Webstep ASA Financials

WSTEP Stock  NOK 23.30  0.10  0.43%   
Financial data analysis helps to validate if markets are presently mispricing Webstep ASA. We were able to break down and interpolate data for thirty-three available indicators for Webstep ASA, which can be compared to its rivals. The stock experiences a normal upward fluctuation. Check odds of Webstep ASA to be traded at 24.47 in 90 days.
  
Understanding current and past Webstep ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Webstep ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Webstep ASA's assets may result in an increase in income on the income statement.

Webstep ASA Stock Summary

Webstep ASA competes with Kitron ASA, Europris ASA, Kid ASA, Atea ASA, and Bouvet. Webstep ASA, together with its subsidiaries, provides information technology consultancy services to public and private businesses in Norway and Sweden. The company was founded in 2000 and is headquartered in Oslo, Norway. WEBSTEP ASA is traded on Oslo Stock Exchange in Norway.
InstrumentNorway Stock View All
ExchangeOslo Stock Exchange
ISINNO0010609662
Business AddressUniversitetsgata 2, Oslo,
SectorIT Services
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.webstep.com
Phone47 40 00 33 25
CurrencyNOK - Kroner
You should never invest in Webstep ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Webstep Stock, because this is throwing your money away. Analyzing the key information contained in Webstep ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Webstep ASA Key Financial Ratios

Webstep ASA's financial ratios allow both analysts and investors to convert raw data from Webstep ASA's financial statements into concise, actionable information that can be used to evaluate the performance of Webstep ASA over time and compare it to other companies across industries.

Webstep Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Webstep ASA's current stock value. Our valuation model uses many indicators to compare Webstep ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Webstep ASA competition to find correlations between indicators driving Webstep ASA's intrinsic value. More Info.
Webstep ASA is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Webstep ASA is roughly  1.89 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Webstep ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Webstep ASA's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Webstep ASA Systematic Risk

Webstep ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Webstep 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Webstep ASA correlated with the market. If Beta is less than 0 Webstep ASA generally moves in the opposite direction as compared to the market. If Webstep ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Webstep ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Webstep ASA is generally in the same direction as the market. If Beta > 1 Webstep ASA moves generally in the same direction as, but more than the movement of the benchmark.

Webstep ASA November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Webstep ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Webstep ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Webstep ASA based on widely used predictive technical indicators. In general, we focus on analyzing Webstep Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Webstep ASA's daily price indicators and compare them against related drivers.

Other Information on Investing in Webstep Stock

Webstep ASA financial ratios help investors to determine whether Webstep 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 Webstep with respect to the benefits of owning Webstep ASA security.