Bittium Oyj Logo

Bittium Oyj

BITTI.HE

(2.2)
Stock Price

6,68 EUR

0.22% ROA

-5.72% ROE

659.71x PER

Market Cap.

166.908.253,00 EUR

19.39% DER

1.07% Yield

-4.72% NPM

Bittium Oyj Stock Analysis

Bittium Oyj Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Bittium Oyj Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (19%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

3 ROE

ROE in an average range (0.22%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (0.22%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.26x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Dividend Growth

Investors can be encouraged by the company's strong dividend growth over the past three years, highlighting its ability to generate consistent returns and provide an attractive investment opportunity.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (961) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

Bittium Oyj Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Bittium Oyj Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Bittium Oyj Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Bittium Oyj Revenue
Year Revenue Growth
2002 105.028.000
2003 148.584.000 29.31%
2004 202.608.000 26.66%
2005 212.497.000 4.65%
2006 181.477.000 -17.09%
2007 144.304.000 -25.76%
2008 172.264.000 16.23%
2009 153.764.000 -12.03%
2010 161.766.000 4.95%
2011 162.175.000 0.25%
2012 185.410.000 12.53%
2013 199.281.000 6.96%
2014 224.136.000 11.09%
2015 56.813.000 -294.52%
2016 64.193.000 11.5%
2017 51.637.000 -24.32%
2018 62.840.000 17.83%
2019 0 0%
2020 78.385.000 100%
2021 86.868.000 9.77%
2022 82.464.000 -5.34%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Bittium Oyj Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Bittium Oyj General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 41.496.000
2003 52.234.000 20.56%
2004 69.795.000 25.16%
2005 83.504.000 16.42%
2006 93.678.000 10.86%
2007 96.501.000 2.93%
2008 104.018.000 7.23%
2009 0 0%
2010 0 0%
2011 0 0%
2012 3.667.000 100%
2013 2.668.000 -37.44%
2014 5.482.000 51.33%
2015 1.892.000 -189.75%
2016 2.434.000 22.27%
2017 2.625.000 7.28%
2018 3.080.000 14.77%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Bittium Oyj EBITDA
Year EBITDA Growth
2002 2.020.000
2003 25.829.000 92.18%
2004 46.527.000 44.49%
2005 36.001.000 -29.24%
2006 12.150.000 -196.3%
2007 -4.365.000 378.35%
2008 -26.345.000 83.43%
2009 8.447.000 411.89%
2010 146.312.000 94.23%
2011 4.673.000 -3031.01%
2012 9.901.000 52.8%
2013 16.506.000 40.02%
2014 24.470.000 32.55%
2015 7.234.000 -238.26%
2016 5.669.000 -27.61%
2017 -2.230.000 354.22%
2018 6.204.000 135.94%
2019 0 0%
2020 13.362.000 100%
2021 13.339.000 -0.17%
2022 10.670.000 -25.01%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Bittium Oyj Gross Profit
Year Gross Profit Growth
2002 69.148.000
2003 105.695.000 34.58%
2004 148.701.000 28.92%
2005 160.917.000 7.59%
2006 144.298.000 -11.52%
2007 134.197.000 -7.53%
2008 154.274.000 13.01%
2009 146.046.000 -5.63%
2010 146.312.000 0.18%
2011 150.897.000 3.04%
2012 178.445.000 15.44%
2013 186.841.000 4.49%
2014 207.922.000 10.14%
2015 51.475.000 -303.93%
2016 59.517.000 13.51%
2017 46.378.000 -28.33%
2018 52.963.000 12.43%
2019 0 0%
2020 57.538.000 100%
2021 64.087.000 10.22%
2022 62.733.000 -2.16%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Bittium Oyj Net Profit
Year Net Profit Growth
2002 -4.458.000
2003 8.123.000 154.88%
2004 23.326.000 65.18%
2005 18.821.000 -23.94%
2006 74.223.000 74.64%
2007 -6.890.000 1177.26%
2008 -49.492.000 86.08%
2009 -2.036.000 -2330.84%
2010 -15.664.000 87%
2011 -5.077.000 -208.53%
2012 2.267.000 323.95%
2013 30.946.000 92.67%
2014 12.515.000 -147.27%
2015 541.323.000 97.69%
2016 3.505.000 -15344.31%
2017 -3.108.000 212.77%
2018 4.024.000 177.24%
2019 0 0%
