Ecit AS (OSL:ECIT) PEG Ratio : 1.09 (As of May. 15, 2024)

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What is Ecit AS PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Ecit AS's PE Ratio without NRI is 28.32. Ecit AS's 5-Year EBITDA growth rate is 25.90%. Therefore, Ecit AS's PEG Ratio for today is 1.09.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

The historical rank and industry rank for Ecit AS's PEG Ratio or its related term are showing as below:

OSL:ECIT' s PEG Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.09 Max: 1.15
Current: 1.09

During the past 6 years, Ecit AS's highest PEG Ratio was 1.15. The lowest was 1.02. And the median was 1.09.

OSL:ECIT's PEG Ratio is ranked better than
65.98% of 776 companies
in the Software industry
Industry Median: 1.595 vs OSL:ECIT: 1.09

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.

Ecit AS PEG Ratio Historical Data

The historical data trend for Ecit AS's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ecit AS PEG Ratio Chart

Ecit AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PEG Ratio

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1.21

Ecit AS Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PEG Ratio	Get a 7-Day Free Trial														-	-	-	1.21	-

Competitive Comparison of Ecit AS's PEG Ratio

For the Information Technology Services subindustry, Ecit AS's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ecit AS's PEG Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Ecit AS's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Ecit AS's PEG Ratio falls into.

Ecit AS PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Ecit AS's PEG Ratio for today is calculated as

PEG Ratio	=	PE Ratio without NRI	/	5-Year EBITDA Growth Rate*
	=	28.319327731092	/	25.90
	=	1.09

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Ecit AS (OSL:ECIT) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

Ecit AS PEG Ratio Related Terms

Thank you for viewing the detailed overview of Ecit AS's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecit AS (OSL:ECIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ecit AS (OSL:ECIT) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

3CZ:Germany

Address

Rolfsbuktveien 4A, Fornebu, NOR, 1364

Website

https://www.ecit.com

Ecit AS provides services within key business areas of IT, Finance & Accounting and Tech across sectors and industries. The company has a model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. The group's business operations are carried out by three divisions: IT, Finance & Accounting, and Tech. The Finance & Accounting division improves customers' efficiency through delivering administrative services in a productive way along with being a key revenue driver for the company.

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