Detection Technology
18.65 EUR -2.61%5,126 investors are following this company
Detection Technology is an IT company focused on medical technology tools. The company is a supplier of software solutions for X-ray imaging systems and associated components. The products are used in the work areas of medicine, safety, and industrial applications. Detection Technology operates worldwide, with the largest presence around the Nordic market. The company was founded in 1991 and is headquartered in Oulu.
P/E (24e)
21.89
EV/EBIT (adj.) (24e)
17.03
P/B (24e)
3.38
Dividend yield-% (24e)
2.08 %
Target price
16.50 EUR
Recommendation
Accumulate
Updated
25.4.2024
First North Finland
DETEC
Daily low / high price
18.2 / 18.95
EUR
Market cap
273.33M EUR
Turnover
33.18K EUR
Volume
1.8K
Business risk
Valuation risk
Current
Previous
Analyst
![Juha Kinnunen Juha Kinnunen](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90,fit=cover/https://core.inderes.fi/sites/default/files/2022-10/juha-kinnunen-1.png)
Juha Kinnunen
Analyst
Latest videos
Financial calendar
Interim report
06.08.2024
Business review
29.10.2024
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Ahlstrom Capital Bv | 36.0 % | 36.0 % |
OP-Finland Value Fund | 4.2 % | 4.2 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Jyrki Vainionpää | 10.06.2024 | 18,054EUR |
Richard Ingram | 05.06.2024 | 16,773EUR |
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This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 81.6 | 89.8 | 98.6 | 103.8 | 109.8 | 125.0 | 138.7 | 153.1 |
growth-% | -20.4 % | 10.1 % | 9.8 % | 5.3 % | 5.8 % | 13.8 % | 11.0 % | 10.4 % |
EBITDA | 12.0 | 13.9 | 9.0 | 11.8 | 18.5 | 22.8 | 27.1 | 30.0 |
EBIT (adj.) | 8.9 | 10.6 | 6.1 | 9.7 | 14.8 | 19.1 | 23.1 | 25.4 |
EBIT | 8.7 | 10.6 | 5.8 | 8.2 | 13.6 | 18.0 | 21.9 | 24.3 |
Profit before taxes | 8.1 | 11.4 | 5.6 | 7.3 | 13.8 | 18.0 | 22.0 | 24.4 |
Net income | 6.7 | 9.3 | 5.1 | 5.5 | 11.4 | 14.3 | 17.4 | 19.3 |
EPS (adj.) | 0.48 | 0.64 | 0.37 | 0.47 | 0.85 | 1.05 | 1.26 | 1.40 |
growth-% | -47.6 % | 32.4 % | -41.4 % | 27.6 % | 79.5 % | 23.8 % | 19.5 % | 10.6 % |
Dividend | 0.28 | 0.35 | 0.20 | 0.23 | 0.39 | 0.49 | 0.59 | 0.66 |
Dividend ratio | 59.8 % | 55.1 % | 57.3 % | 61.1 % | 50.0 % | 50.0 % | 50.0 % | 50.0 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 14.7 % | 15.4 % | 9.2 % | 11.3 % | 16.9 % | 18.2 % | 19.6 % | 19.6 % |
EBIT-% (adj.) | 10.9 % | 11.8 % | 6.2 % | 9.3 % | 13.5 % | 15.3 % | 16.6 % | 16.6 % |
EBIT-% | 10.7 % | 11.8 % | 5.9 % | 7.9 % | 12.4 % | 14.4 % | 15.8 % | 15.9 % |
ROE | 11.5 % | 14.1 % | 7.0 % | 7.6 % | 14.8 % | 16.8 % | 18.4 % | 18.4 % |
