SWX:SWON

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SoftwareONE Holding

Executive Summary

SoftwareONE Holding AG provides software and cloud technology solutions worldwide. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.

Share Price & News

How has SoftwareONE Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SWON is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SWON's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.3%

SWON

1.3%

CH Electronic

0.05%

CH Market


1 Year Return

16.0%

SWON

10.2%

CH Electronic

1.0%

CH Market

Return vs Industry: SWON exceeded the Swiss Electronic industry which returned 10.2% over the past year.

Return vs Market: SWON exceeded the Swiss Market which returned 1% over the past year.


Shareholder returns

SWONIndustryMarket
7 Day1.3%1.3%0.05%
30 Day-2.1%3.7%4.0%
90 Day-8.5%-1.1%1.6%
1 Year17.3%16.0%11.9%10.2%4.5%1.0%
3 Yearn/a16.7%8.6%18.6%4.0%
5 Yearn/a133.1%107.2%36.3%13.8%

Long-Term Price Volatility Vs. Market

How volatile is SoftwareONE Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SoftwareONE Holding undervalued compared to its fair value and its price relative to the market?

28.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SWON (CHF23.15) is trading above our estimate of fair value (CHF22.88)

Significantly Below Fair Value: SWON is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SWON is good value based on its PE Ratio (28.8x) compared to the CH Electronic industry average (31.2x).

PE vs Market: SWON is poor value based on its PE Ratio (28.8x) compared to the Swiss market (22.7x).


Price to Earnings Growth Ratio

PEG Ratio: SWON is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: SWON is overvalued based on its PB Ratio (5.5x) compared to the CH Electronic industry average (3.2x).


Next Steps

Future Growth

How is SoftwareONE Holding forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

19.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SWON's forecast earnings growth (19.7% per year) is above the savings rate (-0.2%).

Earnings vs Market: SWON's earnings (19.7% per year) are forecast to grow faster than the Swiss market (13% per year).

High Growth Earnings: SWON's earnings are forecast to grow, but not significantly.

Revenue vs Market: SWON's revenue (10.2% per year) is forecast to grow faster than the Swiss market (4.7% per year).

High Growth Revenue: SWON's revenue (10.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SWON's Return on Equity is forecast to be high in 3 years time (21.2%)


Next Steps

Past Performance

How has SoftwareONE Holding performed over the past 5 years?

37.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SWON has high quality earnings.

Growing Profit Margin: SWON's current net profit margins (1.6%) are lower than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: SWON's earnings have grown significantly by 37.6% per year over the past 5 years.

Accelerating Growth: SWON's earnings growth over the past year (18.3%) is below its 5-year average (37.6% per year).

Earnings vs Industry: SWON earnings growth over the past year (18.3%) exceeded the Electronic industry -7.9%.


Return on Equity

High ROE: SWON's Return on Equity (19%) is considered low.


Next Steps

Financial Health

How is SoftwareONE Holding's financial position?


Financial Position Analysis

Short Term Liabilities: SWON's short term assets (CHF2.7B) exceed its short term liabilities (CHF2.5B).

Long Term Liabilities: SWON's short term assets (CHF2.7B) exceed its long term liabilities (CHF166.3M).


Debt to Equity History and Analysis

Debt Level: SWON's debt to equity ratio (17.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SWON's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SWON's debt is well covered by operating cash flow (386.8%).

Interest Coverage: SWON earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is SoftwareONE Holding current dividend yield, its reliability and sustainability?

0.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SWON's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.88%).

High Dividend: SWON's dividend (0.91%) is low compared to the top 25% of dividend payers in the Swiss market (3.69%).


Stability and Growth of Payments

Stable Dividend: SWON is not paying a notable dividend for the Swiss market, therefore no need to check if payments are stable.

Growing Dividend: SWON is not paying a notable dividend for the Swiss market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: SWON is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SWON's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average board tenure


CEO

Dieter Schlosser (54 yo)

1.83yrs

Tenure

Mr. Dieter Schlosser serves as Member of the Executive Board of SoftwareONE Holding AG. and has been its Chief Executive Officer since 2019.


Board Members

NamePositionTenureCompensationOwnership
Peter Kurer
Lead Independent Directorno datano data0.16%
CHF 6.4m
Timo Ihamuotila
Independent Director1.08yrsno data0.0057%
CHF 227.5k
José Duarte
Independent Director1.08yrsno datano data
Jean-Pierre Saad
Non-Executive Director5.83yrsno datano data
Marie-Pierre Rogers
Independent Director1.08yrsno data0.0085%
CHF 341.4k
Daniel Stockar
Chairmanno datano datano data
René Gilli
Non-Executive Director7.83yrsno datano data

1.1yrs

Average Tenure

59yo

Average Age

Experienced Board: SWON's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14%.


Top Shareholders

Company Information

SoftwareONE Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SoftwareONE Holding AG
  • Ticker: SWON
  • Exchange: SWX
  • Founded:
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: CHF3.997b
  • Shares outstanding: 175.71m
  • Website: https://www.softwareone.com

Number of Employees


Location

  • SoftwareONE Holding AG
  • Riedenmatt 4
  • Stans
  • Nidwalden
  • 6370
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SWONSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFOct 2019

Biography

SoftwareONE Holding AG provides software and cloud technology solutions worldwide. It offers software licensing and procurement to software lifecycle management; and cloud-first advisory, delivery, and man...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/23 22:09
End of Day Share Price2020/11/20 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.