SoftwareOne Holding AG

BATS-CHIXE:SWONO Stock Report

Market Cap: NOK 21.2b

SoftwareOne Holding Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

NOK 223.4
Fair Value
55.8% undervalued intrinsic discount
9
Number of Analysts

Below Fair Value: SWONO (NOK98.76) is trading below our estimate of fair value (NOK223.4)

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SWONO. This is calculated by dividing SWONO's market cap by their current revenue.
What is SWONO's PS Ratio?
PS Ratio1.7x
SalesCHF 972.80m
Market CapCHF 1.68b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SWONO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
MIDW Midwich Group
0.1x3.15%UK£174.2m
RSW Renishaw
3.5x5.11%UK£2.5b
OXIG Oxford Instruments
2x-1.58%UK£1.0b
SXS Spectris
3x5.71%UK£4.1b
SWONO SoftwareOne Holding
1.7x15.81%NOK 1.7b

Price-To-Sales vs Peers: SWONO is good value based on its Price-To-Sales Ratio (1.7x) compared to the peer average (2.2x).


Price to Sales Ratio vs Industry

How does SWONO's PS Ratio compare vs other companies in the GB Electronic Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
MIDW Midwich Group
0.1x3.15%US$228.10m
NAR Northamber
0.1xn/aUS$9.94m
HDT Holders Technology
0.2xn/aUS$2.71m
TWD Trackwise Designs
0.1xn/aUS$1.14m
No. of Companies6PS01.22.43.64.86+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SWONO is expensive based on its Price-To-Sales Ratio (1.7x) compared to the UK Electronic industry average (1.3x).


Price to Sales Ratio vs Fair Ratio

What is SWONO'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.

SWONO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.7x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SWONO'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 SWONO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 98.76
NOK 115.12
+16.56%
21.33%NOK 176.24NOK 88.12n/a9
Oct ’26NOK 103.50
NOK 114.98
+11.09%
26.90%NOK 174.21NOK 87.11n/a10
Sep ’26NOK 92.24
NOK 116.70
+26.52%
26.88%NOK 174.73NOK 87.37n/a10
Aug ’26NOK 84.00
NOK 120.40
+43.34%
29.16%NOK 191.93NOK 89.57n/a10
Jul ’26n/a
NOK 123.89
0%
28.89%NOK 190.87NOK 89.07n/a11
Jun ’26n/a
NOK 114.74
0%
25.56%NOK 166.19NOK 86.17n/a10
May ’26n/a
NOK 117.56
0%
28.44%NOK 170.19NOK 78.16n/a8
Apr ’26n/a
NOK 118.36
0%
26.25%NOK 168.41NOK 87.33n/a8
Mar ’26n/a
NOK 118.36
0%
26.25%NOK 168.41NOK 87.33n/a8
Feb ’26n/a
NOK 113.92
0%
29.30%NOK 168.38NOK 62.36n/a9
Jan ’26n/a
NOK 125.25
0%
42.82%NOK 252.74NOK 63.18n/a9
Dec ’25n/a
NOK 139.12
0%
33.35%NOK 250.66NOK 94.00n/a9
Nov ’25n/a
NOK 180.36
0%
31.37%NOK 254.02NOK 95.26NOK 102.769
Oct ’25n/a
NOK 224.50
0%
8.95%NOK 250.84NOK 188.13NOK 103.5010
Sep ’25n/a
NOK 224.48
0%
9.26%NOK 249.42NOK 187.07NOK 92.2410
Aug ’25n/a
NOK 217.13
0%
9.49%NOK 241.52NOK 181.14NOK 84.0010
Jul ’25n/a
NOK 213.38
0%
8.88%NOK 239.35NOK 179.51n/a10
Jun ’25n/a
NOK 208.87
0%
8.41%NOK 236.28NOK 177.21n/a10
May ’25n/a
NOK 210.93
0%
8.05%NOK 239.49NOK 179.62n/a10
Apr ’25n/a
NOK 207.46
0%
9.29%NOK 239.63NOK 179.72n/a10
Mar ’25n/a
NOK 207.81
0%
9.76%NOK 240.94NOK 180.70n/a9
Feb ’25n/a
NOK 210.78
0%
11.93%NOK 255.36NOK 182.40n/a9
Jan ’25n/a
NOK 220.24
0%
11.84%NOK 258.54NOK 184.67n/a9
Dec ’24n/a
NOK 220.24
0%
11.84%NOK 258.54NOK 184.67n/a9
Nov ’24n/a
NOK 223.72
0%
11.84%NOK 262.62NOK 187.59n/a9
NOK 115.05
Fair Value
14.2% undervalued intrinsic discount
9
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 Analysis2025/11/05 19:01
End of Day Share Price 2025/11/05 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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

SoftwareOne Holding AG is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin JungfleischBNP Paribas
Ines MaoBNP Paribas
Ben Castillo-BernausBNP Paribas