ATOSS Software Valuation
Is AOF undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of AOF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AOF (€115.4) is trading above our estimate of fair value (€105.27)
Significantly Below Fair Value: AOF is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AOF?
Key metric: As AOF is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is AOF's PE Ratio? | |
|---|---|
| PE Ratio | 41.8x |
| Earnings | €43.86m |
| Market Cap | €1.84b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 10.6x |
| Enterprise Value/EBITDA | 28.5x |
| PEG Ratio | 5.4x |
Price to Earnings Ratio vs Peers
How does AOF's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 33x | ||
TMV TeamViewer | 15x | 11.0% | €1.8b |
MUM Mensch und Maschine Software | 28.4x | 14.0% | €887.0m |
NEM Nemetschek | 66.9x | 18.6% | €11.5b |
FAA Fabasoft | 21.8x | 5.9% | €201.0m |
AOF ATOSS Software | 41.8x | 7.8% | €1.8b |
Price-To-Earnings vs Peers: AOF is expensive based on its Price-To-Earnings Ratio (41.8x) compared to the peer average (33x).
Price to Earnings Ratio vs Industry
How does AOF's PE Ratio compare vs other companies in the European Software Industry?
| 5 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 5 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: AOF is expensive based on its Price-To-Earnings Ratio (41.8x) compared to the European Software industry average (27.7x).
Price to Earnings Ratio vs Fair Ratio
What is AOF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 41.8x |
| Fair PE Ratio | 23.4x |
Price-To-Earnings vs Fair Ratio: AOF is expensive based on its Price-To-Earnings Ratio (41.8x) compared to the estimated Fair Price-To-Earnings Ratio (23.4x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | €115.40 | €126.21 +9.4% | 14.9% | €155.00 | €100.00 | n/a | 7 |
| Nov ’25 | €120.00 | €126.21 +5.2% | 14.9% | €155.00 | €100.00 | n/a | 7 |
| Oct ’25 | €128.00 | €125.80 -1.7% | 11.6% | €145.00 | €112.00 | n/a | 5 |
| Sep ’25 | €138.80 | €125.80 -9.4% | 11.6% | €145.00 | €112.00 | n/a | 5 |
| Aug ’25 | €137.40 | €125.80 -8.4% | 11.6% | €145.00 | €112.00 | n/a | 5 |
| Jul ’25 | €110.60 | €121.10 +9.5% | 14.1% | €148.00 | €100.00 | n/a | 5 |
| Jun ’25 | €116.25 | €121.10 +4.2% | 14.1% | €148.00 | €100.00 | n/a | 5 |
| May ’25 | €126.00 | €121.10 -3.9% | 14.1% | €148.00 | €100.00 | n/a | 5 |
| Apr ’25 | €137.00 | €121.10 -11.6% | 14.1% | €148.00 | €100.00 | n/a | 5 |
| Mar ’25 | €123.50 | €117.70 -4.7% | 13.1% | €139.50 | €100.00 | n/a | 5 |
| Feb ’25 | €123.75 | €116.20 -6.1% | 12.3% | €139.50 | €100.00 | n/a | 5 |
| Jan ’25 | €104.50 | €110.10 +5.4% | 10.6% | €130.00 | €100.00 | n/a | 5 |
| Dec ’24 | €111.00 | €110.10 -0.8% | 10.6% | €130.00 | €100.00 | n/a | 5 |
| Nov ’24 | €102.00 | €110.10 +7.9% | 10.6% | €130.00 | €100.00 | €120.00 | 5 |
| Oct ’24 | €98.00 | €111.50 +13.8% | 9.6% | €129.50 | €100.00 | €128.00 | 5 |
| Sep ’24 | €112.25 | €111.50 -0.7% | 9.6% | €129.50 | €100.00 | €138.80 | 5 |
| Aug ’24 | €109.00 | €107.60 -1.3% | 7.5% | €116.00 | €95.00 | €137.40 | 5 |
| Jul ’24 | €103.75 | €96.10 -7.4% | 10.2% | €111.00 | €80.00 | €110.60 | 5 |
| Jun ’24 | €103.75 | €93.70 -9.7% | 11.6% | €111.00 | €80.00 | €116.25 | 5 |
| May ’24 | €90.80 | €93.70 +3.2% | 11.6% | €111.00 | €80.00 | €126.00 | 5 |
| Apr ’24 | €83.30 | €91.80 +10.2% | 10.0% | €106.50 | €80.00 | €137.00 | 5 |
| Mar ’24 | €80.60 | €91.80 +13.9% | 10.0% | €106.50 | €80.00 | €123.50 | 5 |
| Feb ’24 | €84.30 | €91.80 +8.9% | 10.0% | €106.50 | €80.00 | €123.75 | 5 |
| Jan ’24 | €69.60 | €83.50 +20.0% | 13.4% | €96.00 | €67.50 | €104.50 | 5 |
| Dec ’23 | €73.40 | €83.50 +13.8% | 13.4% | €96.00 | €67.50 | €111.00 | 5 |
| Nov ’23 | €61.50 | €83.50 +35.8% | 13.4% | €96.00 | €67.50 | €102.00 | 5 |
Analyst Forecast: Target price is less than 20% higher than the current share price.
Discover undervalued companies
Computacenter
UK£2.3b
Provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally.
COUD
UK£26.20
7D
0%
1Y
-13.9%
CSE Global
S$307.3m
An investment holding company, engages in the provision of integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.
XCC
S$0.29
7D
0.7%
1Y
4.3%
DATAGROUP
€321.6m
Provides information technology (IT) solutions in Germany and internationally.
D6H
€43.35
7D
9.6%
1Y
-18.7%