Software Aktiengesellschaft

LSE:0RUL Stock Report

Market Cap: €2.7b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Software Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 0RUL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€36.10
Fair Value
2.6% overvalued intrinsic discount
3
Number of Analysts

Below Fair Value: 0RUL (€37.02) is trading above our estimate of fair value (€36.1)

Significantly Below Fair Value: 0RUL is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As 0RUL is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0RUL. This is calculated by dividing 0RUL's market cap by their current revenue.
What is 0RUL's PS Ratio?
PS Ratio2.7x
Sales€1.00b
Market Cap€2.74b

Price to Sales Ratio vs Peers

How does 0RUL's PS Ratio compare to its peers?

The above table shows the PS ratio for 0RUL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.5x
DARK Darktrace
8x18.4%UK£3.7b
BLTG Blancco Technology Group
3.9x9.7%UK£173.0m
CNS Corero Network Security
5.1x12.7%UK£97.8m
KBT K3 Business Technology Group
0.9xn/aUK£36.7m
0RUL Software
2.7x6.7%€2.7b

Price-To-Sales vs Peers: 0RUL is good value based on its Price-To-Sales Ratio (2.7x) compared to the peer average (7.3x).

Price to Sales Ratio vs Industry

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

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
SWG Shearwater Group
0.4xn/aUS$10.54m
MBO MobilityOne
0.009xn/aUS$2.61m
CCS Crossword Cybersecurity
0.5xn/aUS$2.46m
TRAC t42 IoT Tracking Solutions
0.5xn/aUS$2.03m
0RUL 2.7xIndustry Avg. 2.3xNo. of Companies12PS0246810+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0RUL is expensive based on its Price-To-Sales Ratio (2.7x) compared to the UK Software industry average (2.6x).

Price to Sales Ratio vs Fair Ratio

What is 0RUL'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.

0RUL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.7x
Fair PS Ratio6x

Price-To-Sales vs Fair Ratio: 0RUL is good value based on its Price-To-Sales Ratio (2.7x) compared to the estimated Fair Price-To-Sales Ratio (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 0RUL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€27.83
0%
29.1%€39.00€20.00n/a3
Jan ’26n/a
€27.83
0%
29.1%€39.00€20.00n/a3
Dec ’25n/a
€27.83
0%
29.1%€39.00€20.00n/a3
Nov ’25n/a
€27.83
0%
29.1%€39.00€20.00n/a3
Oct ’25n/a
€27.83
0%
29.1%€39.00€20.00n/a3
Sep ’25n/a
€27.83
0%
29.1%€39.00€20.00n/a3
Aug ’25n/a
€27.83
0%
29.1%€39.00€20.00n/a3
Jul ’25n/a
€27.83
0%
29.1%€39.00€20.00n/a3
Jun ’25n/a
€27.83
0%
29.1%€39.00€20.00n/a3
May ’25n/a
€27.83
0%
29.1%€39.00€20.00n/a3
Apr ’25n/a
€27.83
0%
29.1%€39.00€20.00n/a3
Mar ’25€37.02
€27.83
-24.8%
29.1%€39.00€20.00n/a3
Feb ’25€38.72
€29.58
-23.6%
20.4%€39.00€20.00n/a6
Jan ’25€36.00
€28.42
-21.1%
16.2%€32.00€20.00n/a6
Dec ’24€31.92
€29.61
-7.2%
13.9%€32.00€20.00n/a9
Nov ’24€31.92
€29.85
-6.5%
13.3%€32.00€20.00n/a10
Oct ’24€31.52
€29.85
-5.3%
13.3%€32.00€20.00n/a10
Sep ’24€31.63
€29.85
-5.6%
13.3%€32.00€20.00n/a10
Aug ’24€31.24
€29.85
-4.4%
13.3%€32.00€20.00n/a10
Jul ’24€31.79
€30.04
-5.5%
12.5%€33.00€20.00n/a12
Jun ’24€33.04
€30.04
-9.1%
12.5%€33.00€20.00n/a12
May ’24€30.91
€27.46
-11.2%
15.3%€33.00€20.00n/a12
Apr ’24€20.11
€24.69
+22.8%
19.7%€35.00€18.00n/a14
Mar ’24€19.20
€25.19
+31.2%
19.5%€35.00€18.00€37.0214
Feb ’24€22.15
€28.32
+27.9%
15.9%€37.00€21.00€38.7214
Jan ’24€24.10
€28.89
+19.9%
18.4%€38.00€21.00€36.0014
Analyst Price Target
Consensus Narrative from 3 Analysts
€27.77
Fair Value
33.3% overvalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/02/28 21:37
End of Day Share Price 2024/02/28 00:00
Earnings2023/12/31
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 here.

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 .

Analyst Sources

Software Aktiengesellschaft is covered by 36 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
Knut WollerBaader Helvea Equity Research
Andrew GardinerBarclays
Gerhard OrgonasBerenberg