Qt Group Oyj

HLSE:QTCOM Aktierapport

Börsvärde: €612.9m

Qt Group Oyj Förvaltning

Förvaltning kriterier kontrolleras 4/4

Qt Group Oyj VD är Juha Varelius, utsedd i May 2016, har en mandatperiod på 10.08 år. totala årliga ersättningen är € 446.85K, bestående av 96% lön 4% bonusar, inklusive företagsaktier och optioner. äger direkt 1.58% av företagets aktier, värda € 9.68M. Den genomsnittliga mandatperioden för ledningsgruppen och styrelsen är 2.4 år respektive 3.3 år.

Viktig information

Juha Varelius

Verkställande direktör

€446.8k

Total ersättning

VD-lön i procent95.97%
Anställning som VD10.1yrs
Ägande av VD1.6%
Ledningens genomsnittliga anställningstid2.4yrs
Styrelsens genomsnittliga mandatperiod3.3yrs

Senaste uppdateringar av ledningen

Analysartikel Apr 03

Shareholders May Not Be So Generous With Qt Group Oyj's (HEL:QTCOM) CEO Compensation And Here's Why

Key Insights Qt Group Oyj to hold its Annual General Meeting on 9th of April Salary of €412.0k is part of CEO Juha...

Recent updates

Uppdatering av berättelse Jun 09

QTCOM: Reorganization And AI Safety Role Will Support Balanced Future Execution

Analysts have kept the fair value for Qt Group Oyj steady at €28.5, with a supporting €28 price target from recent Street research. This reflects updated assumptions around discount rate, revenue growth and future P/E that are broadly in line with prior estimates.
Uppdatering av berättelse May 25

QTCOM: Reorganization And AI Partnerships Will Support Balanced Future Execution

Analysts have adjusted their price target for Qt Group Oyj to €28.50 from €28.33, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations following a recent upgrade to Buy at €28 by SEB Equities. Analyst Commentary Recent research has focused on how the updated €28.50 price target lines up with expectations for execution and valuation around the upgraded €28 level.
Uppdatering av berättelse May 09

QTCOM: Cost Restructuring And AI Partnerships Will Support Future Upside

Analysts now set their average price target for Qt Group Oyj at about €28.33, up from €27.00. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E expectations.
Uppdatering av berättelse Apr 23

QTCOM: Future Margin Discipline Will Support Upside Despite Recent Downgrade

Analysts have trimmed their fair value estimate for Qt Group Oyj from €29.25 to €27.00, citing updated assumptions for growth, profitability and P/E, as well as a more cautious stance reflected in recent research. Analyst Commentary Recent research has become more cautious on Qt Group Oyj, with at least one downgrade reinforcing a more conservative stance on valuation and execution.
Uppdatering av berättelse Apr 08

QTCOM: Long Term Margin Delivery Will Support Recalibrated Upside Potential

Analysts have trimmed their price outlook for Qt Group Oyj, cutting the average target by €0.07 to €29.25. They are factoring in a slightly lower assumed P/E multiple alongside modest tweaks to the discount rate and long term margin and growth inputs, following more cautious research commentary including a recent downgrade from Danske Bank.
Uppdatering av berättelse Mar 25

QTCOM: Execution On Long Term Roadmap Will Support Recalibrated Upside

Analysts have trimmed their 12 month price target on Qt Group Oyj by €0.01 to €29.25, citing a slightly higher discount rate and modestly adjusted long term assumptions following recent bearish Street research, including a downgrade from Danske Bank. Analyst Commentary Analysts are responding to the recent downgrade and slightly higher discount rate by sharpening their focus on both upside potential and execution risks around Qt Group Oyj.
Uppdatering av berättelse Mar 11

