Vincit

1.03 EUR

+9.04 %

8,030 following

VINCIT

First North Finland

Software

Technology

+9.04 %
-1.91 %
-21.76 %
-19.92 %
-21.15 %
-40.06 %
-78.42 %
-88.95 %
-83.20 %

Vincit provides design and software development services. The services include e-commerce and web application software, cloud platforms, mobile applications and IoT solutions. The services are used by both small and medium-sized business customers. The largest operations are in Europe and North America. Vincit was founded in 2007 and is headquartered in Finland.

Read more
Market cap
17.41M EUR
Turnover
45.59K EUR
P/E (adj.) (26e)
16.54
EV/EBIT (adj.) (26e)
10.51
EV/S (26e)
0.26
Dividend yield-% (26e)
6.83 %
Coverage
Recommendation
Reduce
Target price
1.25 EUR
Updated
22.04.2026
Disclaimer
Joni Grönqvist
Joni Grönqvist

Analyst

Latest research

Latest analysis report

Released: 23.04.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
14.7
2026

Interim report Q2'26

21.10
2026

Business review Q3'26

22.10
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
Nordic IT sector: Getting better, but not quite at 20 yet
Analyst Comment by
Joni Grönqvist

Nordic IT sector: Getting better, but not quite at 20 yet

In Finland, revenue growth picked up towards the end of the year, surpassing that of the other Nordic countries for the first time in a long while.

DigiaDigital WorkforceGoforeNetum GroupSiili SolutionsSolteqVincitWitted MegacorpColumbusTrifork GroupAvensiaAddnode GroupBouvetB3 Consulting GroupCAG GroupCombinedXExsitec HoldingKnowitNetcompany GroupNNITProact IT GroupWebstep
Forum discussions
Vincit still has a relatively good financial situation in terms of its balance sheet compared to its competitors, even though, like other small IT firms, the last few years have hit the company hard and the decline in revenue should, of course, be stopped. This is mainly a bet on...
4/27/2026, 4:36 PM
by Farseer
24
You are a more experienced investor than I am, so it would be interesting to hear where your conviction regarding Vincint’s turnaround comes from? (Of course, you have no obligation to explain your picks any further.) In terms of valuation multiples (2026 estimates), Vincint seems...
4/27/2026, 2:34 PM
by Ruoto
20
Almost two years since the attached comment and it feels as if time has stood still.
4/28/2026, 11:29 AM
by Tuomo Tilman
12
Vincit seems to have lost even the last shreds of interest. Today’s Q1 results show that revenue has decreased by 15%, and the headcount has shrunk by nearly 20%. This development can already be called a tailspin. My own buy level has dropped below one euro.
4/22/2026, 11:25 AM
9
Vincit Tiedotteet Vincit is a digital business partner that turns digital into business results by combining leading enterprise platforms and tailored solutions. Vincit acquires the business operations of Data Clinic Oy, specialized in data and analytics solutions Vincit Plc has ...
16 hours ago
by Cadel
7
I completely agree with this. It’s incredible that even the board hasn’t managed to intervene in this destruction of shareholder value over these past five years. It has become exceptionally clear that CEO Julius Manni lacks the capability/expertise for it. I’ve considered Vincit...
4/28/2026, 1:28 PM
by P. Köyrijä
7
The market has been extremely difficult in the IT services sector, but in Vincit’s case, the company’s board really needs to look in the mirror. If the share price drops 90% in five years, the board must engage in some serious soul-searching: Is the strategy correct? How do we actually...
5/13/2026, 7:42 PM
by SoftaSijoittaja
4
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.