TIETOEVRY OYJ (TIETO.OL) Fundamental Analysis & Valuation

OSL:TIETO • FI0009000277

209 NOK
-2.4 (-1.14%)
Last: Mar 12, 2026, 10:48 AM
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 it does not seem to be growing.


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 Return On Assets of -6.25%. This is amonst the worse of the industry: TIETO underperforms 81.33% of its industry peers.
  • TIETO has a Return On Equity of -12.96%. This is in the lower half of the industry: TIETO underperforms 76.00% of its industry peers.
  • TIETO has a Return On Invested Capital (6.00%) which is comparable to the rest of the industry.
  • 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.
  • TIETO's Operating Margin has been stable in the last couple of years.
  • TIETO has a better Gross Margin (77.99%) 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 3.07. 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 3.07, 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.
  • The Debt to FCF ratio of TIETO (3.14) is comparable to the rest of the 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 (0.61) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 3.14
Altman-Z 3.07
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.
  • TIETO's Current ratio of 1.33 is in line compared to the rest of the industry. TIETO outperforms 60.00% of its industry peers.
  • TIETO has a Quick Ratio of 1.31. This is a normal value and indicates that TIETO is financially healthy and should not expect problems in meeting its short term obligations.
  • TIETO has a Quick ratio of 1.31. This is in the better half 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.
  • TIETO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.50% yearly.
  • Looking at the last year, TIETO shows a very negative growth in Revenue. The Revenue has decreased by -33.91% in the last year.
  • TIETO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -7.84% yearly.
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

  • Based on estimates for the next years, TIETO will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.71% on average per year.
  • Based on estimates for the next years, TIETO will show a small growth in Revenue. The Revenue will grow by 0.85% on average per year.
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

  • With a Price/Earnings ratio of 13.46, TIETO is valued correctly.
  • 77.33% of the companies in the same industry are more expensive than TIETO, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.15. TIETO is valued slightly cheaper when compared to this.
  • Based on the Price/Forward Earnings ratio of 11.52, the valuation of TIETO can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, TIETO is valued a bit cheaper than 69.33% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.27, TIETO is valued rather cheaply.
Industry RankSector Rank
PE 13.46
Fwd PE 11.52
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

  • Based on the Enterprise Value to EBITDA ratio, TIETO is valued a bit cheaper than the industry average as 72.00% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, TIETO is valued a bit cheaper than 68.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.89
EV/EBITDA 6.04
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

  • TIETO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.8
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

  • With a Yearly Dividend Yield of 4.64%, TIETO is a good candidate for dividend investing.
  • 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.
  • TIETO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 4.64%

5.2 History

  • On average, the dividend of TIETO grows each year by 18.70%, which is quite nice.
Dividend Growth(5Y)18.7%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • The earnings of TIETO are negative and hence is the payout ratio. TIETO will probably not be able to sustain this dividend level.
  • 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 (3/12/2026, 10:48:59 AM)

209

-2.4 (-1.14%)

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 Cap24.80B
Revenue(TTM)1.85B
Net Income(TTM)-140.50M
Analysts52.63
Price Target224.22 (7.28%)
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 13.46
Fwd PE 11.52
P/S 1.2
P/FCF 9.89
P/OCF 7.5
P/B 2.05
P/tB N/A
EV/EBITDA 6.04
EPS(TTM)15.53
EY7.43%
EPS(NY)18.15
Fwd EY8.68%
FCF(TTM)21.14
FCFY10.11%
OCF(TTM)27.86
OCFY13.33%
SpS174.39
BVpS102.04
TBVpS-41.6
PEG (NY)0.8
PEG (5Y)N/A
Graham Number188.83
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 3.07
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 13.46 and the Price/Book (PB) ratio is 2.05.


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%.