QTCOM: Earnings Guidance And Testing Wins Will Support Recalibrated Upside

Analysts have trimmed their price target for Qt Group Oyj from €35.50 to €29.25, citing updated assumptions for slower revenue growth, lower profit margins, a higher discount rate and a modestly higher future P/E multiple, consistent with the more cautious tone in recent research such as Danske Bank's downgrade. Analyst Commentary Bullish Takeaways Bullish analysts still see support for Qt Group Oyj's valuation from its role in software tools, where successful execution on product roadmap and licensing could justify a higher future P/E multiple over time.
Uppdatering av berättelse Feb 25

QTCOM: Testing Software Adoption Will Support Recalibrated Upside Despite Lower P/E Premium

Analysts have slightly reduced their price target for Qt Group Oyj from €36.25 to €35.50, citing updated assumptions around revenue growth, profit margins, and a lower future P/E multiple following recent Street research, including a downgrade from Danske Bank. Analyst Commentary Bullish Takeaways Bullish analysts note that the revised €35.50 target still implies confidence that Qt Group Oyj can execute on its current business plan, even with more cautious assumptions baked into the model.
Ny berättelse Feb 13

Embedded Software Shift And IAR Integration Will Support Stronger Long Term Prospects

Catalysts About Qt Group Oyj Qt Group Oyj provides development tools and quality assurance products for building complex embedded software and graphical user interfaces. What are the underlying business or industry changes driving this perspective?
Uppdatering av berättelse Feb 11

QTCOM: Safety And Testing Software Will Support Recalibrated Upside Potential

Analysts have trimmed their price target for Qt Group Oyj to €36.25 from €44.75, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E, as reflected in recent, more cautious research commentary. Analyst Commentary Recent research has taken a more cautious stance on Qt Group Oyj, reflected in the lower price target and a downgrade in rating.
Ny berättelse Jan 30

Embedded License Pressure And Testing Cuts Will Eventually Reward Long Term Patience

Catalysts About Qt Group Oyj Qt Group Oyj provides tools and frameworks for developing and testing embedded software and graphical user interfaces across multiple industries. What are the underlying business or industry changes driving this perspective?
Uppdatering av berättelse Jan 27

QTCOM: Safety Software And Testing Automation Wins Will Support Future Upside

Analysts have kept their price target for Qt Group Oyj broadly in line with prior estimates, reflecting only very small tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions, rather than a material change in their valuation view. What's in the News Komatsu has adopted Qt Group's Squish platform to automate GUI testing for display screens in equipment used across more than 190 countries, aiming to improve testing efficiency and quality assurance at scale (Key Developments).
Uppdatering av berättelse Jan 12

QTCOM: Expanded Chip Partnerships Will Support Future Edge Computing Upside

Analysts now keep their fair value estimate for Qt Group Oyj steady at €44.75, indicating only minimal tweaks in assumptions such as the discount rate and future P/E, rather than a shift in their core view of the company. What's in the News Qt Group launched a new Axivion 7.11 feature that automatically checks whether NVIDIA CUDA based code follows established safety and security rules, aiming to help developers in areas like self driving cars, medical scanners, and robotics build compliant applications more efficiently (Product related announcement).
Uppdatering av berättelse Dec 21

QTCOM: Expanded Chip Partnerships Will Drive Future Edge Computing Upside

Analysts have nudged their price target on Qt Group Oyj slightly higher to EUR 44.75 from EUR 44.75. This reflects marginal improvements in the discount rate and long term valuation assumptions, despite largely unchanged growth and profitability forecasts.
Uppdatering av berättelse Dec 07

QTCOM: Expanded Auto And Embedded Partnerships Will Drive Future Upside Potential

Analysts have modestly reduced their price target for Qt Group Oyj, now expecting approximately €44.75 per share. Slightly higher discount rate assumptions have offset upgraded forecasts for revenue growth and profit margins.
Uppdatering av berättelse Nov 23

QTCOM: Upcoming Partnerships And AI Device Expansion Will Drive Future Performance

