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Webstep ASAOB:WSTEP Stock Report

Market Cap NOK 576.1m
Share Price
NOK 21.20
My Fair Value
NOK 30
29.3% undervalued intrinsic discount
1Y-1.9%
7D-3.6%
Portfolio Value
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Webstep ASA

OB:WSTEP Stock Report

Market Cap: NOK 576.1m

Webstep (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 Growth2/6
Past Performance4/6
Financial Health5/6
Dividends2/6

Rewards

Trading at 68.6% below our estimate of its fair value

Earnings are forecast to grow 12.97% per year

Earnings grew by 819.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 10.85% is not well covered by earnings or free cash flows

Does not have a meaningful market cap (NOK576M)


WSTEP Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

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Webstep ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Webstep
Historical stock prices
Current Share PriceNOK 21.20
52 Week HighNOK 27.20
52 Week LowNOK 21.00
Beta0.35
1 Month Change-6.19%
3 Month Change-15.87%
1 Year Change-1.85%
3 Year Change-22.06%
5 Year Change-11.67%
Change since IPO-21.48%

Recent News & Updates

Webstep (OB:WSTEP) Is Increasing Its Dividend To NOK2.30

May 09
Webstep (OB:WSTEP) Is Increasing Its Dividend To NOK2.30

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

Apr 25
Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year

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

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

Recent updates

Webstep (OB:WSTEP) Is Increasing Its Dividend To NOK2.30

May 09
Webstep (OB:WSTEP) Is Increasing Its Dividend To NOK2.30

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

Apr 25
Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year

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?

Shareholder Returns

WSTEPNO ITNO Market
7D-3.6%0.4%0.4%
1Y-1.9%3.4%8.6%

Return vs Industry: WSTEP underperformed the Norwegian IT industry which returned 3.4% over the past year.

Return vs Market: WSTEP underperformed the Norwegian Market which returned 8.6% over the past year.

Price Volatility

Is WSTEP's price volatile compared to industry and market?
WSTEP volatility
WSTEP Average Weekly Movement2.4%
IT Industry Average Movement3.0%
Market Average Movement4.5%
10% most volatile stocks in NO Market10.5%
10% least volatile stocks in NO Market2.3%

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 (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000438Anne Lundwebstep.no

Webstep ASA provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers consulting, digitalization, Net, Java, open source, full stack, front and back end, user experience, integration, Artificial Intelligence, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, Internet of Things, virtual robotics, devops, application service management, data science, and project and test management services.

Webstep ASA Fundamentals Summary

How do Webstep's earnings and revenue compare to its market cap?
WSTEP fundamental statistics
Market capNOK 576.10m
Earnings (TTM)NOK 50.70m
Revenue (TTM)NOK 866.36m
11.4x
P/E Ratio
0.7x
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 866.36m
Cost of RevenueNOK 728.89m
Gross ProfitNOK 137.47m
Other ExpensesNOK 86.78m
EarningsNOK 50.70m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 11, 2025

Earnings per share (EPS)1.87
Gross Margin15.87%
Net Profit Margin5.85%
Debt/Equity Ratio0%

How did WSTEP perform over the long term?

See historical performance and comparison

Dividends

10.8%
Current Dividend Yield
120%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/07 16:58
End of Day Share Price 2025/10/07 00:00
Earnings2025/06/30
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