Crayon Group Holding ASA (CRAYF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Crayon Group Holding ASA (CRAYF) trades at $13.85 with AI Score 52/100 (Grade B). Crayon Group Holding ASA (CRAYF) is a leading IT advisory firm specializing in software and digital transformation services, headquartered in Oslo, Norway. Market cap: $1.24B, Sector: Technology.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for CRAYF: CRAYF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CRAYF against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
CRAYF: 3/6 perspectives are bullish. Dominant signal: Jim Simons bullish.
How is this calculated? →Crayon Group Holding ASA (CRAYF) Technology Profile & Competitive Position
Crayon Group Holding ASA is a prominent IT advisory company that excels in software and digital transformation services, leveraging its expertise in cloud solutions and IT asset management to serve clients across the Nordics, Europe, Asia-Pacific, the Middle East, Africa, and the United States.
What Is the Investment Thesis for CRAYF?
Crayon Group Holding ASA presents a compelling investment thesis driven by its strong market position in the IT advisory sector, particularly in cloud services. With a current market capitalization of $1.24B and a high gross margin of 88.8%, the company is well-positioned to capitalize on the growing demand for digital transformation solutions. The ongoing shift towards cloud computing is expected to drive revenue growth, particularly in its Software & Cloud Direct and Consulting segments. Additionally, the company's focus on software asset management and optimization services positions it to benefit from businesses seeking to maximize their IT investments. However, potential risks include the high P/E ratio of 143.3, which may indicate overvaluation, and the competitive landscape that could impact market share. Overall, Crayon's strategic initiatives and operational efficiencies are key value drivers that could enhance shareholder value in the coming years.
Based on FMP financials and quantitative analysis
CRAYF Key Highlights
- Market Cap of $1.24B indicates a solid valuation in the IT advisory sector.
- Gross Margin of 88.8% reflects strong operational efficiency and pricing power.
- Profit Margin of 2.5% suggests room for improvement in cost management.
- P/E Ratio of 143.3 highlights investor expectations for future growth.
- A workforce of 4,119 employees enables robust service delivery across multiple regions.
Who Are CRAYF's Competitors?
CRAYF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ACN Accenture plc | $137.29 | -0.04% | $84.01B | 79 |
| IBM International Business Machines Corporation | $298.01 | +2.93% | $280.10B | 60 |
| DNB Dun & Bradstreet Holdings, Inc. | $9.15 | +0.44% | $4.08B | 52 |
| WIT Wipro Limited | $1.84 | -2.65% | $19.30B | 43 |
| CNS Cohen & Steers, Inc. | $80.07 | +1.91% | $4.12B | 42 |
| IAIC Information Analysis Incorporated | $4.28 | +12.34% | $81.86M | 66 |
| DVLT Datavault AI Inc. | $0.38 | -1.22% | $107.35M | 65 |
| NYAX Nayax Ltd. | $71.97 | +2.49% | $2.63B | 62 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CRAYF's Key Strengths?
- Strong gross margin of 88.8%, indicating operational efficiency.
- Diverse service offerings catering to various aspects of IT advisory.
- Established presence in multiple geographic regions.
- Experienced leadership team with a track record in IT services.
What Are CRAYF's Weaknesses?
- Profit margin of 2.5% suggests potential challenges in cost management.
- High P/E ratio of 143.3 may indicate overvaluation concerns.
- Dependence on the Nordic market for a significant portion of revenue.
- Limited brand recognition compared to larger competitors.
What Could Drive CRAYF Stock Higher?
- Continued expansion into the Asia-Pacific region, targeting new clients and markets.
- Increased demand for cloud migration services as businesses accelerate digital transformation.
- Development of innovative AI solutions to enhance data analytics offerings.
- Launch of new training programs for software and IT asset management.
- Strategic partnerships with leading technology providers to enhance service offerings.
What Are the Key Risks for CRAYF?
- Financial-distress signal — its Altman Z-Score of 0.97 sits in the distress zone (elevated bankruptcy risk).
- Rich valuation — a P/E of 143.3 runs well above the Technology sector’s ~38x, leaving little room for a miss.
- Economic downturns could lead to reduced IT spending by clients.
- Intense competition from larger IT advisory firms may impact market share.
- Rapid technological changes could require continuous adaptation of services.
- Regulatory changes affecting cloud services may pose compliance challenges.
What Are the Growth Opportunities for CRAYF?
- Growth opportunity 1: The global cloud services market is expected to reach $832.1 billion by 2025, driven by increased adoption of cloud solutions. Crayon's expertise in cloud migration and optimization positions it to capture a significant share of this growing market, particularly through its Software & Cloud Direct and Consulting segments, which are tailored to meet the evolving needs of enterprises.
- Growth opportunity 2: The demand for IT asset management is on the rise, as organizations seek to optimize their software investments. Crayon's Software & Cloud Economics segment focuses on license optimization and governance, providing clients with the tools needed to manage their IT assets effectively. This segment is projected to grow as companies increasingly prioritize cost management and efficiency.
