View ValuationPSI Software 将来の成長Future 基準チェック /56PSI Software利益と収益がそれぞれ年間87.3%と9.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に37.4% 87.4%なると予測されています。主要情報87.3%収益成長率87.36%EPS成長率Software 収益成長16.0%収益成長率9.1%将来の株主資本利益率37.36%アナリストカバレッジLow最終更新日22 Apr 2026今後の成長に関する最新情報Price Target Changed • Apr 23Price target increased by 8.4% to €45.00Up from €41.50, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €45.70. The company is forecast to post a net loss per share of €1.40 next year compared to a net loss per share of €1.40 last year.Price Target Changed • Nov 14Price target increased by 8.0% to €41.50Up from €38.42, the current price target is an average from 6 analysts. New target price is 6.3% below last closing price of €44.30. The company is forecast to post earnings per share of €0.15 next year compared to a net loss per share of €1.40 last year.Price Target Changed • Nov 04Price target increased by 10% to €39.28Up from €35.70, the current price target is an average from 6 analysts. New target price is 13% below last closing price of €45.10. The company is forecast to post earnings per share of €0.17 next year compared to a net loss per share of €1.40 last year.Price Target Changed • Jun 16Price target increased by 8.8% to €35.90Up from €33.00, the current price target is an average from 5 analysts. New target price is 22% above last closing price of €29.50. Stock is up 45% over the past year. The company is forecast to post earnings per share of €0.39 next year compared to a net loss per share of €1.40 last year.Price Target Changed • May 07Price target increased by 8.0% to €33.67Up from €31.17, the current price target is an average from 6 analysts. New target price is 11% above last closing price of €30.30. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.38 next year compared to a net loss per share of €1.40 last year.分析記事 • Apr 13Analyst Estimates: Here's What Brokers Think Of PSI Software SE (ETR:PSAN) After Its Annual ReportIt's been a good week for PSI Software SE ( ETR:PSAN ) shareholders, because the company has just released its latest...すべての更新を表示Recent updatesPrice Target Changed • Apr 23Price target increased by 8.4% to €45.00Up from €41.50, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €45.70. The company is forecast to post a net loss per share of €1.40 next year compared to a net loss per share of €1.40 last year.Price Target Changed • Nov 14Price target increased by 8.0% to €41.50Up from €38.42, the current price target is an average from 6 analysts. New target price is 6.3% below last closing price of €44.30. The company is forecast to post earnings per share of €0.15 next year compared to a net loss per share of €1.40 last year.Price Target Changed • Nov 04Price target increased by 10% to €39.28Up from €35.70, the current price target is an average from 6 analysts. New target price is 13% below last closing price of €45.10. The company is forecast to post earnings per share of €0.17 next year compared to a net loss per share of €1.40 last year.Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: €1.60 loss per share (further deteriorated from €0.12 loss in 3Q 2024). Revenue: €70.7m (up 8.6% from 3Q 2024). Net loss: €24.9m (loss widened €23.0m from 3Q 2024). Revenue missed analyst estimates by 16%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance.お知らせ • Oct 13Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million.Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million on October 13, 2025. A cash consideration valued at €45 per share will be paid by Warburg Pincus LLC. As part of consideration, an undisclosed value is paid towards common equity of PSI Software SE. The Management Board and the Supervisory Board of PSI support the Offer and intend, subject to their review of the Offer Document yet to be published by Warburg Pincus as part of their fiduciary duties, to recommend the acceptance of the Offer to PSI's shareholders. The Offer will be subject to a minimum acceptance threshold of 50 percent plus one share with the shares owned by E.ON being considered for purposes of such threshold and usual Offer conditions, including the receipt of regulatory clearances with closing expected in first half of 2026. The transaction is fully funded with equity and debt financing in place. The final terms and conditions will be set out in the Offer Document, which is subject to permission by BaFin. Goldman Sachs Bank Europe SE acted as financial advisor for PSI Software SE. Linklaters Oppenhoff & Rädler acted as legal advisor for PSI Software SE. J.P. Morgan SE acted as financial advisor for Warburg Pincus LLC. Kirkland & Ellis, Germany acted as legal advisor for Warburg Pincus LLC.お知らせ • Oct 11PSI Software in Talks over Takeover OfferGerman software solutions maker PSI Software SE (XTRA:PSAN) is in advanced discussions over a potential takeover offer with three parties, the company said on October 10, 2025, confirming a media report. PSI said it is in talks with private equity firms Thoma Bravo (Thoma Bravo, L.P.), HgCapital (HgCapital LLP) and Warburg Pincus (Warburg Pincus LLC) regarding an investment agreement. It is currently not clear which of the interested parties will make a takeover offer and whether an offer will be made at all.New Risk • Oct 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.分析記事 • Aug 08Returns On Capital At PSI Software (ETR:PSAN) Paint A Concerning PictureWhen researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...Reported Earnings • Jul 31Second quarter 2025 earnings released: €0.11 loss per share (vs €0.40 loss in 2Q 2024)Second quarter 2025 results: €0.11 loss per share (improved from €0.40 loss in 2Q 2024). Revenue: €73.0m (up 18% from 2Q 2024). Net loss: €1.70m (loss narrowed 73% from 2Q 2024). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.Price Target Changed • Jun 16Price target increased by 8.8% to €35.90Up from €33.00, the current price target is an average from 5 analysts. New target price is 22% above last closing price of €29.50. Stock is up 45% over the past year. The company is forecast to post earnings per share of €0.39 next year compared to a net loss per share of €1.40 last year.Price Target Changed • May 07Price target increased by 8.0% to €33.67Up from €31.17, the current price target is an average from 6 analysts. New target price is 11% above last closing price of €30.30. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.38 next year compared to a net loss per share of €1.40 last year.分析記事 • May 03PSI Software SE's (ETR:PSAN) 28% Price Boost Is Out Of Tune With RevenuesDespite an already strong run, PSI Software SE ( ETR:PSAN ) shares have been powering on, with a gain of 28% in the...分析記事 • May 03Is There An Opportunity With PSI Software SE's (ETR:PSAN) 39% Undervaluation?Key Insights The projected fair value for PSI Software is €52.30 based on 2 Stage Free Cash Flow to Equity PSI Software...Reported Earnings • May 02First quarter 2025 earnings released: EPS: €0.032 (vs €1.07 loss in 1Q 2024)First quarter 2025 results: EPS: €0.032 (up from €1.07 loss in 1Q 2024). Revenue: €76.4m (up 52% from 1Q 2024). Net income: €491.0k (up €17.1m from 1Q 2024). Profit margin: 0.6% (up from net loss in 1Q 2024). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.分析記事 • Apr 13Analyst Estimates: Here's What Brokers Think Of PSI Software SE (ETR:PSAN) After Its Annual ReportIt's been a good week for PSI Software SE ( ETR:PSAN ) shareholders, because the company has just released its latest...