ATEA ASA (ATEA.OL) Stock Fundamental Analysis
OSL:ATEA - Euronext Oslo - NO0004822503 - Common Stock - Currency: NOK
ATEA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 68 industry peers in the IT Services industry. ATEA has only an average score on both its financial health and profitability. ATEA has a correct valuation and a medium growth rate. Finally ATEA also has an excellent dividend rating. With these ratings, ATEA could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
ATEA had positive earnings in the past year.
In the past year ATEA had a positive cash flow from operations.
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
With a Return On Assets value of 4.37%, ATEA perfoms like the industry average, outperforming 54.41% of the companies in the same industry.
Looking at the Return On Equity, with a value of 16.74%, ATEA is in the better half of the industry, outperforming 79.41% of the companies in the same industry.
ATEA has a Return On Invested Capital of 14.64%. This is amongst the best in the industry. ATEA outperforms 92.65% of its industry peers.
ATEA had an Average Return On Invested Capital over the past 3 years of 16.22%. This is significantly above the industry average of 10.89%.
| 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 63.24% 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 67.65% of its industry peers.
ATEA's Gross Margin has improved in the last couple of years.
| 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.
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 3.40 indicates that ATEA is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.40, ATEA is doing good in the industry, outperforming 72.06% 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.
ATEA has a Debt to FCF ratio of 1.40. This is in the better half of the industry: ATEA outperforms 76.47% 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 52.94% 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
A Current Ratio of 0.92 indicates that ATEA may have some problems paying its short term obligations.
With a Current ratio value of 0.92, ATEA is not doing good in the industry: 79.41% of the companies in the same industry are doing better.
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.
With a Quick ratio value of 0.81, ATEA is not doing good in the industry: 82.35% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
ATEA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.33%.
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 small growth in Revenue. The Revenue has grown by 5.69% in the last year.
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)-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
Based on estimates for the next years, ATEA will show a very strong growth in Earnings Per Share. The EPS will grow by 22.14% on average per year.
Based on estimates for the next years, ATEA will show a small growth in Revenue. The Revenue will grow by 6.07% on average per year.
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
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
With a Price/Earnings ratio of 22.21, ATEA is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of ATEA is on the same level as its industry peers.
ATEA is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.52, which is the current average of the S&P500 Index.
ATEA is valuated correctly with a Price/Forward Earnings ratio of 14.52.
Based on the Price/Forward Earnings ratio, ATEA is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ATEA to the average of the S&P500 Index (35.58), we can say ATEA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.21 | ||
| Fwd PE | 14.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ATEA is valued a bit more expensive than 60.29% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ATEA indicates a somewhat cheap valuation: ATEA is cheaper than 63.24% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.85 | ||
| EV/EBITDA | 9.55 |
4.3 Compensation for Growth
ATEA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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 22.14% in the coming years.
PEG (NY)0.83
PEG (5Y)2.58
EPS Next 2Y21.38%
EPS Next 3Y22.14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.49%, ATEA is a good candidate for dividend investing.
ATEA's Dividend Yield is rather good when compared to the industry average which is at 7.37. ATEA pays more dividend than 80.88% of the companies in the same industry.
ATEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
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 (7/14/2025, 7:00:00 PM)
154.8
-1.2 (-0.77%)
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 Cap17.40B
Analysts83.33
Price Target160.14 (3.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
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)0%
PT rev (3m)-1.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.53%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.21 | ||
| Fwd PE | 14.52 | ||
| P/S | 0.49 | ||
| P/FCF | 10.85 | ||
| P/OCF | 8.49 | ||
| P/B | 3.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.55 |
EPS(TTM)6.97
EY4.5%
EPS(NY)10.66
Fwd EY6.89%
FCF(TTM)14.26
FCFY9.21%
OCF(TTM)18.24
OCFY11.78%
SpS316.17
BVpS39.65
TBVpS-6.18
PEG (NY)0.83
PEG (5Y)2.58
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%