Vitec Software Group (VIT B) Stock Overview
Develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
VIT B Community Fair Values
Create NarrativeSee what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
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Read full narrativeVitec Software Group AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 260.00 |
| 52 Week High | SEK 495.20 |
| 52 Week Low | SEK 215.40 |
| Beta | 0.82 |
| 1 Month Change | 7.53% |
| 3 Month Change | 12.55% |
| 1 Year Change | -43.21% |
| 3 Year Change | -52.60% |
| 5 Year Change | -32.47% |
| Change since IPO | 21,211.48% |
Recent News & Updates
VIT B: Rising Dividend Track Record Will Support Future Share Upside
Analysts have revised their price target for Vitec Software Group to SEK580 from SEK568.30, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E multiples. What's in the News The board approved a dividend of SEK 3.68 per share for the 2025 financial year, to be paid in four quarterly installments of SEK 0.92 per share, with a cap of SEK 156,344,798 in total dividends (Key Developments).Vitec Software Group's (STO:VIT B) Profits May Not Reveal Underlying Issues
Apr 30
VIT B: Dividend Growth And Share Buybacks Will Support Future Upside
Analysts have slightly adjusted their SEK price target for Vitec Software Group to reflect updated views on fair value, discount rates, revenue growth assumptions, profit margins and future P/E expectations. What's in the News Proposed dividend per share for the 2025 financial year is SEK 3.68, compared with SEK 3.60, and is described as being in line with earnings per share growth if approved (Key Developments).Recent updates
VIT B: Rising Dividend Track Record Will Support Future Share Upside
Analysts have revised their price target for Vitec Software Group to SEK580 from SEK568.30, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E multiples. What's in the News The board approved a dividend of SEK 3.68 per share for the 2025 financial year, to be paid in four quarterly installments of SEK 0.92 per share, with a cap of SEK 156,344,798 in total dividends (Key Developments).Vitec Software Group's (STO:VIT B) Profits May Not Reveal Underlying Issues
Apr 30VIT B: Dividend Growth And Share Buybacks Will Support Future Upside
Analysts have slightly adjusted their SEK price target for Vitec Software Group to reflect updated views on fair value, discount rates, revenue growth assumptions, profit margins and future P/E expectations. What's in the News Proposed dividend per share for the 2025 financial year is SEK 3.68, compared with SEK 3.60, and is described as being in line with earnings per share growth if approved (Key Developments).VIT B: Dividend Reliability And Buybacks Will Support Long Term Thesis
Analysts have nudged their price target for Vitec Software Group slightly higher from SEK 570.41 to SEK 574.11, reflecting updated assumptions for revenue growth, profit margins, and future P/E following recent research such as the upgrade from SEB Equities. Analyst Commentary Recent research points to a generally constructive view on Vitec Software Group, with the higher price target of SEK 574.11 indicating that bullish analysts see support for the current valuation based on updated revenue and margin assumptions.
VIT B: SEB Upgrade And Stronger Earnings Profile Will Support Future Upside
Analysts have reduced their 12-month price target for Vitec Software Group from SEK 468 to SEK 456, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E following recent research, including the SEB Equities upgrade. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the recent upgrade reflects confidence that current assumptions for discount rate, growth and margins still support a solid long term earnings profile, even with the slightly lower SEK 456 target.VIT B: Firmer Margin Outlook Will Support Constructive Long Term Thesis
The analyst price target for Vitec Software Group has shifted from SEK 650 to about SEK 570. Analysts point to more moderate revenue growth assumptions and a higher discount rate, partly offset by slightly firmer profit margin expectations and a broadly similar future P/E outlook, as reflected in recent research updates including the upgrade at SEB Equities.
VIT B: Higher Future P/E And Buybacks Will Likely Support Stronger Share Price
Analysts have trimmed their price target on Vitec Software Group from SEK 450 to SEK 400, citing more cautious assumptions on revenue growth, profit margins and discount rate. At the same time, they are factoring in a higher future P/E multiple supported by recent research such as the SEB Equities upgrade.
