Vitec Software Group Future Growth

Future criteria checks 3/6

Vitec Software Group is forecast to grow earnings and revenue by 16.8% and 13.4% per annum respectively. EPS is expected to grow by 18.9% per annum. Return on equity is forecast to be 12% in 3 years.

Key information

16.8%

Earnings growth rate

18.9%

EPS growth rate

Software earnings growth	35.4%
Revenue growth rate	13.4%
Future return on equity	12.0%
Analyst coverage	Low
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

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

Dec 02

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

Sep 28

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

Aug 17

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

Aug 01

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

May 08

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

May 28

Earnings and Revenue Growth Forecasts

OM:VIT B - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,917	593	162	1,309	2
12/31/2025	3,453	492	160	1,119	2
12/31/2024	3,081	411	-16	1,011	2
3/31/2024	2,881	348	534	923	N/A
12/31/2023	2,778	339	341	718	N/A
9/30/2023	2,615	327	439	801	N/A
6/30/2023	2,419	304	392	730	N/A
3/31/2023	2,144	260	300	607	N/A
12/31/2022	1,978	245	278	563	N/A
9/30/2022	1,669	233	289	547	N/A
6/30/2022	1,588	221	311	550	N/A
3/31/2022	1,590	229	385	623	N/A
12/31/2021	1,571	207	260	488	N/A
9/30/2021	1,707	198	278	491	N/A
6/30/2021	1,640	191	269	475	N/A
3/31/2021	1,553	179	322	514	N/A
12/31/2020	1,475	161	263	436	N/A
9/30/2020	1,403	130	270	437	N/A
6/30/2020	1,369	123	235	400	N/A
3/31/2020	1,332	98	176	334	N/A
12/31/2019	1,295	102	127	283	N/A
9/30/2019	1,287	116	115	270	N/A
6/30/2019	1,256	109	112	263	N/A
3/31/2019	1,205	103	119	267	N/A
12/31/2018	1,144	97	54	197	N/A
9/30/2018	1,096	93	44	178	N/A
6/30/2018	1,045	75	43	173	N/A
3/31/2018	989	80	81	202	N/A
12/31/2017	952	79	N/A	188	N/A
9/30/2017	895	75	N/A	193	N/A
6/30/2017	835	77	N/A	187	N/A
3/31/2017	798	72	N/A	173	N/A
12/31/2016	758	67	N/A	158	N/A
9/30/2016	728	71	N/A	158	N/A
6/30/2016	711	76	N/A	147	N/A
3/31/2016	699	75	N/A	150	N/A
12/31/2015	684	78	N/A	140	N/A
9/30/2015	655	72	N/A	144	N/A
6/30/2015	631	64	N/A	137	N/A
3/31/2015	589	58	N/A	139	N/A
12/31/2014	538	49	N/A	129	N/A
9/30/2014	475	37	N/A	101	N/A
6/30/2014	425	36	N/A	93	N/A
3/31/2014	403	33	N/A	70	N/A
12/31/2013	396	30	N/A	43	N/A
9/30/2013	430	30	N/A	56	N/A
6/30/2013	427	28	N/A	54	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIT B's forecast earnings growth (16.8% per year) is above the savings rate (0.9%).

Earnings vs Market: VIT B's earnings (16.8% per year) are forecast to grow faster than the Swedish market (12.7% per year).

High Growth Earnings: VIT B's earnings are forecast to grow, but not significantly.

Revenue vs Market: VIT B's revenue (13.4% per year) is forecast to grow faster than the Swedish market (1.4% per year).

High Growth Revenue: VIT B's revenue (13.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VIT B's Return on Equity is forecast to be low in 3 years time (12%).

