TietoEVRY Oyj Future Growth

Future criteria checks 2/6

TietoEVRY Oyj is forecast to grow earnings and revenue by 11.9% and 3% per annum respectively. EPS is expected to grow by 11.2% per annum. Return on equity is forecast to be 14.6% in 3 years.

Key information

11.9%

Earnings growth rate

11.2%

EPS growth rate

IT earnings growth	14.9%
Revenue growth rate	3.0%
Future return on equity	14.6%
Analyst coverage	Good
Last updated	26 Apr 2024

Recent future growth updates

Recent updates

TietoEVRY Oyj (HEL:TIETO) Has A Pretty Healthy Balance Sheet

Apr 16

TietoEVRY Oyj (HEL:TIETO) Has Announced A Dividend Of €0.735

Mar 21

Increases to TietoEVRY Oyj's (HEL:TIETO) CEO Compensation Might Cool off for now

Mar 07

TietoEVRY Oyj's (HEL:TIETO) Intrinsic Value Is Potentially 78% Above Its Share Price

Mar 06

TietoEVRY Oyj (HEL:TIETO) Shares Could Be 35% Below Their Intrinsic Value Estimate

Nov 16

Is Now The Time To Look At Buying TietoEVRY Oyj (HEL:TIETO)?

Oct 25

TietoEVRY Oyj (HEL:TIETO) Is Increasing Its Dividend To €0.725

Sep 20

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

Sep 09

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

Sep 09

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

Aug 05

Here's Why TietoEVRY Oyj (HEL:TIETO) Can Manage Its Debt Responsibly

Jul 20

Is It Too Late To Consider Buying TietoEVRY Oyj (HEL:TIETO)?

Jun 21

Earnings and Revenue Growth Forecasts

HLSE:TIETO - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,083	230	280	382	8
12/31/2025	2,995	213	259	359	11
12/31/2024	2,906	183	263	360	11
3/31/2024	2,842	162	147	234	N/A
12/31/2023	2,852	172	182	266	N/A
9/30/2023	2,868	192	197	280	N/A
6/30/2023	2,899	208	231	322	N/A
3/31/2023	2,943	204	223	319	N/A
12/31/2022	2,929	189	182	277	N/A
9/30/2022	2,904	203	184	280	N/A
6/30/2022	2,862	192	246	332	N/A
3/31/2022	2,844	288	255	335	N/A
12/31/2021	2,825	292	287	368	N/A
9/30/2021	2,797	257	250	323	N/A
6/30/2021	2,793	228	264	340	N/A
3/31/2021	2,757	96	338	419	N/A
12/31/2020	2,790	95	271	355	N/A
9/30/2020	2,621	52	274	358	N/A
6/30/2020	2,357	55	242	319	N/A
3/31/2020	2,073	87	199	266	N/A
12/31/2019	1,738	79	227	278	N/A
9/30/2019	1,613	103	182	232	N/A
6/30/2019	1,601	114	133	181	N/A
3/31/2019	1,602	120	110	156	N/A
12/31/2018	1,600	123	129	174	N/A
9/30/2018	1,587	124	119	159	N/A
6/30/2018	1,575	126	112	151	N/A
3/31/2018	1,557	122	87	133	N/A
12/31/2017	1,543	108	N/A	151	N/A
9/30/2017	1,537	105	N/A	135	N/A
6/30/2017	1,523	98	N/A	138	N/A
3/31/2017	1,518	102	N/A	130	N/A
12/31/2016	1,493	107	N/A	97	N/A
9/30/2016	1,485	107	N/A	114	N/A
6/30/2016	1,479	110	N/A	117	N/A
3/31/2016	1,462	103	N/A	143	N/A
12/31/2015	1,460	91	N/A	133	N/A
9/30/2015	1,467	63	N/A	156	N/A
6/30/2015	1,479	20	N/A	150	N/A
3/31/2015	1,501	20	N/A	155	N/A
12/31/2014	1,523	35	N/A	168	N/A
9/30/2014	1,525	43	N/A	135	N/A
6/30/2014	1,540	75	N/A	165	N/A
3/31/2014	1,570	65	N/A	159	N/A
12/31/2013	1,607	62	N/A	159	N/A
9/30/2013	1,680	29	N/A	162	N/A
6/30/2013	1,743	33	N/A	158	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TIETO's forecast earnings growth (11.9% per year) is above the savings rate (1%).

Earnings vs Market: TIETO's earnings (11.9% per year) are forecast to grow slower than the Finnish market (16.1% per year).

High Growth Earnings: TIETO's earnings are forecast to grow, but not significantly.

Revenue vs Market: TIETO's revenue (3% per year) is forecast to grow faster than the Finnish market (2.7% per year).

High Growth Revenue: TIETO's revenue (3% 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 (14.6%).

