GOFORH Stock Overview

Provides digital transformation consultancy services for private and public sectors in Finland and internationally. More details

GOFORH fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	4/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 36.5% below our estimate of its fair value

Earnings are forecast to grow 20.53% per year

Earnings grew by 35.3% over the past year

Risk Analysis

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Gofore Oyj Competitors

FDM Group (Holdings)

LSE:FDM

UK£339.9m

Eckoh

AIM:ECK

UK£154.8m

Celebrus Technologies

AIM:CLBS

UK£106.3m

1Spatial

AIM:SPA

UK£78.4m

Price History & Performance

Summary of share price highs, lows and changes for Gofore Oyj
Historical stock prices
Current Share Price	€25.70
52 Week High	€25.70
52 Week Low	€25.70
Beta	0.66
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.22%

Recent updates

Shareholder Returns

	GOFORH	GB IT	GB Market
7D	0%	0.03%	0.2%
1Y	n/a	-9.3%	2.3%

Return vs Industry: Insufficient data to determine how GOFORH performed against the UK IT industry.

Return vs Market: Insufficient data to determine how GOFORH performed against the UK Market.

Price Volatility

Is GOFORH's price volatile compared to industry and market?
GOFORH volatility
GOFORH Average Weekly Movement	n/a
IT Industry Average Movement	5.7%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: GOFORH has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine GOFORH's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2001	1,319	Mikael Nylund	www.gofore.com

Gofore Oyj provides digitalization consultancy services for private and public sector operators in Finland. The company provides digital transformation, machines, systems, and services design related services. It also engages in the management of digital change, service design, and software development and testing, as well as provides cloud services utilization and cloud capacity consulting services.

Gofore Oyj Fundamentals Summary

How do Gofore Oyj's earnings and revenue compare to its market cap?
GOFORH fundamental statistics
Market cap	€316.33m
Earnings (TTM)	€14.76m
Revenue (TTM)	€174.49m

21.4x

P/E Ratio

1.8x

P/S Ratio

Is GOFORH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GOFORH income statement (TTM)
Revenue	€174.49m
Cost of Revenue	€129.58m
Gross Profit	€44.91m
Other Expenses	€30.15m
Earnings	€14.76m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Oct 19, 2023

Earnings per share (EPS)	0.94
Gross Margin	25.74%
Net Profit Margin	8.46%
Debt/Equity Ratio	18.6%

How did GOFORH perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

36%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/09/23 13:36
End of Day Share Price	2023/06/26 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gofore Oyj is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Panu Laitinmäki	Danske Bank
Daniel Lepistö	Danske Bank
Marianne Palmu	Inderes Oy