (1- 20%) (3.24%)) |
0.476 |
| 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:GOFORE using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Gofore 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (EUR, Millions) | -4.00 | 8.60 | 9.90 | 10.55 | 10.70 |
| Source | Analyst x1 | Analyst x2 | Analyst x2 | Analyst x2 | Analyst x2 |
|
Present Value Discounted (@ 8.11%) |
-3.70 | 7.36 | 7.84 | 7.72 | 7.25 |
| Present value of next 5 years cash flows | €26.46 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= €10.70 × (1 + 0.54%) ÷ (8.11% – 0.54%) |
€142.15 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= €142.15 ÷ (1 + 8.11%)5 |
€96.26 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= €26.46 + €96.26 |
€122.72 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €122.72 / 13.97 |
€8.79 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €8.79 |
| Current discount | Discount to share price of
€8.14
= -1 x (€8.14 - €8.79) / €8.79 |
7.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Gofore Oyj's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Gofore Oyj's share price is below the future cash flow value, but not 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 Gofore Oyj's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Gofore Oyj's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €0.36 |
| HLSE:GOFORE Share Price ** | HLSE (2019-02-21) in EUR | €8.14 |
| Europe IT Industry PE Ratio | Median Figure of 149 Publicly-Listed IT Companies | 19.21x |
| Finland Market PE Ratio | Median Figure of 107 Publicly-Listed Companies | 17.88x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Gofore Oyj.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = HLSE:GOFORE Share Price ÷ EPS (both in EUR) = 8.14 ÷ 0.36 |
22.56x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Gofore Oyj is overvalued based on earnings compared to the Europe IT industry average.
- Gofore Oyj is overvalued based on earnings compared to the Finland market.
Price based on expected Growth
Does
Gofore Oyj's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 22.56x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
16.8%per year |
| Europe IT Industry PEG Ratio | Median Figure of 82 Publicly-Listed IT Companies | 1.38x |
| Finland Market PEG Ratio | Median Figure of 88 Publicly-Listed Companies | 1.7x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 22.56x ÷ 16.8% |
1.34x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Gofore Oyj is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Gofore Oyj's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €1.68 |
| HLSE:GOFORE Share Price * | HLSE (2019-02-21) in EUR | €8.14 |
| Finland IT Industry PB Ratio | Median Figure of 6 Publicly-Listed IT Companies | 3.68x |
| Finland Market PB Ratio | Median Figure of 141 Publicly-Listed Companies | 1.96x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = HLSE:GOFORE Share Price ÷ Book Value per Share (both in EUR) = 8.14 ÷ 1.68 |
4.85x |
* Primary Listing of Gofore Oyj.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Gofore Oyj is overvalued based on assets compared to the FI IT industry average.
Value checks
We assess Gofore Oyj's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the IT industry average (and greater than 0)? (1 check) Gofore Oyj has a total score of 0/6, 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.
Future Performance
How is Gofore Oyj expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
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!
Earnings growth vs Low Risk Savings
- Gofore Oyj's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
- Gofore Oyj's earnings growth is expected to exceed the Finland market average.
- Gofore Oyj's revenue growth is expected to exceed the Finland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| HLSE:GOFORE Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 16.8% |
| HLSE:GOFORE Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 13.3% |
| Europe IT Industry Earnings Growth Rate | Market Cap Weighted Average | 18.1% |
| Europe IT Industry Revenue Growth Rate | Market Cap Weighted Average | 11.1% |
| Finland Market Earnings Growth Rate | Market Cap Weighted Average | 15.6% |
| Finland Market Revenue Growth Rate | Market Cap Weighted Average | 0.5% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 106 | 11 | 1 | |
| 2022-12-31 | 101 | 11 | 1 | |
| 2021-12-31 | 94 | 10 | 8 | 1 |
| 2020-12-31 | 85 | 9 | 7 | 1 |
| 2019-12-31 | 73 | 7 | 6 | 1 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 51 | 8 | 5 |
| 2018-09-30 | 49 | 4 | 4 |
| 2018-06-30 | 44 | -1 | 4 |
| 2018-03-31 | 39 | -0 | 4 |
| 2017-12-31 | 34 | 1 | 3 |
| 2017-09-30 | 28 | 3 | 4 |
| 2016-12-31 | 19 | 2 | 2 |
*GAAP earnings excluding extraordinary items.
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 1 Analyst Estimates (S&P Global) | See Below |
All data from Gofore Oyj Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 0.59 | 0.59 | 0.59 | 1.00 |
| 2020-12-31 | 0.51 | 0.51 | 0.51 | 1.00 |
| 2019-12-31 | 0.41 | 0.41 | 0.41 | 1.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.36 |
| 2018-09-30 | 0.32 |
| 2018-06-30 | 0.31 |
| 2018-03-31 | 0.30 |
| 2017-12-31 | 0.28 |
| 2017-09-30 | 31.00 |
| 2016-12-31 | 19.87 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Gofore Oyj's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Gofore Oyj has a total score of 4/6, 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.