Narrative Update on Qt Group Oyj Analysts have revised their price target for Qt Group Oyj downward from €55.33 to €44.75, citing updates to fair value estimates and financial projections. What's in the News Qt Group launched a tool in Axivion 7.11 to automate checks for NVIDIA CUDA coding safety rules, helping developers in safety-critical industries build compliant applications more efficiently (Key Developments).
Analysartikel Nov 11

Qt Group Oyj (HEL:QTCOM) May Have Run Too Fast Too Soon With Recent 25% Price Plummet

Qt Group Oyj ( HEL:QTCOM ) shareholders that were waiting for something to happen have been dealt a blow with a 25...
Uppdatering av berättelse Nov 06

QTCOM: Expanded Partnerships Will Drive Long-Term Gains Despite Short-Term Margin Pressure

Analysts have lowered their price target for Qt Group Oyj from €58 to approximately €55.33. They cited revised expectations around profit margins and future growth assumptions.
Uppdatering av berättelse Oct 23

Analysts Lower Qt Group Price Target as Growth Outlook Dims Amid Strategic Developments

Analysts have revised their price target for Qt Group Oyj downward from €69 to €58. They cite a modest decrease in expected revenue growth and profit margins, despite a stable discount rate and a higher projected future P/E ratio.
Analysartikel Sep 17

Is There An Opportunity With Qt Group Oyj's (HEL:QTCOM) 47% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Qt Group Oyj fair value estimate is €86.33 Qt Group Oyj is...
Uppdatering av berättelse Aug 22

Embedded Device And IoT Demand Will Unlock Future Opportunities

The downward revision in Qt Group Oyj’s consensus analyst price target primarily reflects a decline in future P/E expectations, resulting in a lowered fair value estimate from €73.00 to €69.00. What's in the News Qt Group Plc reaffirmed 2025 earnings guidance, expecting net sales to increase by 10% to 20% year-on-year at comparable exchange rates.
Analysartikel Aug 08

Qt Group Oyj's (HEL:QTCOM) Share Price Is Still Matching Investor Opinion Despite 25% Slump

Qt Group Oyj ( HEL:QTCOM ) shareholders won't be pleased to see that the share price has had a very rough month...
Uppdatering av berättelse Aug 07

Embedded Device And IoT Demand Will Unlock Future Opportunities

Despite an improvement in revenue growth forecasts, a sharp decline in the future P/E ratio has led analysts to lower their consensus price target for Qt Group Oyj from €81.00 to €75.50. What's in the News Qt Group Plc reaffirmed earnings guidance for 2025, expecting net sales to increase by 10% to 20% year-on-year at comparable exchange rates.
Analysartikel Jun 28

Should You Investigate Qt Group Oyj (HEL:QTCOM) At €57.00?

Qt Group Oyj ( HEL:QTCOM ), might not be a large cap stock, but it saw significant share price movement during recent...
Analysartikel May 26

Under The Bonnet, Qt Group Oyj's (HEL:QTCOM) Returns Look Impressive

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysartikel Apr 27

Qt Group Oyj Just Missed Earnings - But Analysts Have Updated Their Models

The analysts might have been a bit too bullish on Qt Group Oyj ( HEL:QTCOM ), given that the company fell short of...
Analysartikel Apr 25

The Price Is Right For Qt Group Oyj (HEL:QTCOM) Even After Diving 28%

The Qt Group Oyj ( HEL:QTCOM ) share price has fared very poorly over the last month, falling by a substantial 28...
Analysartikel Apr 03

Shareholders May Not Be So Generous With Qt Group Oyj's (HEL:QTCOM) CEO Compensation And Here's Why

Key Insights Qt Group Oyj to hold its Annual General Meeting on 9th of April Salary of €412.0k is part of CEO Juha...
User avatar
Ny berättelse Mar 15

Expanding QA Business And Partnerships With Infineon And LG Will Drive Future Growth

Significant investment in QA business and M&A activities suggests future growth through software testing tools and expanded product portfolio.
Analysartikel Mar 08

Impressive Earnings May Not Tell The Whole Story For Qt Group Oyj (HEL:QTCOM)

