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1 Comment
TietoEVRY Oyj is currently in a long term uptrend where the price is trading 0.8% above its 200 day moving average.
From a valuation standpoint, the stock is 91.9% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.1.
TietoEVRY Oyj's total revenue rose by 31.2% to $712M since the same quarter in the previous year.
Its net income has increased by 354.2% to $54M since the same quarter in the previous year.
Finally, its free cash flow fell by 2.9% to $107M since the same quarter in the previous year.
Based on the above factors, TietoEVRY Oyj gets an overall score of 4/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | FI0009000277 |
Sector | Technology |
Industry | Information Technology Services |
Beta | 0.93 |
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Market Cap | 2B |
PE Ratio | None |
Target Price | None |
Dividend Yield | 9.5% |
TietoEVRY Oyj operates as a software and services company. The company operates through five segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The Tietoevry Create segment provides digital agenda to create competitive products, as well as uses design, data, and cloud technologies for data-driven businesses. This segment also offers software and data engineering services. The Tietoevry Banking segment provides Banking-as-a-Service platform and software products for digital transformation and financial institutions. Tietoevry Care segment offers modular and interoperable software, reinventing Nordic health, and social care services. The Tietoevry Industry segment offers software and data solutions to various industries, such as public sector, pulp and paper, and utilities. The Tietoevry Tech Services provides enterprise-wide transformation to customers' business processes, applications and infrastructure; and deep customer knowledge, global cloud & data competencies, automated operations, and multi-cloud platform services. The company was formerly known as Tieto Oyj and changed its name to TietoEVRY Oyj in December 2019. TietoEVRY Oyj was incorporated in 1968 and is headquartered in Espoo, Finland.
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