SmartCraft Group AB (publ)

OB:SMCRT Stock Report

Market Cap: NOK 3.0b

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SmartCraft Past Earnings Performance

Past criteria checks 2/6

SmartCraft has been growing earnings at an average annual rate of 26.9%, while the Software industry saw earnings growing at 48.5% annually. Revenues have been growing at an average rate of 20.1% per year. SmartCraft's return on equity is 8.8%, and it has net margins of 15.2%.

Key information

26.93%

Earnings growth rate

26.42%

EPS growth rate

Software Industry Growth52.55%
Revenue growth rate20.14%
Return on equity8.76%
Net Margin15.25%
Next Earnings Update08 May 2026

Recent past performance updates

Recent updates

Narrative Update Mar 14

SMCRT: New CFO Appointment And Segment Shift Will Support Future Upside

Analysts have kept their SmartCraft fair value estimate steady at NOK 21.25, citing largely unchanged assumptions around the discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their price target. What's in the News SmartCraft has appointed Tobias Lindquist as its new Chief Financial Officer, effective 1 July 2026, following an extensive search process (Key Developments).
New Narrative Mar 03

AI Workflow Adoption And New Markets Will Drive This Construction Software Specialist Forward

Catalysts About SmartCraft SmartCraft provides software solutions that help smaller construction and property management companies plan work, communicate and run projects more efficiently. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 28

SMCRT: New Segment Model And Merger Plan Will Drive Future Upside

Analysts have reduced their price target on SmartCraft from NOK 27.25 to NOK 21.25, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and a lower future P/E multiple. What's in the News SmartCraft has scheduled a special and extraordinary shareholders meeting on 12 January 2026 at 10:00 W.
New Narrative Feb 14

AI Adoption And Margin Risks Will Test This Construction Software Story

Catalysts About SmartCraft SmartCraft provides software tools that help smaller construction and property management companies plan work, manage projects and communicate more efficiently. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 13

SMCRT: New Business Segments And Merger Plan Will Support Future Upside

Analysts have trimmed their SmartCraft price target from NOK 32.50 to NOK 27.25, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E that collectively point to a more cautious valuation framework. What's in the News SmartCraft is shifting from a country-based setup to a business area driven structure with four business areas and matching financial segments as of 1 October 2025.
Analysis Article Nov 05

Are Investors Undervaluing SmartCraft ASA (OB:SMCRT) By 38%?

Key Insights The projected fair value for SmartCraft is kr38.33 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Aug 29

Earnings Miss: SmartCraft ASA Missed EPS By 6.4% And Analysts Are Revising Their Forecasts

SmartCraft ASA ( OB:SMCRT ) last week reported its latest second-quarter results, which makes it a good time for...
Analysis Article Jul 08

SmartCraft (OB:SMCRT) Is Experiencing Growth In Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article May 11

SmartCraft ASA Just Missed EPS By 20%: Here's What Analysts Think Will Happen Next

It's shaping up to be a tough period for SmartCraft ASA ( OB:SMCRT ), which a week ago released some disappointing...
Analysis Article Apr 26

SmartCraft ASA's (OB:SMCRT) CEO Looks Due For A Compensation Raise

Key Insights SmartCraft's Annual General Meeting to take place on 2nd of May CEO Gustav Line's total compensation...
Analysis Article Apr 13

Here's What Analysts Are Forecasting For SmartCraft ASA (OB:SMCRT) After Its Full-Year Results

SmartCraft ASA ( OB:SMCRT ) came out with its annual results last week, and we wanted to see how the business is...
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New Narrative Feb 23

Expansion Into UK And Spark Ecosystem Will Disrupt Industry And Expand Market Opportunities

Expansion into the UK market and innovations like SmartCraft Spark present substantial opportunities for future revenue and earnings growth.
Analysis Article Feb 16

SmartCraft ASA (OB:SMCRT) Annual Results: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that SmartCraft ASA ( OB:SMCRT ) released its annual result to the market. The early...
Analysis Article Oct 02

Unpleasant Surprises Could Be In Store For SmartCraft ASA's (OB:SMCRT) Shares

SmartCraft ASA's ( OB:SMCRT ) price-to-earnings (or "P/E") ratio of 52.2x might make it look like a strong sell right...
Analysis Article Jun 03

There's Reason For Concern Over SmartCraft ASA's (OB:SMCRT) Price

With a price-to-earnings (or "P/E") ratio of 46.2x SmartCraft ASA ( OB:SMCRT ) may be sending very bearish signals at...
Analysis Article Jan 10

SmartCraft (OB:SMCRT) Might Have The Makings Of A Multi-Bagger

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article Jul 26

There's Been No Shortage Of Growth Recently For SmartCraft's (OB:SMCRT) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Feb 09

Estimating The Fair Value Of SmartCraft ASA (OB:SMCRT)

Does the February share price for SmartCraft ASA ( OB:SMCRT ) reflect what it's really worth? Today, we will estimate...
Analysis Article Jan 08

There's Reason For Concern Over SmartCraft ASA's (OB:SMCRT) Massive 26% Price Jump

SmartCraft ASA ( OB:SMCRT ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Dec 23

There's Been No Shortage Of Growth Recently For SmartCraft's (OB:SMCRT) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...

Revenue & Expenses Breakdown

How SmartCraft makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:SMCRT Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 255598500
30 Sep 2555199250
30 Jun 2554698250
31 Mar 2553896250
31 Dec 24511106250
30 Sep 24481102200
30 Jun 24449106200
31 Mar 24417109200
31 Dec 23402108200
30 Sep 2338594150
30 Jun 2336889150
31 Mar 2334979150
31 Dec 2233368150
30 Sep 2231972100
30 Jun 2230865100
31 Mar 2229137100
31 Dec 2127129100
30 Sep 212501080
30 Jun 21227680
31 Mar 212102980
31 Dec 201962480
31 Dec 19155-300
31 Dec 1875100
31 Dec 1774-500

Quality Earnings: SMCRT has high quality earnings.

Growing Profit Margin: SMCRT's current net profit margins (15.2%) are lower than last year (20.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SMCRT's earnings have grown significantly by 26.9% per year over the past 5 years.

Accelerating Growth: SMCRT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SMCRT had negative earnings growth (-19.6%) over the past year, making it difficult to compare to the Software industry average (10.1%).


Return on Equity

High ROE: SMCRT's Return on Equity (8.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/19 07:26
End of Day Share Price 2026/03/19 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

SmartCraft Group AB (publ) is covered by 6 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.

AnalystInstitution
null nullABG Sundal Collier
Gustav FrobergBerenberg
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB