ATEA ASA (ATEA.OL) Stock Fundamental Analysis
Europe - OSL:ATEA - NO0004822503 - Common Stock
147.4 NOK
-0.2 (-0.14%)
Overall ATEA gets a fundamental rating of 4 out of 10. We evaluated ATEA against 73 industry peers in the IT Services industry. While ATEA is still in line with the averages on profitability rating, there are concerns on its financial health. ATEA is valied quite expensively at the moment, while it does show a decent growth rate. ATEA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ATEA had positive earnings in the past year.
ATEA had a positive operating cash flow in the past year.
In the past 5 years ATEA has always been profitable.
In the past 5 years ATEA always reported a positive cash flow from operatings.
1.2 Ratios
ATEA's Return On Assets of 3.69% is in line compared to the rest of the industry. ATEA outperforms 43.84% of its industry peers.
ATEA's Return On Equity of 19.09% is fine compared to the rest of the industry. ATEA outperforms 79.45% of its industry peers.
With an excellent Return On Invested Capital value of 15.86%, ATEA belongs to the best of the industry, outperforming 89.04% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ATEA is below the industry average of 20.36%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.69% | ||
| ROE | 19.09% | ||
| ROIC | 15.86% |
ROA(3y)4.24%
ROA(5y)4.2%
ROE(3y)19.77%
ROE(5y)19.69%
ROIC(3y)16.22%
ROIC(5y)15.36%
1.3 Margins
ATEA has a Profit Margin of 2.11%. This is in the lower half of the industry: ATEA underperforms 61.64% of its industry peers.
In the last couple of years the Profit Margin of ATEA has grown nicely.
ATEA has a Operating Margin of 3.47%. This is in the lower half of the industry: ATEA underperforms 64.38% of its industry peers.
ATEA's Operating Margin has improved in the last couple of years.
ATEA has a worse Gross Margin (29.37%) than 72.60% of its industry peers.
In the last couple of years the Gross Margin of ATEA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.47% | ||
| PM (TTM) | 2.11% | ||
| GM | 29.37% |
OM growth 3Y-1.56%
OM growth 5Y11.43%
PM growth 3Y-5.64%
PM growth 5Y9.16%
GM growth 3Y0.47%
GM growth 5Y7.27%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 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.
ATEA has a better debt/assets ratio than last year.
2.2 Solvency
ATEA has an Altman-Z score of 2.69. This is not the best score and indicates that ATEA is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.69, ATEA is in line with its industry, outperforming 57.53% of the companies in the same industry.
ATEA has a debt to FCF ratio of 3.86. This is a good value and a sign of high solvency as ATEA would need 3.86 years to pay back of all of its debts.
With a Debt to FCF ratio value of 3.86, ATEA perfoms like the industry average, outperforming 50.68% of the companies in the same industry.
ATEA has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.45, ATEA perfoms like the industry average, outperforming 50.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 3.86 | ||
| Altman-Z | 2.69 |
ROIC/WACC1.88
WACC8.43%
2.3 Liquidity
A Current Ratio of 0.90 indicates that ATEA may have some problems paying its short term obligations.
ATEA's Current ratio of 0.90 is on the low side compared to the rest of the industry. ATEA is outperformed by 75.34% of its industry peers.
ATEA has a Quick Ratio of 0.90. 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 worse Quick ratio (0.81) than 78.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
ATEA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.09%.
ATEA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.60% yearly.
Looking at the last year, ATEA shows a quite strong growth in Revenue. The Revenue has grown by 9.54% in the last year.
The Revenue has been decreasing by -1.16% on average over the past years.
EPS 1Y (TTM)5.09%
EPS 3Y-0.21%
EPS 5Y8.6%
EPS Q2Q%13.01%
Revenue 1Y (TTM)9.54%
Revenue growth 3Y6.67%
Revenue growth 5Y-1.16%
Sales Q2Q%9.06%
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 16.84% yearly.
ATEA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.76% yearly.
EPS Next Y5.5%
EPS Next 2Y19.83%
EPS Next 3Y16.84%
EPS Next 5YN/A
Revenue Next Year9.46%
Revenue Next 2Y8.44%
Revenue Next 3Y7.76%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.67, the valuation of ATEA can be described as rather expensive.
ATEA's Price/Earnings is on the same level as the industry average.
ATEA is valuated rather cheaply when we compare the Price/Earnings ratio to 27.77, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 14.19, the valuation of ATEA can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ATEA is on the same level as its industry peers.
ATEA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.67 | ||
| Fwd PE | 14.19 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ATEA.
ATEA's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.96 | ||
| EV/EBITDA | 9.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ATEA does not grow enough to justify the current Price/Earnings ratio.
ATEA's earnings are expected to grow with 16.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.76
PEG (5Y)2.4
EPS Next 2Y19.83%
EPS Next 3Y16.84%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.87%, ATEA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.97, ATEA pays a better dividend. On top of this ATEA pays more dividend than 83.56% of the companies listed in the same industry.
ATEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
5.2 History
The dividend of ATEA has a limited annual growth rate of 1.53%.