ROI | 13.8 % | 15.1 % | 7.7 % | 10.7 % | 16.8 % | 20.3 % | 22.6 % | 22.9 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 23.90 | 29.30 | 16.90 | 13.70 | 18.65 | 18.65 | 18.65 | 18.65 |
Shares | 14.4 | 14.7 | 14.7 | 14.7 | 14.7 | 14.7 | 14.7 | 14.7 |
Market cap | 343.6 | 429.4 | 247.7 | 200.8 | 273.3 | 273.3 | 273.3 | 273.3 |
Enterprise value | 324.2 | 401.8 | 227.1 | 188.1 | 251.7 | 246.1 | 240.7 | 233.6 |
EV/S | 4.0 | 4.5 | 2.3 | 1.8 | 2.3 | 2.0 | 1.7 | 1.5 |
EV/EBITDA | 27.1 | 29.0 | 25.2 | 16.0 | 13.6 | 10.8 | 8.9 | 7.8 |
EV/EBIT (adj.) | 36.5 | 38.0 | 37.0 | 19.5 | 17.0 | 12.9 | 10.4 | 9.2 |
EV/EBIT | 37.2 | 38.0 | 39.1 | 22.9 | 18.4 | 13.7 | 11.0 | 9.6 |
P/E (adj.) | 49.8 | 46.1 | 45.4 | 28.9 | 21.9 | 17.7 | 14.8 | 13.4 |
P/E | 51.0 | 46.1 | 48.4 | 36.4 | 24.1 | 19.1 | 15.8 | 14.1 |
P/B | 5.9 | 5.8 | 3.4 | 2.8 | 3.4 | 3.1 | 2.7 | 2.5 |
P/S | 4.2 | 4.8 | 2.5 | 1.9 | 2.5 | 2.2 | 2.0 | 1.8 |
Dividend yield | 1.2 % | 1.2 % | 1.2 % | 1.7 % | 2.1 % | 2.6 % | 3.2 % | 3.5 % |
Equity ratio | 77.3 % | 80.0 % | 79.8 % | 77.4 % | 80.0 % | 79.9 % | 81.6 % | 81.8 % |
Gearing ratio | -33.1 % | -37.6 % | -28.3 % | -17.4 % | -26.8 % | -30.4 % | -32.7 % | -36.0 % |
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 25.2 | 24.5 | 31.3 | 103.8 | 22.7 | 25.3 | 27.9 | 34.0 | 109.8 |
EBITDA | 2.1 | 2.2 | 5.2 | 11.8 | 3.2 | 3.6 | 4.8 | 7.0 | 18.5 |
EBIT | 1.4 | 1.1 | 4.3 | 8.2 | 2.0 | 2.3 | 3.6 | 5.8 | 13.6 |
Profit before taxes | 0.8 | 1.0 | 4.3 | 7.3 | 2.0 | 2.4 | 3.6 | 5.9 | 13.8 |
Net income | 0.5 | 0.7 | 3.6 | 5.5 | 1.6 | 2.0 | 2.9 | 4.8 | 11.4 |
ShowingAll content types
Detection Technology Oyj: Detection Technology Plc - Managers' Transactions
Detection Technology Oyj: Detection Technology: Notification of change in holdings according to Chapter 9, Section 5 of the Securities Markets Act
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Detection Technology Oyj: Detection Technology Plc - Managers' Transactions
Detection Technology Oyj: Detection Technology Plc - Managers' Transactions
Detection Technology Oyj: Detection Technology Plc business review January-March 2024
Detection Technology Oyj: Detection Technology: Notification of change in holdings according to Chapter 9, Section 5 of the Securities Markets Act
Detection Technology Oyj: Detection Technology: Organising meeting of the Board of Directors
Detection Technology Oyj: Resolutions of the Annual General Meeting of Detection Technology
Detection Technology Oyj: Detection Technology's annual review, financial statements and CG statement 2023 published
Detection Technology Oyj: Notice to the Annual General Meeting of Detection Technology Plc
![Detection Technology H2’23 – Thursday, Feb. 1 at 1:00 pm EET](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/399516a9-7e74-491c-855f-5c3c014fd0f6.png)