Digital Workforce: A clear turn is expected compared to H2
The big picture of Digital Workforce's H2 was already known and revenue decreased clearly and the result was slightly in the red. However, the company was confident in the current year and guided that revenue and earnings would grow. In our view, however, the challenging market brings clear uncertainty to the turnaround. In addition, the company’s strategically important OutSmart platform and growth markets are still in a relatively early stage and require more proof to rely more on the attractive long-term growth story. With our forecasts, the stock's valuation picture (2024e EV/S 0.8x, SOTP EUR 3.6) supports caution in the short term.
Digital Workforce
Digital Workforce är en tjänsteleverantör som specialiserar sig på processautomatiseringstjänster i industriell skala. Bolagets tjänsteerbjudande täcker hela livscykeln för intelligent automation: design och rådgivning, utveckling och driftsättning, molnbaserad plattform, support och underhåll samt vidareutveckling. Bolaget erbjuder tjänster och lösningar till ett brett spektrum av kunder inom olika branscher, inklusive finans, hälsovård, industri, logistik, samt olika offentliga aktörer.
Read more on company pageKey Estimate Figures28/02
2023 | 24e | 25e | |
---|---|---|---|
Omsättning | 24,9 | 25,6 | 27,8 |
tillväxt-% | −2,16 % | 2,89 % | 8,51 % |
EBIT (adj.) | −0,0 | 0,5 | 1,7 |
EBIT-% | −0,16 % | 2,14 % | 5,95 % |
EPS (adj.) | 0,01 | 0,06 | 0,15 |
Utdelning | 0,00 | 0,00 | 0,00 |
Direktavkastning | |||
P/E (just.) | 375,03 | 62,66 | 25,68 |
EV/EBITDA | - | 38,45 | 14,53 |