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Goodtech ASAOB:GOD Stock Report

Market Cap NOK 340.4m
Share Price
NOK 11.40
NOK 13
12.3% undervalued intrinsic discount
1Y28.9%
7D4.0%
1D
Portfolio Value
View

Goodtech ASA

OB:GOD Stock Report

Market Cap: NOK 340.4m

Goodtech (GOD) Stock Overview

Provides control systems, digitization, and production optimization services for the manufacturing industry in Norway, Sweden, the United States, Japan, Demark, Chile, and internationally. More details

GOD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends3/6

GOD Community Fair Values

Create Narrative

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Goodtech ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Goodtech
Historical stock prices
Current Share PriceNOK 11.60
52 Week HighNOK 11.50
52 Week LowNOK 8.24
Beta0.37
1 Month Change3.57%
3 Month Change6.91%
1 Year Change28.89%
3 Year Change16.00%
5 Year Change11.54%
Change since IPO-97.68%

Recent News & Updates

Analysis Article May 15

We Like Goodtech's (OB:GOD) Earnings For More Than Just Statutory Profit

Goodtech ASA's ( OB:GOD ) solid earnings announcement recently didn't do much to the stock price. We did some analysis...
New Narrative May 09

Automation And Service Expansion Will Support A Stronger Long Term Earnings Profile

Catalysts About Goodtech Goodtech delivers automation, digitalization and system integration solutions for industrial and process industry customers. What are the underlying business or industry changes driving this perspective?

Recent updates

Analysis Article May 15

We Like Goodtech's (OB:GOD) Earnings For More Than Just Statutory Profit

Goodtech ASA's ( OB:GOD ) solid earnings announcement recently didn't do much to the stock price. We did some analysis...
New Narrative May 09

Automation And Service Expansion Will Support A Stronger Long Term Earnings Profile

Catalysts About Goodtech Goodtech delivers automation, digitalization and system integration solutions for industrial and process industry customers. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 14

What Goodtech ASA's (OB:GOD) P/E Is Not Telling You

Goodtech ASA's ( OB:GOD ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a sell right now compared...
Analysis Article Dec 18

Goodtech (OB:GOD) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article Nov 13

There May Be Some Bright Spots In Goodtech's (OB:GOD) Earnings

Goodtech ASA's ( OB:GOD ) stock was strong despite it releasing a soft earnings report last week. We think that...
Analysis Article Nov 01

Pinning Down Goodtech ASA's (OB:GOD) P/E Is Difficult Right Now

When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
Analysis Article May 14

Goodtech's (OB:GOD) Conservative Accounting Might Explain Soft Earnings

Goodtech ASA's ( OB:GOD ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...
Analysis Article Apr 18

Shareholders Will Probably Not Have Any Issues With Goodtech ASA's (OB:GOD) CEO Compensation

Key Insights Goodtech will host its Annual General Meeting on 24th of April Total pay for CEO Margrethe Hauge includes...
Analysis Article Dec 09

Is Goodtech (OB:GOD) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Nov 14

Goodtech ASA's (OB:GOD) 26% Dip In Price Shows Sentiment Is Matching Revenues

The Goodtech ASA ( OB:GOD ) share price has fared very poorly over the last month, falling by a substantial 26%. The...
Analysis Article Nov 02

Impressive Earnings May Not Tell The Whole Story For Goodtech (OB:GOD)

Investors were disappointed with Goodtech ASA's ( OB:GOD ) earnings, despite the strong profit numbers. We think that...
Analysis Article Oct 26

Is Now The Time To Put Goodtech (OB:GOD) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 20

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Apr 11

Returns On Capital Are Showing Encouraging Signs At Goodtech (OB:GOD)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Feb 24

Here's Why Goodtech (OB:GOD) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 06

We Think Goodtech (OB:GOD) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 13

Returns At Goodtech (OB:GOD) Are On The Way Up

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 28

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 27

The Return Trends At Goodtech (OB:GOD) Look Promising

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article May 17

Goodtech (OB:GOD) Has Debt But No Earnings; Should You Worry?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

GODNO MachineryNO Market
7D4.0%2.2%-0.2%
1Y28.9%14.1%22.4%

Return vs Industry: GOD exceeded the Norwegian Machinery industry which returned 14.1% over the past year.

Return vs Market: GOD exceeded the Norwegian Market which returned 22.4% over the past year.

Price Volatility

Is GOD's price volatile compared to industry and market?
GOD volatility
GOD Average Weekly Movement3.8%
Machinery Industry Average Movement8.7%
Market Average Movement5.6%
10% most volatile stocks in NO Market12.0%
10% least volatile stocks in NO Market3.3%

Stable Share Price: GOD has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: GOD's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1913309Margrethe Haugegoodtech.no

Goodtech ASA provides control systems, digitization, and production optimization services for the manufacturing industry in Norway, Sweden, the United States, Japan, Demark, Chile, and internationally. The company provides a range of in-house developed and partner-driven technologies and customized solutions for energy storage and management, digital transformation maturity, control system for wind power, asset monitoring, manufacturing execution system, technical audit services, business intelligence, cyber security management system, food production line, data hub for industrialized IT/OT architecture, and WIZX providing data storage and cloud solutions, digital production system, and feasibility study services. It also offers robotic systems for handling, controlling, and logistics of bulk materials under the Portabulk brand; power and electrical, automation, and system integration solutions; constructs and rehabilitates transformer stations.

Goodtech ASA Fundamentals Summary

How do Goodtech's earnings and revenue compare to its market cap?
GOD fundamental statistics
Market capNOK 340.35m
Earnings (TTM)NOK 34.20m
Revenue (TTM)NOK 700.20m
10.1x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GOD income statement (TTM)
RevenueNOK 700.20m
Cost of RevenueNOK 173.50m
Gross ProfitNOK 526.70m
Other ExpensesNOK 492.50m
EarningsNOK 34.20m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 17, 2026

Earnings per share (EPS)1.15
Gross Margin75.22%
Net Profit Margin4.88%
Debt/Equity Ratio0%

How did GOD perform over the long term?

See historical performance and comparison

Dividends

4.3%
Current Dividend Yield
43%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 18:08
End of Day Share Price 2026/05/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Goodtech ASA is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tomas SkeivysNorne Securities AS
Rytis MikelionisNorne Securities AS
Evelina SarulNorne Securities AS