WithSecure Oyj Logo

WithSecure Oyj

WITH.HE

(1.0)
Stock Price

0,78 EUR

-27.21% ROA

-26.7% ROE

-6.25x PER

Market Cap.

172.845.199,00 EUR

13.54% DER

0% Yield

-19.12% NPM

WithSecure Oyj Stock Analysis

WithSecure 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.

WithSecure Oyj Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (13%), which means it has a small amount of debt compared to the ownership it holds

2 PBV

The stock's PBV ratio (1.52x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

3 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

4 ROE

Negative ROE (-28.46%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-32.97%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

7 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.

8 Assets Growth

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

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-3) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

WithSecure 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.

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

WithSecure 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.

WithSecure Oyj Revenue
Year Revenue Growth
2002 0
2003 38.980.000 100%
2004 47.268.000 17.53%
2005 61.816.000 23.53%
2006 80.695.000 23.4%
2007 96.761.000 16.6%
2008 112.974.000 14.35%
2009 125.144.000 9.72%
2010 130.119.000 3.82%
2011 146.028.000 10.89%
2012 157.172.000 7.09%
2013 155.098.000 -1.34%
2014 153.842.000 -0.82%
2015 147.608.000 -4.22%
2016 158.289.000 6.75%
2017 169.695.000 6.72%
2018 190.731.000 11.03%
2019 217.338.000 12.24%
2020 220.204.000 1.3%
2021 236.265.000 6.8%
2022 134.700.000 -75.4%
2023 139.064.000 3.14%
2023 142.812.000 2.62%
2024 147.352.000 3.08%

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.

WithSecure Oyj Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 8.980.000 100%
2004 10.658.000 15.74%
2005 14.653.000 27.26%
2006 20.901.000 29.89%
2007 19.845.000 -5.32%
2008 25.522.000 22.24%
2009 27.953.000 8.7%
2010 34.530.000 19.05%
2011 39.319.000 12.18%
2012 49.311.000 20.26%
2013 41.685.000 -18.29%
2014 38.170.000 -9.21%
2015 26.888.000 -41.96%
2016 28.396.000 5.31%
2017 34.545.000 17.8%
2018 35.741.000 3.35%
2019 39.568.000 9.67%
2020 41.891.000 5.55%
2021 46.599.000 10.1%
2022 39.143.000 -19.05%
2023 43.104.000 9.19%
2023 47.254.000 8.78%
2024 40.848.000 -15.68%

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.

WithSecure Oyj General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 2.648.000 100%
2004 2.637.000 -0.42%
2005 3.092.000 14.72%
2006 -33.715.000 109.17%
2007 -35.846.000 5.94%
2008 6.828.000 624.99%
2009 7.471.000 8.61%
2010 9.087.000 17.78%
2011 11.899.000 23.63%
2012 10.973.000 -8.44%
2013 8.410.000 -30.48%
2014 7.381.000 -13.94%
2015 12.747.000 42.1%
2016 13.720.000 7.09%
2017 14.321.000 4.2%
2018 18.320.000 21.83%
2019 28.122.000 34.86%
2020 17.120.000 -64.26%
2021 24.984.000 31.48%
2022 20.344.000 -22.81%
2023 42.688.000 52.34%
2023 34.374.000 -24.19%
2024 19.868.000 -73.01%

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.

WithSecure Oyj EBITDA
Year EBITDA Growth
2002 0
2003 2.740.000 100%
2004 7.686.000 64.35%
2005 7.370.000 -4.29%
2006 13.065.000 43.59%
2007 24.237.000 46.09%
2008 24.340.000 0.42%
2009 23.982.000 -1.49%
2010 19.823.000 -20.98%
2011 30.101.000 34.15%
2012 32.841.000 8.34%
2013 35.245.000 6.82%
2014 28.341.000 -24.36%
2015 28.359.000 0.06%
2016 25.818.000 -9.84%
2017 17.437.000 -48.06%
2018 11.350.000 -53.63%
2019 16.710.000 32.08%
2020 33.341.000 49.88%
2021 32.685.000 -2.01%
2022 -31.803.000 202.77%
2023 -21.080.000 -50.87%
2023 -25.528.000 17.42%
2024 -7.644.000 -233.96%

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.