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Vitec Software Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 11%

Price target increased to kr493

Price target increased to kr468

Price target decreased to kr524

Price target increased to kr561

Consensus forecasts updated

Recent updates

Vitec Software Group AB (Publ) Approves Dividend

First quarter 2024 earnings: Revenues miss analyst expectations

Dividend of kr0.75 announced

Independent Director recently sold kr271k worth of stock

Upcoming dividend of kr0.57 per share

Independent Director recently sold kr272k worth of stock

Independent Director recently sold kr560k worth of stock

Full year 2023 earnings: EPS misses analyst expectations

Vitec Software Group AB (publ) to Report First Half, 2024 Results on Jul 12, 2024

Upcoming dividend of kr0.57 per share at 0.4% yield

Independent Director recently sold kr3.7m worth of stock

Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Codea Oy.

Vitec Software Group AB (publ), Annual General Meeting, Apr 23, 2024

New minor risk - Financial position

Third quarter 2023 earnings: EPS misses analyst expectations

Vitec Software Group AB (publ) (OM:VIT B) acquired Picturae Ict B.V.

Vitec Software Group AB (publ) (OM:VIT B) acquired Picturae Ict B.V.

Chief Operating Officer exercised options to buy kr2.1m worth of stock.

Vitec Software Group AB (publ) (OM:VIT B) agreed to acquire Codea.

Upcoming dividend of kr0.57 per share at 0.4% yield

Vitec Software Group AB (publ) completed the acquisition of Neagen Oy.

Independent Director recently sold kr1.2m worth of stock

Consensus EPS estimates increase by 11%

Second quarter 2023 earnings: Revenues exceed analyst expectations

Upcoming dividend of kr0.57 per share at 0.4% yield

Vitec Software Group AB (publ) entered into an agreement to acquire Neagen Oy.

Vitec Software Group AB (publ) (OM:VIT B) acquired Entry Event Sweden Ab.

Independent Director recently sold kr220k worth of stock

Vitec Software Group AB (publ) (OM:VIT B) acquired DL Systems.

First quarter 2023 earnings: Revenues exceed analyst expectations

Independent Director recently bought kr504k worth of stock

Upcoming dividend of kr0.50 per share at 0.5% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Vitec Software Group AB (publ) to Report Fiscal Year 2023 Results on Feb 01, 2024

Vitec Software Group AB (Publ) Announces That Board Member Crister Stjernfelt Has Passed Away

An unknown buyer acquired an unknown stake in Vitec Software Group AB (publ) (OM : VIT B) from Lars Stenlund for SEK 79.6 million.

Upcoming dividend of kr0.50 per share

Independent Director recently bought kr208k worth of stock

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

Price target increased to kr493

Vitec Software Group AB (publ), Annual General Meeting, Apr 25, 2023

Price target increased to kr468

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Vitec Software Group AB (publ) (OM:VIT B) acquired Oy Raisoft Ltd.

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

Investor sentiment deteriorated over the past week

Upcoming dividend of kr0.50 per share

Vitec Software Group AB (publ) (OM : VIT B) acquired Scanrate Financial Systems A/S.

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?

Second quarter 2022 earnings: Revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Vitec Software Group AB (publ) (OM:VIT B) acquired ABS Laundry Business Solutions for €100 million.

Price target decreased to kr524

Vitec Software Group AB (publ) (OM : VIT B) entered into an agreement to acquire SCANRATE Financial SYSTEMS A/S.

Upcoming dividend of kr0.50 per share

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

Vitec Software Group AB (publ) (OM:VIT B) acquired Hotellinx Finland Oy.

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Vitec Software Group AB Approves Dividend, Payable on June 30, 2022, September 30, 2022, December 30, 2022, and March 30, 2023

First quarter 2022 earnings: Revenues exceed analyst expectations

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

Price target increased to kr561

Vitec Software Group AB (publ) Proposes Ordinary Dividend for the Financial Year 2021, Payable on June 30, 2022, September 30, 2022, December 30, 2022, and March 30, 2023

Upcoming dividend of kr0.41 per share

Chief Operating Officer recently sold kr1.9m worth of stock

Independent Director recently bought kr75k worth of stock

Consensus forecasts updated

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