SoftwareOne Holding AG

SWX:SWON Stock Report

Market Cap: CHF 1.5b

SoftwareOne Holding Past Earnings Performance

Past criteria checks 1/6

SoftwareOne Holding's earnings have been declining at an average annual rate of -63.9%, while the Electronic industry saw earnings declining at 12% annually. Revenues have been growing at an average rate of 32.9% per year. SoftwareOne Holding's return on equity is 0.1%, and it has net margins of 0.07%.

Key information

-63.93%

Earnings growth rate

-63.97%

EPS growth rate

Electronic Industry Growth10.05%
Revenue growth rate32.87%
Return on equity0.14%
Net Margin0.072%
Next Earnings Update26 Aug 2026

Recent past performance updates

Shareholders Will Be Pleased With The Quality of SoftwareOne Holding's (VTX:SWON) Earnings

Apr 07
Shareholders Will Be Pleased With The Quality of SoftwareOne Holding's (VTX:SWON) Earnings

Recent updates

SWON: Higher Margins And New Cloud Distribution Role Will Support Rerating

Analysts have trimmed their price target on SoftwareOne Holding by about CHF 0.31 to reflect updated expectations around growth, profitability and valuation. This move is in line with recent target cuts of CHF 2.30 and CHF 0.85 reported by major research houses.

SWON: Future Crayon Integration Progress Will Drive Reassessment Of Equity Upside

Analysts have trimmed their price targets for SoftwareOne Holding, with one cut of CHF 0.85 and another to CHF 7.90, citing a tougher outlook around vendor incentives and the integration of Crayon. Analyst Commentary Recent research updates on SoftwareOne highlight a tougher setup for the stock, with attention on vendor incentives and the integration of Crayon.

Shareholders Will Be Pleased With The Quality of SoftwareOne Holding's (VTX:SWON) Earnings

Apr 07
Shareholders Will Be Pleased With The Quality of SoftwareOne Holding's (VTX:SWON) Earnings

SWON: Crayon Integration Progress Will Drive Rerating Despite Vendor Incentive Pressure

Analysts have trimmed their fair value estimate for SoftwareOne Holding from CHF 13.17 to CHF 12.00, reflecting a lower forward P/E assumption and concerns about declining vendor incentives and the Crayon integration, which also led to a reduced Street price target to CHF 7.90. Analyst Commentary Recent Street commentary paints a cautious picture for SoftwareOne Holding, with the latest moves pointing to an "uphill battle" around declining vendor incentives and execution on the Crayon integration.

SWON: Crayon Integration Execution Will Offset Vendor Incentive Headwinds

Analysts have trimmed their price target for SoftwareOne Holding to CHF 7.90 from CHF 8.10, citing what they see as an uphill battle related to declining vendor incentives and the Crayon integration. Analyst Commentary Recent research points to a more cautious stance on SoftwareOne Holding, with the latest move being a downgrade alongside a lower price target of CHF 7.90 from CHF 8.10.

SWON: Crayon Integration Execution Will Overcome Vendor Incentive Headwinds

Analysts have trimmed their price target on SoftwareOne Holding to CHF 7.90, from CHF 8.10, citing an "uphill battle" linked to declining vendor incentives and the integration of Crayon. This feeds into slightly lower fair value estimates and a modestly reduced future P/E assumption.

SWON: Crayon Integration Progress Will Offset Vendor Incentive Headwinds

Analysts have trimmed their price target on SoftwareOne Holding to CHF 7.90 from CHF 8.10, citing concerns about declining vendor incentives and the integration of Crayon as key reasons for the more cautious stance. Analyst Commentary Recent commentary highlights that the downgrade to Underweight comes with a trimmed price target of CHF 7.90.

Investors Aren't Entirely Convinced By SoftwareOne Holding AG's (VTX:SWON) Revenues

Feb 01
Investors Aren't Entirely Convinced By SoftwareOne Holding AG's (VTX:SWON) Revenues

SWON: Crayon Integration Progress Will Drive Future Earnings Power

Analysts have trimmed their price expectations for SoftwareOne Holding, with the average target moving lower to around CHF 7.90 from CHF 8.10 as they factor in softer vendor incentives and integration risks linked to Crayon, while still reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin, and future price-to-earnings ratio. Analyst Commentary Recent commentary highlights a tougher setup for SoftwareOne Holding as it works through weaker vendor incentives and the Crayon integration.

SWON: Higher Future P/E Assumptions Will Support Stronger Earnings Power

Analysts have raised their price target on SoftwareOne Holding to CHF 8.40 from CHF 7.40, reflecting updated views on growth, profitability and a higher future P/E assumption. Analyst Commentary Bullish analysts see the new CHF 8.40 price target as a reflection of updated expectations around SoftwareOne Holding's potential on growth, profitability and valuation.

SWON: Rising Revenue Quality Will Drive Stronger Margins And Share Price Upside

Analysts have modestly raised their price target on SoftwareOne Holding to CHF 8.40 from CHF 7.40, citing stronger expected revenue growth and improving profit margins despite a slightly higher discount rate. Analyst Commentary Bullish analysts view the revised price target as a reflection of growing confidence in SoftwareOne Holding's ability to execute on its strategic priorities and sustain revenue expansion.