WithSecure Oyj Gross Profit
Year Gross Profit Growth
2002 0
2003 34.614.000 100%
2004 43.534.000 20.49%
2005 55.906.000 22.13%
2006 73.421.000 23.86%
2007 89.214.000 17.7%
2008 102.705.000 13.14%
2009 115.196.000 10.84%
2010 122.036.000 5.6%
2011 138.073.000 11.61%
2012 149.734.000 7.79%
2013 148.062.000 -1.13%
2014 146.197.000 -1.28%
2015 142.025.000 -2.94%
2016 152.527.000 6.89%
2017 163.050.000 6.45%
2018 151.380.000 -7.71%
2019 166.789.000 9.24%
2020 172.208.000 3.15%
2021 185.714.000 7.27%
2022 87.728.000 -111.69%
2023 96.712.000 9.29%
2023 100.192.000 3.47%
2024 93.780.000 -6.84%

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.

WithSecure Oyj Net Profit
Year Net Profit Growth
2002 0
2003 3.187.000 100%
2004 13.404.000 76.22%
2005 6.606.000 -102.91%
2006 7.318.000 9.73%
2007 15.445.000 52.62%
2008 19.553.000 21.01%
2009 18.747.000 -4.3%
2010 15.247.000 -22.96%
2011 16.370.000 6.86%
2012 14.061.000 -16.42%
2013 16.468.000 14.62%
2014 15.772.000 -4.41%
2015 22.052.000 28.48%
2016 15.241.000 -44.69%
2017 10.760.000 -41.64%
2018 844.000 -1174.88%
2019 3.365.000 74.92%
2020 12.875.000 73.86%
2021 12.686.000 -1.49%
2022 -38.210.000 133.2%
2023 -41.496.000 7.92%
2023 -40.030.000 -3.66%
2024 -14.536.000 -175.39%

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.

WithSecure Oyj Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 5 100%
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%
2023 0 0%
2023 0 0%
2024 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.

WithSecure Oyj Free Cashflow
Year Free Cashflow Growth
2003 5.051.000
2004 8.820.000 42.73%
2005 11.721.000 24.75%
2006 15.420.000 23.99%
2007 19.817.000 22.19%
2008 22.364.000 11.39%
2009 11.400.000 -96.18%
2010 12.786.000 10.84%
2011 4.112.000 -210.94%
2012 14.479.000 71.6%
2013 24.497.000 40.89%
2014 22.427.000 -9.23%
2015 24.285.000 7.65%
2016 15.002.000 -61.88%
2017 18.930.000 20.75%
2018 -680.000 2883.82%
2019 9.856.000 106.9%
2020 38.541.000 74.43%
2021 24.172.000 -59.44%
2022 -25.014.000 196.63%
2023 -11.160.000 -124.14%
2023 -28.222.000 60.46%
2024 -4.811.000 -486.61%

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.

WithSecure Oyj Operating Cashflow
Year Operating Cashflow Growth
2003 5.763.000
2004 11.651.000 50.54%
2005 14.381.000 18.98%
2006 18.874.000 23.81%
2007 21.895.000 13.8%
2008 26.284.000 16.7%
2009 16.400.000 -60.27%
2010 23.189.000 29.28%
2011 20.798.000 -11.5%
2012 25.599.000 18.75%
2013 28.496.000 10.17%
2014 29.112.000 2.12%
2015 28.893.000 -0.76%
2016 21.892.000 -31.98%
2017 26.036.000 15.92%
2018 6.774.000 -284.35%
2019 18.490.000 63.36%
2020 46.680.000 60.39%
2021 30.741.000 -51.85%
2022 -20.244.000 251.85%
2023 -9.663.000 -109.5%
2023 -23.063.000 58.1%
2024 -3.315.000 -595.72%

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.

