WEBSTEP ASA (WSTEP.OL) Stock Fundamental Analysis
OSL:WSTEP - NO0010609662 - Common Stock
22.6 NOK
0 (0%)
Taking everything into account, WSTEP scores 6 out of 10 in our fundamental rating. WSTEP was compared to 71 industry peers in the IT Services industry. While WSTEP has a great profitability rating, there are some minor concerns on its financial health. WSTEP scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, WSTEP could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year WSTEP was profitable.
In the past year WSTEP had a positive cash flow from operations.
Each year in the past 5 years WSTEP has been profitable.
Each year in the past 5 years WSTEP had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.79%, WSTEP belongs to the top of the industry, outperforming 91.55% of the companies in the same industry.
WSTEP's Return On Equity of 17.90% is fine compared to the rest of the industry. WSTEP outperforms 77.46% of its industry peers.
With an excellent Return On Invested Capital value of 12.05%, WSTEP belongs to the best of the industry, outperforming 81.69% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WSTEP is below the industry average of 11.13%.
The last Return On Invested Capital (12.05%) for WSTEP is above the 3 year average (7.26%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.79% | ||
| ROE | 17.9% | ||
| ROIC | 12.05% |
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
WSTEP's Profit Margin of 5.93% is fine compared to the rest of the industry. WSTEP outperforms 66.20% of its industry peers.
In the last couple of years the Profit Margin of WSTEP has remained more or less at the same level.
WSTEP has a Operating Margin (8.05%) which is in line with its industry peers.
WSTEP's Operating Margin has been stable in the last couple of years.
WSTEP has a Gross Margin of 93.11%. This is amongst the best in the industry. WSTEP outperforms 91.55% 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 | 8.05% | ||
| PM (TTM) | 5.93% | ||
| GM | 93.11% |
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) below the Cost of Capital (WACC), WSTEP is destroying value.
Compared to 1 year ago, WSTEP has less shares outstanding
WSTEP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, WSTEP has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.72 indicates that WSTEP is not in any danger for bankruptcy at the moment.
WSTEP's Altman-Z score of 3.72 is fine compared to the rest of the industry. WSTEP outperforms 78.87% of its industry peers.
The Debt to FCF ratio of WSTEP is 0.40, which is an excellent value as it means it would take WSTEP, only 0.40 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.40, WSTEP belongs to the top of the industry, outperforming 92.96% of the companies in the same industry.
WSTEP has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of WSTEP (0.14) is better than 78.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.4 | ||
| Altman-Z | 3.72 |
ROIC/WACC0.84
WACC14.33%
2.3 Liquidity
WSTEP has a Current Ratio of 1.13. This is a normal value and indicates that WSTEP is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of WSTEP (1.13) is worse than 61.97% of its industry peers.
WSTEP has a Quick Ratio of 1.13. This is a normal value and indicates that WSTEP is financially healthy and should not expect problems in meeting its short term obligations.
WSTEP's Quick ratio of 1.13 is in line compared to the rest of the industry. WSTEP outperforms 45.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 45.86% over the past year.
Measured over the past 5 years, WSTEP shows a small growth in Earnings Per Share. The EPS has been growing by 5.69% on average per year.
WSTEP shows a small growth in Revenue. In the last year, the Revenue has grown by 1.45%.
Measured over the past years, WSTEP shows a small growth in Revenue. The Revenue has been growing by 5.76% on average per year.
EPS 1Y (TTM)45.86%
EPS 3Y0.31%
EPS 5Y5.69%
EPS Q2Q%14%
Revenue 1Y (TTM)1.45%
Revenue growth 3Y4.09%
Revenue growth 5Y5.76%
Sales Q2Q%-6.31%
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 15.39% on average per year.
WSTEP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.47% yearly.
EPS Next Y16.09%
EPS Next 2Y15.15%
EPS Next 3Y15.39%
EPS Next 5YN/A
Revenue Next Year-4.39%
Revenue Next 2Y0.82%
Revenue Next 3Y3.47%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 11.65, the valuation of WSTEP can be described as reasonable.
Based on the Price/Earnings ratio, WSTEP is valued cheaper than 83.10% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.02, WSTEP is valued rather cheaply.
A Price/Forward Earnings ratio of 9.42 indicates a reasonable valuation of WSTEP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WSTEP indicates a rather cheap valuation: WSTEP is cheaper than 84.51% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.66, WSTEP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.65 | ||
| Fwd PE | 9.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WSTEP indicates a somewhat cheap valuation: WSTEP is cheaper than 74.65% of the companies listed in the same industry.
