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.
Techstep ASA is a Norway-based mobile technology company headquartered in Oslo, specializing in managed mobility services that enable efficient, secure, and sustainable workforce management across Europe. As the parent of the Techstep Group, it operates in Norway, Sweden, Denmark, and Poland through dedicated segments, including entities like Techstep Norway AS, Techstep Sweden AB, Techstep Denmark ApS, and Famoc S.A. The company provides comprehensive solutions such as device lifecycle management, mobile device management, endpoint security, unified endpoint and application management, strategic advisory services, and high-quality mobile devices with accessories. Techstep supports knowledge and frontline workers in hybrid environments, offering Device-as-a-Service (DaaS), zero-touch enrollment, proactive security, and sustainable recycling to maximize device value. Serving over 2,100 customers, including major public sector clients like the Municipality of Oslo, Techstep plays a key role in the software and IT services sector by transforming mobile technology for businesses, enhancing productivity, accessibility, and operational efficiency in industries ranging from healthcare to public services.
NOK 9.56
NOK 3.09 (-24.43%)
Price from 30 days ago
The business is unprofitable at the operating level (-8.98% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 6.7% YoY. Margins deteriorated 6.3pp alongside, both lines moving the wrong way.
ROIC dropped from -3.05% to -10.06%, capital efficiency is deteriorating. Negative free cash flow of -NOK 38M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 972M
▼ -6.7% YoY
Net Income (TTM)
-NOK 107M
▼ -126.5% YoY
Op. Margin
-9.98%
▼ -6.3pp YoY
ROIC
-10.06%
▼ -7.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-NOK 51M
▼ -78.1% YoY
Op. Cash Flow (TTM)
NOK 21M
▼ -62.6% YoY
Net Debt
NOK 184M
Cash & Equiv.
NOK 5M
3Y CAGR: -7.7%
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Techstep ASA (TECH.XOSL)'s valuation is best read against its own history, its peers, and the growth its price implies. 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, Techstep ASA scores 0/100 on Intrinsiqq's quality scorecard (a lower-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 . This is analysis, not investment advice.
Techstep ASA scores 0 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -10.0% operating margin and a -10.1% 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. you should weigh TECH.XOSL's valuation and scores 0/100 on quality (lower-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.