Want to see NL:TOM2 full AI Analyst Report?
TomTom (TOM2) AI Stock Analysis
TomTom
(Amsterdam:TOM2)
TomTom's overall score of 69 reflects a company that has successfully engineered a financial turnaround, evidenced by a rock-solid balance sheet and improving profitability. The strategic pivot towards high-growth areas like automated driving and enterprise location intelligence, as detailed in the earnings call, provides a credible path to future growth. However, the score is constrained by the persistent decline in revenue, a bearish technical trend with the stock trading below key moving averages, and the fact that new growth initiatives are still in their early stages. The company's financial health is a major strength, but a return to top-line growth is needed to drive the stock higher.
TomTom (TOM2) vs. iShares MSCI Netherlands ETF (EWN)
- Market Cap
- EUR 620.13M
- Dividend Yield
- ―
- Average Volume (3M)
- 291.60K
- Price to Earnings (P/E)
- 15.2
- Beta (1Y)
- 1.42
- Revenue Growth
- -7.40%
- EPS Growth
- ―
- Country
- Netherlands
- Employees
- 3,300
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Application
TomTom Business Overview & Revenue Model
Company Description
TomTom N.V., a Dutch company established in Amsterdam in 1991, is a global provider of navigation and location-based products and services. The company operates through two primary divisions: Location Technology and Consumer. Its offerings include a...
How the Company Makes Money
TomTom primarily makes money by licensing its location technology and selling related services to business customers. A key revenue stream is Automotive, where TomTom provides car manufacturers and automotive suppliers with embedded navigation softwa...
TomTom Earnings Call Summary
The call was predominantly positive. TomTom reported improved gross margin, operating profitability, stronger cash generation, a solid net cash position, and a higher full-year operating margin outlook. Management also highlighted strategic opportunities in automated driving, enterprise location intelligence, AI integrations, and partnerships with DeepRoute.ai and Microsoft. These positives were tempered by a 6% group revenue decline, declines across automotive, enterprise, and consumer revenue, ongoing customer contract phase-outs, approximately 200 affected roles, and an upcoming EUR 15 million restructuring charge. AI monetization was described as an early-stage opportunity rather than an established revenue contributor.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
For 2026, TomTom expects group revenue of EUR 505 million-EUR 530 million, Location Technology revenue of EUR 450 million-EUR 470 million, and an operating margin of around 4%, including a restructuring charge of approximately EUR 15 million expected in the fourth quarter; excluding this one-off charge, operating margin is expected to be around 7% for the full year, with annualized savings for the organizational realignment estimated at approximately EUR 21 million. In the fourth quarter, apart from the EUR 15 million, full OpEx is expected to be slightly lower than what was reported in Q3 sequentially. For 2027, the company reiterates expectations of Location Technology revenue growth, supported by increasing gross margin and a more efficient cost base; the enterprise customer contract phase-out will take another three quarters to be fully phased out, although the exact quantity is not something that can be disclosed.
TomTom Financial Statement Overview
Summary
TomTom's financial health is strong, driven by a successful profitability turnaround. The balance sheet is a fortress with minimal debt (debt-to-equity of 0.05) and a robust 20.7% return on equity. Cash flow is solid and improving, with free cash flow growing over 33%. The primary offset is the persistent, though decelerating, single-digit revenue decline, which prevents a higher score.
Income Statement
72PositiveBalance Sheet
85Very PositiveCash Flow
78Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 523.86M | 554.69M | 574.38M | 584.76M | 536.34M | 506.93M |
| Gross Profit | 471.68M | 490.56M | 487.51M | 495.77M | 449.72M | 407.11M |
| EBITDA | 77.74M | 20.88M | 25.87M | 31.56M | -36.94M | -11.47M |
| Net Income | 31.11M | -6.40M | -17.29M | -21.01M | -102.73M | -94.65M |
Balance Sheet | ||||||
| Total Assets | 704.48M | 716.19M | 724.42M | 795.89M | 807.50M | 890.74M |
| Cash, Cash Equivalents and Short-Term Investments | 239.37M | 262.80M | 263.65M | 315.19M | 303.73M | 355.82M |
| Total Debt | 39.93M | 40.35M | 43.52M | 46.71M | 37.73M | 33.34M |
| Total Liabilities | 542.57M | 576.57M | 585.57M | 614.30M | 607.90M | 608.02M |
| Stockholders Equity | 161.91M | 139.62M | 138.85M | 181.59M | 199.61M | 282.72M |
Cash Flow | ||||||
| Free Cash Flow | 23.01M | 43.59M | -4.22M | 20.84M | -41.57M | 23.51M |
| Operating Cash Flow | 35.75M | 46.91M | 1.35M | 32.70M | -31.41M | 36.78M |
| Investing Cash Flow | -3.83M | -8.61M | 14.35M | -53.55M | -30.77M | -19.98M |
| Financing Cash Flow | -23.64M | -10.27M | -47.89M | -23.46M | -10.32M | -43.66M |
TomTom Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:TOM2, the sentiment is Neutral. The current price of 3.74 is below the 20-day moving average (MA) of 3.75, below the 50-day MA of 3.84, and below the 200-day MA of 4.49, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 53.62 is Neutral, neither overbought nor oversold. The STOCH value of 44.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NL:TOM2.
TomTom Peers Comparison
Overall Rating
NL:ADYEN75Outperform- NL:TOM269Neutral
NL:CMCOM49Neutral
NL:MTRK34Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| NL:ADYEN | 75Outperform | EUR 26.24B | 23.92 | 20.11% | ― | 16.73% | 12.21% |
| NL:TOM2 | 69Neutral | EUR 458.66M | 15.20 | 20.71% | ― | -7.40% | ― |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| NL:CMCOM | 49Neutral | EUR 202.65M | -28.48 | -26.35% | ― | -5.42% | 83.35% |
| NL:MTRK | 34Underperform | EUR 110.06M | -9.04 | ― | ― | 0.08% | -2.81% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| NL:TOM2 | Tomtom Nv | 3.74 | -1.39 | -27.17% | |
| NL:ADYEN | Adyen NV | 892.50 | -444.70 | -33.26% | |
| NL:CMCOM | CM.com N.V. | 6.10 | 0.85 | 16.19% | |
| NL:MTRK | MotorK PLC | 2.35 | -1.81 | -43.51% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 17, 2026