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Data Respons

OB:DAT
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DAT
OB
NOK2B
Market Cap
  1. Home
  2. NO
  3. Software
Company description

Data Respons ASA, an independent technology company, provides research and development services, and smart embedded solutions to OEM companies, system integrators, and vertical product suppliers in Norway, Sweden, Denmark, Germany, and Taiwan. The last earnings update was 41 days ago. More info.


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DAT Share Price and Events
7 Day Returns
-3.3%
OB:DAT
0.7%
NO IT
1.9%
NO Market
1 Year Returns
5.8%
OB:DAT
7.2%
NO IT
-4.4%
NO Market
DAT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Data Respons (DAT) -3.3% -6.1% 9.4% 5.8% 154.4% 163.6%
NO IT 0.7% -3.8% 3.9% 7.2% 64% 97.8%
NO Market 1.9% -3% -1.3% -4.4% 29.5% 17.2%
1 Year Return vs Industry and Market
  • DAT underperformed the IT industry which returned 7.2% over the past year.
  • DAT outperformed the Market in Norway which returned -4.4% over the past year.
Price Volatility
DAT
Industry
5yr Volatility vs Market
Related Companies

DAT Value

 Is Data Respons undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Data Respons to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Data Respons.

OB:DAT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year NO Government Bond Rate 1.8%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OB:DAT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NO Govt Bond Rate 1.8%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.05 (1 + (1- 23%) (15.38%))
1.116
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.76% + (1.116 * 5.96%)
8.41%

Discounted Cash Flow Calculation for OB:DAT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Data Respons is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OB:DAT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (NOK, Millions) Source Present Value
Discounted (@ 8.41%)
2019 179.30 Est @ 35.37% 165.39
2020 224.64 Est @ 25.29% 191.13
2021 265.59 Est @ 18.23% 208.43
2022 300.89 Est @ 13.29% 217.80
2023 330.46 Est @ 9.83% 220.64
2024 354.95 Est @ 7.41% 218.60
2025 375.23 Est @ 5.71% 213.15
2026 392.22 Est @ 4.53% 205.51
2027 406.72 Est @ 3.7% 196.57
2028 419.39 Est @ 3.12% 186.97
Present value of next 10 years cash flows NOK2,024.20
OB:DAT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= NOK419.39 × (1 + 1.76%) ÷ (8.41% – 1.76%)
NOK6,413.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= NOK6,413.69 ÷ (1 + 8.41%)10
NOK2,859.23
OB:DAT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= NOK2,024.20 + NOK2,859.23
NOK4,883.42
Equity Value per Share
(NOK)
= Total value / Shares Outstanding
= NOK4,883.42 / 62.38
NOK78.28
OB:DAT Discount to Share Price
Calculation Result
Value per share (NOK) From above. NOK78.28
Current discount Discount to share price of NOK29.00
= -1 x (NOK29.00 - NOK78.28) / NOK78.28
63%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Data Respons is available for.
Intrinsic value
>50%
Share price is NOK29 vs Future cash flow value of NOK78.28
Current Discount Checks
For Data Respons to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Data Respons's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Data Respons's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Data Respons's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Data Respons's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:DAT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in NOK NOK1.49
OB:DAT Share Price ** OB (2019-05-23) in NOK NOK29
Norway IT Industry PE Ratio Median Figure of 6 Publicly-Listed IT Companies 18.95x
Norway Market PE Ratio Median Figure of 133 Publicly-Listed Companies 13.48x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Data Respons.

OB:DAT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:DAT Share Price ÷ EPS (both in NOK)

= 29 ÷ 1.49

19.42x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Data Respons is overvalued based on earnings compared to the NO IT industry average.
  • Data Respons is overvalued based on earnings compared to the Norway market.
Price based on expected Growth
Does Data Respons's expected growth come at a high price?
Raw Data
OB:DAT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
5.6%per year
Europe IT Industry PEG Ratio Median Figure of 84 Publicly-Listed IT Companies 1.56x
Norway Market PEG Ratio Median Figure of 103 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Data Respons, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Data Respons's assets?
Raw Data
OB:DAT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in NOK NOK8.85
OB:DAT Share Price * OB (2019-05-23) in NOK NOK29
Norway IT Industry PB Ratio Median Figure of 7 Publicly-Listed IT Companies 3.81x
Norway Market PB Ratio Median Figure of 212 Publicly-Listed Companies 1.15x
OB:DAT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:DAT Share Price ÷ Book Value per Share (both in NOK)

= 29 ÷ 8.85

3.28x

* Primary Listing of Data Respons.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Data Respons is good value based on assets compared to the NO IT industry average.
X
Value checks
We assess Data Respons's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Data Respons has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DAT Future Performance