2020 2.181.000 100%
2021 3.324.000 34.39%
2022 253.000 -1213.83%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Bittium Oyj Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 1 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 5 100%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Bittium Oyj Free Cashflow
Year Free Cashflow Growth
2002 -53.619.000
2003 17.686.000 403.17%
2004 22.256.000 20.53%
2005 20.852.000 -6.73%
2006 -4.666.000 546.89%
2007 -37.286.000 87.49%
2008 -29.093.000 -28.16%
2009 -2.321.000 -1153.47%
2010 -6.392.000 63.69%
2011 -5.175.000 -23.52%
2012 -978.000 -429.14%
2013 28.744.000 103.4%
2014 1.187.000 -2321.57%
2015 -4.747.000 125.01%
2016 -2.800.000 -69.54%
2017 -18.130.000 84.56%
2018 -20.203.000 10.26%
2019 -8.769.000 -130.39%
2020 -9.022.000 2.8%
2021 -133.000 -6683.46%
2022 -26.000 -411.54%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Bittium Oyj Operating Cashflow
Year Operating Cashflow Growth
2002 -17.189.000
2003 21.631.000 179.46%
2004 45.270.000 52.22%
2005 26.301.000 -72.12%
2006 -1.000 2630200%
2007 -27.064.000 100%
2008 -24.674.000 -9.69%
2009 392.000 6394.39%
2010 1.467.000 73.28%
2011 5.266.000 72.14%
2012 8.071.000 34.75%
2013 34.687.000 76.73%
2014 10.512.000 -229.98%
2015 2.107.000 -398.91%
2016 -2.800.000 175.25%
2017 -45.000 -6122.22%
2018 -548.000 91.79%
2019 9.649.000 105.68%
2020 6.903.000 -39.78%
2021 8.278.000 16.61%
2022 8.021.000 -3.2%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Bittium Oyj Capital Expenditure
Year Capital Expenditure Growth
2002 36.430.000
2003 3.945.000 -823.45%
2004 23.014.000 82.86%
2005 5.449.000 -322.35%
2006 4.665.000 -16.81%
2007 10.222.000 54.36%
2008 4.419.000 -131.32%
2009 2.713.000 -62.88%
2010 7.859.000 65.48%
2011 10.441.000 24.73%
2012 9.049.000 -15.38%
2013 5.943.000 -52.26%
2014 9.325.000 36.27%
2015 6.854.000 -36.05%
2016 0 0%
2017 18.085.000 100%
2018 19.655.000 7.99%
2019 18.418.000 -6.72%
2020 15.925.000 -15.65%
2021 8.411.000 -89.34%
2022 8.047.000 -4.52%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Bittium Oyj Equity
Year Equity Growth
2002 68.517.000
2003 80.373.000 14.75%
2004 107.231.000 25.05%
2005 118.406.000 9.44%
2006 184.348.000 35.77%
2007 165.651.000 -11.29%
2008 115.123.000 -43.89%
2009 112.396.000 -2.43%
2010 71.232.000 -57.79%
2011 65.509.000 -8.74%
2012 66.594.000 1.63%
2013 81.728.000 18.52%
2014 93.407.000 12.5%
2015 137.582.000 32.11%
2016 130.615.000 -5.33%
2017 116.678.000 -11.94%
2018 110.035.000 -6.04%
2019 112.327.000 2.04%
2020 114.247.000 1.68%
2021 116.815.000 2.2%
2022 115.774.000 -0.9%
2023 110.100.000 -5.15%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Bittium Oyj Assets
Year Assets Growth
2002 141.593.000
2003 142.350.000 0.53%
2004 175.019.000 18.67%
2005 193.647.000 9.62%
2006 262.803.000 26.31%
2007 236.114.000 -11.3%
2008 180.520.000 -30.8%
2009 160.172.000 -12.7%
2010 124.881.000 -28.26%
2011 115.150.000 -8.45%
2012 142.730.000 19.32%
2013 144.354.000 1.13%
2014 166.817.000 13.47%
2015 159.378.000 -4.67%
2016 153.292.000 -3.97%
2017 138.387.000 -10.77%
2018 132.404.000 -4.52%
2019 154.250.000 14.16%
2020 158.033.000 2.39%
2021 166.150.000 4.89%
2022 169.656.000 2.07%
2023 161.200.000 -5.25%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Bittium Oyj Liabilities
Year Liabilities Growth
2002 67.396.000
2003 60.034.000 -12.26%
2004 66.919.000 10.29%
2005 71.671.000 6.63%
2006 74.241.000 3.46%
2007 70.463.000 -5.36%
2008 65.397.000 -7.75%
2009 47.339.000 -38.15%
2010 52.394.000 9.65%
2011 48.137.000 -8.84%
2012 73.628.000 34.62%
2013 62.626.000 -17.57%
2014 73.410.000 14.69%
2015 21.796.000 -236.8%
2016 22.677.000 3.88%
2017 21.709.000 -4.46%
2018 22.369.000 2.95%
2019 41.923.000 46.64%
2020 43.786.000 4.25%
2021 49.335.000 11.25%
2022 53.882.000 8.44%
2023 51.100.000 -5.44%

