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

Europe • Euronext Oslo • 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

We assign a fundamental rating of 5 out of 10 to CRAYN. CRAYN was compared to 122 industry peers in the Software industry. CRAYN scores excellent on profitability, but there are concerns on its financial health. CRAYN scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • CRAYN had positive earnings in the past year.
  • In the past year CRAYN had a positive cash flow from operations.
  • 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.
  • CRAYN has a better Return On Equity (10.80%) than 66.35% of its industry peers.
  • CRAYN has a Return On Invested Capital of 11.88%. This is amongst the best in the industry. CRAYN outperforms 84.62% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CRAYN is significantly below the industry average of 13.45%.
  • The 3 year average ROIC (8.15%) for CRAYN is below the current ROIC(11.88%), indicating increased profibility in the last year.
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

  • With a Profit Margin value of 4.12%, CRAYN perfoms like the industry average, outperforming 55.77% of the companies in the same industry.
  • CRAYN's Profit Margin has declined in the last couple of years.
  • CRAYN's Operating Margin of 11.00% is fine compared to the rest of the industry. CRAYN outperforms 66.35% of its industry peers.
  • CRAYN's Operating Margin has improved in the last couple of years.
  • CRAYN has a Gross Margin of 89.27%. This is amongst the best in the industry. CRAYN outperforms 88.46% of its industry peers.
  • 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

More info and screens

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.
  • CRAYN has more shares outstanding than it did 1 year ago.
  • 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.
  • With a Altman-Z score value of 1.02, CRAYN is not doing good in the industry: 70.19% of the companies in the same industry are doing better.
  • The Debt to FCF ratio of CRAYN is 1.61, which is an excellent value as it means it would take CRAYN, only 1.61 years of fcf income to pay off all of its debts.
  • CRAYN's Debt to FCF ratio of 1.61 is fine compared to the rest of the industry. CRAYN outperforms 75.96% of its industry peers.
  • CRAYN has a Debt/Equity ratio of 0.58. This is a neutral value indicating CRAYN is somewhat dependend on debt financing.
  • CRAYN has a worse Debt to Equity ratio (0.58) than 62.50% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for CRAYN, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
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

  • CRAYN has a Current Ratio of 0.98. This is a bad value and indicates that CRAYN is not financially healthy enough and could expect problems in meeting its short term obligations.
  • CRAYN has a Current ratio of 0.98. This is in the lower half of the industry: CRAYN underperforms 67.31% of its industry peers.
  • CRAYN has a Quick Ratio of 0.98. This is a bad value and indicates that CRAYN is not financially healthy enough and could expect problems in meeting its short term obligations.
  • CRAYN's Quick ratio of 0.98 is on the low side compared to the rest of the industry. CRAYN is outperformed by 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

More info and screens

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.
  • The Earnings Per Share has been growing by 8.95% on average over the past years. This is quite good.
  • CRAYN shows a small growth in Revenue. In the last year, the Revenue has grown by 7.67%.
  • The Revenue for CRAYN have been decreasing by -12.43% on average. This is quite bad
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

  • CRAYN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 48.55% yearly.
  • The Revenue is expected to decrease by -1.25% on average over the next years.
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

  • 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.
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

More info and screens

Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • CRAYN is valuated quite expensively with a Price/Earnings ratio of 35.29.
  • CRAYN's Price/Earnings ratio is a bit cheaper when compared to the industry. CRAYN is cheaper than 74.04% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 28.03. CRAYN is valued slightly more expensive when compared to this.
  • The Price/Forward Earnings ratio is 13.49, which indicates a correct valuation of CRAYN.
  • CRAYN's Price/Forward Earnings ratio is rather cheap when compared to the industry. CRAYN is cheaper than 86.54% of the companies in the same industry.
  • CRAYN is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.97, which is the current average of the S&P500 Index.
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.
  • 91.35% of the companies in the same industry are more expensive than CRAYN, based on the Price/Free Cash Flow ratio.
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

  • CRAYN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • CRAYN has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as CRAYN's earnings are expected to grow with 48.55% in the coming years.
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%.