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

PENNEO is expensive based on its Price-To-Sales Ratio (3.1x) compared to the peer average (2.6x).

How does PENNEO's PS Ratio compare vs other companies in the European Software Industry?

PENNEO is expensive based on its Price-To-Sales Ratio (3.1x) compared to the European Software industry average (2x).

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 is good value based on its Price-To-Sales Ratio (3.1x) compared to the estimated Fair Price-To-Sales Ratio (3.3x).

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

PENNEO (DKK8.48) is trading below our estimate of [[fair value]] (DKK33.2)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Penneo (CPSE:PENNEO) - Stock Price, News & Analysis

PENNEO Stock Overview

A software-as-a-service company, provides signing and know-your-customer workflow software for the auditing and accounting industry. More details

PENNEO fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 74.5% below our estimate of its fair value

Earnings are forecast to grow 87.04% per year

Risk Analysis

Shareholders have been diluted in the past year

Does not have a meaningful market cap (DKK288M)

Penneo A/S Competitors

Mapspeople

CPSE:MAPS

DKK 128.8m

Impero

CPSE:IMPERO

DKK 129.6m

RISMA Systems

CPSE:RISMA

DKK 116.1m

Agillic

CPSE:AGILC

DKK 105.6m

Price History & Performance

Summary of all time highs, changes and price drops for Penneo
Historical stock prices
Current Share Price	DKK 8.48
52 Week High	DKK 10.70
52 Week Low	DKK 6.28
Beta	0.47
11 Month Change	-2.53%
3 Month Change	11.58%
1 Year Change	15.22%
33 Year Change	-68.06%
5 Year Change	n/a
Change since IPO	-64.64%

kr.10.00 - That's What Analysts Think Penneo A/S (CPH:PENNEO) Is Worth After These Results

Aug 31

Recent updates

kr.10.00 - That's What Analysts Think Penneo A/S (CPH:PENNEO) Is Worth After These Results

Aug 31

Is Penneo (CPH:PENNEO) Using Debt Sensibly?

Oct 17

Penneo A/S (CPH:PENNEO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Aug 20

Shareholder Returns

	PENNEO	DK Software	DK Market
7D	6.0%	1.3%	-3.1%
1Y	15.2%	-11.0%	5.7%

Return vs Industry: PENNEO exceeded the Danish Software industry which returned -11% over the past year.

Return vs Market: PENNEO exceeded the Danish Market which returned 5.7% over the past year.

Price Volatility

Is PENNEO's price volatile compared to industry and market?
PENNEO volatility
PENNEO Average Weekly Movement	5.8%
Software Industry Average Movement	6.9%
Market Average Movement	4.2%
10% most volatile stocks in DK Market	10.5%
10% least volatile stocks in DK Market	2.4%

Stable Share Price: PENNEO has not had significant price volatility in the past 3 months compared to the Danish market.

Volatility Over Time: PENNEO's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2014	106	Christian Stendevad	penneo.com

Penneo A/S, a software-as-a-service company, provides signing and know-your-customer workflow software for the auditing and accounting industry. Its solutions include Penneo Sign for digital signing, workflow automation, and data collection; and Penneo KYC to automate the client onboarding process. The company serves customers in audit and accounting, finance and banking, real estate, legal, and general administration industries.

Penneo A/S Fundamentals Summary

How do Penneo's earnings and revenue compare to its market cap?
PENNEO fundamental statistics
Market cap	DKK 276.11m
Earnings (TTM)	-DKK 19.07m
Revenue (TTM)	DKK 93.68m

3.1x

P/S Ratio

-15.1x

P/E Ratio

Is PENNEO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PENNEO income statement (TTM)
Revenue	DKK 93.68m
Cost of Revenue	DKK 13.92m
Gross Profit	DKK 79.77m
Other Expenses	DKK 98.84m
Earnings	-DKK 19.07m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 20, 2024

Earnings per share (EPS)	-0.56
Gross Margin	85.15%
Net Profit Margin	-20.35%
Debt/Equity Ratio	15.9%

How did PENNEO perform over the long term?

