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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Solteq: Journey continues from retail consultant to energy sector product house

SOLTEQExtensive research20.06.2023 klo 13.20
Inderes
Discuss
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The 2010s were challenging for Solteq that offers IT services and industry-specific solutions, it had a few good years in between, and now it is again seeking a new boost. With the updated strategy, Solteq is now seeking profitable growth with a clearer industry focus and own product solutions. The next few years are critical to the success of the strategy, especially in the energy business. There is clear uncertainty about the timing and trajectory of the earnings turnaround but there is a clear upside in the share if it reaches even close to its financial targets. The company's valuation prices a rather pessimistic future, and the risk/return ratio has turned cautiously attractive again with lower risk levels and the share price drop.

Solteq is an IT consulting company. The company specializes in ERP - Enterprise Resource Planning. Other services offered are related to financial management and inventory management. The customers consist of small and medium-sized business customers operating in the retail and hospitality industries. The operations are conducted on a global level, mainly in Europe, North America and Asia.

Read more on company page

Key Estimate Figures12.06.2023

202223e24e
Revenue68.460.259.4
growth-%-0.9 %-12.1 %-1.2 %
EBIT (adj.)0.5-0.12.3
EBIT-% (adj.)0.7 %-0.1 %3.9 %
EPS (adj.)-0.03-0.060.03
Dividend0.000.000.03
Dividend %11.5 %
P/E (adj.)neg.neg.8.4
EV/EBITDA10.01.82.2

Forum discussions

Here is the company report on Solteq by Joni following Q3 Solteq’s Q3 was a positive surprise for the first time in a while, especially regarding...
10/30/2026, 7:44 AM
by Sijoittaja-alokas
2
Solteq’s CEO Aarne Aktan was interviewed by Joni Topics: (00:00) Intro (00:09) Quarter highlights (02:54) Retail & Commerce (07:10) Utilities...
10/29/2026, 1:06 PM
by Sijoittaja-alokas
3
Here are Joni’s quick comments on Solteq’s Q3 and the guidance revision On Thursday morning, Solteq published its Q3 report, which clearly exceeded...
10/29/2026, 8:40 AM
by Sijoittaja-alokas
4
Apparently, even this earnings report can somehow be spun into a negative. To me, it was definitely a huge sign of a turnaround for the better...
10/29/2026, 7:54 AM
by Tommi
2
Inderes Sisäpiiritieto, tulosvaroitus: Solteq Oyj laskee ohjeistustaan... Pörssitiedote Sisäpiiritieto 29.10.2026 klo 7.55 Solteq Oyj laskee...
10/29/2026, 5:59 AM
by Tunturisusi
3
Here are Joni’s preview comments as Solteq reports its Q3 results the day after tomorrow, i.e., on Thursday We expect the company’s revenue ...
10/27/2026, 9:33 AM
by Sijoittaja-alokas
2
Here are Joni’s comments regarding Solteq getting an extension on its bond (jvk-laina): On Thursday, Solteq announced that it has completed ...
9/18/2026, 4:56 AM
by Sijoittaja-alokas
2