Sitowise Group Oyj (SITOWS.HE) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+1497.0%

€34.82

vs €2.18 price

Levered DCF

€12.68

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.51

Distress zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-2.19×	-42.42×	19.88×	23.36×	36.59×	0.85×	41.04×	93.37×
P/B	1.21×	0.95×	0.95×	1.57×	2.48×	4.24×	4.96×	6.2×
P/S	0.49×	0.57×	0.54×	0.89×	1.58×	1.77×	1.98×	2.25×
EV / EBITDA	12.03×	12.16×	8.31×	11.74×	13.13×	13.98×	18.13×	18.87×
Gross margin	13.9%	89.5%	24.2%	90.0%	91.9%	91.7%	90.6%	89.7%
Operating margin	0.9%	1.3%	5.5%	6.4%	7.2%	11.4%	7.4%	10.6%
Net margin	-22.5%	-1.3%	2.7%	3.8%	4.4%	8.0%	4.8%	2.4%
Current ratio	1.09×	1.07×	1.14×	1.13×	1.17×	1.03×	1×	0.94×
Debt / equity	1.24×	0.82×	0.83×	0.87×	0.69×	1.74×	1.74×	1.7×
Interest coverage	0.25×	0.4×	2.3×	4.02×	2.07×	5.16×	3.88×	6.05×
Dividend yield	0.0%	0.0%	3.1%	1.9%	7.8%	0.9%	0.3%	0.2%
Payout ratio	0.0%	0.0%	63.3%	45.2%	284.7%	20.6%	13.2%	15.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-55.2%	-2.2%	4.7%	6.7%	6.8%	19.1%	12.0%	6.6%
Return on invested capital	0.9%	0.9%	4.1%	4.6%	5.1%	8.5%	7.0%	10.4%
Return on assets	-18.5%	-1.0%	2.0%	2.8%	3.1%	5.7%	3.6%	2.1%
Free cash flow yield	10.8%	12.7%	11.2%	6.8%	5.3%	7.4%	4.2%	3.1%
Earnings yield	-45.7%	-2.4%	5.0%	4.3%	2.8%	4.5%	2.4%	1.1%
Enterprise value	€165.4M	€186.4M	€196.3M	€268.3M	€343.3M	€383.7M	€372M	€351.5M
Net debt / EBITDA	5.28×	5.03×	3.51×	3.74×	2.27×	3.67×	4.34×	3.67×
Cash conversion cycle (days)	-32	-907	89	-49	-60	-43	-33	-734