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Digia: High quality code that produces continuous results

DIGIAResearch09.02.2022 klo 10.19
Joni GrönqvistAnalyst
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In Q4, net sales and especially earnings exceeded expectations. As usual, the guidance was a little cautious. Digia continues to invest in the first half of the year, but in the second half we expect investments to ease up and support profitability. In recent years, the company has proven to be a high-quality earnings grower with a healthy balance sheet, and we expect this to continue in coming years. We maintain our estimates almost unchanged and the share’s expected return still speaks for a positive view on the share.

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Digia is an IT consulting company. The company specializes in system integration, web analytics, and internal processes that affect efficiency and decision management. The company's services are used in a number of sectors, from the financial sector to the grocery retail and energy sector. The largest operations are found in the Nordic market. The headquarters are located in Helsinki.

Read more on company page

Key Estimate Figures09.02.2022

202122e23e
Revenue155.9163.8172.0
growth-%12.1 %5.1 %5.0 %
EBIT (adj.)17.718.019.3
EBIT-% (adj.)11.3 %11.0 %11.2 %
EPS (adj.)0.550.550.59
Dividend0.170.200.23
Dividend %2.4 %3.6 %4.1 %
P/E (adj.)12.710.19.4
EV/EBITDA9.07.06.1

Forum discussions

Juho Toratti has been writing about Digia Digia is now in an interesting position. The company is executing its strategy with determination,...
8/15/2026, 1:10 PM
by Sijoittaja-alokas
5
Joni has published a new company report on Digia following their Q2 results We are lowering our target price for Digia shares to 6.8 euros (...
8/7/2026, 8:07 AM
by Sijoittaja-alokas
5
Joni discussed Digia’s performance and current situation with Timppa Topics: (00:13) Digia’s Q2’26 (00:46) Performance in different segments...
8/6/2026, 7:26 PM
by Sijoittaja-alokas
3
Timo Levoranta will go through the results in more detail in a webcast at 6:00 PM: Digia Puolivuosikatsaus 2026
8/6/2026, 1:52 PM
by Essi Lönnberg
11
MFN – 6 Aug 26 Digia Oyj:n puolivuosikatsaus tammi-kesäkuu 2026 (tilintarkastamaton) Digia Oyj Pörssitiedote 6.8.2026 klo 15.00 Digia’s profitable...
8/6/2026, 12:00 PM
by Sijoittaja
12
Here are Joni’s pre-report comments ahead of Digia’s earnings release this Thursday We expect the company’s revenue to have grown, driven by...
7/31/2026, 8:09 AM
by Sijoittaja-alokas
6
Digia has had some good news recently, looking at the releases, and the valuation doesn’t hurt the company either. Digia operates in a sector...
6/20/2026, 3:13 PM
by Sijoittaja-alokas
20