VITBS Stock Overview

Develops and delivers vertical software in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally. More details

VITBS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	3/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 18.09% per year

Earnings grew by 20.3% over the past year

Risk Analysis

Shares are highly illiquid

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Vitec Software Group AB (publ) Competitors

Bytes Technology Group

LSE:BYIT

UK£1.0b

GB Group

AIM:GBG

UK£870.3m

Cerillion

AIM:CER

UK£511.1m

Alfa Financial Software Holdings

LSE:ALFA

UK£636.0m

Price History & Performance

Summary of share price highs, lows and changes for Vitec Software Group
Historical stock prices
Current Share Price	SEK 499.50
52 Week High	SEK 553.25
52 Week Low	SEK 499.50
Beta	1.07
1 Month Change	0%
3 Month Change	n/a
1 Year Change	-8.43%
3 Year Change	-1.67%
5 Year Change	172.95%
Change since IPO	683.53%

Recent updates

Shareholder Returns

	VITBS	GB Software	GB Market
7D	0%	-1.7%	-2.6%
1Y	-8.4%	4.7%	2.4%

Return vs Industry: VITBS underperformed the UK Software industry which returned 8% over the past year.

Return vs Market: VITBS underperformed the UK Market which returned 6.9% over the past year.

Price Volatility

Is VITBS's price volatile compared to industry and market?
VITBS volatility
VITBS Average Weekly Movement	n/a
Software Industry Average Movement	5.5%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.7%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: VITBS's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine VITBS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1985	1,570	Olle Backman	www.vitecsoftware.com

Vitec Software Group AB (publ) develops and delivers vertical software in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally. The company offers software for energy management and grid balancing services; municipal culture and recreation administration offices, as well as other visitor facilities; healthcare companies; church-related administration purposes; banking and finance industries; information management within the process industry and energy companies; social services sector; automotive, transportation, and machinery industries; local associations and national organizations; construction and property management industries; pharmacy markets; emergency services and field management of emergency vehicles; car dealers and auto repair shops; electricity traders, and owners of electricity and district heating grids; hair and beauty salons; and welfare sectors. It also provides software for hotels and tourism sectors; real estate agencies; archives, digital heritage, and collections; education sectors; golf courses; insurance and media companies; food and grocery retail industries; bond markets; building and facility management services; private and municipal waste and resource processing services; travel agencies; and retail trade and manufacturing industries.

Vitec Software Group AB (publ) Fundamentals Summary

How do Vitec Software Group's earnings and revenue compare to its market cap?
VITBS fundamental statistics
Market cap	SEK 20.34b
Earnings (TTM)	SEK 393.38m
Revenue (TTM)	SEK 3.15b

51.7x

P/E Ratio

6.5x

P/S Ratio

Is VITBS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VITBS income statement (TTM)
Revenue	SEK 3.15b
Cost of Revenue	SEK 1.63b
Gross Profit	SEK 1.51b
Other Expenses	SEK 1.12b
Earnings	SEK 393.38m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 05, 2025

Earnings per share (EPS)	9.87
Gross Margin	48.10%
Net Profit Margin	12.50%
Debt/Equity Ratio	41.3%

How did VITBS perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

29%

Payout Ratio

Does VITBS pay a reliable dividends?

See VITBS dividend history and benchmarks

When do you need to buy VITBS by to receive an upcoming dividend?
Vitec Software Group dividend dates
Ex Dividend Date	Dec 19 2024
Dividend Pay Date	Dec 30 2024
Days until Ex dividend	3 days
Days until Dividend pay date	8 days

Does VITBS pay a reliable dividends?

See VITBS dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/14 13:15
End of Day Share Price	2024/09/16 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vitec Software Group AB (publ) is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Daniel Thorsson	ABG Sundal Collier Sponsored
Daniel Lindkvist	Danske Bank
null null	Danske Bank