Arribatec Group ASA

OB:ARR Stock Report

Market Cap: NOK 372.1m

Arribatec Group Past Earnings Performance

Past criteria checks 3/6

Arribatec Group has been growing earnings at an average annual rate of 27.5%, while the IT industry saw earnings growing at 3% annually. Revenues have been growing at an average rate of 11.3% per year. Arribatec Group's return on equity is 9.8%, and it has net margins of 5%.

Key information

27.50%

Earnings growth rate

39.33%

EPS growth rate

IT Industry Growth14.92%
Revenue growth rate11.30%
Return on equity9.85%
Net Margin4.96%
Next Earnings Update27 Aug 2026

Recent past performance updates

Recent updates

Narrative Update Jun 05

ARR: Buybacks And Incoming CFO Will Support Repricing Potential

Analysts have adjusted their fair value assumptions, margin outlook and future P/E expectations for Arribatec Group. This has resulted in a revised price target for the stock in NOK that reflects updated views on its risk profile and earnings potential.
Narrative Update May 17

ARR: Share Buybacks Will Drive Repricing As New CFO Takes Over

Analysts have nudged their Arribatec Group price target slightly, reflecting modest adjustments to fair value, discount rate, and assumed P/E levels in NOK terms, while keeping the core growth and margin outlook broadly unchanged. What's in the News Arribatec Group completed a share buyback tranche between March 13, 2026 and March 31, 2026, repurchasing 2,000,000 shares for NOK 13 million under the previously announced program (company announcement).
Narrative Update Apr 29

ARR: Share Buybacks And New CFO Appointment Will Support Repricing

Analysts have reiterated their NOK fair value estimate for Arribatec Group at NOK 10.0 per share, pointing to only minor tweaks in discount rate, profit margin, revenue growth and forward P/E assumptions rather than any material shift in the investment case. What's in the News Arribatec Group ASA has completed a share buyback tranche, repurchasing 2,000,000 shares for NOK 13 million between March 13, 2026 and March 31, 2026 under the program announced on March 13, 2026 (Key Developments).
Narrative Update Apr 15

ARR: Future Margin Upside And New CFO Leadership Will Support Repricing

Analysts have reduced their Arribatec Group price target from NOK 60 to NOK 10, citing updated assumptions that reflect more moderate revenue growth, a slightly higher discount rate, stronger profit margin expectations, and a P/E multiple more in line with current sector norms. What's in the News Arribatec Group ASA announced that Group Chief Financial Officer Magnus Hofshagen will step down from his role effective March 31, 2026, after accepting a Chief Operating Officer position at Noventiq, an international IT services and solutions company (Key Developments).
Narrative Update Dec 09

ARR: Upcoming Stock Split Will Support Future Upside Despite Margin Headwinds

Analysts have modestly adjusted their price target on Arribatec Group upward, citing slightly higher long term valuation multiples despite a small downgrade to projected profit margins. This results in a new target equivalent to approximately NOK 60.00 per share.
Analysis Article Dec 05

Arribatec Group ASA (OB:ARR) Might Not Be As Mispriced As It Looks

There wouldn't be many who think Arribatec Group ASA's ( OB:ARR ) price-to-sales (or "P/S") ratio of 0.8x is worth a...
Narrative Update Nov 25

ARR: Stock Split On October 9 Will Drive Continued Share Momentum

Analysts have adjusted their price target for Arribatec Group to 60.0 NOK per share. They are maintaining their previous valuation because shifts in profit margin and discount rate have offset reduced future growth expectations.
Narrative Update Nov 06

ARR: Future Stock Split And Shareholder Meeting Will Drive Continued Momentum

Analysts have raised their price target for Arribatec Group from NOK 60 to NOK 60.0. This change reflects modest model updates supported by slightly higher revenue growth and margin expectations. What's in the News Arribatec Group ASA announced a 1 for 10 stock split or significant stock dividend, scheduled for October 9, 2025 (Key Developments).
Narrative Update Oct 23

Analysts Maintain Confidence in Arribatec Group as Valuation Metrics Shift Amid Key Developments

Narrative Update on Arribatec Group Analysts have maintained their fair value estimate for Arribatec Group unchanged at NOK 60.00. This reflects ongoing confidence in the company’s outlook, despite minor adjustments to key underlying metrics.
Narrative Update Oct 09

