Techstep ASA (Norway) Performance
| TECH Stock | NOK 11.80 0.30 2.48% |
The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Techstep ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Techstep ASA is expected to be smaller as well. At this point, Techstep ASA has a negative expected return of -0.035%. Please make sure to validate Techstep ASA's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Techstep ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Techstep ASA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent essential indicators, Techstep ASA is not utilizing all of its potentials. The recent stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 27.2 M | |
| Total Cashflows From Investing Activities | -174.6 M | |
| Free Cash Flow | -61.3 M |
Techstep |
Techstep ASA Relative Risk vs. Return Landscape
If you would invest 1,220 in Techstep ASA on November 4, 2025 and sell it today you would lose (40.00) from holding Techstep ASA or give up 3.28% of portfolio value over 90 days. Techstep ASA is generating negative expected returns and assumes 2.0489% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Techstep, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Techstep ASA Target Price Odds to finish over Current Price
The tendency of Techstep Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 11.80 | 90 days | 11.80 | about 89.44 |
Based on a normal probability distribution, the odds of Techstep ASA to move above the current price in 90 days from now is about 89.44 (This Techstep ASA probability density function shows the probability of Techstep Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Techstep ASA has a beta of 0.24. This usually implies as returns on the market go up, Techstep ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Techstep ASA will be expected to be much smaller as well. Additionally Techstep ASA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Techstep ASA Price Density |
| Price |
Predictive Modules for Techstep ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Techstep ASA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Techstep ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Techstep ASA is not an exception. The market had few large corrections towards the Techstep ASA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Techstep ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Techstep ASA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | -0.02 |
Techstep ASA Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Techstep ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Techstep ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Techstep ASA generated a negative expected return over the last 90 days | |
| Techstep ASA has high likelihood to experience some financial distress in the next 2 years | |
| Techstep ASA has accumulated 97.36 M in total debt with debt to equity ratio (D/E) of 13.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Techstep ASA has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Techstep ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Techstep ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Techstep ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Techstep to invest in growth at high rates of return. When we think about Techstep ASA's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.31 B. Net Loss for the year was (103.05 M) with profit before overhead, payroll, taxes, and interest of 459.79 M. | |
| About 40.0% of Techstep ASA outstanding shares are owned by corporate insiders |
Techstep ASA Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Techstep Stock often depends not only on the future outlook of the current and potential Techstep ASA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Techstep ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.9 M | |
| Cash And Short Term Investments | 44.2 M |
Techstep ASA Fundamentals Growth
Techstep Stock prices reflect investors' perceptions of the future prospects and financial health of Techstep ASA, and Techstep ASA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Techstep Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0187 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 617.79 M | |||
| Shares Outstanding | 305.13 M | |||
| Price To Earning | 40.78 X | |||
| Price To Book | 0.69 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 1.31 B | |||
| EBITDA | 53.08 M | |||
| Cash And Equivalents | 50.35 M | |||
| Cash Per Share | 0.31 X | |||
| Total Debt | 97.36 M | |||
| Debt To Equity | 13.70 % | |||
| Book Value Per Share | 2.38 X | |||
| Cash Flow From Operations | 128.93 M | |||
| Earnings Per Share | (0.34) X | |||
| Total Asset | 1.31 B | |||
About Techstep ASA Performance
By examining Techstep ASA's fundamental ratios, stakeholders can obtain critical insights into Techstep ASA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Techstep ASA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.Things to note about Techstep ASA performance evaluation
Checking the ongoing alerts about Techstep ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Techstep ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Techstep ASA generated a negative expected return over the last 90 days | |
| Techstep ASA has high likelihood to experience some financial distress in the next 2 years | |
| Techstep ASA has accumulated 97.36 M in total debt with debt to equity ratio (D/E) of 13.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Techstep ASA has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Techstep ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Techstep ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Techstep ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Techstep to invest in growth at high rates of return. When we think about Techstep ASA's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.31 B. Net Loss for the year was (103.05 M) with profit before overhead, payroll, taxes, and interest of 459.79 M. | |
| About 40.0% of Techstep ASA outstanding shares are owned by corporate insiders |
- Analyzing Techstep ASA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Techstep ASA's stock is overvalued or undervalued compared to its peers.
- Examining Techstep ASA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Techstep ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Techstep ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Techstep ASA's stock. These opinions can provide insight into Techstep ASA's potential for growth and whether the stock is currently undervalued or overvalued.
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.