Sinch AB (publ)

BATS-CHIXE:SINCHS Stock Report

Market Cap: SEK 19.9b

Sinch Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 SINCHS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 32.44
Fair Value
30.3% undervalued intrinsic discount
10
Number of Analysts

Below Fair Value: SINCHS (SEK22.6) is trading below our estimate of fair value (SEK32.44)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SINCHS. This is calculated by dividing SINCHS's market cap by their current revenue.
What is SINCHS's PS Ratio?
PS Ratio0.7x
SalesSEK 28.89b
Market CapSEK 19.92b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SINCHS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.5x
BYIT Bytes Technology Group
5.5x9.8%UK£1.1b
GBG GB Group
3.1x6.8%UK£864.8m
ALFA Alfa Financial Software Holdings
6.5x10.6%UK£664.3m
CER Cerillion
11.1x10.6%UK£484.0m
SINCHS Sinch
0.7x3.4%SEK 19.9b

Price-To-Sales vs Peers: SINCHS is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (6.5x).

Price to Sales Ratio vs Industry

How does SINCHS's PS Ratio compare vs other companies in the GB Software Industry?

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
RM. RM
0.4xn/aUS$110.69m
SWG Shearwater Group
0.3x19.4%US$10.11m
PEG Petards Group
0.4x30.4%US$4.93m
MBO MobilityOne
0.01xn/aUS$2.85m
No. of Companies12PS0246810+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SINCHS is good value based on its Price-To-Sales Ratio (0.7x) compared to the UK Software industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is SINCHS'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.

SINCHS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SINCHS's Price-To-Sales Fair Ratio for valuation analysis.

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 SINCHS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 22.60
SEK 30.78
+36.2%
24.6%SEK 45.00SEK 20.00n/a10
Jan ’26n/a
SEK 32.50
0%
32.5%SEK 55.00SEK 20.00n/a9
Dec ’25n/a
SEK 34.81
0%
33.5%SEK 55.00SEK 20.00n/a8
Nov ’25n/a
SEK 37.56
0%
32.5%SEK 55.00SEK 23.00n/a8
Oct ’25SEK 30.32
SEK 36.39
+20.0%
32.9%SEK 55.00SEK 23.00n/a9
Sep ’25n/a
SEK 37.39
0%
34.3%SEK 55.00SEK 23.00n/a9
Aug ’25n/a
SEK 37.39
0%
34.3%SEK 55.00SEK 23.00n/a9
Jul ’25n/a
SEK 41.44
0%
33.3%SEK 62.00SEK 23.50n/a8
Jun ’25n/a
SEK 42.06
0%
34.5%SEK 62.00SEK 23.50n/a8
May ’25n/a
SEK 43.25
0%
33.5%SEK 62.00SEK 26.00n/a8
Apr ’25n/a
SEK 43.25
0%
33.5%SEK 62.00SEK 26.00n/a8
Mar ’25n/a
SEK 44.71
0%
32.1%SEK 60.00SEK 26.00n/a7
Feb ’25SEK 30.73
SEK 45.86
+49.2%
32.0%SEK 60.00SEK 26.00n/a7
Jan ’25SEK 37.70
SEK 46.00
+22.0%
31.5%SEK 60.00SEK 26.00n/a7
Dec ’24SEK 29.82
SEK 46.00
+54.2%
31.5%SEK 60.00SEK 26.00n/a7
Nov ’24n/a
SEK 46.00
0%
31.5%SEK 63.00SEK 26.00n/a7
Oct ’24n/a
SEK 48.14
0%
31.3%SEK 65.00SEK 27.00SEK 30.327
Sep ’24n/a
SEK 48.14
0%
31.3%SEK 65.00SEK 27.00n/a7
Aug ’24SEK 30.39
SEK 48.14
+58.4%
31.3%SEK 65.00SEK 27.00n/a7
Jul ’24SEK 24.40
SEK 48.71
+99.7%
33.0%SEK 70.00SEK 27.00n/a7
Jun ’24SEK 23.01
SEK 48.71
+111.7%
33.0%SEK 70.00SEK 27.00n/a7
May ’24SEK 23.73
SEK 51.00
+115.0%
32.0%SEK 70.00SEK 31.00n/a7
Apr ’24SEK 28.03
SEK 54.71
+95.2%
27.5%SEK 70.00SEK 32.00n/a7
Mar ’24SEK 34.17
SEK 55.57
+62.6%
25.4%SEK 70.00SEK 32.00n/a7
Feb ’24SEK 43.36
SEK 56.86
+31.1%
29.3%SEK 80.00SEK 32.00SEK 30.737
Analyst Price Target
Consensus Narrative from 10 Analysts
SEK 29.49
Fair Value
23.4% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/05 02:36
End of Day Share Price 2025/02/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sinch AB (publ) is covered by 15 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Andreas MarkouBerenberg
James PaveyBofA Global Research