ATEA ASA (ATEA.OL) Stock Fundamental Analysis
OSL:ATEA - Euronext Oslo - NO0004822503 - Common Stock - Currency: NOK
Taking everything into account, ATEA scores 5 out of 10 in our fundamental rating. ATEA was compared to 74 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 has a correct valuation and a medium growth rate.
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.
ATEA had positive earnings in each of the past 5 years.
Each year in the past 5 years ATEA had a positive operating cash flow.
1.2 Ratios
ATEA's Return On Assets of 4.37% is in line compared to the rest of the industry. ATEA outperforms 52.70% of its industry peers.
The Return On Equity of ATEA (16.74%) is better than 79.73% of its industry peers.
With an excellent Return On Invested Capital value of 14.64%, ATEA belongs to the best of the industry, outperforming 90.54% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ATEA is below the industry average of 20.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.37% | ||
| ROE | 16.74% | ||
| ROIC | 14.64% |
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 (2.10%) which is comparable to the rest of the industry.
ATEA's Profit Margin has improved in the last couple of years.
ATEA's Operating Margin of 3.48% is on the low side compared to the rest of the industry. ATEA is outperformed by 62.16% of its industry peers.
In the last couple of years the Operating Margin of ATEA has grown nicely.
The Gross Margin of ATEA (29.62%) is worse than 66.22% of its industry peers.
In the last couple of years the Gross Margin of ATEA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.48% | ||
| PM (TTM) | 2.1% | ||
| GM | 29.62% |
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
ATEA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for ATEA has been increased compared to 1 year ago.
ATEA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ATEA has an improved debt to assets ratio.
2.2 Solvency
ATEA has an Altman-Z score of 3.40. This indicates that ATEA is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.40, ATEA is doing good in the industry, outperforming 68.92% of the companies in the same industry.
ATEA has a debt to FCF ratio of 1.40. This is a very positive value and a sign of high solvency as it would only need 1.40 years to pay back of all of its debts.
The Debt to FCF ratio of ATEA (1.40) is better than 74.32% of its industry peers.
ATEA has a Debt/Equity ratio of 0.39. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.39, ATEA perfoms like the industry average, outperforming 54.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 1.4 | ||
| Altman-Z | 3.4 |
ROIC/WACC1.72
WACC8.51%
2.3 Liquidity
ATEA has a Current Ratio of 0.92. This is a bad value and indicates that ATEA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.92, ATEA is doing worse than 77.03% of the companies in the same industry.
ATEA has a Quick Ratio of 0.92. 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 Quick ratio of 0.81. This is in the lower half of the industry: ATEA underperforms 79.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
The earnings per share for ATEA have decreased by -4.33% in the last year.
The Earnings Per Share has been growing by 8.60% on average over the past years. This is quite good.
Looking at the last year, ATEA shows a small growth in Revenue. The Revenue has grown by 5.69% in the last year.
ATEA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.16% yearly.
EPS 1Y (TTM)-4.33%
EPS 3Y-0.21%
EPS 5Y8.6%
EPS Q2Q%-15.79%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y6.67%
Revenue growth 5Y-1.16%
Sales Q2Q%12.45%
3.2 Future
The Earnings Per Share is expected to grow by 22.14% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 6.07% on average over the next years.
EPS Next Y26.82%
EPS Next 2Y21.38%
EPS Next 3Y22.14%
EPS Next 5YN/A
Revenue Next Year9.75%
Revenue Next 2Y6.95%
Revenue Next 3Y6.07%
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.
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
The Price/Earnings ratio is 22.38, which indicates a rather expensive current valuation of ATEA.
ATEA's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.30. ATEA is around the same levels.
Based on the Price/Forward Earnings ratio of 14.64, the valuation of ATEA can be described as correct.
Based on the Price/Forward Earnings ratio, ATEA is valued a bit cheaper than the industry average as 66.22% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ATEA to the average of the S&P500 Index (21.76), we can say ATEA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.38 | ||
| Fwd PE | 14.64 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ATEA.
67.57% of the companies in the same industry are more expensive than ATEA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.94 | ||
| EV/EBITDA | 9.55 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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 22.14% in the coming years.
