TECHSTEP ASA (TECH.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:TECH - NO0012916131 - Common Stock
11.7 NOK
-0.45 (-3.7%)
TECH gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 33 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the profitability and financial health of TECH have multiple concerns. TECH has a expensive valuation and it also scores bad on growth.
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.
Each year in the past 5 years TECH had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -4.38%, TECH is doing worse than 69.70% of the companies in the same industry.
The Return On Equity of TECH (-9.08%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.38% | ||
| ROE | -9.08% | ||
| 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
With a decent Gross Margin value of 43.04%, TECH is doing good in the industry, outperforming 75.76% of the companies in the same industry.
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 | 43.04% |
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
The number of shares outstanding for TECH has been reduced compared to 5 years ago.
TECH has a better debt/assets ratio than last year.
2.2 Solvency
TECH has a debt to FCF ratio of 31.29. This is a negative value and a sign of low solvency as TECH would need 31.29 years to pay back of all of its debts.
With a Debt to FCF ratio value of 31.29, TECH is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
TECH has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
TECH's Debt to Equity ratio of 0.19 is fine compared to the rest of the industry. TECH outperforms 78.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 31.29 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.46%
2.3 Liquidity
A Current Ratio of 0.46 indicates that TECH may have some problems paying its short term obligations.
TECH's Current ratio of 0.46 is on the low side compared to the rest of the industry. TECH is outperformed by 93.94% of its industry peers.
TECH has a Quick Ratio of 0.46. 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's Quick ratio of 0.46 is on the low side compared to the rest of the industry. TECH is outperformed by 93.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.46 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.02% over the past year.
Looking at the last year, TECH shows a very negative growth in Revenue. The Revenue has decreased by -18.57% in the last year.
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)7.02%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%49.04%
Revenue 1Y (TTM)-18.57%
Revenue growth 3Y-6.33%
Revenue growth 5Y-1.07%
Sales Q2Q%-52.68%
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
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
The Price/Earnings Ratio is negative for TECH. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 2437.50, TECH can be considered very expensive at the moment.
TECH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. TECH is more expensive than 69.70% of the companies 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 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 2437.5 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TECH is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
TECH's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. TECH is more expensive than 60.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 88.81 | ||
| EV/EBITDA | 3.53 |
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
5. Dividend
5.1 Amount
No dividends for TECH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:TECH (12/5/2025, 4:10:23 PM)
11.7
-0.45 (-3.7%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners14.98%
Inst Owner ChangeN/A
Ins Owners2.21%
Ins Owner ChangeN/A
Market Cap402.60M
Revenue(TTM)1.05B
Net Income(TTM)-49.80M
Analysts82.86
Price Target27.54 (135.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 2437.5 | ||
| P/S | 0.38 | ||
| P/FCF | 88.81 | ||
| P/OCF | 2.3 | ||
| P/B | 0.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.53 |
EPS(TTM)-1.47
EYN/A
EPS(NY)0
Fwd EY0.04%
FCF(TTM)0.13
FCFY1.13%
OCF(TTM)5.09
OCFY43.48%
SpS30.4
BVpS15.93
TBVpS-5.77
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.38% | ||
| ROE | -9.08% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 43.04% | ||
| FCFM | 0.43% |
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-Score5
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 31.29 | ||
| Debt/EBITDA | 0.7 | ||
| Cap/Depr | 92.83% | ||
| Cap/Sales | 16.3% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 114.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.46 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | N/A |
F-Score5
WACC8.46%
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)7.02%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%49.04%
EPS Next Y28.57%
EPS Next 2Y-94.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-18.57%
Revenue growth 3Y-6.33%
Revenue growth 5Y-1.07%
Sales Q2Q%-52.68%
Revenue Next Year4.58%
Revenue Next 2Y-0.13%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y47.3%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year875%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y125.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y17.57%
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 for TECH 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.
How financially healthy is TECHSTEP ASA?
The financial health rating of TECHSTEP ASA (TECH.OL) is 2 / 10.
What is the expected EPS growth for TECHSTEP ASA (TECH.OL) stock?
The Earnings per Share (EPS) of TECHSTEP ASA (TECH.OL) is expected to grow by 28.57% in the next year.