Pexip Holding ASA

LSE:0A3H Stock Report

Market Cap: NOK 8.0b

Pexip Holding Valuation

Is 0A3H undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 0A3H when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 0A3H (NOK77.13) is trading below our estimate of future cash flow value (NOK91.09)

Significantly Below Future Cash Flow Value: 0A3H is trading below future cash flow value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0A3H?

Key metric: As 0A3H is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0A3H. This is calculated by dividing 0A3H's market cap by their current earnings.
What is 0A3H's PE Ratio?
PE Ratio30.4x
EarningsUS$28.51m
Market CapUS$868.05m

Price to Earnings Ratio vs Peers

How does 0A3H's PE Ratio compare to its peers?

The above table shows the PE ratio for 0A3H vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.7x
BYIT Bytes Technology Group
16.5x6.08%UK£844.8m
ALFA Alfa Financial Software Holdings
15.3x2.25%UK£461.9m
GBG GB Group
59.7x36.31%UK£539.8m
CER Cerillion
23.4x8.24%UK£388.5m
0A3H Pexip Holding
30.4x18.51%NOK 8.0b

Price-To-Earnings vs Peers: 0A3H is expensive based on its Price-To-Earnings Ratio (30.4x) compared to the peer average (28.7x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does 0A3H's PE Ratio compare vs other companies in the GB Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
MODE R8 Capital Investments
1.9xn/aUS$1.44m
No more companies available in this PE range
0A3H 30.4xIndustry Avg. 23.4xNo. of Companies5PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0A3H is expensive based on its Price-To-Earnings Ratio (30.4x) compared to the UK Software industry average (23.3x).


Price to Earnings Ratio vs Fair Ratio

What is 0A3H'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.

0A3H PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.4x
Fair PE Ratio30x

Price-To-Earnings vs Fair Ratio: 0A3H is expensive based on its Price-To-Earnings Ratio (30.4x) compared to the estimated Fair Price-To-Earnings Ratio (30x).


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 0A3H forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 77.13
NOK 87.33
+13.23%
10.08%NOK 95.00NOK 75.00n/a3
May ’27NOK 68.08
NOK 82.50
+21.18%
3.03%NOK 85.00NOK 80.00n/a2
Apr ’27NOK 61.10
NOK 75.00
+22.75%
6.67%NOK 80.00NOK 70.00n/a2
Mar ’27NOK 61.25
NOK 75.00
+22.45%
6.67%NOK 80.00NOK 70.00n/a2
Feb ’27NOK 77.20
NOK 77.50
+0.39%
9.68%NOK 85.00NOK 70.00n/a2
Jan ’27NOK 77.48
NOK 77.50
+0.025%
9.68%NOK 85.00NOK 70.00n/a2
Dec ’26NOK 58.76
NOK 65.00
+10.63%
23.08%NOK 80.00NOK 50.00n/a2
Nov ’26NOK 62.25
NOK 65.00
+4.42%
23.08%NOK 80.00NOK 50.00n/a2
Oct ’26NOK 62.20
NOK 65.00
+4.50%
23.08%NOK 80.00NOK 50.00n/a2
Sep ’26NOK 65.50
NOK 65.00
-0.76%
23.08%NOK 80.00NOK 50.00n/a2
Aug ’26NOK 63.60
NOK 62.50
-1.73%
20.00%NOK 75.00NOK 50.00n/a2
Jul ’26NOK 58.80
NOK 62.50
+6.29%
20.00%NOK 75.00NOK 50.00n/a2
Jun ’26NOK 59.50
NOK 62.50
+5.04%
20.00%NOK 75.00NOK 50.00n/a2
May ’26NOK 39.65
NOK 52.50
+32.41%
4.76%NOK 55.00NOK 50.00NOK 68.082
Apr ’26NOK 38.33
NOK 55.00
+43.51%
9.09%NOK 60.00NOK 50.00NOK 61.102
Mar ’26NOK 43.45
NOK 55.00
+26.58%
9.09%NOK 60.00NOK 50.00NOK 61.252
Feb ’26NOK 46.25
NOK 49.50
+7.03%
1.01%NOK 50.00NOK 49.00NOK 77.202
Jan ’26NOK 43.85
NOK 49.50
+12.88%
1.01%NOK 50.00NOK 49.00NOK 77.482
Dec ’25NOK 45.00
NOK 49.50
+10.00%
1.01%NOK 50.00NOK 49.00NOK 58.762
Nov ’25NOK 43.30
NOK 44.50
+2.77%
12.36%NOK 50.00NOK 39.00NOK 62.252
Oct ’25NOK 38.55
NOK 44.50
+15.43%
12.36%NOK 50.00NOK 39.00NOK 62.202
Sep ’25NOK 36.70
NOK 35.50
-3.27%
12.68%NOK 40.00NOK 31.00NOK 65.502
Aug ’25NOK 30.60
NOK 33.00
+7.84%
6.06%NOK 35.00NOK 31.00NOK 63.602
Jul ’25NOK 29.10
NOK 33.00
+13.40%
6.06%NOK 35.00NOK 31.00NOK 58.802
NOK 87.37
Fair Value
11.7% undervalued intrinsic discount
3
Number of Analysts

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


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 15:26
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Pexip Holding ASA is covered by 4 analysts. 3 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
Mikael LaséenCarnegie Investment Bank AB
Christoffer BjørnsenDNB Carnegie