Copyright © Inderes 2011 - present. All rights reserved.

Admicom

32.50 EUR

+0.46 %

7,458 following
Corporate customer

ADMCM

First North Finland

Software

Technology

+0.46 %
-0.31 %
-28.88 %
-24.59 %
-31.58 %
-32.22 %
-26.80 %
-66.39 %
+203.74 %

Admicom operates in the IT sector. The company develops cloud-based services that mainly concern administration, accounting, payroll and project management. In addition to its main business, it offers training and customer support. Its customers are small and medium-sized corporate customers, with the largest operations in construction and industry. The head office is located in Jyväskylä.

Read more
Market cap
163.14M EUR
Turnover
1.54M EUR
P/E (adj.) (26e)
15.26
EV/EBIT (adj.) (26e)
11.71
EV/S (26e)
3.68
Dividend yield-% (26e)
1.08 %
Coverage
Recommendation
Buy
Target price
45.00 EUR
Updated
14.04.2026
Disclaimer
Atte Riikola
Atte Riikola

Analyst

Latest research

Latest analysis report

Released: 15.04.2026

Latest extensive report

Released: 16.01.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
8.7
2026

Interim report Q2'26

8.10
2026

Interim report Q3'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Forum discussions
I’ve got the impression that Admicom’s cost discipline might not have been on a sustainable footing in the long run. Strong growth requires structures, support, experts, etc. By constantly squeezing the lemon, you end up with “organizational debt.” Quite a few small companies are...
yesterday
by Verneri Pulkkinen
38
Explosive Growth in Sight Admicom’s business is developing as one might expect, rather moderately. Again, quarterly forecasts have been cut by 15%, as the forecasts on which the EV/EBIT 10 talks are based do not seem to materialize.
4/15/2026, 5:07 AM
by LeFevre
33
YLE’s story, so the new management has something to prove… In the autumn of 2024, veteran entrepreneur Matti Häll made a deal worth over 50 million euros. 21 percent of the software company Admicom’s shares changed hands; Häll was the seller. The deal was reported by Keskisuomalainen...
4/15/2026, 7:26 AM
by Zen65
19
Netvisor is nowhere near the same level as Admicom, unless some other construction software has been brought in alongside it. With Netvisor, you can only handle financial management; it doesn’t have proper project management. If your acquaintance’s construction firm is the “man and...
4/16/2026, 5:25 PM
14
The company still hasn’t seemed to admit the real customer churn; instead, the only reasons given have been bankruptcies/payment difficulties. If even in my own immediate circle there is a construction entrepreneur who switched from Admicom to Netvisor, I find it hard to believe ...
4/15/2026, 6:27 AM
14
Admicom is certainly testing one’s patience. As a novice “investor,” this is one of my first stock picks that isn’t just a lottery ticket; rather, the stock purchase had solid fundamentals. I bought it about three years ago, if I recall correctly, and at the time, my investment thesis...
4/15/2026, 6:08 AM
by Polakki
12
Here’s a new company report from Ate on Admicom, regarding Q1 We reiterate our buy recommendation for Admicom, but adjust the target price to EUR 45.0 (previously EUR 50.0). The company’s Q1 results were slightly below our expectations, and based on the outlook comments, we estimate...
4/15/2026, 4:59 AM
by Sijoittaja-alokas
11
Read more on our forum
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.