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Companies Industrials ITERA.OL
IT
ITERA.OL Oslo Børs Business Support Services

Itera ASA

kr6,50
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Mcap
531,1M NOK
P/E
23,1x
EV / Rev
0,7x
Div yield
3,00 %
Op margin
8,4 %
ROE
22,1 %
Net margin
6,1 %
Debt / equity
1,25
Beta
52w range
Volume
Day range
Prev close
kr6,60
Open
Next earnings
Ex-dividend
TR 1Y
About

Itera ASA provides IT services and business support solutions to clients in the industrial and commercial sectors.

Business. Itera ASA (ITERA.OL) is a business support services company operating within the Industrial & Commercial Services sector. The firm is headquartered in Norway and is primarily listed on the Oslo Børs. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorIndustrials
Business sectorIndustrial & Commercial Services
IndustryBusiness Support Services
Generated · model-assisted
Sell-side consensus
HOLD1 analysts
0 buy1 hold0 sell
Avg 12m price target

Analyst recommendations

1 analysts · consensus Hold
Buy0
Hold1
Sell0
12-month price target
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
23,1x
P/E
Analysts
Hold
1 analysts · indicative
Ownership
not yet wired
Profitability
22,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ITERA.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ITERA.OL. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Itera ASA (ITERA.OL) is a business support services company operating within the Industrial & Commercial Services sector. The firm is headquartered in Norway and is primarily listed on the Oslo Børs. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial & Commercial Services
    IndustryBusiness Support Services
    AI synthesis
    GENERATED

    Itera's capital structure shows a debt-to-equity ratio of 1.25, indicating moderate leverage. The company has NOK 78.88 million in long-term debt and NOK 36.07 million in cash and equivalents, resulting in a net cash position of NOK -42.81 million. The liquidity position is assessed as medium, with a current ratio of 1.04. The price-to-book ratio of 8.4 suggests the market is valuing the company significantly above its book value.

    Profitability metrics show a return on equity of 22.05% and return on assets of 4.32%. These figures are above the industry median for business support services, indicating strong capital efficiency. The operating margin of 8.41% (NOK 19.24 million operating income on NOK 228.49 million revenue) is also above the sector average.

    The company's revenue is concentrated in a single business segment, with no geographic diversification disclosed in the latest financials. This lack of diversification increases exposure to sector-specific risks. The operating cash flow is negative at NOK -6.53 million, but free cash flow is positive at NOK 19.51 million, driven by capital expenditures of NOK -2.90 million.

    Looking ahead, revenue is projected to grow by 12.3% in the current fiscal year and 8.7% in the next fiscal year. The price-to-earnings ratio of 38.11 is significantly above the industry median, suggesting the market is pricing in strong future growth expectations. The company has a low dilution risk with no difference between basic and diluted shares outstanding.

    Recent filings show mixed analyst sentiment, with one "hold" recommendation and no "buy" or "sell" ratings. The mean EPS estimate of NOK 0.66 is more than double the last actual EPS of NOK 0.28, indicating analysts expect significant earnings growth. No major regulatory or geopolitical risks are currently impacting the company's operations.

    Key takeaways
    • Itera has strong capital efficiency with ROE of 22.05% but carries moderate leverage at 1.25 debt-to-equity
    • The company generates positive free cash flow despite negative operating cash flow
    • Analysts expect EPS to more than double from NOK 0.28 to NOK 0.66
    • The stock trades at a premium to book value with a P/B ratio of 8.4
    • Revenue growth is projected at 12.3% for the current fiscal year

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 2

    Free cash flow surged 99.1% year-over-year to NOK 17.6 million in fiscal 2026, demonstrating improved cash generation.

    Revenue grew at a 9.2% compound annual growth rate over the four-year period ending in fiscal 2026.

    BEAR CASE · 3

    Debt-to-equity ratio of 1.25 places Itera in the bottom quartile of the Business Support Services cohort, indicating high leverage.

    Cash conversion of -0.47 ranks in the bottom quartile of the cohort, suggesting poor translation of earnings to cash.

    Current ratio of 0.46 indicates potential liquidity constraints, supported by a medium liquidity risk flag.

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-02-13
    Q4 2025 · Quarter highlights

    Revenue kr 213.4M, +0,7% YoY; Operating income −48,8% YoY.

    Revenuekr 213.4M+0,7 % YoY
    Operating incomekr 3.8M−48,8 % YoY
    Net incomekr 3.2M−45,1 % YoY
    Free cash flow-kr 367.0k+93,5 % YoY
    EPS
    Operating cash flowkr 62.2M−15,6 % YoY
    Financials
    Income statement
    Revenuekr 213.4M
    Gross profitkr 198.4M
    Operating incomekr 3.8M
    Net incomekr 3.2M
    Margins
    Gross margin92.9%
    Operating margin1.8%
    Net margin1.5%
    FCF margin-0.2%
    Balance sheet
    Total assetskr 271.1M
    Total liabilitieskr 225.8M
    Total equitykr 45.3M
    Cash & equivalentskr 58.4M
    Long-term debtkr 59.4M
    Cash flow
    Operating cash flowkr 62.2M
    CapEx-kr 12.9M
    Free cash flow-kr 367.0k
    SBC
    P&L flow · revenue → net income
    Revenue kr 213.4MOperating costs kr 209.6MTax kr 690.0kNet income kr 3.2M
    Highlights
    • Revenue kr 213.4M, +0,7% YoY
    • Operating income −48,8% YoY
    • Net income −45,1% YoY
    • Free cash flow +93,5% YoY
    • Net margin 1.5%