お知らせ • Apr 11PSI Software SE, Annual General Meeting, May 20, 2025PSI Software SE, Annual General Meeting, May 20, 2025, at 10:00 W. Europe Standard Time.New Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 28Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: €1,398 loss per share (further deteriorated from €0.047 loss in FY 2023). Revenue: €272.8m (up 1.1% from FY 2023). Net loss: €21.7m (loss widened €20.9m from FY 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 158 percentage points per year, which is a significant difference in performance.お知らせ • Mar 27PSI Software SE Provides Earnings Guidance for the Year 2025PSI Software SE provides earnings guidance for the year 2025. For the year, the company expects growth in new orders and sales of around 10%.お知らせ • Mar 23PSI Software SE to Report Fiscal Year 2024 Results on Mar 27, 2025PSI Software SE announced that they will report fiscal year 2024 results on Mar 27, 2025お知らせ • Mar 22+ 2 more updatesPSI Software SE to Report First Half, 2025 Results on Jul 31, 2025PSI Software SE announced that they will report first half, 2025 results on Jul 31, 2025お知らせ • Mar 07Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN).Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 21, 2024. The parties have agreed not to disclose the purchase price of the transaction until the closing of the share transfer. Closing of the transaction requires the approval of the Federal Ministry for Economics Affairs and Climate Action. The transaction is expected to complete in first quarter of 2025. PricewaterhouseCoopers Transaction Services Germany acted as financial advisor and PricewaterhouseCoopers Legal Aktiengesellschaft Rechtsanwaltsgesellschaft acted as legal advisor to PSI Software SE. Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on March 5, 2025.分析記事 • Feb 14PSI Software SE's (ETR:PSAN) Share Price Boosted 26% But Its Business Prospects Need A Lift TooThe PSI Software SE ( ETR:PSAN ) share price has done very well over the last month, posting an excellent gain of 26...お知らせ • Dec 23Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN).Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 23, 2024.お知らせ • Nov 11PSI Software SE Appoints Georg Tacke to the Supervisory BoardPSI Software SE announced that following the proposal of supervisory board and management board, Dr. Georg Tacke has been appointed as supervisory board member by the Local Court of Berlin-Charlottenburg (Amtsgericht Berlin-Charlottenburg) with immediate effect. It became necessary after the long-standing Chairman of the Supervisory Board of PSI Software SE, Mr. Karsten Trippel, was no longer available for a further term on the Supervisory Board. Dr. Georg Tacke was CEO of the management consultancy Simon-Kucher & Partners from 2009 to 2019 and is currently a Senior Advisor to the company. He has more than 30 years of consulting experience, primarily in the B2B sector. His areas of expertise include growth strategy, sales and pricing. He is well known as one of the top pricing experts and supports numerous CEOs and management boards as a personal consultant and coach. Dr. Georg Tacke holds a Master's degree in business administration and a PhD from the University of Bielefeld. He also studied and conducted research as a visiting scholar at the Stanford Business School.Reported Earnings • Nov 01Third quarter 2024 earnings released: €0.12 loss per share (vs €0.088 profit in 3Q 2023)Third quarter 2024 results: €0.12 loss per share (down from €0.088 profit in 3Q 2023). Revenue: €72.3m (up 11% from 3Q 2023). Net loss: €1.86m (down 237% from profit in 3Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Sep 11Second quarter 2024 earnings released: €0.40 loss per share (vs €0.80 loss in 2Q 2023)Second quarter 2024 results: €0.40 loss per share (improved from €0.80 loss in 2Q 2023). Revenue: €64.4m (up 5.5% from 2Q 2023). Net loss: €6.19m (loss narrowed 50% from 2Q 2023). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.お知らせ • Aug 30PSI Software SE Provides Earnings Guidance for the Full Year of 2024PSI Software SE provided earnings guidance for the full year of 2024. The Executive Board expects, taking into account the negative effects of the cyberattack, a reduction in sales of around EUR 20 million to EUR 30 million and a negative operating result in the upper single-digit to lower double-digit million range for the full year.お知らせ • Jul 30PSI Software SE Announces Appointment of Uwe Hack as Its New ChairmanThe Supervisory Board of PSI Software SE has elected Dr. Uwe Hack as its new Chairman at its constituent meeting following today's Annual General Meeting. Dr. Hack succeeds Mr. Karsten Trippel, who was no longer available for a further term on the Supervisory Board.お知らせ • Jul 26PSI Software SE Announces Retirement of Karsten Trippel as Chairman of the Supervisory BoardPSI Software SE announced the current chairman of the supervisory board of the company Mr. Karsten Trippel, will not be available for a further term of office on the supervisory board. The Supervisory Board's proposed resolution on agenda item 6.1 to elect Mr. Trippel to the Supervisory Board for a further term of office at the upcoming Annual General Meeting of PSI on July 26, 2024 will therefore not be put to the vote. Mr. Trippel's current term of office until the end of the Annual General Meeting on July 26, 2024 and his current chairmanship of the Supervisory Board remain unaffected by this.Price Target Changed • Jul 01Price target decreased by 7.4% to €30.18Down from €32.58, the current price target is an average from 6 analysts. New target price is 37% above last closing price of €22.00. Stock is down 32% over the past year. The company is forecast to post a net loss per share of €0.59 next year compared to a net loss per share of €0.047 last year.Major Estimate Revision • Jun 27Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €269.9m to €266.4m. Losses expected to increase from €0.50 per share to €0.58. Software industry in Germany expected to see average net income growth of 20% next year. Consensus price target down from €32.58 to €30.92. Share price rose 6.4% to €21.70 over the past week.お知らせ • Jun 20PSI Software SE, Annual General Meeting, Jul 26, 2024PSI Software SE, Annual General Meeting, Jul 26, 2024, at 10:00 W. Europe Standard Time.お知らせ • Jun 13Psi Software SE Appoints Erol Bozak as Chief Technology OfficerPSI Software SE appoints a Chief Technology Officer (CTO) for the first time and fills the position with Erol Bozak (50). His area of responsibility includes the central development team and the Research & Development activities. One of his focuses will be the cloud transformation of the PSI portfolio. With this strategic step, PSI underlines its commitment to innovation and technological excellence. Erol Bozak will report directly to the Executive Board. As co-founder and Chief Product Officer of Treasury Intelligence Solutions (TIS) GmbH since 2010, Erol Bozak built up one of the fastest growing fintech companies in Europe. Prior to that, he was Program Manager at SAP, driving Infrastructure-as-a-Service (IaaS) and cloud initiatives. The computer science graduate began his career in the Supply Chain Management department of Fraunhofer Gesellschaft. He holds an Executive MBA from Mannheim Business School and more than 40 patents granted in the USA in the areas of cloud computing, SaaS and Fintech.