 How is Data Respons expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Data Respons, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Data Respons expected to grow at an attractive rate?
  • Data Respons's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • Data Respons's earnings growth is positive but not above the Norway market average.
  • Unable to compare Data Respons's revenue growth to the Norway market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OB:DAT Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:DAT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 5.6%
Norway IT Industry Earnings Growth Rate Market Cap Weighted Average 13.4%
Europe IT Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
Norway Market Earnings Growth Rate Market Cap Weighted Average 13.8%
Norway Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OB:DAT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:DAT Future Estimates Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OB:DAT Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2019-03-31 1,587 136 83
2018-12-31 1,488 63 53
2018-09-30 1,405 43 46
2018-06-30 1,346 53 42
2018-03-31 1,301 45 30
2017-12-31 1,241 78 40
2017-09-30 1,189 92 66
2017-06-30 1,136 86 66
2017-03-31 1,088 58 74
2016-12-31 1,038 79 47
2016-09-30 1,005 52 46
2016-06-30 1,000 56 43

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Data Respons's earnings are expected to grow by 5.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Data Respons is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OB:DAT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Data Respons Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:DAT Future Estimates Data
Date (Data in NOK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OB:DAT Past Financials Data
Date (Data in NOK Millions) EPS *
2019-03-31 1.49
2018-12-31 0.98
2018-09-30 0.87
2018-06-30 0.80
2018-03-31 0.59
2017-12-31 0.80
2017-09-30 1.32
2017-06-30 1.32
2017-03-31 1.49
2016-12-31 0.95
2016-09-30 0.93
2016-06-30 0.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Data Respons will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Data Respons's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Norway market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Data Respons has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DAT Past Performance

  How has Data Respons performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Data Respons's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Data Respons's year on year earnings growth rate has been positive over the past 5 years.
  • Data Respons's 1-year earnings growth exceeds its 5-year average (172.7% vs 11.6%)
  • Data Respons's earnings growth has exceeded the NO IT industry average in the past year (172.7% vs 51.1%).
Earnings and Revenue History
Data Respons's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Data Respons Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:DAT Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,587.43 82.87 39.27
2018-12-31 1,488.03 53.37 39.27
2018-09-30 1,404.79 46.39 31.23
2018-06-30 1,346.19 41.69 31.23
2018-03-31 1,301.29 30.39 31.23
2017-12-31 1,241.39 40.39 31.23
2017-09-30 1,188.96 66.03 26.63
2017-06-30 1,136.46 65.63 26.63
2017-03-31 1,087.56 74.23 26.63
2016-12-31 1,037.96 46.83 26.63
2016-09-30 1,005.17 45.66 28.23
2016-06-30 999.77 42.76 28.23
2016-03-31 965.27 41.26 28.23
2015-12-31 963.07 42.56 28.23
2015-09-30 923.88 38.57 27.34
2015-06-30 884.38 37.57 27.34
2015-03-31 864.58 38.17 27.34
2014-12-31 848.58 37.67 27.34
2014-09-30 849.09 36.60 26.61
2014-06-30 821.69 32.20 26.61
2014-03-31 832.49 30.70 26.61
2013-12-31 800.49 29.40 26.61
2013-09-30 781.84 19.90 26.83
2013-06-30 807.74 17.90 26.83
2013-03-31 811.59 15.05 26.83
2012-12-31 844.14 12.80 26.83
2012-09-30 858.78 -80.27 29.64
2012-06-30 863.58 -82.43 29.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Data Respons has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Data Respons used its assets less efficiently than the NO IT industry average last year based on Return on Assets.
  • Data Respons's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Data Respons's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Data Respons has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DAT Health

 How is Data Respons's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Data Respons's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Data Respons is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Data Respons's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Data Respons's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Data Respons Company Filings, last reported 1 month ago.

OB:DAT Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 543.11 278.14 82.42
2018-12-31 543.11 278.14 82.42
2018-09-30 410.10 197.50 27.60
2018-06-30 390.70 216.20 44.00
2018-03-31 404.00 182.10 62.30
2017-12-31 346.62 170.14 50.66
2017-09-30 331.20 83.50 18.50
2017-06-30 327.20 116.70 44.10
2017-03-31 334.60 92.00 46.60
2016-12-31 282.79 95.33 62.90
2016-09-30 261.30 94.40 20.00
2016-06-30 265.50 0.00 7.50
2016-03-31 309.30 0.00 41.80
2015-12-31 305.86 0.00 39.02
2015-09-30 283.00 0.00 23.50
2015-06-30 261.10 0.00 9.90
2015-03-31 293.60 0.00 42.00
2014-12-31 288.14 0.00 42.83
2014-09-30 263.20 0.00 19.80
2014-06-30 258.50 0.00 8.30
2014-03-31 296.80 0.00 40.10
2013-12-31 291.22 0.00 44.14
2013-09-30 278.80 0.00 22.80
2013-06-30 270.10 0.00 8.70
2013-03-31 276.15 0.00 11.46
2012-12-31 255.33 0.00 7.25
2012-09-30 253.44 16.64 4.14
2012-06-30 250.18 10.48 4.25
  • Data Respons's level of debt (51.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 51.2% today).
  • Debt is well covered by operating cash flow (48.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 155.6x coverage).
X
Financial health checks
We assess Data Respons's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Data Respons has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DAT Dividends

