Valuation Bittnet Systems SA

Stocks

End-of-day quote Bucharest S.E. 06/11/2026			5-day change	1st Jan Change
0.1165 ^RON	-1.69%		+2.64%	+2.19%

08-28	Bittnet Systems SA Reports Earnings Results for the Half Year Ended June 30, 2026	CI
06-22	Digmatix AS agreed to acquire Elian Solutions SRL from Bittnet Systems SA, Iulian Motoi and Mihaela Ivancuta for ?6 million.	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	28/4/21	21/4/22	28/4/23	22/3/24	29/4/25	30/3/26

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	-	-	-	-	14.81M
IBM	24.51x	3.97x	13.82x	2.76%	232B
SALESFORCE, INC.	20.45x	4.35x	10.68x	0.81%	176B
ACCENTURE PLC	17.79x	2.02x	10.4x	2.66%	154B
SNOWFLAKE INC.	-109.61x	15.01x	82.57x	-.--%	97.24B
CLOUDFLARE, INC.	-432.62x	32.24x	131.31x	-.--%	96.32B
TATA CONSULTANCY SERVICES LTD.	16.29x	2.94x	11.33x	4.94%	96.18B
RELX PLC	23.21x	6.04x	14.83x	2.41%	70.12B
INFOSYS LIMITED	15.38x	2.23x	9.5x	5.01%	50.48B
HCL TECHNOLOGIES LIMITED	19.64x	2.53x	12.1x	4.4%	41.52B
Average	-45.00x	7.93x	32.95x	2.55%	101.31B
Weighted average by Cap.	-35.07x	7.39x	30.07x	2.24%