SOFTWAREONE HOLDING AG |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.9 CHF | +0.51% |
|
-1.74% | -3.54% |
| Apr. 19 | SoftwareOne’s Incoming Chair Welcomes Takeover Bids | MT |
| Apr. 19 | SoftwareOne seen as takeover target after board shake-up, shares rise | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,816 | 4,043 | 3,054 | 2,030 | 2,543 | 2,438 | - | - |
| Enterprise Value (EV) 1 | 3,520 | 3,546 | 2,507 | 1,569 | 2,357 | 2,242 | 2,168 | 2,052 |
| P/E ratio | 30.2 x | 23 x | 25.7 x | -34.5 x | 117 x | 20.1 x | 17 x | 14.8 x |
| Yield | 0.85% | 1.15% | 1.67% | 2.67% | 2.2% | 2.44% | 2.72% | 3.04% |
| Capitalization / Revenue | 0.5 x | 0.53 x | 3.17 x | 2.02 x | 2.51 x | 2.23 x | 2.02 x | 1.83 x |
| EV / Revenue | 0.46 x | 0.47 x | 2.6 x | 1.56 x | 2.33 x | 2.05 x | 1.8 x | 1.54 x |
| EV / EBITDA | 15.7 x | 15.9 x | 11.4 x | 6.53 x | 9.61 x | 8.21 x | 7.06 x | 5.97 x |
| EV / FCF | 18.3 x | 13.8 x | 20.1 x | 35.8 x | 117 x | 17.6 x | 15.3 x | 11.8 x |
| FCF Yield | 5.47% | 7.26% | 4.98% | 2.79% | 0.85% | 5.68% | 6.52% | 8.45% |
| Price to Book | 5.99 x | 5.22 x | 3.57 x | - | 3.99 x | 3.44 x | 3.19 x | 3.04 x |
| Nbr of stocks (in thousands) | 154,198 | 154,310 | 154,565 | 154,857 | 155,065 | 154,119 | - | - |
| Reference price 2 | 24.75 | 26.20 | 19.76 | 13.11 | 16.40 | 15.82 | 15.82 | 15.82 |
| Announcement Date | 3/30/20 | 3/24/21 | 3/3/22 | 3/2/23 | 2/15/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,611 | 7,593 | 964.4 | 1,004 | 1,011 | 1,092 | 1,207 | 1,329 |
| EBITDA 1 | 223.6 | 223.1 | 219.4 | 240.4 | 245.2 | 273.2 | 307.2 | 343.7 |
| EBIT 1 | 172.6 | 167.9 | 164.1 | 181.9 | 179.3 | 214.3 | 243.4 | 268.7 |
| Operating Margin | 2.27% | 2.21% | 17.02% | 18.12% | 17.73% | 19.62% | 20.16% | 20.22% |
| Earnings before Tax (EBT) 1 | 154 | 213.8 | 154.3 | -14 | 62.5 | 165.4 | 184.5 | 191.6 |
| Net income 1 | 125 | 176.8 | 120.1 | -58.3 | 21.4 | 121 | 141.2 | 158.9 |
| Net margin | 1.64% | 2.33% | 12.45% | -5.81% | 2.12% | 11.08% | 11.69% | 11.95% |
| EPS 2 | 0.8200 | 1.140 | 0.7700 | -0.3800 | 0.1400 | 0.7874 | 0.9329 | 1.066 |
| Free Cash Flow 1 | 192.6 | 257.6 | 124.8 | 43.8 | 20.1 | 127.5 | 141.3 | 173.4 |
| FCF margin | 2.53% | 3.39% | 12.94% | 4.36% | 1.99% | 11.67% | 11.7% | 13.04% |
| FCF Conversion (EBITDA) | 86.14% | 115.46% | 56.87% | 18.22% | 8.2% | 46.66% | 46% | 50.45% |
| FCF Conversion (Net income) | 154.08% | 145.7% | 103.88% | - | 93.93% | 105.32% | 100.11% | 109.13% |
| Dividend per Share 2 | 0.2100 | 0.3000 | 0.3300 | 0.3500 | 0.3600 | 0.3858 | 0.4304 | 0.4804 |
