Jamf Holding Corp.

DB:JA4 Stock Report

Market Cap: €1.5b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Jamf Holding Valuation

Is JA4 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of JA4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: JA4 (€10.6) is trading below our estimate of future cash flow value (€19.59)

Significantly Below Future Cash Flow Value: JA4 is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JA4?

Key metric: As JA4 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for JA4. This is calculated by dividing JA4's market cap by their current revenue.
What is JA4's PS Ratio?
PS Ratio2.5x
SalesUS$690.59m
Market CapUS$1.74b

Price to Sales Ratio vs Peers

How does JA4's PS Ratio compare to its peers?

The above table shows the PS ratio for JA4 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.9x
AOF ATOSS Software
7.9x12.17%€1.5b
TMV TeamViewer
1.2x5.84%€871.2m
NB2 Northern Data
4x33.13%€809.5m
PSAN PSI Software
2.4x9.05%€703.2m
JA4 Jamf Holding
2.5x9.23%€1.7b

Price-To-Sales vs Peers: JA4 is good value based on its Price-To-Sales Ratio (2.5x) compared to the peer average (4x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does JA4's PS Ratio compare vs other companies in the DE Software Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
CSH CENIT
0.3x3.00%US$68.50m
LSX LS telcom
0.5x2.07%US$25.78m
ISHA INTERSHOP Communications
0.6x5.82%US$22.55m
CLIQ Cliq Digital
0.06x-27.91%US$10.97m
JA4 2.5xIndustry Avg. 1.9xNo. of Companies9PS02.44.87.29.612+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: JA4 is expensive based on its Price-To-Sales Ratio (2.5x) compared to the German Software industry average (2x).

Price to Sales Ratio vs Fair Ratio

What is JA4'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.

JA4 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.5x
Fair PS Ratio4.5x

Price-To-Sales vs Fair Ratio: JA4 is good value based on its Price-To-Sales Ratio (2.5x) compared to the estimated Fair Price-To-Sales Ratio (4.5x).

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 JA4 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€10.62
0%
8.50%€11.13€8.53n/a7
Feb ’27€10.60
€10.62
+0.15%
8.50%€11.13€8.53n/a7
Jan ’27€10.90
€10.62
-2.60%
8.50%€11.13€8.53n/a7
Dec ’26€10.80
€11.02
+2.01%
18.28%€15.54€8.63n/a8
Nov ’26€11.10
€10.93
-1.56%
18.55%€15.56€8.65n/a8
Oct ’26€8.90
€11.97
+34.55%
30.99%€19.40€8.43n/a10
Sep ’26€7.85
€12.54
+59.76%
28.60%€19.76€8.59n/a10
Aug ’26€6.60
€13.62
+106.40%
34.91%€22.99€8.51n/a10
Jul ’26€7.85
€15.86
+102.09%
25.69%€23.92€12.40n/a11
Jun ’26€9.00
€15.86
+76.27%
25.69%€23.92€12.40n/a11
May ’26€10.00
€15.44
+54.37%
27.28%€23.63€11.38n/a11
Apr ’26€11.10
€18.09
+62.95%
18.32%€24.66€14.62n/a10
Mar ’26€13.50
€19.67
+45.70%
16.29%€26.03€15.43n/a10
Feb ’26€14.70
€21.01
+42.95%
16.46%€28.80€16.32€10.609
Jan ’26€13.60
€21.36
+57.02%
13.73%€27.99€18.66€10.909
Dec ’25€13.80
€21.36
+54.75%
13.73%€27.99€18.66€10.809
Nov ’25€15.20
€20.99
+38.10%
13.73%€27.51€18.34€11.109
Oct ’25€15.30
€20.58
+34.51%
13.28%€26.84€17.90€8.909
Sep ’25€16.90
€21.65
+28.08%
13.37%€27.49€18.32€7.858
Aug ’25€16.70
€22.28
+33.43%
11.25%€27.57€18.38€6.608
Jul ’25n/a
€22.28
0%
11.25%€27.57€18.38€7.858
Jun ’25n/a
€22.41
0%
11.25%€27.72€18.48€9.008
May ’25€17.80
€21.01
+18.01%
13.23%€27.60€17.48€10.0010
Apr ’25€16.68
€21.01
+25.93%
13.23%€27.60€17.48€11.1010
Mar ’25€16.35
€20.71
+26.72%
15.45%€27.68€16.61€13.509
Feb ’25€16.87
€21.57
+27.86%
13.44%€28.13€17.82€14.709
€10.11
Fair Value
4.9% overvalued intrinsic discount
7
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/29 14:02
End of Day Share Price 2026/01/29 00:00
Earnings2025/09/30
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

Jamf Holding Corp. is covered by 13 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Raimo LenschowBarclays
Koji IkedaBofA Global Research
David HynesCanaccord Genuity