Goodtech
Research Goodtech (GOD) on Bullrun: valuation model: 9.0% undervalued, market cap NOK 413.37M, P/E 9.9, dividend yield 3.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerGOD
- ExchangeOL
- CountryNorway
- SectorIndustrials
- IndustryEngineering & Construction
- CurrencyNOK
- Valuation signal9.0% undervalued
- Market capNOK 413.37M
- P/E9.9
- Dividend yield3.8%
- Financial periodQ2 2026
- RevenueNOK 171.70M
- Net incomeNOK 7.30M
- Free cash flow-NOK 10.50M
- Gross margin76.9%
Valuation Snapshot
Bullrun's latest valuation model marks Goodtech as 9.0% undervalued; latest market cap is NOK 413.37M; P/E is 9.9; dividend yield is 3.8%.
Peer valuation comparison
Latest P/E is 9.92x versus a Industrials sector median of 20.76x (52.2% below).
Latest dividend yield is 3.76% versus a Industrials sector median of 2.39% (57.3% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | NOK 724.10M | NOK 19.00M | n/a | 72.1% | n/a | NOK 127.00M | NOK 63.00M | NOK 277.00M |
| FY2024 | NOK 714.80M | -NOK 25.30M | n/a | 74.2% | -0.88 | NOK 110.80M | NOK 60.70M | NOK 262.80M |
| FY2023 | NOK 726.80M | NOK 8.10M | n/a | 63.2% | 0.29 | NOK 104.40M | n/a | NOK 280.30M |
| FY2022 | NOK 507.80M | -NOK 1.50M | NOK 17.55M | 47.6% | n/a | NOK 84.40M | n/a | NOK 258.90M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-24 | NOK 413.37M | 9.9 | 3.6% | 0.5 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.5 NOK, yield 3.8%.
About Goodtech
Goodtech ASA provides control systems, digitization, and production optimization services for the manufacturing industry in Norway, Sweden, the United States, Japan, Demark, Chile, and internationally.
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Frequently asked questions
Is Goodtech overvalued or undervalued?
Bullrun's valuation model currently marks Goodtech as 9.0% undervalued.
What is Goodtech's market cap?
Goodtech's market capitalization is NOK 413.37M.
What is Goodtech's P/E ratio?
Goodtech's price-to-earnings (P/E) ratio is 9.9.
Does Goodtech pay a dividend?
Goodtech has a dividend yield of 3.8%.
What does Goodtech do?
Goodtech ASA provides control systems, digitization, and production optimization services for the manufacturing industry in Norway, Sweden, the United States, Japan, Demark, Chile, and internationally.