Dividend Growth(5Y)1.53%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
102.23% of the earnings are spent on dividend by ATEA. This is not a sustainable payout ratio.
The dividend of ATEA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP102.23%
EPS Next 2Y19.83%
EPS Next 3Y16.84%
OSL:ATEA (10/22/2025, 4:19:48 PM)
147.4
-0.2 (-0.14%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners52.45%
Inst Owner ChangeN/A
Ins Owners0.39%
Ins Owner ChangeN/A
Market Cap16.56B
Revenue(TTM)36.29B
Net Income(TTM)764.00M
Analysts83.64
Price Target167.28 (13.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
Yearly Dividend7.01
Dividend Growth(5Y)1.53%
DP102.23%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.4%
Min EPS beat(2)-35.11%
Max EPS beat(2)-25.7%
EPS beat(4)1
Avg EPS beat(4)-16.19%
Min EPS beat(4)-35.11%
Max EPS beat(4)2.74%
EPS beat(8)2
Avg EPS beat(8)-12.72%
EPS beat(12)4
Avg EPS beat(12)-7.21%
EPS beat(16)7
Avg EPS beat(16)-5.01%
Revenue beat(2)0
Avg Revenue beat(2)-6.19%
Min Revenue beat(2)-8.86%
Max Revenue beat(2)-3.52%
Revenue beat(4)1
Avg Revenue beat(4)-4.4%
Min Revenue beat(4)-8.86%
Max Revenue beat(4)2.61%
Revenue beat(8)1
Avg Revenue beat(8)-8.99%
Revenue beat(12)1
Avg Revenue beat(12)-9.47%
Revenue beat(16)1
Avg Revenue beat(16)-16%
PT rev (1m)0%
PT rev (3m)-1.11%
EPS NQ rev (1m)2.78%
EPS NQ rev (3m)-7.5%
EPS NY rev (1m)-10.75%
EPS NY rev (3m)-16.81%
Revenue NQ rev (1m)-1.27%
Revenue NQ rev (3m)2.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.67 | ||
| Fwd PE | 14.19 | ||
| P/S | 0.46 | ||
| P/FCF | 19.96 | ||
| P/OCF | 13 | ||
| P/B | 4.14 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.23 |
EPS(TTM)7.13
EY4.84%
EPS(NY)10.39
Fwd EY7.05%
FCF(TTM)7.39
FCFY5.01%
OCF(TTM)11.34
OCFY7.69%
SpS322.92
BVpS35.62
TBVpS-11.45
PEG (NY)3.76
PEG (5Y)2.4
Graham Number75.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.69% | ||
| ROE | 19.09% | ||
| ROCE | 20.37% | ||
| ROIC | 15.86% | ||
| ROICexc | 19.16% | ||
| ROICexgc | N/A | ||
| OM | 3.47% | ||
| PM (TTM) | 2.11% | ||
| GM | 29.37% | ||
| FCFM | 2.29% |
ROA(3y)4.24%
ROA(5y)4.2%
ROE(3y)19.77%
ROE(5y)19.69%
ROIC(3y)16.22%
ROIC(5y)15.36%
ROICexc(3y)21.54%
ROICexc(5y)20.76%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)20.83%
ROCE(5y)19.73%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y0.9%
ROICexc growth 5Y0.34%
OM growth 3Y-1.56%
OM growth 5Y11.43%
PM growth 3Y-5.64%
PM growth 5Y9.16%
GM growth 3Y0.47%
GM growth 5Y7.27%
F-Score5
Asset Turnover1.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 3.86 | ||
| Debt/EBITDA | 0.9 | ||
| Cap/Depr | 58.5% | ||
| Cap/Sales | 1.22% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.1% | ||
| Profit Quality | 108.64% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 2.69 |
F-Score5
WACC8.43%
ROIC/WACC1.88
Cap/Depr(3y)56.41%
Cap/Depr(5y)54.8%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.07%
Profit Quality(3y)158.62%
Profit Quality(5y)151.25%
High Growth Momentum
Growth
EPS 1Y (TTM)5.09%
EPS 3Y-0.21%
EPS 5Y8.6%
EPS Q2Q%13.01%
EPS Next Y5.5%
EPS Next 2Y19.83%
EPS Next 3Y16.84%
EPS Next 5YN/A
Revenue 1Y (TTM)9.54%
Revenue growth 3Y6.67%
Revenue growth 5Y-1.16%
Sales Q2Q%9.06%
Revenue Next Year9.46%
Revenue Next 2Y8.44%
Revenue Next 3Y7.76%
Revenue Next 5YN/A
EBIT growth 1Y4.91%
EBIT growth 3Y5%
EBIT growth 5Y10.15%
EBIT Next Year65.05%
EBIT Next 3Y27.62%
EBIT Next 5YN/A
FCF growth 1Y-66.12%
FCF growth 3Y27.77%
FCF growth 5Y0.38%
OCF growth 1Y-55.3%
OCF growth 3Y22.77%
OCF growth 5Y1.34%