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TIET

TietoEVRY OyjHLSE:TIETO Stock Report

Last Price

€27.26

Market Cap

€3.2b

7D

1.8%

1Y

-1.8%

Updated

17 Jan, 2022

Data

Company Financials +
TIETO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends5/6

TIETO Stock Overview

TietoEVRY Oyj operates as a software and services company.

TietoEVRY Oyj Competitors

Microsoft

NasdaqGS:MSFT

US$2.3t

salesforce.com

NYSE:CRM

US$227.8b

Siemens

XTRA:SIE

€117.0b

Cognizant Technology Solutions

NasdaqGS:CTSH

US$45.8b

Price History & Performance

Summary of all time highs, changes and price drops for TietoEVRY Oyj
Historical stock prices
Current Share Price€27.26
52 Week High€30.46
52 Week Low€25.40
Beta1.15
1 Month Change3.73%
3 Month Change-2.50%
1 Year Change-1.80%
3 Year Change10.28%
5 Year Change5.13%
Change since IPO189.36%

Recent News & Updates

Sep 09
TietoEVRY Oyj's (HEL:TIETO) Dividend Will Be Increased To €0.66

TietoEVRY Oyj's (HEL:TIETO) Dividend Will Be Increased To €0.66

TietoEVRY Oyj's ( HEL:TIETO ) dividend will be increasing to €0.66 on 6th of October. This will take the dividend yield...

Sep 09
TietoEVRY Oyj (HEL:TIETO) Might Be Having Difficulty Using Its Capital Effectively

TietoEVRY Oyj (HEL:TIETO) Might Be Having Difficulty Using Its Capital Effectively

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...

Shareholder Returns

TIETOFI ITFI Market
7D1.8%0.3%-2.0%
1Y-1.8%1.7%9.0%

Return vs Industry: TIETO underperformed the Finnish IT industry which returned 1.7% over the past year.

Return vs Market: TIETO underperformed the Finnish Market which returned 9% over the past year.

Price Volatility

Is TIETO's price volatile compared to industry and market?
TIETO volatility
TIETO Average Weekly Movement2.5%
IT Industry Average Movement3.7%
Market Average Movement4.3%
10% most volatile stocks in FI Market6.9%
10% least volatile stocks in FI Market2.9%

Stable Share Price: TIETO is less volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: TIETO's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196823,860Kimmo Alkiohttps://www.tietoevry.com

TietoEVRY Oyj operates as a software and services company. It operates through six segments: Digital Consulting, Cloud & Infra, Industry Software, Financial Services Solutions, International Operations, and Product Development Services. The Digital Consulting segment offers consulting services, including business and technology advisory, as well as system integration and managed application services.

TietoEVRY Oyj Fundamentals Summary

How do TietoEVRY Oyj's earnings and revenue compare to its market cap?
TIETO fundamental statistics
Market Cap€3.23b
Earnings (TTM)€257.20m
Revenue (TTM)€2.80b

12.6x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TIETO income statement (TTM)
Revenue€2.80b
Cost of Revenue€2.12b
Gross Profit€673.00m
Expenses€415.80m
Earnings€257.20m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 17, 2022

Earnings per share (EPS)2.17
Gross Margin24.06%
Net Profit Margin9.20%
Debt/Equity Ratio45.0%

How did TIETO perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

61%

Payout Ratio

Valuation

Is TietoEVRY Oyj undervalued compared to its fair value and its price relative to the market?

31.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TIETO (€27.26) is trading below our estimate of fair value (€39.8)

Significantly Below Fair Value: TIETO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TIETO is good value based on its PE Ratio (12.6x) compared to the Finnish IT industry average (49.9x).

PE vs Market: TIETO is good value based on its PE Ratio (12.6x) compared to the Finnish market (24x).


Price to Earnings Growth Ratio

PEG Ratio: TIETO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: TIETO is good value based on its PB Ratio (1.9x) compared to the FI IT industry average (4.1x).


Future Growth

How is TietoEVRY Oyj forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

-1.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TIETO's earnings are forecast to decline over the next 3 years (-1.4% per year).

Earnings vs Market: TIETO's earnings are forecast to decline over the next 3 years (-1.4% per year).

High Growth Earnings: TIETO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TIETO's revenue (2.7% per year) is forecast to grow slower than the Finnish market (3.5% per year).

High Growth Revenue: TIETO's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TIETO's Return on Equity is forecast to be low in 3 years time (16.5%).


Past Performance

How has TietoEVRY Oyj performed over the past 5 years?

7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TIETO has high quality earnings.

Growing Profit Margin: TIETO's current net profit margins (9.2%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: TIETO's earnings have grown by 7.2% per year over the past 5 years.

Accelerating Growth: TIETO's earnings growth over the past year (397.5%) exceeds its 5-year average (7.2% per year).

Earnings vs Industry: TIETO earnings growth over the past year (397.5%) exceeded the IT industry 36.4%.


Return on Equity

High ROE: TIETO's Return on Equity (15.1%) is considered low.


Financial Health

How is TietoEVRY Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: TIETO's short term assets (€822.0M) do not cover its short term liabilities (€832.6M).

Long Term Liabilities: TIETO's short term assets (€822.0M) do not cover its long term liabilities (€967.1M).


Debt to Equity History and Analysis

Debt Level: TIETO's net debt to equity ratio (29.6%) is considered satisfactory.

Reducing Debt: TIETO's debt to equity ratio has reduced from 46.7% to 45% over the past 5 years.

Debt Coverage: TIETO's debt is well covered by operating cash flow (42.1%).

Interest Coverage: TIETO's interest payments on its debt are well covered by EBIT (15.8x coverage).


Balance Sheet


Dividend

What is TietoEVRY Oyj current dividend yield, its reliability and sustainability?

4.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TIETO's dividend (4.84%) is higher than the bottom 25% of dividend payers in the Finnish market (1.64%).

High Dividend: TIETO's dividend (4.84%) is in the top 25% of dividend payers in the Finnish market (3.51%)


Stability and Growth of Payments

Stable Dividend: TIETO's dividend payments have been volatile in the past 10 years.

Growing Dividend: TIETO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.8%), TIETO's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: TIETO's dividends in 3 years are forecast to be covered by earnings (52.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average board tenure


CEO

Kimmo Alkio (58 yo)

10.17yrs

Tenure

€2,636,446

Compensation

Mr. Kimmo Alkio, BBA, MBA has been the Chief Executive Officer and President of TietoEVRY Oyj (formerly known as Tieto Oyj) since November 1, 2011. Mr. Alkio has been the President and Chief Executive Offi...


CEO Compensation Analysis

Compensation vs Market: Kimmo's total compensation ($USD3.01M) is above average for companies of similar size in the Finnish market ($USD1.91M).

Compensation vs Earnings: Kimmo's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: TIETO's board of directors are not considered experienced ( 2.5 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

TietoEVRY Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: TietoEVRY Oyj
  • Ticker: TIETO
  • Exchange: HLSE
  • Founded: 1968
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: €3.228b
  • Shares outstanding: 118.42m
  • Website: https://www.tietoevry.com

Number of Employees


Location

  • TietoEVRY Oyj
  • Keilalahdentie 2-4
  • P.O.Box 2
  • Espoo
  • Uusimaa
  • 2101
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 23:01
End of Day Share Price2022/01/17 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.