Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Etteplan Oyj is a Finland-based technology service company founded in 1983, specializing in industrial equipment engineering, software and embedded solutions, engineering solutions, and technical communication solutions. With approximately 4,000 employees across three continents and around 80 offices in eight countries, it drives innovation by bringing people and technology together to enhance efficiency, sustainability, and productivity in customers' operations. The company operates through key segments including Engineering Solutions, which focuses on product development; Software and Embedded Solutions for advanced systems; and Technical Communication Solutions for documentation and compliance. Etteplan Oyj serves industries undergoing green transitions, digitalization, and regulatory changes, offering managed services like AI-driven tools such as rAIse for manufacturing, testing laboratories, and lifetime extension strategies for electronics. Headquartered in Espoo, it reported net sales of 361 million euros in 2024, playing a vital role in engineering sectors by creating impactful solutions for smarter businesses worldwide.
€7.02
€0.02 (-0.28%)
EOD Jul 2, 2026
Operating margin is thin at 4.98%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 0.1%, essentially flat. This is a business that needs a catalyst.
Even for strong businesses, today's 19x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
19.0x earnings, 5.9x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€357M
▲ +0.1% YoY
Net Income (TTM)
€9M
▲ +1.7% YoY
Op. Margin
4.49%
▼ -0.2pp YoY
ROIC
6.49%
▼ -0.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€30M
▲ +9.1% YoY
Op. Cash Flow (TTM)
€31M
▲ +3.9% YoY
Net Debt
€72M
Cash & Equiv.
€30M
3Y CAGR: +1.1%
3Y CAGR: +5.7%
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At a P/E of 19.0 and a price-to-free-cash-flow of 5.9, Etteplan Oyj (ETTE.XHEL) trades below a two-stage DCF intrinsic value of about €20.63 per share, so at €7.02 the stock looks undervalued (193.9% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Etteplan Oyj scores 38/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.1%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €20.63 per share for ETTE.XHEL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €15.48. At today's €7.02, that puts the stock about 193.9% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Etteplan Oyj scores 38 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 4.5% operating margin and a 6.5% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Etteplan Oyj pays a regular dividend of about €0.22 per share per year (typically in quarterly installments), a yield of roughly 3.1% at the current price. That is a payout ratio of about 59.6% of earnings, so the dividend is well covered. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For ETTE.XHEL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. ETTE.XHEL currently trades below its estimated intrinsic value and scores 38/100 on quality (lower-quality). It also yields about 3.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.