Valuation Bittnet Systems SA

Stocks

End-of-day quote Bucharest S.E. Other stock markets 28/07/2026			5-day change	1st Jan Change
0.1085 ^RON	+7.96%		+8.94%	-4.82%

06-22	Digmatix AS agreed to acquire Elian Solutions SRL from Bittnet Systems SA, Iulian Motoi and Mihaela Ivancuta for ?6 million.	CI
05-30	Bittnet Systems SA Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	159.4	161.9	156.2	176.3	97.66	71.68
Change	-	1.56%	-3.55%	12.89%	-44.6%	-26.6%
Enterprise Value (EV) ¹	178.9	156.9	184	172.4	101.9	30.71
Change	-	-12.29%	17.27%	-6.3%	-40.92%	-69.86%
P/E	233x	13.3x	-28.3x	-36.7x	18.3x	-11.9x
PBR	6.28x	3.07x	2.91x	1.99x	1.38x	1.18x
PEG	-	0x	0x	1.3x	-0x	0x
Capitalization / Revenue	1.46x	1.44x	0.81x	0.47x	0.24x	0.18x
EV / Revenue	1.64x	1.39x	0.96x	0.46x	0.25x	0.08x
EV / EBITDA	39.3x	21.5x	25.7x	19.3x	7.77x	10.1x
EV / EBIT	45.8x	32x	29.7x	28.9x	11x	407x
EV / FCF	-278x	11.8x	19x	4.47x	-22.4x	0.52x
FCF Yield	-0.36%	8.47%	5.25%	22.4%	-4.46%	192%
Dividend per Share ²	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-
EPS ²	0.0016	0.0231	-0.0105	-0.007577	0.00841	-0.009599
Distribution rate	-	-	-	-	-	-
Net sales ¹	109.2	112.6	192.2	375.5	404.1	394.3
EBITDA ¹	4.554	7.289	7.156	8.912	13.11	3.048
EBIT ¹	3.904	4.901	6.2	5.975	9.277	0.0754
Net income ¹	0.8951	13.72	-5.359	-4.605	5.334	-6.062
Net Debt ¹	19.51	-4.978	27.86	-3.858	4.221	-40.97
Reference price ²	0.3722	0.3064	0.2955	0.2780	0.1540	0.1140
Nbr of stocks (in thousands)	428,323	528,481	528,481	634,177	634,177	628,808
Announcement Date	4/28/21 A	4/21/22 A	4/28/23 A	3/22/24 A	4/29/25 A	3/30/26 A

¹RON in Million²RON

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BITTNET SYSTEMS SA	-	-	-	-	14.39M
IBM	22.58x	3.66x	12.74x	2.97%	214B
ACCENTURE PLC	12.19x	1.35x	7.06x	3.94%	101B
SNOWFLAKE INC.	-94.69x	14.98x	86.7x	-.--%	93.71B
TATA CONSULTANCY SERVICES LTD.	15.55x	2.84x	10.74x	5.29%	90.82B
RELX PLC	22.25x	5.73x	14.09x	2.58%	65.81B
INFOSYS LIMITED	14.48x	2.11x	8.93x	5.39%	46.87B
FUJITSU LIMITED	21.14x	1.71x	10.78x	1.4%	39.21B
HCL TECHNOLOGIES LIMITED	17.96x	2.28x	10.94x	4.84%	37.35B
NEC CORPORATION	20.7x	1.53x	9.73x	0.95%	36.38B
Average	5.80x	4.02x	19.08x	3.04%	72.53B
Weighted average by Cap.	4.14x	4.50x	20.78x	3.04%