Netcompany Group A/S

DB:60N Stock Report

Market Cap: €1.8b

Netcompany Group Valuation

Is 60N 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 60N when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€60.34
Fair Value
37.0% undervalued intrinsic discount
8
Number of Analysts

Below Fair Value: 60N (€38.04) is trading below our estimate of fair value (€60.34)

Significantly Below Fair Value: 60N is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 60N?

Key metric: As 60N is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 60N. This is calculated by dividing 60N's market cap by their current earnings.
What is 60N's PE Ratio?
PE Ratio28.2x
EarningsDKK 470.20m
Market CapDKK 13.27b

Price to Earnings Ratio vs Peers

How does 60N's PE Ratio compare to its peers?

The above table shows the PE ratio for 60N vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22x
SANT Kontron
14.4x19.5%€1.2b
NA9 Nagarro
21.4x15.7%€1.2b
COK Cancom
19.6x2.5%€791.7m
YSN secunet Security Networks
32.4x8.9%€896.7m
60N Netcompany Group
28.2x23.8%€13.3b

Price-To-Earnings vs Peers: 60N is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the peer average (22x).

Price to Earnings Ratio vs Industry

How does 60N'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
60N 28.2xIndustry Avg. 17.4xNo. of Companies4PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 60N is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the European IT industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is 60N'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.

60N PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.2x
Fair PE Ratio28.5x

Price-To-Earnings vs Fair Ratio: 60N is good value based on its Price-To-Earnings Ratio (28.2x) compared to the estimated Fair Price-To-Earnings Ratio (28.5x).

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 60N forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€38.04
€42.68
+12.2%
6.4%€48.65€40.21n/a8
Feb ’26€39.54
€43.71
+10.6%
8.5%€51.61€40.21n/a9
Jan ’26€45.16
€46.42
+2.8%
12.2%€57.39€40.23n/a7
Dec ’25€47.24
€45.62
-3.4%
9.4%€51.88€40.22n/a7
Nov ’25€42.44
€44.67
+5.2%
9.5%€51.89€40.22n/a7
Oct ’25€41.42
€43.31
+4.6%
8.0%€50.15€39.55n/a8
Sep ’25€40.82
€41.61
+1.9%
13.4%€50.13€28.82n/a9
Aug ’25€38.32
€40.45
+5.6%
12.2%€46.38€28.82n/a9
Jul ’25€40.60
€40.62
+0.05%
12.6%€47.86€28.82n/a9
Jun ’25€40.40
€40.39
-0.03%
12.5%€47.85€28.82n/a9
May ’25€34.26
€37.74
+10.1%
13.3%€43.56€26.81n/a9
Apr ’25€38.13
€36.98
-3.0%
15.0%€43.60€26.83n/a9
Mar ’25€40.12
€36.98
-7.8%
15.0%€43.60€26.83n/a9
Feb ’25€37.46
€35.63
-4.9%
14.1%€43.60€26.83€39.549
Jan ’25€30.43
€34.51
+13.4%
13.2%€40.92€25.49€45.169
Dec ’24€29.12
€34.34
+17.9%
13.4%€40.89€25.47€47.249
Nov ’24€30.23
€38.14
+26.2%
13.0%€46.89€30.82€42.448
Oct ’24€36.16
€37.56
+3.9%
14.7%€46.96€28.17€41.427
Sep ’24€34.79
€37.56
+8.0%
14.7%€46.96€28.17€40.827
Aug ’24€42.52
€42.27
-0.6%
20.9%€57.73€28.86€38.328
Jul ’24€37.90
€42.11
+11.1%
21.6%€57.74€27.53€40.608
Jun ’24€37.57
€42.11
+12.1%
21.6%€57.74€27.53€40.408
May ’24€34.88
€42.05
+20.6%
21.7%€58.05€27.51€34.268
Apr ’24€33.36
€42.31
+26.8%
22.5%€59.79€27.55€38.138
Mar ’24€32.60
€42.31
+29.8%
22.5%€59.79€27.55€40.128
Feb ’24€36.86
€45.50
+23.4%
20.0%€59.83€34.95€37.467
Analyst Price Target
Consensus Narrative from 8 Analysts
€42.96
Fair Value
11.5% undervalued intrinsic discount
8
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/12 16:30
End of Day Share Price 2025/02/12 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Netcompany Group A/S 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
null nullABG Sundal Collier
Orson RoutBarclays
Orson RoutBarclays