Swedens Constellation Software
1. The Narrative: The Vertical Market Software (VMS) Fortress Vitecs story is built on three specific pillars: The BuyToKeepForever Philosophy: Unlike PE, Vitec never sells.Vitec Software Group (STO:VIT B) Has Announced A Dividend Of SEK0.90
Feb 13Here's What Analysts Are Forecasting For Vitec Software Group AB (publ) (STO:VIT B) After Its Full-Year Results
Feb 09VIT B: Recent Upgrade And Fine Tuned Assumptions Will Support Future Upside
Analysts have slightly reduced their price target for Vitec Software Group to SEK 467.71 from SEK 474.57. This reflects modest adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E following recent research upgrades on the stock.Vitec Software Group AB (publ)'s (STO:VIT B) Intrinsic Value Is Potentially 51% Above Its Share Price
Jan 30Vitec Software Group (STO:VIT B) Has Announced A Dividend Of SEK0.90
Jan 30VIT B: Recent Upgrade And Refreshed Assumptions Will Support Future Upside Potential
Analysts have reduced their fair value estimate for Vitec Software Group from SEK 543.50 to about SEK 474.60, reflecting updated assumptions on growth, margins, discount rate and future P/E following recent research, including the upgrade at SEB Equities. Analyst Commentary Bullish Takeaways Bullish analysts view the recent fair value adjustment to about SEK 474.60 as better aligned with their updated assumptions on growth, margins and discount rate.VIT B: Higher Growth Assumptions Will Likely Support A Stronger Share Price
Analysts have trimmed their price target for Vitec Software Group to SEK450. The change is largely tied to a lower assumed future P/E of about 27.8x, a slightly higher discount rate, a revised revenue growth assumption of 15.29% and a profit margin assumption of 14.47%.Vitec Software Group (STO:VIT B) Will Pay A Dividend Of SEK0.90
Jan 01VIT B Will Likely Deliver Stronger Margins Supporting A Higher Share Price
Analysts have raised their price target on Vitec Software Group from SEK 375 to SEK 450. This reflects expectations for stronger profit margins and a slightly lower future price to earnings multiple, despite more moderate revenue growth assumptions.Risks To Shareholder Returns Are Elevated At These Prices For Vitec Software Group AB (publ) (STO:VIT B)
Nov 11Vitec Software Group (STO:VIT B) Is Due To Pay A Dividend Of SEK0.90
Oct 29Vitec Software Group's (STO:VIT B) Earnings Seem To Be Promising
Oct 28Revenue Miss: Vitec Software Group AB (publ) Fell 5.0% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Oct 18Vitec Software Group's (STO:VIT B) Dividend Will Be SEK0.90
Oct 15Vitec Software Group's (STO:VIT B) Dividend Will Be SEK0.90
Oct 01What Does Vitec Software Group AB (publ)'s (STO:VIT B) Share Price Indicate?
Sep 15Vertical Market Software Acquisitions And Efficiency Investments Will Strengthen Success
A notable increase in the consensus price target for Vitec Software Group reflects improved valuation sentiment, primarily driven by a substantial decline in the forward P/E multiple, supporting a revised fair value of SEK558.71. What's in the News Completed repurchase of 107,000 shares (0.27% of shares) for SEK 58.3 million under the ongoing buyback program.These 4 Measures Indicate That Vitec Software Group (STO:VIT B) Is Using Debt Reasonably Well
Aug 13Vitec Software Group (STO:VIT B) Is Due To Pay A Dividend Of SEK0.90
Jul 12A Look At The Fair Value Of Vitec Software Group AB (publ) (STO:VIT B)
Jul 11Here's Why We Think Vitec Software Group (STO:VIT B) Might Deserve Your Attention Today
Jun 28Vitec Software Group AB (publ)'s (STO:VIT B) Price Is Out Of Tune With Earnings
May 27We think Vitec Software Group AB (publ)'s (STO:VIT B) CEO May Struggle To See Much Of A Pay Rise This Year
Apr 23Is Vitec Software Group (STO:VIT B) A Risky Investment?