Cloud Migration And International Expansion Will Secure A Stable Future

Analysts have substantially raised their price target for Arribatec Group from NOK 6 to NOK 60. They cite increased confidence in the company’s fair value, despite a slightly higher discount rate applied in their valuation models.
Analysis Article Sep 06

Further Upside For Arribatec Group ASA (OB:ARR) Shares Could Introduce Price Risks After 29% Bounce

The Arribatec Group ASA ( OB:ARR ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Jul 07

Investors Aren't Entirely Convinced By Arribatec Group ASA's (OB:ARR) Revenues

With a median price-to-sales (or "P/S") ratio of close to 0.7x in the IT industry in Norway, you could be forgiven for...
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New Narrative Apr 21

Divestitures Cost Cuts And Cloud Migrations Will Streamline Operations

Advanced negotiations to divest certain divisions aim to streamline operations and focus on more profitable segments, potentially improving margins.
Analysis Article Apr 03

Arribatec Group ASA's (OB:ARR) Shares Leap 31% Yet They're Still Not Telling The Full Story

Arribatec Group ASA ( OB:ARR ) shares have had a really impressive month, gaining 31% after a shaky period beforehand...
Analysis Article Nov 28

Arribatec Group ASA (OB:ARR) Might Not Be As Mispriced As It Looks After Plunging 26%

Unfortunately for some shareholders, the Arribatec Group ASA ( OB:ARR ) share price has dived 26% in the last thirty...
Analysis Article Oct 07

Not Many Are Piling Into Arribatec Group ASA (OB:ARR) Stock Yet As It Plummets 52%

Unfortunately for some shareholders, the Arribatec Group ASA ( OB:ARR ) share price has dived 52% in the last thirty...
Analysis Article Aug 21

Why We're Not Concerned Yet About Arribatec Group ASA's (OB:ARR) 28% Share Price Plunge

Arribatec Group ASA ( OB:ARR ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Aug 07

Is Arribatec Group (OB:ARR) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 15

Arribatec Group ASA's (OB:ARR) 28% Share Price Surge Not Quite Adding Up

Arribatec Group ASA ( OB:ARR ) shareholders would be excited to see that the share price has had a great month, posting...
Analysis Article Feb 16

Fewer Investors Than Expected Jumping On Arribatec Group ASA (OB:ARR)

With a median price-to-sales (or "P/S") ratio of close to 0.8x in the IT industry in Norway, you could be forgiven for...
Analysis Article Nov 08

Market Cool On Arribatec Group ASA's (OB:ARR) Revenues

There wouldn't be many who think Arribatec Group ASA's ( OB:ARR ) price-to-sales (or "P/S") ratio of 0.5x is worth a...
Analysis Article Aug 22

Estimating The Intrinsic Value Of Arribatec Group ASA (OB:ARR)

Key Insights Arribatec Group's estimated fair value is kr5.72 based on 2 Stage Free Cash Flow to Equity Current share...

Revenue & Expenses Breakdown

How Arribatec Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:ARR Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26585292700
31 Dec 25579242730
30 Sep 25635-293170
30 Jun 25612-513260
31 Mar 25520-432930
31 Dec 24500-562880
30 Sep 24509-472940
30 Jun 24527-352930
31 Mar 24550-273000
31 Dec 23573-233090
30 Sep 23571-403240
30 Jun 23557-543210
31 Mar 23529-703160
31 Dec 22505-833140
30 Sep 22480-792950
30 Jun 22457-822960
31 Mar 22441-693320
31 Dec 21414-492440
30 Sep 21359-841290
30 Jun 21291-661610
31 Mar 21217-5730
31 Dec 20154-56900
31 Dec 19114320

Quality Earnings: ARR has high quality earnings.

Growing Profit Margin: ARR became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ARR has become profitable over the past 5 years, growing earnings by 27.5% per year.

Accelerating Growth: ARR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ARR has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (3.8%).


Return on Equity

High ROE: ARR's Return on Equity (9.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 04:46
End of Day Share Price 2026/06/17 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

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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

Arribatec Group ASA is covered by 2 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
Kristian StøleCarnegie Investment Bank AB
Olav RødevandPareto Securities