Risk factor
Modest price volatility
Profitability factor
Greatly overvalued vs peers
About
Bittium Oyj provides solutions for connectivity, tactical communications, and biosignal measuring and monitoring. It offers tactical and secure communication systems, including secured smartphones, device management and encryption software, secured communication applications, device platforms, VPN software, monitoring and reporting modules, wireless broadband network systems, tactical radios, VoIP software, tactical IP-based communication products, and LTE access solutions. The company's solutions are used for customers in the defense, security, and public safety markets. It also provides research and development services in the areas of wireless telecommunications, medical technology, and automotive and manufacturing industries. In addition, the company offers healthcare technology products and services in biosignal measuring in the areas of cardiology, neurology, rehabilitation, occupational health, and sports medicine. It operates in Finland, Germany, the United States, Mexico, and Singapore. The company was formerly known as Elektrobit Corporation and changed its name to Bittium Oyj in July 2015. Bittium Oyj was founded in 1985 and is headquartered in Oulu, Finland.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Target Price
The average target price of BITTI.HE is 32 and suggests 19% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d