TietoEVRY Oyj
Market Cap
€3.1b
Last Updated
2021/03/08 19:40 UTC
Data Sources
Company Financials +
Executive Summary
TietoEVRY Oyj operates as a software and services company. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer and fair value.
Similar Companies
Share Price & News
How has TietoEVRY Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TIETO is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TIETO's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0.7%
TIETO
0.9%
FI IT
-1.4%
FI Market
1 Year Return
11.7%
TIETO
20.0%
FI IT
29.3%
FI Market
Return vs Industry: TIETO underperformed the Finnish IT industry which returned 13.6% over the past year.
Return vs Market: TIETO underperformed the Finnish Market which returned 18.5% over the past year.
Shareholder returns
| TIETO | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | 0.9% | -1.4% |
| 30 Day | -6.1% | -5.6% | -1.4% |
| 90 Day | -0.7% | 2.8% | 3.1% |
| 1 Year | 14.6%11.7% | 23.0%20.0% | 38.8%29.3% |
| 3 Year | -1.7%-13.5% | 7.7%-4.6% | 31.2%8.2% |
| 5 Year | 31.7%3.5% | 105.5%85.2% | 72.1%34.0% |
Long-Term Price Volatility Vs. Market
How volatile is TietoEVRY Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Did You Miss Tieto Oyj's (HEL:TIETO) 16% Share Price Gain?1 year ago | Simply Wall St
How Has Tieto Oyj's (HEL:TIETO) Performed Against The Industry?1 year ago | Simply Wall St
Is Tieto Oyj (HEL:TIETO) Worth €25.58 Based On Its Intrinsic Value?Valuation
Is TietoEVRY Oyj undervalued compared to its fair value and its price relative to the market?
29.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TIETO (€26.3) is trading below our estimate of fair value (€37.29)
Significantly Below Fair Value: TIETO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TIETO is poor value based on its PE Ratio (32.9x) compared to the XE IT industry average (25.4x).
PE vs Market: TIETO is poor value based on its PE Ratio (32.9x) compared to the Finnish market (27.7x).
Price to Earnings Growth Ratio
PEG Ratio: TIETO is poor value based on its PEG Ratio (1.5x)
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 (4.9x).
Next Steps
Future Growth
How is TietoEVRY Oyj forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
21.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TIETO's forecast earnings growth (21.9% per year) is above the savings rate (0.3%).
Earnings vs Market: TIETO's earnings (21.9% per year) are forecast to grow faster than the Finnish market (19.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TIETO's revenue (1.8% per year) is forecast to grow slower than the Finnish market (3.8% per year).
High Growth Revenue: TIETO's revenue (1.8% 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 (16.8%).
Next Steps
Past Performance
How has TietoEVRY Oyj performed over the past 5 years?
-5.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIETO has high quality earnings.
Growing Profit Margin: TIETO's current net profit margins (3.4%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: TIETO's earnings have declined by 5.2% per year over the past 5 years.
Accelerating Growth: TIETO's earnings growth over the past year (19.9%) exceeds its 5-year average (-5.2% per year).
Earnings vs Industry: TIETO earnings growth over the past year (19.9%) exceeded the IT industry 7.4%.
Return on Equity
High ROE: TIETO's Return on Equity (5.8%) is considered low.
Next Steps
Financial Health
How is TietoEVRY Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: TIETO's short term assets (€823.6M) do not cover its short term liabilities (€826.1M).
Long Term Liabilities: TIETO's short term assets (€823.6M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: TIETO's debt to equity ratio (56.9%) is considered high.
Reducing Debt: TIETO's debt to equity ratio has increased from 35.4% to 56.9% over the past 5 years.
Debt Coverage: TIETO's debt is well covered by operating cash flow (38.3%).
Interest Coverage: TIETO's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
Next Steps
Dividend
What is TietoEVRY Oyj current dividend yield, its reliability and sustainability?
5.02%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TIETO's dividend (5.02%) is higher than the bottom 25% of dividend payers in the Finnish market (1.86%).
High Dividend: TIETO's dividend (5.02%) is in the top 25% of dividend payers in the Finnish market (3.95%)
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 high payout ratio (165.4%), TIETO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TIETO's dividends in 3 years are forecast to be covered by earnings (59.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average board tenure
CEO
Kimmo Alkio (57 yo)
9.33yrs
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 ($USD3.13M) is above average for companies of similar size in the Finnish market ($USD1.79M).
Compensation vs Earnings: Kimmo's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 1.25yrs | €72.52k | 0.0014% € 42.4k | |
| Independent Deputy Chairperson | 1.25yrs | €99.33k | no data | |
| Independent Director | 4.17yrs | €31.51k | 0.0022% € 67.8k | |
| Independent Director | 1.25yrs | €59.94k | 0.0061% € 186.0k | |
| Independent Director | 7yrs | €47.27k | 0.0038% € 115.7k | |
| Independent Director | 5yrs | no data | 0.0039% € 118.8k | |
| Independent Director | 1.25yrs | €65.68k | no data | |
| Independent Director | 3yrs | €47.27k | 0.0018% € 55.0k | |
| Representative Director | 1.25yrs | €26.25k | no data | |
| Representative Director | 1.25yrs | €26.25k | no data | |
| Independent Director | 2yrs | €31.51k | 0.00070% € 21.4k | |
| Representative Director | 1.25yrs | €26.25k | no data |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Board: TIETO's board of directors are not considered experienced ( 1.3 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 company bio, 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
- Market Cap: €3.054b
- Shares outstanding: 118.27m
- Website: https://www.tietoevry.com
Number of Employees
Location
- TietoEVRY Oyj
- Keilalahdentie 2-4
- PO Box 2
- Espoo
- Uusimaa
- 2101
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TIETO | HLSE (OMX Nordic Exchange Helsinki) | Yes | Common Stock | FI | EUR | Jan 1988 |
| TIETOS | OM (OMX Nordic Exchange Stockholm) | Yes | Common Stock | SE | SEK | Jan 1988 |
| 0KG0 | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Jan 1988 |
| TTEB | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1988 |
| TIETOS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | SEK | Jan 1988 |
| TIETO | OB (Oslo Bors) | Yes | Common Stock | NO | NOK | Jan 1988 |
Biography
TietoEVRY Oyj operates as a software and services company. It operates through Digital Experience, Hybrid Infra, Industry Software, and Product Development Services segments. The Digital Experience segment...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 19:40 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.