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Techstep ASAOB:TECH Stock Report

Market Cap NOK 359.1m
Share Price
NOK 10.30
NOK 149.96
93.1% undervalued intrinsic discount
1Y-7.6%
7D-12.7%
Portfolio Value
View

Techstep ASA

OB:TECH Stock Report

Market Cap: NOK 359.1m

Techstep (TECH) Stock Overview

Operates as a mobile technology company in Norway, Sweden, Denmark, and Poland. More details

TECH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

TECH Community Fair Values

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Techstep ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Techstep
Historical stock prices
Current Share PriceNOK 10.30
52 Week HighNOK 14.00
52 Week LowNOK 9.54
Beta0.63
1 Month Change0.98%
3 Month Change-8.04%
1 Year Change-7.62%
3 Year Change-37.58%
5 Year Change-76.80%
Change since IPO-77.11%

Recent News & Updates

Analysis Article Dec 17

What Techstep ASA's (OB:TECH) P/S Is Not Telling You

It's not a stretch to say that Techstep ASA's ( OB:TECH ) price-to-sales (or "P/S") ratio of 0.5x right now seems quite...

Recent updates

Analysis Article Dec 17

What Techstep ASA's (OB:TECH) P/S Is Not Telling You

It's not a stretch to say that Techstep ASA's ( OB:TECH ) price-to-sales (or "P/S") ratio of 0.5x right now seems quite...
Analysis Article Jul 15

Is Techstep (OB:TECH) Using Debt Sensibly?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 10

Is Techstep (OB:TECH) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 17

Techstep ASA's (OB:TECH) Shares Climb 28% But Its Business Is Yet to Catch Up

The Techstep ASA ( OB:TECH ) share price has done very well over the last month, posting an excellent gain of 28%. The...
Analysis Article Jun 29

Is Techstep (OB:TECH) Using Debt In A Risky Way?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 03

Is Techstep (OB:TECH) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 14

The Market Doesn't Like What It Sees From Techstep ASA's (OB:TECH) Earnings Yet As Shares Tumble 27%

Techstep ASA ( OB:TECH ) shareholders won't be pleased to see that the share price has had a very rough month, dropping...
Analysis Article Jun 14

Is Techstep (OB:TECH) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 27

Is Techstep (OB:TECH) Using Debt In A Risky Way?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 05

Would Techstep (OB:TECH) Be Better Off With Less Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 12

Is Techstep (OB:TECH) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 10

Have Insiders Been Buying Techstep ASA (OB:TECH) Shares This Year?

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...
Analysis Article Feb 11

What Type Of Shareholders Own The Most Number of Techstep ASA (OB:TECH) Shares?

Every investor in Techstep ASA ( OB:TECH ) should be aware of the most powerful shareholder groups. Large companies...
Analysis Article Dec 28

Techstep (OB:TECH) Shareholders Have Enjoyed A 55% Share Price Gain

By buying an index fund, investors can approximate the average market return. But if you buy good businesses at...
Analysis Article Dec 06

The Independent Chairman of the Board of Techstep ASA (OB:TECH), Jens Rugseth, Just Bought 2.7% More Shares

Potential Techstep ASA ( OB:TECH ) shareholders may wish to note that the Independent Chairman of the Board, Jens...
Analysis Article Nov 24

Here's Why Techstep (OB:TECH) Can Afford Some Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

TECHNO TechNO Market
7D-12.7%-2.8%1.7%
1Y-7.6%13.3%20.0%

Return vs Industry: TECH underperformed the Norwegian Tech industry which returned 13.3% over the past year.

Return vs Market: TECH underperformed the Norwegian Market which returned 20% over the past year.

Price Volatility

Is TECH's price volatile compared to industry and market?
TECH volatility
TECH Average Weekly Movement6.9%
Tech Industry Average Movement6.9%
Market Average Movement5.5%
10% most volatile stocks in NO Market12.1%
10% least volatile stocks in NO Market3.3%

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

Volatility Over Time: TECH's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996259Morten Meierwww.techstep.io

Techstep ASA operates as a mobile technology company in Norway, Sweden, Denmark, and Poland. It offers device lifecycle management; mobile data capture and workflow; mobile device management; procurement, logistics, and lifecycle; and mobile technology consultancy solutions. The company also provides mobile devices and accessories; and device management and security products.

Techstep ASA Fundamentals Summary

How do Techstep's earnings and revenue compare to its market cap?
TECH fundamental statistics
Market capNOK 359.12m
Earnings (TTM)-NOK 106.69m
Revenue (TTM)NOK 971.65m
0.4x
P/S Ratio
-3.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TECH income statement (TTM)
RevenueNOK 971.65m
Cost of RevenueNOK 567.23m
Gross ProfitNOK 404.42m
Other ExpensesNOK 511.11m
Earnings-NOK 106.69m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 20, 2026

Earnings per share (EPS)-3.06
Gross Margin41.62%
Net Profit Margin-10.98%
Debt/Equity Ratio16.2%

How did TECH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 11:49
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
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

Techstep ASA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.