Atea ASA (ATEAY) Stock

About Atea ASA

Established in 1968 and headquartered in Oslo, Norway, Atea ASA specializes in delivering comprehensive IT infrastructure and associated services. The company caters to both private enterprises and public sector entities across the Nordic and Baltic territories. Its diverse offerings encompass hardware and software solutions designed for information storage and management, alongside advanced tools for optimizing, automating, and securing data center operations through virtualization. Atea also furnishes end-user hardware, software, and support, meticulously customized to align with specific user demands, application needs, security protocols, network setups, and computing environments. Furthermore, the firm supplies networking hardware and software, complemented by services aimed at streamlining client communications. They also facilitate enhanced collaboration via conferencing, knowledge-sharing platforms, and various digital productivity tools. The company further develops integrated digital workplace solutions, providing the necessary devices and software for employees to conduct tasks, access data and applications, and engage effectively. Completing its extensive suite are information governance solutions, IT asset lifecycle management, and a full spectrum of professional and managed IT services.

Atea ASA is headquartered in NO.

Atea ASA (ATEAY) stock trades at $9.63 with a market capitalization of $2.15B. The stock is valued at a price-to-earnings (P/E) ratio of 16.47, price-to-book of 4.80, price-to-sales of 0.48. Over the past 52 weeks the stock has ranged between $6.70 and $9.63, and currently trades at its 52-week high. It pays a dividend yielding 4.15%.

On profitability, Atea ASA generates a return on equity (ROE) of 26.99% — well above the market average, a sign of a high-quality business, return on capital employed of 24.25%, an operating margin of 3.72%, a net profit margin of 2.93%.

Official website: www.atea.com