お知らせ • May 03PSI Software SE to Report Fiscal Year 2023 Final Results on Jun 04, 2024PSI Software SE announced that they will report fiscal year 2023 final results on Jun 04, 2024分析記事 • Apr 26PSI Software (ETR:PSAN) Is Reinvesting At Lower Rates Of ReturnIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...分析記事 • Feb 23PSI Software SE (ETR:PSAN) Might Not Be As Mispriced As It LooksPSI Software SE's ( ETR:PSAN ) price-to-sales (or "P/S") ratio of 1.3x might make it look like a buy right now compared...分析記事 • Dec 21Are Investors Undervaluing PSI Software SE (ETR:PSAN) By 41%?Key Insights PSI Software's estimated fair value is €44.32 based on 2 Stage Free Cash Flow to Equity Current share...お知らせ • Dec 07+ 4 more updatesPSI Software SE, Annual General Meeting, Jun 05, 2024PSI Software SE, Annual General Meeting, Jun 05, 2024.Reported Earnings • Oct 30Third quarter 2023 earnings released: EPS: €0.088 (vs €0.31 in 3Q 2022)Third quarter 2023 results: EPS: €0.088 (down from €0.31 in 3Q 2022). Revenue: €70.3m (up 11% from 3Q 2022). Net income: €1.36m (down 72% from 3Q 2022). Profit margin: 1.9% (down from 7.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Aug 23Consensus EPS estimates increase by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.152 to €0.182. Revenue forecast steady at €270.3m. Net income forecast to grow 962% next year vs 13% growth forecast for Software industry in Germany. Consensus price target broadly unchanged at €36.83. Share price rose 2.9% to €26.70 over the past week.Major Estimate Revision • Aug 15Consensus EPS estimates increase by 79%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.085 to €0.152. Revenue forecast steady at €270.1m. Net income forecast to grow 961% next year vs 13% growth forecast for Software industry in Germany. Consensus price target down from €37.33 to €36.50. Share price rose 2.7% to €26.75 over the past week.分析記事 • Aug 06Investors Could Be Concerned With PSI Software's (ETR:PSAN) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Major Estimate Revision • Aug 03Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €1.19 to €0.965 per share. Revenue forecast steady at €271.1m. Net income forecast to grow 1,611% next year vs 15% growth forecast for Software industry in Germany. Consensus price target down from €39.70 to €38.40. Share price fell 13% to €24.75 over the past week.New Risk • Aug 01New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Dividend per share is over 6x cash flows per share. Dividend yield: 1.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Dividend per share is over 6x cash flows per share. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).New Risk • Jul 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 6.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).Reported Earnings • Jul 30Second quarter 2023 earnings released: €0.80 loss per share (vs €0.17 profit in 2Q 2022)Second quarter 2023 results: €0.80 loss per share (down from €0.17 profit in 2Q 2022). Revenue: €61.0m (up 4.4% from 2Q 2022). Net loss: €12.4m (down €15.1m from profit in 2Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.New Risk • Jul 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).Buying Opportunity • Jul 10Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be €39.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.Upcoming Dividend • May 17Upcoming dividend of €0.40 per share at 1.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).Buying Opportunity • May 08Now 21% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be €36.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.分析記事 • Apr 15Calculating The Intrinsic Value Of PSI Software AG (ETR:PSAN)Key Insights Using the 2 Stage Free Cash Flow to Equity, PSI Software fair value estimate is €33.05 With €27.80 share...Buying Opportunity • Apr 05Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €33.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.Reported Earnings • Mar 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: €1.07 (up from €1.01 in FY 2021). Revenue: €261.6m (up 5.3% from FY 2021). Net income: €16.7m (up 5.7% from FY 2021). Profit margin: 6.4% (in line with FY 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 10PSI Software (ETR:PSAN) Is Doing The Right Things To Multiply Its Share PriceWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €28.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Software industry in Germany. Total returns to shareholders of 85% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €26.42 per share.Major Estimate Revision • Dec 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.87 to €0.76 per share. Revenue forecast steady at €253.4m. Net income forecast to grow 19% next year vs 18% growth forecast for Software industry in Germany. Consensus price target down from €38.20 to €37.20. Share price was steady at €22.55 over the past week.お知らせ • Dec 08+ 4 more updatesPSI Software AG to Report Fiscal Year 2022 Results on Mar 29, 2023PSI Software AG announced that they will report fiscal year 2022 results on Mar 29, 2023Price Target Changed • Nov 28Price target decreased to €38.20Down from €43.45, the current price target is an average from 6 analysts. New target price is 70% above last closing price of €22.50. Stock is down 50% over the past year. The company is forecast to post earnings per share of €0.87 for next year compared to €1.01 last year.Major Estimate Revision • Nov 04Consensus EPS estimates fall by 25%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €262.3m to €255.5m. EPS estimate also fell from €1.15 per share to €0.87 per share. Net income forecast to grow 35% next year vs 18% growth forecast for Software industry in Germany. Consensus price target down from €45.00 to €42.12. Share price rose 5.9% to €23.30 over the past week.分析記事 • Nov 02PSI Software AG Recorded A 15% Miss On Revenue: Analysts Are Revisiting Their ModelsInvestors in PSI Software AG ( ETR:PSAN ) had a good week, as its shares rose 7.3% to close at €23.40 following the...Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: €0.31 (vs €0.26 in 3Q 2021)Third quarter 2022 results: EPS: €0.31 (up from €0.26 in 3Q 2021). Revenue: €69.0m (up 14% from 3Q 2021). Net income: €4.87m (up 20% from 3Q 2021). Profit margin: 7.1% (up from 6.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.Major Estimate Revision • Aug 05Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €273.6m to €262.9m. EPS estimate also fell from €1.28 per share to €1.12 per share. Net income forecast to grow 53% next year vs 17% growth forecast for Software industry in Germany. Consensus price target down from €49.33 to €46.60. Share price rose 3.9% to €25.30 over the past week.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: €0.17 (vs €0.25 in 2Q 2021)Second quarter 2022 results: EPS: €0.17 (down from €0.25 in 2Q 2021). Revenue: €60.9m (flat on 2Q 2021). Net income: €2.68m (down 31% from 2Q 2021). Profit margin: 4.4% (down from 6.4% in 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €24.65, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Software industry in Germany. Total returns to shareholders of 48% over the past three years.分析記事 • May 19PSI Software (ETR:PSAN) Is Paying Out A Larger Dividend Than Last YearThe board of PSI Software AG ( ETR:PSAN ) has announced that it will be increasing its dividend on the 24th of May to...Upcoming Dividend • May 13Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.0%).