OVH Groupe S.A.

ENXTPA:OVH Stock Report

Market Cap: €1.6b

OVH Groupe Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: OVH (€8.46) is trading below our estimate of fair value (€20.09)

Significantly Below Fair Value: OVH is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As OVH is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for OVH. This is calculated by dividing OVH's market cap by their current revenue.
What is OVH's PS Ratio?
PS Ratio1.6x
Sales€993.05m
Market Cap€1.61b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for OVH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
SII SII
1.3xn/a€1.4b
WAVE Wavestone
1.6x12.4%€1.1b
NRO Neurones
1.4xn/a€1.1b
ATE Alten
0.6x0.7%€2.7b
OVH OVH Groupe
1.6x10.1%€1.6b

Price-To-Sales vs Peers: OVH is expensive based on its Price-To-Sales Ratio (1.6x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does OVH's PS Ratio compare vs other companies in the FR IT Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
S30 Solutions 30
0.09x6.4%US$104.78m
ATO Atos
0.002x-1.6%US$22.55m
FPG Union Technologies Informatique Group
0.08xn/aUS$1.93m
No more companies available in this PS range
OVH 1.6xIndustry Avg. 0.9xNo. of Companies3PS00.40.81.21.62+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: OVH is expensive based on its Price-To-Sales Ratio (1.6x) compared to the French IT industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is OVH'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.

OVH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.6x
Fair PS Ratio3.4x

Price-To-Sales vs Fair Ratio: OVH is good value based on its Price-To-Sales Ratio (1.6x) compared to the estimated Fair Price-To-Sales Ratio (3.4x).

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 OVH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€8.46
€9.64
+14.0%
38.3%€16.50€4.70n/a9
Nov ’25€8.75
€9.42
+7.6%
38.3%€16.50€4.70n/a9
Oct ’25€6.79
€9.35
+37.8%
45.0%€16.00€3.90n/a10
Sep ’25€6.17
€9.35
+51.5%
45.0%€16.00€3.90n/a10
Aug ’25€5.85
€8.61
+47.3%
43.8%€15.50€3.90n/a9
Jul ’25€5.93
€9.91
+67.1%
38.9%€16.00€5.00n/a10
Jun ’25€4.54
€10.80
+137.9%
28.4%€16.00€6.00n/a10
May ’25€6.68
€11.35
+70.0%
23.0%€16.00€7.50n/a10
Apr ’25€9.68
€11.84
+22.3%
19.9%€16.00€7.50n/a11
Mar ’25€9.46
€11.45
+21.1%
25.5%€16.30€7.00n/a11
Feb ’25€9.77
€11.26
+15.3%
26.9%€16.30€7.00n/a11
Jan ’25€8.62
€10.33
+19.9%
32.2%€16.00€7.00n/a11
Dec ’24€8.55
€10.37
+21.3%
31.5%€16.00€7.00n/a11
Nov ’24€6.48
€11.51
+77.7%
39.3%€21.00€7.00€8.7511
Oct ’24€8.60
€12.96
+50.7%
26.3%€21.00€8.50€6.7911
Sep ’24€9.30
€12.96
+39.4%
26.3%€21.00€8.50€6.1711
Aug ’24€10.27
€12.80
+24.6%
27.6%€21.00€8.50€5.8510
Jul ’24€9.46
€12.87
+36.0%
26.9%€21.00€8.50€5.9310
Jun ’24€10.28
€12.97
+26.2%
26.4%€21.00€8.50€4.5410
May ’24€9.53
€12.97
+36.1%
26.4%€21.00€8.50€6.6810
Apr ’24€11.51
€16.42
+42.7%
26.1%€23.00€10.00€9.6810
Mar ’24€14.44
€16.27
+12.7%
26.2%€23.00€10.00€9.4610
Feb ’24€15.63
€16.36
+4.6%
29.6%€23.00€9.50€9.779
Jan ’24€15.98
€16.36
+2.4%
29.6%€23.00€9.50€8.629
Dec ’23€13.48
€16.36
+21.3%
29.6%€23.00€9.50€8.559
Nov ’23€12.99
€16.32
+25.7%
31.8%€23.00€9.50€6.489

Analyst Forecast: Target price is less than 20% higher than the current share price.

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