WEBSTEP ASA (WSTEP.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:WSTEP - NO0010609662 - Common Stock
18.5 NOK
+0.1 (+0.54%)
Overall WSTEP gets a fundamental rating of 6 out of 10. We evaluated WSTEP against 68 industry peers in the IT Services industry. WSTEP has an excellent profitability rating, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on WSTEP. With these ratings, WSTEP could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
WSTEP had positive earnings in the past year.
In the past year WSTEP had a positive cash flow from operations.
In the past 5 years WSTEP has always been profitable.
Each year in the past 5 years WSTEP had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 8.54%, WSTEP belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
WSTEP has a Return On Equity of 15.80%. This is in the better half of the industry: WSTEP outperforms 76.47% of its industry peers.
The Return On Invested Capital of WSTEP (10.28%) is better than 67.65% of its industry peers.
WSTEP had an Average Return On Invested Capital over the past 3 years of 7.26%. This is below the industry average of 11.04%.
The last Return On Invested Capital (10.28%) for WSTEP is above the 3 year average (7.26%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.54% | ||
| ROE | 15.8% | ||
| ROIC | 10.28% |
ROA(3y)4.7%
ROA(5y)5.56%
ROE(3y)8.36%
ROE(5y)9.41%
ROIC(3y)7.26%
ROIC(5y)7.18%
1.3 Margins
Looking at the Profit Margin, with a value of 5.87%, WSTEP is in the better half of the industry, outperforming 66.18% of the companies in the same industry.
WSTEP's Profit Margin has been stable in the last couple of years.
The Operating Margin of WSTEP (7.85%) is comparable to the rest of the industry.
WSTEP's Operating Margin has been stable in the last couple of years.
WSTEP has a Gross Margin of 93.09%. This is amongst the best in the industry. WSTEP outperforms 89.71% of its industry peers.
In the last couple of years the Gross Margin of WSTEP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.85% | ||
| PM (TTM) | 5.87% | ||
| GM | 93.09% |
OM growth 3Y-3.54%
OM growth 5Y0.53%
PM growth 3Y-3.26%
PM growth 5Y0.73%
GM growth 3Y0.74%
GM growth 5Y1.28%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WSTEP is creating some value.
Compared to 1 year ago, WSTEP has less shares outstanding
Compared to 5 years ago, WSTEP has more shares outstanding
The debt/assets ratio for WSTEP has been reduced compared to a year ago.
2.2 Solvency
WSTEP has an Altman-Z score of 3.20. This indicates that WSTEP is financially healthy and has little risk of bankruptcy at the moment.
WSTEP's Altman-Z score of 3.20 is fine compared to the rest of the industry. WSTEP outperforms 64.71% of its industry peers.
WSTEP has a debt to FCF ratio of 0.96. This is a very positive value and a sign of high solvency as it would only need 0.96 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.96, WSTEP belongs to the best of the industry, outperforming 85.29% of the companies in the same industry.
A Debt/Equity ratio of 0.16 indicates that WSTEP is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.16, WSTEP is doing good in the industry, outperforming 73.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.96 | ||
| Altman-Z | 3.2 |
ROIC/WACC1.26
WACC8.13%
2.3 Liquidity
WSTEP has a Current Ratio of 0.94. This is a bad value and indicates that WSTEP is not financially healthy enough and could expect problems in meeting its short term obligations.
WSTEP has a worse Current ratio (0.94) than 70.59% of its industry peers.
WSTEP has a Quick Ratio of 0.94. This is a bad value and indicates that WSTEP is not financially healthy enough and could expect problems in meeting its short term obligations.
WSTEP's Quick ratio of 0.94 is on the low side compared to the rest of the industry. WSTEP is outperformed by 66.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.56% over the past year.
WSTEP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.69% yearly.
The Revenue has been growing slightly by 1.45% in the past year.
WSTEP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.76% yearly.
