Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Goodtech ASA is a technology and engineering company specializing in control systems, digitization, and production solutions for industrial clients across Norway, Sweden, Finland, Europe, and internationally. Founded in 1913 and headquartered in Oslo, Norway, it delivers in-house developed and partner-driven technologies, including energy storage and management, digital transformation tools, wind power control systems, asset monitoring, manufacturing execution systems, business intelligence, cybersecurity management, food production lines, and data hubs for IT/OT architecture. The company also provides robotic systems under the Portabulk brand for bulk material handling and logistics, alongside power and electrical automation, system integration for industries and power distributors, and construction or rehabilitation of transformer stations. Operating in the industrials sector with a focus on engineering and construction, Goodtech ASA supports sustainable industrial solutions and real-time data-driven decision-making, employing around 300 professionals to drive innovation in automation, power technology, and environmental solutions.
€1.16
+€0.04 (+4.05%)
EOD Jul 2, 2026
Operating margin is thin at 6.03%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 1.1%, essentially flat. This is a business that needs a catalyst.
Even for strong businesses, today's 12x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
11.8x earnings, 6.1x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 699M
▲ +1.1% YoY
Net Income (TTM)
NOK 32M
▲ +174.7% YoY
Op. Margin
6.98%
▲ +3.6pp YoY
ROIC
11.66%
▲ +7.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 64M
▲ +549.1% YoY
Op. Cash Flow (TTM)
NOK 69M
▲ +5635.7% YoY
Net Debt
-NOK 64M
Net Cash Position
Cash & Equiv.
NOK 127M
3Y CAGR: +12.5%
3Y CAGR: +83.2%
Continue Research
At a P/E of 11.8 and a price-to-free-cash-flow of 6.1, Goodtech ASA (GOD.XOSL) trades below a two-stage DCF intrinsic value of about NOK 110.17 per share, so at NOK 1.16 the stock looks undervalued (9,438.3% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Goodtech ASA scores 81/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about NOK 110.17 per share for GOD.XOSL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around NOK 82.63. At today's NOK 1.16, that puts the stock about 9,438.3% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Goodtech ASA scores 81 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 7.0% operating margin and a 11.7% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. GOD.XOSL currently trades below its estimated intrinsic value and scores 81/100 on quality (high-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.