- Growth opportunity 3: With the proliferation of data and the increasing importance of AI solutions, Crayon's data platform and AI solutions services are well-positioned for growth. As businesses look to leverage data analytics for decision-making, Crayon can capitalize on this trend by offering tailored solutions that enhance data accessibility and usability.
- Growth opportunity 4: The ongoing digital transformation across various industries presents Crayon with opportunities to expand its consulting services. By providing tailored advisory services that address specific industry challenges, Crayon can enhance its value proposition and attract new clients seeking expert guidance in navigating their digital journeys.
- Growth opportunity 5: Expansion into emerging markets in the Asia-Pacific and Africa regions presents a significant growth opportunity for Crayon. As these regions continue to develop their IT infrastructure, Crayon can leverage its expertise to establish a foothold and capture market share, driving revenue growth in the coming years.
What Opportunities Does CRAYF Have?
- Growing demand for cloud services presents significant revenue potential.
- Expansion into emerging markets can drive future growth.
- Increasing focus on IT asset management and optimization services.
- Potential for growth in AI and data analytics solutions.
What Threats Does CRAYF Face?
- Intense competition from established IT consulting firms.
- Rapid technological changes requiring continuous adaptation.
- Economic downturns may impact client IT spending.
- Regulatory changes affecting cloud services and data management.
What Are CRAYF's Competitive Advantages?
- Strong expertise in cloud migration and optimization services.
- Established reputation as a trusted IT advisory partner.
- Diverse service offerings that cater to various client needs.
- Geographic presence in multiple regions enhances market reach.
- Ability to provide tailored solutions based on industry-specific challenges.
What Does CRAYF Do?
Founded in Oslo, Norway, Crayon Group Holding ASA has established itself as a key player in the IT advisory sector, focusing on software and digital transformation services. The company operates through four main segments: Software & Cloud Direct, Software & Cloud Channel, Software & Cloud Economics, and Consulting. Over the years, Crayon has evolved to meet the increasing demand for cloud services, offering a comprehensive suite of solutions that include cloud migration assessments, IT governance, software optimization, and data platform services. The company is recognized for its ability to assist businesses in modernizing their IT infrastructure and optimizing their software assets. With a workforce of 4,119 employees, Crayon has expanded its operations beyond Norway to include significant markets in Europe, the Asia-Pacific region, the Middle East, Africa, and the United States. This geographical diversification allows Crayon to tap into various markets and cater to a wide array of clients, from small businesses to large enterprises. The company's commitment to innovation and excellence in service delivery positions it favorably within the competitive landscape of IT advisory services, making it a trusted partner for organizations seeking to navigate the complexities of digital transformation.
What Products and Services Does CRAYF Offer?
- Provide IT advisory services focused on software and digital transformation.
- Offer cloud migration assessment and advisory services to clients.
- Deliver software asset management and optimization solutions.
- Support clients with data platform and AI solutions.
- Conduct training services for software and IT asset management.
- Assist in modern workplace migration and adoption.
How Does CRAYF Make Money?
- Generate revenue through consulting fees for IT advisory services.
- Earn income from software and cloud optimization services.
- Provide training services for software and IT asset management.
- Leverage cloud migration assessments to attract new clients.
- Offer ongoing support and advisory services to maintain client relationships.
What Industry Does CRAYF Operate In?
The Information Technology Services industry is experiencing rapid growth, driven by the increasing demand for digital transformation and cloud-based solutions. As organizations strive to enhance operational efficiency and agility, IT advisory firms like Crayon Group Holding ASA are positioned to thrive. The global cloud services market is projected to grow significantly, creating opportunities for companies specializing in cloud migration and optimization. Crayon's diverse service offerings and geographic reach enable it to compete effectively against established players in the industry, positioning it as a valuable partner for businesses undergoing digital transformation.
Who Are CRAYF's Key Customers?
- Serve a diverse range of clients, including small to large enterprises.
- Work with organizations across various sectors, including finance, healthcare, and manufacturing.
- Partner with government agencies for IT advisory and transformation services.
- Engage with educational institutions for software and IT asset management training.
- Support non-profit organizations in optimizing their IT investments.
ROE 3%Key Financial Metrics
Return on equity for Crayon Group Holding ASA stands at 3.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.5%, showing how much profit it generates from its asset base. CRAYF trades at a trailing price-to-earnings ratio of 143.31, above the Technology sector average of ~38x. Its free cash flow yield is 14.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.98 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.7%, the inverse of the P/E and a quick read on earnings relative to price.
Crayon Group Holding ASA (CRAYF) Valuation Context
Valued at $1.24B, CRAYF is classified as a small-cap stock. Relative to its peer group, CRAYF's quantitative score of 52/100 is roughly in line with the peer average of 55/100.
