TIETOEVRY OYJ (TIETO.OL) Stock Fundamental Analysis

OSL:TIETO • FI0009000277

204 NOK
-3.6 (-1.73%)
Last: Mar 3, 2026, 07:00 PM
Fundamental Rating

5

Overall TIETO gets a fundamental rating of 5 out of 10. We evaluated TIETO against 75 industry peers in the IT Services industry. TIETO has only an average score on both its financial health and profitability. TIETO is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

1. Profitability

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.
  • In the past 5 years TIETO always reported a positive cash flow from operatings.
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

  • With a Return On Assets value of -6.25%, TIETO is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
  • Looking at the Return On Equity, with a value of -12.96%, TIETO is doing worse than 76.00% of the companies in the same industry.
  • TIETO has a worse Return On Invested Capital (6.00%) than 60.00% of its industry peers.
  • TIETO had an Average Return On Invested Capital over the past 3 years of 5.48%. This is significantly below the industry average of 11.55%.
  • The 3 year average ROIC (5.48%) for TIETO is below the current ROIC(6.00%), indicating increased profibility in the last year.
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 Operating Margin of 8.69%. This is in the better half of the industry: TIETO outperforms 62.67% 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

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TIETO is destroying value.
  • The number of shares outstanding for TIETO remains at a similar level compared to 1 year ago.
  • The number of shares outstanding for TIETO remains at a similar level compared to 5 years ago.
  • The debt/assets ratio for TIETO has been reduced compared to a year ago.
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

  • An Altman-Z score of 3.05 indicates that TIETO is not in any danger for bankruptcy at the moment.
  • TIETO's Altman-Z score of 3.05 is fine compared to the rest of the industry. TIETO outperforms 65.33% of its industry peers.
  • 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.
  • TIETO has a Debt to FCF ratio (3.14) which is in line with its industry peers.
  • A Debt/Equity ratio of 0.61 indicates that TIETO is somewhat dependend on debt financing.
  • The Debt to Equity ratio of TIETO (0.61) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 3.14
Altman-Z 3.05
ROIC/WACC0.78
WACC7.72%
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.
  • With a Current ratio value of 1.33, TIETO perfoms like the industry average, outperforming 58.67% of the companies in the same industry.
  • A Quick Ratio of 1.31 indicates that TIETO should not have too much problems paying 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

3

3. Growth

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.
  • TIETO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -33.91%.
  • 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

  • The Earnings Per Share is expected to grow by 10.25% on average over the next years. This is quite good.
  • Based on estimates for the next years, TIETO will show a small growth in Revenue. The Revenue will grow by 1.02% on average per year.
EPS Next Y10.3%
EPS Next 2Y9.11%
EPS Next 3Y10.25%
EPS Next 5YN/A
Revenue Next Year-3.24%
Revenue Next 2Y-0.26%
Revenue Next 3Y1.02%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • 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

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 13.11, the valuation of TIETO can be described as correct.
  • Based on the Price/Earnings ratio, TIETO is valued a bit cheaper than the industry average as 73.33% of the companies are valued more expensively.
  • TIETO is valuated cheaply when we compare the Price/Earnings ratio to 26.83, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 11.89, the valuation of TIETO can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, TIETO is valued a bit cheaper than 64.00% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.95. TIETO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 13.11
Fwd PE 11.89
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TIETO indicates a somewhat cheap valuation: TIETO is cheaper than 69.33% of the companies listed in the same industry.
  • 66.67% of the companies in the same industry are more expensive than TIETO, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 9.63
EV/EBITDA 5.94
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 PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.27
PEG (5Y)N/A
EPS Next 2Y9.11%
EPS Next 3Y10.25%

6

5. Dividend

5.1 Amount

  • TIETO has a Yearly Dividend Yield of 4.76%, which is a nice return.
  • TIETO's Dividend Yield is rather good when compared to the industry average which is at 2.39. TIETO pays more dividend than 85.33% of the companies 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 4.76%

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

  • 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 2Y9.11%
EPS Next 3Y10.25%
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

TIETOEVRY OYJ

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

204

-3.6 (-1.73%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)02-12
Earnings (Next)04-29
Inst Owners54.53%
Inst Owner ChangeN/A
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap24.20B
Revenue(TTM)1.85B
Net Income(TTM)-140.50M
Analysts51.11
Price Target224.22 (9.91%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.76%
Yearly Dividend16.81
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)3.77%
PT rev (3m)5.37%
EPS NQ rev (1m)4.5%
EPS NQ rev (3m)16.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.09%
Revenue NQ rev (1m)-0.71%
Revenue NQ rev (3m)93.52%
Revenue NY rev (1m)-3.49%
Revenue NY rev (3m)-9.26%
Valuation
Industry RankSector Rank
PE 13.11
Fwd PE 11.89
P/S 1.17
P/FCF 9.63
P/OCF 7.31
P/B 2
P/tB N/A
EV/EBITDA 5.94
EPS(TTM)15.56
EY7.63%
EPS(NY)17.16
Fwd EY8.41%
FCF(TTM)21.18
FCFY10.38%
OCF(TTM)27.91
OCFY13.68%
SpS174.72
BVpS102.23
TBVpS-41.68
PEG (NY)1.27
PEG (5Y)N/A
Graham Number189.19
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 3.05
F-Score4
WACC7.72%
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 Y10.3%
EPS Next 2Y9.11%
EPS Next 3Y10.25%
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-3.24%
Revenue Next 2Y-0.26%
Revenue Next 3Y1.02%
Revenue Next 5YN/A
EBIT growth 1Y-30.15%
EBIT growth 3Y-16.86%
EBIT growth 5Y-6.76%
EBIT Next Year55.09%
EBIT Next 3Y18.09%
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 13.11 and the Price/Book (PB) ratio is 2.


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%.