TIETOEVRY OYJ (TIETO.OL) Fundamental Analysis & Valuation

OSL:TIETO • FI0009000277

212.8 NOK
+0.8 (+0.38%)
Last: Mar 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This TIETO.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Taking everything into account, TIETO scores 5 out of 10 in our fundamental rating. TIETO was compared to 75 industry peers in the IT Services industry. TIETO has only an average score on both its financial health and profitability. TIETO has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. TIETO.OL Profitability Analysis

1.1 Basic Checks

  • TIETO had positive earnings in the past year.
  • TIETO had a positive operating cash flow in the past year.
  • In multiple years TIETO reported negative net income over the last 5 years.
  • TIETO had a positive operating cash flow in each of the past 5 years.
TIETO.OL Yearly Net Income VS EBIT VS OCF VS FCFTIETO.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M 300M

1.2 Ratios

  • TIETO has a worse Return On Assets (-6.25%) than 81.33% of its industry peers.
  • With a Return On Equity value of -12.96%, TIETO is not doing good in the industry: 76.00% of the companies in the same industry are doing better.
  • TIETO has a Return On Invested Capital (6.00%) which is in line with its industry peers.
  • The Average Return On Invested Capital over the past 3 years for TIETO is significantly below the industry average of 11.13%.
  • The last Return On Invested Capital (6.00%) for TIETO is above the 3 year average (5.48%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -6.25%
ROE -12.96%
ROIC 6%
ROA(3y)-1.14%
ROA(5y)2.05%
ROE(3y)-2.37%
ROE(5y)3.97%
ROIC(3y)5.48%
ROIC(5y)6.27%
TIETO.OL Yearly ROA, ROE, ROICTIETO.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • TIETO has a better Operating Margin (8.69%) than 64.00% of its industry peers.
  • In the last couple of years the Operating Margin of TIETO has remained more or less at the same level.
  • The Gross Margin of TIETO (77.99%) is better than 72.00% of its industry peers.
  • TIETO's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 8.69%
PM (TTM) N/A
GM 77.99%
OM growth 3Y-3.15%
OM growth 5Y1.17%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.39%
GM growth 5Y0.71%
TIETO.OL Yearly Profit, Operating, Gross MarginsTIETO.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. TIETO.OL Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TIETO is destroying value.
  • TIETO has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, TIETO has about the same amount of shares outstanding.
  • TIETO has a better debt/assets ratio than last year.
TIETO.OL Yearly Shares OutstandingTIETO.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
TIETO.OL Yearly Total Debt VS Total AssetsTIETO.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • TIETO has an Altman-Z score of 3.08. This indicates that TIETO is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.08, TIETO is in the better half of the industry, outperforming 68.00% of the companies in the same industry.
  • TIETO has a debt to FCF ratio of 3.14. This is a good value and a sign of high solvency as TIETO would need 3.14 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.14, TIETO is in line with its industry, outperforming 56.00% of the companies in the same industry.
  • TIETO has a Debt/Equity ratio of 0.61. This is a neutral value indicating TIETO is somewhat dependend on debt financing.
  • TIETO has a Debt to Equity ratio of 0.61. This is comparable to the rest of the industry: TIETO outperforms 48.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 3.14
Altman-Z 3.08
ROIC/WACC0.78
WACC7.73%
TIETO.OL Yearly LT Debt VS Equity VS FCFTIETO.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.3 Liquidity

  • TIETO has a Current Ratio of 1.33. This is a normal value and indicates that TIETO is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of TIETO (1.33) is comparable to the rest of the industry.
  • A Quick Ratio of 1.31 indicates that TIETO should not have too much problems paying its short term obligations.
  • TIETO's Quick ratio of 1.31 is fine compared to the rest of the industry. TIETO outperforms 65.33% of its industry peers.
Industry RankSector Rank
Current Ratio 1.33
Quick Ratio 1.31
TIETO.OL Yearly Current Assets VS Current LiabilitesTIETO.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. TIETO.OL Growth Analysis

