Financials F-Secure Oyj Börse Stuttgart

Equities

3I6

FI4000519236

Software

Real-time Estimate Tradegate 02:54:41 01/07/2024 pm IST 5-day change 1st Jan Change
1.957 EUR +1.08% Intraday chart for F-Secure Oyj -0.72% -4.16%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 493.9 355.5 338.9 - -
Enterprise Value (EV) 1 474.6 532.9 502.1 483 465.4
P/E ratio 16.6 x 15.7 x 14.5 x 12 x 10.2 x
Yield 2.47% 3.44% 3.99% 5.15% 5.93%
Capitalization / Revenue 4.45 x 2.73 x 2.29 x 2.2 x 2.12 x
EV / Revenue 4.28 x 4.09 x 3.39 x 3.14 x 2.91 x
EV / EBITDA 10.7 x 11.7 x 9.4 x 8.35 x 7.42 x
EV / FCF 14.9 x -2.87 x 16.1 x 14.1 x 12.3 x
FCF Yield 6.69% -34.8% 6.21% 7.09% 8.11%
Price to Book 20.2 x 10.7 x 7.64 x 5.74 x 4.24 x
Nbr of stocks (in thousands) 1,74,527 1,74,673 1,74,673 - -
Reference price 2 2.830 2.035 1.940 1.940 1.940
Announcement Date 17/02/23 16/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 106.3 111 130.4 148.2 154 159.9
EBITDA 1 - 44.51 45.65 53.4 57.84 62.73
EBIT 1 - 42.53 37.45 41.05 45.16 49.53
Operating Margin - 38.31% 28.73% 27.71% 29.33% 30.98%
Earnings before Tax (EBT) 1 - 38.56 27.68 29.71 35.84 42.33
Net income 1 -25.5 30.15 22.36 23.31 28.12 33
Net margin -23.99% 27.16% 17.15% 15.74% 18.26% 20.64%
EPS 2 - 0.1700 0.1300 0.1341 0.1620 0.1905
Free Cash Flow 1 - 31.75 -185.6 31.17 34.27 37.73
FCF margin - 28.6% -142.34% 21.04% 22.25% 23.6%
FCF Conversion (EBITDA) - 71.33% - 58.36% 59.25% 60.15%
FCF Conversion (Net income) - 105.29% - 133.68% 121.86% 114.34%
Dividend per Share 2 - 0.0700 0.0700 0.0775 0.1000 0.1150
Announcement Date 16/05/22 17/02/23 16/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3 2022 Q4 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 26.3 27.9 28.25 30.52 35.13 36.91 36.38 37.5 36.67 37.97
EBITDA 1 10.1 11.7 10.02 10.16 13.06 11.96 12.96 12.6 14.45 13.55
EBIT 1 9.7 11.1 9.405 9.4 9.988 7.061 9.982 10.3 11 10.35
Operating Margin 36.88% 39.78% 33.29% 30.8% 28.43% 19.13% 27.44% 27.47% 30% 27.26%
Earnings before Tax (EBT) 1 6.8 11.2 8.898 8.461 7.161 3.63 7.095 6.5 8.55 7.7
Net income 1 5.3 8.7 6.888 6.978 5.408 3.207 5.531 5.05 6.65 6.05
Net margin 20.15% 31.18% 24.38% 22.86% 15.39% 8.69% 15.2% 13.47% 18.14% 15.94%
EPS 2 0.0300 0.0500 0.0400 0.0400 0.0300 0.0200 0.0300 0.0300 0.0400 0.0367
Dividend per Share - - - - - - - - - -
Announcement Date 20/07/22 31/10/22 17/02/23 20/07/23 25/10/23 16/02/24 26/04/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 177 163 144 127
Net Cash position 1 - 19.3 - - - -
Leverage (Debt/EBITDA) - - 3.886 x 3.056 x 2.492 x 2.016 x
Free Cash Flow 1 - 31.7 -186 31.2 34.3 37.7
ROE (net income / shareholders' equity) - 176% 38.6% 60.3% 54.5% 49.6%
ROA (Net income/ Total Assets) - 59.3% 6.62% 8.5% 9.97% 11.3%
Assets 1 - 50.81 337.9 274.4 281.9 291.7
Book Value Per Share 2 - 0.1400 0.1900 0.2500 0.3400 0.4600
Cash Flow per Share 2 - 0.2100 0.1700 0.2400 0.2400 0.3000
Capex 1 - 4.63 7.92 10 10.3 10.5
Capex / Sales - 4.17% 6.07% 6.77% 6.66% 6.59%
Announcement Date 16/05/22 17/02/23 16/02/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
1.94 EUR
Average target price
2.567 EUR
Spread / Average Target
+32.30%
Consensus