WithSecure
1.052 EUR +0.19%9,095 investors are following this company
WithSecure operates in the IT sector. The company specializes in cyber security solutions. Today, the company provides IT solutions that are used to manage computer viruses and other potential IT threats within data, mobile and cloud services. The company's services are mainly offered to business customers and larger institutions. Operations are held around the Nordic and European markets. The head office is in Helsinki.
P/E (24e)
-42.89
EV/EBIT (adj.) (24e)
-26.21
EV/S (24e)
1.12
Dividend yield-% (24e)
-
Target price
1.30 EUR
Recommendation
Accumulate
Updated
24.4.2024
NASDAQ Helsinki
WITH
Daily low / high price
1.042 / 1.066
EUR
Market cap
185.26M EUR
Turnover
34.84K EUR
Volume
33K
Business risk
Valuation risk
Current
Previous
Latest research
Extensive report
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The latest extensive report was released
Read the reportAnalyst
Atte Riikola
Analyst
Latest videos
Financial calendar
Interim report
16.07.2024
Interim report
23.10.2024
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Siilasmaa Risto | 34.1 % | 34.1 % |
Nordea Nordic Small Cap Fund | 6.4 % | 6.4 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Scott Reininga | 08.12.2022 | 99,999EUR |
Antti Koskela | 09.09.2022 | 100,000EUR |
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This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 220.2 | 130.0 | 134.7 | 142.8 | 151.3 | 160.1 | 169.6 | 179.2 |
growth-% | 1.3 % | -41.0 % | 3.6 % | 6.0 % | 6.0 % | 5.8 % | 5.9 % | 5.7 % |
EBITDA | 35.7 | -16.6 | -29.9 | -25.1 | 3.2 | 8.1 | 13.8 | 17.5 |
EBIT (adj.) | 22.9 | -26.8 | -36.8 | -26.3 | -6.5 | -1.0 | 4.7 | 8.1 |
EBIT | 19.7 | -30.1 | -42.6 | -43.9 | -8.8 | -3.4 | 2.3 | 7.2 |
Profit before taxes | 16.5 | -30.4 | -44.2 | -43.7 | -8.3 | -3.4 | 2.2 | 7.1 |
Net income | 12.9 | -25.4 | -38.2 | -40.0 | -6.6 | -2.7 | 2.0 | 6.4 |
EPS (adj.) | 0.10 | -0.13 | -0.19 | -0.13 | -0.02 | -0.00 | 0.03 | 0.04 |
growth-% | 193.0 % | -234.3 % | 64.0 % | |||||
Dividend | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend ratio | 49.1 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 16.2 % | -12.8 % | -22.2 % | -17.6 % | 2.1 % | 5.1 % | 8.1 % | 9.7 % |
EBIT-% (adj.) | 10.4 % | -20.6 % | -27.3 % | -18.4 % | -4.3 % | -0.6 % | 2.8 % | 4.5 % |
EBIT-% | 8.9 % | -23.1 % | -31.6 % | -30.7 % | -5.8 % | -2.1 % | 1.4 % | 4.0 % |
ROE | 16.2 % | -28.6 % | -32.4 % | -32.9 % | -6.7 % | -2.8 % | 2.1 % | 6.5 % |
ROI | 16.4 % | -24.5 % | -30.7 % | -32.5 % | -8.0 % | -3.3 % | 2.3 % | 6.7 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 1.55 | 2.01 | 1.37 | 1.04 | 1.05 | 1.05 | 1.05 | 1.05 |
Shares | 158.1 | 158.4 | 174.5 | 174.5 | 176.0 | 176.0 | 176.0 | 176.0 |
Market cap | 244.9 | 317.7 | 239.6 | 180.8 | 185.2 | 185.2 | 185.2 | 185.2 |
Enterprise value | 233.4 | 293.1 | 183.7 | 157.9 | 170.2 | 170.4 | 166.3 | 159.3 |
EV/S | 1.1 | 2.3 | 1.4 | 1.1 | 1.1 | 1.1 | 1.0 | 0.9 |
EV/EBITDA | 6.5 | - | - | - | 53.2 | 21.0 | 12.1 | 9.1 |
EV/EBIT (adj.) | 10.2 | - | - | - | - | - | 35.1 | 19.8 |
EV/EBIT | 11.9 | - | - | - | - | - | 71.1 | 22.1 |
P/E (adj.) | 16.1 | - | - | - | - | - | 41.9 | 25.6 |
P/E | 19.0 | - | - | - | - | - | 91.9 | 29.0 |
P/B | 3.0 | 3.3 | 1.7 | 1.8 | 1.9 | 2.0 | 1.9 | 1.8 |
P/S | 1.1 | 2.4 | 1.8 | 1.3 | 1.2 | 1.2 | 1.1 | 1.0 |
Dividend yield | 2.6 % | |||||||
Equity ratio | 52.5 % | 59.6 % | 79.0 % | 73.3 % | 75.4 % | 71.7 % | 70.5 % | 69.8 % |
Gearing ratio | -14.1 % | -25.8 % | -39.9 % | -22.2 % | -15.5 % | -15.8 % | -19.7 % | -25.3 % |
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 34.8 | 34.8 | 38.0 | 142.8 | 36.2 | 37.0 | 37.5 | 40.6 | 151.3 |
EBITDA | -6.5 | -2.5 | -5.4 | -25.1 | 0.1 | -1.0 | 1.7 | 2.4 | 3.2 |
EBIT | -9.6 | -11.8 | -8.6 | -43.9 | -2.9 | -4.0 | -1.3 | -0.6 | -8.8 |
Profit before taxes | -9.2 | -11.7 | -8.9 | -43.7 | -2.6 | -3.9 | -1.2 | -0.5 | -8.3 |
Net income | -6.9 | -10.4 | -11.7 | -40.0 | -2.2 | -3.1 | -0.9 | -0.4 | -6.6 |
ShowingAll content types
WithSecure Corporation – Manager’s Transactions – Tuomas Syrjänen
WithSecure Corporation – Manager’s Transactions – Ciaran Martin
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