Vitec Software Group AB/Skr VIT B
1D1W1MYTD1Y5YMAX
Capital at risk
About Vitec Software Group AB
Vitec Software Group AB operates within the software industry, focusing on developing and delivering business-critical application software for specific niche verticals. The company's offerings include enterprise solutions tailored for sectors such as real estate, energy, and health, emphasizing the integration of robust features to enhance operational efficiencies. Founded in 1985 and headquartered in Umeå, Sweden, Vitec has expanded its presence across the Nordic region, driving innovation and growth through strategic acquisitions. Its competitive strength lies in providing industry-specific software solutions that cater to the unique demands of its clients, maintaining relevance through continuous adaptation and customer-centric developments.
- Ticker
- Skr VIT B
- Sector
- Software & Cloud Services
- Primary listing
- XSTO
- Employees
- 1,870
- Headquarters
- Umeå, Sweden
- Website
- www.vitecsoftware.com
VIT B Metrics
BasicAdvanced
kr 10B
21.90
kr 11.71
0.84
kr 3.62
1.44%
Price and volume
Market cap
kr 10B
Beta
0.84
52-week high
kr 383.20
52-week low
kr 212.00
Average daily volume
92K
Dividend rate
kr 3.62
Financial strength
Current ratio
0.768
Quick ratio
0.616
Long term debt to equity
0.722
Total debt to equity
0.747
Dividend payout ratio (TTM)
30.92%
Interest coverage (TTM)
6.33%
Profitability
EBITDA (TTM)
1,126.049
Gross margin (TTM)
48.09%
Net profit margin (TTM)
12.13%
Operating margin (TTM)
19.78%
Effective tax rate (TTM)
23.68%
Revenue per employee (TTM)
kr 2,050,000
Management effectiveness
Return on assets (TTM)
4.42%
Return on equity (TTM)
9.44%
Valuation
Price to earnings (TTM)
21.903
Price to revenue (TTM)
2.655
Price to book
2.02
Price to tangible book (TTM)
-2.1
Price to free cash flow (TTM)
15.056
Free cash flow yield (TTM)
6.64%
Free cash flow per share (TTM)
17.03
Dividend yield (TTM)
1.41%
Forward dividend yield
1.44%
Growth
Revenue change (TTM)
13.28%
Earnings per share change (TTM)
17.06%
3-year revenue growth (CAGR)
16.52%
10-year revenue growth (CAGR)
18.32%
3-year earnings per share growth (CAGR)
12.50%
10-year earnings per share growth (CAGR)
16.44%
3-year dividend per share growth (CAGR)
17.30%
10-year dividend per share growth (CAGR)
15.12%
Bulls say / Bears say
Net sales rose 15% year-over-year to SEK 935 million in Q2, driven by a balanced mix of organic growth (4.4%) and acquisitions (11%), underscoring the effectiveness of Vitec’s dual growth strategy. (Investing.com, MFN.se)
Recurring revenue accounted for 85% of total Q2 sales—growing 12% year-over-year to SEK 801 million—providing strong revenue visibility and underpinning predictable, subscription-based cash flows. (Investing.com, MFN.se)
Vitec maintained a robust EBITA margin of 29% in Q2 and expanded its cash EBIT margin to 25%, reflecting scalable operating leverage within its decentralized, niche-vertical business model. (MFN.se)
Organic subscription revenue growth slowed to 4.4% in Q2, below the roughly 7% run-rate implied by management’s long-term targets, as CPI-linked price increases have largely been realized, potentially capping future organic expansion. (Investing.com)
Vitec’s share price continues to trade near its 52-week low—hovering just 4.3% above SEK 214.40—despite consistent operational performance, highlighting investor skepticism about the sustainability of growth and valuation compression in the software sector. (Investing.com)
Rapid acquisition activity contributed 11% of Q2 sales growth, but the integration of recent deals such as Autonet B.V. and Infometric AB heightens execution and cultural-alignment risks that could strain resources and dilute focus on organic priorities. (Investing.com, Vitec)
Data summarised monthly by Lightyear AI. Last updated on 27 Aug 2026.
Upcoming events
Funds containing VIT B
AllEURGBPUSD
Fund name | Fund size | Skr VIT B weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.06% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.06% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.01% |
iShares MSCI World Small Cap£WLDS | £6.7B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.