Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Based in Oslo, Norway, and established in 2016, Techstep ASA functions as a prominent enabler of mobile technology solutions throughout Norway, Sweden, Denmark, and Poland. The company delivers a broad spectrum of services, which includes mobile hardware provisioning, ongoing support, and strategic mobility consulting. Additionally, it supplies Software as a Service (SaaS), mobile expense management tools, and provides both financing and remarketing services. Techstep also specializes in top-tier cloud-based Private Branch Exchange (PBX) solutions and offers extensive enterprise mobility management services, such as mobile security, system design, implementation, and mobile device management. Furthermore, the firm develops and provides tailored enterprise mobility software and solutions specifically for clients within the transportation, logistics, and public safety industries, alongside comprehensive mobile device lifecycle management solutions.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is 'cheap' on EV/EBITDA.