Bittium stock
BITTI.HEHELBittium Oyj, TechnologyISIN FI0009007264
62Score 62 out of 100, Neutral
Price and trend
55 / 100
Price history
+74% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 4.8% below it.
Since March 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 48).
The price is 24% below its 52-week high. Largest decline in 20 years: 87% (January 2007 to December 2008).
Chart figures for advanced users
- SMA 50$40.24
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$38.18
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)48
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$20.32
- The lowest closing price of the last twelve months.
- Resistance$47.54
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Bittium Oyj belongs to the Communication Equipment industry (Finland) and, with a market value of $1.29B, is number 39 of 55 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $132.2M (up 40% year on year) and earnings of $23.6M (up 191.8%).
- For fiscal 2026, analysts expect on average revenue of $168.78M (up 27.7%) and adjusted earnings per share of $0.86.
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- MEQIRI Score 62 out of 100 (Neutral): rank 392 of 854 in Technology, median 61.
- The P/E is 54.7 (Communication Equipment median 32.1, own median of recent years 56.9).
- Our model puts fair value at $25.15, with the price 45% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 57.9% a year since 2020.Growth 72
- Analysts expect strong earnings growthUp 24% a year through 2028 (estimates from 4 analysts).Growth 72
- High marginNet margin 17.9% over the last 12 months, Communication Equipment median 3.9%.Profitability 67
Weaknesses
- Margin may fall backOperating margin 16.3%, average of the prior years 2.7%, which ranged from −5.7% to 10.1%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.Profitability 67
- Volatile share priceVolatility 70% a year over the last 12 months.
Its standout strengths are capital allocation and stability, while valuation holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 63 to 62.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- high price swings
- weak fundamentals
- price up very strongly over the past year
Valuation
Valuation signal
Modestly overvaluedIn our model the price counts as cheap below $16.77 and expensive above $50.30 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $28.96 (cash-flow model) and $21.35 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 8.1%. At 9.1% the fair value would be $22.76, at 7.1% it would be $28.63.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (32.1).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In fiscal 2025, revenue rose 40% on the prior year. Revenue has grown solidly since 2015, at about 8% per year. From 2015 revenue only includes continuing operations, sold or discontinued divisions have been reclassified. Earlier years are not comparable and not shown, and the margins for 2015 are not measured.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 74%, operating 16%, net 18%. From 2015 revenue only includes continuing operations, sold or discontinued divisions have been reclassified. Earlier years are not comparable and not shown, and the margins for 2015 are not measured.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 11 Feb 2027in 90 days
- Last reported
- 29 Oct 2026EPS reported $0.40 (expected $0.20)above expectations
Analyst estimates
Analysts have raised their 2026 earnings estimate by 10.1% since 15 Oct 2026.
- Earnings per share
- $0.86+10.1%
- Revenue
- $168.78M−0.2%
- Earnings per share
- $1.06+2.6%
- Revenue
- $200.74M−1.7%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Bittium
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
854 rated companies in Technology
- This company
- 62
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Communication Equipment
The next larger and next smaller companies by market value
- HMS NetworksHMS.ST $2.4B66
- Digi InternationalDGII $2.22B61
- TKH GroupTWEKA.AS $2.16B68
- CalixCALX $2.02B48
- Arlo TechnologiesARLO $1.27B49
- Adtran NetworksADV.DE $1.2B40
- HarmonicHLIT $1.13B57
- FrequentisFQT.VI $957.27M66
ETFs that hold Bittium
Held by 12 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| UBS MSCI EMU Small Cap UCITS ETF EUR disUEFD | 0.20% | 0.28% | €630.46M |
| WisdomTree Eurozone Quality Dividend Growth UCITS ETF EUR AccWTIM | 0.14% | 0.29% | €49.19M |
| WisdomTree Europe SmallCap Dividend UCITS ETF AccWTD7 | 0.11% | 0.38% | €86.74M |
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| Xtrackers MSCI Europe Small Cap UCITS ETF 1CXXSC | 0.08% | 0.30% | €3.45B |
| UBS MSCI EMU Select Factor Mix UCITS ETF EUR accUIQN | 0.03% | 0.34% | €16.96M |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.01% | 0.45% | €1.54B |
| State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR AccZPRX | 0.01% | 0.30% | €813.64M |
| State Street SPDR MSCI All Country World Investable Market UCITS ETF (Acc)SPYI | 0.00% | 0.17% | €8.84B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.