Past Performance
How has Gofore 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
Past Earnings growth analysis
- Gofore Oyj has delivered over 20% year on year earnings growth in the past 5 years.
- Gofore Oyj's 1-year earnings growth exceeds its 5-year average (42.6% vs 30.8%)
- Gofore Oyj's earnings growth has exceeded the Europe IT industry average in the past year (42.6% vs 14.7%).
Earnings and Revenue History
All data from Gofore Oyj Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 50.58 | 4.73 | ||
| 2018-09-30 | 48.86 | 4.15 | 1.40 | |
| 2018-06-30 | 44.27 | 4.06 | 1.40 | |
| 2018-03-31 | 39.11 | 3.69 | 1.40 | |
| 2017-12-31 | 33.95 | 3.32 | 1.40 | |
| 2017-09-30 | 28.43 | 3.53 | 0.75 | |
| 2016-12-31 | 18.62 | 2.11 | 0.75 | |
| 2015-12-31 | 12.42 | 1.23 | 0.56 | |
| 2014-12-31 | 9.18 | 1.09 |
*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.
- Gofore Oyj has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- Gofore Oyj used its assets more efficiently than the Europe IT industry average last year based on Return on Assets.
- Gofore Oyj's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Gofore Oyj's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Gofore Oyj has a total score of 5/6, 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.
Health
How is Gofore 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 Gofore Oyj's finances.
The net worth of a company is the difference between its assets and liabilities.
- Gofore Oyj is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Gofore Oyj's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 6.9x 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.
All data from Gofore Oyj Company Filings, last reported 1 month ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 22.01 | 3.68 | 15.42 |
| 2018-09-30 | 22.01 | 3.68 | 15.42 |
| 2018-06-30 | 18.63 | 4.22 | 9.96 |
| 2018-03-31 | 18.63 | 4.22 | 9.96 |
| 2017-12-31 | 17.81 | 4.79 | 12.66 |
| 2017-09-30 | 7.40 | 5.31 | 3.28 |
| 2016-12-31 | 4.12 | 0.06 | 3.60 |
| 2015-12-31 | 2.54 | 0.14 | 2.72 |
| 2014-12-31 | 1.74 | 0.22 | 1.91 |
- Gofore Oyj's level of debt (16.7%) compared to net worth is satisfactory (less than 40%).
- Unable to establish if Gofore Oyj's debt level has increased without past 5-year debt data.
- Debt is well covered by operating cash flow (212.9%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 554x coverage).
Financial health checks
We assess Gofore Oyj's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Gofore Oyj has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
Dividends
What is Gofore 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
If you bought
€2,000 of
Gofore Oyj
shares you are expected to receive
€47
in your first year as a dividend.
Dividend Amount
- Gofore Oyj's pays a lower dividend yield than the bottom 25% of dividend payers in Finland (2.6%).
- Gofore Oyj's dividend is below the markets top 25% of dividend payers in Finland (5.11%).
Upcoming dividend payment
Purchase Gofore Oyj on or before the 'Buy Limit' to receive their next dividend payment.
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.
| 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 1 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 100 Stocks | 4.3% |
| Finland Minimum Threshold Dividend Yield | 10th Percentile | 1.7% |
| Finland Bottom 25% Dividend Yield | 25th Percentile | 2.6% |
| 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.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.29 | 1.00 |
| 2020-12-31 | 0.28 | 2.00 |
| 2019-12-31 | 0.22 | 1.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-19 | 0.190 | 2.349 |
| 2018-03-27 | 0.150 | 1.698 |
| 2017-11-16 | 5.000 | 65.496 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- It is too early to tell whether Gofore Oyj has stable dividend payments.
- Gofore Oyj only just started paying a dividend, it is too early to tell if payments are increasing.
Income/ dividend checks
We assess Gofore Oyj's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Gofore Oyj afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Gofore Oyj has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| AGE | 47 |
| TENURE AS CEO | 9.1 years |
CEO Bio
Mr. Timur Karki, M.SC. (TECH.) has been the Chief Executive Officer of Gofore Oyj since 2010. Previously, Mr. Karki served as Projects Director at Gofore since 2002 until 2010. Previously, he served as the Chief Technology Officer at Wireless Artificial Intelligence Services since 2001 until 2002, Production Manager and Senior Software Specialist at Tietovalta / TJ Group since 1999 until 2001 and as specialist at Sonera since 1997 until 1999. He serves as the Chairman of the Management Board at Gofore Oyj and served its Director until March 2018. He has been a board member of Ilves Hockey since 2017.
CEO Compensation
- Insufficient data for Timur to compare compensation growth.
- Insufficient data for Timur to establish whether their remuneration is reasonable compared to companies of similar size in Finland.
Management Team Tenure
Average tenure and age of the Gofore Oyj management team in years:
- The tenure for the Gofore Oyj management team is about average.
