Similarweb Ltd.

DB:63X Stock Report

Market Cap: €1.1b

Similarweb Valuation

Is 63X 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 63X when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 63X (€13.38) is trading below our estimate of fair value (€18.08)

Significantly Below Fair Value: 63X is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 63X?

Key metric: As 63X is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 63X. This is calculated by dividing 63X's market cap by their current revenue.
What is 63X's PS Ratio?
PS Ratio4.8x
SalesUS$241.08m
Market CapUS$1.17b

Price to Sales Ratio vs Peers

How does 63X's PS Ratio compare to its peers?

The above table shows the PS ratio for 63X vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.7x
TMV TeamViewer
2.2x6.3%€1.5b
MUM Mensch und Maschine Software
2.6x-0.1%€898.9m
AOF ATOSS Software
10.9x12.7%€1.8b
GKS0 GK Software
3.3xn/a€568.3m
63X Similarweb
4.8x13.9%€1.2b

Price-To-Sales vs Peers: 63X is expensive based on its Price-To-Sales Ratio (4.8x) compared to the peer average (4.7x).

Price to Sales Ratio vs Industry

How does 63X's PS Ratio compare vs other companies in the DE Software Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
CSH CENIT
0.3x5.2%US$63.39m
CLIQ Cliq Digital
0.1x13.2%US$28.76m
LSX LS telcom
0.4x4.4%US$18.89m
8DQ GetSwift Technologies
0.07xn/aUS$2.53m
63X 4.8xIndustry Avg. 2.2xNo. of Companies7PS02.44.87.29.612+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 63X is expensive based on its Price-To-Sales Ratio (4.8x) compared to the German Software industry average (2.2x).

Price to Sales Ratio vs Fair Ratio

What is 63X'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.

63X PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.8x
Fair PS Ratio5x

Price-To-Sales vs Fair Ratio: 63X is good value based on its Price-To-Sales Ratio (4.8x) compared to the estimated Fair Price-To-Sales Ratio (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 63X forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€13.38
€14.26
+6.5%
10.3%€16.29€12.46n/a8
Dec ’25€11.66
€14.04
+20.5%
10.7%€16.23€12.41n/a7
Nov ’25€7.95
€11.12
+39.8%
19.4%€14.82€9.26n/a7
Oct ’25€7.58
€10.75
+41.9%
20.4%€14.51€9.07n/a7
Sep ’25€8.17
€10.16
+24.4%
19.5%€14.35€8.97n/a6
Aug ’25€5.50
€10.20
+85.5%
14.8%€12.98€8.35n/a6
Jul ’25€6.90
€10.20
+47.8%
14.8%€12.98€8.35n/a6
Jun ’25€6.80
€10.20
+50.0%
14.8%€12.98€8.35n/a6
May ’25€6.79
€10.06
+48.1%
15.5%€13.00€8.36n/a6
Apr ’25€7.96
€10.06
+26.4%
15.5%€13.00€8.36n/a6
Mar ’25€7.86
€10.06
+28.0%
15.5%€13.00€8.36n/a6
Feb ’25€5.46
€8.13
+48.9%
28.8%€13.13€5.63n/a6
Jan ’25€4.50
€8.13
+80.6%
28.8%€13.13€5.63n/a6
Dec ’24€4.40
€8.13
+84.7%
28.8%€13.13€5.63€11.666
Nov ’24€4.55
€8.83
+94.1%
24.5%€13.25€6.62€7.956
Oct ’24€5.22
€8.59
+64.5%
22.6%€12.75€6.38€7.587
Sep ’24€6.04
€8.59
+42.2%
22.6%€12.75€6.38€8.177
Aug ’24€6.26
€9.29
+48.4%
26.0%€12.82€5.50€5.507
Jul ’24€5.72
€9.29
+62.4%
26.0%€12.82€5.50€6.907
Jun ’24€5.98
€9.29
+55.3%
26.0%€12.82€5.50€6.807
May ’24€5.18
€10.29
+98.6%
24.3%€13.09€7.48€6.797
Apr ’24€5.91
€10.29
+74.0%
24.3%€13.09€7.48€7.967
Mar ’24€5.91
€10.29
+74.2%
24.3%€13.09€7.48€7.867
Feb ’24€6.05
€10.42
+72.2%
29.1%€14.77€6.46€5.467
Jan ’24€4.92
€11.35
+130.5%
24.5%€15.50€7.75€4.507
Dec ’23€4.68
€11.35
+142.6%
24.5%€15.50€7.75€4.407

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 Analysis2024/12/30 04:38
End of Day Share Price 2024/12/30 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

Similarweb Ltd. is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ryan MacWilliamsBarclays
Tyler RadkeCitigroup Inc
Adam HotchkissGoldman Sachs