Vincit Oyj

Chart & Performance

D1W1MN

P/E

—

P/S

0.29

EPS

—

Div Yield, %

9.23%

Shrs. gr., 5y

7.94%

Rev. gr., 5y

17.68%

Revenues

98m

+15.68%

Net income

-3m

CFO

+114.15%

Dividend

Mar 21, 20240.1 EUR/sh

Profile

Vincit Oyj provides service design and software development services in Finland. Its service design and software development services include e-commerce and web application, product experience management, cloud platforms, mobile applications, IoT solutions and embedded, medical and well-being, and agile solutions. It also provides digital platform and lifecycle services, such as monitoring and maintenance, application lifecycle management and development, cloud capacity and DevOps, and integration platform solutions, as well as security, architecture, and code audits solutions. The company was formerly known as Vincit Group Oyj and changed its name to Vincit Oyj in May 2018. Vincit Oyj was incorporated in 2007 and is based in Tampere, Finland.

URL

https://www.vincit.com/

IPO date

Oct 17, 2016

Employees

766

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	98,085 15.68%	84,789 37.84%	61,510 17.49%
Cost of revenue	61,416	5,733	6,278
Unusual Expense (Income)
NOPBT	36,669	79,056	55,232
NOPBT Margin	37.38%	93.24%	89.79%
Operating Taxes	441	388	959
Tax Rate	1.20%	0.49%	1.74%
NOPAT	36,228	78,668	54,273
Net income	(2,853)		3,476 -20.41%
Dividends	(2,584)	(2,844)	(2,281)
Dividend yield	4.75%	4.63%	2.31%
Proceeds from repurchase of equity	135	297	554
BB yield	-0.25%	-0.48%	-0.56%
Debt
Debt current	27
Long-term debt	79	152
Deferred revenue
Other long-term liabilities
Net debt	(12,052)	(12,034)	(10,086)
Cash flow
Cash from operating activities	5,256	2,455	5,526
CAPEX	(1,007)
Cash from investing activities	(903)
Cash from financing activities	(2,499)
FCF	40,473	76,266	54,230
Balance
Cash	12,158	10,320	8,659
Long term investments		1,866	1,427
Excess cash	7,254	7,947	7,010
Stockholders' equity	36,116	41,556	27,433
Invested Capital	28,968	33,662	19,871
ROIC	115.69%	293.91%	293.13%
ROCE	101.23%	190.00%	205.47%
EV
Common stock shares outstanding	16,908	14,748	12,310
Price	3.22 -22.60%	4.16 -48.13%	8.02 11.70%
Market cap	54,443 -11.26%	61,353 -37.86%	98,729 13.25%
EV	42,413	49,611	89,498
EBITDA	40,833	82,440	57,577
EV/EBITDA	1.04	0.60	1.55
Interest		190
Interest/NOPBT		0.24%