WithSecure Oyj Capital Expenditure
Year Capital Expenditure Growth
2003 712.000
2004 2.831.000 74.85%
2005 2.660.000 -6.43%
2006 3.454.000 22.99%
2007 2.078.000 -66.22%
2008 3.920.000 46.99%
2009 5.000.000 21.6%
2010 10.403.000 51.94%
2011 16.686.000 37.65%
2012 11.120.000 -50.05%
2013 3.999.000 -178.07%
2014 6.685.000 40.18%
2015 4.608.000 -45.07%
2016 6.890.000 33.12%
2017 7.106.000 3.04%
2018 7.454.000 4.67%
2019 8.634.000 13.67%
2020 8.139.000 -6.08%
2021 6.569.000 -23.9%
2022 4.770.000 -37.71%
2023 1.497.000 -218.64%
2023 5.159.000 70.98%
2024 1.496.000 -244.85%

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.

WithSecure Oyj Equity
Year Equity Growth
2003 30.234.000
2004 44.662.000 32.3%
2005 57.131.000 21.83%
2006 54.171.000 -5.46%
2007 67.538.000 19.79%
2008 41.110.000 -64.29%
2009 48.801.000 15.76%
2010 51.432.000 5.12%
2011 59.557.000 13.64%
2012 65.104.000 8.52%
2013 72.760.000 10.52%
2014 79.933.000 8.97%
2015 77.054.000 -3.74%
2016 75.912.000 -1.5%
2017 69.468.000 -9.28%
2018 66.280.000 -4.81%
2019 76.158.000 12.97%
2020 82.330.000 7.5%
2021 95.363.000 13.67%
2022 140.089.000 31.93%
2023 113.835.000 -23.06%
2023 102.980.000 -10.54%
2024 99.153.000 -3.86%

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.

WithSecure Oyj Assets
Year Assets Growth
2003 53.890.000
2004 71.299.000 24.42%
2005 94.038.000 24.18%
2006 95.130.000 1.15%
2007 114.679.000 17.05%
2008 94.854.000 -20.9%
2009 105.911.000 10.44%
2010 111.889.000 5.34%
2011 125.673.000 10.97%
2012 127.345.000 1.31%
2013 136.635.000 6.8%
2014 149.715.000 8.74%
2015 168.097.000 10.94%
2016 168.064.000 -0.02%
2017 174.520.000 3.7%
2018 228.040.000 23.47%
2019 229.366.000 0.58%
2020 237.803.000 3.55%
2021 246.235.000 3.42%
2022 245.827.000 -0.17%
2023 209.770.000 -17.19%
2023 207.412.000 -1.14%
2024 200.523.000 -3.44%

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.

WithSecure Oyj Liabilities
Year Liabilities Growth
2003 23.656.000
2004 26.637.000 11.19%
2005 36.907.000 27.83%
2006 40.959.000 9.89%
2007 47.141.000 13.11%
2008 53.744.000 12.29%
2009 57.110.000 5.89%
2010 60.457.000 5.54%
2011 66.116.000 8.56%
2012 62.241.000 -6.23%
2013 63.875.000 2.56%
2014 69.782.000 8.46%
2015 91.043.000 23.35%
2016 92.152.000 1.2%
2017 105.052.000 12.28%
2018 161.760.000 35.06%
2019 153.208.000 -5.58%
2020 155.473.000 1.46%
2021 150.872.000 -3.05%
2022 105.738.000 -42.68%
2023 95.935.000 -10.22%
2023 104.432.000 8.14%
2024 101.372.000 -3.02%

WithSecure Oyj Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.83
Net Income per Share
-0.16
Price to Earning Ratio
-6.25x
Price To Sales Ratio
1.19x
POCF Ratio
-12.89
PFCF Ratio
-9.44
Price to Book Ratio
1.76
EV to Sales
1.1
EV Over EBITDA
-13.24
EV to Operating CashFlow
-11.88
EV to FreeCashFlow
-8.77
Earnings Yield
-0.16
FreeCashFlow Yield
-0.11
Market Cap
0,17 Bil.
Enterprise Value
0,16 Bil.
Graham Number
1.42
Graham NetNet
-0.22