3.1 Past

  • The earnings per share for TIETO have decreased strongly by -27.60% in the last year.
  • The Earnings Per Share has been decreasing by -9.50% on average over the past years.
  • The Revenue for TIETO has decreased by -33.91% in the past year. This is quite bad
  • Measured over the past years, TIETO shows a decrease in Revenue. The Revenue has been decreasing by -7.84% on average per year.
EPS 1Y (TTM)-27.6%
EPS 3Y-16.06%
EPS 5Y-9.5%
EPS Q2Q%-10.2%
Revenue 1Y (TTM)-33.91%
Revenue growth 3Y-14.16%
Revenue growth 5Y-7.84%
Sales Q2Q%-33.56%

3.2 Future

  • TIETO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.71% yearly.
  • TIETO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.85% yearly.
EPS Next Y16.89%
EPS Next 2Y12.9%
EPS Next 3Y10.71%
EPS Next 5YN/A
Revenue Next Year-3.82%
Revenue Next 2Y-0.66%
Revenue Next 3Y0.85%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
TIETO.OL Yearly Revenue VS EstimatesTIETO.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B
TIETO.OL Yearly EPS VS EstimatesTIETO.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5 2

More info and screens

Find the best growth stocksShow best growing peers

6

4. TIETO.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 13.70 indicates a correct valuation of TIETO.
  • TIETO's Price/Earnings ratio is a bit cheaper when compared to the industry. TIETO is cheaper than 76.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, TIETO is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 11.72, which indicates a very decent valuation of TIETO.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of TIETO indicates a somewhat cheap valuation: TIETO is cheaper than 70.67% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.60. TIETO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 13.7
Fwd PE 11.72
TIETO.OL Price Earnings VS Forward Price EarningsTIETO.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 70.67% of the companies in the same industry are more expensive than TIETO, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of TIETO indicates a somewhat cheap valuation: TIETO is cheaper than 68.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 10.07
EV/EBITDA 6.07
TIETO.OL Per share dataTIETO.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.81
PEG (5Y)N/A
EPS Next 2Y12.9%
EPS Next 3Y10.71%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. TIETO.OL Dividend Analysis

5.1 Amount

  • TIETO has a Yearly Dividend Yield of 4.64%, which is a nice return.
  • Compared to an average industry Dividend Yield of 2.56, TIETO pays a better dividend. On top of this TIETO pays more dividend than 84.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, TIETO pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.64%

5.2 History

  • The dividend of TIETO is nicely growing with an annual growth rate of 18.70%!
Dividend Growth(5Y)18.7%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • TIETO has negative earnings and hence a negative payout ratio. The dividend may be in danger.
  • The dividend of TIETO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-126.48%
EPS Next 2Y12.9%
EPS Next 3Y10.71%
TIETO.OL Yearly Income VS Free CF VS DividendTIETO.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M

More info and screens

Find the best dividend stocksShow peers with best dividend

TIETO.OL Fundamentals: All Metrics, Ratios and Statistics

TIETOEVRY OYJ

OSL:TIETO (3/6/2026, 7:00:00 PM)

