` TTEB (TietoEVRY Corp) vs DAX Index Comparison - Alpha Spread

TTEB
vs
D
DAX Index

Over the past 12 months, TTEB has underperformed DAX Index, delivering a return of +9% compared to the DAX Index's +19% growth.

Stocks Performance
TTEB vs DAX Index

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TTEB
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Performance Gap
TTEB vs DAX Index

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TTEB
DAX Index
Difference
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Performance By Year
TTEB vs DAX Index

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Competitors Performance
TietoEVRY Corp vs Peers

DAX Index
TTEB
IBM
ACN
TCS
INFY
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TietoEVRY Corp
Glance View

Market Cap
2.2B EUR
Industry
Technology

In the bustling realm of technology and digital transformation, TietoEVRY Corp. stands as a stalwart entity, intricately woven into the economic fabric of Northern Europe. Born from the merger of Tieto Corporation and EVRY ASA in 2019, this Helsinki-based company leverages over half a century of experience to drive innovation across various sectors. Its services span a broad spectrum ranging from cloud and infrastructure solutions to consulting and software development. The company adeptly caters to an array of industries, including healthcare, financial services, and the public sector, providing tailored solutions that enhance operational efficiencies and enable digital transformation for its clients. At the heart of TietoEVRY's business model is its customer-centric approach—melding deep industry expertise with advanced technological capabilities. By offering a diverse portfolio of IT services and products, TietoEVRY capitalizes on the increasing demand for digital solutions. The company's revenue streams are predominantly anchored in long-term service agreements and project-based engagements, allowing it to cultivate lasting relationships with its clients while ensuring a steady flow of income. Simultaneously, its focus on innovation and sustainability not only enhances its competitive positioning but also aligns with broader societal shifts towards digital ecosystems. Through strategic investments and a commitment to delivering tangible business outcomes, TietoEVRY continues to play a pivotal role in enabling digital maturity across diverse sectors.

TTEB Intrinsic Value
32.46 EUR
Undervaluation 44%
Intrinsic Value
Price
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