Value Creators: Admicom
Translation: Original published in Finnish on 10/14/2024 at 3:07 pm EEST.
In the Value Creators concept, we highlight companies that have created substantial shareholder value. The reports do not include forecasts; they are based solely on historical data and key figures derived from it.
We evaluate companies based on the following indicators:
- Revenue development
- Operating profit development and profitability (%)
- Return on capital (%)
- Cash flow generated from operations
- Share price development and historical valuations
- Data is primarily sourced from Bloomberg
We look at the long-term development and all figures are presented with the time series 2014-2023. The reports do not constitute investment recommendations.
In this report we focus on Admicom, a Finnish a construction software provider operating with a SaaS model. Admicom's revenue has grown at a CAGR of 29% over the last ten years. Strong growth reflects successful commercialization of SaaS ERP system designed for scalability to construction SMEs. Admicom's EBIT has grown faster than revenue as profitability has scaled with growth.
Admicom
Admicom operates in the IT sector. The company is a developer of cloud-based services that mainly concern administration, accounting, payroll management, and project management. In addition to the main business, training and customer support are offered. The customers are found among small and medium-sized corporate customers, with the largest operations in construction and industry. The head office is located in Jyväskylä.
Read more on company pageKey Estimate Figures09.10
2023 | 24e | 25e | |
---|---|---|---|
Revenue | 34.3 | 35.4 | 37.7 |
growth-% | 8.56 % | 3.22 % | 6.47 % |
EBIT (adj.) | 12.7 | 12.2 | 13.3 |
EBIT-% (adj.) | 36.93 % | 34.32 % | 35.15 % |
EPS (adj.) | 2.04 | 1.94 | 2.18 |
Dividend | 0.70 | 0.65 | 0.75 |
Dividend % | 1.62 % | 1.36 % | 1.57 % |
P/E (adj.) | 21.21 | 24.65 | 21.94 |
EV/EBITDA | 16.39 | 18.29 | 16.43 |