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Netum Group

0.64 EUR-1.85 %25.9, 10.32
1,786 following

NETUM

First North Finland

IT Services

Technology

Overview
Financials & Estimates
Dividend
Investor views
Compare
-1.85 %
-34.76 %
-36.20 %
-36.83 %
-44.52 %
-55.07 %
-78.94 %
-85.16 %
-85.66 %

Netum Group operates in the IT sector. The company specializes in the development of software solutions. The software is developed in-house and is mainly used for design and implementation of software, management and monitoring of information systems, cybersecurity solutions and IT management. The customers consist of corporate customers in several sectors. In addition to the main business, various value-added services are offered. The largest operations are in the Nordic region.

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Market cap
8.16M EUR
Turnover
3.09K EUR
P/E (adj.) (26e)
-21.53
EV/EBIT (adj.) (26e)
74.47
EV/S (26e)
0.57
Dividend yield-% (26e)
-
Coverage
Recommendation
Sell
Target price
0.85 EUR
Updated
18.08.2026
Disclaimer
Joni Grönqvist
Joni Grönqvist

Analyst

Latest research

Latest analysis report

Released: 19.08.2026

Latest extensive report

Released: 25.03.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
In my opinion, the company is about as adrift as it gets, based on what I’ve heard. I work in the same industry myself, and a few acquaintances work at Netum—a couple of them have already changed jobs. From what I’ve discussed with them, things seem to be in complete disarray as ...
9/4/2026, 4:13 PM
by Kootteri
4
This is the essential observation. The vibe in the market right now is that even larger houses have drifted into a bloody price war. And since the business is partly also CV-selling, it’s hard to make profits when experts have realized the situation and changed jobs. The employees...
9/7/2026, 10:24 AM
by evilK
3
Board Chairman Köngäs has been making some small-scale purchases Sep 1 and Sep 2: Volume: 3,985 Average price: 0.80766 EUR Volume: 3,015 Average price: 0.87177 EUR Inderes Netum Group Oyj: Johdon liiketoimet – Köngäs - Inderes Netum Group Oyj | Yhtiötiedote | 04.09.2026 klo 11:30Netum...
9/7/2026, 10:03 AM
by Sijoittaja-alokas
2
Sounds very familiar, those comments regarding management and the handling of customer relationships and employees in general. I raised my hand as a volunteer in the co-op negotiations (yyterit) a year ago, so thanks again Netum for the free 400-day vacation that’s still ongoing ...
9/5/2026, 5:05 AM
by Arsene
2
I don’t know what collective agreement (TES) applies at your workplace or what company-specific contracts you have, but at least based on my own IT industry experience, if a salesperson has sold a project and it reaches the invoicing stage, the salesperson gets their commission even...
9/4/2026, 7:02 PM
by Seinäkadun Keisari
2
I don’t think this is true. If the employment contract states how commissions and bonuses work, they must be paid for deals already made, even if the employees have been laid off (lomauttaa).
9/4/2026, 4:34 PM
by Seinäkadun Keisari
2
Here are Joni’s comments on Netum’s profit warning. Yesterday evening, Netum issued a profit warning, in which the company lowered its profitability guidance for the current year regarding comparable EBITA to a loss-making level. We consider the warning a clear disappointment, although...
3 hours ago
by Sijoittaja-alokas
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
3.11
2026

Business review Q3'26

Netum foretager nedjustering, og rentabiliteten dykker ned i et underskud
Analyst Comment25.09.2026, 06.40 by
Joni Grönqvist

Netum foretager nedjustering, og rentabiliteten dykker ned i et underskud

Vi betragter advarslen som en klar skuffelse, selvom den ikke er fuldstændig overraskende i betragtning af den meget svage Q2-rapport samt den relativt lille størrelse på de besparelsestiltag, der blev annonceret i august.

Netum Group
Regulatory press release24.09.2026, 16.00

Netum Group Plc: Inside information, profit warning: Netum Group Plc lowers its profitability guidance for 2026

Netum Group
Regulatory press release04.09.2026, 10.30

Netum Group Plc: Managers’ transactions – Köngäs

Netum Group

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IT service sector Q2’26 summary: Divide is evident; the good and the bad stand out clearly
Analyst Comment31.08.2026, 18.58 by
Joni Grönqvist, Frans-Mikael Rostedt

IT service sector Q2’26 summary: Divide is evident; the good and the bad stand out clearly

The divide deepened: the turnaround seen at the end of last year did not extend to the sector as a whole, and differences between companies widened even further in Q2.

