WALLIX GROUP SA

DB:3WG Stock Report

Market Cap: €69.5m

WALLIX GROUP Valuation

Is 3WG 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 3WG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3WG (€10.16) is trading below our estimate of fair value (€157.76)

Significantly Below Fair Value: 3WG is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3WG?

Key metric: As 3WG is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3WG. This is calculated by dividing 3WG's market cap by their current revenue.
What is 3WG's PS Ratio?
PS Ratio2x
Sales€34.81m
Market Cap€69.51m

Price to Sales Ratio vs Peers

How does 3WG's PS Ratio compare to its peers?

The above table shows the PS ratio for 3WG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.5x
EXL Exasol
1.5x13.0%€56.9m
CYR cyan
9.2x28.1%€54.1m
IVU IVU Traffic Technologies
1.8xn/a€231.1m
IXX init innovation in traffic systems
1.4x13.2%€354.6m
3WG WALLIX GROUP
2x18.8%€69.5m

Price-To-Sales vs Peers: 3WG is good value based on its Price-To-Sales Ratio (2x) compared to the peer average (3.5x).

Price to Sales Ratio vs Industry

How does 3WG's PS Ratio compare vs other companies in the DE Software Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
CSH CENIT
0.4x5.2%US$73.94m
CLIQ Cliq Digital
0.09x13.2%US$25.72m
LSX LS telcom
0.5x5.0%US$21.11m
IVX InVision
0.6xn/aUS$9.54m
3WG 2.0xIndustry Avg. 2.2xNo. of Companies7PS02.44.87.29.612+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 3WG is expensive based on its Price-To-Sales Ratio (2x) compared to the German Software industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is 3WG'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.

3WG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2x
Fair PS Ratio3.6x

Price-To-Sales vs Fair Ratio: 3WG is good value based on its Price-To-Sales Ratio (2x) compared to the estimated Fair Price-To-Sales Ratio (3.6x).

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 3WG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.16
€13.50
+32.9%
11.1%€15.00€12.00n/a2
Nov ’25€9.22
€13.50
+46.4%
11.1%€15.00€12.00n/a2
Oct ’25€8.80
€13.50
+53.4%
11.1%€15.00€12.00n/a2
Sep ’25€7.25
€13.50
+86.2%
11.1%€15.00€12.00n/a2
Aug ’25€7.70
€13.50
+75.3%
11.1%€15.00€12.00n/a2
Jul ’25€8.64
€16.00
+85.2%
6.3%€17.00€15.00n/a2
Jun ’25€8.67
€16.50
+90.3%
3.0%€17.00€16.00n/a2
May ’25€8.55
€16.50
+93.0%
3.0%€17.00€16.00n/a2
Apr ’25€8.03
€16.50
+105.5%
3.0%€17.00€16.00n/a2
Mar ’25€10.16
€17.00
+67.3%
5.9%€18.00€16.00n/a2
Feb ’25€8.21
€17.00
+107.1%
5.9%€18.00€16.00n/a2
Jan ’25€8.97
€17.00
+89.5%
5.9%€18.00€16.00n/a2
Dec ’24€9.67
€17.00
+75.8%
5.9%€18.00€16.00n/a2
Nov ’24€7.51
€17.00
+126.4%
5.9%€18.00€16.00€9.222
Oct ’24€8.92
€17.00
+90.6%
5.9%€18.00€16.00€8.802
Sep ’24€10.22
€17.00
+66.3%
5.9%€18.00€16.00€7.252
Aug ’24€10.30
€17.00
+65.0%
5.9%€18.00€16.00€7.702
Jul ’24€9.93
€18.00
+81.3%
11.1%€20.00€16.00€8.642
Jun ’24€13.42
€19.00
+41.6%
5.3%€20.00€18.00€8.672
May ’24€11.68
€19.00
+62.7%
5.3%€20.00€18.00€8.552
Apr ’24€9.55
€19.00
+99.0%
5.3%€20.00€18.00€8.032
Mar ’24€12.22
€19.00
+55.5%
5.3%€20.00€18.00€10.162
Feb ’24€14.92
€19.00
+27.3%
5.3%€20.00€18.00€8.212
Jan ’24€11.50
€19.00
+65.2%
5.3%€20.00€18.00€8.972
Dec ’23€11.50
€19.00
+65.2%
5.3%€20.00€18.00€9.672
Nov ’23€13.26
€19.00
+43.3%
5.3%€20.00€18.00€7.512

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

CSE Global

S$303.7m

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$0.29

7D

0%

1Y

6.5%

TeamViewer

€1.8b

Develops and distributes remote connectivity solutions worldwide.

TMV

€11.60

7D

-3.4%

1Y

-13.4%

Kontron

€1.0b

Engages in the provision of internet of things (IoT) solutions in Austria and internationally.

SANT

€16.94

7D

-3.2%

1Y

-24.8%