Data#3 Limited

DB:20Y Stock Report

Market Cap: €592.6m

Data#3 Valuation

Is 20Y undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 20Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 20Y (€3.7) is trading below our estimate of fair value (€7.64)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 20Y?

Key metric: As 20Y is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 20Y. This is calculated by dividing 20Y's market cap by their current earnings.
What is 20Y's PE Ratio?
PE Ratio22.6x
EarningsAU$43.31m
Market CapAU$980.57m

Price to Earnings Ratio vs Peers

How does 20Y's PE Ratio compare to its peers?

The above table shows the PE ratio for 20Y vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.4x
GFT GFT Technologies
12.7x10.3%€600.2m
YSN secunet Security Networks
27.5x8.5%€760.8m
COK Cancom
18.4x1.1%€741.2m
D6H DATAGROUP
14.9x12.8%€389.9m
20Y Data#3
22.6x9.6%€980.6m

Price-To-Earnings vs Peers: 20Y is expensive based on its Price-To-Earnings Ratio (22.6x) compared to the peer average (18.4x).

Price to Earnings Ratio vs Industry

How does 20Y's PE Ratio compare vs other companies in the DE IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
20Y 22.6xIndustry Avg. 18.1xNo. of Companies4PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 20Y is expensive based on its Price-To-Earnings Ratio (22.6x) compared to the European IT industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is 20Y's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

20Y PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.6x
Fair PE Ratio20.4x

Price-To-Earnings vs Fair Ratio: 20Y is expensive based on its Price-To-Earnings Ratio (22.6x) compared to the estimated Fair Price-To-Earnings Ratio (20.4x).

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 20Y forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.70
€4.80
+29.8%
12.3%€5.91€4.02n/a9
Dec ’25€4.72
€5.36
+13.6%
8.1%€6.05€4.84n/a8
Nov ’25€4.36
€5.36
+22.9%
8.1%€6.05€4.84n/a8
Oct ’25€4.60
€5.52
+20.1%
7.1%€6.17€5.03n/a8
Sep ’25€4.64
€5.35
+15.3%
7.6%€6.05€4.83n/a9
Aug ’25€5.25
€5.03
-4.1%
5.1%€5.50€4.52n/a9
Jul ’25€4.94
€5.11
+3.5%
5.1%€5.59€4.59n/a9
Jun ’25€4.80
€5.11
+6.5%
5.1%€5.59€4.59n/a9
May ’25€4.58
€4.84
+5.7%
12.2%€5.53€3.34n/a9
Apr ’25€4.88
€4.87
-0.1%
12.8%€5.55€3.33n/a9
Mar ’25€4.86
€4.87
+0.3%
12.8%€5.55€3.33n/a9
Feb ’25€5.65
€4.89
-13.5%
15.8%€5.80€3.08n/a8
Jan ’25€5.15
€4.74
-8.0%
15.7%€5.59€3.08€3.748
Dec ’24€4.70
€4.29
-8.7%
14.3%€4.89€2.98€4.727
Nov ’24€4.20
€4.25
+1.1%
13.8%€4.92€3.00€4.367
Oct ’24€4.28
€4.10
-4.3%
14.0%€4.74€2.92€4.606
Sep ’24€4.32
€4.02
-7.0%
14.2%€4.71€2.90€4.646
Aug ’24€4.50
€4.59
+1.9%
13.4%€5.67€3.90€5.256
Jul ’24€4.34
€4.69
+8.1%
12.6%€5.72€3.93€4.947
Jun ’24€4.24
€4.69
+10.6%
12.6%€5.72€3.93€4.807
May ’24€4.46
€4.76
+6.8%
12.5%€5.70€3.92€4.586
Apr ’24€4.34
€4.86
+12.0%
12.2%€5.77€4.01€4.886
Mar ’24€4.66
€4.86
+4.3%
13.3%€5.92€4.09€4.867
Feb ’24€4.52
€4.80
+6.2%
12.8%€6.02€4.15€5.657
Jan ’24€4.10
€4.61
+12.5%
11.8%€5.65€4.01€5.157

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
Earnings2024/06/30
Annual Earnings2024/06/30

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

Data#3 Limited is covered by 13 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark GoodridgeANZ Equities Pty Limited
William SpraggettBell Potter
Mark BryanBofA Global Research