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Techstep OB:TECH Stock Report

Last Price

NOK 11.20

Market Cap

NOK 354.2m

7D

-3.4%

1Y

12.0%

Updated

26 Sep, 2024

Data

Company Financials

TECH Stock Overview

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

TECH fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Techstep ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Techstep
Historical stock prices
Current Share PriceNOK 11.20
52 Week HighNOK 15.00
52 Week LowNOK 7.45
Beta0.94
11 Month Change-3.03%
3 Month Change4.19%
1 Year Change12.00%
33 Year Change-75.71%
5 Year Change-66.67%
Change since IPO-75.11%

Recent News & 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?

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
7D-3.4%0.2%0.2%
1Y12.0%12.4%-0.5%

Return vs Industry: TECH matched the Norwegian Tech industry which returned 12.4% over the past year.

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

Price Volatility

Is TECH's price volatile compared to industry and market?
TECH volatility
TECH Average Weekly Movement7.4%
Tech Industry Average Movement6.4%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.3%
10% least volatile stocks in NO Market2.7%

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

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

About the Company

FoundedEmployeesCEOWebsite
2016265Morten 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 354.25m
Earnings (TTM)-NOK 37.16m
Revenue (TTM)NOK 1.05b

0.3x

P/S Ratio

-9.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TECH income statement (TTM)
RevenueNOK 1.05b
Cost of RevenueNOK 615.04m
Gross ProfitNOK 433.96m
Other ExpensesNOK 471.12m
Earnings-NOK 37.16m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 15, 2024

Earnings per share (EPS)-1.17
Gross Margin41.37%
Net Profit Margin-3.54%
Debt/Equity Ratio30.8%

How did TECH perform over the long term?

See historical performance and comparison