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ECIT

ECIT OB:ECIT Stock Report

Last Price

kr6.50

Market Cap

kr2.9b

7D

-4.7%

1Y

-37.7%

Updated

10 Aug, 2022

Data

Company Financials
ECIT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

ECIT Stock Overview

ECIT AS provides IT, finance and accounting, and technology solutions in Norway and internationally.

ECIT AS Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ECIT
Historical stock prices
Current Share Pricekr6.50
52 Week Highkr10.99
52 Week Lowkr5.72
Beta0
1 Month Change7.62%
3 Month Change-1.81%
1 Year Change-37.68%
3 Year Changen/a
5 Year Changen/a
Change since IPO-18.75%

Recent News & Updates

Shareholder Returns

ECITNO ITNO Market
7D-4.7%-0.9%-0.5%
1Y-37.7%-23.3%8.7%

Return vs Industry: ECIT underperformed the Norwegian IT industry which returned -24.1% over the past year.

Return vs Market: ECIT underperformed the Norwegian Market which returned 9.5% over the past year.

Price Volatility

Is ECIT's price volatile compared to industry and market?
ECIT volatility
ECIT Average Weekly Movement5.2%
IT Industry Average Movement5.2%
Market Average Movement6.8%
10% most volatile stocks in NO Market12.7%
10% least volatile stocks in NO Market3.8%

Stable Share Price: ECIT is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

FoundedEmployeesCEOWebsite
20132,236PL Lauringhttps://www.ecit.com

ECIT AS provides IT, finance and accounting, and technology solutions in Norway and internationally. The company offers finance and accounting services, including accounting, payroll, and HR, as well as process management, reporting/controlling, annual reports/tax, advisory, and debt collection; IT services and support, such as managed services, hosting and hybrid cloud, IT consulting, and digitalization. It also provides technology solutions comprising ERP and accounting, payroll, workflow, office support, automation, and robotics/artificial intelligence.

ECIT AS Fundamentals Summary

How do ECIT's earnings and revenue compare to its market cap?
ECIT fundamental statistics
Market Capkr2.91b
Earnings (TTM)kr55.00m
Revenue (TTM)kr2.54b

52.9x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ECIT income statement (TTM)
Revenuekr2.54b
Cost of Revenuekr523.00m
Gross Profitkr2.02b
Other Expenseskr1.96b
Earningskr55.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 23, 2022

Earnings per share (EPS)0.12
Gross Margin79.40%
Net Profit Margin2.17%
Debt/Equity Ratio22.7%

How did ECIT perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

31%

Payout Ratio