Dassault Systèmes SE

LSE:0HB4 Stock Report

Market Cap: €23.2b

Dassault Systèmes Valuation

Is 0HB4 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 0HB4 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: 0HB4 (€17.63) is trading below our estimate of future cash flow value (€21.43)

Significantly Below Future Cash Flow Value: 0HB4 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 0HB4?

Key metric: As 0HB4 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0HB4. This is calculated by dividing 0HB4's market cap by their current earnings.
What is 0HB4's PE Ratio?
PE Ratio19.4x
Earnings€1.20b
Market Cap€23.21b

Price to Earnings Ratio vs Peers

How does 0HB4's PE Ratio compare to its peers?

The above table shows the PE ratio for 0HB4 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.3x
SGE Sage Group
21.3x11.54%UK£7.9b
BYIT Bytes Technology Group
12.9x3.28%UK£688.3m
GBG GB Group
52.6x36.95%UK£475.9m
ALFA Alfa Financial Software Holdings
14.5x2.01%UK£435.5m
0HB4 Dassault Systèmes
19.4x6.95%€23.2b

Price-To-Earnings vs Peers: 0HB4 is good value based on its Price-To-Earnings Ratio (19.4x) compared to the peer average (25.3x).


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 0HB4's PE Ratio compare vs other companies in the GB Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
MODE R8 Capital Investments
1.7xn/aUS$1.28m
No more companies available in this PE range
0HB4 19.4xIndustry Avg. 26.4xNo. of Companies4PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0HB4 is good value based on its Price-To-Earnings Ratio (19.4x) compared to the UK Software industry average (26.4x).


Price to Earnings Ratio vs Fair Ratio

What is 0HB4'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.

0HB4 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.4x
Fair PE Ratio34.6x

Price-To-Earnings vs Fair Ratio: 0HB4 is good value based on its Price-To-Earnings Ratio (19.4x) compared to the estimated Fair Price-To-Earnings Ratio (34.6x).


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 0HB4 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€17.27
€23.25
+34.65%
22.58%€36.82€15.00n/a20
Mar ’27€18.55
€24.59
+32.57%
22.09%€36.82€16.00n/a20
Feb ’27€23.26
€30.34
+30.44%
18.36%€43.00€21.00n/a20
Jan ’27€23.80
€31.02
+30.32%
17.12%€43.00€23.00n/a18
Dec ’26€23.84
€31.88
+33.72%
15.40%€43.00€23.00n/a18
Nov ’26€24.64
€31.88
+29.37%
15.40%€43.00€23.00n/a18
Oct ’26€28.46
€35.37
+24.28%
16.14%€46.00€24.00n/a18
Sep ’26€26.62
€35.56
+33.60%
15.50%€46.00€26.00n/a18
Aug ’26€27.94
€35.56
+27.29%
15.50%€46.00€26.00n/a18
Jul ’26€30.73
€37.98
+23.58%
15.58%€48.00€27.00n/a18
Jun ’26€33.06
€38.23
+15.63%
14.52%€48.00€28.00n/a20
May ’26€32.84
€38.55
+17.39%
14.54%€48.00€28.00n/a21
Apr ’26€35.19
€40.96
+16.38%
13.27%€49.00€30.00€17.2721
Mar ’26€37.84
€40.52
+7.08%
13.58%€49.00€30.00€18.5521
Feb ’26€38.06
€37.91
-0.39%
14.24%€47.00€27.00€23.2621
Jan ’26€33.18
€37.65
+13.48%
14.32%€47.00€27.00€23.8020
Dec ’25€32.45
€37.58
+15.82%
14.18%€47.00€27.00€23.8420
Nov ’25€31.92
€37.58
+17.73%
14.18%€47.00€27.00€24.6420
Oct ’25€35.49
€38.94
+9.71%
13.71%€47.00€28.00€28.4620
Sep ’25€35.50
€38.89
+9.53%
13.79%€47.00€28.00€26.6220
Aug ’25€34.83
€38.89
+11.66%
13.79%€47.00€28.00€27.9420
Jul ’25€34.97
€42.04
+20.23%
15.43%€51.00€30.00€30.7319
Jun ’25€36.62
€43.83
+19.69%
13.85%€52.00€32.00€33.0619
May ’25€37.03
€44.04
+18.93%
14.25%€52.00€32.00€32.8419
Apr ’25€41.05
€45.09
+9.86%
13.74%€55.00€33.00€35.1919
€23.26
Fair Value
24.2% undervalued intrinsic discount
20
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 Analysis2026/04/06 17:54
End of Day Share Price 2026/04/02 00:00
Earnings2025/12/31
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

Dassault Systèmes SE is covered by 32 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jesús Gómez DominguezBanco Santander
Adrian SanchezBanco Santander
Raimo LenschowBarclays