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PENN

Penneo CPSE:PENNEO Stock Report

Last Price

kr.10.50

Market Cap

kr.332.8m

7D

-2.2%

1Y

-77.2%

Updated

25 Jun, 2022

Data

Company Financials +
PENNEO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

PENNEO Stock Overview

Penneo A/S, a software-as-a-service company, provides an eco-system of automation solutions that digitizes companies’ workflows of customers onboarding, and signing and managing documents.

Penneo Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Penneo
Historical stock prices
Current Share Pricekr.10.50
52 Week Highkr.58.00
52 Week Lowkr.10.00
Beta-0.63
1 Month Change-28.96%
3 Month Change-34.13%
1 Year Change-77.25%
3 Year Changen/a
5 Year Changen/a
Change since IPO-56.22%

Recent News & Updates

May 05
Is Penneo (CPH:PENNEO) Using Debt Sensibly?

Is Penneo (CPH:PENNEO) Using Debt Sensibly?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

PENNEODK SoftwareDK Market
7D-2.2%6.6%4.8%
1Y-77.2%-39.7%-1.2%

Return vs Industry: PENNEO underperformed the Danish Software industry which returned -39.7% over the past year.

Return vs Market: PENNEO underperformed the Danish Market which returned -1.2% over the past year.

Price Volatility

Is PENNEO's price volatile compared to industry and market?
PENNEO volatility
PENNEO Average Weekly Movement10.8%
Software Industry Average Movement9.0%
Market Average Movement6.5%
10% most volatile stocks in DK Market10.9%
10% least volatile stocks in DK Market3.5%

Stable Share Price: PENNEO is more volatile than 75% of Danish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: PENNEO's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Danish stocks.

About the Company

FoundedEmployeesCEOWebsite
201478Christian Stendevadhttps://penneo.com

Penneo A/S, a software-as-a-service company, provides an eco-system of automation solutions that digitizes companies’ workflows of customers onboarding, and signing and managing documents. It digitizes, automates, and secures digital document handling workflows. The company serves customers in audit and accounting, finance, real estate, and law industries.

Penneo Fundamentals Summary

How do Penneo's earnings and revenue compare to its market cap?
PENNEO fundamental statistics
Market Capkr.332.75m
Earnings (TTM)-kr.19.80m
Revenue (TTM)kr.57.77m

5.8x

P/S Ratio

-16.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PENNEO income statement (TTM)
Revenuekr.57.77m
Cost of Revenuekr.10.30m
Gross Profitkr.47.47m
Other Expenseskr.67.27m
Earnings-kr.19.80m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 24, 2022

Earnings per share (EPS)-0.62
Gross Margin82.16%
Net Profit Margin-34.27%
Debt/Equity Ratio13.1%

How did PENNEO perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PENNEO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5x
Enterprise Value/EBITDA-17.9x
PEG Ration/a

Price to Sales Ratio vs Peers

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

PENNEO PS Ratio vs Peers
The above table shows the PS ratio for PENNEO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average6.8x

Price-To-Sales vs Peers: PENNEO is good value based on its Price-To-Sales Ratio (5.8x) compared to the peer average (6.8x).


Price to Earnings Ratio vs Industry

How does PENNEO's PE Ratio compare vs other companies in the Danish Software Industry?

Price-To-Sales vs Industry: PENNEO is expensive based on its Price-To-Sales Ratio (5.8x) compared to the Danish Software industry average (5.8x)


Price to Sales Ratio vs Fair Ratio

What is PENNEO'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.

PENNEO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.8x
Fair PS Ratio12.8x

Price-To-Sales vs Fair Ratio: PENNEO is good value based on its Price-To-Sales Ratio (5.8x) compared to the estimated Fair Price-To-Sales Ratio (12.8x).


Share Price vs Fair Value

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

Below Fair Value: PENNEO (DKK10.5) is trading below our estimate of fair value (DKK12.52)

Significantly Below Fair Value: PENNEO is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PENNEO's PEG Ratio to determine if it is good value.


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Future Growth

How is Penneo forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


49.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PENNEO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PENNEO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PENNEO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PENNEO's revenue (32.1% per year) is forecast to grow faster than the Danish market (6.5% per year).

High Growth Revenue: PENNEO's revenue (32.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PENNEO is forecast to be unprofitable in 3 years.


Discover growth companies

Past Performance

How has Penneo performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-22.0%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: PENNEO is currently unprofitable.

Growing Profit Margin: PENNEO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PENNEO's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare PENNEO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PENNEO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (16.9%).


Return on Equity

High ROE: PENNEO has a negative Return on Equity (-17.81%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Penneo's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PENNEO's short term assets (DKK90.9M) exceed its short term liabilities (DKK15.0M).

Long Term Liabilities: PENNEO's short term assets (DKK90.9M) exceed its long term liabilities (DKK27.4M).


Debt to Equity History and Analysis

Debt Level: PENNEO has more cash than its total debt.

Reducing Debt: Insufficient data to determine if PENNEO's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PENNEO has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PENNEO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Penneo current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PENNEO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PENNEO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PENNEO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PENNEO's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PENNEO has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Christian Stendevad (51 yo)

0.83

Tenure

Mr. Christian Stendevad has been Chief Executive Officer and Member of Management Board at Penneo A/S since August 18, 2021. He served as an Executive Vice President at Omada A/S. Mr. Stendevad has been a...


Leadership Team

Experienced Management: PENNEO's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: PENNEO's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.2%.


Top Shareholders

Company Information

Penneo A/S's employee growth, exchange listings and data sources


Key Information

  • Name: Penneo A/S
  • Ticker: PENNEO
  • Exchange: CPSE
  • Founded: 2014
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: kr.332.751m
  • Shares outstanding: 31.69m
  • Website: https://penneo.com

Number of Employees


Location

  • Penneo A/S
  • Enghavevej 40
  • 4th floor
  • Copenhagen
  • Capital Region of Denmark
  • 1674
  • Denmark

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.