DigiaDigital WorkforceGoforeSiili SolutionsSolteqNetum GroupReaktor GroupTietoVincitWitted Megacorp
Regulatory press release20.08.2026, 12.00

Netum Group Plc: Managers’ transactions – Köngäs

Netum Group
Netum Q2'26: Ser udfordrende ud for selskabet og investorerne
Research19.08.2026, 06.29 by
Joni Grönqvist

Netum Q2'26: Ser udfordrende ud for selskabet og investorerne

Der er stadig usikkerhed forbundet med tidspunktet og omfanget af vendingen i indtjeningen. Yderligere truer det med at tage flere år at afvikle den høje gæld.

Netum Group
Netum Q2'26 - kort kommentar: Det ser dystert ud
Analyst Comment18.08.2026, 08.15 by
Joni Grönqvist

Netum Q2'26 - kort kommentar: Det ser dystert ud

Årets første kontraktgevinster ser ikke ud til at have reduceret presset på omsætningen, da projektstart er blevet forsinket.

Netum Group
Press release18.08.2026, 07.01

Netum initiates personnel adjustment measures to streamline administration and improve profitability

Netum Group
Regulatory press release18.08.2026, 07.00

Netum Group Plc’s half-year report 1 January–30 June 2026: Revenue for January–June 2026 decreased 25.5%, EBITA -2.4% of revenue

Netum Group
Press release17.08.2026, 15.00

Netum provides integration services for the City of Turku

Netum Group
Netum Q2'26 preview: Nedjustering bekræftede fortsatte udfordringer
Research13.08.2026, 07.00 by
Joni Grönqvist

Netum Q2'26 preview: Nedjustering bekræftede fortsatte udfordringer

Hovedfokus i regnskabsmeddelelsen er udsigterne for resten af året, udviklingen i salgspipelinen, samt hvornår omsætningsnedgangen endelig vil vende.

Netum Group
Press release02.07.2026, 09.00

Netum selected as the integration services provider for the City of Järvenpää

Netum Group
Regulatory press release29.06.2026, 09.30

Netum Group Plc: Managers’ transactions – Köngäs

Netum Group
Netum nedjusterer og sænker forventningerne til omsætning og rentabilitet
Analyst Comment18.06.2026, 07.24 by
Joni Grönqvist

Netum nedjusterer og sænker forventningerne til omsætning og rentabilitet

Nedjusteringen bekræfter vores investeringsbetragtning om, at der endnu ikke er travlt med at købe aktien.

Netum Group
Regulatory press release17.06.2026, 16.30

Netum Group Plc: Inside information, profit warning: Netum lowers its revenue and profitability guidance for 2026

Netum Group
Regulatory press release02.06.2026, 13.30

Netum Group Plc: Managers’ transactions – Köngäs

Netum Group
Analyst Comment28.05.2026, 07.36 by
Roni Peuranheimo, Frans-Mikael Rostedt

Case: Ekspertvirksomhedernes personalemargener er fortsat med at falde

Dækningsbidraget pr. medarbejder i konsulentvirksomheder er faldet støt i løbet af de seneste fem år.

Aallon GroupAdministerDigiaDigital WorkforceEtteplanFondiaGoforeLoihdeNetum GroupSiili SolutionsSitowise GroupSolteqSolwersTalenomVincitWitted Megacorp
Regulatory press release20.05.2026, 12.00

Netum Group Plc: Managers’ transactions – Köngäs

Netum Group
IT service sector Q1’26: Clear dichotomy
Analyst Comment13.05.2026, 09.12 by
Joni Grönqvist, Frans-Mikael Rostedt

IT service sector Q1’26: Clear dichotomy

The IT service sector's revenue organically returned to a downward trend, and profitability improved in Q1. Differences between companies deepened.

DigiaDigital WorkforceGoforeVincitNetum GroupSiili SolutionsSolteqWitted Megacorp
Press release04.05.2026, 10.00

The Finnish Government Shared Services Centre for Finance and HR (Palkeet) chose Netum as the supplier of the iPaaS integration platform service

Netum Group