TIETOEVRY And ITERA Have A High Dividend Yield And Return On Equity In The Information Technology Services Industry.

(VIANEWS) – TIETOEVRY (TIETO.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Information Technology Services industry.

Financial Asset Price Forward Dividend Yield Return on Equity
TIETOEVRY (TIETO.OL) kr321.00 4.76% 10.65%
ITERA (ITERA.OL) kr12.35 1.49% 138.07%

Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. TIETOEVRY (TIETO.OL)

4.76% Forward Dividend Yield and 10.65% Return On Equity

TietoEVRY Oyj operates as a software and services company. It operates through six segments: Digital Consulting, Cloud & Infra, Industry Software, Financial Services Solutions, International Operations, and Product Development Services. The Digital Consulting segment offers consulting services, including business and technology advisory, as well as system integration and managed application services. The Cloud & Infra segment provides automated solutions, which include managed cloud, security, and end-user services, as well as cloud migration advisory and transformation services. The Industry Software segment provides with industry-specific software products for business-critical processes of clients in the public and healthcare, and welfare sectors, as well as in the forest industry, and energy and oil and gas segments. The Financial Services Solutions segment offers real-time solution in the areas of payments, cards, wealth management, and credit, as well as BPO services. The Product Development Services segment offers software R&D services with a focus on the telecom sector, as well as new domains, such as automotive serving the communications infrastructure, consumer electronics, and semiconductor companies, and the automotive industry. It operates in Finland, Sweden, Norway, Austria, the Baltic countries, Russia, and internationally. The company was formerly known as Tieto Oyj and changed its name to TietoEVRY Oyj in December 2019. TietoEVRY Oyj was founded in 1968 and is headquartered in Espoo, Finland.

Earnings Per Share

As for profitability, TIETOEVRY has a trailing twelve months EPS of kr8.1.

PE Ratio

TIETOEVRY has a trailing twelve months price to earnings ratio of 39.64. Meaning, the purchaser of the share is investing kr39.64 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.65%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TIETOEVRY’s stock is considered to be oversold (<=20).

More news about TIETOEVRY.

2. ITERA (ITERA.OL)

1.49% Forward Dividend Yield and 138.07% Return On Equity

Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, ITERA has a trailing twelve months EPS of kr0.53.

PE Ratio

ITERA has a trailing twelve months price to earnings ratio of 23.3. Meaning, the purchaser of the share is investing kr23.3 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 138.07%.

Moving Average

ITERA’s value is under its 50-day moving average of kr13.61 and under its 200-day moving average of kr12.95.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Oct 27, 2022, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 1.49%.

Sales Growth

ITERA’s sales growth is 21% for the present quarter and 11.2% for the next.

More news about ITERA.

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