Despite posting some strong earnings, the market for Qt Group Oyj's ( HEL:QTCOM ) stock hasn't moved much. We did some...
Analysartikel Mar 02

Qt Group Oyj (HEL:QTCOM) Has A Rock Solid Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysartikel Feb 18

Qt Group Oyj Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a pretty great week for Qt Group Oyj ( HEL:QTCOM ) shareholders, with its shares surging 15% to €90.15 in the...
Analysartikel Feb 03

Should You Be Adding Qt Group Oyj (HEL:QTCOM) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysartikel Jan 20

At €78.00, Is It Time To Put Qt Group Oyj (HEL:QTCOM) On Your Watch List?

While Qt Group Oyj ( HEL:QTCOM ) might not have the largest market cap around , it saw a decent share price growth of...
Analysartikel Jan 03

Why The 34% Return On Capital At Qt Group Oyj (HEL:QTCOM) Should Have Your Attention

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysartikel Dec 05

Is Qt Group Oyj (HEL:QTCOM) Trading At A 38% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Qt Group Oyj fair value estimate is €114 Qt Group Oyj's €71.15...
Analysartikel Nov 05

Qt Group Oyj (HEL:QTCOM) Stocks Pounded By 25% But Not Lagging Market On Growth Or Pricing

Qt Group Oyj ( HEL:QTCOM ) shares have had a horrible month, losing 25% after a relatively good period beforehand...
Analysartikel Nov 03

Does Qt Group Oyj (HEL:QTCOM) Deserve A Spot On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysartikel Sep 28

Is Now An Opportune Moment To Examine Qt Group Oyj (HEL:QTCOM)?

While Qt Group Oyj ( HEL:QTCOM ) might not have the largest market cap around , it saw a significant share price rise...
Analysartikel Sep 17

Qt Group Oyj's (HEL:QTCOM) Share Price Matching Investor Opinion

Qt Group Oyj's ( HEL:QTCOM ) price-to-earnings (or "P/E") ratio of 49.7x might make it look like a strong sell right...
Analysartikel Sep 06

Does Qt Group Oyj (HEL:QTCOM) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysartikel Aug 26

Qt Group Oyj (HEL:QTCOM) Shares Could Be 29% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Qt Group Oyj is €134 based on 2 Stage Free Cash Flow to Equity Qt Group Oyj...
Analysartikel Aug 11

Qt Group Oyj Just Beat EPS By 23%: Here's What Analysts Think Will Happen Next

It's been a pretty great week for Qt Group Oyj ( HEL:QTCOM ) shareholders, with its shares surging 15% to €88.55 in the...
Analysartikel Aug 07

Qt Group Oyj (HEL:QTCOM) Is Very Good At Capital Allocation

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysartikel Jun 14

Here's Why We Think Qt Group Oyj (HEL:QTCOM) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysartikel Jun 03

Is Now An Opportune Moment To Examine Qt Group Oyj (HEL:QTCOM)?

Qt Group Oyj ( HEL:QTCOM ), is not the largest company out there, but it saw a double-digit share price rise of over...
Analysartikel May 22

Is There An Opportunity With Qt Group Oyj's (HEL:QTCOM) 25% Undervaluation?

Key Insights Qt Group Oyj's estimated fair value is €112 based on 2 Stage Free Cash Flow to Equity Qt Group Oyj's...

Analys av ersättningar till VD

Hur har Juha Varelius:s ersättning förändrats jämfört med Qt Group Oyj:s resultat?
DatumTotal ersättningLönFöretagets resultat
Mar 31 2026n/an/a