Apr 20A Look At The Intrinsic Value Of Vitec Software Group AB (publ) (STO:VIT B)
Apr 08
Decentralized Approach And Niche Focus Will Enhance Market Position
Focus on niche market leadership and strategic acquisitions drives strong recurring revenue and margin improvements.We Like Vitec Software Group's (STO:VIT B) Earnings For More Than Just Statutory Profit
Feb 13Vitec Software Group's (STO:VIT B) Returns Have Hit A Wall
Jan 20Risks To Shareholder Returns Are Elevated At These Prices For Vitec Software Group AB (publ) (STO:VIT B)
Jan 09Here's Why Vitec Software Group (STO:VIT B) Can Manage Its Debt Responsibly
Dec 29Shareholder Returns
| VIT B | SE Software | SE Market | |
|---|---|---|---|
| 7D | -1.9% | 0.7% | -1.9% |
| 1Y | -43.2% | -41.7% | 11.0% |
Return vs Industry: VIT B underperformed the Swedish Software industry which returned -41.7% over the past year.
Return vs Market: VIT B underperformed the Swedish Market which returned 11% over the past year.
Price Volatility
| VIT B volatility | |
|---|---|
| VIT B Average Weekly Movement | 7.1% |
| Software Industry Average Movement | 9.3% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in SE Market | 13.1% |
| 10% least volatile stocks in SE Market | 3.8% |
Stable Share Price: VIT B has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: VIT B's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 1,850 | Olle Backman | www.vitecsoftware.com |
Vitec Software Group AB (publ) develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally. The company offers software for laundry and textile rental; greenhouses, industry, and renewable energy; lubricants; taxi; welfare and healthcare; banking and finance; car dismantling; automotive, transportation and machinery; media agency; pharmacy; blue light operations; car dealers and repair shops; electricity traders and network owners of electricity and district heating networks; real estate; insurance; and hairdressing and beauty salon services. It also provides software for hotel and hospitality; education; religious communities and preschools; skills development and transition; real estate agent; digital cultural heritage and collections; grocery store; property and facility management; trade and manufacturing; waste and resource processing; and bond markets, as well as municipal culture and leisure administration and visitor facilities.
Vitec Software Group AB (publ) Fundamentals Summary
| VIT B fundamental statistics | |
|---|---|
| Market cap | SEK 10.79b |
| Earnings (TTM) | SEK 450.95m |
| Revenue (TTM) | SEK 3.69b |
Is VIT B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VIT B income statement (TTM) | |
|---|---|
| Revenue | SEK 3.69b |
| Cost of Revenue | SEK 1.92b |
| Gross Profit | SEK 1.76b |
| Other Expenses | SEK 1.31b |
| Earnings | SEK 450.95m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 14, 2026
| Earnings per share (EPS) | 10.64 |
| Gross Margin | 47.79% |
| Net Profit Margin | 12.23% |
| Debt/Equity Ratio | 68.0% |
How did VIT B perform over the long term?
See historical performance and comparisonDividends
Does VIT B pay a reliable dividends?
See VIT B dividend history and benchmarks| Vitec Software Group dividend dates | |
|---|---|
| Ex Dividend Date | Jun 24 2026 |
| Dividend Pay Date | Jun 30 2026 |
| Days until Ex dividend | 50 days |
| Days until Dividend pay date | 56 days |
Does VIT B pay a reliable dividends?
See VIT B dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/04 20:47 |
| End of Day Share Price | 2026/05/04 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Vitec Software Group AB (publ) is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Daniel Thorsson | ABG Sundal Collier Sponsored |
| Daniel Lindkvist | Danske Bank |