Vitec Software Group AB Class B (VIT.B) AI Stock Analysis

• Market Cap: kr11.49B
• Dividend Yield: 1.14%
• Average Volume (3M): 50.09K
• Price to Earnings (P/E): 28.8
• Beta (1Y): 0.71
• Revenue Growth: 14.41%
• EPS Growth: -4.45%
• Country: SE
• Employees: 1,660
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 2.81
• Shares Outstanding: 37,400,290
• 10 Day Avg. Volume: 42,172
• 30 Day Avg. Volume: 50,091
• PEG Ratio: 3.30
• Price to Book (P/B): 4.23
• Price to Sales (P/S): 6.23
• P/FCF Ratio: 38.03
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr410.00
• Price Target Upside: 16.35% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: kr328.00 ▼(-6.92% Downside)

Vitec Software Group AB Class B's overall stock score is primarily supported by its strong financial performance, which indicates robust revenue growth and solid profitability. However, the bearish technical indicators and relatively high valuation suggest caution. The absence of earnings call insights and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

The robust revenue growth rate indicates significant market expansion and product adoption, enhancing the company's competitive position and long-term growth prospects.

Business Model

A diverse revenue model with recurring income from subscriptions and maintenance supports financial stability and predictability, crucial for long-term success.

Balance Sheet Health

A stable balance sheet with moderate leverage enhances financial flexibility, allowing the company to invest in growth opportunities and weather economic fluctuations.

Negative Factors

Free Cash Flow Decline

A decline in free cash flow growth can limit the company's ability to fund new projects and return capital to shareholders, potentially impacting long-term financial health.

Profit Margin Pressure

Slightly declining profit margins suggest increased cost pressures or competitive pricing, which could affect future profitability if not managed effectively.

Earnings Growth Decline

A decline in earnings per share growth indicates challenges in maintaining profitability, which could affect investor confidence and the company's ability to reinvest in its business.

Vitec Software Group AB Class B Business Overview & Revenue Model

Company Description

Vitec Software Group AB Class B (VIT.B) is a Swedish software company specializing in the development of software solutions for various industries, including media, broadcasting, and public sector organizations. The company operates through multiple business segments, offering products such as media asset management systems, workflow solutions, and digital publishing tools. Vitec is recognized for its commitment to delivering innovative technology that enhances operational efficiency and supports digital transformation for its clients.

How the Company Makes Money

Vitec Software Group AB generates revenue primarily through the sale of software licenses, subscription services, and maintenance contracts. The company has a diverse portfolio of software solutions that cater to specific industry needs, allowing it to attract various clients across sectors. Key revenue streams include one-time license fees for software, recurring revenue from subscription-based models, and ongoing support and maintenance services. Additionally, Vitec often engages in strategic partnerships with other technology providers and industry players to expand its market reach and enhance its product offerings, which contributes positively to its overall earnings.

Vitec Software Group AB Class B Financial Statement Overview

Summary

Vitec Software Group AB Class B shows strong revenue growth and profitability, supported by a stable balance sheet and adequate cash flow generation. However, the decline in free cash flow growth warrants attention.

Income Statement

Vitec Software Group AB Class B has demonstrated strong revenue growth with a TTM (Trailing-Twelve-Months) revenue growth rate of 95.9%, indicating robust expansion. The gross profit margin of 39.28% and net profit margin of 11.13% reflect solid profitability, although slightly lower than previous years. The EBIT and EBITDA margins remain healthy at 17.92% and 37.62%, respectively, showcasing efficient operational management.

