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Vitec Software Group AB (publ) (VIT-B.ST)
SEK223.60
-8.00 (-3.45%)
SE STO Technology Software - Application
Address
TvistevAegen 47A 907 29
Umeå, SE
Umeå, SE
CEO
Olle Backman
Website
vitecsoftware.com
IPO
2004-10-04
ISIN SE0007871363
Also trades on
London Stock Exchange · 0RDI.L (SEK)
Stockholm Stock Exchange · VIT-B.ST (SEK)
Description
Vitec Software Group AB (publ), established in 1985 and headquartered in Umeå, Sweden, specializes in the development and delivery of niche software solutions for a wide range of vertical markets. The company's operations span the Nordic countries (Sweden, Denmark, Finland, and Norway) as well as international territories. Vitec crafts tailored digital tools that cater to diverse sectors, including public administration (such as municipal services, social welfare, education, and waste management), healthcare and pharmacy, financial services (banking, insurance, and real estate), various industrial segments (automotive, construction, energy, and process manufacturing), and consumer-oriented businesses like beauty salons and golf courses. Additionally, their offerings support critical infrastructure providers, associations, and media organizations.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
SEK223.60
-8.00 (-3.45%)
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Volume Profile
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Liquidity & share structure
Average Volume
133.5K
Beta
0.84
Float Shares
37.66M
Free Float %
95.2%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.88% | -4.95% | +2.51% | +9.11% | -16.51% | -10.00% | -39.61% | -51.98% | -28.79% | +315.94% | +10,775.00% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
223.60
DCF (Unlevered)
470.94
+110.6%
DCF (Levered)
295.39
+32.1%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
100% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 5 | 0 |
| Hold | 0 | -1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
1.61
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Software - Application: +13.0%+9.0% Q1'26: +8.6% (vs Q1'25)
-
EPS growth Software - Application: +28.6%+2.1% Q1'26: +19.1% (vs Q1'25)
-
FCF margin FCF growth · Software - Application: +45.3%+28.8% ★ Q1'26: +69.4% (vs Q1'25)
-
EBIT margin Software - Application: +9.4%+18.5% ★ Q1'26: +18.3% (vs Q1'25)
-
ROIC Software - Application: +7.5%+7.1% Q1'26: +6.6% (vs Q1'25)
-
Share dilution Software - Application: +0.0%+2.5% Q1'26: 0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×2.26× Q1'26: 2.65× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 7 Rev. Ana. 6 EPS Ana. |
Dec 2027 7 Rev. Ana. 5 EPS Ana. |
Dec 2028 6 Rev. Ana. 6 EPS Ana. |
Dec 2029 5 Rev. Ana. 4 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
618.39M
est: 613.00M (+0.9%)
|
675.41M
est: 668.00M (+1.1%)
|
855.03M
est: 842.00M (+1.5%)
|
1.02B
est: 1.00B (+1.2%)
|
1.16B
est: 1.05B (+10.6%)
|
1.31B
est: 1.28B (+2.7%)
|
1.57B
est: 1.58B (-0.4%)
|
1.98B
est: 1.94B (+1.9%)
|
2.78B
est: 3.04B (-8.6%)
|
3.33B
est: 3.27B (+2.1%)
|
3.63B
est: 3.58B (+1.5%)
|
3.97B
3.90B – 4.04B
+11.0% YoY
|
4.20B
4.13B – 4.25B
+5.6% YoY
|
4.44B
4.43B – 4.46B
+5.9% YoY
|
4.52B
4.44B – 4.59B
+1.6% YoY
|
| EBITDA |
187.24M
est: 203.48M (-8.0%)
|
161.83M
est: 221.74M (-27.0%)
|
182.01M
est: 279.50M (-34.9%)
|
230.27M
est: 333.42M (-30.9%)
|
289.81M
est: 347.10M (-16.5%)
|
389.25M
est: 424.40M (-8.3%)
|
496.64M
est: 523.82M (-5.2%)
|
620.70M
est: 644.53M (-3.7%)
|
940.05M
est: 1.31B (-28.1%)
|
1.32B
est: 1.41B (-6.3%)
|
1.29B
est: 1.54B (-16.0%)
|
1.71B
1.68B – 1.74B
+11.0% YoY
|
1.81B
1.78B – 1.83B
+5.6% YoY
|
1.91B
1.91B – 1.92B
+5.9% YoY
|
1.94B
1.91B – 1.97B
+1.6% YoY
|
| EBIT |
101.40M
est: 115.91M (-12.5%)
|
89.08M
est: 126.31M (-29.5%)
|
107.03M
est: 159.22M (-32.8%)
|
129.01M
est: 189.93M (-32.1%)
|
145.77M
est: 197.73M (-26.3%)
|
222.75M
est: 241.76M (-7.9%)
|
283.34M
est: 298.39M (-5.0%)
|
358.44M
est: 367.16M (-2.4%)
|
596.17M
est: 603.11M (-1.2%)
|
665.70M
est: 647.86M (+2.8%)
|
671.43M
est: 710.02M (-5.4%)
|
788.42M
773.66M – 802.00M
+11.0% YoY
|
832.67M
820.09M – 844.05M
+5.6% YoY
|
881.96M
879.32M – 884.59M
+5.9% YoY
|
896.27M
881.16M – 910.07M
+1.6% YoY
|
| Net Income |
78.19M
est: 99.99M (-21.8%)
|
66.81M
est: 94.17M (-29.1%)
|
79.43M
est: 99.07M (-19.8%)
|
96.92M
est: 118.14M (-18.0%)
|
102.17M
est: 196.10M (-47.9%)
|
160.71M
est: 227.10M (-29.2%)
|
206.94M
est: 336.97M (-38.6%)
|
244.87M
est: 343.24M (-28.7%)
|
339.18M
est: 391.78M (-13.4%)
|
410.10M
est: 446.74M (-8.2%)
|