€27m

Dec 31 2025€447k€429k

€32m

Sep 30 2025n/an/a

€42m

Jun 30 2025n/an/a

€48m

Mar 31 2025n/an/a

€55m

Dec 31 2024€492k€412k

€57m

Sep 30 2024n/an/a

€46m

Jun 30 2024n/an/a

€44m

Mar 31 2024n/an/a

€39m

Dec 31 2023€524k€402k

€35m

Sep 30 2023n/an/a

€31m

Jun 30 2023n/an/a

€33m

Mar 31 2023n/an/a

€35m

Dec 31 2022€16m€382k

€34m

Sep 30 2022n/an/a

€27m

Jun 30 2022n/an/a

€24m

Mar 31 2022n/an/a

€22m

Dec 31 2021€27m€354k

€22m

Sep 30 2021n/an/a

€21m

Jun 30 2021n/an/a

€21m

Mar 31 2021n/an/a

€15m

Dec 31 2020€7m€321k

€13m

Sep 30 2020n/an/a

€8m

Jun 30 2020n/an/a

€4m

Mar 31 2020n/an/a

€2m

Dec 31 2019€327k€306k

-€352k

Ersättning vs marknad: Juha s total kompensation ($USD 517.42K ) är under genomsnittet för företag av liknande storlek på Finnish marknaden ($USD 812.37K ).

Ersättning vs inkomst: Ersättningen från Juha har varit i linje med företagets resultat under det senaste året.


VD OCH KONCERNCHEF

Juha Varelius (63 yo)

10.1yrs
Anställning
€446,846
Kompensation

Mr. Juha Pekka Varelius, M.Sc. (Econ.), M.B.A., has been President and Chief Executive Officer at Qt Group Oyj since May 01, 2016. Mr. Varelius served as the Chief Executive Officer and President at Digia...


Ledningsgrupp

NamnPositionAnställningKompensationÄgarskap
Juha Varelius
President & CEO10.1yrs€446.85k1.58%
€ 9.7m
Ann Littorin
Chief Financial Officerless than a yearinga uppgifteringa uppgifter
Mika Pälsi
General Counsel10.1yrsinga uppgifter0.0020%
€ 12.4k
Katja Kumpulainen
Senior Vice President of Marketing10.1yrsinga uppgifter0.047%
€ 289.7k
Erik Rehn
Senior Vice President of Sales & Business Operations1.4yrsinga uppgifter0.0023%
€ 14.3k
Laura Kilemet
Senior Vice President of People & Culture2.4yrsinga uppgifter0.000040%
€ 245.2
Juhapekka Niemi
Interim Senior Vice President of Software Quality Solutions Business Unit10.1yrsinga uppgifter0.058%
€ 355.1k
Thilak Ramanna
Senior Vice President of Qt Business Unitless than a yearinga uppgifteringa uppgifter
Cecilia Wachtmeister
Senior Vice President of IAR Business Unitless than a yearinga uppgifteringa uppgifter
2.4yrs
Genomsnittlig anställningstid
56yo
Genomsnittlig ålder

Erfaren ledning: QTCOM s ledningsgrupp anses vara erfaren ( 2.4 års genomsnittlig anställningstid).


Styrelseledamöter

NamnPositionAnställningKompensationÄgarskap
Matti Heikkonen
Independent Director3.3yrs€54.00k0.00019%
€ 1.2k
Robert Ingman
Chairman of the Board of Directors10.4yrs€84.00k0.11%
€ 651.8k
Jouni Toijala
Directorless than a yearinga uppgifteringa uppgifter
Mikko Marsio
Independent Vice Chair8.3yrs€60.00k0.0032%
€ 19.3k
Elina Anckar
Independent Director2.3yrs€47.00kinga uppgifter
Marika Auramo
Independent Director3.3yrs€48.00kinga uppgifter
3.3yrs
Genomsnittlig anställningstid
58yo
Genomsnittlig ålder

Erfaren styrelse: QTCOM s styrelse anses vara erfaren ( 3.3 års genomsnittlig mandatperiod).


Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/06/11 08:07
Aktiekurs vid dagens slut2026/06/11 00:00
Intäkter2026/03/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Qt Group Oyj bevakas av 8 analytiker. 4 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
Matti RiikonenCarnegie Investment Bank AB
Waltteri RossiDanske Bank
Matti RiikonenDNB Carnegie