U.K. Software Potentially Undervalued Companies

Digital Turbine

Market Cap: US$643.7m

Through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs).

Temenos

Market Cap: CHF 4.4b

Develops, markets, and sells integrated banking software systems to banking and other financial services institutions.

KPS

Market Cap: €25.3m

Provides business transformation consulting and process optimization services in retail and consumer goods sectors in Germany, Scandinavia, the United Kingdom, Switzerland, Benelux, Spain, and internationally.

Alten

Market Cap: €2.4b

Operates as an engineering and technology consultancy company in France, North America, Germany, Scandinavia, Benelux, Iberian, Spain, Italy, the United Kingdom, the Asia-Pacific, Switzerland, Eastern Europe, and internationally.

Mensch und Maschine Software

Market Cap: €866.7m

Provides computer aided design, manufacturing, and engineering, product data management, and building information modeling/management solutions in Germany, Austria, Switzerland, the United Kingdom, Italy, France, Hungary, and internationally.

Reply

Market Cap: €4.5b

Provides consulting, system integration, and digital services based on communication channels and digital media in Italy and internationally.

HubSpot

Market Cap: US$27.4b

Provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific.

Reply

Market Cap: €4.5b

Provides consulting, system integration, and digital services based on communication channels and digital media in Italy and internationally.

t42 IoT Tracking Solutions

Market Cap: UK£1.2m

A technology company, engages in sales of hardware and software products in the United Kingdom.

GetBusy

Market Cap: UK£35.7m

Provides productivity software for professional and financial services in the United Kingdom, the United States, Australia, and New Zealand.

Rapid7

Market Cap: US$1.3b

Provides cybersecurity software and services under the Rapid7, Nexpose, and Metasploit brand names.

Pinewood Technologies Group

Market Cap: UK£417.2m

Operates as a cloud-based dealer management software provider in the United Kingdom, rest of Europe, Africa, Asia, the Middle East, and internationally.

DATAGROUP

Market Cap: €533.2m

Provides information technology (IT) solutions in Germany and internationally.

Eleco

Market Cap: UK£122.9m

Provides software and related services in the United Kingdom, Scandinavia, Germany, the rest of Europe, the United States, and internationally.

RM

Market Cap: UK£76.6m

Supplies products, services, and solutions to educational markets in the United Kingdom, Europe, North America, Asia, the Middle East, and internationally.

Micro Systemation

Market Cap: SEK 1.1b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

TXT e-solutions

Market Cap: €384.3m

Provides software and service solutions in Italy and internationally.

IVU Traffic Technologies

Market Cap: €347.1m

Develops, installs, maintains, and operates integrated IT solutions for buses and trains worldwide.

Verimatrix

Market Cap: €17.2m

Provides security solutions that protect digital content, applications, and devices in France and internationally.

DocuSign

Market Cap: US$16.5b

Provides electronic signature solution in the United States and internationally.

Strategy

Market Cap: US$93.6b

Operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally.

TomTom

Market Cap: €667.0m

Develops and sells navigation and location-based products and services in Europe, the Americas, and internationally.

Keyrus

Market Cap: €117.7m

A consultancy company, engages in the development of data and digital solutions for performance management worldwide.

Fortinet

Market Cap: US$64.9b

Provides cybersecurity and convergence of networking and security solutions worldwide.

IONOS Group

Market Cap: €5.4b

Through its subsidiaries, provides web presence and productivity, and cloud solutions for companies in Germany, the United States, the United Kingdom, Spain, France, Poland, and Austria.

LINK Mobility Group Holding

Market Cap: NOK 8.3b

Provides mobile and communication-platform-as-a-service solutions.

Indra Sistemas

Market Cap: €6.7b

Operates as a technology and consulting company for aerospace, defense, and mobility business worldwide.

PTC

Market Cap: US$24.4b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Temenos

Market Cap: CHF 4.4b

Develops, markets, and sells integrated banking software systems to banking and other financial services institutions.

RM

Market Cap: UK£77.8m

Supplies products, services, and solutions to educational markets in the United Kingdom, Europe, North America, Asia, the Middle East, and internationally.

LINK Mobility Group Holding

Market Cap: NOK 8.4b

Provides mobile and communication-platform-as-a-service solutions.

Solutions 30

Market Cap: €113.8m

Provides support solutions for new digital technologies in Benelux, France, Spain, Italy, Germany, Portugal, Poland, and the United Kingdom.

Arcontech Group

Market Cap: UK£14.4m

Engages in the development and sale of proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australasia, and the Asia Pacific.

TXT e-solutions

Market Cap: €384.3m

Provides software and service solutions in Italy and internationally.

OneSpan

Market Cap: US$578.0m

Designs, develops, and markets digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

Infotel

Market Cap: €291.6m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.