PEG (NY)0.83
PEG (5Y)2.6
EPS Next 2Y21.38%
EPS Next 3Y22.14%
5. Dividend
5.1 Amount
ATEA has a Yearly Dividend Yield of 4.60%, which is a nice return.
ATEA's Dividend Yield is a higher than the industry average which is at 6.89.
ATEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.6% |
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
104.83% 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.
DP104.83%
EPS Next 2Y21.38%
EPS Next 3Y22.14%
OSL:ATEA (7/11/2025, 7:00:00 PM)
156
0 (0%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners49.98%
Inst Owner ChangeN/A
Ins Owners0.39%
Ins Owner ChangeN/A
Market Cap17.53B
Analysts83.33
Price Target160.14 (2.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.6% |
Yearly Dividend7.01
Dividend Growth(5Y)1.53%
DP104.83%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-11.48%
Min EPS beat(2)-25.7%
Max EPS beat(2)2.74%
EPS beat(4)1
Avg EPS beat(4)-15.6%
Min EPS beat(4)-32.76%
Max EPS beat(4)2.74%
EPS beat(8)3
Avg EPS beat(8)-8.25%
EPS beat(12)5
Avg EPS beat(12)-3.4%
EPS beat(16)8
Avg EPS beat(16)-2.31%
Revenue beat(2)1
Avg Revenue beat(2)-3.12%
Min Revenue beat(2)-8.86%
Max Revenue beat(2)2.61%
Revenue beat(4)1
Avg Revenue beat(4)-5.75%
Min Revenue beat(4)-8.9%
Max Revenue beat(4)2.61%
Revenue beat(8)1
Avg Revenue beat(8)-10.52%
Revenue beat(12)1
Avg Revenue beat(12)-12.13%
Revenue beat(16)1
Avg Revenue beat(16)-18.23%
PT rev (1m)1.51%
PT rev (3m)-1.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.38 | ||
| Fwd PE | 14.64 | ||
| P/S | 0.49 | ||
| P/FCF | 10.94 | ||
| P/OCF | 8.55 | ||
| P/B | 3.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.55 |
EPS(TTM)6.97
EY4.47%
EPS(NY)10.66
Fwd EY6.83%
FCF(TTM)14.26
FCFY9.14%
OCF(TTM)18.24
OCFY11.69%
SpS316.17
BVpS39.65
TBVpS-6.18
PEG (NY)0.83
PEG (5Y)2.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.37% | ||
| ROE | 16.74% | ||
| ROCE | 18.8% | ||
| ROIC | 14.64% | ||
| ROICexc | 16.9% | ||
| ROICexgc | 178.05% | ||
| OM | 3.48% | ||
| PM (TTM) | 2.1% | ||
| GM | 29.62% | ||
| FCFM | 4.51% |
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%
ROICexcg growth 3YN/A
ROICexcg 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 Turnover2.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 1.4 | ||
| Debt/EBITDA | 0.89 | ||
| Cap/Depr | 60.08% | ||
| Cap/Sales | 1.26% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 103.59% | ||
| Profit Quality | 214.88% | ||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 3.4 |
F-Score5
WACC8.51%
ROIC/WACC1.72
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)-4.33%
EPS 3Y-0.21%
EPS 5Y8.6%
EPS Q2Q%-15.79%
EPS Next Y26.82%
EPS Next 2Y21.38%
EPS Next 3Y22.14%
EPS Next 5YN/A
Revenue 1Y (TTM)5.69%
Revenue growth 3Y6.67%
Revenue growth 5Y-1.16%
Sales Q2Q%12.45%
Revenue Next Year9.75%
Revenue Next 2Y6.95%
Revenue Next 3Y6.07%
Revenue Next 5YN/A
EBIT growth 1Y-1.12%
EBIT growth 3Y5%
EBIT growth 5Y10.15%
EBIT Next Year71.82%
EBIT Next 3Y26.38%
EBIT Next 5YN/A
FCF growth 1Y4.84%
FCF growth 3Y27.77%
FCF growth 5Y0.38%
OCF growth 1Y6.16%
OCF growth 3Y22.77%
OCF growth 5Y1.34%