ATEA ASA (ATEA.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ATEA - NO0004822503 - Common Stock
147 NOK
+1.6 (+1.1%)
Taking everything into account, ATEA scores 5 out of 10 in our fundamental rating. ATEA was compared to 72 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 decent growth rate and is not valued too expensively. Finally 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.
ATEA had positive earnings in each of the past 5 years.
ATEA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ATEA's Return On Assets of 4.69% is in line compared to the rest of the industry. ATEA outperforms 55.56% of its industry peers.
The Return On Equity of ATEA (19.22%) is better than 80.56% of its industry peers.
ATEA's Return On Invested Capital of 16.13% is amongst the best of the industry. ATEA outperforms 88.89% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ATEA is above the industry average of 11.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.69% | ||
| ROE | 19.22% | ||
| ROIC | 16.13% |
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
With a Profit Margin value of 2.17%, ATEA perfoms like the industry average, outperforming 41.67% 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 3.54%, ATEA is not doing good in the industry: 65.28% of the companies in the same industry are doing better.
ATEA's Operating Margin has improved in the last couple of years.
ATEA has a worse Gross Margin (29.44%) than 72.22% of its industry peers.
ATEA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.54% | ||
| PM (TTM) | 2.17% | ||
| GM | 29.44% |
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.
Compared to 1 year ago, ATEA has more shares outstanding
Compared to 5 years ago, ATEA has more shares outstanding
The debt/assets ratio for ATEA has been reduced compared to a year ago.
2.2 Solvency
ATEA has an Altman-Z score of 3.38. This indicates that ATEA is financially healthy and has little risk of bankruptcy at the moment.
ATEA has a better Altman-Z score (3.38) than 73.61% of its industry peers.
ATEA has a debt to FCF ratio of 3.18. This is a good value and a sign of high solvency as ATEA would need 3.18 years to pay back of all of its debts.
The Debt to FCF ratio of ATEA (3.18) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.42 indicates that ATEA is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.42, ATEA perfoms like the industry average, outperforming 52.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.18 | ||
| Altman-Z | 3.38 |
ROIC/WACC1.91
WACC8.43%
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.
With a Current ratio value of 0.88, ATEA is not doing good in the industry: 81.94% of the companies in the same industry are doing better.
A Quick Ratio of 0.78 indicates that ATEA may have some problems paying its short term obligations.
ATEA has a Quick ratio of 0.78. This is amonst the worse of the industry: ATEA underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.93% 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 10.11%.
The Revenue has been decreasing by -1.16% on average over the past years.
EPS 1Y (TTM)7.93%
EPS 3Y-0.21%
EPS 5Y8.6%
EPS Q2Q%16.96%
Revenue 1Y (TTM)10.11%
Revenue growth 3Y6.67%
Revenue growth 5Y-1.16%
Sales Q2Q%5.64%
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 16.90% on average per year.
Based on estimates for the next years, ATEA will show a small growth in Revenue. The Revenue will grow by 7.36% on average per year.
EPS Next Y9.08%
EPS Next 2Y18.94%
EPS Next 3Y16.9%
EPS Next 5YN/A
Revenue Next Year8.34%
Revenue Next 2Y7.82%
Revenue Next 3Y7.36%
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
Based on the Price/Earnings ratio of 19.81, the valuation of ATEA can be described as rather expensive.
ATEA's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.65, ATEA is valued a bit cheaper.
The Price/Forward Earnings ratio is 14.36, which indicates a correct valuation of ATEA.
Based on the Price/Forward Earnings ratio, ATEA is valued a bit cheaper than 61.11% of the companies in the same industry.
ATEA is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.45, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.81 | ||
| Fwd PE | 14.36 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATEA is on the same level as its industry peers.
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 | 17.69 | ||
| EV/EBITDA | 8.97 |
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 has a very decent profitability rating, which may justify a higher PE ratio.
ATEA's earnings are expected to grow with 16.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.18
PEG (5Y)2.3
EPS Next 2Y18.94%
EPS Next 3Y16.9%
5. Dividend
5.1 Amount
ATEA has a Yearly Dividend Yield of 4.81%, which is a nice return.
ATEA's Dividend Yield is rather good when compared to the industry average which is at 3.92. ATEA pays more dividend than 84.72% of the companies in the same industry.
ATEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
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 97.87% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ATEA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP97.87%
EPS Next 2Y18.94%
EPS Next 3Y16.9%
OSL:ATEA (11/24/2025, 7:00:00 PM)
147
+1.6 (+1.1%)
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 Cap16.52B
Revenue(TTM)36.74B
Net Income(TTM)798.00M
Analysts83.64
Price Target169.93 (15.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
Yearly Dividend7.01
Dividend Growth(5Y)1.53%
DP97.87%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-14.56%
Min EPS beat(2)-35.11%
Max EPS beat(2)5.99%
EPS beat(4)2
Avg EPS beat(4)-13.02%
Min EPS beat(4)-35.11%
Max EPS beat(4)5.99%
EPS beat(8)3
Avg EPS beat(8)-10.54%
EPS beat(12)5
Avg EPS beat(12)-6.05%
EPS beat(16)7
Avg EPS beat(16)-4.88%
Revenue beat(2)0
Avg Revenue beat(2)-3.73%
Min Revenue beat(2)-3.95%
Max Revenue beat(2)-3.52%
Revenue beat(4)1
Avg Revenue beat(4)-3.43%
Min Revenue beat(4)-8.86%
Max Revenue beat(4)2.61%
Revenue beat(8)1
Avg Revenue beat(8)-7.71%
Revenue beat(12)1
Avg Revenue beat(12)-9.64%
Revenue beat(16)1
Avg Revenue beat(16)-16.1%
PT rev (1m)1.59%
PT rev (3m)0.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)3.4%
EPS NY rev (3m)-7.71%
Revenue NQ rev (1m)-2.67%
Revenue NQ rev (3m)-2.69%
Revenue NY rev (1m)-1.02%
Revenue NY rev (3m)-0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.81 | ||
| Fwd PE | 14.36 | ||
| P/S | 0.45 | ||
| P/FCF | 17.69 | ||
| P/OCF | 11.95 | ||
| P/B | 3.98 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.97 |
EPS(TTM)7.42
EY5.05%
EPS(NY)10.24
Fwd EY6.96%
FCF(TTM)8.31
FCFY5.65%
OCF(TTM)12.3
OCFY8.37%
SpS326.93
BVpS36.95
TBVpS-9.36
PEG (NY)2.18
PEG (5Y)2.3
Graham Number78.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.69% | ||
| ROE | 19.22% | ||
| ROCE | 20.72% | ||
| ROIC | 16.13% | ||
| ROICexc | 18.85% | ||
| ROICexgc | 599.31% | ||
| OM | 3.54% | ||
| PM (TTM) | 2.17% | ||
| GM | 29.44% | ||
| FCFM | 2.54% |
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-Score6
Asset Turnover2.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.18 | ||
| Debt/EBITDA | 0.85 | ||
| Cap/Depr | 58.18% | ||
| Cap/Sales | 1.22% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.73% | ||
| Profit Quality | 117.04% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 3.38 |
F-Score6
WACC8.43%
ROIC/WACC1.91
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)7.93%
EPS 3Y-0.21%
EPS 5Y8.6%
EPS Q2Q%16.96%
EPS Next Y9.08%
EPS Next 2Y18.94%
EPS Next 3Y16.9%
EPS Next 5YN/A
Revenue 1Y (TTM)10.11%
Revenue growth 3Y6.67%
Revenue growth 5Y-1.16%
Sales Q2Q%5.64%
Revenue Next Year8.34%
Revenue Next 2Y7.82%
Revenue Next 3Y7.36%
Revenue Next 5YN/A
EBIT growth 1Y7.52%
EBIT growth 3Y5%
EBIT growth 5Y10.15%
EBIT Next Year65.05%
EBIT Next 3Y27.62%
EBIT Next 5YN/A
FCF growth 1Y-36.46%
FCF growth 3Y27.77%
FCF growth 5Y0.38%
OCF growth 1Y-24.15%
OCF growth 3Y22.77%
OCF growth 5Y1.34%
ATEA ASA / ATEA.OL FAQ
Can you provide the ChartMill fundamental rating for ATEA ASA?
ChartMill assigns a fundamental rating of 5 / 10 to ATEA.OL.
Can you provide the valuation status for ATEA ASA?
ChartMill assigns a valuation rating of 4 / 10 to ATEA ASA (ATEA.OL). This can be considered as Fairly Valued.
How profitable is ATEA ASA (ATEA.OL) stock?
ATEA ASA (ATEA.OL) has a profitability rating of 6 / 10.
What is the valuation of ATEA ASA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ATEA ASA (ATEA.OL) is 19.81 and the Price/Book (PB) ratio is 3.98.
What is the expected EPS growth for ATEA ASA (ATEA.OL) stock?
The Earnings per Share (EPS) of ATEA ASA (ATEA.OL) is expected to grow by 9.08% in the next year.