Axway Software SA, an infrastructure software publisher, develops, distributes, integrates, and maintains infrastructure solutions to enable optimized data flow governance in the complex organizations.
Excellent balance sheet and fair value.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AXW exceeded the French Software industry which returned 14.5% over the past year.
Return vs Market: AXW exceeded the French Market which returned 8.5% over the past year.
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
4 days ago | Simply Wall StEarnings Miss: Axway Software SA Missed EPS By 26% And Analysts Are Revising Their Forecasts
5 days ago | Simply Wall StHere's What Axway Software SA's (EPA:AXW) P/E Is Telling Us
5 days ago | Simply Wall StHow Does Axway Software's (EPA:AXW) P/E Compare To Its Industry, After Its Big Share Price Gain?
Is Axway Software undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AXW (€17.6) is trading below our estimate of fair value (€68.5)
Significantly Below Fair Value: AXW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AXW is poor value based on its PE Ratio (70.4x) compared to the Software industry average (33.6x).
PE vs Market: AXW is poor value based on its PE Ratio (70.4x) compared to the French market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: AXW is poor value based on its PEG Ratio (1.7x)
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 (2.5x).
How is Axway Software forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXW's forecast earnings growth (41.4% per year) is above the savings rate (-0.1%).
Earnings vs Market: AXW's earnings (41.4% per year) are forecast to grow faster than the French market (13% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AXW's revenue (2% per year) is forecast to grow slower than the French market (4.6% per year).
High Growth Revenue: AXW's revenue (2% 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 (6.5%).
How has Axway Software performed over the past 5 years?
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 lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: AXW's earnings have declined by -36.1% per year over the past 5 years.
Accelerating Growth: AXW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AXW had negative earnings growth (-50.9%) over the past year, making it difficult to compare to the Software industry average (3%).
Return on Equity
High ROE: AXW's Return on Equity (1.5%) is considered low.
Return on Assets
Return on Capital Employed
How is Axway Software's financial position?
Financial Position Analysis
Short Term Liabilities: AXW's short term assets (€126.2M) do not cover its short term liabilities (€130.6M).
Long Term Liabilities: AXW's short term assets (€126.2M) exceed its long term liabilities (€75.6M).
Debt to Equity History and Analysis
Debt Level: AXW's debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: AXW's debt to equity ratio has reduced from 15.8% to 11.8% over the past 5 years.
Debt Coverage: AXW's debt is well covered by operating cash flow (31.9%).
Interest Coverage: AXW's interest payments on its debt are well covered by EBIT (9.2x coverage).
Inventory Level: AXW has a low level of unsold assets or inventory.
Debt Coverage by Assets: AXW's debt is covered by short term assets (assets are 3x debt).
What is Axway Software's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: AXW's dividend (2.27%) is higher than the bottom 25% of dividend payers in the French market (1.6%).
High Dividend: AXW's dividend (2.27%) is low compared to the top 25% of dividend payers in the French market (4.82%).
Stability and Growth of Payments
Stable Dividend: AXW has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AXW has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (160%), AXW's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AXW's dividends in 3 years are forecast to be well covered by earnings (27.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Patrick Donovan (49yo)
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 ($USD533.59K) is about average for companies of similar size in the French market ($USD485.02K).
Compensation vs Earnings: Insufficient data to compare Patrick's compensation with company performance.
|Chief Executive Officer||1.8yrs||€490.48k||no data|
|Chief Financial Officer||0.3yrs||no data||no data|
|Chief Technology & Innovation Officer||1.8yrs||no data||no data|
|Investor Relations Manager||0yrs||no data||no data|
|Executive Vice President of Strategy & Corporate Development||0yrs||no data||no data|
|Executive Vice President of People & Culture||0.8yrs||no data||no data|
|Executive Vice President of Global Distribution & Sales||0yrs||no data||no data|
|Executive Vice President of Go To Market||0.3yrs||no data||no data|
|Head of Corporate Services||0yrs||no data||no data|
|Chief Customer Officer||0yrs||no data||no data|
Experienced Management: AXW's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|Independent Director||7.8yrs||€25.92k||0.033% €125.0k|
|Independent Director||7.6yrs||€15.07k||no data|
|Chairman of the Board||0yrs||€155.95k||no data|
|Independent Director||8.8yrs||€26.58k||0.0016% €6.1k|
|Independent Director||8.8yrs||€36.41k||0.0043% €16.1k|
|Vice Chairman of the Board||6.3yrs||€24.78k||0.048% €183.0k|
|Independent Director||8.8yrs||€32.75k||0.11% €399.9k|
|Independent Director||5yrs||€23.40k||no data|
Experienced Board: AXW's board of directors are considered experienced (7.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Axway Software SA's company bio, employee growth, exchange listings and data sources
- Name: Axway Software SA
- Ticker: AXW
- Exchange: ENXTPA
- Founded: 2001
- Industry: Application Software
- Sector: Software
- Market Cap: €378.077m
- Shares outstanding: 21.18m
- Website: https://www.axway.com
Number of Employees
- Axway Software SA
- 6811 East Mayo Boulevard
- Suite 400
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AXW||ENXTPA (Euronext Paris)||Yes||Common Stock||FR||EUR||Jun 2011|
|0P5L||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Jun 2011|
|AXWP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Jun 2011|
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 operates AMPLIFY, a hybrid integration platform. Its AMPLIFY products include API management, managed file transfer, content collaboration, B2B integration, application development, analytics, and application integration solutions. The company also provides Axway Accounting Integration Suite that streamlines the integration between business applications and financial information systems; Axway Automator for the cross-silo automation, synchronization, and orchestration of job sequencing and services within a hybrid environment; Axway MailGate SC, which protects the network from attacks delivered by email, as well as secures sensitive data shared by email or attachment; and Axway Sentinel to discover, monitor, report on, and analyze data flows across the business ecosystem. In addition, it offers other products, including Axway Controlled Substance Ordering System; Axway EndPoint solutions; Axway Track & Trace; Axway Validation Authority Suite; Axway WideVision Alert; and Axway WideVision Service Health Check. Further, the company provides support, catalysts, consulting, and training and certification services. It serves automotive, banking and financial services, healthcare, insurance, life sciences, manufacturing and CPG, retail, and transportation and logistics industries, as well as the United States federal government. The company operates in the Americas, the Asia Pacific, France, and rest of Europe. Axway Software SA was founded in 2001 and is headquartered in Phoenix, Arizona.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 22:39|
|End of Day Share Price||2020/02/26 00:00|
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.