U.K. Software Undervalued over 20% based on DCF

Sage Group

Market Cap: UK£7.5b

Offers technology solutions and services for small and medium businesses in North America, Europe, the United Kingdom, Ireland, Africa and Asia-Pacific.

Bytes Technology Group

Market Cap: UK£956.5m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Kainos Group

Market Cap: UK£888.2m

Engages in the provision of digital technology services in the United Kingdom, Ireland, the Americas, Central Europe, and internationally.

GB Group

Market Cap: UK£499.6m

Provides identity data intelligence products and services in the United Kingdom, the United States, Australia, and internationally.

AdvancedAdvT

Market Cap: UK£207.9m

Engages in the provision of software solutions in Europe, the United Kingdom, North America, and internationally.

Netcall

Market Cap: UK£198.7m

Engages in the design, development, sale, and support of software products and services in the United Kingdom.

accesso Technology Group

Market Cap: UK£104.3m

Engages in the development and application of technology solutions in the United Kingdom, Europe, North America, Central and South America, the Middle East, South Pacific, Asia, and Africa.

Tracsis

Market Cap: UK£96.8m

Engages in the provision of software, hardware, data analytics and geographic information systems, and services in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally.

Pebble Beach Systems Group

Market Cap: UK£29.1m

Designs, delivers, and supports playout automation and content management solutions for the broadcast and streaming markets.

Shearwater Group

Market Cap: UK£10.1m

Provides cyber security, managed security, and professional advisory solutions for corporate clients in the United Kingdom, rest of Europe, North America, and internationally.