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Hyvä alkuvuosi luvassa

NETUMResearch06.03.2024, 07.58
Inderes
Discuss
Download report (PDF)This report is only available for Inderes Premium customers.

Netumin liikevaihto kasvoi vahvasti myös orgaanisesti, mutta kannattavuus oli pettymys H2:lla. Yhtiö oli kommenteissaan erityisesti luottavainen alkuvuodesta. Ohjeistus indikoi odotetusti orgaanista kasvua sekä kannattavuusparannusta vuonna 2024. Pienen kurssilaskun (10 %) ja nostettujen ennusteiden (10 %) myötä osakkeen arvostuskuva on (2024 EV/EBIT 8x ja P/E 11x) on muuttunut houkuttelevaksi.

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.

Read more on company page

Key Estimate Figures05.03.2024

202324e25e
Revenue37.146.147.4
growth-%27.2 %24.3 %2.9 %
EBIT (adj.)2.84.34.5
EBIT-% (adj.)7.4 %9.4 %9.5 %
EPS (adj.)0.160.220.27
Dividend0.000.140.16
Dividend %21.3 %24.4 %
P/E (adj.)16.72.92.5
EV/EBITDA16.12.92.5

Forum discussions

Here are comments from Joni regarding Netum’s latest news. This morning, Netum published its refined strategy and new financial targets for ...
10/12/2026, 6:18 AM
by Sijoittaja-alokas
1
Netum released this loooong release this morning, stating among other things that the company is initiating negotiations regarding potential...
10/12/2026, 5:26 AM
by Sijoittaja-alokas
0
Such a PRESS release has been published to cheer up investors. Netum to test the information security of Statistics Finland’s IT systems Netum...
9/28/2026, 7:55 PM
by Sijoittaja-alokas
1
Tässä on Jonilta yhtiöraportti Netumista negarin jälkeen. Nostamme suosituksen vähennä-tasolle (aik. myy) kurssilaskun ajamana ja laskemme tavoitehinn...
9/28/2026, 5:37 AM
by Sijoittaja-alokas
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...
9/25/2026, 5:14 AM
by Sijoittaja-alokas
3
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...
9/7/2026, 10:24 AM
by evilK
4
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...
9/7/2026, 10:03 AM
by Sijoittaja-alokas
2