Vitec Software Group AB (publ)

Vitec Software Group AB (publ)verified

VIT-B.ST

Price:

$482.6

Market Cap:

$18.00B

Vitec Software Group AB (publ) develops and delivers vertical market software in Sweden, Denmark, Finland, Norway, and internationally. The company offers software for municipal culture and recreation administration offices, as well as other visitor facilities; healthcare companies; church activities; banking and finance industry; information management within the process industry and energy companies; social services sector; automotive, transportation, and machinery industry; local associations and national organizations; construction and property management industry; pharmacy market; car dealers and auto repair shops; electricity traders, and owners of electricity and district heating grid...[Read more]

Industry

Software - Application

IPO Date

2004-10-04

Stock Exchange

STO

Ticker

VIT-B.ST

The ROE as of November 2024 (TTM) for Vitec Software Group AB (publ) (VIT-B.ST) is 10.25%

According to Vitec Software Group AB (publ)’s latest financial reports and current stock price. The company's current ROE is 10.25%. This represents a change of 296.68% compared to the average of 2.58% of the last 4 quarters.

Vitec Software Group AB (publ) (VIT-B.ST) Historical ROE (quarterly & annually)

How has VIT-B.ST ROE performed in the past?

The mean historical ROE of Vitec Software Group AB (publ) over the last ten years is 16.26%. The current 10.25% ROE has changed -36.96% with respect to the historical average. Over the past ten years (40 quarters), VIT-B.ST's ROE was at its highest in in the December 2015 quarter at 9.27%. The ROE was at its lowest in in the December 2019 quarter at 2.11%.

Quarterly (TTM)
Annual

Average

16.26%

Median

16.67%

Minimum

7.63%

Maximum

28.80%

Vitec Software Group AB (publ) (VIT-B.ST) ROE by Quarter and Year

Discovering the peaks and valleys of Vitec Software Group AB (publ) ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 52.67%

Maximum Annual ROE = 28.80%

Minimum Annual Increase = -45.40%

Minimum Annual ROE = 7.63%

Quarterly (TTM)
Annual
YearROEChange
20239.95%30.47%
20227.63%-26.67%
202110.40%-45.40%
202019.06%41.65%
201913.45%-7.05%
201814.47%-27.44%
201719.95%-0.22%
201619.99%-30.57%
201528.80%52.67%
201418.86%5.83%

Vitec Software Group AB (publ) (VIT-B.ST) Average ROE

How has VIT-B.ST ROE performed in the past?

The current ROE of Vitec Software Group AB (publ) (VIT-B.ST) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.33%

5-year avg

12.10%

10-year avg

16.26%

Vitec Software Group AB (publ) (VIT-B.ST) ROE vs. Peers

How is VIT-B.ST’s ROE compared to its peers?

Vitec Software Group AB (publ)’s ROE is less than Lifco AB (publ) (19.87%), less than Lagercrantz Group AB (publ) (26.67%), less than Addtech AB (publ.) (28.35%), less than Instalco AB (publ) (15.20%), less than AddLife AB (publ) (2.30%),

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