View ValuationSword Group 향후 성장Future 기준 점검 4/6Sword Group (는) 각각 연간 17.8% 및 10.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 17.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 27.1% 로 예상됩니다.핵심 정보17.8%이익 성장률17.69%EPS 성장률IT 이익 성장13.2%매출 성장률10.1%향후 자기자본이익률27.05%애널리스트 커버리지Low마지막 업데이트24 Apr 2026최근 향후 성장 업데이트공지 • Oct 28Sword Group Provides Earnings Guidance for the Full Year of 2023Sword Group provided earnings guidance for the full year of 2023. For the year, the company expects revenue, Excluding AAA, will be higher than the annual target of €280 million, closer to €282 million. On this basis, organic growth for the year will exceed 18% and therefore significantly above budget.공지 • Jul 23Sword Group S.E. Provides Revenue Guidance for the Full Year 2023Sword Group S.E. provides revenue guidance for the full year 2023. Without AAA, the company expects revenue to be €280 million.모든 업데이트 보기Recent updatesDeclared Dividend • Apr 20Dividend of €2.00 announcedDividend of €2.00 is the same as last year. Ex-date: 29th April 2026 Payment date: 4th May 2026 Dividend yield will be 5.8%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control. EPS is expected to grow by 56% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Mar 30Full year 2025 earnings released: EPS: €2.02 (vs €2.31 in FY 2024)Full year 2025 results: EPS: €2.02 (down from €2.31 in FY 2024). Revenue: €357.7m (up 11% from FY 2024). Net income: €19.0m (down 13% from FY 2024). Profit margin: 5.3% (down from 6.8% in FY 2024). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공지 • Mar 14Sword Group S.E., Annual General Meeting, Apr 28, 2026Sword Group S.E., Annual General Meeting, Apr 28, 2026.공지 • Mar 12Sword Group Proposes DividendSword Group proposed dividend of EUR 2 per share to the Annual General Meeting.공지 • Jan 23Sword Group S.E. to Report Q1, 2026 Results on Apr 23, 2026Sword Group S.E. announced that they will report Q1, 2026 results on Apr 23, 2026공지 • Dec 24Mci Benelux acquired Tipik S.A. from Sword Group S.E. (ENXTPA:SWP).Mci Benelux acquired Tipik S.A. from Sword Group S.E. (ENXTPA:SWP) on December 22, 2025. Mci Benelux completed the acquisition of Tipik S.A. from Sword Group S.E. (ENXTPA:SWP) on December 22, 2025.공지 • Oct 24Sword Group S.E. (ENXTPA:SWP) acquired Full On Net Sl.Sword Group S.E. (ENXTPA:SWP) acquired Full On Net Sl on October 23, 2025. Full On Net will operate under the Sword brand, and its teams will continue to serve their clients with the same commitment to excellence, now backed by the resources and global reach of Sword Group. David Martinez, current Director of Full On Net, to Sword Group, will become the Managing Director of Full On Net Sword Group S.E. (ENXTPA:SWP) completed the acquisition of Full On Net Sl on October 23, 2025Reported Earnings • Sep 05First half 2025 earnings released: EPS: €0.94 (vs €1.08 in 1H 2024)First half 2025 results: EPS: €0.94 (down from €1.08 in 1H 2024). Revenue: €175.8m (up 12% from 1H 2024). Net income: €8.83m (down 13% from 1H 2024). Profit margin: 5.0% (down from 6.5% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Declared Dividend • Apr 14Dividend increased to €2.00Dividend of €2.00 is 18% higher than last year. Ex-date: 29th April 2025 Payment date: 2nd May 2025 Dividend yield will be 6.4%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공지 • Apr 07Sword Group S.E. acquired Idelta Limited.Sword Group S.E. agreed to acquire Idelta Limited on April 1, 2025. Sword Group S.E. completed acquisition of Idelta Limited on April 1, 2025.Reported Earnings • Mar 30Full year 2024 earnings released: EPS: €2.31 (vs €2.40 in FY 2023)Full year 2024 results: EPS: €2.31 (down from €2.40 in FY 2023). Revenue: €323.0m (up 12% from FY 2023). Net income: €21.8m (down 4.4% from FY 2023). Profit margin: 6.8% (down from 7.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.공지 • Mar 29Sword Group S.E. Proposes Dividend, Payable on May 2, 2025Sword Group S.E. proposed dividend of €2.0 gross per share. Ex-date is April 30, 2025. The dividend will be payable on May 2, 2025. Pending approval at the AGM on April 28, 2025.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €36.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 25x in the IT industry in the United Kingdom. Total returns to shareholders of 15% over the past three years.공지 • Sep 02Sword Group S.E. (ENXTPA:SWP) acquired incor ag.Sword Group S.E. (ENXTPA:SWP) acquired incor ag effective July 1, 2024. INCOR’s current turnover trend is CHF6 million, with an EBITDA margin of 8%, which should increase from 2025.Reported Earnings • Aug 29First half 2024 earnings released: EPS: €1.08 (vs €1.35 in 1H 2023)First half 2024 results: EPS: €1.08 (down from €1.35 in 1H 2023). Revenue: €156.9m (up 7.4% from 1H 2023). Net income: €10.2m (down 21% from 1H 2023). Profit margin: 6.5% (down from 8.8% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Antonietta Michelino was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 26Upcoming dividend of €1.70 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 71% and the cash payout ratio is 85%. