Employees: 285
Size Pexip (PEXIP.OL) is a Norway Information Technology company (Packaged Software) with a market value of $722M, the 73rd largest of 115 Norway companies the cockpit tracks. Shares closed at NOK 65.70 on 6 Nov 2026.
Performance Over six months the shares fell 17.6%, against -6.1% for the median peer and +2.7% for the Norway market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 9.2% over the last twelve months (peer median -1.7%); the operating margin is 26.4% (peer median 2.6%).
Valuation It trades at 21.4× forward earnings against a peer median of 21.7× (6th cheapest of 12).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 18.8 points above its cost of capital (6.6% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NOK 1.30B | NOK 1.23B | NOK 1.12B | NOK 994M | NOK 867M |
| Revenue growth | — | +10% | +13% | +15% | — |
| Gross profit | NOK 385M | NOK 384M | NOK 245M | NOK 89.0M | -NOK 124M |
| EBITDA | NOK 396M | NOK 316M | NOK 204M | NOK 113M | -NOK 184M |
| Net income | NOK 276M | NOK 208M | NOK 118M | -NOK 79.8M | -NOK 262M |
| Free cash flow | NOK 410M | NOK 387M | NOK 225M | NOK 159M | -NOK 208M |
| Capital expenditure | NOK 48.3M | NOK 39.2M | NOK 46.3M | NOK 51.2M | NOK 54.3M |
| Total debt | NOK 38.0M | NOK 49.7M | NOK 63.6M | NOK 49.8M | NOK 88.1M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PEXIP.OL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.6% | +2.0% | 3rd lowest of 21 |
| 6-month return | -17.6% | -6.1% | 8th lowest of 21 |
| Distance from 52-week high | -23.5% | -40.9% | 8th highest of 21 |
| Revenue growth (TTM) | +9.2% | -1.7% | 10th highest of 21 |
| Operating margin | 26.4% | 2.6% | 3rd highest of 21 |
| Forward P/E | 21.4× | 21.7× | 6th cheapest of 12 |
| Growth the price implies (Req g, 7 yrs) | -0.3% | 11.3% | 3rd least demanding of 14 |
| Growth delivered (Del g) | +12.6% | +11.1% | 6th highest of 14 |
| Hurdle (Req g minus delivered) | -12.9 pp | -4.0 pp | 6th least demanding of 14 |
| ROIC minus cost of capital | +18.8 pp | -5.0 pp | 3rd highest of 18 |
| EV / EBITDA | 16.3× | 10.8× | 2nd most expensive of 9 |
| Net debt / EBITDA | -0.6× | 0.6× | 5th least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Pexip PEXIP.OL | Norway | $722M | -18% | +9% | 26% | 21.4× | -0.3% | +12.6% |
| Similarweb SMWB | United States | $724M | +141% | +10% | -2% | 29.0× | 28.2% | +24.8% |
| CaoCao 2643.HK | Hong Kong | $725M | -59% | +38% | -3% | n/a | n/a | n/a |
| Asseco Business Solutions ABS.WA | Poland | $728M | -6% | +15% | 33% | 17.5× | 3.8% | +11.1% |
| New Trend International Logis-Tech 300532.SZ | China | $728M | -7% | +56% | 7% | n/a | n/a | n/a |
| Docebo DCBO.TO | Canada | $732M | +44% | +11% | 9% | 17.4× | 14.1% | +32.1% |
| IRESS IRE.AX | Australia | $739M | -4% | -14% | 17% | 12.8× | 10.2% | +0.5% |
| Shenzhen Tianyuan DIC Information Technology 300047.SZ | China | $743M | -32% | +14% | 1% | n/a | n/a | n/a |
| Beijing Supermap Software 300036.SZ | China | $744M | -33% | -24% | -21% | n/a | 30.5% | -1.2% |
| Sichuan Jiuyuan Yinhai Software 002777.SZ | China | $746M | -22% | -13% | 4% | 46.9× | 31.2% | +1.3% |
| AhnLab 053800.KS | South Korea | $696M | +57% | +10% | 13% | n/a | 4.5% | +8.5% |
| SGSG Science & Technology Co., Ltd. Zhuhai 300561.SZ | China | $749M | -14% | +13% | -40% | n/a | n/a | n/a |
| Truecaller TRUE-B.ST | Sweden | $750M | +69% | -16% | 19% | 24.7× | 11.3% | +31.2% |
| Enghouse Systems ENGH.TO | Canada | $695M | +1% | -5% | 19% | 13.8× | -14.5% | -0.2% |
| UBISOFT Entertainment UBI.PA | France | $692M | -15% | -27% | -87% | n/a | n/a | n/a |
| Lectra LSS.PA | France | $754M | +10% | -6% | 6% | 21.7× | 12.6% | +16.5% |
| Linewell Software 603636.SS | China | $755M | -2% | -42% | -111% | 22.4× | 16.4% | -11.5% |
| WingArc1st 4432.T | Japan | $755M | +29% | +15% | 30% | 15.4× | -7.6% | +11.1% |
| Sunyard Technology 600571.SS | China | $690M | -22% | +1% | -1% | n/a | n/a | n/a |
| Genew Technologies 688418.SS | China | $688M | -49% | -12% | -22% | 26.8× | n/a | n/a |
| Shenzhen Bingchuan Network 300533.SZ | China | $763M | -18% | -5% | -10% | n/a | 4.7% | +46.0% |