Balance Sheet

The company's balance sheet is stable with a manageable debt-to-equity ratio of 0.51, indicating moderate leverage. The return on equity (ROE) is 8.24%, which, while positive, suggests room for improvement in generating returns for shareholders. The equity ratio of 48.37% reflects a solid capital structure, providing a buffer against financial volatility.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by 14.97% TTM, which could be a concern if it persists. However, the operating cash flow to net income ratio of 0.73 and free cash flow to net income ratio of 0.61 indicate that the company is generating sufficient cash relative to its earnings, supporting operational stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.58B	3.33B	2.78B	1.98B	1.57B	1.31B
Gross Profit	1.27B	1.23B	1.05B	1.19B	926.99M	755.25M
EBITDA	1.34B	1.32B	940.05M	620.70M	496.64M	389.25M
Net Income	396.85M	410.10M	339.18M	244.87M	206.94M	160.71M
Balance Sheet
Total Assets	9.70B	10.08B	7.83B	6.32B	3.75B	2.21B
Cash, Cash Equivalents and Short-Term Investments	267.13M	243.55M	171.85M	615.79M	119.85M	134.69M
Total Debt	2.51B	2.54B	2.26B	1.63B	873.76M	616.71M
Total Liabilities	4.85B	5.18B	4.42B	3.11B	1.76B	1.36B
Stockholders Equity	4.84B	4.91B	3.41B	3.21B	1.99B	843.35M
Cash Flow
Free Cash Flow	768.97M	546.46M	341.45M	278.02M	259.83M	263.44M
Operating Cash Flow	1.10B	949.04M	718.40M	563.37M	488.02M	436.33M
Investing Cash Flow	-1.89B	-1.96B	-1.68B	-1.44B	-1.51B	-340.13M
Financing Cash Flow	158.72M	1.10B	489.91M	1.34B	1.02B	38.49M

Vitec Software Group AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 352.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:VIT.B, the sentiment is Negative. The current price of 352.4 is above the 20-day moving average (MA) of 298.27, above the 50-day MA of 306.36, and below the 200-day MA of 386.99, indicating a bearish trend. The MACD of -5.82 indicates Positive momentum. The RSI at 36.73 is Neutral, neither overbought nor oversold. The STOCH value of 23.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:VIT.B.

Vitec Software Group AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENEA	71 Outperform	kr1.68B	15.17	―	―	0.86%	73.68%
FPIP	68 Neutral	kr1.37B	68.19	―	1.92%	-8.38%	-38.17%
VIT.B	62 Neutral	kr11.49B	28.84	8.26%	1.14%	14.41%	-4.45%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
LIME	59 Neutral	kr3.68B	35.47	32.28%	1.41%	11.23%	16.24%
CINT	52 Neutral	kr1.04B	19.91	1.00%	―	-21.66%	―
SEYE	44 Neutral	kr3.20B	-16.81	―	―	10.25%	-698.93%

Vitec Software Group AB Class B Corporate Events

Vitec Software Group Announces 2026 AGM Nomination Committee

Vitec Software Group AB has announced the formation of its nomination committee ahead of the 2026 Annual General Meeting. The committee, representing about 47% of the company’s votes, includes members from SEB Investment Management, Cliens Kapitalförvaltning, and Olov Sandberg, among others. The meeting is scheduled for April 28, 2026, in Umeå, Sweden, and shareholders are invited to submit proposals to the committee by February 6, 2026. This development is part of Vitec’s governance process, potentially impacting its strategic direction and stakeholder engagement.

The most recent analyst rating on ($SE:VIT.B) stock is a Buy with a SEK384.00 price target. To see the full list of analyst forecasts on Vitec Software Group AB Class B stock, see the SE:VIT.B Stock Forecast page.

Vitec Software Group Reports 10% Sales Growth Amid Strategic Acquisition

Vitec Software Group AB Class B reported a 10% increase in net sales to SEK 2,650 million for the period January to September 2025, driven by a 13% rise in recurring revenues. Despite the growth in sales, the company experienced a decrease in EBITA by 6% and a decline in the EBITA margin to 26%. The acquisition of Intergrip was highlighted as a strategic move to bolster its market position. Vitec’s strong cash flow supports its strategy of reinvesting in products and acquisitions, aiming for sustainable long-term growth.

The most recent analyst rating on ($SE:VIT.B) stock is a Buy with a SEK408.00 price target. To see the full list of analyst forecasts on Vitec Software Group AB Class B stock, see the SE:VIT.B Stock Forecast page.

Vitec Software Group to Acquire Own Class B Shares

Vitec Software Group’s Board of Directors has resolved to acquire up to 150,000 of its own class B shares on Nasdaq Stockholm to support its employee share savings programs and manage related social security costs. This strategic move, authorized by the Annual General Meeting, is part of Vitec’s ongoing efforts to enhance its operational framework and stakeholder value, reflecting its commitment to long-term growth and stability.

The most recent analyst rating on ($SE:VIT.B) stock is a Buy with a SEK408.00 price target. To see the full list of analyst forecasts on Vitec Software Group AB Class B stock, see the SE:VIT.B Stock Forecast page.