F-Secure: Stable growth and value creation through special situation
F-Secure's share is currently in an interesting special situation when the company is strategically assessing the possibility to separate its consumer and corporate activities into own companies. We see consumer and corporate security as more valuable separately than together but believe that this is already fully reflected in the share value.
WithSecure
WithSecure operates in the IT sector. The company specializes in cyber security solutions. Today, the company provides IT solutions that are used to manage computer viruses and other potential IT threats within data, mobile and cloud services. The company's services are mainly offered to business customers and larger institutions. Operations are held around the Nordic and European markets. The head office is in Helsinki.
Read more on company pageKey Estimate Figures2021-12-09
2020 | 21e | 22e | |
---|---|---|---|
Revenue | 220.2 | 237.0 | 255.1 |
growth-% | 1.32 % | 7.65 % | 7.61 % |
EBIT (adj.) | 22.9 | 26.6 | 29.6 |
EBIT-% (adj.) | 10.38 % | 11.23 % | 11.62 % |
EPS (adj.) | 0.10 | 0.13 | 0.14 |
Dividend | 0.04 | 0.04 | 0.05 |
Dividend % | 2.58 % | 5.22 % | 6.53 % |
P/E (adj.) | 16.06 | 6.08 | 5.65 |
EV/EBITDA | 6.54 | 2.93 | 2.08 |