Bittium Oyj Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.31
Net Income per Share
0.01
Price to Earning Ratio
659.71x
Price To Sales Ratio
2.02x
POCF Ratio
20.81
PFCF Ratio
-6419.55
Price to Book Ratio
1.44
EV to Sales
2.13
EV Over EBITDA
16.5
EV to Operating CashFlow
21.95
EV to FreeCashFlow
-6770.51
Earnings Yield
0
FreeCashFlow Yield
-0
Market Cap
0,17 Bil.
Enterprise Value
0,18 Bil.
Graham Number
0.72
Graham NetNet
-0.64

Income Statement Metrics

Net Income per Share
0.01
Income Quality
31.7
ROE
0
Return On Assets
-0.04
Return On Capital Employed
-0.05
Net Income per EBT
0.93
EBT Per Ebit
1.28
Ebit per Revenue
-0.04
Effective Tax Rate
0.07

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.03
Operating Profit Margin
-0.04
Pretax Profit Margin
-0.05
Net Profit Margin
-0.05

Dividends

Dividend Yield
0.01
Dividend Yield %
1.07
Payout Ratio
11.28
Dividend Per Share
0.05

Operating Metrics

Operating Cashflow per Share
0.22
Free CashFlow per Share
-0
Capex to Operating CashFlow
-1
Capex to Revenue
-0.1
Capex to Depreciation
-0.75
Return on Invested Capital
0
Return on Tangible Assets
0
Days Sales Outstanding
0.15
Days Payables Outstanding
189.63
Days of Inventory on Hand
447.6
Receivables Turnover
2356.11
Payables Turnover
1.92
Inventory Turnover
0.82
Capex per Share
-0.23

Balance Sheet

Cash per Share
0,53
Book Value per Share
3,24
Tangible Book Value per Share
1.68
Shareholders Equity per Share
3.24
Interest Debt per Share
0.64
Debt to Equity
0.19
Debt to Assets
0.13
Net Debt to EBITDA
0.86
Current Ratio
2.63
Tangible Asset Value
0,06 Bil.
Net Current Asset Value
0,03 Bil.
Invested Capital
0.19
Working Capital
0,05 Bil.
Intangibles to Total Assets
0.33
Average Receivables
0,02 Bil.
Average Payables
0,01 Bil.
Average Inventory
21516500
Debt to Market Cap
0.13

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Bittium Oyj Dividends
Year Dividends Growth
2000 0
2001 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2010 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Bittium Oyj Profile

About Bittium Oyj

Bittium Oyj provides solutions for connectivity, tactical communications, and biosignal measuring and monitoring. It offers tactical and secure communication systems, including secured smartphones, device management and encryption software, secured communication applications, device platforms, VPN software, monitoring and reporting modules, wireless broadband network systems, tactical radios, VoIP software, tactical IP-based communication products, and LTE access solutions. The company's solutions are used for customers in the defense, security, and public safety markets. It also provides research and development services in the areas of wireless telecommunications, medical technology, and automotive and manufacturing industries. In addition, the company offers healthcare technology products and services in biosignal measuring in the areas of cardiology, neurology, rehabilitation, occupational health, and sports medicine. It operates in Finland, Germany, the United States, Mexico, and Singapore. The company was formerly known as Elektrobit Corporation and changed its name to Bittium Oyj in July 2015. Bittium Oyj was founded in 1985 and is headquartered in Oulu, Finland.

CEO
Johan Westermarck M.Sc.
Employee
526
Address
Ritaharjuntie 1
Oulu, 90590

Bittium Oyj Executives & BODs

Bittium Oyj Executives & BODs
# Name Age
1 Ms. Karoliina Malmi
Vice President of Communications & Sustainability and Member of Management Group
70
2 Mr. Antti Naykki
Vice President of Group Business Development & Member of Management Group
70
3 Ms. Laura Kauppinen Ph.D.
Senior Vice President of Medical Business Segment & Member of Management Board
70
4 Johan Westermarck M.Sc.
Chief Executive Officer & Chairman of the Management Group
70
5 Mr. Tommi Kangas
Senior Vice President of Defense & Security and Member of Management Group
70
6 Mr. Jari Inget
Vice President of Engineering Services Business Segment & Member of Management Group
70
7 Mr. Juha Hulkko eMBA, M.Sc. (Tech.)
Founder
70
8 Mr. Antti Keränen
Chief Financial Officer & Member of the Management Group
70
9 Mr. Kari Tapio Jokela
Chief Legal Officer & Member of Management Group
70
10 Mr. Andreas Heim
Executive Vice President of Operations
70

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