contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls {
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      defaultInstrument {
        isin
        id
      }
      id
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

pageUrl

alternatePageUrls

imgUrl

description

Analyst

Roni Peuranheimo

Tecnotree operates in the IT sector. The company specializes in the development of digital communication solutions. The services include, for example, business process and subscription management services for customers in telecom and other digital service providers. Operations are held on a global level, with the largest presence around Asia, Africa and the Middle East.

Jag läste finländska investerares tankar om detta företag. Följande punkter framkom: Tecnotree erbjuder ett attraktivt investeringscase, särskilt om man fokuserar på företagets förmåga att generera fritt kassaflöde (FCFE/P). Även med måttliga antaganden om omsättningstillväxt (3 % per år) uppgår bolagets FCFE/P för åren 2025–2033 till 13,6 %, vilket är konkurrenskraftigt bland bolagen på Helsingforsbörsen. Dessutom ger hanteringen av valutakursrisker och en relativ minskning av investeringarna anledning att förvänta sig en ökning av kassaflödet. Bolagets största tillväxtpotential är kopplad till samarbeten med stora IT-tjänsteföretag som HCLTech och Accenture. Om detta samarbete leder till nya avtal kan Tecnotree uppnå betydande synergieffekter och stärka sin position på den internationella marknaden. Detta ökar också trovärdigheten hos institutionella investerare, som hittills har hållit sig undan på grund av bolagets administrativa utmaningar. Å andra sidan är investeringar i Tecnotree förknippade med betydande risker. Företaget har en historia av problem med ledningsbeslut och transparens, vilket skapar tvivel om hur effektivt kassaflöden kanaliseras till aktieägarna. I företag som detta är det vanligt att kassaflöden används till ogynnsamma transaktioner eller överdrivna ledningsbonusar. Vad skulle kunna omkullkasta investeringscaset? Om Tecnotree inte lyckas kommunicera konkreta åtgärder för att prioritera utdelning eller kassaflöden till förmån för aktieägarna kan investeringsberättelsen förbli ofullständig. Dessutom bör valutarisken och risken för korruption i utvecklingsländer beaktas. Även om bolagets löften om fakturering i amerikanska dollar minskar valutakursrisken, kan tvivel om kassaflödenas användning till andra ändamål kvarstå som en långvarig oro för investerare. Sammanfattning: Tecnotree är en intressant men riskfylld investering. Dess attraktiva värdering bygger på en stark potential för kassaflöde, men framgång kräver konsekventa åtgärder från företagets sida för att bygga förtroende bland aktieägarna.

Här är Tecnotrees Q3’24-resultatprognos                    Inderes              Tecnotree Q3'24 earnings preview: Cash flow key to restoring confidence -...    Tecnotree will publish its Q3 report on Friday, October 25, at around 9.00 am EEST. We expect the company's revenue to grow at a single-digit rate.

Tecnotree har väckt mycket diskussion på sistone. Här är en färsk analys av bolaget.  Tecnotree held an investor event on Friday in an attempt to provide background information on the Pericius deal. However, we did not get answers to all the worrying details. The company also issued cash flow guidance for next year and published a dividend policy, according to which free cash flow (and profit distribution) are set to remain slim and below our expectations. Given the weak cash flow and the ongoing uncertainties regarding corporate governance, we recommend that investors remain on the sidelines, at least for the time being, due to the elevated risk profile. We lower our recommendation for Tecnotree to Sell (was Reduce) and set our target price to EUR 3.00 (was EUR 5.50).                   Inderes              Tecnotree: Trust needs to be rebuilt - Inderes    Tecnotree held an investor event on Friday in an attempt to provide background information on the Pericius deal. However, we did not get answers to all the worrying details. The company also issued cash flow guidance for next year and published a...

Tecnotrees tillväxt och resultat blev lägre än förväntat, men kassaflödet förbättrades som förväntat under årets första halvår. Bolagets vägledning gällande kassaflödet gav också ökad synlighet för kassaflödet under resten av året. Bolagets vd Padma Ravichander och finanschef Indiresh Vivekananda intervjuas av analytiker Roni Peuranheimo.    Content: 00:00 Intro  00:20 Q2 Key Points  03:39 Background of the Impairment  05:21 Reasons for the Revenue Decline  08:36 Efficiency Measures  12:20 Collaboration with HCLTech  14:57 Benefits of the Acquisition  15:53 Employee Incentive Program  16:56 Status of Convertible Bonds  17:27 Guidance and Outlook for the Rest of the Year

A company that has generated a lot of discussion in Finland will release its earnings on Friday. Tecnotree will publish its Q2 report on Friday at around 9.00 am EEST. We expect the company’s revenue and result to continue their upward trend, which is also indicated by the company’s guidance for the full year. In terms of cash flow, we expect a significant improvement after a very weak start to the year with improved cash collection. The main area of interest in the report will again be the future outlook for the development of the cash flow profile. We also expect an update on the situation regarding the potential company acquisition and the uncollected convertible debentures.                   Inderes              Tecnotree Q2'24 preview: Slight cash flow improvement expected - Inderes    Tecnotree will publish its Q2 report on Friday at around 9.00 am EEST. We expect the company's revenue and result to continue their upward trend, which is also indicated by the company's guidance for the full year. In terms of cash flow, we expect a...

Här är analytikerns kommentarer om den senaste nyheten från Tecnotree.  Through the collaboration, the companies aim to launch new solutions that leverage HCLTech’s AI expertise and Tecnotree’s BSS know-how. HCLTech is a large Indian technology company and the cooperation creates interesting opportunities for Tecnotree, although the actual realization of the cooperation will be seen in the future.                   Inderes              Tecnotree partners with HCLTech from India  - Inderes    Through the collaboration, the companies aim to launch new solutions that leverage HCLTech's AI expertise and Tecnotree's BSS know-how.

Tecnotree är ett företag som har väckt mycket diskussion i Finland. Det verkar som att många ser enorma möjligheter i företaget, medan andra ser stora risker. Här nedan finns en gratis och mycket omfattande realistisk analys av företaget. Det är värt att läsa!                    Inderes              Cash flow still needs to be proven - Inderes    Tecnotree has continued to grow strongly in recent years, but the company has been unable to convert its EBIT into cash flow due to working capital tie-ups, foreign exchange losses and large investments in product development. The company's internal...

Tecnotree

Tecnotree has continued to grow strongly in recent years, but the company has been unable to convert its EBIT into cash flow due to working capital tie-ups, foreign exchange losses and large investments in product development. The company's internal focus is currently on improving cash flow, but there is no evidence of this yet. 

<p>Tecnotree has continued to grow strongly in recent years, but the company has been unable to convert its EBIT into cash flow due to working capital tie-ups, foreign exchange losses and large investments in product development. The company's internal focus is currently on improving cash flow, but there is no evidence of this yet. The valuation would be attractive if the company's cash flow approached the company's profit level. However, we do not expect an immediate improvement here and with the current cash flow profile we do not see the risk/reward ratio as attractive.</p>

	2023	24e	25e
Revenue	78.4	82.3	86.2
growth-%	9.50 %	5.03 %	4.67 %
EBIT (adj.)	23.8	27.2	26.4
EBIT-% (adj.)	30.40 %	32.97 %	30.58 %
EPS (adj.)	0.71	0.96	1.07
Dividend	0.01	0.02	0.02
Dividend %	0.15 %	0.83 %	0.83 %
P/E (adj.)	9.63	2.50	2.25
EV/EBITDA	4.09	1.22	0.76

Tecnotree

Key Estimate Figures10/05

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