Are Investors Undervaluing SoftwareOne Holding AG (VTX:SWON) By 44%?

Nov 12
Are Investors Undervaluing SoftwareOne Holding AG (VTX:SWON) By 44%?

Analyst Commentary Highlights Modest Optimism as SoftwareOne Holding Sees Slight Price Target Increase

Analysts have slightly raised their average price target for SoftwareOne Holding to CHF 8.88, citing modest adjustments to key assumptions such as revenue growth and discount rates. Analyst Commentary Recent updates from street research have highlighted both supportive and cautious perspectives regarding SoftwareOne Holding’s future prospects.

Cloud Migration And Global Expansion Will Unlock Long-Term Value

Narrative Update: SoftwareOne Holding Analyst Price Target Revised Analysts have reduced their price target for SoftwareOne Holding from CHF 9.25 to CHF 8.77. This change is attributed to moderated revenue growth projections and a slightly higher discount rate following recent research updates.

Investors Still Aren't Entirely Convinced By SoftwareOne Holding AG's (VTX:SWON) Revenues Despite 29% Price Jump

Sep 12
Investors Still Aren't Entirely Convinced By SoftwareOne Holding AG's (VTX:SWON) Revenues Despite 29% Price Jump

Market Cool On SoftwareOne Holding AG's (VTX:SWON) Revenues

Jul 18
Market Cool On SoftwareOne Holding AG's (VTX:SWON) Revenues
User avatar

Crayon Integration And New Partnerships Expected To Drive Future Growth

Strategic partnerships and market strategy transformations are set to fuel revenue growth across various sectors and regions.

Returns On Capital At SoftwareONE Holding (VTX:SWON) Paint A Concerning Picture

May 29
Returns On Capital At SoftwareONE Holding (VTX:SWON) Paint A Concerning Picture

SoftwareONE Holding (VTX:SWON) Has Announced That It Will Be Increasing Its Dividend To CHF0.35

Mar 09
SoftwareONE Holding (VTX:SWON) Has Announced That It Will Be Increasing Its Dividend To CHF0.35

SoftwareONE Holding (VTX:SWON) Could Be Struggling To Allocate Capital

Jan 26
SoftwareONE Holding (VTX:SWON) Could Be Struggling To Allocate Capital

SoftwareONE Holding (VTX:SWON) Will Be Hoping To Turn Its Returns On Capital Around

Oct 19
SoftwareONE Holding (VTX:SWON) Will Be Hoping To Turn Its Returns On Capital Around

SoftwareONE Holding (VTX:SWON) Seems To Use Debt Quite Sensibly

Sep 17
SoftwareONE Holding (VTX:SWON) Seems To Use Debt Quite Sensibly

Is It Time To Consider Buying SoftwareONE Holding AG (VTX:SWON)?

Jul 08
Is It Time To Consider Buying SoftwareONE Holding AG (VTX:SWON)?

The SoftwareONE Holding AG (VTX:SWON) Analysts Have Been Trimming Their Sales Forecasts

Mar 30
The SoftwareONE Holding AG (VTX:SWON) Analysts Have Been Trimming Their Sales Forecasts

Returns At SoftwareONE Holding (VTX:SWON) Appear To Be Weighed Down

Mar 26
Returns At SoftwareONE Holding (VTX:SWON) Appear To Be Weighed Down

Revenue & Expenses Breakdown

How SoftwareOne Holding makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SWX:SWON Revenue, expenses and earnings (CHF Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 251,2431170
30 Sep 251,108-9170
30 Jun 25973-20160
31 Mar 25994-11160
31 Dec 241,015-1160
30 Sep 241,0257140
30 Jun 241,03416130
31 Mar 241,02319130
31 Dec 231,01121130
30 Sep 231,003301690
30 Jun 23994393260
31 Mar 23985-104970
31 Dec 22976-586680
30 Sep 22961-216700
30 Jun 22946166730
31 Mar 22930676440
31 Dec 219141186150
30 Sep 21-9421335680
30 Jun 21-2,7991495200
31 Mar 21-9831634940
31 Dec 208321774670
30 Sep 204,3151514710
30 Jun 207,7981254750
31 Mar 207,7041254640
31 Dec 197,6111264520
30 Sep 196,6651163870
30 Jun 195,7201053210
31 Mar 194,730922730
31 Dec 183,741782260
31 Dec 173,310412250
31 Dec 163,041182220

Quality Earnings: SWON has a large one-off loss of CHF17.5M impacting its last 12 months of financial results to 31st December, 2025.

Growing Profit Margin: SWON became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SWON's earnings have declined by 63.9% per year over the past 5 years.

Accelerating Growth: SWON has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SWON has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-44.6%).


Return on Equity

High ROE: SWON's Return on Equity (0.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/05 18:17
End of Day Share Price 2026/05/05 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SoftwareOne Holding AG is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andreas WolfBerenberg
Ben Castillo-BernausBNP Paribas
Ines MaoBNP Paribas