ATEA Stock Overview

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions. More details

ATEA fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	2/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 43.1% below our estimate of its fair value

Earnings are forecast to grow 18.88% per year

Risk Analysis

Dividend of 5.12% is not well covered by earnings

My Notes

Capture your thoughts, links and company narrative

Atea ASA Competitors

Bouvet

OB:BOUV

NOK 7.8b

Itera

OB:ITERA

NOK 733.5m

Webstep

OB:WSTEP

NOK 614.5m

Crayon Group Holding

OB:CRAYN

NOK 11.9b

Price History & Performance

Summary of share price highs, lows and changes for Atea
Historical stock prices
Current Share Price	NOK 136.80
52 Week High	NOK 159.40
52 Week Low	NOK 119.60
Beta	0.79
1 Month Change	2.09%
3 Month Change	-4.47%
1 Year Change	7.89%
3 Year Change	-12.87%
5 Year Change	5.39%
Change since IPO	926.00%

Recent updates

Atea (OB:ATEA) Has Announced A Dividend Of NOK3.50

Nov 06

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Oct 23

Returns On Capital Are Showing Encouraging Signs At Atea (OB:ATEA)

Oct 08

Atea ASA's (OB:ATEA) Shareholders Might Be Looking For Exit

Aug 31

Atea's (OB:ATEA) Dividend Will Be NOK3.50

Aug 07

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Jul 23

Earnings Miss: Atea ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts

Jul 17

Atea (OB:ATEA) Has A Pretty Healthy Balance Sheet

Jul 13

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Jun 19

Atea's (OB:ATEA) Dividend Will Be NOK3.50

May 24

Shareholders May Be More Conservative With Atea ASA's (OB:ATEA) CEO Compensation For Now

Apr 19

Atea (OB:ATEA) Is Aiming To Keep Up Its Impressive Returns

Mar 13

There's Reason For Concern Over Atea ASA's (OB:ATEA) Price

Dec 21

Here's What Atea's (OB:ATEA) Strong Returns On Capital Mean

Oct 19

Is It Time To Consider Buying Atea ASA (OB:ATEA)?

Aug 24

Here's Why Atea (OB:ATEA) Can Manage Its Debt Responsibly

Aug 09

Many Would Be Envious Of Atea's (OB:ATEA) Excellent Returns On Capital

Jul 19

Calculating The Fair Value Of Atea ASA (OB:ATEA)

Jun 07

Is Now An Opportune Moment To Examine Atea ASA (OB:ATEA)?

May 16

Broker Revenue Forecasts For Atea ASA (OB:ATEA) Are Surging Higher

May 04

Here's Why Atea (OB:ATEA) Has Caught The Eye Of Investors

Apr 22

Industry Analysts Just Made A Meaningful Upgrade To Their Atea ASA (OB:ATEA) Revenue Forecasts

Feb 04

Shareholder Returns

	ATEA	NO IT	NO Market
7D	-2.7%	0.09%	-2.3%
1Y	7.9%	8.7%	-0.1%

Return vs Industry: ATEA matched the Norwegian IT industry which returned 8.7% over the past year.

Return vs Market: ATEA exceeded the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is ATEA's price volatile compared to industry and market?
ATEA volatility
ATEA Average Weekly Movement	4.6%
IT Industry Average Movement	4.6%
Market Average Movement	5.0%
10% most volatile stocks in NO Market	10.9%
10% least volatile stocks in NO Market	2.6%

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

Volatility Over Time: ATEA's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1968	8,006	Steinar Sonsteby	www.atea.com

Atea ASA provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions. The company offers data center and networking solutions comprising of cloudtrack, continuity planning, backup service, managed data center, cloud intelligence service, and disaster recovery services. It is also involved in software licensing and cloud solutions.

Atea ASA Fundamentals Summary

How do Atea's earnings and revenue compare to its market cap?
ATEA fundamental statistics
Market cap	NOK 15.30b
Earnings (TTM)	NOK 771.00m
Revenue (TTM)	NOK 33.37b

19.9x

P/E Ratio

0.5x

P/S Ratio

Is ATEA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ATEA income statement (TTM)
Revenue	NOK 33.37b
Cost of Revenue	NOK 23.01b
Gross Profit	NOK 10.36b
Other Expenses	NOK 9.59b
Earnings	NOK 771.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 06, 2025

Earnings per share (EPS)	6.89
Gross Margin	31.04%
Net Profit Margin	2.31%
Debt/Equity Ratio	26.7%

How did ATEA perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

101%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 01:56
End of Day Share Price	2024/12/18 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

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.