See historical performance and comparison

PENNEO Stock Overview

Rewards

Risk Analysis

Penneo A/S Competitors

CPSE:MAPS

DKK 128.8m

CPSE:IMPERO

DKK 129.6m

CPSE:RISMA

DKK 116.1m

CPSE:AGILC

DKK 105.6m

Price History & Performance

Recent News & Updates

Consensus EPS estimates upgraded to kr.0.29 loss, revenue downgraded

André Clement to Step Down as Chief Commercial Officer of Penneo A/S

New minor risk - Share price stability

kr.10.00 - That's What Analysts Think Penneo A/S (CPH:PENNEO) Is Worth After These Results

Second quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Penneo A/S to Report Fiscal Year 2024 Results on Mar 05, 2025

Recent updates

Consensus EPS estimates upgraded to kr.0.29 loss, revenue downgraded

André Clement to Step Down as Chief Commercial Officer of Penneo A/S

New minor risk - Share price stability

kr.10.00 - That's What Analysts Think Penneo A/S (CPH:PENNEO) Is Worth After These Results

Second quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Penneo A/S to Report Fiscal Year 2024 Results on Mar 05, 2025

Consensus EPS estimates fall by 64%

Forecast breakeven date pushed back to 2026

Consensus EPS estimates upgraded to kr.0.22 loss

Forecast breakeven date moved forward to 2025

Chief Financial Officer recently sold kr.429k worth of stock

Price target increased by 11% to kr.10.00

Consensus estimates of losses per share improve by 19%

Penneo A/S Announces Board Resignations

Forecast to breakeven in 2026

Co-Founder & Chief Commercial Officer recently sold kr.117k worth of stock

Penneo A/S Announces Resignation of Sara Lindgaard as Chief People & Culture Officer

Penneo A/S, Annual General Meeting, Apr 10, 2024

Consensus EPS estimates fall by 15%

Chief Financial Officer recently sold kr.55k worth of stock

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Penneo A/S Revises Earnings Guidance for the Year 2023

New minor risk - Share price stability

Consensus EPS estimates upgraded to kr.0.72 loss

Is Penneo (CPH:PENNEO) Using Debt Sensibly?

Price target decreased by 20% to kr.9.00

Penneo Announces Executive Appointments

Chief Financial Officer recently sold kr.153k worth of stock

Penneo A/S (CPH:PENNEO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 13%, revenue upgraded

Penneo A/S Reaffirms Earnings Guidance for the Year 2023

Co-Founder & Chief Commercial Officer recently sold kr.1.7m worth of stock

High number of new and inexperienced directors

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Penneo A/S Reaffirms Earnings Guidance for the Year 2023

Penneo Appoints Kirstine Møller Pedersen as New Chief Marketing Officer Effective August 1, 2023

Independent Director recently sold kr.2.6m worth of stock

Full year 2022 earnings: EPS exceeds analyst expectations

Penneo Appoints Hans J. Skovgaard as Chief Technology and Product Officer

Penneo A/S Appoints Daniel Selde as Chief Marketing Officer, Effective 1 January 2023

Consensus EPS estimates fall by 11%

No longer forecast to breakeven

Penneo A/S to Report Q3, 2023 Results on Nov 21, 2023

Price target decreased to kr.17.17

Less than half of directors are independent

No longer forecast to breakeven

Penneo A/S to Report Fiscal Year 2022 Results on Feb 28, 2023

Estimating The Fair Value Of Penneo A/S (CPH:PENNEO)

Now 20% undervalued after recent price drop

Consensus forecasts updated

Price target decreased to kr.19.67

First quarter 2022 earnings: EPS exceeds analyst expectations

Is Penneo (CPH:PENNEO) Using Debt Sensibly?

No independent directors

Full year 2021 earnings: Revenues in line with analyst expectations

A Look At The Intrinsic Value Of Penneo A/S (CPH:PENNEO)

Consensus forecasts updated

No longer forecast to breakeven