WSTEP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WSTEP is cheaper than 90.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.18 | ||
| EV/EBITDA | 5.5 |
4.3 Compensation for Growth
WSTEP's 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.
A more expensive valuation may be justified as WSTEP's earnings are expected to grow with 15.39% in the coming years.
PEG (NY)0.72
PEG (5Y)2.05
EPS Next 2Y15.15%
EPS Next 3Y15.39%
5. Dividend
5.1 Amount
WSTEP has a Yearly Dividend Yield of 10.09%, which is a nice return.
WSTEP's Dividend Yield is rather good when compared to the industry average which is at 7.54. WSTEP pays more dividend than 97.18% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, WSTEP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.09% |
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
WSTEP pays out 42.17% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP42.17%
EPS Next 2Y15.15%
EPS Next 3Y15.39%
OSL:WSTEP (9/8/2025, 7:00:00 PM)
22.6
0 (0%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners24.11%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap637.09M
Analysts84
Price Target30.6 (35.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.09% |
Yearly Dividend1.02
Dividend Growth(5Y)-8.63%
DP42.17%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.68%
Min EPS beat(2)-18.45%
Max EPS beat(2)-2.91%
EPS beat(4)0
Avg EPS beat(4)-11.4%
Min EPS beat(4)-18.45%
Max EPS beat(4)-2.91%
EPS beat(8)1
Avg EPS beat(8)-22.14%
EPS beat(12)1
Avg EPS beat(12)-30.87%
EPS beat(16)4
Avg EPS beat(16)-23.95%
Revenue beat(2)0
Avg Revenue beat(2)-4.79%
Min Revenue beat(2)-5.2%
Max Revenue beat(2)-4.38%
Revenue beat(4)0
Avg Revenue beat(4)-6.75%
Min Revenue beat(4)-11.23%
Max Revenue beat(4)-4.38%
Revenue beat(8)0
Avg Revenue beat(8)-4.85%
Revenue beat(12)0
Avg Revenue beat(12)-4.45%
Revenue beat(16)2
Avg Revenue beat(16)-3.16%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.02%
EPS NY rev (1m)-7.06%
EPS NY rev (3m)-7.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.54%
Revenue NY rev (1m)-2.95%
Revenue NY rev (3m)-4.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.65 | ||
| Fwd PE | 9.42 | ||
| P/S | 0.57 | ||
| P/FCF | 4.18 | ||
| P/OCF | 4.08 | ||
| P/B | 1.73 | ||
| P/tB | 11.68 | ||
| EV/EBITDA | 5.5 |
EPS(TTM)1.94
EY8.58%
EPS(NY)2.4
Fwd EY10.62%
FCF(TTM)5.41
FCFY23.94%
OCF(TTM)5.54
OCFY24.49%
SpS39.39
BVpS13.06
TBVpS1.93
PEG (NY)0.72
PEG (5Y)2.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.79% | ||
| ROE | 17.9% | ||
| ROCE | 21.37% | ||
| ROIC | 12.05% | ||
| ROICexc | 15.91% | ||
| ROICexgc | 1579.88% | ||
| OM | 8.05% | ||
| PM (TTM) | 5.93% | ||
| GM | 93.11% | ||
| FCFM | 13.73% |
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%
ROICexcg growth 3Y20.13%
ROICexcg 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-Score9
Asset Turnover1.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.4 | ||
| Debt/EBITDA | 0.46 | ||
| Cap/Depr | 18.57% | ||
| Cap/Sales | 0.32% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 143.93% | ||
| Profit Quality | 231.42% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z | 3.72 |
F-Score9
WACC14.33%
ROIC/WACC0.84
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)45.86%
EPS 3Y0.31%
EPS 5Y5.69%
EPS Q2Q%14%
EPS Next Y16.09%
EPS Next 2Y15.15%
EPS Next 3Y15.39%
EPS Next 5YN/A
Revenue 1Y (TTM)1.45%
Revenue growth 3Y4.09%
Revenue growth 5Y5.76%
Sales Q2Q%-6.31%
Revenue Next Year-4.39%
Revenue Next 2Y0.82%
Revenue Next 3Y3.47%
Revenue Next 5YN/A
EBIT growth 1Y508.56%
EBIT growth 3Y0.4%
EBIT growth 5Y6.32%
EBIT Next Year40%
EBIT Next 3Y19.26%
EBIT Next 5YN/A
FCF growth 1Y158.49%
FCF growth 3Y-19.48%
FCF growth 5Y-8.42%
OCF growth 1Y128.27%
OCF growth 3Y-19.87%
OCF growth 5Y-7.57%