Income Statement Metrics

Net Income per Share
-0.16
Income Quality
0.48
ROE
-0.27
Return On Assets
-0.14
Return On Capital Employed
-0.24
Net Income per EBT
1
EBT Per Ebit
0.91
Ebit per Revenue
-0.21
Effective Tax Rate
-0

Margins

Sales, General, & Administrative to Revenue
0.21
Research & Developement to Revenue
0.29
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
0.69
Operating Profit Margin
-0.21
Pretax Profit Margin
-0.19
Net Profit Margin
-0.19

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.08
Free CashFlow per Share
-0.1
Capex to Operating CashFlow
-0.35
Capex to Revenue
0.03
Capex to Depreciation
0.26
Return on Invested Capital
-0.27
Return on Tangible Assets
-0.27
Days Sales Outstanding
122.68
Days Payables Outstanding
134.9
Days of Inventory on Hand
0
Receivables Turnover
2.98
Payables Turnover
2.71
Inventory Turnover
0
Capex per Share
0.03

Balance Sheet

Cash per Share
0,15
Book Value per Share
0,56
Tangible Book Value per Share
0.01
Shareholders Equity per Share
0.56
Interest Debt per Share
0.08
Debt to Equity
0.14
Debt to Assets
0.07
Net Debt to EBITDA
1.01
Current Ratio
1
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
-0,03 Bil.
Invested Capital
112501000
Working Capital
0,00 Bil.
Intangibles to Total Assets
0.49
Average Receivables
0,05 Bil.
Average Payables
0,02 Bil.
Average Inventory
-12999.5
Debt to Market Cap
0.08

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.

WithSecure Oyj Dividends
Year Dividends Growth
2006 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%
2021 0 0%

WithSecure Oyj Profile

About WithSecure Oyj

WithSecure Oyj operates in corporate security business worldwide. Its software and services include WithSecure Elements, a cloud based security platform to reduce risk, complexity, and inefficiency; WithSecure Elements Endpoint Protection, a cloud-native AI-powered endpoint protection solution; WithSecure Business Suite for organization's security challenges; WithSecure Elements Endpoint Detection and Response; WithSecure Elements Vulnerability Management, a cloud-based vulnerability scanner that covers network, assets, deep web, and compliance; and WithSecure Elements Collaboration Protection; and WithSecure Cloud Protection for Salesforce. The company also provides consulting services, including security strategy and risk management, resilience development, and security assurance services; professional support services; security training services; and managed services, such as countercept managed detection and response, attack surface management, and cloud security posture management services; USB armory, a smallest secure computer; and Armory Drive, an encrypted storage solution. WithSecure Oyj was founded in 1988 and is headquartered in Helsinki, Finland.

CEO
Mr. Antti Koskela M.Sc.
Employee
993
Address
Tammasaarenkatu 7
Helsinki, 00181

WithSecure Oyj Executives & BODs

WithSecure Oyj Executives & BODs
# Name Age
1 Laura Viita
Investor Relations Director
70
2 Ms. Sandra Proske
Vice President of Corporate Communications & Brand
70
3 Ms. Charlotte Guillou
Chief People Officer
70
4 Mr. Antti Koskela M.Sc.
President & Chief Executive Officer
70
5 Mr. Tom Jansson
Chief Financial Officer
70
6 Mr. Mikko Hypponen
Chief Research Officer
70
7 Ms. Christine Bejerasco
Chief Information Security Officer
70
8 Mr. Ari Vanttinen
Chief Marketing Officer
70
9 Ms. Tiina Sarhimaa L.L.M.
Chief Legal Officer
70
10 Mr. Risto Siilasmaa M.Sc.(Eng.)
Founder & Non-Independent Chairman
70

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