Sylogist Valuation

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

Below Fair Value: 1WL (€5.75) is trading below our estimate of fair value (€11.5)

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for 1WL. This is calculated by dividing 1WL's market cap by their current revenue.
What is 1WL's PS Ratio?
PS Ratio3.1x
SalesCA$66.44m
Market CapCA$207.63m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for 1WL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.6x
IVU IVU Traffic Technologies
1.9xn/a€253.1m
EXL Exasol
1.6x13.5%€60.3m
IXX init innovation in traffic systems
1.5x12.3%€365.4m
CYR cyan
9.5x25.9%€55.7m
1WL Sylogist
3.1x6.2%€207.6m

Price-To-Sales vs Peers: 1WL is good value based on its Price-To-Sales Ratio (3.1x) compared to the peer average (3.6x).


Price to Sales Ratio vs Industry

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

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
CSH CENIT
0.3x4.7%US$65.65m
CLIQ Cliq Digital
0.1x12.3%US$28.10m
ISHA INTERSHOP Communications
0.7x5.0%US$26.17m
LSX LS telcom
0.4x2.5%US$18.55m
1WL 3.1xIndustry Avg. 2.2xNo. of Companies7PS02.85.68.411.214+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 1WL is expensive based on its Price-To-Sales Ratio (3.1x) compared to the German Software industry average (2.2x).


Price to Sales Ratio vs Fair Ratio

What is 1WL'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.

1WL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1WL's Price-To-Sales Fair Ratio for valuation analysis.


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 1WL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€5.75
€8.94
+55.4%
4.1%€9.39€8.38n/a6
Dec ’25€6.55
€8.94
+36.5%
4.1%€9.39€8.38n/a6
Nov ’25n/a
€8.98
0%
3.8%€9.34€8.34n/a6
Oct ’25n/a
€8.98
0%
3.8%€9.34€8.34n/a6
Sep ’25n/a
€8.98
0%
3.8%€9.34€8.34n/a6
Aug ’25n/a
€8.52
0%
5.8%€9.35€8.02n/a6
Jul ’25n/a
€8.67
0%
5.8%€9.52€8.16n/a6
Jun ’25n/a
€8.43
0%
10.2%€9.51€6.79n/a6
May ’25n/a
€8.51
0%
10.2%€9.59€6.85n/a6
Apr ’25n/a
€8.12
0%
12.0%€9.51€6.79n/a6
Mar ’25n/a
€7.69
0%
13.3%€9.64€6.54n/a6
Feb ’25n/a
€7.57
0%
14.4%€9.64€6.54n/a5
Jan ’25n/a
€6.95
0%
5.5%€7.46€6.44€5.744
Dec ’24n/a
€6.95
0%
5.5%€7.46€6.44€6.554
Nov ’24n/a
€6.80
0%
10.4%€7.60€5.87n/a3
Oct ’24n/a
€6.91
0%
10.1%€7.50€5.80n/a4
Sep ’24n/a
€6.91
0%
10.1%€7.50€5.80n/a4
Aug ’24n/a
€6.78
0%
10.4%€7.59€5.86n/a3
Jul ’24n/a
€6.74
0%
12.8%€7.60€5.87n/a2
Jun ’24n/a
€6.69
0%
24.3%€8.16€4.42n/a3
May ’24n/a
€6.48
0%
27.2%€8.04€4.02n/a3
Apr ’24n/a
€6.77
0%
23.5%€8.12€4.06n/a4
Mar ’24n/a
€6.76
0%
23.1%€8.30€4.33n/a4
Feb ’24n/a
€6.76
0%
23.1%€8.30€4.33n/a4
Jan ’24n/a
€6.76
0%
23.1%€8.30€4.33n/a4

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 10:21
End of Day Share Price 2025/01/02 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

Sylogist Ltd. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Maria RippsCanaccord Genuity
Parth ShahCanaccord Genuity