GFT Group (GFT)

Business description

GFT Group is a global technology services and recruitment business primarily focused on banks and insurance companies.

Share price chart

Share chart

Stock data

Market cap.€564m
Last close€21.41
High / Low (52 weeks)€23.4 / €8.9
Stock market listingDE
Forecast net debt (€m)44.7
Forecast gearing ratio (%)40

Price performance

Relative *3.420.795.3

* % Relative to local index

Other companies in sector Show

1Spatial Acal
accesso Technology Group ADVA Optical Networking
Advanced Computer Software Group Advanced Micro Devices
AIXTRON All for One Steeb
Allocate Software Allot Communications
Alpha and Omega Semiconductor Amazon
Amino Technologies ANADIGICS
Arria NLG AT&S Austria Technologie & Systemtechnik
blinkx blur Group
Brady Bulletproof Group
Carclo Catapult Group International
CENIT CML Microsystems
Comptel Craneware
Cypress Semiconductor DATAGROUP
DDD Group Dillistone Group
dotDigital DSP Group
e2v technologies Eagle Eye
Eckoh Elmos Semiconductor
EMIS Emulex
Endace EnWave Corporation
EQS Group eServGlobal
Esker Evolving Systems
Expert System Facebook
FFastFill First Derivatives
First Sensor Focus Solutions Group
Freelancer Fusionex International
GB Group GBST Holdings
GeoOp Globo
GO internet S.p.a. Himax Technologies
ifa systems ikeGPS Group
Infinera Inmarsat
Innovation Group InVision
IS Solutions IXYS
Jenoptik K3 Business Technology Group
Keywords Studios LRAD Corporation
Magix Manpower Software
Manz Maxima Holdings
Medicsight Mensch & Maschine Software
Micro Focus International Micron Technology
Migme Monitise
Montage Technology Morse
My Net Fone nearmap
Netcall NetDimensions
Netflix Nexus Management
O2Micro International OMG
OmniVision Technologies Optimal Payments
Outsourcery Patsystems
Pericom Semiconductor Phitek
PLX Technology Prodware
PSI Pure Wafer
Redflex Holdings Redstone
Reed Elsevier Regenersis
Reply SpA
Rex Bionics Rheinmetall
Secunet Seeing Machines
Sepura Serko
Seven Principles Siemens
Sigma Designs Silicom
Silicon Image SimiGon
SinnerSchrader SITO Mobile
SLI Systems Smartpay Holdings
SNP Schneider-Neureither & Partner Software AG
Solera Spansion
Spirent Communications SQS Software Quality Systems AG
StatPro Group Store Electronic Systems
SuperCom Synchronica
Technology sector Texas Instruments
Thin Film Electronics Tikit Group
Toumaz Track Group
TXT e-solutions TZ Limited
Ubisense Group United Power Technology
VASCO Data Security Virtual Piggy
Vislink Vista Group International
Vizrt VMob Group
WANdisco Wincor Nixdorf
WorkPlace Systems International Xploite
Xplore Technologies Corp YuuZoo

Company news

BRIEF-GFT Technologies says Q1 EBITDA up 61 percent

Wed, 13 May 2015 06:00:00 GMT

BRIEF-GFT Technologies FY 2014 revenue up 38 pct to EUR 365.32 mln

Thu, 05 Mar 2015 06:45:00 GMT

BRIEF-GFT Technologies raises FY 2014 turnover and profit forecast

Wed, 29 Oct 2014 13:38:54 GMT

BRIEF-GFT Technologies raises full year revenue and EBITDA forecast

Thu, 13 Aug 2015 05:26:15 GMT

BRIEF-GFT says to acquire Adesis Netlife of Spain

Tue, 28 Jul 2015 11:37:30 GMT

Y/E Dec Revenue (€m) EBITDA (€m) PBT (€m) EPS (c) P/E (x) P/CF (x)
2013A 264.3 20.9 18.5 55.3 38.7 59.1
2014A 365.3 37.4 32.8 97.7 21.9 24.1
2015E 362.0 44.5 36.0 101.6 21.1 12.7
2016E 397.0 54.2 45.5 126.1 17.0 10.4

Last updated on 20/08/2015

Latest research

Investment summary

GFT produced another strong performance in Q2, to sustain 23% organic growth over H1. Following the disposal of its resourcing division, GFT is now an IT services pure-play focused on the financial services sector. The group’s adjusted operating margin rose to 10.0% in Q2 and we anticipate further margin expansion with revenue growth and profit recovery at Rule Financial. After the-period end, GFT made a small acquisition in Adesis Netlife, adding a headcount of 273, boosting its presence in Spain and Mexico, strengthening its offerings in the digital banking space and adding new service offerings in digital communication and marketing. Noting management’s increased guidance and the strong pipeline for FY16, we upgraded our EPS forecasts by 11% in FY16 and 7% in FY17. Hence, the stock continues to look attractive, trading on c 15.5x our FY16 EPS.

Last updated on 01/09/2015

Industry outlook

GFT provides consulting and IT services, primarily to commercial and investment banks. It benefits from high levels of IT spending and complex business requirements in the financial services industry. It also benefits from favourable outsourcing trends in banking and has integrated near/farshore hubs in Spain, Poland and Brazil.

Last updated on 01/09/2015

Key management

Ulrich Dietz, Chairman & CEO
Jochen Ruetz , CFO

Company address

Filderhauptstraße 142,
+49 711 62042-0
View website