Evaluation of other similar companies

Last year, Bittnet was included in a project funded by the EBRD and the Taiwan Chamber of Commerce, in which Wood&Co analysts were co-opted to make analysis reports (“coverage”) for Bittnet shares. Unfortunately, Mifid’s legislation does not allow Wood to distribute these reports to retail investors. Thus, we make available to shareholders a list of companies with similarities to our group, without suggesting that it is an exhaustive list, neither in terms of the included companies nor in terms of the included indicators. We have chosen companies that either do IT services or educational services, are listed on various scholarships around the world, and we have indicated how they can be found by shareholders and analyzed in more detail: 

Identifier (RIC)Company NameOperating MarginCrt ROECrt P/BHist EV / EBITDACrt EV / EBITDAHist Price / SalesCrt Price / SalesFW Price / SalesHist P / CFCrt P/CFFW P/E
CTS.TOConverge Techn Solutions0.8%-18.4%15.409.4422.46 0.161.140.7519.1678.2519.83
DAVA.NEndava PLC6.9%15.7%13.2151.5244.546.228.016.3343.3266.0849.08
TPXT.LPanoply Holdings PLC-9.4% -16.0%3.56 8.59 25.770.803.322.7163.4531.32
CYB.MICyberoo SpA20.2%10.0%5.3213.9121.386.6210.264.5132.3149.25
MSABb.STMicro Systemation AB (publ)9.2%19.8%6.8816.5212.272.431.86512.2746.58
CRAYON.OLCrayon Group Holding ASA1.2%14.2%9.6022.93 27.010.520.570.4635.4942.9542.46
AVEN.STAvensia AB1.1%1.8%9.4523.3032.051.991.761.48380.8239.2819.42
ENEA.STEnea AB20.3%9.6%3.5014.1317.844.395.635.09399.4235.0526.68
ACN.NAccenture PLC14.7%31.8%9.0119.9521.603.513.763.3924.4932.4829.63
INFY.NSInfosys Ltd21.3%28.1%7.5011.3319.923.015.514.7918.7630.2424.18
AVERAGEMEDIA TUTUROR7.1%10.0%4.5313.3115.121.842.882.2268.4630.0021.73
UIS.NUnisys Corp7.4%(7.00)2.124.570.230.760.7811.4827.2716.64
9613.TNTT Data Corp5.8%6.9%2.286.217.870.640.990.9724.7726.4221.18
WIPR.NSWipro Ltd17.3%19.0%4.527.1814.251.883.723.4815.3723.9920.32
PREVb.STPrevas AB8.5%22.1%2.946.236.360.800.8118.7323.3235.82
ASEP.WAAsseco SEE SA12.4%13.3%2.387.009.301.462.121.8921.7619.7816.71
CAPP.PACapgemini SE9.5%4.0020.401.381.491.3845.8819.6220.60
BNET.BXBittnet Systems SA4.0%16.5%6.0463.1924.851.131.611.0022.8019.3812.32
ULS.LULS Technology PLC14.9%11.6%4.464.7316.090.862.362.1882.7518.1521.42
CMP.WAComp SA6.7%3.0%0.605.407.810.430.540.4429.4017.4723.26
CTSH.OQCognizant12.7%12.7%3.6013.8312.382.662.352.1714.7016.5118.31
TEML.NSTech Mahindra Ltd11.5%3.887.5913.601.322.452.3211.5115.8116.19
ATGE.NAdtalem Global Education Inc13.5%21.8%1.596.587.621.591.911.7713.4114.0614.88
CACI.KCACI International Inc8.0%13.9%2.0611.8611.300.971.010.9314.1212.3214.80
ATOS.PAAtos SE0.965.110.600.616.837.918.62
DTCJ.JDatatec Ltd1.9%1.9%0.643.773.230.100.090.0811.284.8412.02
SGN.WASygnity SA15.8%34.7%2.683.425.000.751.111.02 9.16
CMR.WAComarch SA10.0%10.5%1.556.675.891.061.070.97
PRFr.ATProfile Systems & Software13.2%5.7%2.857.1011.972.704.063.1523.36
ALSTW.PAStreamwide SA9.5516.4710.136.969.5726.06