TECHSTEP ASA (TECH.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:TECH - NO0012916131 - Common Stock
12.2 NOK
0 (0%)
Overall TECH gets a fundamental rating of 2 out of 10. We evaluated TECH against 31 industry peers in the Technology Hardware, Storage & Peripherals industry. While TECH seems to be doing ok healthwise, there are quite some concerns on its profitability. TECH is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year TECH has reported negative net income.
- In the past year TECH had a positive cash flow from operations.
- TECH had negative earnings in each of the past 5 years.
- TECH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TECH's Return On Assets of -4.62% is on the low side compared to the rest of the industry. TECH is outperformed by 75.76% of its industry peers.
- TECH's Return On Equity of -9.67% is on the low side compared to the rest of the industry. TECH is outperformed by 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.62% | ||
| ROE | -9.67% | ||
| ROIC | N/A |
ROA(3y)-4.2%
ROA(5y)-4.5%
ROE(3y)-9.28%
ROE(5y)-10.16%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- TECH's Gross Margin of 43.61% is fine compared to the rest of the industry. TECH outperforms 72.73% of its industry peers.
- TECH's Gross Margin has improved in the last couple of years.
- TECH does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 43.61% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.76%
GM growth 5Y11.05%
2. Health
2.1 Basic Checks
- TECH does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, TECH has more shares outstanding
- TECH has less shares outstanding than it did 5 years ago.
- TECH has a better debt/assets ratio than last year.
2.2 Solvency
- TECH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.9%
2.3 Liquidity
- TECH has a Current Ratio of 0.38. This is a bad value and indicates that TECH is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.38, TECH is doing worse than 96.97% of the companies in the same industry.
- TECH has a Quick Ratio of 0.38. This is a bad value and indicates that TECH is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of TECH (0.37) is worse than 96.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.38 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
- TECH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.67%.
- TECH shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.86%.
- TECH shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.07% yearly.
EPS 1Y (TTM)-23.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-31.58%
Revenue 1Y (TTM)-19.86%
Revenue growth 3Y-6.33%
Revenue growth 5Y-1.07%
Sales Q2Q%-6.4%
3.2 Future
- TECH is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -94.20% yearly.
- Based on estimates for the next years, TECH will show a decrease in Revenue. The Revenue will decrease by -0.13% on average per year.
EPS Next Y28.57%
EPS Next 2Y-94.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.58%
Revenue Next 2Y-0.13%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- 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
- TECH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- With a Price/Forward Earnings ratio of 2541.67, TECH can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TECH indicates a slightly more expensive valuation: TECH is more expensive than 66.67% of the companies listed in the same industry.
- TECH's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 2541.67 |
4.2 Price Multiples
- 90.91% of the companies in the same industry are more expensive than TECH, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.89 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TECH does not grow enough to justify the current Price/Earnings ratio.
- TECH's earnings are expected to decrease with -94.20% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-94.2%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- No dividends for TECH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TECHSTEP ASA / TECH.OL FAQ
Can you provide the ChartMill fundamental rating for TECHSTEP ASA?
ChartMill assigns a fundamental rating of 2 / 10 to TECH.OL.
What is the valuation status of TECHSTEP ASA (TECH.OL) stock?
ChartMill assigns a valuation rating of 1 / 10 to TECHSTEP ASA (TECH.OL). This can be considered as Overvalued.
How profitable is TECHSTEP ASA (TECH.OL) stock?
TECHSTEP ASA (TECH.OL) has a profitability rating of 2 / 10.
What is the financial health of TECHSTEP ASA (TECH.OL) stock?
The financial health rating of TECHSTEP ASA (TECH.OL) is 4 / 10.