| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
SOLTEQ Stock Overview
Solteq Oyj provides digital business solutions and industry-specific software in Finland, Sweden, Norway, Denmark, Poland, and the United Kingdom.
Rewards
Risk Analysis
Dividend of 4.82% is not well covered by earnings or forecast to be in the next 3 years
+ 1 more risk
Solteq Oyj Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €2.08 |
| 52 Week High | €6.48 |
| 52 Week Low | €1.70 |
| Beta | 1.67 |
| 1 Month Change | -11.33% |
| 3 Month Change | -33.92% |
| 1 Year Change | -67.27% |
| 3 Year Change | 47.16% |
| 5 Year Change | 22.78% |
| Change since IPO | -59.31% |
Recent News & Updates
Is Now An Opportune Moment To Examine Solteq Oyj (HEL:SOLTEQ)?
Solteq Oyj ( HEL:SOLTEQ ), is not the largest company out there, but it received a lot of attention from a substantial...
Shareholder Returns
| SOLTEQ | FI Software | FI Market | |
|---|---|---|---|
| 7D | -9.4% | 0.2% | 2.2% |
| 1Y | -67.3% | -48.4% | -17.9% |
Return vs Industry: SOLTEQ underperformed the Finnish Software industry which returned -46.8% over the past year.
Return vs Market: SOLTEQ underperformed the Finnish Market which returned -18.3% over the past year.
Price Volatility
| SOLTEQ volatility | |
|---|---|
| SOLTEQ Average Weekly Movement | 6.8% |
| Software Industry Average Movement | 5.8% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in FI Market | 8.9% |
| 10% least volatile stocks in FI Market | 3.3% |
Stable Share Price: SOLTEQ is more volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SOLTEQ's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Finnish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 682 | Aarne Aktan | https://www.solteq.com |
Solteq Oyj provides digital business solutions and industry-specific software in Finland, Sweden, Norway, Denmark, Poland, and the United Kingdom. The company offers Solteq Commerce Cloud, a point of sale system for retail businesses and restaurants; Solteq Care, an electronic journal system designed for product development in municipality health care; Solteq Connector, an integration platform to update the data between systems; Solteq Electricity Distribution to enhance strategic business planning with off-the-shelf Saas solution for DSOs; and Solteq Electricity Trade to digitalize electricity sales process with off-the-shelf SaaS Solution for the Nordic electricity markets. It also provides Solteq i4U, a solution for customer interaction and service for energy and water supply companies; Solteq inWorks, a solution for customer information management and invoicing; Solteq Order Engine that is tailored to individual customer needs; Solteq Robotics for customized packages and continuous service; Solteq Retail Robot, which moves inside a store to recognize products, empty or hole shelves, and incorrect price tags, as well as builds 3D maps of stores with product locations and integrates to the POS, PIM, planogram, and ERP systems; and Solteq Smart Dealer, which offers automotive and aftermarket products.
Solteq Oyj Fundamentals Summary
| SOLTEQ fundamental statistics | |
|---|---|
| Market Cap | €40.25m |
| Earnings (TTM) | €1.80m |
| Revenue (TTM) | €70.47m |
22.4x
P/E Ratio0.6x
P/S RatioIs SOLTEQ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOLTEQ income statement (TTM) | |
|---|---|
| Revenue | €70.47m |
| Cost of Revenue | €50.49m |
| Gross Profit | €19.98m |
| Other Expenses | €18.18m |
| Earnings | €1.80m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 27, 2022
| Earnings per share (EPS) | 0.093 |
| Gross Margin | 28.36% |
| Net Profit Margin | 2.55% |
| Debt/Equity Ratio | 104.9% |
How did SOLTEQ perform over the long term?
See historical performance and comparisonDividends
4.8%
Current Dividend Yield105%
Payout RatioValuation
Is SOLTEQ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SOLTEQ?
Other financial metrics that can be useful for relative valuation.
| What is SOLTEQ's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | €40.25m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1x |
| Enterprise Value/EBITDA | 12.2x |
| PEG Ratio | 0.6x |
Price to Earnings Ratio vs Peers
How does SOLTEQ's PE Ratio compare to its peers?
| SOLTEQ PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 39x | ||
IFA1V Innofactor Oyj | 16.1x | 26.2% | €36.5m |
EFECTE Efecte Oy | 97.9x | 48.1% | €65.7m |
VINCIT Vincit Oyj | 29.7x | 17.5% | €103.3m |
TEM1V Tecnotree Oyj | 12.5x | 16.4% | €194.5m |
SOLTEQ Solteq Oyj | 22.4x | 37.0% | €40.2m |
Price-To-Earnings vs Peers: SOLTEQ is good value based on its Price-To-Earnings Ratio (22.4x) compared to the peer average (39x).
