OB:DAT

Stock Analysis Report

Executive Summary

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.

Snowflake

Fundamentals

Excellent balance sheet with acceptable track record.

Risks

  • Data Respons is not covered by any analysts.

Similar Companies

Share Price & News

How has Data Respons's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.5%

OB:DAT

-0.09%

NO IT

-0.8%

NO Market


1 Year Return

23.8%

OB:DAT

-0.8%

NO IT

-14.6%

NO Market

DAT outperformed the IT industry which returned -0.6% over the past year.

DAT outperformed the Market in Norway which returned -14.4% over the past year.


Share holder returns

DATIndustryMarket
7 Day2.5%-0.09%-0.8%
30 Day0.6%-0.7%-3.6%
90 Day13.7%-3.4%-7.5%
1 Year27.8%23.8%4.6%-0.8%-9.7%-14.6%
3 Year171.4%143.1%62.1%49.8%38.2%19.9%
5 Year302.9%208.3%188.6%108.8%37.3%6.1%

Price Volatility Vs. Market

How volatile is Data Respons's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

16%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Data Respons's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Data Respons's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

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

Unable to calculate PEG ratio for Data Respons, we can't assess if its growth is good value.


Price Based on Value of Assets

Data Respons is good value based on assets compared to the NO IT industry average.


Next Steps

Future Growth

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

12.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Data Respons is high growth as no revenue estimate data is available.

Data Respons's earnings are expected to grow by 12.1% yearly, however this is not considered high growth (20% yearly).

Unable to compare Data Respons's revenue growth to the Norway market average as no estimate data is available.

Data Respons's earnings growth is positive but not above the Norway market average.

Data Respons's earnings growth is expected to exceed the low risk savings rate of 1.8%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Data Respons will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Data Respons performed over the past 5 years?

14.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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 (128.1% vs 14.2%)

Data Respons's earnings growth has exceeded the NO IT industry average in the past year (128.1% vs 42.8%).


Return on Equity

Data Respons has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Data Respons used its assets less efficiently than the NO IT industry average last year based on Return on Assets.


Return on Capital Employed

Data Respons's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Data Respons's financial position?


Financial Position Analysis

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 cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Data Respons's level of debt (15.6%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Data Respons's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (88.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 7.4x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 4.5x debt.


Next Steps

Dividend

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

3.00%

Current Dividend Yield


Dividend Yield and Payments Analysis

Data Respons's pays a higher dividend yield than the bottom 25% of dividend payers in Norway (2.72%).

Data Respons's dividend is below the markets top 25% of dividend payers in Norway (6.44%).

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

Dividends paid are covered by earnings (1.6x 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.


Next Steps

Management

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

3.3yrs

Average board tenure


CEO

Kenneth Ragnvaldsen (52yo)

15.9yrs

Tenure

kr4,800,134

Compensation

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 economi ...


CEO Compensation Analysis

Kenneth's remuneration is about average for companies of similar size in Norway.

Kenneth's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

3.3yrs

Average Tenure

58yo

Average Age

The tenure for the Data Respons board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buykr77,40031 Oct 18
Martin Burkhalter
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,000
Max Pricekr25.80
Buykr106,00024 Oct 18
Janne Morstøl
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,000
Max Pricekr26.50
Buykr424,00024 Oct 18
Erik Langaker
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares16,000
Max Pricekr26.50

Ownership Breakdown


Management Team

  • Kenneth Ragnvaldsen (52yo)

    Chief Executive Officer

    • Tenure: 15.9yrs
    • Compensation: kr4.80m
  • Rune Wahl (53yo)

    Chief Financial Officer

    • Tenure: 14.6yrs
    • Compensation: kr3.56m
  • Jørn Toppe (62yo)

    Managing Director

    • Tenure: 0.0yrs
    • Compensation: kr1.90m
  • Andreas Lassmann (46yo)

    Managing Director

    • Tenure: 0.0yrs
  • Haakon Flaaten

    Group Controller

    • Tenure: 0.0yrs
  • Johan Jacobsson

    Managing Director of Sylog

    • Tenure: 0.0yrs
  • Ivar A. Sehm

    Managing Director

    • Tenure: 0.0yrs
  • Kim Fahrenholtz

    Managing Director

    • Tenure: 0.0yrs
  • Hans Kamutzki

    Managing Director

    • Tenure: 0.0yrs
  • Heidi Sauer

    Managing Director

    • Tenure: 0.0yrs

Board Members

  • Ulla-Britt Fräjdin-Hellqvist (65yo)

    Director

    • Tenure: 7.8yrs
    • Compensation: kr210.00k
  • Morten Viksøy

    Deputy Director

    • Tenure: 4.6yrs
  • Martin Burkhalter (67yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: kr230.00k
  • Erik Langaker (56yo)

    Chairman of the Board

    • Tenure: 2.3yrs
    • Compensation: kr465.00k
  • Åsa Grübb-Weinberg (64yo)

    Employee Representative Director

    • Tenure: 9.3yrs
    • Compensation: kr50.00k
  • Morten Thorkildsen (58yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: kr220.00k
  • Janne Morstøl (51yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: kr225.00k
  • Marius Westgaard (29yo)

    Employee Representative Director

    • Tenure: 1.3yrs
    • Compensation: kr50.00k

Company Information

Data Respons ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Data Respons ASA
  • Ticker: DAT
  • Exchange: OB
  • Founded: 1986
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: kr2.455b
  • Shares outstanding: 73.71m
  • Website: https://www.datarespons.com

Number of Employees


Location

  • Data Respons ASA
  • Sandviksveien 26
  • Høvik
  • Akershus
  • 1363
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DATOB (Oslo Bors)YesOrdinary SharesNONOKMar 1997
0E3QLSE (London Stock Exchange)YesOrdinary SharesGBNOKMar 1997
DATOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKMar 1997

Biography

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, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 20:36
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.