TietoEVRY Oyj Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 10%

TietoEVRY Oyj Provides Earnings Guidance for the Year 2024

TietoEVRY Oyj Revises Revenue Guidance for the Year 2023

Price target decreased by 8.0% to €28.88

TietoEVRY Oyj Reaffirms Earnings Guidance for the Year 2023

Price target increased by 10% to €31.58

Recent updates

First quarter 2024 earnings released: EPS: €0.32 (vs €0.41 in 1Q 2023)

TietoEVRY Oyj (HEL:TIETO) Has A Pretty Healthy Balance Sheet

TietoEVRY Oyj (HEL:TIETO) Has Announced A Dividend Of €0.735

Dividend of €0.73 announced

Tietoevry Oyj Approves Dividend for the Financial Year Ended on 31 December 2023, Payable on 3 April 2024 and 3 October 2024

Upcoming dividend of €0.73 per share

Increases to TietoEVRY Oyj's (HEL:TIETO) CEO Compensation Might Cool off for now

TietoEVRY Oyj's (HEL:TIETO) Intrinsic Value Is Potentially 78% Above Its Share Price

Consensus EPS estimates fall by 10%

High number of new directors

Full year 2023 earnings: EPS misses analyst expectations

TietoEVRY Oyj Provides Earnings Guidance for the Year 2024

Is Now An Opportune Moment To Examine TietoEVRY Oyj (HEL:TIETO)?

TietoEVRY Oyj Announces Executive Changes

TietoEVRY Oyj's (HEL:TIETO) Prospects Need A Boost To Lift Shares

Here's Why TietoEVRY Oyj (HEL:TIETO) Can Manage Its Debt Responsibly

TietoEVRY Oyj to Report Nine Months, 2024 Results on Oct 24, 2024

TietoEVRY Oyj (HEL:TIETO) Shares Could Be 35% Below Their Intrinsic Value Estimate

New minor risk - Financial position

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Is Now The Time To Look At Buying TietoEVRY Oyj (HEL:TIETO)?

TietoEVRY Oyj Appoints Carsten Henke as Managing Director of Tietoevry Industry, Effective 1 November 2023

TietoEVRY Oyj (HEL:TIETO) Is Increasing Its Dividend To €0.725

TietoEVRY Oyj Revises Revenue Guidance for the Year 2023

Upcoming dividend of €0.72 per share at 6.4% yield

Silchester International Investors LLP acquired additional 5.01% stake in TietoEVRY Oyj (HLSE:TIETO).

Price target decreased by 8.0% to €28.88

TietoEVRY Oyj Announces Payment of Second Dividend Installment, Payable on Beginning from 4 October 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First quarter 2023 earnings: EPS misses analyst expectations

TietoEVRY Oyj Reaffirms Earnings Guidance for the Year 2023

Now 25% undervalued after recent price drop

High number of new directors

Now 23% undervalued

Upcoming dividend of €0.72 per share at 5.2% yield

Price target increased by 10% to €31.58

Full year 2022 earnings: Revenues in line with analyst expectations

Tietoevry Oyj Proposes Dividend for the Financial Year Ended December 31, 2022, Payable on 5 April 2023 and October 5, 2023

TietoEVRY Oyj Provides Revenue Guidance for the Full Year 2023

TietoEVRY Oyj Appoints Satu Kiiskinen as Managing Director of the Combined Business Effective 1 April 2023

Tietoevry Corporation Announces Board Changes

Vela Software International Inc. signed an agreement to acquire Wood supply software business of Tietoevry from TietoEVRY Oyj (HLSE:TIETO).

Tietoevry Announces Management Changes

Now 22% undervalued

Tietoevry Oyj Announces Change of A Personnel Deputy Member in the Board of Directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

TietoEVRY Oyj Revises Financial Guidance for 2022

TietoEVRY Oyj to Report Fiscal Year 2022 Results on Feb 15, 2023

TietoEVRY Oyj Announces Payment of Second Dividend Installment

Upcoming dividend of €0.70 per share

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Tietoevry Corporation Revises Earnings Guidance for the Year 2022

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TietoEVRY Corporation Provides Earnings Guidance for the Year 2021

High number of new directors

Upcoming dividend of €0.70 per share

Full year 2021 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

TietoEVRY Oyj Proposes Dividend for the Year Ended December 31, 2021, Payable on April 6, 2022 and October 5, 2022

TietoEVRY Oyj Announces Leif Teksum Is Not Available for Re-Election At the Annual General Meeting of 2022

Third quarter 2021 earnings released: EPS €0.41 (vs €0.16 in 3Q 2020)

Upcoming dividend of €0.66 per share

An Unknown buyer acquired unknown stake in TietoEVRY Oyj (HLSE:TIETO).

Non-Executive Independent Director Rohan Haldea has left the company

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

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

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

Second quarter 2021 earnings released: EPS €0.99 (vs €0.12 loss in 2Q 2020)

Here's Why TietoEVRY Oyj (HEL:TIETO) Can Manage Its Debt Responsibly