Techstep ASA Financials
| TECH Stock | NOK 12.05 0.10 0.82% |
Techstep |
Techstep ASA Stock Summary
Techstep ASA competes with Next Biometrics, Zalaris ASA, NRC Group, and Goodtech. Techstep ASA provides digital workplace services in Norway and Sweden. The company also provides industry-leading cloud-based PBX solutions and enterprise mobility management services, including mobile security, system design, implementation, and mobile device management services. TECHSTEP ASA operates under Internet And Networking Services classification in Norway and is traded on Oslo Stock Exchange. It employs 223 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0003095309 |
| Business Address | BrynsallEen 4, Oslo, |
| Sector | Technology |
| Industry | Software - Application |
| Benchmark | Dow Jones Industrial |
| Website | www.techstep.io |
| Phone | 47 91 52 33 37 |
| Currency | NOK - Kroner |
You should never invest in Techstep ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Techstep Stock, because this is throwing your money away. Analyzing the key information contained in Techstep ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Techstep ASA Key Financial Ratios
There are many critical financial ratios that Techstep ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Techstep ASA reports annually and quarterly.| Return On Equity | -0.12 | |||
| Return On Asset | -0.0187 | |||
| Target Price | 1.25 | |||
| Number Of Employees | 329 | |||
| Beta | 0.8 |
Techstep Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Techstep ASA's current stock value. Our valuation model uses many indicators to compare Techstep ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Techstep ASA competition to find correlations between indicators driving Techstep ASA's intrinsic value. More Info.Techstep ASA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Techstep ASA's earnings, one of the primary drivers of an investment's value.Techstep ASA Systematic Risk
Techstep ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Techstep ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Techstep ASA correlated with the market. If Beta is less than 0 Techstep ASA generally moves in the opposite direction as compared to the market. If Techstep ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Techstep ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Techstep ASA is generally in the same direction as the market. If Beta > 1 Techstep ASA moves generally in the same direction as, but more than the movement of the benchmark.
Techstep ASA Thematic Clasifications
Techstep ASA is part of IT investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains
This theme covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains. Get More Thematic Ideas
| IT | View |
Techstep ASA December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Techstep ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Techstep ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Techstep ASA based on widely used predictive technical indicators. In general, we focus on analyzing Techstep Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Techstep ASA's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.84 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 15.5 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 6.38 |
Other Information on Investing in Techstep Stock
Techstep ASA financial ratios help investors to determine whether Techstep Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Techstep with respect to the benefits of owning Techstep ASA security.