分析記事 • Apr 29PSI Software's (ETR:PSAN) Shareholders Will Receive A Bigger Dividend Than Last YearPSI Software AG ( ETR:PSAN ) has announced that it will be increasing its dividend on the 24th of May to €0.40. This...分析記事 • Apr 15PSI Software's (ETR:PSAN) Dividend Will Be Increased To €0.40PSI Software AG's ( ETR:PSAN ) dividend will be increasing on the 24th of May to €0.40, with investors receiving 33...分析記事 • Apr 01PSI Software's (ETR:PSAN) Shareholders Will Receive A Bigger Dividend Than Last YearPSI Software AG ( ETR:PSAN ) will increase its dividend on the 24th of May to €0.40, which is 33% higher than last...お知らせ • Mar 29PSI Software AG Proposes Dividend for the Year December 31, 2021PSI Software AG proposed to the Annual General Meeting a dividend of EUR 0.40 (previous year: EUR 0.30) for the year December 31, 2021.お知らせ • Feb 02PSI Software AG (XTRA:PSAN) announces an Equity Buyback for 50,000 shares, representing 0.32% for €1.8 million.PSI Software AG (XTRA:PSAN) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.32% of its issued share capital, for a total of €1.8 million. The shares will not be purchased at a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the purchase will be carried out. The program is aimed at the implementation of employee participation program. The program will terminate on April 30, 2022.分析記事 • Jan 22Here's Why I Think PSI Software (ETR:PSAN) Is An Interesting StockFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Jan 06We Think PSI Software (ETR:PSAN) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Dec 09PSI Software (ETR:PSAN) Might Have The Makings Of A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Price Target Changed • Nov 30Price target increased to €45.20Up from €40.83, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €45.80. Stock is up 89% over the past year. The company is forecast to post earnings per share of €1.09 for next year compared to €0.66 last year.Price Target Changed • Nov 23Price target increased to €43.17Up from €39.10, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €45.00. Stock is up 95% over the past year. The company is forecast to post earnings per share of €1.09 for next year compared to €0.66 last year.Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS €0.26 (vs €0.14 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €60.5m (up 13% from 3Q 2020). Net income: €4.06m (up 82% from 3Q 2020). Profit margin: 6.7% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Nov 01Price target increased to €39.10Up from €34.04, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €41.10. Stock is up 75% over the past year. The company is forecast to post earnings per share of €1.13 for next year compared to €0.66 last year.分析記事 • Aug 25We Think PSI Software (ETR:PSAN) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • Aug 20Price target increased to €35.35Up from €32.63, the current price target is an average from 6 analysts. New target price is 15% below last closing price of €41.80. Stock is up 101% over the past year.分析記事 • Aug 05Return Trends At PSI Software (ETR:PSAN) Aren't AppealingTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS €0.25 (vs €0.14 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €63.8m (up 18% from 2Q 2020). Net income: €3.90m (up 76% from 2Q 2020). Profit margin: 6.1% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to €39.00, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 36x in the Software industry in Germany. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.38 per share.Executive Departure • Jul 01CFO & Member of Executive Board Harald Fuchs has left the companyDuring their tenure, earnings grew by 14% annually compared to the industry average of 12%. On the 30th of June, Harald Fuchs left the company after 8.0 in the role. As of March 2021, Harald still personally held 7.02k shares (€124k worth at the time). Harald is the only executive to leave the company over the last 12 months.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to €33.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 34x in the Software industry in Germany. Total returns to shareholders of 112% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.71 per share.分析記事 • Jun 26Estimating The Fair Value Of PSI Software AG (ETR:PSAN)Does the June share price for PSI Software AG ( ETR:PSAN ) reflect what it's really worth? Today, we will estimate the...お知らせ • Jun 09PSI Software AG (XTRA:PSAN) announces an Equity Buyback for 50,000 shares, representing 0.32% for €1.43 million.PSI Software AG (XTRA:PSAN) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.32% of its issued share capital, for a total of €1.43 million. The shares will not be purchased at a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the purchase will be carried out. The program is aimed at the implementation of employee participation program. The program will terminate on October 31, 2021.Price Target Changed • Jun 07Price target increased to €32.63Up from €30.10, the current price target is an average from 6 analysts. New target price is 11% above last closing price of €29.30. Stock is up 33% over the past year.Upcoming Dividend • May 13Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 25 May 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).業績と収益の成長予測XTRA:PSAN - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028388343748112/31/2027349172435512/31/2026318101828512/31/2025289-22-13-459/30/2025287-23817N/A6/30/20252810-45N/A3/31/2025278-5-32-25N/A12/31/2024261-22-27-20N/A9/30/2024263-17-19-11N/A6/30/2024263-14-11-3N/A3/31/2024262-201220N/A12/31/2023270-1917N/A9/30/2023253-2-34N/A6/30/2023251119N/A3/31/202324816211N/A12/31/202224817-74N/A9/30/202225017915N/A6/30/2022246151824N/A3/31/2022247182632N/A12/31/2021245183339N/A9/30/2021235162228N/A6/30/2021228151117N/A3/31/2021223122228N/A12/31/2020218101925N/A9/30/2020224131924N/A6/30/2020223142733N/A3/31/202022414915N/A12/31/201922514712N/A9/30/201921711614N/A6/30/201921111N/A13N/A3/31/201920511N/A19N/A12/31/201819911N/A19N/A9/30/201819512N/A8N/A6/30/201819311N/A12N/A3/31/201818810N/A8N/A12/31/20171869N/A1N/A9/30/20171849N/A10N/A6/30/20171819N/A8N/A3/31/20171809N/A10N/A12/31/20161799N/A13N/A9/30/20161778N/A17N/A6/30/20161808N/A18N/A3/31/20161857N/A15N/A12/31/20151857N/A14N/A9/30/20151896N/A22N/A6/30/20151865N/A23N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: PSANは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: PSAN今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: PSAN今後 3 年以内に収益を上げることが予想されます。収益対市場: PSANの収益 ( 9.1% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: PSANの収益 ( 9.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: PSANの 自己資本利益率 は、3年後には高くなると予測されています ( 37.4 %)成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 13:55終値2026/05/22 00:00収益2025/09/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PSI Software SE 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Jean Didier BeauboisBerenbergJürgen MichelsCitigroup IncAlexander KarnickDeutsche Bank11 その他のアナリストを表示
Price Target Changed • Apr 23Price target increased by 8.4% to €45.00Up from €41.50, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €45.70. The company is forecast to post a net loss per share of €1.40 next year compared to a net loss per share of €1.40 last year.
