SmartCraft (OB:SMCRT) - Stock Price, News & Analysis

SMCRT Stock Overview

Provides software solutions to the construction industry in Norway, Sweden, and Finland.

SMCRT fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 23.9% below our estimate of its fair value

Earnings are forecast to grow 22.66% per year

Earnings grew by 18.5% over the past year

Risk Analysis

No risks detected for SMCRT from our risk checks.

SmartCraft ASA Competitors

LINK Mobility Group Holding

OB:LINK

NOK 6.9b

Mintra Holding

OB:MNTR

NOK 891.0m

River Tech

OB:RIVER

NOK 480.9m

ECIT

OB:ECIT

NOK 4.6b

Price History & Performance

Summary of all time highs, changes and price drops for SmartCraft
Historical stock prices
Current Share Price	NOK 31.20
52 Week High	NOK 32.80
52 Week Low	NOK 20.00
Beta	0.56
11 Month Change	5.41%
3 Month Change	0.65%
1 Year Change	42.47%
33 Year Change	37.90%
5 Year Change	n/a
Change since IPO	39.13%

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

Jun 03

Recent updates

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

Jun 03

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

Jan 10

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

Jul 26

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

Feb 09

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

Jan 08

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

Dec 23

We Like SmartCraft's (OB:SMCRT) Earnings For More Than Just Statutory Profit

May 03

Analyst Estimates: Here's What Brokers Think Of SmartCraft ASA (OB:SMCRT) After Its Full-Year Report

Feb 27

Shareholder Returns

	SMCRT	NO Software	NO Market
7D	8.0%	0.3%	0.2%
1Y	42.5%	65.6%	-0.5%

Return vs Industry: SMCRT underperformed the Norwegian Software industry which returned 65.6% over the past year.

Return vs Market: SMCRT exceeded the Norwegian Market which returned -0.5% over the past year.

Price Volatility

Is SMCRT's price volatile compared to industry and market?
SMCRT volatility
SMCRT Average Weekly Movement	5.6%
Software Industry Average Movement	5.6%
Market Average Movement	5.0%
10% most volatile stocks in NO Market	11.3%
10% least volatile stocks in NO Market	2.7%

Stable Share Price: SMCRT has not had significant price volatility in the past 3 months.

Volatility Over Time: SMCRT's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	260	Gustav Line	www.smartcraftready.com

SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. It offers software comprising Cordel, a SaaS solution; Bygglet, a SaaS born in the cloud solution; EL-VIS which offers services in the electricians’ daily operations; and Congrid, a cloud-based tool for project management. The company provides Homerun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services.

SmartCraft ASA Fundamentals Summary

How do SmartCraft's earnings and revenue compare to its market cap?
SMCRT fundamental statistics
Market cap	NOK 5.23b
Earnings (TTM)	NOK 106.03m
Revenue (TTM)	NOK 449.34m

49.3x

P/E Ratio

11.6x

P/S Ratio

Is SMCRT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMCRT income statement (TTM)
Revenue	NOK 449.34m
Cost of Revenue	NOK 198.17m
Gross Profit	NOK 251.17m
Other Expenses	NOK 145.14m
Earnings	NOK 106.03m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 05, 2024

Earnings per share (EPS)	0.63
Gross Margin	55.90%
Net Profit Margin	23.60%
Debt/Equity Ratio	0%

How did SMCRT perform over the long term?

See historical performance and comparison

SMCRT Stock Overview

Rewards

Risk Analysis

SmartCraft ASA Competitors

OB:LINK

NOK 6.9b

OB:MNTR

NOK 891.0m

OB:RIVER

NOK 480.9m

OB:ECIT

NOK 4.6b

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings: Revenues exceed analyst expectations

Now 22% undervalued

Deputy Chairperson of the Board recently bought kr502k worth of stock

Now 20% undervalued

Less than half of directors are independent

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

Recent updates

Second quarter 2024 earnings: Revenues exceed analyst expectations

Now 22% undervalued

Deputy Chairperson of the Board recently bought kr502k worth of stock

Now 20% undervalued

Less than half of directors are independent

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

Insider recently sold kr4.2m worth of stock

SmartCraft ASA Launches Initiative to Support Tracking and Reduction of CO2 Footprint in Transportation and Construction

Now 21% undervalued

First quarter 2024 earnings released

SmartCraft ASA (OB:SMCRT) acquired clixifix Limited for a transaction valued at £10.2 million.

Insufficient new directors

Full year 2023 earnings: EPS exceeds analyst expectations

Now 22% undervalued after recent price drop

Now 21% undervalued

Insider recently sold kr3.5m worth of stock

Now 21% undervalued

Full year 2023 earnings released: EPS: kr0.68 (vs kr0.40 in FY 2022)

Price target increased by 12% to kr28.00

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

Now 20% undervalued

SmartCraft ASA to Report Fiscal Year 2023 Final Results on Apr 11, 2024

SmartCraft ASA to Report Q2, 2024 Results on Aug 27, 2024

Third quarter 2023 earnings released: EPS: kr0.15 (vs kr0.12 in 3Q 2022)

Price target increased by 11% to kr25.50

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 17%

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

SmartCraft ASA (OB:SMCRT) commences an Equity Buyback Plan, under the authorization approved on April 28, 2023.

First quarter 2023 earnings released: EPS: kr0.18 (vs kr0.11 in 1Q 2022)

Full year 2022 earnings: EPS misses analyst expectations

Now 20% undervalued

Investor sentiment improves as stock rises 15%

Now 23% undervalued

Full year 2022 earnings released: EPS: kr0.39 (vs kr0.19 in FY 2021)

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

Independent Board Member recently bought kr8.7m worth of stock

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

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

Investor sentiment improved over the past week

SmartCraft ASA to Report Q1, 2023 Results on May 09, 2023

Insider recently sold kr1.2m worth of stock

Price target decreased to kr22.00

SmartCraft ASA (OB:SMCRT) commences an Equity Buyback for 8,576,115 shares, representing 5% of its issued share capital, under the authorization approved on November 2, 2022.

Third quarter 2022 earnings released

SmartCraft ASA (OB:SMCRT) acquired Inprog AS for NOK 14.2 million.

Insider recently sold kr13m worth of stock

Insider recently sold kr798k worth of stock

Price target decreased to kr23.00

Second quarter 2022 earnings released

We Like SmartCraft's (OB:SMCRT) Earnings For More Than Just Statutory Profit

Full year 2021 earnings: EPS misses analyst expectations

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

Analyst Estimates: Here's What Brokers Think Of SmartCraft ASA (OB:SMCRT) After Its Full-Year Report

Full year 2021 earnings: EPS misses analyst expectations

Now 21% undervalued after recent price drop

Chief Technical Officer recently bought kr99k worth of stock