 What is Data Respons's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.45%
Current annual income from Data Respons dividends.
If you bought NOK2,000 of Data Respons shares you are expected to receive NOK69 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Data Respons's pays a higher dividend yield than the bottom 25% of dividend payers in Norway (2.62%).
  • Data Respons's dividend is below the markets top 25% of dividend payers in Norway (6.51%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OB:DAT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Norway IT Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 5.3%
Norway Market Average Dividend Yield Market Cap Weighted Average of 109 Stocks 4.4%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.8%
Norway Bottom 25% Dividend Yield 25th Percentile 2.6%
Norway Top 25% Dividend Yield 75th Percentile 6.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OB:DAT Future Dividends Estimate Data
Date (Data in NOK) Dividend per Share (annual) Avg. No. Analysts
OB:DAT Past Annualized Dividends Data
Date (Data in NOK) Dividend per share (annual) Avg. Yield (%)
2019-01-31 1.000 3.536
2018-02-28 1.000 3.955
2017-03-23 1.000 3.894
2016-02-01 1.000 6.936
2015-03-25 1.000 7.815
2015-01-29 1.000 7.241
2014-01-31 1.000 9.116
2013-04-04 0.250 3.109

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Data Respons has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Data Respons only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Data Respons's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Data Respons's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Data Respons afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Data Respons has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DAT Management

 What is the CEO of Data Respons's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kenneth Ragnvaldsen
COMPENSATION NOK4,800,134
AGE 51
TENURE AS CEO 15.7 years
CEO Bio

Mr. Kenneth Ragnvaldsen has been the Chief Executive Officer of Data Respons ASA since Sept 17, 2003. Mr. Ragnvaldsen served as the Director of Sales and Marketing at Data Respons ASA. He worked in economics, sales and marketing for three years before joining Data Respons ASA in 1995. Mr. Ragnvaldsen is trained as a business economist and has an MBA from the Norwegian School of Economics and Business Management (BI).

CEO Compensation
  • Kenneth's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Kenneth's remuneration is about average for companies of similar size in Norway.
Management Team

Kenneth Ragnvaldsen

TITLE
Chief Executive Officer
COMPENSATION
NOK5M
AGE
51
TENURE
15.7 yrs

Rune Wahl

TITLE
Chief Financial Officer
COMPENSATION
NOK4M
AGE
52
TENURE
14.3 yrs

Jørn Toppe

TITLE
Managing Director
COMPENSATION
NOK2M
AGE
61

Johan Jacobsson

TITLE
Managing Director of Sylog

Ivar A. Sehm

TITLE
Managing Director

Kim Fahrenholtz

TITLE
Managing Director

Hans Kamutzki

TITLE
Managing Director

Heidi Sauer

TITLE
Managing Director

Andreas Lassmann

TITLE
Managing Director
AGE
45

Haakon Flaaten

TITLE
Group Controller
Board of Directors Tenure

Average tenure and age of the Data Respons board of directors in years:

3.1
Average Tenure
57
Average Age
  • The tenure for the Data Respons board of directors is about average.
Board of Directors

Erik Langaker

TITLE
Chairman of the Board
COMPENSATION
NOK465K
AGE
55
TENURE
2.1 yrs

Martin Burkhalter

TITLE
Director
COMPENSATION
NOK230K
AGE
66
TENURE
1.1 yrs

Åsa Grübb-Weinberg

TITLE
Employee Representative Director
COMPENSATION
NOK50K
AGE
63
TENURE
9 yrs

Ulla-Britt Fräjdin-Hellqvist

TITLE
Director
COMPENSATION
NOK210K
AGE
64
TENURE
7.5 yrs

Janne Morstøl

TITLE
Director
COMPENSATION
NOK225K
AGE
50
TENURE
4.1 yrs

Morten Thorkildsen

TITLE
Director
COMPENSATION
NOK220K
AGE
57
TENURE
1.1 yrs

Marius Westgaard

TITLE
Employee Representative Director
COMPENSATION
NOK50K
AGE
28
TENURE
1 yrs

Morten Viksøy

TITLE
Deputy Director
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
31. Oct 18 Buy Martin Burkhalter Individual 31. Oct 18 31. Oct 18 3,000 NOK25.80 NOK77,400
24. Oct 18 Buy Janne Morstøl Individual 24. Oct 18 24. Oct 18 4,000 NOK26.50 NOK106,000
24. Oct 18 Buy Erik Langaker Individual 24. Oct 18 24. Oct 18 16,000 NOK26.50 NOK424,000
X
Management checks
We assess Data Respons's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Data Respons has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DAT News

Simply Wall St News

Have Insiders Been Buying Data Respons ASA (OB:DAT) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Data Respons ASA (OB:DAT). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Data Respons Insider Transactions Over The Last Year

Simply Wall St -

With EPS Growth And More, Data Respons (OB:DAT) Is Interesting

In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Data Respons (OB:DAT). … How Quickly Is Data Respons Increasing Earnings Per Share. … I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats).

Simply Wall St -

Data Respons ASA (OB:DAT): Ex-Dividend Is In 3 Days

On the 28 June 2019, Data Respons ASA (OB:DAT) will be paying shareholders an upcoming dividend amount of øre1.00 per share. … Well, keep on reading because today, I'm going to look at the latest data and analyze the stock and its dividend property in further detail. … Has it paid dividend every year without dramatically reducing payout in the past?

Simply Wall St -

Why Data Respons ASA’s (OB:DAT) Return On Capital Employed Looks Uninspiring

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Data Respons ASA (OB:DAT): Is It A Smart Long Term Opportunity?

Looking at Data Respons ASA's (OB:DAT) earnings update in December 2018, … with profits predicted to ramp up by an impressive 66% next year,

Simply Wall St -

The Data Respons (OB:DAT) Share Price Has Gained 157%, So Why Not Pay It Some Attention?

It's also good to see the share price up 14% over the last quarter. … In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … Over half a decade, Data Respons managed to grow its earnings per share at 10% a year.

Simply Wall St -

Despite Its High P/E Ratio, Is Data Respons ASA (OB:DAT) Still Undervalued?

To keep it practical, we'll show how Data Respons ASA's (OB:DAT) P/E ratio could help you assess the value on offer. … Data Respons has a P/E ratio of 27.55, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Should Data Respons ASA (OB:DAT) Be Part Of Your Income Portfolio?

Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … Historically, Data Respons ASA (OB:DAT) has paid a dividend to shareholders. … Let's take a look at Data Respons in more detail.

Simply Wall St -

Have Insiders Been Buying Data Respons ASA (OB:DAT) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So before you buy or sell Data Respons ASA (OB:DAT), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares.

Simply Wall St -

Do Institutions Own Shares In Data Respons ASA (OB:DAT)?

If you want to know who really controls Data Respons ASA (OB:DAT), then you'll have to look at the makeup of its share registry. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership.

Simply Wall St -

DAT Company Info

Description

Data Respons ASA, an independent technology company, provides research and development services, and smart embedded solutions to OEM companies, system integrators, and vertical product suppliers in Norway, Sweden, Denmark, Germany, and Taiwan. The company operates through R&D Services and Solutions segments. The R&D Services segment offers consultancy services for a range of technology related development projects. This segment offers its services in the areas of engineering consultancy, project management, custom software development, IoT application development, Java, software development, end to end development, UX/UI design, embedded software, application security, electronic and hardware development, DevOps as-a-service, mechanical design, and test and quality. The Solutions segment engages in the development and delivery of custom solutions by combining engineering services with standard embedded computer products from partners or deliveries of standard embedded computer services. The company serves the transport, automotive, industrial, automation, telecommunication, media, space, defense and security, Medtech, energy, maritime, public sector, and finance markets. Data Respons ASA was founded in 1986 and is headquartered in Høvik, Norway.

Details
Name: Data Respons ASA
DAT
Exchange: OB
Founded: 1986
NOK1,809,039,401
62,380,669
Website: http://www.datarespons.com
Address: Data Respons ASA
Sandviksveien 26,
Høvik,
Akershus, 1363,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB DAT Ordinary Shares Oslo Bors NO NOK 24. Mar 1997
LSE 0E3Q Ordinary Shares London Stock Exchange GB NOK 24. Mar 1997
BATS-CHIXE DATO Ordinary Shares BATS 'Chi-X Europe' GB NOK 24. Mar 1997
Number of employees
Current staff
Staff numbers
776
Data Respons employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 20:35
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/01/31
Last earnings filing: 2019/04/12
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.