435.36M
est: 417.00M (+4.4%)
|
505.58M
442.66M – 648.26M
+21.2% YoY
|
597.31M
527.40M – 740.88M
+18.1% YoY
|
683.47M
619.73M – 710.52M
+14.4% YoY
|
683.12M
668.14M – 696.79M
-0.1% YoY
|
| SGA |
84.79M
est: 90.89M (-6.7%)
|
97.68M
est: 99.05M (-1.4%)
|
124.76M
est: 124.85M (-0.1%)
|
157.66M
est: 148.93M (+5.9%)
|
149.69M
est: 155.04M (-3.5%)
|
151.26M
est: 189.57M (-20.2%)
|
183.28M
est: 233.98M (-21.7%)
|
289.18M
est: 287.90M (+0.4%)
|
723.35M
est: 380.64M (+90.0%)
|
343.12M
est: 408.88M (-16.1%)
|
—
est: 448.12M (-100.0%)
|
497.60M
488.28M – 506.17M
+11.0% YoY
|
525.52M
517.58M – 532.71M
+5.6% YoY
|
556.63M
554.97M – 558.29M
+5.9% YoY
|
565.67M
556.13M – 574.38M
+1.6% YoY
|
| EPS |
2.66
est: 2.58 (+3.1%)
|
2.27
est: 2.43 (-6.6%)
|
2.70
est: 2.56 (+5.6%)
|
3.23
est: 3.05 (+6.0%)
|
3.16
est: 5.06 (-37.5%)
|
4.93
est: 5.86 (-15.9%)
|
6.14
est: 8.70 (-29.4%)
|
6.92
est: 8.86 (-21.9%)
|
9.04
est: 9.87 (-8.4%)
|
10.74
est: 11.26 (-4.6%)
|
10.96
est: 10.51 (+4.3%)
|
12.69
11.15 – 16.32
+20.7% YoY
|
14.82
13.28 – 18.65
+16.8% YoY
|
16.87
15.60 – 17.89
+13.8% YoY
|
17.20
16.82 – 17.54
+1.9% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-28 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-27 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-26 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-25 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-22 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-21 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-20 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-19 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-18 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-15 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-13 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-12 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-11 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-08 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-07 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-05 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-04 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-30 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-29 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-23 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-22 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-21 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-20 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-17 | B | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-16 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
901.85M
OE per share TTM
22.68
Owner's Yield
8.72%
Maintenance CapEx ratio
116.75%
Maint CapEx / Avg PPE
7.2%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 46 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares International Developed Small Cap Value Factor ETF ISVL | 0.11% | 347.6K | 0.31% |
| 2 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA | 0.06% | 216.0K | 0.23% |
| 3 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Dist X026.DE | 0.06% | 216.0K | 0.23% |
| 4 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L | 0.05% | 1.79M | 0.30% |
| 5 | iShares MSCI Europe Small-Cap ETF IEUS | 0.05% | 91.2K | 0.41% |
| 6 | State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE | 0.03% | 240.2K | 0.30% |
| 7 | Avantis International Small Cap Equity ETF AVDS | 0.03% | 82.9K | 0.30% |
| 8 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.02% | 3.48M | 0.06% |
| 9 | Dimensional - International Small Cap ETF DFIS | 0.02% | 1.27M | 0.39% |
| 10 | iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ | 0.02% | 48.5K | 0.83% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
404.5K
Shares Outstanding
39.58M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Olle Backman | Chief Executive Officer, President & Director | 6M | male |
| Lars Stenlund | Founder & Chairman of the Board | 830.0K | male |
| Anna-Karin Nilsson | Head of Brand | — | female |
| Gert Gustafsson | Chief Operating Officer | — | male |
| Jerker Vallbo | Chief Information Officer & Chief Technology Officer | — | male |
| Patrik Fransson | Head of Investor Relations | — | male |
| Peter Lidström | Chief Financial Officer | — | male |
| Ales Zobec | Head of M&A | — | male |
| Richard Larsson | Chief Executive Officer of Software for Estate Agents - Sweden | — | male |
| Anna Andersson | Head of Human Resources | — | female |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for VIT-B.ST
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
