ATEA ASA (ATEA.OL) Stock Fundamental Analysis
OSL:ATEA - Oslo Bors ASA - NO0004822503 - Common Stock - Currency: NOK
Overall ATEA gets a fundamental rating of 5 out of 10. We evaluated ATEA against 71 industry peers in the IT Services industry. Both the profitability and the financial health of ATEA get a neutral evaluation. Nothing too spectacular is happening here. ATEA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ATEA had positive earnings in the past year.
In the past year ATEA had a positive cash flow from operations.
Each year in the past 5 years ATEA has been profitable.
ATEA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ATEA's Return On Assets of 4.78% is in line compared to the rest of the industry. ATEA outperforms 50.77% of its industry peers.
ATEA has a Return On Equity of 18.58%. This is in the better half of the industry: ATEA outperforms 80.00% of its industry peers.
ATEA's Return On Invested Capital of 15.12% is amongst the best of the industry. ATEA outperforms 90.77% of its industry peers.
ATEA had an Average Return On Invested Capital over the past 3 years of 16.51%. This is significantly above the industry average of 10.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.78% | ||
| ROE | 18.58% | ||
| ROIC | 15.12% |
ROA(3y)4.59%
ROA(5y)4.18%
ROE(3y)21.16%
ROE(5y)19.63%
ROIC(3y)16.51%
ROIC(5y)15.06%
1.3 Margins
With a Profit Margin value of 2.31%, ATEA perfoms like the industry average, outperforming 41.54% of the companies in the same industry.
ATEA's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 3.63%, ATEA is not doing good in the industry: 70.77% of the companies in the same industry are doing better.
ATEA's Operating Margin has improved in the last couple of years.
The Gross Margin of ATEA (31.04%) is worse than 80.00% of its industry peers.
In the last couple of years the Gross Margin of ATEA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.63% | ||
| PM (TTM) | 2.31% | ||
| GM | 31.04% |
OM growth 3Y18.08%
OM growth 5Y12.51%
PM growth 3Y15.57%
PM growth 5Y11.37%
GM growth 3Y12.3%
GM growth 5Y6.35%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ATEA is creating value.
ATEA has more shares outstanding than it did 1 year ago.
ATEA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ATEA has a worse debt to assets ratio.
2.2 Solvency
ATEA has an Altman-Z score of 3.33. This indicates that ATEA is financially healthy and has little risk of bankruptcy at the moment.
ATEA has a Altman-Z score of 3.33. This is in the better half of the industry: ATEA outperforms 72.31% of its industry peers.
ATEA has a debt to FCF ratio of 2.44. This is a good value and a sign of high solvency as ATEA would need 2.44 years to pay back of all of its debts.
ATEA has a Debt to FCF ratio of 2.44. This is in the better half of the industry: ATEA outperforms 73.85% of its industry peers.
A Debt/Equity ratio of 0.43 indicates that ATEA is not too dependend on debt financing.
ATEA has a Debt to Equity ratio of 0.43. This is comparable to the rest of the industry: ATEA outperforms 56.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 3.33 |
ROIC/WACC1.83
WACC8.26%
2.3 Liquidity
ATEA has a Current Ratio of 0.88. This is a bad value and indicates that ATEA is not financially healthy enough and could expect problems in meeting its short term obligations.
ATEA has a Current ratio of 0.88. This is amonst the worse of the industry: ATEA underperforms 83.08% of its industry peers.
A Quick Ratio of 0.79 indicates that ATEA may have some problems paying its short term obligations.
ATEA's Quick ratio of 0.79 is on the low side compared to the rest of the industry. ATEA is outperformed by 86.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
ATEA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.84%.
ATEA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.83% yearly.
The Revenue has decreased by -5.00% in the past year.
The Revenue has been decreasing by 0.00% on average over the past years.
EPS 1Y (TTM)-9.84%
EPS 3Y3.93%
EPS 5Y10.83%
EPS Q2Q%5.56%
Revenue 1Y (TTM)-5%
Revenue growth 3Y-4.23%
Revenue growth 5Y0%
Sales Q2Q%3.1%
3.2 Future
ATEA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.12% yearly.
ATEA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.80% yearly.
EPS Next Y9.66%
EPS Next 2Y17.51%
EPS Next 3Y16.12%
EPS Next 5YN/A
Revenue Next Year-2.17%
Revenue Next 2Y3.15%
Revenue Next 3Y3.8%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ATEA is valuated rather expensively with a Price/Earnings ratio of 21.21.
ATEA's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.47, ATEA is valued a bit cheaper.
With a Price/Forward Earnings ratio of 14.78, ATEA is valued correctly.
ATEA's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of ATEA to the average of the S&P500 Index (92.74), we can say ATEA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.21 | ||
| Fwd PE | 14.78 |
4.2 Price Multiples
ATEA's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ATEA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.55 | ||
| EV/EBITDA | 9.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ATEA has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ATEA's earnings are expected to grow with 16.12% in the coming years.
PEG (NY)2.2
PEG (5Y)1.96
EPS Next 2Y17.51%
EPS Next 3Y16.12%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.90%, ATEA is a good candidate for dividend investing.
