Atea ASA
OSE:ATEA

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Atea ASA
OSE:ATEA
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Price: 147.4 NOK 2.36% Market Closed
Market Cap: kr16.6B

EV/EBIT

11.9
Current
8%
Cheaper
vs 3-y median of 12.9

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
11.9
=
Enterprise Value
kr15.7B
/
EBIT
kr1.4B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
11.9
=
Enterprise Value
kr15.7B
/
EBIT
kr1.4B

Valuation Scenarios

Atea ASA is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (12.9), the stock would be worth kr159.94 (9% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+39%
Average Upside
18%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 11.9 kr147.4
0%
3-Year Average 12.9 kr159.94
+9%
5-Year Average 13.2 kr162.92
+11%
Industry Average 16.6 kr205.22
+39%
Country Average 13.4 kr166.27
+13%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
kr15.7B
/
Jan 2026
kr1.4B
=
11.9
Current
kr15.7B
/
Dec 2026
kr1.7B
=
9.3
Forward
kr15.7B
/
Dec 2027
kr1.8B
=
8.6
Forward
kr15.7B
/
Dec 2028
kr2B
=
7.8
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
NO
Atea ASA
OSE:ATEA
16B NOK 11.9 18.5
US
International Business Machines Corp
NYSE:IBM
236.9B USD 25.8 22.4
JP
BrainPad Inc
TSE:3655
20.9T JPY 52.7 551.4
IE
Accenture PLC
NYSE:ACN
121.6B USD 10.3 15.9
IN
Tata Consultancy Services Ltd
NSE:TCS
9.3T INR 13.6 19.5
IN
Infosys Ltd
NSE:INFY
5.3T INR 14.2 19.1
IN
HCL Technologies Ltd
NSE:HCLTECH
3.9T INR 16.3 23.6
JP
Fujitsu Ltd
TSE:6702
6.6T JPY 16.8 13.9
JP
NEC Corp
TSE:6701
5.8T JPY 18.1 23.5
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR 21 38.8
JP
NTT Data Corp
TSE:9613
5.6T JPY 21.1 39.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
Atea ASA
OSE:ATEA
Average EV/EBIT: 20.2
11.9
14%
0.9
US
International Business Machines Corp
NYSE:IBM
25.8
19%
1.4
JP
BrainPad Inc
TSE:3655
52.7
N/A N/A
IE
Accenture PLC
NYSE:ACN
10.3
7%
1.5
IN
Tata Consultancy Services Ltd
NSE:TCS
13.6
9%
1.5
IN
Infosys Ltd
NSE:INFY
14.2
9%
1.6
IN
HCL Technologies Ltd
NSE:HCLTECH
16.3
9%
1.8
JP
Fujitsu Ltd
TSE:6702
16.8
N/A N/A
JP
NEC Corp
TSE:6701
18.1
14%
1.3
JP
N
NTT Data Group Corp
DUS:NT5
21
N/A N/A
JP
NTT Data Corp
TSE:9613
21.1
N/A N/A

Market Distribution

In line with most companies in Norway
Percentile
45th
Based on 487 companies
45th percentile
11.9
Low
0.2 — 3.6
Typical Range
3.6 — 22.2
High
22.2 —
Distribution Statistics
Norway
Min 0.2
30th Percentile 3.6
Median 13.4
70th Percentile 22.2
Max 40 612.5

Atea ASA
Glance View

Market Cap
16.6B NOK
Industry
Technology

Atea ASA, a leading Nordic and Baltic provider of IT infrastructure solutions, stands at the forefront of Europe's digital transformation landscape. Established in Norway, Atea has grown into a formidable force, steering the course for regional enterprises seeking to navigate the complex world of IT. The company facilitates the digital journeys of its clients by offering a comprehensive suite of services, from consulting and design to the implementation of robust IT frameworks. By partnering with technology giants like Microsoft, Cisco, and Dell, Atea ensures its offerings remain on the cutting edge, leveraging advancements to deliver custom solutions tailored to the intricate needs of businesses across various sectors. The secret to Atea’s success lies in its integrated approach to technology and customer relationships. With approximately 7,000 employees stationed across its operations, Atea has ingrained itself into the economic DNA of the regions it serves, creating strategic value through deep local insights. The company earns its revenue by assembling, deploying, and maintaining IT systems that enable clients to thrive in an increasingly digital world. By offering both cloud-based solutions and traditional on-premises frameworks, Atea captures a diverse clientele—ranging from small enterprises scaling their digital footprints to public sector entities demanding secure and reliable technology infrastructure. As businesses continue to prioritize digital initiatives, Atea is poised to expand its influence, evolving alongside the digital needs it aims to satisfy.

ATEA Intrinsic Value
218.2 NOK
Undervaluation 32%
Intrinsic Value
Price kr147.4
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