0.60%
4.02%
-2.04%
-2.61%
43.90%
28.00%
16.46%
7.207.207.007.006.806.806.606.606.406.406.206.2011/29/202411/29/202412/10/202412/10/202412/21/202412/21/20241/1/20251/1/20251/13/20251/13/20251/24/20251/24/20252/4/20252/4/20252/15/20252/15/2025
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Company Description

Bittium Oyj provides solutions for connectivity, tactical communications, and biosignal measuring and monitoring.It offers tactical and secure communication systems, including secured smartphones, device management and encryption software, secured communication applications, device platforms, VPN software, monitoring and reporting modules, wireless broadband network systems, tactical radios, VoIP software, tactical IP-based communication products, and LTE access solutions.The company's solutions are used for customers in the defense, security, and public safety markets.


It also provides research and development services in the areas of wireless telecommunications, medical technology, and automotive and manufacturing industries.In addition, the company offers healthcare technology products and services in biosignal measuring in the areas of cardiology, neurology, rehabilitation, occupational health, and sports medicine.It operates in Finland, Germany, the United States, Mexico, and Singapore.


The company was formerly known as Elektrobit Corporation and changed its name to Bittium Oyj in July 2015.Bittium Oyj was founded in 1985 and is headquartered in Oulu, Finland.

Market Data

Last Price 6.72
Change Percentage 0.60%
Open 6.68
Previous Close 6.68
Market Cap ( Millions) 238
Volume 21979
Year High 9.3
Year Low 4.61
M A 50 6.58
M A 200 7.04

Financial Ratios

FCF Yield 3.64%
Dividend Yield 0.89%
ROE 6.81%
Debt / Equity 0.00%
Net Debt / EBIDTA -156.04%
Price To Book 2.12
Price Earnings Ratio 32.24
Price To FCF 27.47
Price To sales 2.6
EV / EBITDA 15.51

Business Breakdown

Expected Mid-Term Growth

Segment n°1 -> Software and Equipment Products

Expected Growth : 12 %

What the company do ?

Bittium Oyj offers software and equipment products for tactical communications, including wireless networks, satellite communications, and cybersecurity solutions for defense and public safety markets.

Why we expect these perspectives ?

Bittium Oyj's 12% growth in Software and Equipment Products is driven by increasing demand for secure communication solutions, particularly in the defense and public safety sectors. Growing adoption of 5G and IoT technologies also fuels growth, as customers require advanced software and equipment to support these technologies.

Segment n°2 -> Software and Equipment Service

Expected Growth : 16 %

What the company do ?

Bittium Oyj's Software and Equipment Service provides secure and reliable communication solutions for authorities, public safety, and other organizations, offering customized software and equipment for mission-critical operations.

Why we expect these perspectives ?

Bittium Oyj's Software and Equipment Service segment growth of 16% is driven by increasing demand for secure communication solutions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on R&D investments in 5G and IoT technologies, as well as its strong presence in the defense and public safety sectors, contribute to its growth momentum.

Bittium Oyj Products

Product Range What is it ?
Bittium Tough Mobile 2 A secure and durable Android-based smartphone designed for demanding environments and use cases, providing advanced security features and a long-lasting battery life.
Bittium Tough Mobile Secure A highly secure smartphone solution providing advanced encryption, secure boot, and tamper-evident storage, designed for high-security environments.
Bittium Secure Suite A comprehensive security solution providing end-to-end encryption, secure authentication, and data protection for mobile devices and networks.
Bittium Tactical Communication System A wireless broadband system providing secure and reliable communication for tactical operations, featuring advanced encryption and network management.
Bittium Network Performance Monitoring A network monitoring and analytics solution providing real-time insights into network performance, quality, and security.

Bittium Oyj's Porter Forces

Bittium Oyj operates in the technology industry, which is characterized by rapid innovation and frequent product updates. While there are substitutes available, the company's focus on secure communication solutions and its strong brand reputation mitigate the threat of substitutes.

Bittium Oyj's customers are primarily government agencies and large corporations, which have limited bargaining power due to the specialized nature of the company's products and services.

Bittium Oyj relies on a few key suppliers for components and materials. While the company has some bargaining power due to its size and reputation, the suppliers also have some leverage due to the specialized nature of the components.

The technology industry is characterized by high barriers to entry, including significant research and development investments and regulatory hurdles. This limits the threat of new entrants in Bittium Oyj's market.

The technology industry is highly competitive, with many established players and frequent product updates. Bittium Oyj faces intense competition from both domestic and international companies, which drives innovation and pricing pressure.

Capital Structure

Value
Debt Weight 17.36%
Debt Cost 4.26%
Equity Weight 82.64%
Equity Cost 7.70%
WACC 7.11%
Leverage 21.00%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
ADV.DE ADVA Optical Networking SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions to deliver data, storage, voice, and video services worldwide. It offers open optical …
IVSO.ST Invisio AB (publ) develops and sells personal communication and hearing protection systems for professionals in the defense and military, law enforcement, and security sectors in Sweden, Europe, North America, and …
AUDC AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and …
FQT.VI Frequentis AG provides communication and information systems for safety-critical control centers worldwide. It operates through two segments, Air Traffic Management (ATM) and Public Safety & Transport. The company offers air …
GILT Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel and internationally. It operates through Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects segments. The …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
6.72$
Current Price
6.72$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

ValueQualityYieldMomentumVolatilityGrowth
Company A-Score: 6.20Peer Group Average: 5.70Leader: 6.80

Peers Group Analysis

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