OB:SMCRTSoftware
SmartCraft (OB:SMCRT) Margin Decline Challenges Bullish Growth Narratives Despite Robust Outlook
SmartCraft (OB:SMCRT) delivered a 30.08% earnings growth forecast per year, with revenue expected to climb by 12% annually, both well ahead of the Norwegian market’s averages of 16.6% and 2.4%, respectively. The company’s net profit margin of 17.9% this period trails last year’s 23.6%, and while SmartCraft trades below its estimated fair value, investors may weigh these strong projections alongside a higher-than-average Price-to-Earnings Ratio of 40x. Altogether, results point to ongoing...