CRAYON GROUP HOLDING AS (CRAYN.OL) Stock Fundamental Analysis

OSL:CRAYN • NO0010808892

144 NOK
-0.5 (-0.35%)
Last: Jul 2, 2025, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Taking everything into account, CRAYN scores 5 out of 10 in our fundamental rating. CRAYN was compared to 116 industry peers in the Software industry. CRAYN scores excellent on profitability, but there are concerns on its financial health. CRAYN may be a bit undervalued, certainly considering the very reasonable score on growth


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • CRAYN had positive earnings in the past year.
  • CRAYN had a positive operating cash flow in the past year.
  • CRAYN had positive earnings in 4 of the past 5 years.
  • CRAYN had a positive operating cash flow in each of the past 5 years.
CRAYN.OL Yearly Net Income VS EBIT VS OCF VS FCFCRAYN.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

1.2 Ratios

  • CRAYN has a Return On Assets of 1.53%. This is comparable to the rest of the industry: CRAYN outperforms 55.77% of its industry peers.
  • With a decent Return On Equity value of 10.80%, CRAYN is doing good in the industry, outperforming 66.35% of the companies in the same industry.
  • The Return On Invested Capital of CRAYN (11.88%) is better than 84.62% of its industry peers.
  • CRAYN had an Average Return On Invested Capital over the past 3 years of 8.15%. This is below the industry average of 12.58%.
  • The last Return On Invested Capital (11.88%) for CRAYN is above the 3 year average (8.15%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 1.53%
ROE 10.8%
ROIC 11.88%
ROA(3y)0.27%
ROA(5y)0.94%
ROE(3y)1.7%
ROE(5y)5.34%
ROIC(3y)8.15%
ROIC(5y)8.32%
CRAYN.OL Yearly ROA, ROE, ROICCRAYN.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

  • The Profit Margin of CRAYN (4.12%) is comparable to the rest of the industry.
  • CRAYN's Profit Margin has declined in the last couple of years.
  • The Operating Margin of CRAYN (11.00%) is better than 66.35% of its industry peers.
  • In the last couple of years the Operating Margin of CRAYN has grown nicely.
  • With an excellent Gross Margin value of 89.27%, CRAYN belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
  • In the last couple of years the Gross Margin of CRAYN has grown nicely.
Industry RankSector Rank
OM 11%
PM (TTM) 4.12%
GM 89.27%
OM growth 3Y-1%
OM growth 5Y62.81%
PM growth 3Y-16.95%
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y46.49%
CRAYN.OL Yearly Profit, Operating, Gross MarginsCRAYN.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CRAYN is still creating some value.
  • Compared to 1 year ago, CRAYN has more shares outstanding
  • CRAYN has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for CRAYN has been reduced compared to a year ago.
CRAYN.OL Yearly Shares OutstandingCRAYN.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
CRAYN.OL Yearly Total Debt VS Total AssetsCRAYN.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

  • CRAYN has an Altman-Z score of 1.02. This is a bad value and indicates that CRAYN is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of CRAYN (1.02) is worse than 70.19% of its industry peers.
  • CRAYN has a debt to FCF ratio of 1.61. This is a very positive value and a sign of high solvency as it would only need 1.61 years to pay back of all of its debts.
  • CRAYN has a better Debt to FCF ratio (1.61) than 75.96% of its industry peers.
  • A Debt/Equity ratio of 0.58 indicates that CRAYN is somewhat dependend on debt financing.
  • The Debt to Equity ratio of CRAYN (0.58) is worse than 62.50% of its industry peers.
  • Although CRAYN does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF 1.61
Altman-Z 1.02
ROIC/WACC1.23
WACC9.67%
CRAYN.OL Yearly LT Debt VS Equity VS FCFCRAYN.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 0.98 indicates that CRAYN may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.98, CRAYN is doing worse than 67.31% of the companies in the same industry.
  • A Quick Ratio of 0.98 indicates that CRAYN may have some problems paying its short term obligations.
  • The Quick ratio of CRAYN (0.98) is worse than 66.35% of its industry peers.
Industry RankSector Rank
Current Ratio 0.98
Quick Ratio 0.98
CRAYN.OL Yearly Current Assets VS Current LiabilitesCRAYN.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • CRAYN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.17%, which is quite impressive.
  • Measured over the past years, CRAYN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.95% on average per year.
  • The Revenue has been growing slightly by 7.67% in the past year.
  • CRAYN shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -12.43% yearly.
EPS 1Y (TTM)44.17%
EPS 3Y8.95%
EPS 5YN/A
EPS Q2Q%38.61%
Revenue 1Y (TTM)7.67%
Revenue growth 3Y25.66%
Revenue growth 5Y-12.43%
Sales Q2Q%6.61%

