Atea ASA

LSE:0JWO Stock Report

Market Cap: NOK 15.9b

Atea Valuation

Is 0JWO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0JWO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
NOK 245.07
Fair Value
43.1% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: 0JWO (NOK139.4) is trading below our estimate of fair value (NOK245.07)

Significantly Below Fair Value: 0JWO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0JWO?

Key metric: As 0JWO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0JWO. This is calculated by dividing 0JWO's market cap by their current earnings.
What is 0JWO's PE Ratio?
PE Ratio20.2x
EarningsNOK 771.00m
Market CapNOK 15.86b

Price to Earnings Ratio vs Peers

How does 0JWO's PE Ratio compare to its peers?

The above table shows the PE ratio for 0JWO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.4x
KNOS Kainos Group
18.1x1.5%UK£926.9m
CCC Computacenter
12.6x5.9%UK£2.1b
SCT Softcat
25x8.6%UK£3.0b
FDM FDM Group (Holdings)
10x-7.3%UK£317.5m
0JWO Atea
20.2x18.9%NOK 15.9b

Price-To-Earnings vs Peers: 0JWO is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (16.4x).

Price to Earnings Ratio vs Industry

How does 0JWO's PE Ratio compare vs other companies in the European IT Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0JWO 20.2xIndustry Avg. 17.4xNo. of Companies24PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0JWO is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the European IT industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0JWO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0JWO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.2x
Fair PE Ratio39.2x

Price-To-Earnings vs Fair Ratio: 0JWO is good value based on its Price-To-Earnings Ratio (20.2x) compared to the estimated Fair Price-To-Earnings Ratio (39.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0JWO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 139.40
NOK 151.00
+8.3%
10.0%NOK 170.00NOK 133.00n/a3
Jan ’26NOK 141.40
NOK 151.00
+6.8%
10.0%NOK 170.00NOK 133.00n/a3
Dec ’25NOK 136.20
NOK 151.00
+10.9%
10.0%NOK 170.00NOK 133.00n/a3
Nov ’25NOK 137.80
NOK 149.33
+8.4%
11.5%NOK 170.00NOK 128.00n/a3
Oct ’25NOK 134.40
NOK 147.67
+9.9%
11.7%NOK 170.00NOK 128.00n/a3
Sep ’25NOK 144.60
NOK 159.33
+10.2%
14.1%NOK 180.00NOK 128.00n/a3
Aug ’25NOK 145.36
NOK 159.33
+9.6%
14.1%NOK 180.00NOK 128.00n/a3
Jul ’25NOK 152.20
NOK 150.00
-1.4%
19.6%NOK 180.00NOK 110.00n/a3
Jun ’25NOK 146.00
NOK 150.00
+2.7%
19.6%NOK 180.00NOK 110.00n/a3
May ’25NOK 140.55
NOK 150.00
+6.7%
19.6%NOK 180.00NOK 110.00n/a3
Apr ’25NOK 129.60
NOK 148.67
+14.7%
21.0%NOK 180.00NOK 106.00n/a3
Mar ’25NOK 125.61
NOK 148.67
+18.4%
21.0%NOK 180.00NOK 106.00n/a3
Feb ’25NOK 139.18
NOK 158.00
+13.5%
11.9%NOK 180.00NOK 134.00n/a3
Jan ’25NOK 128.76
NOK 158.33
+23.0%
10.4%NOK 180.00NOK 140.00NOK 141.403
Dec ’24NOK 123.00
NOK 158.33
+28.7%
10.4%NOK 180.00NOK 140.00NOK 136.203
Nov ’24NOK 117.19
NOK 158.75
+35.5%
7.9%NOK 180.00NOK 148.00NOK 137.804
Oct ’24NOK 133.60
NOK 162.00
+21.3%
7.4%NOK 180.00NOK 148.00NOK 134.404
Sep ’24NOK 131.80
NOK 162.00
+22.9%
7.4%NOK 180.00NOK 148.00NOK 144.604
Aug ’24NOK 137.66
NOK 162.00
+17.7%
7.4%NOK 180.00NOK 148.00NOK 145.364
Jul ’24NOK 156.17
NOK 150.25
-3.8%
8.0%NOK 170.00NOK 140.00NOK 152.204
Jun ’24NOK 150.09
NOK 150.25
+0.1%
8.0%NOK 170.00NOK 140.00NOK 146.004
May ’24NOK 146.39
NOK 141.50
-3.3%
6.1%NOK 150.00NOK 128.00NOK 140.554
Apr ’24NOK 125.23
NOK 137.00
+9.4%
6.1%NOK 150.00NOK 128.00NOK 129.604
Mar ’24NOK 120.35
NOK 137.00
+13.8%
6.1%NOK 150.00NOK 128.00NOK 125.614
Feb ’24NOK 113.60
NOK 131.25
+15.5%
9.1%NOK 150.00NOK 117.00NOK 139.184
Jan ’24NOK 114.40
NOK 130.75
+14.3%
8.5%NOK 150.00NOK 123.00NOK 128.764
Analyst Price Target
Consensus Narrative from 3 Analysts
NOK 150.78
Fair Value
7.5% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 21:01
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Atea ASA is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aksel Øverland EngebakkenABG Sundal Collier
Markus BjerkeArctic Securities ASA
Erik HjulströmBeringer Finance AB