Vitec Software Group AB (publ)

OM:VIT B Stock Report

Market Cap: SEK 10.4b

Vitec Software Group Dividends and Buybacks

Dividend criteria checks 4/6

Vitec Software Group is a dividend paying company with a current yield of 1.5% that is well covered by earnings. Next payment date is on 30th June, 2026 with an ex-dividend date of 24th June, 2026.

Key information

1.5%

Dividend yield

0.4%

Buyback Yield

Total Shareholder Yield1.9%
Future Dividend Yield2.1%
Dividend Growth15.4%
Next dividend pay date30 Jun 26
Ex dividend date24 Jun 26
Dividend per sharen/a
Payout ratio32%

Recent dividend and buyback updates

Analysis Article Feb 13

Vitec Software Group (STO:VIT B) Has Announced A Dividend Of SEK0.90

The board of Vitec Software Group AB (publ) ( STO:VIT B ) has announced that it will pay a dividend of SEK0.90 per...
Analysis Article Jan 30

Vitec Software Group (STO:VIT B) Has Announced A Dividend Of SEK0.90

The board of Vitec Software Group AB (publ) ( STO:VIT B ) has announced that it will pay a dividend on the 30th of...
Analysis Article Jan 01

Vitec Software Group (STO:VIT B) Will Pay A Dividend Of SEK0.90

Vitec Software Group AB (publ) ( STO:VIT B ) will pay a dividend of SEK0.90 on the 30th of March. This will take the...

Recent updates

Narrative Update May 03

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).
Analysis Article Apr 30

Vitec Software Group's (STO:VIT B) Profits May Not Reveal Underlying Issues

Vitec Software Group AB (publ)'s ( STO:VIT B ) robust recent earnings didn't do much to move the stock. We think this...
Narrative Update Apr 18

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).
Narrative Update Apr 04

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.
Narrative Update Mar 21

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.
Narrative Update Mar 07

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.
Narrative Update Feb 21

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.
New Narrative Feb 13

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.
Analysis Article Feb 13

Vitec Software Group (STO:VIT B) Has Announced A Dividend Of SEK0.90

The board of Vitec Software Group AB (publ) ( STO:VIT B ) has announced that it will pay a dividend of SEK0.90 per...
Analysis Article Feb 09

Here's What Analysts Are Forecasting For Vitec Software Group AB (publ) (STO:VIT B) After Its Full-Year Results

It's been a good week for Vitec Software Group AB (publ) ( STO:VIT B ) shareholders, because the company has just...
Narrative Update Feb 07

VIT 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.
Analysis Article Jan 30

Vitec Software Group AB (publ)'s (STO:VIT B) Intrinsic Value Is Potentially 51% Above Its Share Price

Key Insights Vitec Software Group's estimated fair value is kr385 based on 2 Stage Free Cash Flow to Equity Vitec...
Analysis Article Jan 30

Vitec Software Group (STO:VIT B) Has Announced A Dividend Of SEK0.90

The board of Vitec Software Group AB (publ) ( STO:VIT B ) has announced that it will pay a dividend on the 30th of...
Narrative Update Jan 24

VIT 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.
Narrative Update Jan 09

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%.
Analysis Article Jan 01

Vitec Software Group (STO:VIT B) Will Pay A Dividend Of SEK0.90

Vitec Software Group AB (publ) ( STO:VIT B ) will pay a dividend of SEK0.90 on the 30th of March. This will take the...
Narrative Update Dec 14

VIT 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.
Analysis Article Nov 11

Risks To Shareholder Returns Are Elevated At These Prices For Vitec Software Group AB (publ) (STO:VIT B)

When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") below 22x, you may consider Vitec...
Analysis Article Oct 29

Vitec Software Group (STO:VIT B) Is Due To Pay A Dividend Of SEK0.90

The board of Vitec Software Group AB (publ) ( STO:VIT B ) has announced that it will pay a dividend of SEK0.90 per...
Analysis Article Oct 28

Vitec Software Group's (STO:VIT B) Earnings Seem To Be Promising

The stock was sluggish on the back of Vitec Software Group AB (publ)'s ( STO:VIT B ) recent earnings report. Our...
Analysis Article Oct 18