3.2 Future

  • The Earnings Per Share is expected to grow by 48.55% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, CRAYN will show a decrease in Revenue. The Revenue will decrease by -1.25% on average per year.
EPS Next Y108.12%
EPS Next 2Y65.95%
EPS Next 3Y48.55%
EPS Next 5YN/A
Revenue Next Year13.29%
Revenue Next 2Y13.92%
Revenue Next 3Y13.37%
Revenue Next 5Y-1.25%

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.
CRAYN.OL Yearly Revenue VS EstimatesCRAYN.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B 25B
CRAYN.OL Yearly EPS VS EstimatesCRAYN.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 4 6 8 10

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 35.29, the valuation of CRAYN can be described as expensive.
  • Based on the Price/Earnings ratio, CRAYN is valued a bit cheaper than the industry average as 74.04% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 26.83, CRAYN is valued a bit more expensive.
  • CRAYN is valuated correctly with a Price/Forward Earnings ratio of 13.49.
  • Based on the Price/Forward Earnings ratio, CRAYN is valued cheaply inside the industry as 86.54% of the companies are valued more expensively.
  • CRAYN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.95.
Industry RankSector Rank
PE 35.29
Fwd PE 13.49
CRAYN.OL Price Earnings VS Forward Price EarningsCRAYN.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CRAYN is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CRAYN indicates a rather cheap valuation: CRAYN is cheaper than 91.35% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.23
EV/EBITDA 11.79
CRAYN.OL Per share dataCRAYN.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

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.
  • The decent profitability rating of CRAYN may justify a higher PE ratio.
  • CRAYN's earnings are expected to grow with 48.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y65.95%
EPS Next 3Y48.55%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • CRAYN does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

CRAYON GROUP HOLDING AS

OSL:CRAYN (7/2/2025, 7:00:00 PM)

