Qt Group
68.35
EUR
+1.79 %
QTCOM
NASDAQ Helsinki
Software
Technology
15,388 following
investors.qt.io
QT Group is active in the IT sector. The group develops various development tools for the global market. The technology is based on QT technology and is used to develop multi-platform interfaces and associated applications. The services are used in, among other things, industrial robots, entertainment systems, and vehicle systems. Businesses are conducted on a global level and customers are found in the automotive and aerospace industries.
P/E (adj.) (24e)
29.24
EV/EBIT (adj.) (24e)
22.34
EV/S (24e)
7.76
Dividend yield-% (24e)
-
Target price
90.00 EUR
Recommendation
Buy
Updated
31.10.2024
NASDAQ Helsinki
QTCOM
Daily low / high price
67.15 / 68.95
EUR
Market cap
1.74B EUR
Turnover
1.15M EUR
Volume
17K
Business risk
Valuation risk
Current
Previous
Latest research
Extensive report
Inderes' extensive report is an investor's handbook on customer companies covered by our research.
The latest extensive report was released
Read the reportAnalyst
Antti Luiro
Head of Nordic ER Development, Analyst
Financial calendar
Annual report
2025-02-13
General meeting
2025-04-09
Interim report
2025-04-24
Interim report
2025-08-06
Interim report
2025-10-30
Forum updates
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 79.4 | 121.1 | 155.3 | 180.7 | 214.2 | 258.2 | 307.9 | 362.3 |
growth-% | 36.1 % | 52.5 % | 28.2 % | 16.4 % | 18.5 % | 20.5 % | 19.2 % | 17.7 % |
EBITDA | 19.5 | 33.3 | 45.3 | 58.5 | 77.8 | 97.4 | 117.2 | 139.9 |
EBIT (adj.) | 17.0 | 31.5 | 42.2 | 55.4 | 74.5 | 93.8 | 113.9 | 136.5 |
EBIT | 17.0 | 28.8 | 36.9 | 47.3 | 66.4 | 85.8 | 105.9 | 128.4 |
Profit before taxes | 16.4 | 29.3 | 37.6 | 44.8 | 68.3 | 86.2 | 105.7 | 128.2 |
Net income | 12.8 | 22.4 | 34.3 | 35.5 | 54.0 | 68.5 | 83.0 | 100.0 |
EPS (adj.) | 0.53 | 1.01 | 1.58 | 1.71 | 2.34 | 3.01 | 3.57 | 4.24 |
growth-% | 91.1 % | 55.9 % | 8.6 % | 36.5 % | 28.6 % | 18.8 % | 18.8 % | |
Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend ratio |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 24.5 % | 27.5 % | 29.1 % | 32.4 % | 36.3 % | 37.7 % | 38.1 % | 38.6 % |
EBIT-% (adj.) | 21.4 % | 26.0 % | 27.2 % | 30.6 % | 34.8 % | 36.3 % | 37.0 % | 37.7 % |
EBIT-% | 21.4 % | 23.8 % | 23.7 % | 26.2 % | 31.0 % | 33.2 % | 34.4 % | 35.4 % |
ROE | 54.8 % | 55.0 % | 49.6 % | 33.9 % | 36.2 % | 32.5 % | 29.0 % | 26.5 % |
ROI | 63.5 % | 57.0 % | 40.2 % | 36.7 % | 41.4 % | 40.4 % | 36.7 % | 33.8 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 57.60 | 133.60 | 42.50 | 64.50 | 68.35 | 68.35 | 68.35 | 68.35 |
Shares | 24.2 | 24.8 | 25.3 | 25.4 | 25.4 | 25.5 | 25.5 | 25.5 |
Market cap | 1,395.0 | 3,311.0 | 1,076.1 | 1,637.7 | 1,735.5 | 1,740.3 | 1,740.3 | 1,740.3 |
Enterprise value | 1,375.6 | 3,310.6 | 1,095.4 | 1,624.7 | 1,663.5 | 1,603.6 | 1,521.8 | 1,423.9 |
EV/S | 17.3 | 27.3 | 7.1 | 9.0 | 7.8 | 6.2 | 4.9 | 3.9 |
EV/EBITDA | 70.7 | 99.3 | 24.2 | 27.8 | 21.4 | 16.5 | 13.0 | 10.2 |
EV/EBIT (adj.) | 80.9 | 105.0 | 25.9 | 29.3 | 22.3 | 17.1 | 13.4 | 10.4 |
EV/EBIT | 80.9 | 114.9 | 29.7 | 34.3 | 25.0 | 18.7 | 14.4 | 11.1 |
P/E (adj.) | 108.8 | 132.1 | 27.0 | 37.7 | 29.2 | 22.7 | 19.1 | 16.1 |
P/E | 108.8 | 147.2 | 31.2 | 46.2 | 32.1 | 25.4 | 21.0 | 17.4 |
P/B | 46.7 | 64.2 | 12.4 | 13.4 | 9.8 | 7.1 | 5.3 | 4.1 |
P/S | 17.6 | 27.3 | 6.9 | 9.1 | 8.1 | 6.7 | 5.7 | 4.8 |
Dividend yield | ||||||||
Equity ratio | 63.2 % | 49.7 % | 52.8 % | 64.4 % | 70.4 % | 75.7 % | 78.7 % | 81.1 % |
Gearing ratio | -64.9 % | -0.7 % | 22.3 % | -10.7 % | -40.8 % | -55.8 % | -66.6 % | -73.9 % |
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 59.3 | 180.7 | 45.1 | 53.3 | 42.2 | 73.7 | 214.2 | 53.9 | 63.9 |
EBITDA | 26.8 | 58.5 | 11.7 | 19.4 | 11.2 | 35.5 | 77.8 | 14.9 | 23.9 |
EBIT | 23.9 | 47.3 | 9.0 | 16.5 | 8.3 | 32.6 | 66.4 | 12.0 | 21.0 |
Profit before taxes | 22.4 | 44.8 | 9.4 | 16.6 | 9.7 | 32.5 | 68.3 | 12.1 | 21.1 |
Net income | 17.7 | 35.5 | 7.6 | 13.4 | 7.1 | 25.9 | 54.0 | 9.6 | 16.8 |
ShowingAll content types
Värdeskapare: Qt Group
Modular Finance IR Consensus: Qt Group – Consensus estimates Q3 2024
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