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Webstep OB:WSTEP Stock Report

Last Price

NOK 25.00

Market Cap

NOK 677.4m

7D

2.5%

1Y

19.0%

Updated

20 Apr, 2025

Data

Company Financials +

Webstep ASA

OB:WSTEP Stock Report

Market Cap: NOK 677.4m

WSTEP Stock Overview

Provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. More details

WSTEP fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 64.6% below our estimate of its fair value

Earnings are forecast to grow 12.59% per year

Earnings grew by 1006.9% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 9.2% is not well covered by earnings or free cash flows

Does not have a meaningful market cap (NOK677M)


Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

Webstep ASA Competitors

Itera

OB:ITERA

NOK 760.0m

Cyviz

OB:CYVIZ

NOK 388.8m

Bouvet

OB:BOUV

NOK 8.1b

Atea

OB:ATEA

NOK 15.1b

Price History & Performance

Summary of share price highs, lows and changes for Webstep
Historical stock prices
Current Share PriceNOK 25.00
52 Week HighNOK 26.60
52 Week LowNOK 20.00
Beta0.51
1 Month Change0%
3 Month Change13.12%
1 Year Change19.05%
3 Year Change-20.38%
5 Year Change50.60%
Change since IPO-7.41%

Recent News & Updates

Webstep's (OB:WSTEP) Dividend Will Be Increased To NOK2.30

Apr 11
Webstep's (OB:WSTEP) Dividend Will Be Increased To NOK2.30

Webstep's (OB:WSTEP) Dividend Will Be Increased To NOK2.30

Mar 08
Webstep's (OB:WSTEP) Dividend Will Be Increased To NOK2.30

Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year

Feb 16
Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Webstep's (OB:WSTEP) Dividend Will Be Increased To NOK2.30

Apr 11
Webstep's (OB:WSTEP) Dividend Will Be Increased To NOK2.30

Webstep's (OB:WSTEP) Dividend Will Be Increased To NOK2.30

Mar 08
Webstep's (OB:WSTEP) Dividend Will Be Increased To NOK2.30

Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year

Feb 16
Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year

Webstep's (OB:WSTEP) Conservative Accounting Might Explain Soft Earnings

Nov 21
Webstep's (OB:WSTEP) Conservative Accounting Might Explain Soft Earnings

Webstep's (OB:WSTEP) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Oct 14
Webstep's (OB:WSTEP) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Webstep ASA's (OB:WSTEP) 27% Share Price Surge Not Quite Adding Up

Jan 04
Webstep ASA's (OB:WSTEP) 27% Share Price Surge Not Quite Adding Up

Webstep (OB:WSTEP) Is Reinvesting At Lower Rates Of Return

Nov 11
Webstep (OB:WSTEP) Is Reinvesting At Lower Rates Of Return

Webstep (OB:WSTEP) Has Announced That It Will Be Increasing Its Dividend To kr1.70

Apr 28
Webstep (OB:WSTEP) Has Announced That It Will Be Increasing Its Dividend To kr1.70

Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year

Apr 07
Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year

Webstep (OB:WSTEP) Is Increasing Its Dividend To kr1.70

Feb 19
Webstep (OB:WSTEP) Is Increasing Its Dividend To kr1.70

Webstep (OB:WSTEP) May Have Issues Allocating Its Capital

Aug 26
Webstep (OB:WSTEP) May Have Issues Allocating Its Capital

Estimating The Fair Value Of Webstep ASA (OB:WSTEP)

May 17
Estimating The Fair Value Of Webstep ASA (OB:WSTEP)

Investors Could Be Concerned With Webstep's (OB:WSTEP) Returns On Capital

Mar 30
Investors Could Be Concerned With Webstep's (OB:WSTEP) Returns On Capital

Does Webstep ASA's (OB:WSTEP) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Mar 12
Does Webstep ASA's (OB:WSTEP) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Can You Imagine How Webstep's (OB:WSTEP) Shareholders Feel About The 17% Share Price Increase?

Feb 22
Can You Imagine How Webstep's (OB:WSTEP) Shareholders Feel About The 17% Share Price Increase?

Need To Know: Webstep ASA (OB:WSTEP) Insiders Have Been Buying Shares

Jan 12
Need To Know: Webstep ASA (OB:WSTEP) Insiders Have Been Buying Shares

Has Webstep (OB:WSTEP) Got What It Takes To Become A Multi-Bagger?

Dec 22
Has Webstep (OB:WSTEP) Got What It Takes To Become A Multi-Bagger?

Webstep ASA's (OB:WSTEP) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Dec 02
Webstep ASA's (OB:WSTEP) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Shareholder Returns

WSTEPNO ITNO Market
7D2.5%4.9%2.7%
1Y19.0%1.7%-0.7%

Return vs Industry: WSTEP exceeded the Norwegian IT industry which returned 1.8% over the past year.

Return vs Market: WSTEP exceeded the Norwegian Market which returned -0.7% over the past year.

Price Volatility

Is WSTEP's price volatile compared to industry and market?
WSTEP volatility
WSTEP Average Weekly Movement6.1%
IT Industry Average Movement5.8%
Market Average Movement5.9%
10% most volatile stocks in NO Market13.0%
10% least volatile stocks in NO Market3.5%

Stable Share Price: WSTEP has not had significant price volatility in the past 3 months compared to the Norwegian market.

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

About the Company

FoundedEmployeesCEOWebsite
2000446Anne Lundwww.webstep.com

Webstep ASA provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. Its services include consulting, digitalization, Net, Java, open source, full stack, front and back end, user experience, integration, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, virtual robotics, Devops, application service management, and data science services.

Webstep ASA Fundamentals Summary

How do Webstep's earnings and revenue compare to its market cap?
WSTEP fundamental statistics
Market capNOK 677.42m
Earnings (TTM)NOK 49.19m
Revenue (TTM)NOK 874.13m

13.8x

P/E Ratio

0.8x

P/S Ratio

Is WSTEP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WSTEP income statement (TTM)
RevenueNOK 874.13m
Cost of RevenueNOK 743.43m
Gross ProfitNOK 130.70m
Other ExpensesNOK 81.51m
EarningsNOK 49.19m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Apr 24, 2025

Earnings per share (EPS)1.82
Gross Margin14.95%
Net Profit Margin5.63%
Debt/Equity Ratio0%

How did WSTEP perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

128%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/20 22:06
End of Day Share Price 2025/04/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

Webstep ASA is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Olav RødevandPareto Securities