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TECH logo

Techstep OB:TECH Stock Report

Last Price

NOK 13.25

Market Cap

NOK 455.9m

7D

11.3%

1Y

47.2%

Updated

18 Dec, 2024

Data

Company Financials

My Notes

Capture your thoughts, links and company narrative

Techstep ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Techstep
Historical stock prices
Current Share PriceNOK 13.25
52 Week HighNOK 15.00
52 Week LowNOK 7.45
Beta0.92
1 Month Change9.05%
3 Month Change14.22%
1 Year Change47.24%
3 Year Change-62.99%
5 Year Change-57.26%
Change since IPO-70.56%

Recent News & Updates

Recent updates

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

Jul 17
Techstep ASA's (OB:TECH) Shares Climb 28% But Its Business Is Yet to Catch Up

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

Jun 29
Is Techstep (OB:TECH) Using Debt In A Risky Way?

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

Oct 03
Is Techstep (OB:TECH) Using Too Much Debt?

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

Jul 14
The Market Doesn't Like What It Sees From Techstep ASA's (OB:TECH) Earnings Yet As Shares Tumble 27%

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

Jun 14
Is Techstep (OB:TECH) Using Too Much Debt?

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

Feb 27
Is Techstep (OB:TECH) Using Debt In A Risky Way?

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

Aug 05
Would Techstep (OB:TECH) Be Better Off With Less Debt?

Is Techstep (OB:TECH) A Risky Investment?

May 12
Is Techstep (OB:TECH) A Risky Investment?

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

Mar 10
Have Insiders Been Buying Techstep ASA (OB:TECH) Shares This Year?

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

Feb 11
What Type Of Shareholders Own The Most Number of Techstep ASA (OB:TECH) Shares?

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

Dec 28
Techstep (OB:TECH) Shareholders Have Enjoyed A 55% Share Price Gain

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

Dec 06
The Independent Chairman of the Board of Techstep ASA (OB:TECH), Jens Rugseth, Just Bought 2.7% More Shares

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

Nov 24
Here's Why Techstep (OB:TECH) Can Afford Some Debt

Shareholder Returns

TECHNO TechNO Market
7D11.3%1.3%-2.4%
1Y47.2%0.3%-0.3%

Return vs Industry: TECH exceeded the Norwegian Tech industry which returned -1% over the past year.

Return vs Market: TECH exceeded the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is TECH's price volatile compared to industry and market?
TECH volatility
TECH Average Weekly Movement7.2%
Tech Industry Average Movement6.2%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.2%
10% least volatile stocks in NO Market2.7%

Stable Share Price: TECH's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: TECH's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
2016256Morten Meierwww.techstep.io

Techstep ASA operates as a mobile technology company in Norway, Sweden, Denmark, and Poland. The company offers device lifecycle management, mobile data capture, and mobile device management solutions; strategic and technical advisory services; and unified endpoint, endpoint, and application management services. It also provides mobile devices and accessories; and mobile 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 455.89m
Earnings (TTM)-NOK 38.91m
Revenue (TTM)NOK 1.06b

0.4x

P/S Ratio

-11.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TECH income statement (TTM)
RevenueNOK 1.06b
Cost of RevenueNOK 620.25m
Gross ProfitNOK 439.64m
Other ExpensesNOK 478.56m
Earnings-NOK 38.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)-1.13
Gross Margin41.48%
Net Profit Margin-3.67%
Debt/Equity Ratio29.9%

How did TECH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 13:43
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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.

AnalystInstitution