ATEA ASA (ATEA.OL) Stock Fundamental Analysis
Europe - OSL:ATEA - NO0004822503 - Common Stock
142.4 NOK
+0.4 (+0.28%)
We assign a fundamental rating of 5 out of 10 to ATEA. ATEA was compared to 69 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 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.
ATEA had a positive operating cash flow in the past year.
In the past 5 years ATEA has always been profitable.
Each year in the past 5 years ATEA had a positive operating cash flow.
1.2 Ratios
ATEA's Return On Assets of 3.69% is in line compared to the rest of the industry. ATEA outperforms 44.93% of its industry peers.
Looking at the Return On Equity, with a value of 19.09%, ATEA belongs to the top of the industry, outperforming 81.16% of the companies in the same industry.
The Return On Invested Capital of ATEA (15.86%) is better than 89.86% of its industry peers.
ATEA had an Average Return On Invested Capital over the past 3 years of 16.22%. This is above the industry average of 11.46%.
| 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
The Profit Margin of ATEA (2.11%) is comparable to the rest of the industry.
ATEA's Profit Margin has improved in the last couple of years.
ATEA has a Operating Margin of 3.47%. This is in the lower half of the industry: ATEA underperforms 63.77% of its industry peers.
In the last couple of years the Operating Margin of ATEA has grown nicely.
ATEA has a Gross Margin of 29.37%. This is in the lower half of the industry: ATEA underperforms 65.22% of its industry peers.
ATEA's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ATEA is creating some value.
ATEA has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ATEA has been increased compared to 5 years ago.
The debt/assets ratio for ATEA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.67 indicates that ATEA is not a great score, but indicates only limited risk for bankruptcy at the moment.
ATEA has a Altman-Z score (2.67) which is comparable to the rest of the industry.
The Debt to FCF ratio of ATEA is 3.86, which is a good value as it means it would take ATEA, 3.86 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ATEA (3.86) is comparable to the rest of the industry.
ATEA has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
ATEA has a Debt to Equity ratio (0.45) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 3.86 | ||
| Altman-Z | 2.67 |
ROIC/WACC1.09
WACC14.52%
2.3 Liquidity
ATEA has a Current 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 Current ratio of 0.90. This is in the lower half of the industry: ATEA underperforms 78.26% of its industry peers.
A Quick Ratio of 0.81 indicates that ATEA may have some problems paying its short term obligations.
With a Quick ratio value of 0.81, ATEA is not doing good in the industry: 79.71% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.09% over the past year.
The Earnings Per Share has been growing by 8.60% on average over the past years. This is quite good.
ATEA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.54%.
Measured over the past years, ATEA shows a decrease in Revenue. The Revenue has been decreasing by -1.16% on average per year.
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
Based on estimates for the next years, ATEA will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.78% on average per year.
ATEA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.76% yearly.
EPS Next Y18.2%
EPS Next 2Y19.4%
EPS Next 3Y15.78%
EPS Next 5YN/A
Revenue Next Year9.46%
Revenue Next 2Y8.44%
Revenue Next 3Y7.76%
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
With a Price/Earnings ratio of 19.97, ATEA is valued on the expensive side.
ATEA's Price/Earnings ratio is in line with the industry average.
ATEA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.27.
Based on the Price/Forward Earnings ratio of 13.81, the valuation of ATEA can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ATEA indicates a somewhat cheap valuation: ATEA is cheaper than 65.22% of the companies listed in the same industry.
ATEA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.97 | ||
| Fwd PE | 13.81 |
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 is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.28 | ||
| EV/EBITDA | 8.96 |
4.3 Compensation for Growth
ATEA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ATEA may justify a higher PE ratio.
A more expensive valuation may be justified as ATEA's earnings are expected to grow with 15.78% in the coming years.
PEG (NY)1.1
PEG (5Y)2.32
EPS Next 2Y19.4%
EPS Next 3Y15.78%
5. Dividend
5.1 Amount
ATEA has a Yearly Dividend Yield of 4.93%, which is a nice return.
Compared to an average industry Dividend Yield of 7.73, ATEA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, ATEA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
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
ATEA pays out 102.23% of its income as dividend. This is not a sustainable payout ratio.
ATEA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP102.23%
EPS Next 2Y19.4%
EPS Next 3Y15.78%
OSL:ATEA (9/16/2025, 1:04:15 PM)
142.4
+0.4 (+0.28%)
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 Cap16.00B
Analysts83.64
Price Target167.28 (17.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
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)-0.61%
PT rev (3m)4.46%
EPS NQ rev (1m)-5.26%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-6.8%
EPS NY rev (3m)-6.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.41%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.97 | ||
| Fwd PE | 13.81 | ||
| P/S | 0.44 | ||
| P/FCF | 19.28 | ||
| P/OCF | 12.56 | ||
| P/B | 4 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.96 |
EPS(TTM)7.13
EY5.01%
EPS(NY)10.31
Fwd EY7.24%
FCF(TTM)7.39
FCFY5.19%
OCF(TTM)11.34
OCFY7.96%
SpS322.92
BVpS35.62
TBVpS-11.45
PEG (NY)1.1
PEG (5Y)2.32
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%
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 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 | 2.67 |
F-Score5
WACC14.52%
ROIC/WACC1.09
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 Y18.2%
EPS Next 2Y19.4%
EPS Next 3Y15.78%
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 Year71.82%
EBIT Next 3Y26.38%
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%