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

MODEL is good value based on its Price-To-Sales Ratio (2.7x) compared to the peer average (2.9x).

How does MODEL's PS Ratio compare vs other companies in the SE Software Industry?

MODEL is expensive based on its Price-To-Sales Ratio (2.7x) compared to the Swedish Software industry average (2.2x).

What is MODEL'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.

Insufficient data to calculate MODEL's Price-To-Sales Fair Ratio for valuation analysis.

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

Insufficient data to calculate MODEL's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

MODEL Stock Overview

Provides systems modeling and simulation software solutions in Sweden and internationally. More details

MODEL fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 123.72% per year

Risk Analysis

Does not have a meaningful market cap (SEK222M)

My Notes

Capture your thoughts, links and company narrative

Modelon AB (publ) Competitors

Mestro

OM:MESTRO

SEK 206.5m

Genesis IT

NGM:GENE

SEK 262.9m

Avensia

OM:AVEN

SEK 299.2m

CodeMill

OM:CDMIL

SEK 213.9m

Price History & Performance

Summary of share price highs, lows and changes for Modelon
Historical stock prices
Current Share Price	SEK 12.90
52 Week High	SEK 14.20
52 Week Low	SEK 10.40
Beta	0
1 Month Change	10.26%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	17.27%

Recent updates

Shareholder Returns

	MODEL	SE Software	SE Market
7D	-5.8%	-2.6%	-2.7%
1Y	n/a	8.2%	4.6%

Return vs Industry: Insufficient data to determine how MODEL performed against the Swedish Software industry.

Return vs Market: Insufficient data to determine how MODEL performed against the Swedish Market.

Price Volatility

Is MODEL's price volatile compared to industry and market?
MODEL volatility
MODEL Average Weekly Movement	7.8%
Software Industry Average Movement	7.8%
Market Average Movement	5.6%
10% most volatile stocks in SE Market	11.3%
10% least volatile stocks in SE Market	3.2%

Stable Share Price: MODEL has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: Insufficient data to determine MODEL's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	100	Jan Haglund	www.modelon.com

Modelon AB (publ) provides systems modeling and simulation software solutions in Sweden and internationally. The company’s flagship product is Modelon Impact, a cloud-native system simulation software platform with a browser-based interface, and models and components for various applications. It also offers Modelon Library Suite, a suite of libraries for physical system modeling; and FMI Toolbox for MATLAB/Simulink that supports workflows in control system development and system integration for virtual prototyping.

Modelon AB (publ) Fundamentals Summary

How do Modelon's earnings and revenue compare to its market cap?
MODEL fundamental statistics
Market cap	SEK 222.20m
Earnings (TTM)	-SEK 58.80m
Revenue (TTM)	SEK 81.50m

2.7x

P/S Ratio

-3.8x

P/E Ratio

Is MODEL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MODEL income statement (TTM)
Revenue	SEK 81.50m
Cost of Revenue	SEK 91.27m
Gross Profit	-SEK 9.77m
Other Expenses	SEK 49.03m
Earnings	-SEK 58.80m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 21, 2025

Earnings per share (EPS)	-3.41
Gross Margin	-11.99%
Net Profit Margin	-72.16%
Debt/Equity Ratio	0%

How did MODEL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 10:07
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Modelon AB (publ) is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stefan Wård	Pareto Securities
Mark Siöstedt	Redeye
Jessica Grunewald	Redeye

Modelon OM:MODEL Stock Report