EPS 1Y (TTM)14.56%
EPS 3Y0.31%
EPS 5Y5.69%
EPS Q2Q%-50%
Revenue 1Y (TTM)1.45%
Revenue growth 3Y4.09%
Revenue growth 5Y5.76%
Sales Q2Q%-5.84%
3.2 Future
Based on estimates for the next years, WSTEP will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.88% on average per year.
Based on estimates for the next years, WSTEP will show a small growth in Revenue. The Revenue will grow by 2.23% on average per year.
EPS Next Y13.53%
EPS Next 2Y12.27%
EPS Next 3Y13.88%
EPS Next 5YN/A
Revenue Next Year-5.99%
Revenue Next 2Y-1.19%
Revenue Next 3Y2.23%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.22, the valuation of WSTEP can be described as very reasonable.
94.12% of the companies in the same industry are more expensive than WSTEP, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.51, WSTEP is valued rather cheaply.
The Price/Forward Earnings ratio is 8.11, which indicates a very decent valuation of WSTEP.
WSTEP's Price/Forward Earnings ratio is rather cheap when compared to the industry. WSTEP is cheaper than 92.65% of the companies in the same industry.
WSTEP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.22 | ||
| Fwd PE | 8.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WSTEP is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
77.94% of the companies in the same industry are more expensive than WSTEP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.94 | ||
| EV/EBITDA | 6.2 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WSTEP has a very decent profitability rating, which may justify a higher PE ratio.
WSTEP's earnings are expected to grow with 13.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.76
PEG (5Y)1.8
EPS Next 2Y12.27%
EPS Next 3Y13.88%
5. Dividend
5.1 Amount
WSTEP has a Yearly Dividend Yield of 11.50%, which is a nice return.
Compared to an average industry Dividend Yield of 2.41, WSTEP pays a better dividend. On top of this WSTEP pays more dividend than 98.53% of the companies listed in the same industry.
WSTEP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.5% |
5.2 History
The dividend of WSTEP decreases each year by -8.63%.
Dividend Growth(5Y)-8.63%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
122.52% of the earnings are spent on dividend by WSTEP. This is not a sustainable payout ratio.
DP122.52%
EPS Next 2Y12.27%
EPS Next 3Y13.88%
OSL:WSTEP (12/30/2025, 7:00:00 PM)
18.5
+0.1 (+0.54%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners28.4%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap521.51M
Revenue(TTM)874.13M
Net Income(TTM)50.87M
Analysts84
Price Target30.6 (65.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.5% |
Yearly Dividend1.02
Dividend Growth(5Y)-8.63%
DP122.52%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.02%
Min EPS beat(2)-18.45%
Max EPS beat(2)4.41%
EPS beat(4)1
Avg EPS beat(4)-5.86%
Min EPS beat(4)-18.45%
Max EPS beat(4)4.41%
EPS beat(8)2
Avg EPS beat(8)-18.16%
EPS beat(12)2
Avg EPS beat(12)-25.95%
EPS beat(16)5
Avg EPS beat(16)-21.87%
Revenue beat(2)0
Avg Revenue beat(2)-6.81%
Min Revenue beat(2)-9.23%
Max Revenue beat(2)-4.38%