Revenue Miss: Vitec Software Group AB (publ) Fell 5.0% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Last week, you might have seen that Vitec Software Group AB (publ) ( STO:VIT B ) released its quarterly result to the...
Analysis Article Oct 15

Vitec Software Group's (STO:VIT B) Dividend Will Be SEK0.90

Vitec Software Group AB (publ) ( STO:VIT B ) has announced that it will pay a dividend of SEK0.90 per share on the 30th...
Analysis Article Oct 01

Vitec Software Group's (STO:VIT B) Dividend Will Be SEK0.90

The board of Vitec Software Group AB (publ) ( STO:VIT B ) has announced that it will pay a dividend of SEK0.90 per...
Analysis Article Sep 15

What Does Vitec Software Group AB (publ)'s (STO:VIT B) Share Price Indicate?

Vitec Software Group AB (publ) ( STO:VIT B ), might not be a large cap stock, but it saw significant share price...
Narrative Update Aug 25

Vertical 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.
Analysis Article Aug 13

These 4 Measures Indicate That Vitec Software Group (STO:VIT B) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 12

Vitec Software Group (STO:VIT B) Is Due To Pay A Dividend Of SEK0.90

Vitec Software Group AB (publ) ( STO:VIT B ) will pay a dividend of SEK0.90 on the 29th of September. This will take...
Analysis Article Jul 11

A Look At The Fair Value Of Vitec Software Group AB (publ) (STO:VIT B)

Key Insights The projected fair value for Vitec Software Group is kr408 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article Jun 28

Here's Why We Think Vitec Software Group (STO:VIT B) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article May 27

Vitec Software Group AB (publ)'s (STO:VIT B) Price Is Out Of Tune With Earnings

When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") below 22x, you may consider Vitec...
Analysis Article Apr 23

We think Vitec Software Group AB (publ)'s (STO:VIT B) CEO May Struggle To See Much Of A Pay Rise This Year

Key Insights Vitec Software Group to hold its Annual General Meeting on 29th of April Salary of kr5.06m is part of CEO...
Analysis Article Apr 20

Is Vitec Software Group (STO:VIT B) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Apr 08

A Look At The Intrinsic Value Of Vitec Software Group AB (publ) (STO:VIT B)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Vitec Software Group fair value estimate is kr422 With kr488...
User avatar
New Narrative Mar 13

Decentralized Approach And Niche Focus Will Enhance Market Position

Focus on niche market leadership and strategic acquisitions drives strong recurring revenue and margin improvements.
Analysis Article Feb 13

We Like Vitec Software Group's (STO:VIT B) Earnings For More Than Just Statutory Profit

Vitec Software Group AB (publ) ( STO:VIT B ) announced a healthy earnings result recently, and the market rewarded it...
Analysis Article Jan 20

Vitec Software Group's (STO:VIT B) Returns Have Hit A Wall

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Jan 09

Risks To Shareholder Returns Are Elevated At These Prices For Vitec Software Group AB (publ) (STO:VIT B)

Vitec Software Group AB (publ)'s ( STO:VIT B ) price-to-earnings (or "P/E") ratio of 53.7x might make it look like a...
Analysis Article Dec 29

Here's Why Vitec Software Group (STO:VIT B) Can Manage Its Debt Responsibly

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

Upcoming Dividend Payment

TodayMay 14 2026Ex Dividend DateJun 24 2026Dividend Pay DateJun 30 20266 days from Ex DividendBuy in the next 41 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: VIT B's dividends per share have been stable in the past 10 years.

Growing Dividend: VIT B's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Vitec Software Group Dividend Yield vs Market
How does VIT B dividend yield compare to the market?
SegmentDividend Yield
Company (VIT B)1.5%
Market Bottom 25% (SE)1.7%
Market Top 25% (SE)4.2%
Industry Average (Software)1.9%
Analyst forecast (VIT B) (up to 3 years)2.1%

Notable Dividend: VIT B's dividend (1.5%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.7%).

High Dividend: VIT B's dividend (1.5%) is low compared to the top 25% of dividend payers in the Swedish market (4.24%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.4%), VIT B's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (23.1%), VIT B's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/13 15:30
End of Day Share Price 2026/05/13 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

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.

AnalystInstitution
null nullABG Sundal Collier
Daniel ThorssonABG Sundal Collier Sponsored
null nullDanske Bank