Tecnotree: Value doesn't shake with the price
During last month, Tecnotree has advanced in its new customer acquisition and finally been able to leave behind the restructuring program that partially limited its growth potential. Our view of the real value of the company hasn’t changed, but with the decrease in the market price, we feel that the annual return expectation has improved to an excellent level.
Tecnotree
22.8
30.8
Buy
Accumulate
Tecnotree operates in the IT sector. The company specializes in the development of digital communication solutions. The services include, for example, business process and subscription management services for customers in telecom and other digital service providers. Operations are held on a global level, with the largest presence around Asia, Africa and the Middle East.
Read more on company pageKey Estimate Figures12.10.2021
2020 | 21e | 22e | |
---|---|---|---|
Revenue | 52.8 | 62.6 | 71.8 |
growth-% | 12.3 % | 18.6 % | 14.6 % |
EBIT (adj.) | 19.3 | 24.8 | 29.8 |
EBIT-% (adj.) | 36.6 % | 39.6 % | 41.6 % |
EPS (adj.) | 1.03 | 1.15 | 1.51 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | 13.69 | 2.98 | 2.28 |
EV/EBITDA | 9.79 | 0.82 | 0.11 |