Price Target Changed • Nov 14Price target increased by 8.0% to €41.50Up from €38.42, the current price target is an average from 6 analysts. New target price is 6.3% below last closing price of €44.30. The company is forecast to post earnings per share of €0.15 next year compared to a net loss per share of €1.40 last year.
Price Target Changed • Nov 04Price target increased by 10% to €39.28Up from €35.70, the current price target is an average from 6 analysts. New target price is 13% below last closing price of €45.10. The company is forecast to post earnings per share of €0.17 next year compared to a net loss per share of €1.40 last year.
Price Target Changed • Jun 16Price target increased by 8.8% to €35.90Up from €33.00, the current price target is an average from 5 analysts. New target price is 22% above last closing price of €29.50. Stock is up 45% over the past year. The company is forecast to post earnings per share of €0.39 next year compared to a net loss per share of €1.40 last year.
Price Target Changed • May 07Price target increased by 8.0% to €33.67Up from €31.17, the current price target is an average from 6 analysts. New target price is 11% above last closing price of €30.30. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.38 next year compared to a net loss per share of €1.40 last year.
分析記事 • Apr 13Analyst Estimates: Here's What Brokers Think Of PSI Software SE (ETR:PSAN) After Its Annual ReportIt's been a good week for PSI Software SE ( ETR:PSAN ) shareholders, because the company has just released its latest...
Price Target Changed • Apr 23Price target increased by 8.4% to €45.00Up from €41.50, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €45.70. The company is forecast to post a net loss per share of €1.40 next year compared to a net loss per share of €1.40 last year.
Price Target Changed • Nov 14Price target increased by 8.0% to €41.50Up from €38.42, the current price target is an average from 6 analysts. New target price is 6.3% below last closing price of €44.30. The company is forecast to post earnings per share of €0.15 next year compared to a net loss per share of €1.40 last year.
Price Target Changed • Nov 04Price target increased by 10% to €39.28Up from €35.70, the current price target is an average from 6 analysts. New target price is 13% below last closing price of €45.10. The company is forecast to post earnings per share of €0.17 next year compared to a net loss per share of €1.40 last year.
Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: €1.60 loss per share (further deteriorated from €0.12 loss in 3Q 2024). Revenue: €70.7m (up 8.6% from 3Q 2024). Net loss: €24.9m (loss widened €23.0m from 3Q 2024). Revenue missed analyst estimates by 16%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 13Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million.Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million on October 13, 2025. A cash consideration valued at €45 per share will be paid by Warburg Pincus LLC. As part of consideration, an undisclosed value is paid towards common equity of PSI Software SE. The Management Board and the Supervisory Board of PSI support the Offer and intend, subject to their review of the Offer Document yet to be published by Warburg Pincus as part of their fiduciary duties, to recommend the acceptance of the Offer to PSI's shareholders. The Offer will be subject to a minimum acceptance threshold of 50 percent plus one share with the shares owned by E.ON being considered for purposes of such threshold and usual Offer conditions, including the receipt of regulatory clearances with closing expected in first half of 2026. The transaction is fully funded with equity and debt financing in place. The final terms and conditions will be set out in the Offer Document, which is subject to permission by BaFin. Goldman Sachs Bank Europe SE acted as financial advisor for PSI Software SE. Linklaters Oppenhoff & Rädler acted as legal advisor for PSI Software SE. J.P. Morgan SE acted as financial advisor for Warburg Pincus LLC. Kirkland & Ellis, Germany acted as legal advisor for Warburg Pincus LLC.
お知らせ • Oct 11PSI Software in Talks over Takeover OfferGerman software solutions maker PSI Software SE (XTRA:PSAN) is in advanced discussions over a potential takeover offer with three parties, the company said on October 10, 2025, confirming a media report. PSI said it is in talks with private equity firms Thoma Bravo (Thoma Bravo, L.P.), HgCapital (HgCapital LLP) and Warburg Pincus (Warburg Pincus LLC) regarding an investment agreement. It is currently not clear which of the interested parties will make a takeover offer and whether an offer will be made at all.
New Risk • Oct 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
分析記事 • Aug 08Returns On Capital At PSI Software (ETR:PSAN) Paint A Concerning PictureWhen researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...
Reported Earnings • Jul 31Second quarter 2025 earnings released: €0.11 loss per share (vs €0.40 loss in 2Q 2024)Second quarter 2025 results: €0.11 loss per share (improved from €0.40 loss in 2Q 2024). Revenue: €73.0m (up 18% from 2Q 2024). Net loss: €1.70m (loss narrowed 73% from 2Q 2024). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jun 16Price target increased by 8.8% to €35.90Up from €33.00, the current price target is an average from 5 analysts. New target price is 22% above last closing price of €29.50. Stock is up 45% over the past year. The company is forecast to post earnings per share of €0.39 next year compared to a net loss per share of €1.40 last year.