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.7%).Upcoming Dividend • Apr 23Upcoming dividend of €1.70 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 71% and the cash payout ratio is 85%. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (2.8%).Declared Dividend • Apr 03Dividend of €1.70 announcedDividend of €1.70 is the same as last year. Ex-date: 30th April 2024 Payment date: 3rd May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.4%. Sustainability & Growth The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control. EPS is expected to grow by 5.2% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Mar 10Full year 2023 earnings releasedFull year 2023 results: Revenue: €288.1m (up 5.8% from FY 2022). Net income: €25.2m (down 77% from FY 2022). Profit margin: 8.7% (down from 40% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in the United Kingdom.공지 • Mar 08Sword Group S.E. Proposes DividendSword Group S.E. proposed dividend of €1.7 per share to the Annual General Meeting.공지 • Mar 07Sword Group S.E., Annual General Meeting, Apr 29, 2024Sword Group S.E., Annual General Meeting, Apr 29, 2024. Agenda: To approve 2023 accounts; and to approve dividend.Buying Opportunity • Nov 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €45.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 63% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €35.35, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the IT industry in the United Kingdom. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €46.79 per share.공지 • Oct 28Sword Group Provides Earnings Guidance for the Full Year of 2023Sword Group provided earnings guidance for the full year of 2023. For the year, the company expects revenue, Excluding AAA, will be higher than the annual target of €280 million, closer to €282 million. On this basis, organic growth for the year will exceed 18% and therefore significantly above budget.New Risk • Sep 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 46% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Cash payout ratio: 97% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin).공지 • Jul 23Sword Group S.E. Provides Revenue Guidance for the Full Year 2023Sword Group S.E. provides revenue guidance for the full year 2023. Without AAA, the company expects revenue to be €280 million.Upcoming Dividend • Apr 25Upcoming dividend of €1.70 per share at 3.9% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 04 May 2023. Payout ratio is a comfortable 15% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.3%).Reported Earnings • Mar 30Full year 2022 earnings released: EPS: €11.51 (vs €1.85 in FY 2021)Full year 2022 results: EPS: €11.51 (up from €1.85 in FY 2021). Revenue: €272.3m (up 27% from FY 2021). Net income: €109.8m (up €92.1m from FY 2021). Profit margin: 40% (up from 8.2% in FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director M. Ory was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 03First half 2022 earnings released: EPS: €11.15 (vs €1.00 in 1H 2021)First half 2022 results: EPS: €11.15 (up from €1.00 in 1H 2021). Revenue: €132.0m (up 33% from 1H 2021). Net income: €106.3m (up €96.8m from 1H 2021). Profit margin: 81% (up from 9.6% in 1H 2021). Over the next year, revenue is forecast to grow 10%, compared to a 17% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 23Now 21% undervaluedOver the last 90 days, the stock is up 2.3%. The fair value is estimated to be €51.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is forecast to decline by 17% per annum over the same time period.Buying Opportunity • Jul 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.5%. The fair value is estimated to be €50.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is forecast to decline by 17% per annum over the same time period.Valuation Update With 7 Day Price Move • May 02Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to €39.55, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 27x in the IT industry in the United Kingdom. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €53.72 per share.Buying Opportunity • Apr 30Now 32% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €60.