144

-0.5 (-0.35%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)05-21
Earnings (Next)08-27
Inst Owners59.97%
Inst Owner ChangeN/A
Ins Owners1.32%
Ins Owner ChangeN/A
Market Cap12.90B
Revenue(TTM)7.12B
Net Income(TTM)293.00M
Analysts76
Price Target144.46 (0.32%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-49.25%
Min EPS beat(2)-60.61%
Max EPS beat(2)-37.9%
EPS beat(4)0
Avg EPS beat(4)-35.83%
Min EPS beat(4)-60.61%
Max EPS beat(4)-13.94%
EPS beat(8)2
Avg EPS beat(8)-24.98%
EPS beat(12)2
Avg EPS beat(12)-66.98%
EPS beat(16)5
Avg EPS beat(16)-94.94%
Revenue beat(2)0
Avg Revenue beat(2)-8.54%
Min Revenue beat(2)-9.83%
Max Revenue beat(2)-7.25%
Revenue beat(4)0
Avg Revenue beat(4)-7.68%
Min Revenue beat(4)-9.83%
Max Revenue beat(4)-4.06%
Revenue beat(8)3
Avg Revenue beat(8)-3.98%
Revenue beat(12)5
Avg Revenue beat(12)-13.42%
Revenue beat(16)5
Avg Revenue beat(16)-31.36%
PT rev (1m)0%
PT rev (3m)0.55%
EPS NQ rev (1m)-2.8%
EPS NQ rev (3m)-1.78%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.11%
Valuation
Industry RankSector Rank
PE 35.29
Fwd PE 13.49
P/S 1.81
P/FCF 11.23
P/OCF 9.75
P/B 4.76
P/tB N/A
EV/EBITDA 11.79
EPS(TTM)4.08
EY2.83%
EPS(NY)10.68
Fwd EY7.41%
FCF(TTM)12.83
FCFY8.91%
OCF(TTM)14.77
OCFY10.26%
SpS79.49
BVpS30.28
TBVpS-11.43
PEG (NY)0.33
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 1.53%
ROE 10.8%
ROCE 17.55%
ROIC 11.88%
ROICexc 17.65%
ROICexgc N/A
OM 11%
PM (TTM) 4.12%
GM 89.27%
FCFM 16.14%
ROA(3y)0.27%
ROA(5y)0.94%
ROE(3y)1.7%
ROE(5y)5.34%
ROIC(3y)8.15%
ROIC(5y)8.32%
ROICexc(3y)11.91%
ROICexc(5y)28.33%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)12.05%
ROCE(5y)12.29%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y22.85%
ROICexc growth 5Y8.87%
OM growth 3Y-1%
OM growth 5Y62.81%
PM growth 3Y-16.95%
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y46.49%
F-Score6
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF 1.61
Debt/EBITDA 1.4
Cap/Depr 50.58%
Cap/Sales 2.44%
Interest Coverage 250
Cash Conversion 117.39%
Profit Quality 392.15%
Current Ratio 0.98
Quick Ratio 0.98
Altman-Z 1.02
F-Score6
WACC9.67%
ROIC/WACC1.23
Cap/Depr(3y)45.9%
Cap/Depr(5y)48.63%
Cap/Sales(3y)2.42%
Cap/Sales(5y)2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)44.17%
EPS 3Y8.95%
EPS 5YN/A
EPS Q2Q%38.61%
EPS Next Y108.12%
EPS Next 2Y65.95%
EPS Next 3Y48.55%
EPS Next 5YN/A
Revenue 1Y (TTM)7.67%
Revenue growth 3Y25.66%
Revenue growth 5Y-12.43%
Sales Q2Q%6.61%
Revenue Next Year13.29%
Revenue Next 2Y13.92%
Revenue Next 3Y13.37%
Revenue Next 5Y-1.25%
EBIT growth 1Y72.09%
EBIT growth 3Y24.41%
EBIT growth 5Y42.57%
EBIT Next Year56.93%
EBIT Next 3Y29.1%
EBIT Next 5YN/A
FCF growth 1Y231.56%
FCF growth 3YN/A
FCF growth 5Y59.47%
OCF growth 1Y165.01%
OCF growth 3Y272.45%
OCF growth 5Y47.49%

CRAYON GROUP HOLDING AS / CRAYN.OL FAQ

Can you provide the ChartMill fundamental rating for CRAYON GROUP HOLDING AS?

ChartMill assigns a fundamental rating of 5 / 10 to CRAYN.OL.


Can you provide the valuation status for CRAYON GROUP HOLDING AS?

ChartMill assigns a valuation rating of 7 / 10 to CRAYON GROUP HOLDING AS (CRAYN.OL). This can be considered as Undervalued.


How profitable is CRAYON GROUP HOLDING AS (CRAYN.OL) stock?

CRAYON GROUP HOLDING AS (CRAYN.OL) has a profitability rating of 7 / 10.


What is the earnings growth outlook for CRAYON GROUP HOLDING AS?

The Earnings per Share (EPS) of CRAYON GROUP HOLDING AS (CRAYN.OL) is expected to grow by 108.12% in the next year.


Is the dividend of CRAYON GROUP HOLDING AS sustainable?

The dividend rating of CRAYON GROUP HOLDING AS (CRAYN.OL) is 0 / 10 and the dividend payout ratio is 0%.