    Valuation TTM

    Market price
    kr6,50
    Market cap
    kr531.1M
    Enterprise value
    kr574.0M
    P/E
    23.1x
    Non-GAAP P/E
    EV / Revenue
    0.7x
    EV / Op income
    15.6x
    EV / OCF
    P / B
    8.4x
    P / Tangible book
    8.4x
    Tangible book
    kr63.2M
    Net cash
    -kr42.8M
    Current ratio
    1.0
    Debt / equity
    1.2
    ROA
    4.3%
    ROE
    22.1%
    Cash conversion
    -47.0%
    CapEx / revenue
    -1.3%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,66
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    1
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-16 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,66
    Revenueno estimateno estimate904,0M NOK
    Operating incomeno estimateno estimate70,0M NOK
    Full-year consensus mean (period as reported by source) · consensus in NOK. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy0
    Hold1
    Sell0
    Strong sell0
    Operating income · consensus70,0M NOK
    EPS surprise
    −57,6 %
    reported vs consensus · miss
    Revenue surprise
    −6,6 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin8,4 %Above median
    Net Margin6,1 %Above median
    ROE22,1 %Above P75
    Capex / Rev-1,3 %Above median
    D/E1,25Bottom quartile
    Cash Conv-0,47Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Physical assets

    2 tracked
    AssetTypeCommodityCountryRole
    Apsatskoye Coal MineMineCoalRussiaOperating company
    Apsatskoye Coal MineOtherCoalRussiaOperating company
    Tracked physical assets associated with this issuer (operated, managed, or owned).

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Itera ASA Market data — financials · 2026-05-28
    • Itera ASA Market data — analyst estimates · 2026-05-28
    • Itera ASA Market data — ESG · 2026-05-28

    Ownership & reference

    Leadership

    • Arne MjøsCEO

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ITERA.OLCanonical
    Oslo Børs · NOK

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    • Return on equity (FY 2024-12-31): 50.4%Derived (calculated)
    • Debt-to-equity (FY 2024-12-31): 1.21xDerived (calculated)
    • Current ratio (FY 2024-12-31): 0.46xDerived (calculated)
    • Return on assets (FY 2024-12-31): 22.8%Derived (calculated)
    • Net margin (FY 2024-12-31): 62.2%Derived (calculated)
    • Current assets (annual): NOK 39.94MBRREG filing
    • Total operating expenses (annual): NOK 67.02MBRREG filing
    • Non current assets (annual): NOK 126.36MBRREG filing
    • Finance expense (annual): NOK 5.2MBRREG filing
    • Total equity & liabilities (annual): NOK 166.31MBRREG filing
    • Shareholders' equity (annual): NOK 75.3MBRREG filing
    • Revenue (annual): NOK 61.02MBRREG filing
    • Net income (annual): NOK 37.95MBRREG filing
    • Non current liabilities (annual): NOK 3.84MBRREG filing
    • Pre-tax income (annual): NOK 37.9MBRREG filing
    • Total liabilities (annual): NOK 91.01MBRREG filing
    • Current liabilities (annual): NOK 87.17MBRREG filing
    • Total assets (annual): NOK 166.31MBRREG filing
    • Operating income (annual): NOK -6MBRREG filing
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-05-21 05:22 UTCFILINGRegulatory filing →
    2026-02-13 07:33 UTCEARNINGSQuarterly results — Q4 2025 Revenue NOK 213.4M · Net NOK 3.2M
    2026-02-13 07:33 UTCEARNINGSAnnual results — FY 2026 Revenue NOK 844.3M · Net NOK 23.0M
    2025-10-24 06:15 UTCEARNINGSQuarterly results — Q3 2025 Revenue NOK 196.3M · Net NOK 3.6M
    2025-08-15 06:15 UTCEARNINGSQuarterly results — Q2 2025 Revenue NOK 202.9M · Net NOK 1.7M
    2025-05-09 06:15 UTCEARNINGSQuarterly results — Q1 2025 Revenue NOK 231.6M · Net NOK 14.5M
    2025-02-14 06:17 UTCEARNINGSQuarterly results — Q4 2024 Revenue NOK 211.9M · Net NOK 5.8M
    2025-02-14 06:17 UTCEARNINGSAnnual results — FY 2025 Revenue NOK 848.8M · Net NOK 35.0M
    2024-11-08 06:15 UTCEARNINGSQuarterly results — Q3 2024 Revenue NOK 184.2M · Net NOK -0.9M
    2024-08-16 06:15 UTCEARNINGSQuarterly results — Q2 2024 Revenue NOK 224.1M · Net NOK 16.2M
    2024-05-03 07:50 UTCEARNINGSQuarterly results — Q1 2024 Revenue NOK 228.5M · Net NOK 13.9M
    2024-02-15 06:20 UTCEARNINGSAnnual results — FY 2024 Revenue NOK 871.6M · Net NOK 56.7M
    2023-02-16 06:15 UTCEARNINGSAnnual results — FY 2023 Revenue NOK 735.8M · Net NOK 51.0M
    2022-02-17 06:23 UTCEARNINGSAnnual results — FY 2022 Revenue NOK 593.0M · Net NOK 44.1M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage