PSI Software AG develops and sells software systems and products for the energy supply, production, infrastructure, software technology, internet applications, and business consultancy sectors worldwide.
No risks detected for PSAN from our risk checks.
Flawless balance sheet with proven track record.
Share Price & News
How has PSI Software's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PSAN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PSAN underperformed the German Software industry which returned 29.2% over the past year.
Return vs Market: PSAN exceeded the German Market which returned 8% over the past year.
Price Volatility Vs. Market
How volatile is PSI Software's share price compared to the market and industry in the last 5 years?
Simply Wall St News
14 hours ago | Simply Wall StWhat Is The Ownership Structure Like For PSI Software AG (ETR:PSAN)?
1 week ago | Simply Wall StHere's Why I Think PSI Software (ETR:PSAN) Might Deserve Your Attention Today
3 weeks ago | Simply Wall StIs PSI Software AG's (ETR:PSAN) Latest Stock Performance A Reflection Of Its Financial Health?
Is PSI Software undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PSAN (€20.6) is trading below our estimate of fair value (€23.29)
Significantly Below Fair Value: PSAN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PSAN is good value based on its PE Ratio (23.7x) compared to the DE Software industry average (25.7x).
PE vs Market: PSAN is poor value based on its PE Ratio (23.7x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: PSAN is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: PSAN is good value based on its PB Ratio (3.3x) compared to the DE Software industry average (3.5x).
How is PSI Software forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSAN's forecast earnings growth (15.9% per year) is above the savings rate (0.2%).
Earnings vs Market: PSAN's earnings (15.9% per year) are forecast to grow slower than the German market (23.3% per year).
High Growth Earnings: PSAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: PSAN's revenue (4.9% per year) is forecast to grow slower than the German market (5.8% per year).
High Growth Revenue: PSAN's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSAN's Return on Equity is forecast to be low in 3 years time (15.4%).
How has PSI Software performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PSAN has high quality earnings.
Growing Profit Margin: PSAN's current net profit margins (6.1%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: PSAN's earnings have grown by 15.4% per year over the past 5 years.
Accelerating Growth: PSAN's earnings growth over the past year (27.2%) exceeds its 5-year average (15.4% per year).
Earnings vs Industry: PSAN earnings growth over the past year (27.2%) underperformed the Software industry 32.1%.
Return on Equity
High ROE: PSAN's Return on Equity (14.1%) is considered low.
How is PSI Software's financial position?
Financial Position Analysis
Short Term Liabilities: PSAN's short term assets (€148.4M) exceed its short term liabilities (€79.8M).
Long Term Liabilities: PSAN's short term assets (€148.4M) exceed its long term liabilities (€81.4M).
Debt to Equity History and Analysis
Debt Level: PSAN's debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: PSAN's debt to equity ratio has reduced from 10.2% to 0.8% over the past 5 years.
Debt Coverage: PSAN's debt is well covered by operating cash flow (4493.2%).
Interest Coverage: PSAN's interest payments on its debt are well covered by EBIT (16.2x coverage).
What is PSI Software current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PSAN's dividend (1.21%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.24%).
High Dividend: PSAN's dividend (1.21%) is low compared to the top 25% of dividend payers in the German market (3.81%).
Stability and Growth of Payments
Stable Dividend: PSAN's dividend payments have been volatile in the past 10 years.
Growing Dividend: PSAN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.8%), PSAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PSAN's dividends in 3 years are forecast to be well covered by earnings (35.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Harald Schrimpf (56 yo)
Dr. Harald Schrimpf has been the Chairman at PSI Aktiengesellschaft für Produkte und Systeme der Informationstechnologie (PSI AG) since June 30, 2013. Dr. Schrimpf has been Chief Executive Officer of PSI A ...
CEO Compensation Analysis
Compensation vs Market: Harald's total compensation ($USD1.17M) is about average for companies of similar size in the German market ($USD1.07M).
Compensation vs Earnings: Harald's compensation has been consistent with company performance over the past year.
|Chairman of Supervisory Board||4.5yrs||€69.00k||0.71% |
|Member of Supervisory Board||3.25yrs||€46.00k||0.0038% |
|Employee Representative Member of the Supervisory Board||8.33yrs||€43.00k||0.013% |
|Deputy Chairman of Supervisory Board||6.25yrs||€54.00k||no data|
|Employee Representative Member of the Supervisory Board||5.25yrs||€43.00k||0.0028% |
|Member of Supervisory Board||4.5yrs||€43.00k||no data|
Experienced Board: PSAN's board of directors are considered experienced (4.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PSI Software AG's company bio, employee growth, exchange listings and data sources
- Name: PSI Software AG
- Ticker: PSAN
- Exchange: XTRA
- Founded: 1969
- Industry: Application Software
- Sector: Software
- Market Cap: €322.871m
- Shares outstanding: 15.67m
- Website: https://www.psi.de
Number of Employees
- PSI Software AG
- Dircksenstrasse 42– 44
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PSAN||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Aug 1998|
|PSAN||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Aug 1998|
|0KUR||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Aug 1998|
|PSAND||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Aug 1998|
|PSAN||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Aug 1998|
PSI Software AG develops and sells software systems and products for the energy supply, production, infrastructure, software technology, internet applications, and business consultancy sectors worldwide. T ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/06 20:49|
|End of Day Share Price||2020/08/06 00:00|
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.