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Added to YB: 2026-10-14

Pitch date: 2026-10-11

VIT-B.ST [bullish]

Vitec Software Group AB (publ)

+3.86%

current return

Author Info

No bio for this author

Company Info

Vitec Software Group AB (publ) develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.

Market Cap

SEK 11.1B

Pitch Price

SEK 280.00

Price Target

N/A

Dividend

1.32%

EV/EBITDA

11.96

P/E

23.90

EV/Sales

3.75

Sector

Software

Category

growth

Show full summary:
Top 5 European Stocks October 2026 - Vitec Software Group AB

VIT-B.ST (hold): Vitec’s mission-critical vertical software portfolio, which the market sees as threatened by AI, is accelerating while the shares are down 18% since January. Q2 revenue rose 15%, recurring revenue 12% and cash EBIT 18%, with a 25% margin; the ~22x trailing P/E understates cash economics because acquired-intangible amortization depresses earnings. The weak point is 4% organic growth — below 3% would weaken the acquisition-led model — alongside 2.0x net debt/EBITDA and low liquidity.

Read full article (2 min)