Obermatt

Vitec Software Group

STO:VIT B · SE0007871363
SoftwareSmall

360

50
EV / EBIT33
Price / Owner Earnings59
Owner Earnings Yield74
Dividend Yield69
Price/Sales33
EV / Gross Profit36
Price/Book59
Return on Capital53
Cash Return on Capital48
Return on Equity58
EBIT Margin73
Gross Profitability16
Cash Conversion77
Accruals18
Owner Earnings Margin85
Sales growth60
Profit Growth49
Long-Term EPS Growth80
Owner Earnings Growth75
Reinvestment37
Price momentum13
Debt load33
Refinancing19
Debt Payback35
Liquidity42
Analyst ratings72
Opinion Changes50
Price Target Upside98
Market mood89
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Vitec Software Group generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySweden
IndustrySoftware
SizeSmall
TypePublic Company
ExchangeOM
Founded1985
Employees198
ISINSE0007871363
Last UpdateApr 2, 2026
Index & Theme
Software DevelopmentComputerComputer VisionConsultingEnergyInformation TechnologySoftware

Description

Vitec Software Group AB (publ) (Vitec) specializes in developing and delivering standardized software solutions to meet the needs of various niche markets. The company operates primarily in the field of information technology, focusing on software de…

Analysis

Middle-of-the-road

Vitec Software Group AB (publ) is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is attractive. You pay 11.8× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -1% yearly growth; analysts expect 16%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is adequate. The company scores 18/20 on our value-creation score: strong value creator.

What to watch: The financial cushion is thinner than comfortable. A large part of the company's book value is the price paid for past acquisitions. Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
36
2023202420252026

All-time high

51

Mar 2026

All-time low

19

Jan 2023

Average rank

35

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
33
26
19
28
Price/Earnings
41
23
20
18
Price/Book
59
39
41
34
Dividend Yield
69
58
63
61
Value (overall)
54
35
34
29

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →