TIETO Stock Analysis: TietoEVRY | HE
Information Technology Services | HE, Finland | Market Cap: 1.964m EUR | 12M Return: 25.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.50M
EPS Trend: -87.2%
Qual. Beats: 0
Rev. Trend: -92.9%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Tieto Oyj is a Finland-headquartered software and digital engineering company founded in 1968 and listed on the Helsinki Stock Exchange under the ticker TIETO. The company operates across four main segments: Tieto Tech Consulting (advisory and R&D services), Tieto Banktech (Banking-as-a-Service platforms and financial software), Tieto Caretech (healthcare and social care software), and Tieto Indtech (industry-specific software for sectors such as pulp, paper, fiber, and case management).
The company serves a broad range of industries including banking, healthcare, public sector, manufacturing, energy, and telecom, with operations concentrated in the Nordics (Finland, Sweden, Norway) alongside international markets. It was renamed from TietoEVRY Oyj to Tieto Oyj in March 2026, reflecting a renewed brand identity following the 2019 merger of Tieto and EVRY. Tieto is classified within the Information Technology sector (IT Consulting & Other Services), competing in the Nordic IT services space alongside peers such as TDC, Capgemini, and other regional digital transformation providers.
- Nordic IT consulting demand drives Tech Consulting organic growth
- Banktech faces pricing pressure from cloud-native core banking vendors
- NOK and SEK currency fluctuations impact reported Nordic revenue
| Net Income: 119.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -0.58 > 1.0 |
| NWC/Revenue: 6.59% < 20% (prev 24.17%; Δ -17.58% < -1%) |
| CFO/TA 0.11 > 3% & CFO 252.8m > Net Income 119.3m |
| Net Debt (516.2m) to EBITDA (420.3m): 1.23 < 3 |
| Current Ratio: 1.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (114.0m) vs 12m ago -3.86% < -2% |
| Gross Margin: 22.13% > 18% (prev 22.03%; Δ 0.10% > 0.5%) |
| Asset Turnover: 69.48% > 50% (prev 79.87%; Δ -10.39% > 0%) |
| Interest Coverage Ratio: 10.02 > 6 (EBIT TTM 329.5m / Interest Expense TTM 32.9m) |
| A: 0.05 (Total Current Assets 607.4m - Total Current Liabilities 489.3m) / Total Assets 2.30b |
| B: 0.10 (Retained Earnings 241.1m / Total Assets 2.30b) |
| C: 0.13 (EBIT TTM 329.5m / Avg Total Assets 2.58b) |
| D: 0.90 (Book Value of Equity 1.09b / Total Liabilities 1.21b) |
| Altman-Z'' = 2.48 = A |
| DSRI: 1.09 (Receivables 270.9m/316.4m, Revenue 1.79b/2.29b) |
| GMI: 1.00 (GM 22.03% / 22.13%) |
| AQI: 1.20 (AQ_t 0.70 / AQ_t-1 0.58) |
| SGI: 0.78 (Revenue 1.79b / 2.29b) |
| TATA: -0.06 (NI 119.3m - CFO 252.8m) / TA 2.30b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of July 28, 2026, the stock is trading at EUR 18.03 with a total of 440,479 shares traded. Over the past week, the price has changed by +2.04%, over one month by -7.06%, over three months by -2.01% and over the past year by +25.84%.
Current recommended Stop Loss: 17.20 (which is 4.6% or 1.4 ATR below the current price).
TietoEVRY has no consensus analysts rating.
P/E Trailing = 10.628
P/E Forward = 8.547
P/S = 1.0432
P/B = 1.8354
P/EG = 1.0969
Revenue TTM = 1.79b EUR
EBIT TTM = 329.5m EUR
EBITDA TTM = 420.3m EUR
Long Term Debt = 608.4m EUR (from longTermDebt, last quarter)
Short Term Debt = 13.4m EUR (from shortLongTermDebt, last quarter)
Debt = 817.7m EUR (from shortLongTermDebtTotal, last fiscal year) + Leases 69.0m
Net Debt = 516.2m EUR (calculated: Debt 817.7m - CCE 301.5m)
Enterprise Value = 2.48b EUR (1.96b + Debt 817.7m - CCE 301.5m)
Interest Coverage Ratio = 10.02 (Ebit TTM 329.5m / Interest Expense TTM 32.9m)
EV/FCF = 12.95x (Enterprise Value 2.48b / FCF TTM 191.5m)
FCF Yield = 7.72% (FCF TTM 191.5m / Enterprise Value 2.48b)
FCF Margin = 10.68% (FCF TTM 191.5m / Revenue TTM 1.79b)
Net Margin = 6.65% (Net Income TTM 119.3m / Revenue TTM 1.79b)
Gross Margin = 22.13% ((Revenue TTM 1.79b - Cost of Revenue TTM 1.40b) / Revenue TTM)
Gross Margin QoQ = 22.39% (prev 23.02%)
Tobins Q-Ratio = 1.08 (Enterprise Value 2.48b / Total Assets 2.30b)
Interest Expense / Debt = 4.02% (Interest Expense 32.9m / Debt 817.7m)
Taxrate = 20.64% (57.3m / 277.6m)
NOPAT = 261.5m (EBIT 329.5m * (1 - 20.64%))
Current Ratio = 1.24 (Total Current Assets 607.4m / Total Current Liabilities 489.3m)
Debt / Equity = 0.75 (Debt 817.7m / totalStockholderEquity, last quarter 1.09b)
Debt / EBITDA = 1.23 (Net Debt 516.2m / EBITDA 420.3m)
Debt / FCF = 2.70 (Net Debt 516.2m / FCF TTM 191.5m)
Total Stockholder Equity = 1.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.62% (Net Income 119.3m / Total Assets 2.30b)
RoE = 11.15% (Net Income TTM 119.3m / Total Stockholder Equity 1.07b)
RoCE = 19.64% (EBIT 329.5m / Capital Employed (Equity 1.07b + L.T.Debt 608.4m))
RoIC = 14.81% (NOPAT 261.5m / Invested Capital 1.77b)
WACC = 5.53% (E(1.96b)/V(2.78b) * Re(6.50%) + D(817.7m)/V(2.78b) * Rd(4.02%) * (1-Tc(0.21)))
Discount Rate = 6.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -51.86 | Cagr: -0.18%
[DCF] Terminal Value 73.10% ; FCFF base≈217.1m ; Y1≈190.3m ; Y5≈153.8m
[DCF] Fair Price = 17.32 (EV 2.47b - Net Debt 516.2m = Equity 1.95b / Shares 112.7m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -87.16 | EPS CAGR: -15.47% | SUE: -0.52 | # QB: 0
Revenue Correlation: -92.91 | Revenue CAGR: -18.34% | SUE: -0.01 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.39 | Chg30d=-8.18% | Revisions=-40% | Analysts=2
EPS current Year (2026-12-31): EPS=1.57 | Chg30d=-2.33% | Revisions=-29% | GrowthEPS=+13.3% | GrowthRev=-4.9%
EPS next Year (2027-12-31): EPS=1.67 | Chg30d=-2.49% | Revisions=-57% | GrowthEPS=+6.2% | GrowthRev=+1.3%
[Analyst] Revisions Ratio: -62% (up=1, down=9)