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Admicom

28.55 EUR-1.55 %22.10. klo 16.14
7,656 following

ADMCM

First North Finland

Software

Technology

Overview
Financials & Estimates
Ownership
Dividend
Short Selling
Investor views
Compare
-1.55 %
+7.74 %
+12.85 %
-9.79 %
-33.76 %
-40.64 %
-24.37 %
-68.03 %
+166.82 %

Admicom operates in the IT sector. The company develops cloud-based services that mainly concern administration, accounting, payroll and project management. In addition to its main business, it offers training and customer support. Its customers are small and medium-sized corporate customers, with the largest operations in construction and industry. The head office is located in Jyväskylä.

Read more
Market cap
139.67M EUR
Turnover
152.69K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Buy
Target price
Updated
09.10.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
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ShowingAll content types

Forum discussions
Almanakka has also written about Admicom Profitability exceeded expectations New sales grew for the second consecutive quarter However, part of the margin was due to timing ARR grew again mainly through prices More customers have already left than during all of last year The market...
10/10/2026, 6:49 AM
by Sijoittaja-alokas
23
If the software business were that easy, we would constantly see new software products put together by some clever group of coders, just being sold somewhere for cheaper. In reality, value for the customer comes from a much broader package. Certainly, the smallest shops (the two-...
10/9/2026, 8:57 AM
by mardi
19
What if a competitor of Admicom cobbles together competing software using AI at significantly lower costs and starts offering it at a fraction of Admicom’s price? Or what if bid calculation/quantity takeoff or construction site scheduling don’t even require any dedicated software...
10/9/2026, 8:21 AM
by Karhu Hylje
15
Good and even slightly critical article! Thanks for sharing, Alokas! I took a small position in Admicom a little over a month ago myself. The idea is to add to it if the earnings growth starts looking convincing. Although the Q3 report was quite promising, it feels like we’re still...
10/10/2026, 11:00 AM
by Akkanen
13
Analyst comments following Admicom’s Q3 results. Inderes – 9 Oct 26 Admicom Q3'26: Lupaavia merkkejä matalan arvostuksen korjaamiseksi - Inderes Tulospäivän kurssinoususta huolimatta osakkeen arvostus (2027e oik. EV/EBIT 9x) on edelleen hyvin matala.
10/9/2026, 4:26 AM
by KuHa
12
This AI fear is getting completely ridiculous when it comes to certain SaaS companies. Yeah, sure, IT IS POSSIBLE that some construction company cobbles together their entire system by themselves with the help of AI, but WHY would they do that when a complete, solid solution already...
10/9/2026, 5:40 AM
by Kappa-Naahli
9
Is this news just meaningless background noise, or a concrete example that AI might actually collapse pricing power in the software business after all? Adobe Photoshop has now been cloned using Claude and distributed for free as an open-source project (you can optionally buy AI tokens...
10/12/2026, 8:15 PM
by Nordman09
8
Read more on our forum
Atte Riikola
Atte Riikola

Analyst

Latest research

Latest analysis report

Released: 09.10.2026

Latest extensive report

Released: 16.01.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
21.1.
2027

Annual report '26

16.3.
2027

General meeting '27

8.4.
2027

Interim report Q1'27

Admicom Q3'26: Promising signs for correcting the low valuation
Research09.10.2026 klo 07.00 by
Atte Riikola

Admicom Q3'26: Promising signs for correcting the low valuation

Despite the share price increase following the earnings release, the valuation of the share (2027e adj. EV/EBIT 9x) remains very low.

Admicom
Admicom, Webcast, Q3'26
Webcast08.10.2026 klo 10.00

Admicom, Webcast, Q3'26

Admicom
Regulatory press release08.10.2026 klo 08.00

ADMICOM OYJ’S INTERIM REPORT 1.1.-30.9.2026: STRONG PROFITABILITY AFTER CHANGE NEGOTIATIONS. MARKET RECOVERING SLOWLY. ANNUAL RECURRING REVENUE GREW BY 5.3%, ADJUSTED EBITDA AT 42.0%.

Admicom

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Regulatory press release05.10.2026 klo 15.00

Admicom Oyj: Composition of Admicom’s Shareholders’ Nomination Committee

Admicom
Regulatory press release16.09.2026 klo 15.00

Admicom Oyj: financial reporting in 2027

Admicom
Regulatory press release26.08.2026 klo 13.45

Admicom Oyj - Managers' Transactions

Admicom
Regulatory press release12.08.2026 klo 13.30

Admicom Oy - Managers' Transactions

Admicom
Admicom, Webcast, Q2'26
Webcast08.07.2026 klo 10.00

Admicom, Webcast, Q2'26

Admicom
Regulatory press release08.07.2026 klo 08.00

ADMICOM OYJ’S HALF YEAR REPORT 1.1.-30.6.2026: PROFITABILITY AT TARGET LEVEL, ANNUAL RECURRING REVENUE GREW BY 4.1%, ADJUSTED EBITDA AT 31.0%. THE BILLING MODEL CHANGE AFFECTS COMPARABILITY.

Admicom
Regulatory press release03.07.2026 klo 09.45

Admicom Oyj: Cancellation of shares held by the company

Admicom
Regulatory press release24.06.2026 klo 16.40

Admicom: Cancellation of option rights 

Admicom
Regulatory press release18.06.2026 klo 14.01

Admicom Oyj - Managers' Transactions

Admicom
Regulatory press release18.06.2026 klo 14.01

Admicom Oyj - Managers' Transactions

Admicom
Regulatory press release18.06.2026 klo 13.59

Admicom Oyj - Managers' Transactions

Admicom
Regulatory press release18.06.2026 klo 13.58

Admicom Oyj - Managers' Transactions

Admicom
Regulatory press release18.06.2026 klo 13.56

Admicom Oyj - Managers' Transactions

Admicom
Regulatory press release18.06.2026 klo 13.54

Admicom Oyj - Managers' Transactions

Admicom
Regulatory press release08.06.2026 klo 20.10

Insider information, profit warning: Admicom Oyj lowers its financial guidance

Admicom
Regulatory press release03.06.2026 klo 15.01

Admicom Oyj - Managers' Transactions

Admicom
Regulatory press release03.06.2026 klo 15.00

Admicom Oyj - Managers' Transactions

Admicom