Price Target Changed • May 07Price target increased by 8.0% to €33.67Up from €31.17, the current price target is an average from 6 analysts. New target price is 11% above last closing price of €30.30. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.38 next year compared to a net loss per share of €1.40 last year.
分析記事 • May 03PSI Software SE's (ETR:PSAN) 28% Price Boost Is Out Of Tune With RevenuesDespite an already strong run, PSI Software SE ( ETR:PSAN ) shares have been powering on, with a gain of 28% in the...
分析記事 • May 03Is There An Opportunity With PSI Software SE's (ETR:PSAN) 39% Undervaluation?Key Insights The projected fair value for PSI Software is €52.30 based on 2 Stage Free Cash Flow to Equity PSI Software...
Reported Earnings • May 02First quarter 2025 earnings released: EPS: €0.032 (vs €1.07 loss in 1Q 2024)First quarter 2025 results: EPS: €0.032 (up from €1.07 loss in 1Q 2024). Revenue: €76.4m (up 52% from 1Q 2024). Net income: €491.0k (up €17.1m from 1Q 2024). Profit margin: 0.6% (up from net loss in 1Q 2024). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 13Analyst Estimates: Here's What Brokers Think Of PSI Software SE (ETR:PSAN) After Its Annual ReportIt's been a good week for PSI Software SE ( ETR:PSAN ) shareholders, because the company has just released its latest...
お知らせ • Apr 11PSI Software SE, Annual General Meeting, May 20, 2025PSI Software SE, Annual General Meeting, May 20, 2025, at 10:00 W. Europe Standard Time.
New Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 28Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: €1,398 loss per share (further deteriorated from €0.047 loss in FY 2023). Revenue: €272.8m (up 1.1% from FY 2023). Net loss: €21.7m (loss widened €20.9m from FY 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 158 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 27PSI Software SE Provides Earnings Guidance for the Year 2025PSI Software SE provides earnings guidance for the year 2025. For the year, the company expects growth in new orders and sales of around 10%.
お知らせ • Mar 23PSI Software SE to Report Fiscal Year 2024 Results on Mar 27, 2025PSI Software SE announced that they will report fiscal year 2024 results on Mar 27, 2025
お知らせ • Mar 22+ 2 more updatesPSI Software SE to Report First Half, 2025 Results on Jul 31, 2025PSI Software SE announced that they will report first half, 2025 results on Jul 31, 2025
お知らせ • Mar 07Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN).Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 21, 2024. The parties have agreed not to disclose the purchase price of the transaction until the closing of the share transfer. Closing of the transaction requires the approval of the Federal Ministry for Economics Affairs and Climate Action. The transaction is expected to complete in first quarter of 2025. PricewaterhouseCoopers Transaction Services Germany acted as financial advisor and PricewaterhouseCoopers Legal Aktiengesellschaft Rechtsanwaltsgesellschaft acted as legal advisor to PSI Software SE. Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on March 5, 2025.
分析記事 • Feb 14PSI Software SE's (ETR:PSAN) Share Price Boosted 26% But Its Business Prospects Need A Lift TooThe PSI Software SE ( ETR:PSAN ) share price has done very well over the last month, posting an excellent gain of 26...
お知らせ • Dec 23Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN).Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 23, 2024.
お知らせ • Nov 11PSI Software SE Appoints Georg Tacke to the Supervisory BoardPSI Software SE announced that following the proposal of supervisory board and management board, Dr. Georg Tacke has been appointed as supervisory board member by the Local Court of Berlin-Charlottenburg (Amtsgericht Berlin-Charlottenburg) with immediate effect. It became necessary after the long-standing Chairman of the Supervisory Board of PSI Software SE, Mr. Karsten Trippel, was no longer available for a further term on the Supervisory Board. Dr. Georg Tacke was CEO of the management consultancy Simon-Kucher & Partners from 2009 to 2019 and is currently a Senior Advisor to the company. He has more than 30 years of consulting experience, primarily in the B2B sector. His areas of expertise include growth strategy, sales and pricing. He is well known as one of the top pricing experts and supports numerous CEOs and management boards as a personal consultant and coach. Dr. Georg Tacke holds a Master's degree in business administration and a PhD from the University of Bielefeld. He also studied and conducted research as a visiting scholar at the Stanford Business School.
Reported Earnings • Nov 01Third quarter 2024 earnings released: €0.12 loss per share (vs €0.088 profit in 3Q 2023)Third quarter 2024 results: €0.12 loss per share (down from €0.088 profit in 3Q 2023). Revenue: €72.3m (up 11% from 3Q 2023). Net loss: €1.86m (down 237% from profit in 3Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Sep 11Second quarter 2024 earnings released: €0.40 loss per share (vs €0.80 loss in 2Q 2023)Second quarter 2024 results: €0.40 loss per share (improved from €0.80 loss in 2Q 2023). Revenue: €64.4m (up 5.5% from 2Q 2023). Net loss: €6.19m (loss narrowed 50% from 2Q 2023). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 30PSI Software SE Provides Earnings Guidance for the Full Year of 2024PSI Software SE provided earnings guidance for the full year of 2024. The Executive Board expects, taking into account the negative effects of the cyberattack, a reduction in sales of around EUR 20 million to EUR 30 million and a negative operating result in the upper single-digit to lower double-digit million range for the full year.
お知らせ • Jul 30PSI Software SE Announces Appointment of Uwe Hack as Its New ChairmanThe Supervisory Board of PSI Software SE has elected Dr. Uwe Hack as its new Chairman at its constituent meeting following today's Annual General Meeting. Dr. Hack succeeds Mr. Karsten Trippel, who was no longer available for a further term on the Supervisory Board.
お知らせ • Jul 26PSI Software SE Announces Retirement of Karsten Trippel as Chairman of the Supervisory BoardPSI Software SE announced the current chairman of the supervisory board of the company Mr. Karsten Trippel, will not be available for a further term of office on the supervisory board. The Supervisory Board's proposed resolution on agenda item 6.1 to elect Mr. Trippel to the Supervisory Board for a further term of office at the upcoming Annual General Meeting of PSI on July 26, 2024 will therefore not be put to the vote. Mr. Trippel's current term of office until the end of the Annual General Meeting on July 26, 2024 and his current chairmanship of the Supervisory Board remain unaffected by this.
