XTRA:SJJ

Stock Analysis Report

Executive Summary

Serviceware SE provides a portfolio of software solutions for the digitalization and automation of service processes.

Snowflake

Fundamentals

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

8.7%

SJJ

9.8%

DE Software

4.1%

DE Market


1 Year Return

-25.4%

SJJ

15.1%

DE Software

2.4%

DE Market

Return vs Industry: SJJ underperformed the German Software industry which returned 15.1% over the past year.

Return vs Market: SJJ underperformed the German Market which returned 2.4% over the past year.


Shareholder returns

SJJIndustryMarket
7 Day8.7%9.8%4.1%
30 Day5.6%9.1%1.7%
90 Day-17.3%2.4%3.7%
1 Year-25.4%-25.4%16.7%15.1%5.6%2.4%
3 Yearn/a55.1%48.9%19.2%8.9%
5 Yearn/a151.9%134.0%43.2%23.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

36.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: SJJ (€14.89) is trading below our estimate of fair value (€23.43)

Significantly Undervalued: SJJ is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SJJ is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: SJJ is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate SJJ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SJJ is good value based on its PB Ratio (2.6x) compared to the DE Software industry average (3x).


Next Steps

Future Growth

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

91.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SJJ is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SJJ is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SJJ is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SJJ's revenue (22.7% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: SJJ's revenue (22.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: SJJ's Return on Equity is forecast to be low in 3 years time (10%).


Next Steps

Past Performance

How has Serviceware performed over the past 5 years?

-42.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SJJ is unprofitable, and losses have increased over the past 5 years at a rate of -42.7% per year.

Accelerating Growth: Unable to compare SJJ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SJJ is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.5%).


Return on Equity

High ROE: SJJ has a negative Return on Equity (-3.29%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: SJJ is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: SJJ is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Serviceware's financial position?


Financial Position Analysis

Short Term Liabilities: SJJ's short term assets (€73.7M) exceeds its short term liabilities (€26.8M)

Long Term Liabilities: SJJ's short term assets (73.7M) exceeds its long term liabilities (5.8M)


Debt to Equity History and Analysis

Debt Level: SJJ's debt to equity ratio (5.5%) is considered satisfactory

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

Debt Coverage: SJJ's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SJJ is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: SJJ has a low level of unsold assets or inventory.

Debt Coverage by Assets: SJJ's debt is covered by short term assets (assets are 22.589880x debt).


Next Steps

Dividend

What is Serviceware's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate SJJ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SJJ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if SJJ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SJJ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SJJ is not paying a notable dividend for the German market.


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of Serviceware's salary, the management and board of directors tenure and is there insider trading?


CEO

Serviceware has no CEO, or we have no data on them.


Insider Trading

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


Ownership Breakdown


Management Team

  • Harald Popp (48yo)

    Deputy Chairman of the Administrative Board

    • Tenure: 0yrs
  • Alexander Becker (36yo)

    COO & MD

    • Tenure: 1.8yrs
  • Ronnie Wilson

    Executive Vice President of UK

    • Tenure: 1.2yrs

Board Members

  • Jean Debus (48yo)

    Chairman of the Administrative Board

    • Tenure: 0yrs
  • Harald Popp (48yo)

    Deputy Chairman of the Administrative Board

    • Tenure: 0yrs
  • Ingo Bollhöfer (48yo)

    Member of the Administrative Board

    • Tenure: 1.8yrs

Company Information

Serviceware SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Serviceware SE
  • Ticker: SJJ
  • Exchange: XTRA
  • Founded: 1998
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €156.303m
  • Shares outstanding: 10.50m
  • Website: https://serviceware.se

Number of Employees


Location

  • Serviceware SE
  • Carl-Zeiss-Strasse 16
  • Bad Camberg
  • Hessen
  • 65520
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SJJXTRA (XETRA Trading Platform)YesOrdinary Bearer SharesDEEURApr 2018
SJJDB (Deutsche Boerse AG)YesOrdinary Bearer SharesDEEURApr 2018
SJJDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary Bearer SharesGBEURApr 2018

Biography

Serviceware SE provides a portfolio of software solutions for the digitalization and automation of service processes. The company offers an integrated and modular enterprise service management platform, wh ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 22:22
End of Day Share Price2019/10/16 00:00
Earnings2019/05/31
Annual Earnings2018/11/30


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.