TeamViewer Valuation
Is TMVD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of TMVD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TMVD (€11.8) is trading below our estimate of fair value (€38.71)
Significantly Below Fair Value: TMVD is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TMVD?
Key metric: As TMVD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is TMVD's PE Ratio? | |
|---|---|
| PE Ratio | 15x |
| Earnings | €118.66m |
| Market Cap | €1.77b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.4x |
| Enterprise Value/EBITDA | 10.1x |
| PEG Ratio | 1.3x |
Price to Earnings Ratio vs Peers
How does TMVD's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 50.1x | ||
BYIT Bytes Technology Group | 21.1x | 6.7% | UK£1.1b |
GBG GB Group | 114.6x | 36.6% | UK£932.8m |
ALFA Alfa Financial Software Holdings | 29.1x | 6.3% | UK£643.4m |
CER Cerillion | 35.8x | 8.5% | UK£546.4m |
TMVD TeamViewer | 15x | 11.1% | €1.8b |
Price-To-Earnings vs Peers: TMVD is good value based on its Price-To-Earnings Ratio (15x) compared to the peer average (50.1x).
Price to Earnings Ratio vs Industry
How does TMVD's PE Ratio compare vs other companies in the GB Software Industry?
| 1 Company | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
SORT Sorted Group Holdings | 3x | n/a | US$5.46m |
| 1 Company | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: TMVD is good value based on its Price-To-Earnings Ratio (15x) compared to the UK Software industry average (35.8x).
Price to Earnings Ratio vs Fair Ratio
What is TMVD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 15x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TMVD's Price-To-Earnings 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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | €11.80 | €15.43 +30.8% | 13.6% | €19.00 | €12.00 | n/a | 16 |
| Nov ’25 | €13.42 | €15.80 +17.8% | 14.5% | €19.00 | €12.00 | n/a | 16 |
| Oct ’25 | €11.68 | €15.74 +34.8% | 14.2% | €19.00 | €12.00 | n/a | 16 |
| Sep ’25 | n/a | €15.99 0% | 13.1% | €19.00 | €13.00 | n/a | 15 |
| Aug ’25 | €10.74 | €15.96 +48.6% | 13.3% | €19.00 | €13.00 | n/a | 15 |
| Jul ’25 | n/a | €15.99 0% | 14.5% | €21.00 | €13.00 | n/a | 15 |
| Jun ’25 | €12.17 | €16.19 +33.1% | 16.1% | €21.00 | €13.00 | n/a | 15 |
| May ’25 | €12.50 | €16.99 +35.9% | 14.5% | €21.00 | €13.00 | n/a | 15 |
| Apr ’25 | €13.60 | €17.19 +26.4% | 13.6% | €21.00 | €13.00 | n/a | 15 |
| Mar ’25 | €14.75 | €17.20 +16.6% | 13.8% | €21.00 | €13.00 | n/a | 15 |
| Feb ’25 | €13.79 | €16.71 +21.1% | 14.6% | €21.00 | €13.00 | n/a | 15 |
| Jan ’25 | n/a | €17.08 0% | 15.7% | €23.00 | €12.00 | n/a | 15 |
| Dec ’24 | €13.36 | €17.08 +27.9% | 15.7% | €23.00 | €12.00 | n/a | 15 |
| Nov ’24 | €14.34 | €17.21 +20.0% | 18.2% | €24.50 | €11.00 | €13.42 | 14 |
| Oct ’24 | €15.63 | €17.23 +10.3% | 17.7% | €23.50 | €11.00 | €11.68 | 14 |
| Sep ’24 | n/a | €17.11 0% | 18.3% | €23.50 | €11.00 | n/a | 13 |
| Aug ’24 | n/a | €16.40 0% | 17.4% | €21.00 | €11.00 | €10.74 | 13 |
| Jul ’24 | €14.13 | €16.01 +13.3% | 17.8% | €21.00 | €11.00 | n/a | 13 |
| Jun ’24 | €14.67 | €16.01 +9.2% | 17.8% | €21.00 | €11.00 | €12.17 | 13 |
| May ’24 | €16.01 | €15.92 -0.6% | 18.6% | €21.00 | €11.00 | €12.50 | 13 |
| Apr ’24 | n/a | €14.49 0% | 15.0% | €19.00 | €11.00 | €13.60 | 13 |
| Mar ’24 | n/a | €14.71 0% | 16.3% | €19.00 | €11.00 | €14.75 | 14 |
| Feb ’24 | €12.18 | €13.66 +12.2% | 20.4% | €19.00 | €9.50 | €13.79 | 14 |
| Jan ’24 | n/a | €13.66 0% | 20.6% | €19.00 | €9.00 | n/a | 14 |
| Dec ’23 | €12.79 | €13.50 +5.6% | 21.3% | €19.00 | €9.00 | €13.36 | 14 |
| Nov ’23 | €9.65 | €13.44 +39.2% | 26.0% | €20.00 | €9.00 | €14.34 | 14 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
Discover undervalued companies
Kontron
€1.0b
Engages in the provision of internet of things (IoT) solutions in Austria and internationally.
0L9J
€16.88
7D
-3.8%
1Y
-25.4%
Computacenter
UK£2.3b
Provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally.
CCC
UK£22.28
7D
1.2%
1Y
-18.9%
Capgemini
€26.5b
Engages in the provision of consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.
CAPP
€154.43
7D
-1.4%
1Y
-13.7%