Company Profile
Crayon Group Holding ASA operates in the Information Technology Services industry within the Technology sector. It is headquartered in Oslo, NO. The company is led by CEO Rune Syversen. CRAYF has traded publicly since 2020.
F-Score 6/9Financial Health
Crayon Group Holding ASA's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.97 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Crayon Group Holding ASA revenue of about $9.33B for fiscal 2026, with EPS near $9.78. The estimate reflects 3 contributing analysts.
CRAYF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- La reciente actividad de los insiders muestra un aumento en las compras de acciones, lo que sugiere confianza en el futuro de la empresa.
- Las opiniones en la comunidad han sido mayormente positivas, destacando la innovación y el potencial de crecimiento de Crayon en el sector tecnológico.
- El enfoque de la empresa en la sostenibilidad y las soluciones digitales ha resonado bien con los inversores conscientes del medio ambiente.
- Las colaboraciones recientes con empresas líderes en tecnología han fortalecido la percepción de Crayon como un jugador clave en el mercado.
Bear Case
- A pesar del optimismo, algunos analistas han expresado preocupaciones sobre la competencia creciente en el sector de servicios digitales.
- La volatilidad del mercado global podría afectar negativamente la demanda de los servicios de Crayon, especialmente en tiempos económicos inciertos.
- Se ha observado un aumento en las críticas sobre la falta de diversificación en su cartera de productos, lo que podría limitar su crecimiento futuro.
- La percepción de que la empresa podría enfrentar desafíos regulatorios en ciertos mercados ha generado dudas entre los inversores.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
CRAYF Latest News
No recent news available for CRAYF.
CRAYF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CRAYF.
Price Targets
Wall Street price target analysis for CRAYF.
CRAYF MoonshotScore
What does this score mean?
The MoonshotScore rates CRAYF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Rune Syversen
CEO
Rune Syversen has an extensive background in the IT industry, having held various leadership roles prior to becoming the CEO of Crayon Group Holding ASA. With a strong focus on technology and business transformation, he has been instrumental in driving the company's growth and strategic direction. Rune holds a degree in Computer Science and has over two decades of experience in IT consulting and advisory services.
Track Record: Under Rune Syversen's leadership, Crayon has expanded its service offerings and geographic reach, successfully positioning the company as a leader in IT advisory services. His strategic initiatives have led to increased revenue growth and enhanced operational efficiencies.
CRAYF OTC Market Information
The OTC Other tier includes securities that may not meet the stringent requirements of the NYSE or NASDAQ but are still publicly traded. Companies in this tier often have less liquidity and may be subject to less regulatory oversight, making them higher risk investments compared to those listed on major exchanges.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity may result in difficulty executing large trades without impacting the stock price.
- Less stringent reporting requirements may lead to less transparency in financial performance.
- Higher volatility compared to stocks on major exchanges due to lower trading volumes.
- Potential for wider bid-ask spreads, increasing transaction costs for investors.
- Verify the company's financial health through available reports and metrics.
- Assess the competitive landscape and market positioning.
- Evaluate the management team's experience and track record.
- Review recent news and developments related to the company.
- Consider the overall market conditions affecting the IT advisory sector.
- Established presence in multiple global markets.
- Strong operational metrics such as high gross margins.
- Recognition as a trusted partner by various client segments.
- Experienced leadership team with a proven track record.
Crayon Group Holding ASA Technology Stock: Key Questions Answered
What does Crayon Group Holding ASA do?
Crayon Group Holding ASA is an IT advisory company specializing in software and digital transformation services. The company provides a range of solutions including cloud migration assessments, IT governance, software optimization, and data platform services. With operations across multiple regions, Crayon helps organizations modernize their IT infrastructure and optimize their software assets.
What do analysts say about CRAYF stock?
Analysts recognize Crayon Group Holding ASA's strong market position in the IT advisory sector, particularly in cloud services. The company's high gross margin of 88.8% and ongoing demand for digital transformation solutions are seen as positive indicators. However, the high P/E ratio of 143.3 raises concerns about valuation, suggesting that investors should closely monitor the company's performance and market trends.
What are the main risks for CRAYF?
Crayon Group Holding ASA faces several risks, including potential economic downturns that could lead to reduced IT spending by clients. The company also contends with intense competition from larger IT advisory firms, which may impact its market share. Additionally, rapid technological changes require continuous adaptation of services, while regulatory changes affecting cloud services may pose compliance challenges.
What are the key factors to evaluate for CRAYF?
Crayon Group Holding ASA (CRAYF) holds an AI score of 52/100 (moderate). P/E: 143.3x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does CRAYF data refresh on this page?
CRAYF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CRAYF's recent stock price performance?
Crayon Group Holding ASA (CRAYF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong gross margin of 88.8%, indicating operational efficiency. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CRAYF overvalued or undervalued right now?
Crayon Group Holding ASA (CRAYF) trades at 143.3x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying CRAYF?
Before investing in Crayon Group Holding ASA (CRAYF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data may not be comprehensive due to OTC classification and disclosure status.