Financials Software AG Xetra

Equities

SOW

DE000A2GS401

Software

Delayed Xetra 11:36:27 2024-02-23 am EST 5-day change 1st Jan Change
37.1 EUR +0.27% Intraday chart for Software AG -.--% +2.77%

Valuation

Fiscal Period: December 2024 2025
Capitalization 1 2,631 -
Enterprise Value (EV) 1 2,826 2,746
P/E ratio - -
Yield - -
Capitalization / Revenue 2.52 x 2.37 x
EV / Revenue 2.71 x 2.48 x
EV / EBITDA 16.6 x 13 x
EV / FCF 51.1 x 34.3 x
FCF Yield 1.96% 2.92%
Price to Book - -
Nbr of stocks (in thousands) 74,000 -
Reference price 2 35.60 35.60
Announcement Date - -
1EUR in Million2
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 890.6 834.8 833.8 958.2 1,000 1,043 1,109
EBITDA 1 274.6 192.1 178.2 161.3 208.7 170 212
EBIT 1 260.3 177 163.8 178.5 196.3 107 145
Operating Margin 29.23% 21.2% 19.64% 18.63% 19.62% 10.26% 13.07%
Earnings before Tax (EBT) 1 215.1 133.6 117.8 65.11 39.2 199.1 -
Net income 1 155 95.71 83.86 18.98 -5.2 75 101
Net margin 17.4% 11.46% 10.06% 1.98% -0.52% 7.19% 9.11%
EPS - - - - - - -
Free Cash Flow 1 145.8 104.3 107.2 4.934 -10.99 55.3 80.1
FCF margin 16.37% 12.5% 12.86% 0.51% -1.1% 5.3% 7.22%
FCF Conversion (EBITDA) 53.1% 54.3% 60.16% 3.06% - 32.53% 37.78%
FCF Conversion (Net income) 94.08% 109.02% 127.83% 25.99% - 73.73% 79.31%
Dividend per Share - - - - - - -
Announcement Date 1/29/20 1/27/21 1/27/22 2/1/23 1/30/24 - -
1EUR in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 198 234.6 206 226.9 221.4 303.8 210.6 248.4 228.7 312.6
EBITDA 1 - - - - - - - - - 66.2
EBIT 1 33.3 45.2 40.9 49.4 29.9 58.3 23.6 54.3 58.5 59.8
Operating Margin 16.82% 19.27% 19.85% 21.77% 13.5% 19.19% 11.21% 21.86% 25.58% 19.13%
Earnings before Tax (EBT) - - 25.51 - - - 1.45 - - -
Net income 1 - - 17.63 - - - 0.859 5.236 16.41 -27.7
Net margin - - 8.56% - - - 0.41% 2.11% 7.17% -8.86%
EPS - - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 10/21/21 1/27/22 4/27/22 7/27/22 10/27/22 2/1/23 4/27/23 7/24/23 10/26/23 1/30/24
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - 240 303 195 115
Net Cash position 1 223 227 277 - - - -
Leverage (Debt/EBITDA) - - - 1.488 x 1.451 x 1.147 x 0.5425 x
Free Cash Flow 1 146 104 107 4.93 -11 55.3 80.1
ROE (net income / shareholders' equity) 14.5% 7.17% 6.1% 1.29% -0.35% 4.8% 6.1%
ROA (Net income/ Total Assets) 9.12% 4.61% 3.94% 0.77% - - -
Assets 1 1,699 2,078 2,131 2,450 - - -
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex 1 10 9.48 11.2 13.5 9.65 73 77.6
Capex / Sales 1.12% 1.13% 1.34% 1.41% 0.96% 7% 7%
Announcement Date 1/29/20 1/27/21 1/27/22 2/1/23 1/30/24 - -
1EUR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Quarterly revenue - Rate of surprise