Analyst	Institution
Aksel Øverland Engebakken	ABG Sundal Collier
Markus Bjerke	Arctic Securities ASA
Erik Hjulström	Beringer Finance AB

ATEA Stock Overview

Rewards

Risk Analysis

Atea ASA Competitors

OB:BOUV

NOK 7.8b

OB:ITERA

NOK 733.5m

OB:WSTEP

NOK 614.5m

OB:CRAYN

NOK 11.9b

Price History & Performance

Recent News & Updates

Upcoming dividend of kr3.50 per share

Atea (OB:ATEA) Has Announced A Dividend Of NOK3.50

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Atea ASA to Report First Half, 2025 Results on Jul 16, 2025

Returns On Capital Are Showing Encouraging Signs At Atea (OB:ATEA)

Recent updates

Upcoming dividend of kr3.50 per share

Atea (OB:ATEA) Has Announced A Dividend Of NOK3.50

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Atea ASA to Report First Half, 2025 Results on Jul 16, 2025

Returns On Capital Are Showing Encouraging Signs At Atea (OB:ATEA)

Price target decreased by 7.3% to kr148

Atea ASA's (OB:ATEA) Shareholders Might Be Looking For Exit

Atea's (OB:ATEA) Dividend Will Be NOK3.50

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Consensus EPS estimates fall by 12%

Earnings Miss: Atea ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Atea (OB:ATEA) Has A Pretty Healthy Balance Sheet

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Atea's (OB:ATEA) Dividend Will Be NOK3.50

Dividend of kr3.50 announced

Upcoming dividend of kr3.50 per share

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Shareholders May Be More Conservative With Atea ASA's (OB:ATEA) CEO Compensation For Now

Full year 2023 earnings: EPS and revenues miss analyst expectations

Atea ASA Proposes Cash Dividend with Two Payments, Payable on May 28, 2024 and November 26, 2024

Atea (OB:ATEA) Is Aiming To Keep Up Its Impressive Returns

Atea ASA Provides Earnings Guidance for the First Quarter and Full Year 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

There's Reason For Concern Over Atea ASA's (OB:ATEA) Price

Atea ASA to Report Q4, 2024 Results on Feb 06, 2025

Atea ASA Has Proposes Cash Dividend, Payable on November 28, 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Here's What Atea's (OB:ATEA) Strong Returns On Capital Mean

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Is It Time To Consider Buying Atea ASA (OB:ATEA)?

Now 21% undervalued after recent price drop

Here's Why Atea (OB:ATEA) Can Manage Its Debt Responsibly

Insider recently bought kr2.7m worth of stock

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Many Would Be Envious Of Atea's (OB:ATEA) Excellent Returns On Capital

Now 22% undervalued

Calculating The Fair Value Of Atea ASA (OB:ATEA)

Is Now An Opportune Moment To Examine Atea ASA (OB:ATEA)?

Less than half of directors are independent

Broker Revenue Forecasts For Atea ASA (OB:ATEA) Are Surging Higher

Consensus revenue estimates increase by 25%

Price target increased by 7.1% to kr150

Here's Why Atea (OB:ATEA) Has Caught The Eye Of Investors

Upcoming dividend of kr3.13 per share at 4.9% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Chief Financial Officer recently sold kr947k worth of stock

Insider exercised options to buy kr17m worth of stock.

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Atea ASA Proposes Dividend

Now 20% undervalued after recent price drop

Industry Analysts Just Made A Meaningful Upgrade To Their Atea ASA (OB:ATEA) Revenue Forecasts

Consensus revenue estimates increase by 27%

Atea ASA to Report Q3, 2023 Results on Oct 19, 2023

Upcoming dividend of kr2.75 per share

Atea ASA (OB:ATEA) commences an Equity Buyback Plan, under the authorization approved on April 28, 2022.

Third quarter 2022 earnings released: EPS: kr1.76 (vs kr1.66 in 3Q 2021)