TECHSTEP ASA (TECH.OL) Stock Fundamental Analysis

OSL:TECH • NO0012916131

10.9 NOK
-0.5 (-4.39%)
Last: Feb 24, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to TECH. TECH was compared to 30 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 does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • TECH had negative earnings in the past year.
  • In the past year TECH had a positive cash flow from operations.
  • TECH had negative earnings in each of the past 5 years.
  • In the past 5 years TECH always reported a positive cash flow from operatings.
TECH.OL Yearly Net Income VS EBIT VS OCF VS FCFTECH.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 50M -50M 100M -100M 150M

1.2 Ratios

  • The Return On Assets of TECH (-4.62%) is worse than 76.67% of its industry peers.
  • TECH has a Return On Equity of -9.67%. This is in the lower half of the industry: TECH underperforms 66.67% of its industry peers.
Industry RankSector 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
TECH.OL Yearly ROA, ROE, ROICTECH.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5 -10 -15

1.3 Margins

  • TECH has a better Gross Margin (43.61%) than 66.67% of its industry peers.
  • TECH's Gross Margin has improved in the last couple of years.
  • The Profit Margin and Operating Margin are not available for TECH so they could not be analyzed.
Industry RankSector 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%
TECH.OL Yearly Profit, Operating, Gross MarginsTECH.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • TECH does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for TECH has been increased compared to 1 year ago.
  • The number of shares outstanding for TECH has been reduced compared to 5 years ago.
  • The debt/assets ratio for TECH has been reduced compared to a year ago.
TECH.OL Yearly Shares OutstandingTECH.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
TECH.OL Yearly Total Debt VS Total AssetsTECH.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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 RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC9.28%
TECH.OL Yearly LT Debt VS Equity VS FCFTECH.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

  • A Current Ratio of 0.38 indicates that TECH may have some problems paying its short term obligations.
  • TECH's Current ratio of 0.38 is on the low side compared to the rest of the industry. TECH is outperformed by 96.67% of its industry peers.
  • 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.
  • TECH has a worse Quick ratio (0.37) than 96.67% of its industry peers.
Industry RankSector Rank
Current Ratio 0.38
Quick Ratio 0.37
TECH.OL Yearly Current Assets VS Current LiabilitesTECH.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

More info and screens

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

1

3. Growth

3.1 Past

  • The earnings per share for TECH have decreased strongly by -23.67% in the last year.
  • The Revenue for TECH has decreased by -19.86% in the past year. This is quite bad
  • Measured over the past years, TECH shows a decrease in Revenue. The Revenue has been decreasing by -1.07% on average per year.
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

  • The Earnings Per Share is expected to decrease by -94.20% on average over the next years. This is quite bad
  • The Revenue is expected to decrease by -0.13% on average over the next years.
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.
TECH.OL Yearly Revenue VS EstimatesTECH.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B
TECH.OL Yearly EPS VS EstimatesTECH.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 0 1 -1 -2

More info and screens

Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for TECH. In the last year negative earnings were reported.
  • The Price/Forward Earnings ratio is 2270.83, which means the current valuation is very expensive for TECH.
  • Based on the Price/Forward Earnings ratio, TECH is valued a bit more expensive than 70.00% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of TECH to the average of the S&P500 Index (28.01), we can say TECH is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 2270.83
TECH.OL Price Earnings VS Forward Price EarningsTECH.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 500 1K 1.5K 2K

4.2 Price Multiples

  • TECH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TECH is cheaper than 96.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 3.6
TECH.OL Per share dataTECH.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

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.
  • A cheap valuation may be justified as TECH's earnings are expected to decrease with -94.20% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-94.2%
EPS Next 3YN/A

More info and screens

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

0

5. Dividend

5.1 Amount

  • TECH does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

TECHSTEP ASA

OSL:TECH (2/24/2026, 7:00:00 PM)

10.9

-0.5 (-4.39%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)02-13
Earnings (Next)05-14
Inst Owners15.49%
Inst Owner ChangeN/A
Ins Owners3.41%
Ins Owner ChangeN/A
Market Cap375.07M
Revenue(TTM)1.03B
Net Income(TTM)-52.16M
Analysts82.86
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 2270.83
P/S 0.36
P/FCF N/A
P/OCF 2.91
P/B 0.7
P/tB N/A
EV/EBITDA 3.6
EPS(TTM)-1.53
EYN/A
EPS(NY)0
Fwd EY0.04%
FCF(TTM)-1.07
FCFYN/A
OCF(TTM)3.74
OCFY34.31%
SpS29.96
BVpS15.67
TBVpS-5.71
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -4.62%
ROE -9.67%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 43.61%
FCFM 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
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.76%
GM growth 5Y11.05%
F-Score4
Asset Turnover0.91
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA 0
Cap/Depr 89.77%
Cap/Sales 16.04%
Interest Coverage N/A
Cash Conversion 85.17%
Profit Quality N/A
Current Ratio 0.38
Quick Ratio 0.37
Altman-Z N/A
F-Score4
WACC9.28%
ROIC/WACCN/A
Cap/Depr(3y)93.78%
Cap/Depr(5y)102.19%
Cap/Sales(3y)14.22%
Cap/Sales(5y)13.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-31.58%
EPS Next Y28.57%
EPS Next 2Y-94.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-19.86%
Revenue growth 3Y-6.33%
Revenue growth 5Y-1.07%
Sales Q2Q%-6.4%
Revenue Next Year4.58%
Revenue Next 2Y-0.13%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y22.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year875%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-350.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-12.08%
OCF growth 3Y1.92%
OCF growth 5Y21.72%

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.