ENXTPA:AXW

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Executive Summary

Axway Software SA, an infrastructure software publisher, develops, distributes, integrates, and maintains infrastructure solutions to enable optimized data flow governance in the complex organizations.


Snowflake Analysis

Proven track record with adequate balance sheet.


Similar Companies

Share Price & News

How has Axway Software's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AXW has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.5%

AXW

-0.8%

FR Software

-0.9%

FR Market


1 Year Return

57.0%

AXW

17.2%

FR Software

-3.1%

FR Market

Return vs Industry: AXW exceeded the French Software industry which returned 18.3% over the past year.

Return vs Market: AXW exceeded the French Market which returned -3.3% over the past year.


Shareholder returns

AXWIndustryMarket
7 Day-4.5%-0.8%-0.9%
30 Day0.8%-3.1%-3.1%
90 Day26.2%9.8%9.3%
1 Year57.0%57.0%17.8%17.2%-1.1%-3.1%
3 Year-15.0%-18.5%75.9%72.7%9.8%0.4%
5 Year-11.7%-18.0%128.9%121.3%26.7%9.0%

Price Volatility Vs. Market

How volatile is Axway Software's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Axway Software undervalued compared to its fair value and its price relative to the market?

18.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AXW (€19) is trading below our estimate of fair value (€23.23)

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


Price To Earnings Ratio

PE vs Industry: AXW is poor value based on its PE Ratio (73.9x) compared to the FR Software industry average (41.9x).

PE vs Market: AXW is poor value based on its PE Ratio (73.9x) compared to the French market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: AXW is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: AXW is good value based on its PB Ratio (1.1x) compared to the FR Software industry average (2.3x).


Next Steps

Future Growth

How is Axway Software forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

35.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AXW's forecast earnings growth (35.3% per year) is above the savings rate (0.6%).

Earnings vs Market: AXW's earnings (35.3% per year) are forecast to grow faster than the French market (23% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AXW's revenue (2.3% per year) is forecast to grow slower than the French market (6.1% per year).

High Growth Revenue: AXW's revenue (2.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AXW's Return on Equity is forecast to be low in 3 years time (3.1%).


Next Steps

Past Performance

How has Axway Software performed over the past 5 years?

-42.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AXW has high quality earnings.

Growing Profit Margin: AXW's current net profit margins (1.8%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: AXW's earnings have declined by 42.2% per year over the past 5 years.

Accelerating Growth: AXW's earnings growth over the past year (415.6%) exceeds its 5-year average (-42.2% per year).

Earnings vs Industry: AXW earnings growth over the past year (415.6%) exceeded the Software industry -3.2%.


Return on Equity

High ROE: AXW's Return on Equity (1.5%) is considered low.


Next Steps

Financial Health

How is Axway Software's financial position?


Financial Position Analysis

Short Term Liabilities: AXW's short term assets (€127.5M) do not cover its short term liabilities (€131.1M).

Long Term Liabilities: AXW's short term assets (€127.5M) exceed its long term liabilities (€73.4M).


Debt to Equity History and Analysis

Debt Level: AXW's debt to equity ratio (11.7%) is considered satisfactory.

Reducing Debt: AXW's debt to equity ratio has increased from 3.3% to 11.7% over the past 5 years.

Debt Coverage: AXW's debt is well covered by operating cash flow (37.2%).

Interest Coverage: AXW's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Axway Software current dividend yield, its reliability and sustainability?

1.84%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AXW'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 AXW's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: AXW is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AXW's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

  • Explore strong dividend paying companies in the Software industry.

Management

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

1.3yrs

Average management tenure


CEO

Patrick Donovan (50 yo)

2.33yrs

Tenure

€1,921,089

Compensation

Mr. Patrick Donovan has been Chief Executive Officer of Axway Software SA since April 6, 2018. Mr. Donovan served as the Chief Financial Officer of Axway Inc. and its holding company Axway Software S.A. He ...


CEO Compensation Analysis

Compensation vs Market: Patrick's total compensation ($USD2.26M) is above average for companies of similar size in the French market ($USD733.71K).

Compensation vs Earnings: Patrick's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Patrick Donovan
Chief Executive Officer2.33yrs€1.92mno data
Cécile Allmacher
Chief Financial Officer0.83yrno datano data
Vince Padua
Chief Technology & Innovation Officer2.33yrsno datano data
Arthur Carli
Investor Relations Managerno datano datano data
Scott Hausman
Executive Vice President of Strategy & Corporate Developmentno datano datano data
Dominique Fougerat
Executive VP of People and Culture & Director of Human Resources1.25yrsno datano data
Mike Nason
Executive Vice President of Global Distribution & Salesno datano datano data
Paul French
Executive Vice President of Go To Market0.83yrno datano data
Morgan Exare
Head of Corporate Servicesno datano datano data
Roland Royer
Chief Customer Officerno datano datano data
Pat Ryan
Senior Vice President of North America Sales6.25yrsno datano data
Mark Fairbrother
Executive Vice President of Research & Development0.083yrno datano data

1.3yrs

Average Tenure

Experienced Management: AXW's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Gollner
Independent Director8.25yrs€17.75k0.033%
€ 134.4k
Yves de Talhouët
Independent Director8.08yrs€19.68kno data
Pierre Pasquier
Chairman of the Board18.67yrs€158.66kno data
Pascal Imbert
Independent Director9.33yrs€30.57k0.0016%
€ 6.5k
Hervé Saint-Sauveur
Independent Director9.33yrs€32.93k0.0042%
€ 17.3k
Emma Fernandez Alonso
Independent Director4.17yrs€23.08kno data
Helen Heslop
Independent Director4.17yrs€22.51kno data
Kathleen Clark Bracco
Vice Chairman of the Board6.83yrs€28.15k0.035%
€ 141.2k
Hervé Déchelette
Independent Director9.33yrs€34.39k0.11%
€ 430.2k
Pierre-Yves Commanay
Director6.17yrs€22.59k0.013%
€ 54.1k
Yann Metz-Pasquier
Director2.17yrs€25.07k0.089%
€ 362.5k
Véronique de La Bachelerie
Independent Director5.5yrs€23.79kno data

7.5yrs

Average Tenure

61yo

Average Age

Experienced Board: AXW's board of directors are considered experienced (7.5 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Axway Software SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Axway Software SA
  • Ticker: AXW
  • Exchange: ENXTPA
  • Founded: 2000
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €407.983m
  • Shares outstanding: 21.25m
  • Website: https://www.axway.com

Number of Employees


Location

  • Axway Software SA
  • 6811 East Mayo Boulevard
  • Suite 400
  • Phoenix
  • Arizona
  • 85054
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AXWENXTPA (Euronext Paris)YesCommon StockFREURJun 2011
0P5LLSE (London Stock Exchange)YesCommon StockGBEURJun 2011
AXWPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJun 2011

Biography

Axway Software SA, an infrastructure software publisher, develops, distributes, integrates, and maintains infrastructure solutions to enable optimized data flow governance in the complex organizations. The ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/05 22:04
End of Day Share Price2020/08/05 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.