Napsu varovaisuutta epävarmassa tilanteessa

WITTEDResearch16.02.2024, 08.20

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Wittedin asiantuntijamäärä putosi odotuksiamme enemmän tammikuussa ja yhtiö aloitti uudet muutosneuvottelut saavuttaakseen kannattavuustavoitteensa vaikeassa markkinatilanteessa. Lyhyen aikavälin liikevaihtoennusteemme laskivat selkeästi uutisten seurauksena, mutta näemme kannattavuusparannuksen olevan aiempaa tukevammalla pohjalla. Arvostustaso on hyvin matala ja näemme tuotto-odotuksen selkeästi positiivisena, mutta tämän vastapainona riskitaso pysyy korkealla vielä pidempään ja yhtiön ennustettavuus on lyhyellä aikavälillä hyvin matala.

Witted Megacorp is an IT consulting company. The company offers a wide range of consulting services and IT solutions, mainly services related to project and business development. The solutions are used by a number of corporate customers in various sectors. In addition to the main business, various ancillary services are offered. The largest operations are found in the Nordic market.

Key Estimate Figures16.02.2024

	2023	24e	25e
Revenue	64.1	56.5	62.1
growth-%	21.2 %	-11.9 %	10.0 %
EBIT (adj.)	-0.2	1.5	2.7
EBIT-% (adj.)	-0.2 %	2.6 %	4.4 %
EPS (adj.)	-0.01	0.09	0.15
Dividend	0.00	0.00	0.00
Dividend %
P/E (adj.)	neg.	17.7	10.3
EV/EBITDA	neg.	11.0	4.9

Forum discussions

Perhaps so, but maybe some other tasks will take their place. Time will tell. However, one could imagine that this is now separating the wheat...

8/8/2026, 6:24 PM

by MoneyWalker

The importance of expanding abroad has been shouted by investors for years, but companies have either not found a way to implement it or have...

8/8/2026, 4:37 PM

by Pohjolan Eka

Valuable analysis @Harri_Sieppi, I hope you continue this now that you don’t have to be so careful with your wording. Let’s hope you’re right...

8/8/2026, 10:09 AM

by Seinäkadun Keisari

Expectations for Q2 Great reflections, @JHeiskanen. To start, I am currently following the company from the outside and have access to exactly...

8/8/2026, 9:39 AM

by Harri Sieppi

Interesting reflections from both of you My own thesis regarding the company leans more toward @Karhu_Hylje’s position. These IT firms on the...

8/5/2026, 7:42 AM

by Putti

It’s funny that we have the exact opposite thoughts. I’m quite optimistic about the profitability. There is a good momentum in the company, ...

8/5/2026, 7:00 AM

by JHeiskanen

Some good points there. This year we might be reaching that weak-scenario profitability level, and I personally think that in a weak scenario...

8/5/2026, 4:10 AM

by Karhu Hylje

Napsu varovaisuutta epävarmassa tilanteessa

WITTEDResearch16.02.2024, 08.20

Frans-Mikael Rostedt, Antti Luiro

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Key Estimate Figures16.02.2024

	2023	24e	25e
Revenue	64.1	56.5	62.1
growth-%	21.2 %	-11.9 %	10.0 %
EBIT (adj.)	-0.2	1.5	2.7
EBIT-% (adj.)	-0.2 %	2.6 %	4.4 %
EPS (adj.)	-0.01	0.09	0.15
Dividend	0.00	0.00	0.00
Dividend %
P/E (adj.)	neg.	17.7	10.3
EV/EBITDA	neg.	11.0	4.9