ECIT Stock Overview
Provides IT, finance and accounting, and technology solutions in Norway, Sweden, Denmark, the United Kingdom, Germany, Finland, Poland, Iceland, Lithuania, Romania, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
ECIT AS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 9.66 |
| 52 Week High | NOK 10.00 |
| 52 Week Low | NOK 6.30 |
| Beta | 0.47 |
| 11 Month Change | -2.03% |
| 3 Month Change | 27.11% |
| 1 Year Change | 18.97% |
| 33 Year Change | -1.43% |
| 5 Year Change | n/a |
| Change since IPO | 20.75% |
Recent News & Updates
Shareholder Returns
| ECIT | NO IT | NO Market | |
|---|---|---|---|
| 7D | -2.6% | -0.7% | 1.1% |
| 1Y | 19.0% | 11.8% | 1.0% |
Return vs Industry: ECIT matched the Norwegian IT industry which returned 19.3% over the past year.
Return vs Market: ECIT exceeded the Norwegian Market which returned 4.5% over the past year.
Price Volatility
| ECIT volatility | |
|---|---|
| ECIT Average Weekly Movement | 8.5% |
| IT Industry Average Movement | 4.2% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in NO Market | 10.9% |
| 10% least volatile stocks in NO Market | 2.7% |
Stable Share Price: ECIT's share price has been volatile over the past 3 months compared to the Norwegian market.
Volatility Over Time: ECIT's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 2,611 | PL Lauring | www.ecit.com |
ECIT AS provides IT, finance and accounting, and technology solutions in Norway, Sweden, Denmark, the United Kingdom, Germany, Finland, Poland, Iceland, Lithuania, Romania, and internationally. The company offers finance and accounting services, including accounting, management consulting and support, payroll, budgeting, and HR, as well as reporting/BI, 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 software solutions for payroll, office support, and accounting lines, as well as automation and robotics / AI solutions.
ECIT AS Fundamentals Summary
| ECIT fundamental statistics | |
|---|---|
| Market cap | NOK 4.50b |
| Earnings (TTM) | NOK 99.00m |
| Revenue (TTM) | NOK 3.58b |
45.4x
P/E Ratio1.3x
P/S RatioIs ECIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ECIT income statement (TTM) | |
|---|---|
| Revenue | NOK 3.58b |
| Cost of Revenue | NOK 682.00m |
| Gross Profit | NOK 2.89b |
| Other Expenses | NOK 2.79b |
| Earnings | NOK 99.00m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Nov 07, 2024
| Earnings per share (EPS) | 0.21 |
| Gross Margin | 80.92% |
| Net Profit Margin | 2.77% |
| Debt/Equity Ratio | 34.6% |
How did ECIT perform over the long term?
See historical performance and comparison