Revenue beat(4)0
Avg Revenue beat(4)-6.25%
Min Revenue beat(4)-9.23%
Max Revenue beat(4)-4.38%
Revenue beat(8)0
Avg Revenue beat(8)-5.79%
Revenue beat(12)0
Avg Revenue beat(12)-4.48%
Revenue beat(16)1
Avg Revenue beat(16)-4.01%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-2.21%
EPS NY rev (3m)-2.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.67%
Revenue NY rev (3m)-1.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.22 | ||
| Fwd PE | 8.11 | ||
| P/S | 0.6 | ||
| P/FCF | 7.94 | ||
| P/OCF | 7.56 | ||
| P/B | 1.62 | ||
| P/tB | 62.76 | ||
| EV/EBITDA | 6.2 |
EPS(TTM)1.81
EY9.78%
EPS(NY)2.28
Fwd EY12.33%
FCF(TTM)2.33
FCFY12.59%
OCF(TTM)2.45
OCFY13.23%
SpS30.73
BVpS11.42
TBVpS0.29
PEG (NY)0.76
PEG (5Y)1.8
Graham Number21.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.54% | ||
| ROE | 15.8% | ||
| ROCE | 18.23% | ||
| ROIC | 10.28% | ||
| ROICexc | 12.03% | ||
| ROICexgc | 760.8% | ||
| OM | 7.85% | ||
| PM (TTM) | 5.87% | ||
| GM | 93.09% | ||
| FCFM | 7.58% |
ROA(3y)4.7%
ROA(5y)5.56%
ROE(3y)8.36%
ROE(5y)9.41%
ROIC(3y)7.26%
ROIC(5y)7.18%
ROICexc(3y)8.81%
ROICexc(5y)8.53%
ROICexgc(3y)457.53%
ROICexgc(5y)353.79%
ROCE(3y)12.88%
ROCE(5y)13.16%
ROICexgc growth 3Y20.13%
ROICexgc growth 5Y43.18%
ROICexc growth 3Y7.75%
ROICexc growth 5Y12.22%
OM growth 3Y-3.54%
OM growth 5Y0.53%
PM growth 3Y-3.26%
PM growth 5Y0.73%
GM growth 3Y0.74%
GM growth 5Y1.28%
F-Score7
Asset Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.96 | ||
| Debt/EBITDA | 0.6 | ||
| Cap/Depr | 19.03% | ||
| Cap/Sales | 0.38% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.74% | ||
| Profit Quality | 129.12% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 3.2 |
F-Score7
WACC8.13%
ROIC/WACC1.26
Cap/Depr(3y)26.24%
Cap/Depr(5y)31.6%
Cap/Sales(3y)0.75%
Cap/Sales(5y)0.77%
Profit Quality(3y)613.2%
Profit Quality(5y)419.59%
High Growth Momentum
Growth
EPS 1Y (TTM)14.56%
EPS 3Y0.31%
EPS 5Y5.69%
EPS Q2Q%-50%
EPS Next Y13.53%
EPS Next 2Y12.27%
EPS Next 3Y13.88%
EPS Next 5YN/A
Revenue 1Y (TTM)1.45%
Revenue growth 3Y4.09%
Revenue growth 5Y5.76%
Sales Q2Q%-5.84%
Revenue Next Year-5.99%
Revenue Next 2Y-1.19%
Revenue Next 3Y2.23%
Revenue Next 5YN/A
EBIT growth 1Y81.54%
EBIT growth 3Y0.4%
EBIT growth 5Y6.32%
EBIT Next Year27.41%
EBIT Next 3Y16.23%
EBIT Next 5YN/A
FCF growth 1Y12.6%
FCF growth 3Y-19.48%
FCF growth 5Y-8.42%
OCF growth 1Y4.62%
OCF growth 3Y-19.87%
OCF growth 5Y-7.57%
WEBSTEP ASA / WSTEP.OL FAQ
What is the fundamental rating for WSTEP stock?
ChartMill assigns a fundamental rating of 6 / 10 to WSTEP.OL.
Can you provide the valuation status for WEBSTEP ASA?
ChartMill assigns a valuation rating of 8 / 10 to WEBSTEP ASA (WSTEP.OL). This can be considered as Undervalued.
What is the profitability of WSTEP stock?
WEBSTEP ASA (WSTEP.OL) has a profitability rating of 7 / 10.
What are the PE and PB ratios of WEBSTEP ASA (WSTEP.OL) stock?
The Price/Earnings (PE) ratio for WEBSTEP ASA (WSTEP.OL) is 10.22 and the Price/Book (PB) ratio is 1.62.
How financially healthy is WEBSTEP ASA?
The financial health rating of WEBSTEP ASA (WSTEP.OL) is 5 / 10.