Netcompany Group A/S

CPSE:NETC Stock Report

Market Cap: DKK 15.9b

Netcompany Group Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: NETC (DKK335.4) is trading below our estimate of fair value (DKK478.42)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NETC. This is calculated by dividing NETC's market cap by their current earnings.
What is NETC's PE Ratio?
PE Ratio38.1x
EarningsDKK 417.60m
Market CapDKK 15.92b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NETC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.9x
TRIFOR Trifork Group
11x11.1%DKK 1.5b
COLUM Columbus
34.9xn/aDKK 1.3b
DATA Dataproces Group
40.4xn/aDKK 201.7m
SIM SimCorp
37.5xn/aDKK 28.8b
NETC Netcompany Group
38.1x29.5%DKK 15.9b

Price-To-Earnings vs Peers: NETC is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the peer average (28.7x).

Price to Earnings Ratio vs Industry

How does NETC's PE Ratio compare vs other companies in the European IT Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
NETC 38.1xIndustry Avg. 17.7xNo. of Companies22PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NETC is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the European IT industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is NETC'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.

NETC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.1x
Fair PE Ratio37.3x

Price-To-Earnings vs Fair Ratio: NETC is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the estimated Fair Price-To-Earnings Ratio (37.3x).

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 NETC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 335.40
DKK 346.14
+3.2%
12.2%DKK 428.00DKK 300.00n/a7
Dec ’25DKK 351.60
DKK 340.29
-3.2%
9.4%DKK 387.00DKK 300.00n/a7
Nov ’25DKK 318.20
DKK 333.14
+4.7%
9.5%DKK 387.00DKK 300.00n/a7
Oct ’25DKK 309.00
DKK 323.00
+4.5%
8.0%DKK 374.00DKK 295.00n/a8
Sep ’25DKK 305.80
DKK 310.44
+1.5%
13.4%DKK 374.00DKK 215.00n/a9
Aug ’25DKK 286.60
DKK 301.78
+5.3%
12.2%DKK 346.00DKK 215.00n/a9
Jul ’25DKK 304.00
DKK 303.00
-0.3%
12.6%DKK 357.00DKK 215.00n/a9
Jun ’25DKK 300.80
DKK 301.33
+0.2%
12.5%DKK 357.00DKK 215.00n/a9
May ’25DKK 257.20
DKK 281.56
+9.5%
13.3%DKK 325.00DKK 200.00n/a9
Apr ’25DKK 285.00
DKK 275.67
-3.3%
15.0%DKK 325.00DKK 200.00n/a9
Mar ’25DKK 300.00
DKK 275.67
-8.1%
15.0%DKK 325.00DKK 200.00n/a9
Feb ’25DKK 279.40
DKK 265.56
-5.0%
14.1%DKK 325.00DKK 200.00n/a9
Jan ’25DKK 225.60
DKK 257.22
+14.0%
13.2%DKK 305.00DKK 190.00n/a9
Dec ’24DKK 217.20
DKK 256.11
+17.9%
13.4%DKK 305.00DKK 190.00DKK 351.609
Nov ’24DKK 225.60
DKK 284.69
+26.2%
13.0%DKK 350.00DKK 230.00DKK 318.208
Oct ’24DKK 268.70
DKK 280.00
+4.2%
14.7%DKK 350.00DKK 210.00DKK 309.007
Sep ’24DKK 260.20
DKK 280.00
+7.6%
14.7%DKK 350.00DKK 210.00DKK 305.807
Aug ’24DKK 316.90
DKK 314.88
-0.6%
20.9%DKK 430.00DKK 215.00DKK 286.608
Jul ’24DKK 282.40
DKK 313.63
+11.1%
21.6%DKK 430.00DKK 205.00DKK 304.008
Jun ’24DKK 281.50
DKK 313.63
+11.4%
21.6%DKK 430.00DKK 205.00DKK 300.808
May ’24DKK 262.00
DKK 313.31
+19.6%
21.7%DKK 432.50DKK 205.00DKK 257.208
Apr ’24DKK 249.20
DKK 314.88
+26.4%
22.5%DKK 445.00DKK 205.00DKK 285.008
Mar ’24DKK 242.80
DKK 314.88
+29.7%
22.5%DKK 445.00DKK 205.00DKK 300.008
Feb ’24DKK 275.00
DKK 338.43
+23.1%
20.0%DKK 445.00DKK 260.00DKK 279.407
Jan ’24DKK 294.20
DKK 416.33
+41.5%
12.7%DKK 475.00DKK 325.00DKK 225.606
Dec ’23DKK 339.00
DKK 415.50
+22.6%
12.7%DKK 475.00DKK 325.00DKK 217.206

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 Analysis2024/12/26 11:40
End of Day Share Price 2024/12/23 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

Netcompany Group A/S is covered by 12 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
Orson RoutBarclays
Orson RoutBarclays
Aditya BuddhavarapuBofA Global Research