Management Team
Timur Karki
Chairman of Management Board & CEO
47
9.1 yrs
Petteri Venola
Chief Financial Officer
45
7.1 yrs
Topi Koskinen
Chief Operating Officer
46
2.1 yrs
Juha Virtanen
Sales Director
41
3.1 yrs
Vijay Selvaraj
Global Head of Design Services
Mikael Nylund
Business Director of M&A and Deputy CEO
43
3.1 yrs
Riikka Nurminen
Marketing & Communications Director (Leave of Absence)
42
0.1 yrs
Board of Directors Tenure
Average tenure and age of the Gofore Oyj board of directors in years:
- The average tenure for the Gofore Oyj board of directors is less than 3 years, this suggests a new board.
Board of Directors
Ali Saadetdin
Chairman of the Board
69
13.1 yrs
Sami Somero
Director
43
5.1 yrs
Anne-Mari Silvast
Director
38
2.1 yrs
Kristiina Michelsson
Director
45
0.9 yrs
Mika Varjus
Director
42
0.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Gofore Oyj's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Gofore 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.
News
Simply Wall St News
What Percentage Of Gofore Oyj (HEL:GOFORE) Shares Do Insiders Own?
If you want to know who really controls Gofore Oyj (HEL:GOFORE), then you'll have to look at the makeup of its share registry. … With a market capitalization of €110m, Gofore Oyj is a small cap stock, so it might not be well known by many institutional investors. … Let's delve deeper into each type of owner, to discover more about GOFORE
Simply Wall St - – Full articleIs Gofore Oyj's (HEL:GOFORE) ROE Of 22% Impressive?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.22 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleWhat Can We Make Of Gofore Oyj’s (HEL:GOFORE) High Return On Capital?
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleShould You Buy Gofore Oyj (HEL:GOFORE) For Its 1.8% Dividend?
Gofore Oyj (HEL:GOFORE) has started paying a dividend to shareholders. … Does Gofore Oyj tick all the boxes of a great dividend stock? … 5 questions I ask before picking a dividend stock
Simply Wall St - – Full articleWhat You Must Know About Gofore Oyj's (HEL:GOFORE) Financial Strength
Gofore Oyj (HEL:GOFORE) is a small-cap stock with a market capitalization of €111m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes
Simply Wall St - – Full articleIs There An Opportunity With Gofore Oyj's (HEL:GOFORE) 23.28% Undervaluation?
by taking the expected future cash flows and discounting them to today's 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 - – Full articleA Holistic Look At Gofore Oyj (HEL:GOFORE)
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Gofore Oyj (HEL:GOFORE) due to its excellent fundamentals in more than one area. … GOFORE
Simply Wall St - – Full articleGofore Oyj (HEL:GOFORE)'s Return on Capital
Therefore, looking at how efficiently Gofore Oyj is able to use capital to create earnings will help us understand your potential return. … Investors use many different metrics but the analysis below focuses on return on capital employed (ROCE). … What is Return on Capital Employed (ROCE)?
Simply Wall St - – Full articleIs Gofore Oyj's (HEL:GOFORE) Balance Sheet Strong Enough To Weather A Storm?
Gofore Oyj (HEL:GOFORE) is a small-cap stock with a market capitalization of €116.41m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is
Simply Wall St - – Full articleWhy You Should Not Buy Gofore Oyj (HEL:GOFORE) For Dividend
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Gofore Oyj (HEL:GOFORE) has returned an average dividend yield of 23.00% annually to shareholders. … When researching a dividend stock, I always follow the following screening criteria:
Simply Wall St - – Full articleCompany Info
Map
Description
Gofore Oyj provides digitalization services for corporate customers and public sector operators in Finland and rest of Europe. The company provides management consultation (lead), service design (design), development of information systems and the related design and management services (build), and maintenance and expert services (cloud) that utilize cloud infrastructure. Its lead services, includes digital business and strategy, renewal consultation, and lean development services; design services, comprising customer insight and integration, service concepts and validation, development, and services design; build services, such as software development, user interface design, architecture consulting, and initiative and project management services; and cloud services consisting of user and maintenance, reselling, consulting, and training. The company was founded in 2002 and is headquartered in Tampere, Finland.
Details
| Name: | Gofore Oyj |
| GOFORE | |
| Exchange: | HLSE |
| Founded: | 2002 |
| €113,708,937 | |
| 13,969,157 | |
| Website: | http://www.gofore.com |
| Address: |
Gofore Oyj Kalevantie 2, Tampere, Pirkanmaa, 33100, Finland |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| HLSE | GOFORE | Share Capital | OMX Nordic Exchange Helsinki | FI | EUR | 16. Nov 2017 | |
| LSE | 0CXS | Share Capital | London Stock Exchange | GB | EUR | 16. Nov 2017 |
Number of employees
Current staff
Industry
| IT Consulting and Other Services | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/21 22:44 |
| End of day share price update: | 2019/02/21 00:00 |
| Last estimates confirmation: | 2019/02/20 |
| Last earnings filing: | 2019/02/19 |
| 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.
