Techstep ASA
Techstep ASA operates as a mobile technology company in Norway, Sweden, Denmark, and Poland. It offers device lifecycle management; mobile data capture and workflow; mobile device management; procurement, logistics, and lifecycle; and mobile technology consultancy solutions. The company also provides mobile devices and accessories; and device management and security products. Techstep ASA has a s… Read more
Market Cap & Net Worth: Techstep ASA (TECH)
Techstep ASA (OL:TECH) has a market capitalization of $33.97 Million (Nkr387.08 Million) as of March 18, 2026. Listed on the OL stock exchange, this Norway-based company holds position #29578 globally and #174 in its home market, demonstrating a 3.21% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Techstep ASA's stock price Nkr11.25 by its total outstanding shares 34406966 (34.41 Million).
Techstep ASA Market Cap History: 2015 to 2026
Techstep ASA's market capitalization history from 2015 to 2026. Data shows change from $100.93 Million to $33.97 Million (-13.53% CAGR).
Techstep ASA Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Techstep ASA's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.04x
Techstep ASA's market cap is 0.04 times its annual revenue
0.63x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $100.93 Million | $56.41 Million | -$43.09 Million | 1.79x | N/A |
| 2016 | $186.92 Million | $573.50 Million | -$40.45 Million | 0.33x | N/A |
| 2017 | $101.16 Million | $789.47 Million | -$47.77 Million | 0.13x | N/A |
| 2018 | $99.65 Million | $1.06 Billion | $20.68 Million | 0.09x | 4.82x |
| 2019 | $102.37 Million | $1.13 Billion | -$64.33 Million | 0.09x | N/A |
| 2020 | $155.52 Million | $1.14 Billion | -$23.56 Million | 0.14x | N/A |
| 2021 | $110.22 Million | $1.31 Billion | -$102.66 Million | 0.08x | N/A |
| 2022 | $34.73 Million | $1.32 Billion | -$68.61 Million | 0.03x | N/A |
| 2023 | $27.15 Million | $1.09 Billion | -$44.55 Million | 0.02x | N/A |
| 2024 | $41.37 Million | $1.07 Billion | -$45.70 Million | 0.04x | N/A |
Competitor Companies of TECH by Market Capitalization
Companies near Techstep ASA in the global market cap rankings as of March 18, 2026.
Key companies related to Techstep ASA by market ranking:
- Cisco Systems Inc (NASDAQ:CSCO): Ranked #43 globally with a market cap of $309.49 Billion USD.
- Motorola Solutions Inc (NYSE:MSI): Ranked #355 globally with a market cap of $61.87 Billion USD.
- Shandong Zhongji Electrical Equipment Co Ltd (SHE:300308): Ranked #377 globally with a market cap of $58.48 Billion USD ( CN¥429.08 Billion CNY).
- Ciena Corp (NYSE:CIEN): Ranked #480 globally with a market cap of $45.06 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #43 | Cisco Systems Inc | NASDAQ:CSCO | $309.49 Billion | $79.27 |
| #355 | Motorola Solutions Inc | NYSE:MSI | $61.87 Billion | $469.09 |
| #377 | Shandong Zhongji Electrical Equipment Co Ltd | SHE:300308 | $58.48 Billion | CN¥543.00 |
| #480 | Ciena Corp | NYSE:CIEN | $45.06 Billion | $370.05 |
Techstep ASA Historical Marketcap From 2015 to 2026
Between 2015 and today, Techstep ASA's market cap moved from $100.93 Million to $ 33.97 Million, with a yearly change of -13.53%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr33.97 Million | -10.71% |
| 2025 | Nkr38.05 Million | -8.03% |
| 2024 | Nkr41.37 Million | +52.39% |
| 2023 | Nkr27.15 Million | -21.83% |
| 2022 | Nkr34.73 Million | -68.49% |
| 2021 | Nkr110.22 Million | -29.13% |
| 2020 | Nkr155.52 Million | +51.92% |
| 2019 | Nkr102.37 Million | +2.73% |
| 2018 | Nkr99.65 Million | -1.49% |
| 2017 | Nkr101.16 Million | -45.88% |
| 2016 | Nkr186.92 Million | +85.21% |
| 2015 | Nkr100.93 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Techstep ASA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $33.97 Million USD |
| MoneyControl | $33.97 Million USD |
| MarketWatch | $33.97 Million USD |
| marketcap.company | $33.97 Million USD |
| Reuters | $33.97 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.