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Vitec Software Group OM:VIT B Stock Report

Last Price

kr552.50

Market Cap

kr20.7b

7D

-3.8%

1Y

19.1%

Updated

23 Feb, 2024

Data

Company Financials +

Vitec Software Group AB (publ)

OM:VIT B Stock Report

Market Cap: kr20.7b

VIT B Stock Overview

Vitec Software Group AB (publ) develops and delivers vertical market software in Sweden, Denmark, Finland, Norway, and internationally.

VIT B fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance4/6
Financial Health3/6
Dividends0/6

Vitec Software Group AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vitec Software Group
Historical stock prices
Current Share Pricekr552.50
52 Week Highkr605.00
52 Week Lowkr421.00
Beta0.97
1 Month Change-5.39%
3 Month Change6.87%
1 Year Change19.07%
3 Year Change42.03%
5 Year Change535.06%
Change since IPO45,186.89%

Recent News & Updates

Recent updates

At kr405, Is It Time To Put Vitec Software Group AB (publ) (STO:VIT B) On Your Watch List?

Dec 02
At kr405, Is It Time To Put Vitec Software Group AB (publ) (STO:VIT B) On Your Watch List?

With EPS Growth And More, Vitec Software Group (STO:VIT B) Makes An Interesting Case

Sep 28
With EPS Growth And More, Vitec Software Group (STO:VIT B) Makes An Interesting Case

Vitec Software Group (STO:VIT B) Is Reinvesting At Lower Rates Of Return

Aug 17
Vitec Software Group (STO:VIT B) Is Reinvesting At Lower Rates Of Return

Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?

Aug 01
Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?

There Are Reasons To Feel Uneasy About Vitec Software Group's (STO:VIT B) Returns On Capital

May 08
There Are Reasons To Feel Uneasy About Vitec Software Group's (STO:VIT B) Returns On Capital

Vitec Software Group (STO:VIT B) Has A Rock Solid Balance Sheet

Apr 23
Vitec Software Group (STO:VIT B) Has A Rock Solid Balance Sheet

Here's Why We Think Vitec Software Group (STO:VIT B) Is Well Worth Watching

Feb 16
Here's Why We Think Vitec Software Group (STO:VIT B) Is Well Worth Watching

We Think Vitec Software Group (STO:VIT B) Can Manage Its Debt With Ease

Jan 20
We Think Vitec Software Group (STO:VIT B) Can Manage Its Debt With Ease

With EPS Growth And More, Vitec Software Group (STO:VIT B) Is Interesting

Nov 07
With EPS Growth And More, Vitec Software Group (STO:VIT B) Is Interesting

Is Now The Time To Put Vitec Software Group (STO:VIT B) On Your Watchlist?

Jul 18
Is Now The Time To Put Vitec Software Group (STO:VIT B) On Your Watchlist?

Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?

Jun 10
Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?

Vitec Software Group (STO:VIT B) Might Be Having Difficulty Using Its Capital Effectively

May 28
Vitec Software Group (STO:VIT B) Might Be Having Difficulty Using Its Capital Effectively

Shareholder Returns

VIT BSE SoftwareSE Market
7D-3.8%-1.1%0.7%
1Y19.1%16.0%6.9%

Return vs Industry: VIT B exceeded the Swedish Software industry which returned 12.2% over the past year.

Return vs Market: VIT B exceeded the Swedish Market which returned 5.2% over the past year.

Price Volatility

Is VIT B's price volatile compared to industry and market?
VIT B volatility
VIT B Average Weekly Movement4.3%
Software Industry Average Movement7.9%
Market Average Movement6.1%
10% most volatile stocks in SE Market12.9%
10% least volatile stocks in SE Market3.6%

Stable Share Price: VIT B has not had significant price volatility in the past 3 months.

Volatility Over Time: VIT B's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19851,470Olle Backmanhttps://www.vitecsoftware.com

Vitec Software Group AB (publ) develops and delivers vertical market software in Sweden, Denmark, Finland, Norway, and internationally. The company offers software for municipal culture and recreation administration offices, as well as other visitor facilities; healthcare companies; church activities; banking and finance industry; information management within the process industry and energy companies; social services sector; automotive, transportation, and machinery industry; local associations and national organizations; construction and property management industry; pharmacy market; car dealers and auto repair shops; electricity traders, and owners of electricity and district heating grids; hair and beauty salons; and welfare sectors. It also provides software for preschools; real estate agents; education sector; golf courses; liability insurance companies; building and facility management; private and municipal waste and resource processing; media companies; and insurance companies.

Vitec Software Group AB (publ) Fundamentals Summary

How do Vitec Software Group's earnings and revenue compare to its market cap?
VIT B fundamental statistics
Market capkr20.74b
Earnings (TTM)kr339.18m
Revenue (TTM)kr2.78b

61.1x

P/E Ratio

7.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VIT B income statement (TTM)
Revenuekr2.78b
Cost of Revenuekr1.38b
Gross Profitkr1.40b
Other Expenseskr1.06b
Earningskr339.18m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 18, 2024

Earnings per share (EPS)9.04
Gross Margin50.23%
Net Profit Margin12.21%
Debt/Equity Ratio63.5%

How did VIT B perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

33%

Payout Ratio

Does VIT B pay a reliable dividends?

See VIT B dividend history and benchmarks
When do you need to buy VIT B by to receive an upcoming dividend?
Vitec Software Group dividend dates
Ex Dividend DateMar 22 2024
Dividend Pay DateMar 28 2024
Days until Ex dividend26 days
Days until Dividend pay date32 days

Does VIT B pay a reliable dividends?

See VIT B dividend history and benchmarks
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