ATEA's Dividend Yield is rather good when compared to the industry average which is at 4.29. ATEA pays more dividend than 87.69% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, ATEA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
5.2 History
The dividend of ATEA decreases each year by -0.70%.
Dividend Growth(5Y)-0.7%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
95.60% of the earnings are spent on dividend by ATEA. This is not a sustainable payout ratio.
DP95.6%
EPS Next 2Y17.51%
EPS Next 3Y16.12%
ATEA ASA
OSL:ATEA (2/5/2025, 4:19:58 PM)
145.7
+1.7 (+1.18%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners51.84%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap16.37B
Analysts78.33
Price Target168.81 (15.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
Yearly Dividend6.25
Dividend Growth(5Y)-0.7%
DP95.6%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-19.72%
Min EPS beat(2)-32.76%
Max EPS beat(2)-6.69%
EPS beat(4)1
Avg EPS beat(4)-8.07%
Min EPS beat(4)-32.76%
Max EPS beat(4)33.41%
EPS beat(8)3
Avg EPS beat(8)-2.57%
EPS beat(12)5
Avg EPS beat(12)-2.17%
EPS beat(16)8
Avg EPS beat(16)-0.01%
Revenue beat(2)0
Avg Revenue beat(2)-8.37%
Min Revenue beat(2)-8.9%
Max Revenue beat(2)-7.84%
Revenue beat(4)0
Avg Revenue beat(4)-11.98%
Min Revenue beat(4)-22.73%
Max Revenue beat(4)-7.84%
Revenue beat(8)0
Avg Revenue beat(8)-12.75%
Revenue beat(12)0
Avg Revenue beat(12)-20.32%
Revenue beat(16)1
Avg Revenue beat(16)-17.2%
PT rev (1m)-1.49%
PT rev (3m)1.53%
EPS NQ rev (1m)-1.29%
EPS NQ rev (3m)-0.65%
EPS NY rev (1m)0.44%
EPS NY rev (3m)0.44%
Revenue NQ rev (1m)-2.19%
Revenue NQ rev (3m)-1.8%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.21 | ||
| Fwd PE | 14.78 | ||
| P/S | 0.49 | ||
| P/FCF | 14.55 | ||
| P/OCF | 10.86 | ||
| P/B | 3.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.27 |
EPS(TTM)6.87
EY4.72%
EPS(NY)9.86
Fwd EY6.77%
FCF(TTM)10.01
FCFY6.87%
OCF(TTM)13.42
OCFY9.21%
SpS296.92
BVpS36.96
TBVpS-8.68
PEG (NY)2.2
PEG (5Y)1.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.78% | ||
| ROE | 18.58% | ||
| ROCE | 19.3% | ||
| ROIC | 15.12% | ||
| ROICexc | 18.1% | ||
| ROICexgc | 885.88% | ||
| OM | 3.63% | ||
| PM (TTM) | 2.31% | ||
| GM | 31.04% | ||
| FCFM | 3.37% |
ROA(3y)4.59%
ROA(5y)4.18%
ROE(3y)21.16%
ROE(5y)19.63%
ROIC(3y)16.51%
ROIC(5y)15.06%
ROICexc(3y)21.43%
ROICexc(5y)20.78%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.08%
ROCE(5y)19.23%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y3.59%
ROICexc growth 5Y5.05%
OM growth 3Y18.08%
OM growth 5Y12.51%
PM growth 3Y15.57%
PM growth 5Y11.37%
GM growth 3Y12.3%
GM growth 5Y6.35%
F-Score5
Asset Turnover2.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 2.44 | ||
| Debt/EBITDA | 0.92 | ||
| Cap/Depr | 53.19% | ||
| Cap/Sales | 1.15% | ||
| Interest Coverage | 5.31 | ||
| Cash Conversion | 78.13% | ||
| Profit Quality | 145.73% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 3.33 |
F-Score5
WACC8.26%
ROIC/WACC1.83
Cap/Depr(3y)54.93%
Cap/Depr(5y)54.27%
Cap/Sales(3y)1.1%
Cap/Sales(5y)1.01%
Profit Quality(3y)123.4%
Profit Quality(5y)169.23%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.84%
EPS 3Y3.93%
EPS 5Y10.83%
EPS Q2Q%5.56%
EPS Next Y9.66%
EPS Next 2Y17.51%
EPS Next 3Y16.12%
EPS Next 5YN/A
Revenue 1Y (TTM)-5%
Revenue growth 3Y-4.23%
Revenue growth 5Y0%
Sales Q2Q%3.1%
Revenue Next Year-2.17%
Revenue Next 2Y3.15%
Revenue Next 3Y3.8%
Revenue Next 5YN/A
EBIT growth 1Y-6.06%
EBIT growth 3Y13.09%
EBIT growth 5Y12.51%
EBIT Next Year51.91%
EBIT Next 3Y24.27%
EBIT Next 5YN/A
FCF growth 1Y53.27%
FCF growth 3Y13.72%
FCF growth 5Y19.48%
OCF growth 1Y35.98%
OCF growth 3Y10.6%
OCF growth 5Y14.7%