Five9, Inc.

DB:1F9 Stock Report

Market Cap: €3.1b

Five9 Valuation

Is 1F9 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 1F9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1F9 (€40.69) is trading below our estimate of fair value (€175.47)

Significantly Below Fair Value: 1F9 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1F9?

Key metric: As 1F9 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1F9. This is calculated by dividing 1F9's market cap by their current revenue.
What is 1F9's PS Ratio?
PS Ratio3.2x
SalesUS$1.00b
Market CapUS$3.19b

Price to Sales Ratio vs Peers

How does 1F9's PS Ratio compare to its peers?

The above table shows the PS ratio for 1F9 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average13x
NB2 Northern Data
36.4x31.5%€2.8b
AOF ATOSS Software
10.8x12.7%€1.8b
TMV TeamViewer
2.2x7.5%€1.4b
MUM Mensch und Maschine Software
2.5x-0.1%€892.1m
1F9 Five9
3.2x10.2%€3.2b

Price-To-Sales vs Peers: 1F9 is good value based on its Price-To-Sales Ratio (3.2x) compared to the peer average (13x).

Price to Sales Ratio vs Industry

How does 1F9's PS Ratio compare vs other companies in the DE Software Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
CSH CENIT
0.3x5.2%US$64.96m
CLIQ Cliq Digital
0.1x13.2%US$31.95m
LSX LS telcom
0.4x4.4%US$17.49m
8DQ GetSwift Technologies
0.07xn/aUS$2.53m
1F9 3.2xIndustry Avg. 2.2xNo. of Companies7PS02.44.87.29.612+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 1F9 is expensive based on its Price-To-Sales Ratio (3.2x) compared to the German Software industry average (2.2x).

Price to Sales Ratio vs Fair Ratio

What is 1F9'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.

1F9 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.2x
Fair PS Ratio3.9x

Price-To-Sales vs Fair Ratio: 1F9 is good value based on its Price-To-Sales Ratio (3.2x) compared to the estimated Fair Price-To-Sales Ratio (3.9x).

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 1F9 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€40.69
€51.01
+25.4%
15.1%€64.65€38.60n/a21
Dec ’25€38.85
€49.62
+27.7%
16.0%€63.45€37.88n/a21
Nov ’25€28.00
€47.73
+70.5%
18.4%€61.83€32.30n/a21
Oct ’25€25.59
€47.03
+83.8%
17.9%€60.32€31.51n/a22
Sep ’25€29.55
€47.57
+61.0%
16.2%€60.07€35.86n/a23
Aug ’25€41.03
€71.11
+73.3%
18.8%€92.50€46.25n/a23
Jul ’25€40.78
€76.20
+86.8%
17.3%€93.44€46.72n/a22
Jun ’25€42.57
€77.44
+81.9%
14.4%€92.89€58.52n/a22
May ’25€54.90
€78.85
+43.6%
13.6%€93.48€56.09n/a23
Apr ’25€57.12
€78.74
+37.9%
13.0%€91.85€55.11n/a22
Mar ’25€56.08
€79.47
+41.7%
13.2%€92.41€55.45n/a21
Feb ’25€69.78
€80.95
+16.0%
14.2%€96.48€54.22n/a21
Jan ’25€71.56
€79.85
+11.6%
15.2%€96.32€54.12n/a21
Dec ’24€69.72
€77.37
+11.0%
15.9%€95.95€53.91€38.8521
Nov ’24€54.30
€83.41
+53.6%
14.1%€99.36€55.83€28.0021
Oct ’24€60.10
€83.78
+39.4%
14.4%€98.47€55.33€25.5921
Sep ’24€66.28
€81.21
+22.5%
15.2%€96.65€54.31€29.5522
Aug ’24€78.02
€77.36
-0.9%
15.9%€94.65€53.18€41.0322
Jul ’24€75.62
€78.00
+3.2%
14.6%€98.16€55.16€40.7823
Jun ’24€60.48
€78.13
+29.2%
14.7%€97.87€54.99€42.5722
May ’24€58.72
€77.00
+31.1%
14.4%€95.29€53.54€54.9020
Apr ’24€64.81
€78.63
+21.3%
14.5%€96.85€54.42€57.1220
Mar ’24€61.81
€80.82
+30.8%
14.8%€99.53€55.93€56.0819
Feb ’24€71.81
€71.23
-0.8%
17.6%€91.03€47.34€69.7820
Jan ’24€63.03
€67.74
+7.5%
18.6%€93.60€48.67€71.5621
Dec ’23€62.25
€71.57
+15.0%
19.2%€99.89€51.94€69.7221

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 09:46
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Five9, Inc. is covered by 37 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PowerBaird
Ishan MajumdarBaptista Research
Raimo LenschowBarclays