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ATEA.OL

STRONG BUYREMOVE

Atea ASA · Technology · Norway · $2.0B · Avg Vol: $2M/d

95
StockRank
Q
59
V
69
M
61
P/E (TTM)
16.9x
ROE
24.5%
D/E
0.5x
Dividend %
4.6%
AI CONVICTION THESIS

Atea ASA is a Nordic IT infrastructure reseller. While it has a stable market position, it operates in a low-margin distribution segment with low quality metrics (Q: 60) and lacks a structural economic moat.

COMPANY DESCRIPTION

Atea ASA is the market-leading provider of IT infrastructure and related services in the Nordic and Baltic regions. The company serves corporate and public sector clients with hardware procurement, software licensing, and managed IT services. Its dominant regional scale, extensive partner network with global tech giants, and deep local presence create high switching costs and a formidable barrier to entry for competitors.

FINANCIAL SUMMARY

Year2022202320242025CAGR
Revenue3.5B3.8B3.7B4.0B4.9%
EPS0.820.780.740.851.1%
Shares112M112M112M112M0.0%
Debt217M228M238M237M3.0%
Equity403M454M478M491M6.8%
Op CF111M203M219M130M5.3%
Inv CF-48M-35M-46M-45M
Fin CF-107M-117M-133M-139M
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PRICE (1M)+5.8%
16.8117.1717.5317.9018.26Apr 30May 26Jun 15
SMA 50SMA 200
Close
$17.87
RSI (14)
59.7
52W High
$18.50
From 52W High
1.0%

SCORE BREAKDOWN

Quality
59
ROIC
20.0%86.4
ROE
24.5%87.9
GP/Assets
52.5%89.1
Op. Margin
3.4%38.3
FCF/Assets
4.7%61.0
Piotroski
44.6
Int. Cover
7.3x46.0
D/E Ratio
0.48x31.4
Current Ratio
0.94x8.5
Value
69
P/E (TTM)
16.9x76.8
EV/EBITDA
12.0x56.9
P/FCF
170.6x66.4
P/B
4.0x40.4
P/S
0.5x91.8
Div Yield
4.6%91.2
Momentum
61
52W High %
97%93.6
RS 6M
-13%51.8
SMA 50/200
1.05x49.6
EPS Rev 4W
-0.2%33.3
EPS Rev 12W
N/A
EPS Improve
+17%20.3
Q Growth
140%83.0

FUNDAMENTALS

Market Cap
$2.0B
P/E (Forward)
14.5x
Gross Margin
29.2%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of ATEA.OL are excluded.

TickerCompanyMkt CapStockRankSignal
ATEA.OLAtea ASA(you)$2.0B95STRONG BUY
BOUV.OLBouvet ASA$525M75BUY
KIT.OLKitron ASA$2.7B97STRONG BUY
PEXIP.OLPexip Holding ASA$869M98STRONG BUY
NORBT.OLNorbit ASA$1.3B81STRONG BUY
SMOP.OLSmartoptics Group ASA$679M93STRONG BUY
AUTO.OLAutoStore Holdings Ltd.$4.8B84STRONG BUY
NOD.OLNordic Semiconductor ASA$4.3B78BUY
APR.OLAPPEAR ASA$345M60HOLD
GENO.OLGENERAL OCEANS ASA$468M40HOLD

Peer medians: ROE 8.3% · P/E 33.1x · Gross margin 48.0%

Atea ASA (ATEA.OL) — Stock Score Summary

Atea ASA (ATEA.OL) has a MoatMap StockRank of 95/100 based on Quality (59/100), Value (69/100), and Momentum (61/100) factor scores. The current signal is STRONG BUY. Atea ASA is a Nordic IT infrastructure reseller. While it has a stable market position, it operates in a low-margin distribution segment with low quality metrics (Q: 60) and lacks a structural economic moat.

Atea ASA is the market-leading provider of IT infrastructure and related services in the Nordic and Baltic regions. The company serves corporate and public sector clients with hardware procurement, software licensing, and managed IT services. Its dominant regional scale, extensive partner network with global tech giants, and deep local presence create high switching costs and a formidable barrier to entry for competitors.

Key Financial Metrics

Price$17.87
Market Cap$2.0B
P/E (TTM)16.91
P/E (Forward)14.47
Price/Book4.01
Return on Equity24.5%
Return on Invested Capital20.0%
Debt/Equity47.91
Gross Margin29.2%
Operating Margin3.4%
Revenue Growth12.9%
Dividend Yield4.6%
Free Cash Flow$12M

Atea ASA operates in the Information Technology Services industry, part of the Technology sector (Norway).

Frequently Asked Questions

What is Atea ASA’s (ATEA.OL) StockRank?
MoatMap’s StockRank for Atea ASA (ATEA.OL) is 95/100, with a Strong Buy signal. It is a composite of Quality (59), Value (69), and Momentum (61) factor ranks across MoatMap’s 19,000+ stock universe.
Does Atea ASA have an economic moat?
Atea ASA (ATEA.OL) has a Quality factor score of 59/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Atea ASA a buy, hold, or sell?
MoatMap’s current signal for Atea ASA (ATEA.OL) is Strong Buy, based on a StockRank of 95/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Atea ASA in?
Atea ASA (ATEA.OL) operates in the Technology sector, specifically the Information Technology Services industry (Norway).