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Patrice Crochet was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Apr 22Upcoming dividend of €10.00 per shareEligible shareholders must have bought the stock before 29 April 2022. Payment date: 03 May 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 20%. Within top quartile of British dividend payers (4.6%). Higher than average of industry peers (2.3%).Reported Earnings • Apr 03Full year 2021 earnings released: EPS: €1.85 (vs €5.59 in FY 2020)Full year 2021 results: EPS: €1.85 (down from €5.59 in FY 2020). Revenue: €214.6m (up 1.0% from FY 2020). Net income: €17.7m (down 67% from FY 2020). Profit margin: 8.2% (down from 25% in FY 2020). Over the next year, revenue is forecast to grow 19%, compared to a 16% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to €45.25, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the IT industry in the United Kingdom. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €79.16 per share.Upcoming Dividend • Apr 30Upcoming dividend of €4.80 per shareEligible shareholders must have bought the stock before 07 May 2021. Payment date: 11 May 2021. Trailing yield: 12%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.8%).Reported Earnings • Mar 28Full year 2020 earnings released: EPS €5.59 (vs €1.39 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €212.5m (flat on FY 2019). Net income: €53.3m (up 302% from FY 2019). Profit margin: 25% (up from 6.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 12New 90-day high: €37.35The company is up 22% from its price of €30.70 on 11 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.07 per share.Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 15% share price gain to €36.20, the stock is trading at a trailing P/E ratio of 24.7x, up from the previous P/E ratio of 21.4x. This compares to an average P/E of 39x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 41%.Valuation Update With 7 Day Price Move • Nov 30Market bids up stock over the past weekAfter last week's 15% share price gain to €36.20, the stock is trading at a trailing P/E ratio of 24.5x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 37x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 41%.Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 15% share price gain to €36.20, the stock is trading at a trailing P/E ratio of 24.6x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 37x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 41%.이익 및 매출 성장 예측LSE:0MN5 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028482332934212/31/2027438312735312/31/2026386262732212/31/2025358191923N/A9/30/2025350201418N/A6/30/202534220913N/A3/31/2025332211418N/A12/31/2024323221923N/A9/30/2024311211822N/A6/30/2024299201821N/A3/31/2024294211822N/A12/31/2023288231922N/A9/30/2023287201821N/A6/30/2023286161719N/A3/31/2023279631317N/A12/31/2022272110915N/A9/30/2022260112514N/A6/30/2022248114112N/A3/31/202223166415N/A12/31/202121518717N/A9/30/2021207381119N/A6/30/2021199591521N/A3/31/2021206562227N/A12/31/2020213532933N/A9/30/2020217332733N/A6/30/2020221122634N/A3/31/2020217132028N/A12/31/2019213131422N/A9/30/201920348N/A17N/A6/30/201919283N/A12N/A3/31/201918282N/A13N/A12/31/201817182N/A14N/A6/30/20181412N/A14N/A3/31/20181433N/A15N/A12/31/20171444N/A16N/A9/30/201717011N/A18N/A6/30/201716711N/A19N/A3/31/201716311N/A21N/A12/31/201616010N/A22N/A9/30/20161559N/A23N/A6/30/20161508N/A25N/A3/31/20161449N/A22N/A12/31/201513810N/A19N/A9/30/201513212N/A20N/A6/30/201512714N/A20N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 0MN5 의 연간 예상 수익 증가율(17.8%)이 saving rate(3.4%)보다 높습니다.수익 vs 시장: 0MN5 의 연간 수익(17.8%)이 UK 시장(12.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 0MN5 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 0MN5 의 수익(연간 10.1%)이 UK 시장(연간 4.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 0MN5 의 수익(연간 10.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 0MN5의 자본 수익률은 3년 후 27.1%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 07:53종가2026/05/07 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sword Group S.E.는 12명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Clement VignardGilbert DupontGuillaume CuvillierGilbert DupontEmmanuel ParotGilbert Dupont9명의 분석가 더 보기
공지 • Oct 28Sword Group Provides Earnings Guidance for the Full Year of 2023Sword Group provided earnings guidance for the full year of 2023. For the year, the company expects revenue, Excluding AAA, will be higher than the annual target of €280 million, closer to €282 million. On this basis, organic growth for the year will exceed 18% and therefore significantly above budget.
공지 • Jul 23Sword Group S.E. Provides Revenue Guidance for the Full Year 2023Sword Group S.E. provides revenue guidance for the full year 2023. Without AAA, the company expects revenue to be €280 million.
