Knowit AB (publ)

DB:KOW Stock Report

Market Cap: €304.5m

Knowit Valuation

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

Below Fair Value: KOW (€11.2) is trading below our estimate of fair value (€26.59)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KOW. This is calculated by dividing KOW's market cap by their current earnings.
What is KOW's PE Ratio?
PE Ratio22.3x
EarningsSEK 157.93m
Market CapSEK 3.52b

Price to Earnings Ratio vs Peers

How does KOW's PE Ratio compare to its peers?

The above table shows the PE ratio for KOW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18x
SHF SNP Schneider-Neureither & Partner
27.1x11.1%€386.0m
D6H DATAGROUP
14.3x15.6%€361.2m
A1OS All for One Group
17.9x24.6%€260.7m
GFT GFT Technologies
12.8x13.3%€605.5m
KOW Knowit
22.3x35.5%€3.5b

Price-To-Earnings vs Peers: KOW is expensive based on its Price-To-Earnings Ratio (22.3x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

How does KOW'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
KOW 22.3xIndustry Avg. 17.9xNo. of Companies3PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KOW is expensive based on its Price-To-Earnings Ratio (22.3x) compared to the European IT industry average (18.3x).

Price to Earnings Ratio vs Fair Ratio

What is KOW'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.

KOW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.3x
Fair PE Ratio23.9x

Price-To-Earnings vs Fair Ratio: KOW is good value based on its Price-To-Earnings Ratio (22.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.9x).

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 KOW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€11.20
€12.64
+12.8%
7.2%€13.55€11.72n/a2
Nov ’25€11.34
€12.64
+11.4%
7.2%€13.55€11.72n/a2
Oct ’25€13.82
€14.92
+8.0%
8.0%€16.12€13.73n/a2
Sep ’25€13.92
€14.52
+4.3%
7.4%€15.59€13.45n/a2
Aug ’25€13.80
€14.52
+5.2%
7.4%€15.59€13.45n/a2
Jul ’25€14.66
€15.64
+6.7%
12.5%€17.59€13.68n/a2
Jun ’25€15.72
€15.10
-3.9%
12.5%€16.99€13.22n/a2
Apr ’25€14.04
€13.17
-6.2%
5.7%€13.92€12.41n/a2
Mar ’25€13.52
€13.17
-2.6%
5.7%€13.92€12.41n/a2
Feb ’25€12.40
€13.41
+8.1%
7.6%€14.43€12.39n/a2
Jan ’25€14.04
€13.53
-3.7%
6.6%€14.42€12.64n/a2
Dec ’24€12.62
€13.53
+7.2%
6.6%€14.42€12.64n/a2
Nov ’24€11.60
€13.53
+16.6%
6.6%€14.42€12.64€11.342
Jul ’24€14.44
€16.22
+12.3%
6.0%€17.19€15.25€14.662
Jun ’24€15.70
€20.81
+32.5%
4.8%€21.80€19.82€15.722
May ’24€19.74
€21.46
+8.7%
7.8%€23.13€19.79€12.142

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

Discover undervalued companies

CSE Global

S$307.3m

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$0.30

7D

1.4%

1Y

5.0%

Computacenter

UK£2.3b

Provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally.

COUD

UK£26.00

7D

-0.8%

1Y

-14.6%

INTERSHOP Communications

€28.1m

Offers B2B ecommerce solutions in Germany and internationally.

ISHA

€1.90

7D

5.0%

1Y

31.9%