Bittium Oyj

Recommendation

Buy

Price Target

€23.50

Upside

25.94%

Chart
  • 1M
  • 3M
  • 6M
  • YTD
  • 1Y
  • 3Y

€18.66

€1.40 (8.11%)
Realtime-Data from Invalid Date

Bittium is a Finnish technology company specialising in tactical secure communications, connectivity solutions, and biosignal-based medical technologies. Founded in 1985, Bittium serves military, government, industrial, IoT and medical customers worldwide, offering defense & security systems, medical monitoring devices, and engineering services. Leveraging decades of expertise, Bittium focuses on embedded security, advanced wireless communications, and innovative solutions for complex, high-demand environments.

ISIN
FI0009007264
Market Cap
€662.32M
Enterprise Value
€661.48M
26 week avg vol.
55312
Primar Exchange
NASDAQ Helsinki
IPO
1998
Sector
others
Headquarters
Oulu, FI
Employees
526
Incorporated
1985
CEO
Petri Toljamo
Free Float
79.24%
Erkki Veikkolainen
5.11%
Ponato Oy
4.21%
Hulkko Juha Olavi
3.98%
Varma
3.83%
Ilmarinen
3.63%
Feb 26
Publication of annual report

KPIs in EUR

KPI20242025e2026e
Sales85.16M100.60M120.50M
EBITDA17.37M18.59M24.30M
EBIT8.74M12.19M17.05M
EPS0.210.300.43
FCF17.76M7.38M12.18M

Valuation

KPI20242025e2026e
EV / Sales7.77x6.54x5.39x
EV / EBITDA38.07x35.37x26.70x
EV / EBIT75.66x53.94x38.06x
Price / Earnings90.04x61.92x43.05x
EV / FCF37.25x89.09x53.30x

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Initiation

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Julius Neittamo

Equity Research Analyst

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