PagerDuty Valuation

Is 2TY 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-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 2TY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2TY (€18.13) is trading below our estimate of fair value (€20.54)

Significantly Below Fair Value: 2TY is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2TY?

Other financial metrics that can be useful for relative valuation.

2TY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.9x
Enterprise Value/EBITDA-27x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 2TY's PS Ratio compare to its peers?

The above table shows the PS ratio for 2TY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average10x
NB2 Northern Data
23.3x32.4%€1.8b
AOF ATOSS Software
11.2x12.7%€1.9b
TMV TeamViewer
2.6x6.9%€1.7b
MUM Mensch und Maschine Software
2.7x-0.1%€949.9m
2TY PagerDuty
4.2x9.7%€1.8b

Price-To-Sales vs Peers: 2TY is good value based on its Price-To-Sales Ratio (4.2x) compared to the peer average (9.9x).


Price to Earnings Ratio vs Industry

How does 2TY's PE Ratio compare vs other companies in the DE Software Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a39.5%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a39.5%
n/an/an/a
No more companies

Price-To-Sales vs Industry: 2TY is expensive based on its Price-To-Sales Ratio (4.2x) compared to the German Software industry average (1.9x).


Price to Sales Ratio vs Fair Ratio

What is 2TY'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.

2TY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.2x
Fair PS Ratio5.1x

Price-To-Sales vs Fair Ratio: 2TY is good value based on its Price-To-Sales Ratio (4.2x) compared to the estimated Fair Price-To-Sales Ratio (5.1x).


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 2TY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€18.13
€20.18
+11.3%
16.3%€27.74€16.65n/a11
Nov ’25€16.71
€20.18
+20.8%
16.3%€27.74€16.65n/a11
Oct ’25€16.51
€19.77
+19.8%
16.1%€27.07€16.24n/a11
Sep ’25€17.81
€23.45
+31.7%
10.6%€27.53€20.19n/a11
Aug ’25€19.02
€23.45
+23.3%
10.6%€27.53€20.19n/a11
Jul ’25€21.08
€24.33
+15.4%
11.0%€28.03€20.56n/a11
Jun ’25€19.04
€24.13
+26.8%
10.6%€27.65€20.28n/a8
May ’25€18.85
€24.21
+28.5%
12.3%€27.76€19.43n/a10
Apr ’25€20.65
€24.21
+17.2%
12.3%€27.76€19.43n/a10
Mar ’25€22.10
€24.92
+12.8%
12.2%€28.25€19.14n/a10
Feb ’25€21.75
€24.92
+14.6%
12.2%€28.25€19.14n/a10
Jan ’25€21.00
€24.56
+16.9%
12.7%€28.08€19.02n/a9
Dec ’24€20.85
€24.68
+18.4%
13.2%€28.50€19.31n/a8
Nov ’24€18.86
€26.70
+41.6%
10.0%€30.02€23.45€16.718
Oct ’24€20.80
€26.70
+28.4%
10.0%€30.02€23.45€16.518
Sep ’24€21.60
€27.42
+26.9%
12.3%€32.49€23.21€17.819
Aug ’24€23.20
€28.27
+21.9%
8.2%€31.94€23.73€19.029
Jul ’24€19.96
€28.27
+41.7%
8.2%€31.94€23.73€21.089
Jun ’24€25.00
€31.41
+25.6%
8.0%€35.46€27.28€19.049
May ’24€27.55
€31.41
+14.0%
8.0%€35.46€27.28€18.859
Apr ’24€29.71
€32.23
+8.5%
7.7%€36.74€28.26€20.659
Mar ’24€27.61
€30.26
+9.6%
8.2%€35.89€27.61€22.109
Feb ’24€26.81
€30.26
+12.9%
8.2%€35.89€27.61€21.759
Jan ’24€24.53
€29.99
+22.3%
2.6%€31.26€28.42€21.009
Dec ’23€20.96
€31.48
+50.2%
4.5%€33.90€29.06€20.859
Nov ’23€24.91
€34.36
+38.0%
7.0%€38.46€30.37€18.869

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


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