Netcompany Group A/S

CPSE:NETC Stock Report

Market Cap: DKK 12.6b

Netcompany Group Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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.

DKK 392.79
Fair Value
31.0% undervalued intrinsic discount
7
Number of Analysts

Below Fair Value: NETC (DKK271.2) is trading below our estimate of fair value (DKK392.79)

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 Ratio29x
EarningsDKK 434.70m
Market CapDKK 12.60b

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 Average34.4x
TRIFOR Trifork Group
15.2x23.87%DKK 1.6b
COLUM Columbus
23.6xn/aDKK 1.3b
DATA Dataproces Group
35.6xn/aDKK 229.3m
CBRAIN cBrain
63.3x37.21%DKK 3.6b
NETC Netcompany Group
29x28.73%DKK 12.6b

Price-To-Earnings vs Peers: NETC is good value based on its Price-To-Earnings Ratio (29x) compared to the peer average (34.4x).

Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NETC 29.0xIndustry Avg. 19.2xNo. of Companies27PE01632486480+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NETC is expensive based on its Price-To-Earnings Ratio (29x) compared to the European IT industry average (19x).

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 Ratio29x
Fair PE Ratio31.6x

Price-To-Earnings vs Fair Ratio: NETC is good value based on its Price-To-Earnings Ratio (29x) compared to the estimated Fair Price-To-Earnings Ratio (31.6x).

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 271.20
DKK 315.86
+16.47%
10.37%DKK 375.00DKK 280.00n/a7
Oct ’26DKK 246.80
DKK 312.29
+26.53%
8.63%DKK 350.00DKK 280.00n/a7
Sep ’26DKK 248.80
DKK 313.00
+25.80%
8.40%DKK 350.00DKK 280.00n/a7
Aug ’26DKK 234.80
DKK 321.93
+37.11%
6.96%DKK 350.00DKK 280.00n/a7
Jul ’26DKK 266.00
DKK 324.33
+21.93%
4.44%DKK 350.00DKK 310.00n/a6
Jun ’26DKK 304.60
DKK 329.83
+8.28%
6.69%DKK 369.00DKK 310.00n/a6
May ’26DKK 292.20
DKK 324.83
+11.17%
6.00%DKK 359.00DKK 300.00n/a6
Apr ’26DKK 261.80
DKK 323.83
+23.69%
6.44%DKK 363.00DKK 300.00n/a6
Mar ’26DKK 295.00
DKK 323.83
+9.77%
6.44%DKK 363.00DKK 300.00n/a6
Feb ’26DKK 294.00
DKK 329.38
+12.03%
8.43%DKK 385.00DKK 300.00n/a8
Jan ’26DKK 339.00
DKK 346.14
+2.11%
12.19%DKK 428.00DKK 300.00n/a7
Dec ’25DKK 351.60
DKK 340.29
-3.22%
9.41%DKK 387.00DKK 300.00n/a7
Nov ’25DKK 318.20
DKK 333.14
+4.70%
9.50%DKK 387.00DKK 300.00n/a7
Oct ’25DKK 309.00
DKK 323.00
+4.53%
8.04%DKK 374.00DKK 295.00DKK 246.808
Sep ’25DKK 305.80
DKK 310.44
+1.52%
13.41%DKK 374.00DKK 215.00DKK 248.809
Aug ’25DKK 286.60
DKK 301.78
+5.30%
12.17%DKK 346.00DKK 215.00DKK 234.809
Jul ’25DKK 304.00
DKK 303.00
-0.33%
12.65%DKK 357.00DKK 215.00DKK 266.009
Jun ’25DKK 300.80
DKK 301.33
+0.18%
12.49%DKK 357.00DKK 215.00DKK 304.609
May ’25DKK 257.20
DKK 281.56
+9.47%
13.35%DKK 325.00DKK 200.00DKK 292.209
Apr ’25DKK 285.00
DKK 275.67
-3.27%
14.98%DKK 325.00DKK 200.00DKK 261.809
Mar ’25DKK 300.00
DKK 275.67
-8.11%
14.98%DKK 325.00DKK 200.00DKK 295.009
Feb ’25DKK 279.40
DKK 265.56
-4.96%
14.07%DKK 325.00DKK 200.00DKK 294.009
Jan ’25DKK 225.60
DKK 257.22
+14.02%
13.16%DKK 305.00DKK 190.00DKK 339.009
Dec ’24DKK 217.20
DKK 256.11
+17.91%
13.36%DKK 305.00DKK 190.00DKK 351.609
Nov ’24DKK 225.60
DKK 284.69
+26.19%
13.01%DKK 350.00DKK 230.00DKK 318.208
Oct ’24DKK 268.70
DKK 280.00
+4.21%
14.69%DKK 350.00DKK 210.00DKK 309.007
DKK 315.86
Fair Value
14.1% undervalued intrinsic discount
7
Number of Analysts

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 Analysis2025/10/14 06:50
End of Day Share Price 2025/10/14 00:00
Earnings2025/06/30
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

Netcompany Group A/S is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Orson RoutBarclays
Orson RoutBarclays