Solteq Oyj, an IT service and software company, provides digital business solutions in Finland, Sweden, Denmark, Poland, and the United Kingdom.
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Undervalued with proven track record.
Share Price & News
How has Solteq Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SOLTEQ's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SOLTEQ underperformed the Finnish Software industry which returned 6.3% over the past year.
Return vs Market: SOLTEQ underperformed the Finnish Market which returned -19.3% over the past year.
Price Volatility Vs. Market
How volatile is Solteq Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StAnalysts Have Lowered Expectations For Solteq Oyj After Its Latest Results
1 month ago | Simply Wall StThose Who Purchased Solteq Oyj (HEL:SOLTEQ) Shares Three Years Ago Have A 11% Loss To Show For It
1 month ago | Simply Wall StShould You Like Solteq Oyj’s (HEL:SOLTEQ) High Return On Capital Employed?
Is Solteq Oyj undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SOLTEQ (€1.05) is trading below our estimate of fair value (€1.71)
Significantly Below Fair Value: SOLTEQ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SOLTEQ is good value based on its PE Ratio (7x) compared to the Software industry average (45x).
PE vs Market: SOLTEQ is good value based on its PE Ratio (7x) compared to the Finnish market (15x).
Price to Earnings Growth Ratio
PEG Ratio: SOLTEQ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SOLTEQ is good value based on its PB Ratio (0.8x) compared to the FI Software industry average (5x).
How is Solteq Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SOLTEQ's earnings are forecast to decline over the next 3 years (-15.4% per year).
Earnings vs Market: SOLTEQ's earnings are forecast to decline over the next 3 years (-15.4% per year).
High Growth Earnings: SOLTEQ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SOLTEQ's revenue (2.2% per year) is forecast to grow faster than the Finnish market (0.4% per year).
High Growth Revenue: SOLTEQ's revenue (2.2% 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 (7.8%).
How has Solteq Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SOLTEQ has high quality earnings.
Growing Profit Margin: SOLTEQ's current net profit margins (4.8%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: SOLTEQ's earnings have declined by -25.7% per year over the past 5 years.
Accelerating Growth: SOLTEQ's earnings growth over the past year (687.4%) exceeds its 5-year average (-25.7% per year).
Earnings vs Industry: SOLTEQ earnings growth over the past year (687.4%) exceeded the Software industry 90%.
Return on Equity
High ROE: SOLTEQ's Return on Equity (11.4%) is considered low.
How is Solteq Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: SOLTEQ's short term assets (€19.4M) do not cover its short term liabilities (€45.5M).
Long Term Liabilities: SOLTEQ's short term assets (€19.4M) exceed its long term liabilities (€6.9M).
Debt to Equity History and Analysis
Debt Level: SOLTEQ's debt to equity ratio (112.8%) is considered high.
Reducing Debt: SOLTEQ's debt to equity ratio has increased from 24.9% to 112.8% over the past 5 years.
Debt Coverage: SOLTEQ's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: SOLTEQ's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Inventory Level: SOLTEQ has a low level of unsold assets or inventory.
Debt Coverage by Assets: SOLTEQ's debt is not covered by short term assets (assets are 0.7x debt).
What is Solteq Oyj's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SOLTEQ's dividend (4.76%) is higher than the bottom 25% of dividend payers in the Finnish market (3.2%).
High Dividend: SOLTEQ's dividend (4.76%) is low compared to the top 25% of dividend payers in the Finnish market (6.48%).
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 fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.3%), SOLTEQ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SOLTEQ's dividends in 3 years are forecast to be well covered by earnings (45.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Olli Väätäinen (53yo)
Mr. Olli Väätäinen previously served as Chief Operating Officer of Kotipizza Oyj. Mr. Väätäinen has been Chief Executive Officer of Solteq Oyj since April 1, 2017. He served as the Chief Operating Officer ...
CEO Compensation Analysis
Compensation vs Market: Olli's total compensation ($USD318.22K) is about average for companies of similar size in the Finnish market ($USD341.12K).
Compensation vs Earnings: Olli's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||2.92yrs||€287.00k||2.07% €420.0k|
|Chief Financial Officer||0.50yr||no data||no data|
|General Counsel||5.5yrs||no data||no data|
|Executive Vice President of Digital Services||no data||no data||no data|
|Vice President of People & Culture||2.92yrs||no data||no data|
|Head of Customer Specifi C Solutions Business Unit & Senior Advisor||no data||no data||no data|
|Head of Retail and Wholesale Business Unit||no data||no data||no data|
|Executive Vice President of Software||3.33yrs||no data||no data|
|Chief Digital Officer||2.75yrs||no data||no data|
|Senior Consultant||11.58yrs||no data||no data|
Experienced Management: SOLTEQ's management team is considered experienced (2.9 years average tenure).
|Independent Director||4.42yrs||€23.00k||no data|
|Independent Director||4.42yrs||€24.00k||no data|
|Independent Chairman of the Board||no data||€42.00k||no data|
|Independent Director||1.17yrs||no data||no data|
|Independent Director||1.42yrs||no data||no data|
|Independent Director||1.17yrs||no data||no data|
Experienced Board: SOLTEQ's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Solteq Oyj's company bio, employee growth, exchange listings and data sources
- Name: Solteq Oyj
- Ticker: SOLTEQ
- Exchange: HLSE
- Founded: 1982
- Industry: Application Software
- Sector: Software
- Market Cap: €20.272m
- Shares outstanding: 19.31m
- Website: https://www.solteq.com
Number of Employees
- Solteq Oyj
- Karhumäentie 3
- 5th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SOLTEQ||HLSE (OMX Nordic Exchange Helsinki)||Yes||Ordinary Shares||FI||EUR||Sep 1999|
|0G5H||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Sep 1999|
Solteq Oyj, an IT service and software company, provides digital business solutions in Finland, Sweden, Denmark, Poland, and the United Kingdom. The company offers Deep Vision, a service for identifying issues in online services and analyzing service use; and Solteq Smart Retail, a cloud-based suite that enables end-to-end retail digitalization strategy by integrating various business critical systems into a manageable solution. Its services include various aspects of customers’ operations ranging from digital business development consulting and service design to implementation and maintenance. In addition, the company provides inventory replenishment and analytics services. The company serves customers in retail, wholesale trade, logistics, hospitality, manufacturing, and energy sectors. The company was formerly known as Tampereen Tiedonhallinta. Solteq Oyj was founded in 1982 and is headquartered in Vantaa, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 20:53|
|End of Day Share Price||2020/03/27 00:00|
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.