Declared Dividend • Apr 20Dividend of €2.00 announcedDividend of €2.00 is the same as last year. Ex-date: 29th April 2026 Payment date: 4th May 2026 Dividend yield will be 5.8%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control. EPS is expected to grow by 56% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Mar 30Full year 2025 earnings released: EPS: €2.02 (vs €2.31 in FY 2024)Full year 2025 results: EPS: €2.02 (down from €2.31 in FY 2024). Revenue: €357.7m (up 11% from FY 2024). Net income: €19.0m (down 13% from FY 2024). Profit margin: 5.3% (down from 6.8% in FY 2024). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공지 • Mar 14Sword Group S.E., Annual General Meeting, Apr 28, 2026Sword Group S.E., Annual General Meeting, Apr 28, 2026.
공지 • Mar 12Sword Group Proposes DividendSword Group proposed dividend of EUR 2 per share to the Annual General Meeting.
공지 • Jan 23Sword Group S.E. to Report Q1, 2026 Results on Apr 23, 2026Sword Group S.E. announced that they will report Q1, 2026 results on Apr 23, 2026
공지 • Dec 24Mci Benelux acquired Tipik S.A. from Sword Group S.E. (ENXTPA:SWP).Mci Benelux acquired Tipik S.A. from Sword Group S.E. (ENXTPA:SWP) on December 22, 2025. Mci Benelux completed the acquisition of Tipik S.A. from Sword Group S.E. (ENXTPA:SWP) on December 22, 2025.
공지 • Oct 24Sword Group S.E. (ENXTPA:SWP) acquired Full On Net Sl.Sword Group S.E. (ENXTPA:SWP) acquired Full On Net Sl on October 23, 2025. Full On Net will operate under the Sword brand, and its teams will continue to serve their clients with the same commitment to excellence, now backed by the resources and global reach of Sword Group. David Martinez, current Director of Full On Net, to Sword Group, will become the Managing Director of Full On Net Sword Group S.E. (ENXTPA:SWP) completed the acquisition of Full On Net Sl on October 23, 2025
Reported Earnings • Sep 05First half 2025 earnings released: EPS: €0.94 (vs €1.08 in 1H 2024)First half 2025 results: EPS: €0.94 (down from €1.08 in 1H 2024). Revenue: €175.8m (up 12% from 1H 2024). Net income: €8.83m (down 13% from 1H 2024). Profit margin: 5.0% (down from 6.5% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Declared Dividend • Apr 14Dividend increased to €2.00Dividend of €2.00 is 18% higher than last year. Ex-date: 29th April 2025 Payment date: 2nd May 2025 Dividend yield will be 6.4%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공지 • Apr 07Sword Group S.E. acquired Idelta Limited.Sword Group S.E. agreed to acquire Idelta Limited on April 1, 2025. Sword Group S.E. completed acquisition of Idelta Limited on April 1, 2025.
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: €2.31 (vs €2.40 in FY 2023)Full year 2024 results: EPS: €2.31 (down from €2.40 in FY 2023). Revenue: €323.0m (up 12% from FY 2023). Net income: €21.8m (down 4.4% from FY 2023). Profit margin: 6.8% (down from 7.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
공지 • Mar 29Sword Group S.E. Proposes Dividend, Payable on May 2, 2025Sword Group S.E. proposed dividend of €2.0 gross per share. Ex-date is April 30, 2025. The dividend will be payable on May 2, 2025. Pending approval at the AGM on April 28, 2025.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €36.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 25x in the IT industry in the United Kingdom. Total returns to shareholders of 15% over the past three years.
공지 • Sep 02Sword Group S.E. (ENXTPA:SWP) acquired incor ag.Sword Group S.E. (ENXTPA:SWP) acquired incor ag effective July 1, 2024. INCOR’s current turnover trend is CHF6 million, with an EBITDA margin of 8%, which should increase from 2025.
Reported Earnings • Aug 29First half 2024 earnings released: EPS: €1.08 (vs €1.35 in 1H 2023)First half 2024 results: EPS: €1.08 (down from €1.35 in 1H 2023). Revenue: €156.9m (up 7.4% from 1H 2023). Net income: €10.2m (down 21% from 1H 2023). Profit margin: 6.5% (down from 8.8% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Antonietta Michelino was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 26Upcoming dividend of €1.70 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 71% and the cash payout ratio is 85%. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.7%).
Upcoming Dividend • Apr 23Upcoming dividend of €1.70 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 71% and the cash payout ratio is 85%. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (2.8%).
Declared Dividend • Apr 03Dividend of €1.70 announcedDividend of €1.70 is the same as last year. Ex-date: 30th April 2024 Payment date: 3rd May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.4%. Sustainability & Growth The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control. EPS is expected to grow by 5.2% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Mar 10Full year 2023 earnings releasedFull year 2023 results: Revenue: €288.1m (up 5.8% from FY 2022). Net income: €25.2m (down 77% from FY 2022). Profit margin: 8.7% (down from 40% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in the United Kingdom.
