TECHSTEP ASA (TECH.OL) Stock Fundamental Analysis
OSL:TECH - Euronext Oslo - NO0012916131 - Common Stock - Currency: NOK
TECH gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 31 industry peers in the Technology Hardware, Storage & Peripherals industry. TECH has a bad profitability rating. Also its financial health evaluation is rather negative. TECH is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TECH had negative earnings in the past year.
TECH had a positive operating cash flow in the past year.
In the past 5 years TECH always reported negative net income.
TECH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TECH's Return On Assets of -5.51% is on the low side compared to the rest of the industry. TECH is outperformed by 70.97% of its industry peers.
Looking at the Return On Equity, with a value of -11.13%, TECH is in line with its industry, outperforming 41.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.51% | ||
| ROE | -11.13% | ||
| 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 has a better Gross Margin (42.25%) than 70.97% of its industry peers.
In the last couple of years the Gross Margin of TECH has grown nicely.
The Profit Margin and Operating Margin are not available for TECH so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 42.25% |
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.
TECH has more shares outstanding than it did 1 year ago.
TECH has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TECH has been reduced compared to a year ago.
2.2 Solvency
TECH has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
TECH has a Debt to Equity ratio of 0.20. This is amongst the best in the industry. TECH outperforms 80.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.35%
2.3 Liquidity
TECH has a Current Ratio of 0.42. 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 Current ratio (0.42) than 93.55% of its industry peers.
A Quick Ratio of 0.41 indicates that TECH may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.41, TECH is doing worse than 93.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.42 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
TECH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.94%.
TECH shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.38%.
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)-45.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-20%
Revenue 1Y (TTM)25.38%
Revenue growth 3Y-6.33%
Revenue growth 5Y-1.07%
Sales Q2Q%-2.88%
3.2 Future
The Earnings Per Share is expected to decrease by -94.20% on average over the next years. This is quite bad
TECH is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.13% yearly.
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
The Price/Earnings Ratio is negative for TECH. In the last year negative earnings were reported.
TECH is valuated quite expensively with a Price/Forward Earnings ratio of 2625.00.
TECH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. TECH is more expensive than 70.97% 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 36.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 2625 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TECH indicates a rather cheap valuation: TECH is cheaper than 87.10% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.41 |
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 | N/A |
OSL:TECH (8/5/2025, 4:10:18 PM)
12.6
-0.4 (-3.08%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners16.77%
Inst Owner ChangeN/A
Ins Owners2.21%
Ins Owner ChangeN/A
Market Cap433.57M
Analysts82.86
Price Target27.54 (118.57%)
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 | 2625 | ||
| P/S | 0.33 | ||
| P/FCF | N/A | ||
| P/OCF | 2.85 | ||
| P/B | 0.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.41 |
EPS(TTM)-1.89
EYN/A
EPS(NY)0
Fwd EY0.04%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)4.42
OCFY35.1%
SpS38.4
BVpS16.22
TBVpS-5.66
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.51% | ||
| ROE | -11.13% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 42.25% | ||
| 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
ROICexcg growth 3YN/A
ROICexcg 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 Turnover1.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.83 | ||
| Cap/Depr | 87.33% | ||
| Cap/Sales | 12.06% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 114.01% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.42 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z | N/A |
F-Score5
WACC8.35%
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)-45.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-20%
EPS Next Y28.57%
EPS Next 2Y-94.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)25.38%
Revenue growth 3Y-6.33%
Revenue growth 5Y-1.07%
Sales Q2Q%-2.88%
Revenue Next Year4.58%
Revenue Next 2Y-0.13%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-22.42%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year875%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y81.82%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y19.82%
OCF growth 3Y1.92%
OCF growth 5Y21.72%