| Announcement Date | 3/30/20 | 3/24/21 | 3/3/22 | 3/2/23 | 2/15/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,711 | 3,941 | 3,652 | - | -3,402 | - | - | 514.7 | - | - | 489.4 | 266.9 | 506.3 | 233.4 | 271.6 | 505 | 248.2 | 284.4 | 534.3 | 248.9 | 294.7 | 543.6 | 587.3 | 600.4 |
| EBITDA 1 | 128.6 | 120 | 103.1 | 109.1 | 110.3 | 42.1 | 75.8 | 117.9 | 44.9 | 77.7 | 122.5 | 72.1 | 111.7 | 47.9 | 85.6 | 133.5 | 44.85 | - | - | - | - | - | - | - |
| EBIT | 71.67 | 90.3 | 77.6 | 81.9 | 82.2 | - | - | 89.5 | - | - | 92.4 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | 1.93% | 2.29% | 2.12% | - | -2.42% | - | - | 17.39% | - | - | 18.88% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | 72.23 | 84.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 56.79 | 66.7 | 110.1 | 38.3 | - | - | - | -60.4 | - | - | - | - | - | - | - | -12.4 | - | - | - | - | - | - | - | - |
| Net margin | 1.53% | 1.69% | 3.01% | - | - | - | - | -11.73% | - | - | - | - | - | - | - | -2.46% | - | - | - | - | - | - | - | - |
| EPS | - | - | - | 0.2500 | - | - | - | -0.3900 | - | - | 0.0100 | - | - | - | - | - | - | - | 0.4400 | - | - | 0.4200 | 0.5100 | 0.4800 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/30/20 | 9/16/20 | 3/24/21 | 8/26/21 | 3/3/22 | 5/25/22 | 8/25/22 | 8/25/22 | 12/2/22 | 3/2/23 | 3/2/23 | 8/24/23 | 8/24/23 | 11/15/23 | 2/15/24 | 2/15/24 | - | - | - | - | - | - | - | - |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 296 | 497 | 547 | 461 | 186 | 196 | 270 | 387 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 193 | 258 | 125 | 43.8 | 20.1 | 127 | 141 | 173 |
| ROE (net income / shareholders' equity) | 28% | 25% | 14.7% | - | 15.9% | 19.8% | 21% | 22.8% |
| ROA (Net income/ Total Assets) | 7.78% | 5.79% | 3.69% | - | 3.03% | 3.08% | 3.14% | 3.55% |
| Assets 1 | 1,606 | 3,051 | 3,255 | - | 706 | 3,926 | 4,496 | 4,475 |
| Book Value Per Share 2 | 4.130 | 5.020 | 5.540 | - | 4.110 | 4.600 | 4.960 | 5.200 |
| Cash Flow per Share 2 | 1.420 | 1.780 | 1.020 | 0.5900 | 0.5000 | 1.110 | 1.140 | 2.070 |
| Capex 1 | 21 | 22.8 | 33.3 | 47.3 | 57.2 | 60.8 | 65.1 | 73.7 |
| Capex / Sales | 0.28% | 0.3% | 3.45% | 4.71% | 5.66% | 5.57% | 5.39% | 5.55% |
| Announcement Date | 3/30/20 | 3/24/21 | 3/3/22 | 3/2/23 | 2/15/24 | - | - | - |
1CHF in Million2CHF
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
15.82
CHF
Average target price
17.62
CHF
Spread / Average Target
+11.35%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.54% | 2.67B | |
| -12.23% | 194B | |
| +1.84% | 166B | |
| +2.19% | 153B | |
| +4.34% | 99.85B | |
| +6.66% | 77.56B | |
| +19.09% | 73.55B | |
| -6.99% | 71B | |
| -20.54% | 52.81B | |
| -5.45% | 47.86B |
- Stock Market
- Equities
- SWON Stock
- Financials SoftwareONE Holding AG