Price to Earnings Ratio vs Industry
How does SOLTEQ's PE Ratio compare vs other companies in the European Software Industry?
Price-To-Earnings vs Industry: SOLTEQ is good value based on its Price-To-Earnings Ratio (22.4x) compared to the Finnish Software industry average (37.4x)
Price to Earnings Ratio vs Fair Ratio
What is SOLTEQ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 22.4x |
| Fair PE Ratio | 34.4x |
Price-To-Earnings vs Fair Ratio: SOLTEQ is good value based on its Price-To-Earnings Ratio (22.4x) compared to the estimated Fair Price-To-Earnings Ratio (34.4x).
Share Price vs Fair Value
What is the Fair Price of SOLTEQ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SOLTEQ (€2.08) is trading below our estimate of fair value (€7.99)
Significantly Below Fair Value: SOLTEQ is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
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Future Growth
How is Solteq Oyj forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
37.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SOLTEQ's forecast earnings growth (37% per year) is above the savings rate (0.2%).
Earnings vs Market: SOLTEQ's earnings (37% per year) are forecast to grow faster than the Finnish market (8% per year).
High Growth Earnings: SOLTEQ's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SOLTEQ's revenue (5.7% per year) is forecast to grow faster than the Finnish market (1.7% per year).
High Growth Revenue: SOLTEQ's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SOLTEQ's Return on Equity is forecast to be low in 3 years time (17.4%).
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Past Performance
How has Solteq Oyj performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
54.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SOLTEQ has high quality earnings.
Growing Profit Margin: SOLTEQ's current net profit margins (2.6%) are lower than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: SOLTEQ has become profitable over the past 5 years, growing earnings by 54.9% per year.
Accelerating Growth: SOLTEQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SOLTEQ had negative earnings growth (-56.9%) over the past year, making it difficult to compare to the Software industry average (-5.4%).
Return on Equity
High ROE: SOLTEQ's Return on Equity (6.3%) is considered low.
Discover strong past performing companies
Financial Health
How is Solteq Oyj's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SOLTEQ's short term assets (€16.3M) do not cover its short term liabilities (€25.0M).
Long Term Liabilities: SOLTEQ's short term assets (€16.3M) do not cover its long term liabilities (€27.4M).
Debt to Equity History and Analysis
Debt Level: SOLTEQ's net debt to equity ratio (94.3%) is considered high.
Reducing Debt: SOLTEQ's debt to equity ratio has reduced from 108.9% to 104.9% over the past 5 years.
Debt Coverage: SOLTEQ's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: SOLTEQ's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Dividend
What is Solteq Oyj current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
4.82%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SOLTEQ's dividend (4.82%) is higher than the bottom 25% of dividend payers in the Finnish market (2.41%).
High Dividend: SOLTEQ's dividend (4.82%) is in the top 25% of dividend payers in the Finnish market (4.74%)
Stability and Growth of Payments
Stable Dividend: SOLTEQ's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOLTEQ's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (104.5%), SOLTEQ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (457.5%), SOLTEQ's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Aarne Aktan (49 yo)
0.083yr
Tenure
€27,000
Compensation
Mr. Aarne Aktan serves as Chief Executive Officer at Solteq Oyj since July 1, 2022. He has been a Director of Solteq Oyj since October 19, 2015. Mr. Aktan serves as Managing Director at Yhtyneet Medix Labo...
Leadership Team
Experienced Management: SOLTEQ's management team is seasoned and experienced (5.2 years average tenure).
Board Members
Experienced Board: SOLTEQ's board of directors are considered experienced (3.4 years average tenure).
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Solteq Oyj's employee growth, exchange listings and data sources
Key Information
- Name: Solteq Oyj
- Ticker: SOLTEQ
- Exchange: HLSE
- Founded: 1982
- Industry: Application Software
- Sector: Software
- Implied Market Cap: €40.248m
- Shares outstanding: 19.40m
- Website: https://www.solteq.com
Number of Employees
Location
- Solteq Oyj
- Karhumäentie 3
- 5th Floor
- Vantaa
- Uusimaa
- 1530
- Finland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/16 00:00 |
| End of Day Share Price | 2022/08/16 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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.