Cognyte Software Ltd.

DB:81M Stock Report

Market Cap: €620.4m

Cognyte Software Valuation

Is 81M 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 81M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 81M (€8.75) is trading above our estimate of fair value (€7.77)

Significantly Below Fair Value: 81M is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 81M?

Key metric: As 81M is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 81M. This is calculated by dividing 81M's market cap by their current revenue.
What is 81M's PS Ratio?
PS Ratio1.9x
SalesUS$339.82m
Market CapUS$639.36m

Price to Sales Ratio vs Peers

How does 81M's PS Ratio compare to its peers?

The above table shows the PS ratio for 81M vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.2x
GKS0 GK Software
3.3xn/a€561.4m
MUM Mensch und Maschine Software
2.6x2.5%€915.9m
PSAN PSI Software
1.2x8.5%€328.3m
EQS EQS Group
5.5x18.6%€394.9m
81M Cognyte Software
1.9x7.8%€639.4m

Price-To-Sales vs Peers: 81M is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (3.2x).

Price to Sales Ratio vs Industry

How does 81M's PS Ratio compare vs other companies in the DE Software Industry?

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
CSH CENIT
0.3x4.7%US$65.97m
CLIQ Cliq Digital
0.1x12.3%US$29.22m
ISHA INTERSHOP Communications
0.6x5.0%US$26.15m
LSX LS telcom
0.4x2.5%US$18.15m
81M 1.9xIndustry Avg. 2.2xNo. of Companies8PS02.85.68.411.214+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 81M is good value based on its Price-To-Sales Ratio (1.9x) compared to the German Software industry average (2.2x).

Price to Sales Ratio vs Fair Ratio

What is 81M'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.

81M PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ratio4.8x

Price-To-Sales vs Fair Ratio: 81M is good value based on its Price-To-Sales Ratio (1.9x) compared to the estimated Fair Price-To-Sales Ratio (4.8x).

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 81M forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€8.75
€7.88
-9.9%
9.1%€8.60€7.17n/a2
Dec ’25n/a
€7.60
0%
9.1%€8.29€6.91n/a2
Nov ’25€2.38
€7.60
+219.2%
9.1%€8.29€6.91n/a2
Oct ’25€6.05
€8.32
+37.5%
15.6%€9.98€6.81n/a3
Sep ’25€6.60
€8.56
+29.7%
15.6%€10.27€7.01n/a3
Aug ’25€6.85
€8.56
+25.0%
15.6%€10.27€7.01n/a3
Jul ’25€6.95
€8.56
+23.2%
15.6%€10.27€7.01n/a3
Jun ’25€6.70
€8.29
+23.8%
17.5%€10.33€7.04n/a3
May ’25€6.30
€8.29
+31.6%
17.5%€10.33€7.04n/a3
Apr ’25€7.30
€6.07
-16.9%
35.4%€9.10€4.55n/a3
Mar ’25€6.70
€6.07
-9.5%
35.4%€9.10€4.55n/a3
Feb ’25€6.50
€6.07
-6.7%
35.4%€9.10€4.55n/a3
Jan ’25€5.60
€6.07
+8.3%
35.4%€9.10€4.55n/a3
Dec ’24€4.50
€6.16
+36.9%
32.6%€9.01€4.74n/a3
Nov ’24€3.86
€6.16
+59.6%
32.6%€9.01€4.74€2.383
Oct ’24€4.14
€6.76
+63.2%
31.0%€8.85€4.66€6.052
Sep ’24€4.32
€5.91
+36.8%
32.6%€8.64€4.55€6.603
Aug ’24€4.74
€5.91
+24.7%
32.6%€8.64€4.55€6.853
Jul ’24€5.35
€4.88
-8.9%
8.8%€5.48€4.57€6.953
Jun ’24€4.46
€4.28
-4.0%
26.7%€5.50€2.75€6.703
May ’24€3.60
€4.28
+18.9%
26.7%€5.50€2.75€6.303
Apr ’24€2.92
€5.64
+93.1%
49.1%€9.40€2.82€7.303
Mar ’24€3.34
€4.83
+44.6%
54.5%€9.20€2.76€6.704
Feb ’24€3.34
€4.83
+44.6%
54.5%€9.20€2.76€6.504
Jan ’24€2.68
€4.95
+84.6%
54.5%€9.42€2.83€5.604

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 21:21
End of Day Share Price 2025/01/03 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

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

Cognyte Software Ltd. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter LevineEvercore ISI
Michael CikosNeedham & Company
Brad RebackStifel, Equities Research