Nutanix, Inc.

DB:0NU Stock Report

Market Cap: €17.3b

Nutanix Valuation

Is 0NU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0NU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0NU (€64.5) is trading below our estimate of fair value (€148.92)

Significantly Below Fair Value: 0NU is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0NU?

Key metric: As 0NU is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0NU. This is calculated by dividing 0NU's market cap by their current revenue.
What is 0NU's PS Ratio?
PS Ratio8.5x
SalesUS$2.15b
Market CapUS$18.36b

Price to Sales Ratio vs Peers

How does 0NU's PS Ratio compare to its peers?

The above table shows the PS ratio for 0NU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average13.2x
NEM Nemetschek
12.4x14.1%€11.4b
NB2 Northern Data
26.8x31.5%€2.1b
TMV TeamViewer
2.7x6.4%€1.8b
AOF ATOSS Software
11x12.7%€1.8b
0NU Nutanix
8.5x13.0%€18.4b

Price-To-Sales vs Peers: 0NU is good value based on its Price-To-Sales Ratio (8.5x) compared to the peer average (13.2x).

Price to Sales Ratio vs Industry

How does 0NU's PS Ratio compare vs other companies in the DE Software Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
CSH CENIT
0.3x5.5%US$69.15m
CLIQ Cliq Digital
0.09x12.9%US$27.03m
LSX LS telcom
0.5x5.0%US$21.22m
8DQ GetSwift Technologies
0.07xn/aUS$2.53m
0NU 8.5xIndustry Avg. 1.8xNo. of Companies7PS02.44.87.29.612+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0NU is expensive based on its Price-To-Sales Ratio (8.5x) compared to the German Software industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is 0NU's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0NU PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio8.5x
Fair PS Ratio11.8x

Price-To-Sales vs Fair Ratio: 0NU is good value based on its Price-To-Sales Ratio (8.5x) compared to the estimated Fair Price-To-Sales Ratio (11.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0NU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€64.50
€71.32
+10.6%
7.6%€80.26€56.65n/a14
Nov ’25€57.48
€67.85
+18.0%
9.0%€78.58€55.47n/a13
Oct ’25€50.90
€66.50
+30.6%
9.1%€77.10€54.42n/a13
Sep ’25€57.02
€67.06
+17.6%
8.9%€76.91€54.29n/a14
Aug ’25€45.15
€69.65
+54.3%
8.3%€74.75€56.06n/a14
Jul ’25€55.24
€69.65
+26.1%
8.3%€74.75€56.06n/a14
Jun ’25€50.52
€67.90
+34.4%
10.6%€73.87€48.47n/a14
May ’25€56.74
€63.99
+12.8%
8.8%€71.34€49.27n/a14
Apr ’25€57.06
€61.98
+8.6%
9.0%€70.20€48.49n/a14
Mar ’25€59.48
€60.24
+1.3%
11.5%€70.13€46.60n/a14
Feb ’25€52.46
€48.10
-8.3%
13.0%€57.05€32.21n/a15
Jan ’25€43.36
€45.92
+5.9%
11.4%€54.59€31.85n/a14
Dec ’24€41.12
€45.26
+10.1%
12.8%€55.13€32.16n/a14
Nov ’24€34.45
€40.63
+17.9%
10.5%€47.60€33.32€57.4814
Oct ’24€33.02
€40.63
+23.1%
10.5%€47.60€33.32€50.9014
Sep ’24€32.25
€36.72
+13.9%
11.0%€41.77€28.59€57.0214
Aug ’24€27.45
€32.79
+19.4%
6.9%€36.39€28.74€45.1513
Jul ’24€25.68
€32.79
+27.7%
6.9%€36.39€28.74€55.2413
Jun ’24€27.69
€32.79
+18.4%
6.9%€36.39€28.74€50.5213
May ’24€21.73
€29.93
+37.7%
4.3%€31.90€27.35€56.7413
Apr ’24€23.82
€31.20
+31.0%
4.0%€33.17€28.43€57.0613
Mar ’24€26.71
€31.12
+16.5%
3.6%€32.92€28.22€59.4813
Feb ’24€25.91
€31.12
+20.1%
3.6%€32.92€28.22€52.4613
Jan ’24€24.01
€31.12
+29.6%
3.6%€32.92€28.22€43.3613
Dec ’23€29.06
€30.62
+5.4%
9.2%€33.25€23.75€41.1213
Nov ’23€28.40
€28.67
+1.0%
16.6%€35.45€20.26€34.4513

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

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$0.30

7D

1.4%

1Y

5.0%

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£26.00

7D

-0.8%

1Y

-14.6%

INTERSHOP Communications

€28.1m

Offers B2B ecommerce solutions in Germany and internationally.

ISHA

€1.90

7D

5.0%

1Y

31.9%