Price Target Changed • Jul 01Price target decreased by 7.4% to €30.18Down from €32.58, the current price target is an average from 6 analysts. New target price is 37% above last closing price of €22.00. Stock is down 32% over the past year. The company is forecast to post a net loss per share of €0.59 next year compared to a net loss per share of €0.047 last year.
Major Estimate Revision • Jun 27Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €269.9m to €266.4m. Losses expected to increase from €0.50 per share to €0.58. Software industry in Germany expected to see average net income growth of 20% next year. Consensus price target down from €32.58 to €30.92. Share price rose 6.4% to €21.70 over the past week.
お知らせ • Jun 20PSI Software SE, Annual General Meeting, Jul 26, 2024PSI Software SE, Annual General Meeting, Jul 26, 2024, at 10:00 W. Europe Standard Time.
お知らせ • Jun 13Psi Software SE Appoints Erol Bozak as Chief Technology OfficerPSI Software SE appoints a Chief Technology Officer (CTO) for the first time and fills the position with Erol Bozak (50). His area of responsibility includes the central development team and the Research & Development activities. One of his focuses will be the cloud transformation of the PSI portfolio. With this strategic step, PSI underlines its commitment to innovation and technological excellence. Erol Bozak will report directly to the Executive Board. As co-founder and Chief Product Officer of Treasury Intelligence Solutions (TIS) GmbH since 2010, Erol Bozak built up one of the fastest growing fintech companies in Europe. Prior to that, he was Program Manager at SAP, driving Infrastructure-as-a-Service (IaaS) and cloud initiatives. The computer science graduate began his career in the Supply Chain Management department of Fraunhofer Gesellschaft. He holds an Executive MBA from Mannheim Business School and more than 40 patents granted in the USA in the areas of cloud computing, SaaS and Fintech.
お知らせ • May 03PSI Software SE to Report Fiscal Year 2023 Final Results on Jun 04, 2024PSI Software SE announced that they will report fiscal year 2023 final results on Jun 04, 2024
分析記事 • Apr 26PSI Software (ETR:PSAN) Is Reinvesting At Lower Rates Of ReturnIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
分析記事 • Feb 23PSI Software SE (ETR:PSAN) Might Not Be As Mispriced As It LooksPSI Software SE's ( ETR:PSAN ) price-to-sales (or "P/S") ratio of 1.3x might make it look like a buy right now compared...
分析記事 • Dec 21Are Investors Undervaluing PSI Software SE (ETR:PSAN) By 41%?Key Insights PSI Software's estimated fair value is €44.32 based on 2 Stage Free Cash Flow to Equity Current share...
お知らせ • Dec 07+ 4 more updatesPSI Software SE, Annual General Meeting, Jun 05, 2024PSI Software SE, Annual General Meeting, Jun 05, 2024.
Reported Earnings • Oct 30Third quarter 2023 earnings released: EPS: €0.088 (vs €0.31 in 3Q 2022)Third quarter 2023 results: EPS: €0.088 (down from €0.31 in 3Q 2022). Revenue: €70.3m (up 11% from 3Q 2022). Net income: €1.36m (down 72% from 3Q 2022). Profit margin: 1.9% (down from 7.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Aug 23Consensus EPS estimates increase by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.152 to €0.182. Revenue forecast steady at €270.3m. Net income forecast to grow 962% next year vs 13% growth forecast for Software industry in Germany. Consensus price target broadly unchanged at €36.83. Share price rose 2.9% to €26.70 over the past week.
Major Estimate Revision • Aug 15Consensus EPS estimates increase by 79%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.085 to €0.152. Revenue forecast steady at €270.1m. Net income forecast to grow 961% next year vs 13% growth forecast for Software industry in Germany. Consensus price target down from €37.33 to €36.50. Share price rose 2.7% to €26.75 over the past week.
分析記事 • Aug 06Investors Could Be Concerned With PSI Software's (ETR:PSAN) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Major Estimate Revision • Aug 03Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €1.19 to €0.965 per share. Revenue forecast steady at €271.1m. Net income forecast to grow 1,611% next year vs 15% growth forecast for Software industry in Germany. Consensus price target down from €39.70 to €38.40. Share price fell 13% to €24.75 over the past week.
New Risk • Aug 01New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Dividend per share is over 6x cash flows per share. Dividend yield: 1.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Dividend per share is over 6x cash flows per share. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).
New Risk • Jul 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 6.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).
Reported Earnings • Jul 30Second quarter 2023 earnings released: €0.80 loss per share (vs €0.17 profit in 2Q 2022)Second quarter 2023 results: €0.80 loss per share (down from €0.17 profit in 2Q 2022). Revenue: €61.0m (up 4.4% from 2Q 2022). Net loss: €12.4m (down €15.1m from profit in 2Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
New Risk • Jul 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).
Buying Opportunity • Jul 10Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be €39.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.
Upcoming Dividend • May 17Upcoming dividend of €0.40 per share at 1.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).
Buying Opportunity • May 08Now 21% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be €36.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.
分析記事 • Apr 15Calculating The Intrinsic Value Of PSI Software AG (ETR:PSAN)Key Insights Using the 2 Stage Free Cash Flow to Equity, PSI Software fair value estimate is €33.05 With €27.80 share...
Buying Opportunity • Apr 05Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €33.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.
Reported Earnings • Mar 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: €1.07 (up from €1.01 in FY 2021). Revenue: €261.6m (up 5.3% from FY 2021). Net income: €16.7m (up 5.7% from FY 2021). Profit margin: 6.4% (in line with FY 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 10PSI Software (ETR:PSAN) Is Doing The Right Things To Multiply Its Share PriceWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €28.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Software industry in Germany. Total returns to shareholders of 85% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €26.42 per share.
Major Estimate Revision • Dec 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.87 to €0.76 per share. Revenue forecast steady at €253.4m. Net income forecast to grow 19% next year vs 18% growth forecast for Software industry in Germany. Consensus price target down from €38.20 to €37.20. Share price was steady at €22.55 over the past week.
お知らせ • Dec 08+ 4 more updatesPSI Software AG to Report Fiscal Year 2022 Results on Mar 29, 2023PSI Software AG announced that they will report fiscal year 2022 results on Mar 29, 2023
Price Target Changed • Nov 28Price target decreased to €38.20Down from €43.45, the current price target is an average from 6 analysts. New target price is 70% above last closing price of €22.50. Stock is down 50% over the past year. The company is forecast to post earnings per share of €0.87 for next year compared to €1.01 last year.
