| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
DETEC Overview
Detection Technology Oyj provides X-ray detector solutions for medical, security, and industrial applications in approximately 40 countries.
Rewards
Risk Analysis
No risks detected for DETEC from our risk checks.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €29.50 |
| 52 Week High | €19.00 |
| 52 Week Low | €37.00 |
| Beta | 1.02 |
| 1 Month Change | -16.43% |
| 3 Month Change | -0.67% |
| 1 Year Change | 53.25% |
| 3 Year Change | 45.32% |
| 5 Year Change | 128.68% |
| Change since IPO | 481.85% |
Recent News & Updates
Shareholder Returns
| DETEC | FI Electronic | FI Market | |
|---|---|---|---|
| 7D | -4.2% | 1.5% | 1.4% |
| 1Y | 53.2% | 47.2% | 26.3% |
Return vs Industry: DETEC exceeded the Finnish Electronic industry which returned 45.6% over the past year.
Return vs Market: DETEC exceeded the Finnish Market which returned 24.4% over the past year.
Price Volatility
| DETEC volatility | |
|---|---|
| DETEC Beta | 1.02 |
| Industry Beta | 1 |
| Market Beta | 1 |
Stable Share Price: DETEC is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DETEC's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 438 | Hannu Martola | https://www.deetee.com |
Detection Technology Oyj provides X-ray detector solutions for medical, security, and industrial applications in approximately 40 countries. The company offers X-ray line detectors, detector cards, and flat panel detectors; X-ray detector components, such as arrays and preamplifier ASICs; backside and frontside illuminated photodiode arrays; electronics; mechanics; and software products. Its X-ray detectors are used in computed tomography, digital mammography, bone densitometry, chest X-ray, and other medical applications; and X-ray imaging subsystems are used in train, vehicle, container, air cargo, and baggage and parcel scanning, as well as portable and people scanning.
Detection Technology Oyj Fundamentals Summary
| DETEC fundamental statistics | |
|---|---|
| Market Cap | €430.06m |
| Earnings (TTM) | €7.64m |
| Revenue (TTM) | €82.39m |
56.3x
P/E Ratio5.2x
P/S RatioIs DETEC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DETEC income statement (TTM) | |
|---|---|
| Revenue | €82.39m |
| Cost of Revenue | €43.45m |
| Gross Profit | €38.94m |
| Expenses | €31.30m |
| Earnings | €7.64m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 27, 2021
| Earnings per share (EPS) | 0.53 |
| Gross Margin | 47.26% |
| Net Profit Margin | 9.27% |
| Debt/Equity Ratio | 5.5% |
How did DETEC perform over the long term?
See historical performance and comparisonDividends
0.9%
Current Dividend Yield53%
Payout RatioValuation
Is Detection Technology Oyj undervalued compared to its fair value and its price relative to the market?
56.3x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DETEC (€29.5) is trading above our estimate of fair value (€21.65)
Significantly Below Fair Value: DETEC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DETEC is poor value based on its PE Ratio (56.3x) compared to the Finnish Electronic industry average (38.4x).
PE vs Market: DETEC is poor value based on its PE Ratio (56.3x) compared to the Finnish market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: DETEC is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: DETEC is overvalued based on its PB Ratio (6.7x) compared to the FI Electronic industry average (6.6x).
Future Growth
How is Detection Technology Oyj forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
28.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DETEC's forecast earnings growth (28.6% per year) is above the savings rate (0.2%).
Earnings vs Market: DETEC's earnings (28.6% per year) are forecast to grow faster than the Finnish market (7.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DETEC's revenue (15.5% per year) is forecast to grow faster than the Finnish market (3.7% per year).
High Growth Revenue: DETEC's revenue (15.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DETEC's Return on Equity is forecast to be high in 3 years time (22.9%)
Past Performance
How has Detection Technology Oyj performed over the past 5 years?
-5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DETEC has high quality earnings.
Growing Profit Margin: DETEC's current net profit margins (9.3%) are higher than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: DETEC's earnings have declined by 5.3% per year over the past 5 years.
Accelerating Growth: DETEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DETEC had negative earnings growth (-9.2%) over the past year, making it difficult to compare to the Electronic industry average (4.3%).
Return on Equity
High ROE: DETEC's Return on Equity (12%) is considered low.
Financial Health
How is Detection Technology Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: DETEC's short term assets (€71.7M) exceed its short term liabilities (€17.0M).
Long Term Liabilities: DETEC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DETEC's debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: DETEC's debt to equity ratio has reduced from 11.7% to 5.5% over the past 5 years.
Debt Coverage: DETEC's debt is well covered by operating cash flow (263%).
Interest Coverage: DETEC earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Detection Technology Oyj current dividend yield, its reliability and sustainability?
0.95%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DETEC's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (1.68%).
High Dividend: DETEC's dividend (0.95%) is low compared to the top 25% of dividend payers in the Finnish market (3.64%).
Stability and Growth of Payments
Stable Dividend: DETEC is not paying a notable dividend for the Finnish market, therefore no need to check if payments are stable.
Growing Dividend: DETEC is not paying a notable dividend for the Finnish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: DETEC is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DETEC's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Hannu Martola (58 yo)
14.25yrs
Tenure
Mr. Hannu Martola, M.Sc. (Eng.), eMBA is Director at Enics AG. He has been the Chief Executive Officer and President of Detection Technology Oyj since June 18, 2007. Mr. Martola serves as the Chairman of M...
Leadership Team
Experienced Management: DETEC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: DETEC's board of directors are considered experienced (3.7 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
Detection Technology Oyj's employee growth, exchange listings and data sources
Key Information
- Name: Detection Technology Oyj
- Ticker: DETEC
- Exchange: HLSE
- Founded: 1991
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: €430.064m
- Shares outstanding: 14.58m
- Website: https://www.deetee.com
Number of Employees
Location
- Detection Technology Oyj
- Otakaari 5A
- A Grid
- Espoo
- Uusimaa
- 2150
- Finland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/23 21:35 |
| End of Day Share Price | 2021/09/23 00:00 |
| Earnings | 2021/06/30 |
| 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.