Vitec Software Group AB Class B (VIT.B) AI Stock Analysis

• Market Cap: kr17.85B
• Dividend Yield: 0.65%
• Average Volume (3M): 66.72K
• Price to Earnings (P/E): 42.4
• Beta (1Y): 0.73
• Revenue Growth: 22.21%
• EPS Growth: 13.71%
• Country: SE
• Employees: 1,660
• Sector: Technology
• Sector Strength: 65
• Industry: Software - Application
• EPS (TTM): 10.56
• Shares Outstanding: 37,359,340
• 10 Day Avg. Volume: 52,322
• 30 Day Avg. Volume: 66,716
• PEG Ratio: -25.25
• Price to Book (P/B): 3.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.33
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr599.30
• Price Target Upside: 33.77% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

Vitec Software Group AB Class B's overall score reflects a strong financial performance, highlighted by robust revenue growth and solid cash flow generation. However, the technical analysis indicates bearish momentum, which weighs down the overall score. The high P/E ratio suggests a potentially overvalued stock, offset by the company's growth potential in the software industry. The lack of earnings call and corporate events information means these factors do not influence the score.

Vitec Software Group AB Class B Business Overview & Revenue Model

Company Description

Vitec Software Group AB (publ) develops and delivers vertical market software in Sweden, Denmark, Finland, Norway, and internationally. The company offers software for municipal culture and recreation administration offices, as well as other visitor facilities; healthcare companies; church activities; banking and finance industry; information management within the process industry and energy companies; social services sector; automotive, transportation, and machinery industry; local associations and national organizations; construction and property management industry; pharmacy market; car dealers and auto repair shops; electricity traders, and owners of electricity and district heating grids; hair and beauty salons; and welfare sectors. It also provides software for preschools; real estate agents; education sector; golf courses; liability insurance companies; building and facility management; private and municipal waste and resource processing; media companies; and insurance companies. Vitec Software Group AB (publ) was incorporated in 1985 and is headquartered in Umeå, Sweden.

How the Company Makes Money

Vitec Software Group AB primarily generates revenue through a subscription-based model, charging clients recurring fees for access to its software solutions. This model ensures a steady and predictable income stream. The company also benefits from additional revenue through software upgrades, maintenance, and support services. Strategic acquisitions of niche software providers further bolster Vitec's portfolio, expanding its market reach and customer base. Key partnerships with industry leaders and continuous investment in research and development contribute significantly to its financial success by driving innovation and maintaining competitive advantage.

Vitec Software Group AB Class B Financial Statement Overview

Summary

Vitec Software Group AB Class B presents a strong financial profile with robust revenue growth and profitability. The balance sheet is stable with moderate leverage, and cash flow generation is solid, supporting future growth and potential dividend distributions. While the company shows strong operational efficiency and cash conversion, continued monitoring of leverage is advisable as it grows.

Income Statement

The company has demonstrated strong revenue growth, with a significant increase in total revenue over recent years. The TTM gross profit margin is robust at approximately 39.2%, indicating efficient cost management. The net profit margin is around 11.7%, reflecting solid profitability. EBIT and EBITDA margins are also healthy, at about 20% and 39% respectively, showcasing operational efficiency.

Balance Sheet

The balance sheet is strong, with a debt-to-equity ratio of 0.50, suggesting a moderate level of leverage. Return on equity (ROE) is approximately 8.7%, which is decent, showing the company is effectively generating returns on shareholders' investments. The equity ratio is about 47.3%, indicating a stable capital structure with a good proportion of equity financing.

Cash Flow

The company shows a strong cash flow position, with a healthy operating cash flow to net income ratio of 2.71, reflecting efficient cash generation relative to net income. The free cash flow growth rate is impressive, indicating the company is enhancing its ability to generate cash after capital expenditures. The free cash flow to net income ratio stands at a robust 1.93, showcasing strong cash conversion.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.50B	3.33B	2.78B	1.98B	1.57B	1.31B
	Gross Profit
1.37B	1.23B	1.05B	1.19B	926.99M	755.25M
	EBIT
698.40M	697.43M	590.12M	355.84M	283.05M	222.43M
	EBITDA
1.34B	1.32B	940.05M	620.70M	496.64M	389.25M
	Net Income Common Stockholders
407.65M	410.10M	339.18M	244.87M	206.94M	160.71M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
483.15M	243.55M	171.85M	615.79M	119.85M	134.69M
	Total Assets
9.86B	10.08B	7.83B	6.32B	3.75B	2.21B
	Total Debt
2.36B	2.54B	2.26B	1.63B	873.76M	616.71M
	Net Debt
1.87B	2.30B	2.09B	1.01B	753.90M	482.01M
	Total Liabilities
5.19B	5.18B	4.42B	3.11B	1.76B	1.36B
	Stockholders Equity
4.67B	4.91B	3.41B	3.21B	1.99B	843.35M
Cash Flow		Free Cash Flow
788.41M	546.46M	341.45M	278.02M	259.83M	263.44M
	Operating Cash Flow
1.10B	949.04M	718.40M	563.37M	488.02M	436.33M
	Investing Cash Flow
-2.30B	-1.96B	-1.68B	-1.44B	-1.51B	-340.13M
	Financing Cash Flow
1.06B	1.10B	489.91M	1.34B	1.02B	38.49M

Vitec Software Group AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 448.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:VIT.B, the sentiment is Negative. The current price of 448 is below the 20-day moving average (MA) of 478.21, below the 50-day MA of 527.71, and below the 200-day MA of 524.73, indicating a bearish trend. The MACD of -26.21 indicates Positive momentum. The RSI at 37.99 is Neutral, neither overbought nor oversold. The STOCH value of 19.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:VIT.B.

Vitec Software Group AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VIT.B	66 Neutral	kr17.85B	42.43	9.58%	0.65%	22.21%	13.71%
Sector *	60 Neutral	$10.96B	10.27	-6.73%	2.97%	7.73%	-11.60%