공지 • Mar 08Sword Group S.E. Proposes DividendSword Group S.E. proposed dividend of €1.7 per share to the Annual General Meeting.
공지 • Mar 07Sword Group S.E., Annual General Meeting, Apr 29, 2024Sword Group S.E., Annual General Meeting, Apr 29, 2024. Agenda: To approve 2023 accounts; and to approve dividend.
Buying Opportunity • Nov 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €45.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 63% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €35.35, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the IT industry in the United Kingdom. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €46.79 per share.
공지 • Oct 28Sword Group Provides Earnings Guidance for the Full Year of 2023Sword Group provided earnings guidance for the full year of 2023. For the year, the company expects revenue, Excluding AAA, will be higher than the annual target of €280 million, closer to €282 million. On this basis, organic growth for the year will exceed 18% and therefore significantly above budget.
New Risk • Sep 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 46% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Cash payout ratio: 97% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin).
공지 • Jul 23Sword Group S.E. Provides Revenue Guidance for the Full Year 2023Sword Group S.E. provides revenue guidance for the full year 2023. Without AAA, the company expects revenue to be €280 million.
Upcoming Dividend • Apr 25Upcoming dividend of €1.70 per share at 3.9% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 04 May 2023. Payout ratio is a comfortable 15% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.3%).
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: €11.51 (vs €1.85 in FY 2021)Full year 2022 results: EPS: €11.51 (up from €1.85 in FY 2021). Revenue: €272.3m (up 27% from FY 2021). Net income: €109.8m (up €92.1m from FY 2021). Profit margin: 40% (up from 8.2% in FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director M. Ory was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 03First half 2022 earnings released: EPS: €11.15 (vs €1.00 in 1H 2021)First half 2022 results: EPS: €11.15 (up from €1.00 in 1H 2021). Revenue: €132.0m (up 33% from 1H 2021). Net income: €106.3m (up €96.8m from 1H 2021). Profit margin: 81% (up from 9.6% in 1H 2021). Over the next year, revenue is forecast to grow 10%, compared to a 17% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 23Now 21% undervaluedOver the last 90 days, the stock is up 2.3%. The fair value is estimated to be €51.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is forecast to decline by 17% per annum over the same time period.
Buying Opportunity • Jul 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.5%. The fair value is estimated to be €50.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is forecast to decline by 17% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 02Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to €39.55, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 27x in the IT industry in the United Kingdom. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €53.72 per share.
Buying Opportunity • Apr 30Now 32% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €60.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Patrice Crochet was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Apr 22Upcoming dividend of €10.00 per shareEligible shareholders must have bought the stock before 29 April 2022. Payment date: 03 May 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 20%. Within top quartile of British dividend payers (4.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: €1.85 (vs €5.59 in FY 2020)Full year 2021 results: EPS: €1.85 (down from €5.59 in FY 2020). Revenue: €214.6m (up 1.0% from FY 2020). Net income: €17.7m (down 67% from FY 2020). Profit margin: 8.2% (down from 25% in FY 2020). Over the next year, revenue is forecast to grow 19%, compared to a 16% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to €45.25, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the IT industry in the United Kingdom. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €79.16 per share.
Upcoming Dividend • Apr 30Upcoming dividend of €4.80 per shareEligible shareholders must have bought the stock before 07 May 2021. Payment date: 11 May 2021. Trailing yield: 12%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.8%).
Reported Earnings • Mar 28Full year 2020 earnings released: EPS €5.59 (vs €1.39 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €212.5m (flat on FY 2019). Net income: €53.3m (up 302% from FY 2019). Profit margin: 25% (up from 6.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 12New 90-day high: €37.35The company is up 22% from its price of €30.70 on 11 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.07 per share.
Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 15% share price gain to €36.20, the stock is trading at a trailing P/E ratio of 24.7x, up from the previous P/E ratio of 21.4x. This compares to an average P/E of 39x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 41%.
Valuation Update With 7 Day Price Move • Nov 30Market bids up stock over the past weekAfter last week's 15% share price gain to €36.20, the stock is trading at a trailing P/E ratio of 24.5x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 37x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 41%.
Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 15% share price gain to €36.20, the stock is trading at a trailing P/E ratio of 24.6x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 37x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 41%.