Major Estimate Revision • Nov 04Consensus EPS estimates fall by 25%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €262.3m to €255.5m. EPS estimate also fell from €1.15 per share to €0.87 per share. Net income forecast to grow 35% next year vs 18% growth forecast for Software industry in Germany. Consensus price target down from €45.00 to €42.12. Share price rose 5.9% to €23.30 over the past week.
分析記事 • Nov 02PSI Software AG Recorded A 15% Miss On Revenue: Analysts Are Revisiting Their ModelsInvestors in PSI Software AG ( ETR:PSAN ) had a good week, as its shares rose 7.3% to close at €23.40 following the...
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: €0.31 (vs €0.26 in 3Q 2021)Third quarter 2022 results: EPS: €0.31 (up from €0.26 in 3Q 2021). Revenue: €69.0m (up 14% from 3Q 2021). Net income: €4.87m (up 20% from 3Q 2021). Profit margin: 7.1% (up from 6.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.
Major Estimate Revision • Aug 05Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €273.6m to €262.9m. EPS estimate also fell from €1.28 per share to €1.12 per share. Net income forecast to grow 53% next year vs 17% growth forecast for Software industry in Germany. Consensus price target down from €49.33 to €46.60. Share price rose 3.9% to €25.30 over the past week.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: €0.17 (vs €0.25 in 2Q 2021)Second quarter 2022 results: EPS: €0.17 (down from €0.25 in 2Q 2021). Revenue: €60.9m (flat on 2Q 2021). Net income: €2.68m (down 31% from 2Q 2021). Profit margin: 4.4% (down from 6.4% in 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €24.65, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Software industry in Germany. Total returns to shareholders of 48% over the past three years.
分析記事 • May 19PSI Software (ETR:PSAN) Is Paying Out A Larger Dividend Than Last YearThe board of PSI Software AG ( ETR:PSAN ) has announced that it will be increasing its dividend on the 24th of May to...
Upcoming Dividend • May 13Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.0%).
分析記事 • Apr 29PSI Software's (ETR:PSAN) Shareholders Will Receive A Bigger Dividend Than Last YearPSI Software AG ( ETR:PSAN ) has announced that it will be increasing its dividend on the 24th of May to €0.40. This...
分析記事 • Apr 15PSI Software's (ETR:PSAN) Dividend Will Be Increased To €0.40PSI Software AG's ( ETR:PSAN ) dividend will be increasing on the 24th of May to €0.40, with investors receiving 33...
分析記事 • Apr 01PSI Software's (ETR:PSAN) Shareholders Will Receive A Bigger Dividend Than Last YearPSI Software AG ( ETR:PSAN ) will increase its dividend on the 24th of May to €0.40, which is 33% higher than last...
お知らせ • Mar 29PSI Software AG Proposes Dividend for the Year December 31, 2021PSI Software AG proposed to the Annual General Meeting a dividend of EUR 0.40 (previous year: EUR 0.30) for the year December 31, 2021.
お知らせ • Feb 02PSI Software AG (XTRA:PSAN) announces an Equity Buyback for 50,000 shares, representing 0.32% for €1.8 million.PSI Software AG (XTRA:PSAN) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.32% of its issued share capital, for a total of €1.8 million. The shares will not be purchased at a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the purchase will be carried out. The program is aimed at the implementation of employee participation program. The program will terminate on April 30, 2022.
分析記事 • Jan 22Here's Why I Think PSI Software (ETR:PSAN) Is An Interesting StockFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Jan 06We Think PSI Software (ETR:PSAN) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Dec 09PSI Software (ETR:PSAN) Might Have The Makings Of A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Price Target Changed • Nov 30Price target increased to €45.20Up from €40.83, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €45.80. Stock is up 89% over the past year. The company is forecast to post earnings per share of €1.09 for next year compared to €0.66 last year.
Price Target Changed • Nov 23Price target increased to €43.17Up from €39.10, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €45.00. Stock is up 95% over the past year. The company is forecast to post earnings per share of €1.09 for next year compared to €0.66 last year.
Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS €0.26 (vs €0.14 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €60.5m (up 13% from 3Q 2020). Net income: €4.06m (up 82% from 3Q 2020). Profit margin: 6.7% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Nov 01Price target increased to €39.10Up from €34.04, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €41.10. Stock is up 75% over the past year. The company is forecast to post earnings per share of €1.13 for next year compared to €0.66 last year.
分析記事 • Aug 25We Think PSI Software (ETR:PSAN) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Aug 20Price target increased to €35.35Up from €32.63, the current price target is an average from 6 analysts. New target price is 15% below last closing price of €41.80. Stock is up 101% over the past year.
分析記事 • Aug 05Return Trends At PSI Software (ETR:PSAN) Aren't AppealingTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS €0.25 (vs €0.14 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €63.8m (up 18% from 2Q 2020). Net income: €3.90m (up 76% from 2Q 2020). Profit margin: 6.1% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to €39.00, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 36x in the Software industry in Germany. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.38 per share.
Executive Departure • Jul 01CFO & Member of Executive Board Harald Fuchs has left the companyDuring their tenure, earnings grew by 14% annually compared to the industry average of 12%. On the 30th of June, Harald Fuchs left the company after 8.0 in the role. As of March 2021, Harald still personally held 7.02k shares (€124k worth at the time). Harald is the only executive to leave the company over the last 12 months.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to €33.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 34x in the Software industry in Germany. Total returns to shareholders of 112% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.71 per share.
分析記事 • Jun 26Estimating The Fair Value Of PSI Software AG (ETR:PSAN)Does the June share price for PSI Software AG ( ETR:PSAN ) reflect what it's really worth? Today, we will estimate the...
お知らせ • Jun 09PSI Software AG (XTRA:PSAN) announces an Equity Buyback for 50,000 shares, representing 0.32% for €1.43 million.PSI Software AG (XTRA:PSAN) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.32% of its issued share capital, for a total of €1.43 million. The shares will not be purchased at a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the purchase will be carried out. The program is aimed at the implementation of employee participation program. The program will terminate on October 31, 2021.
Price Target Changed • Jun 07Price target increased to €32.63Up from €30.10, the current price target is an average from 6 analysts. New target price is 11% above last closing price of €29.30. Stock is up 33% over the past year.
Upcoming Dividend • May 13Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 25 May 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).