212.8

+0.8 (+0.38%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)02-12
Earnings (Next)04-29
Inst Owners55.49%
Inst Owner ChangeN/A
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap25.25B
Revenue(TTM)1.85B
Net Income(TTM)-140.50M
Analysts52.63
Price Target224.22 (5.37%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.64%
Yearly Dividend16.75
Dividend Growth(5Y)18.7%
DP-126.48%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.45%
Min EPS beat(2)4.7%
Max EPS beat(2)6.19%
EPS beat(4)2
Avg EPS beat(4)-14.5%
Min EPS beat(4)-39.07%
Max EPS beat(4)6.19%
EPS beat(8)2
Avg EPS beat(8)-10.08%
EPS beat(12)2
Avg EPS beat(12)-9.2%
EPS beat(16)4
Avg EPS beat(16)-6.85%
Revenue beat(2)0
Avg Revenue beat(2)-2.11%
Min Revenue beat(2)-2.64%
Max Revenue beat(2)-1.58%
Revenue beat(4)0
Avg Revenue beat(4)-8.94%
Min Revenue beat(4)-28.15%
Max Revenue beat(4)-1.58%
Revenue beat(8)0
Avg Revenue beat(8)-6.44%
Revenue beat(12)0
Avg Revenue beat(12)-5.77%
Revenue beat(16)0
Avg Revenue beat(16)-4.73%
PT rev (1m)4.48%
PT rev (3m)4.73%
EPS NQ rev (1m)5.5%
EPS NQ rev (3m)9.9%
EPS NY rev (1m)5.97%
EPS NY rev (3m)0.48%
Revenue NQ rev (1m)-0.9%
Revenue NQ rev (3m)93.51%
Revenue NY rev (1m)-4.07%
Revenue NY rev (3m)-9.27%
Valuation
Industry RankSector Rank
PE 13.7
Fwd PE 11.72
P/S 1.22
P/FCF 10.07
P/OCF 7.64
P/B 2.08
P/tB N/A
EV/EBITDA 6.07
EPS(TTM)15.53
EY7.3%
EPS(NY)18.15
Fwd EY8.53%
FCF(TTM)21.14
FCFY9.93%
OCF(TTM)27.87
OCFY13.09%
SpS174.43
BVpS102.06
TBVpS-41.61
PEG (NY)0.81
PEG (5Y)N/A
Graham Number188.85
Profitability
Industry RankSector Rank
ROA -6.25%
ROE -12.96%
ROCE 8.9%
ROIC 6%
ROICexc 6.51%
ROICexgc 76.8%
OM 8.69%
PM (TTM) N/A
GM 77.99%
FCFM 12.12%
ROA(3y)-1.14%
ROA(5y)2.05%
ROE(3y)-2.37%
ROE(5y)3.97%
ROIC(3y)5.48%
ROIC(5y)6.27%
ROICexc(3y)5.97%
ROICexc(5y)6.94%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)8.49%
ROCE(5y)9.52%
ROICexgc growth 3Y-17.47%
ROICexgc growth 5Y-6.31%
ROICexc growth 3Y-7.16%
ROICexc growth 5Y1.14%
OM growth 3Y-3.15%
OM growth 5Y1.17%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.39%
GM growth 5Y0.71%
F-Score4
Asset Turnover0.82
Health
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 3.14
Debt/EBITDA 1.43
Cap/Depr 23.68%
Cap/Sales 3.85%
Interest Coverage 3.89
Cash Conversion 63.98%
Profit Quality N/A
Current Ratio 1.33
Quick Ratio 1.31
Altman-Z 3.08
F-Score4
WACC7.73%
ROIC/WACC0.78
Cap/Depr(3y)33.57%
Cap/Depr(5y)39.8%
Cap/Sales(3y)3.79%
Cap/Sales(5y)3.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-27.6%
EPS 3Y-16.06%
EPS 5Y-9.5%
EPS Q2Q%-10.2%
EPS Next Y16.89%
EPS Next 2Y12.9%
EPS Next 3Y10.71%
EPS Next 5YN/A
Revenue 1Y (TTM)-33.91%
Revenue growth 3Y-14.16%
Revenue growth 5Y-7.84%
Sales Q2Q%-33.56%
Revenue Next Year-3.82%
Revenue Next 2Y-0.66%
Revenue Next 3Y0.85%
Revenue Next 5YN/A
EBIT growth 1Y-30.15%
EBIT growth 3Y-16.86%
EBIT growth 5Y-6.76%
EBIT Next Year55.92%
EBIT Next 3Y18.43%
EBIT Next 5YN/A
FCF growth 1Y-6.5%
FCF growth 3Y7.34%
FCF growth 5Y-3.71%
OCF growth 1Y-9.15%
OCF growth 3Y2.24%
OCF growth 5Y-3.56%

TIETOEVRY OYJ / TIETO.OL FAQ

What is the fundamental rating for TIETO stock?

ChartMill assigns a fundamental rating of 5 / 10 to TIETO.OL.


Can you provide the valuation status for TIETOEVRY OYJ?

ChartMill assigns a valuation rating of 6 / 10 to TIETOEVRY OYJ (TIETO.OL). This can be considered as Fairly Valued.


What is the profitability of TIETO stock?

TIETOEVRY OYJ (TIETO.OL) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for TIETO stock?

The Price/Earnings (PE) ratio for TIETOEVRY OYJ (TIETO.OL) is 13.7 and the Price/Book (PB) ratio is 2.08.


Is the dividend of TIETOEVRY OYJ sustainable?

The dividend rating of TIETOEVRY OYJ (TIETO.OL) is 6 / 10 and the dividend payout ratio is -126.48%.