Tillkännagivande • Apr 27
adesso SE, Annual General Meeting, Jun 03, 2026 adesso SE, Annual General Meeting, Jun 03, 2026, at 10:00 W. Europe Standard Time. Tillkännagivande • Mar 03
adesso SE announces Annual dividend, payable on June 08, 2026 adesso SE announced Annual dividend of EUR 0.7800 per share payable on June 08, 2026, ex-date on June 04, 2026 and record date on June 05, 2026. Tillkännagivande • Apr 24
adesso SE, Annual General Meeting, Jun 03, 2025 adesso SE, Annual General Meeting, Jun 03, 2025, at 10:00 W. Europe Standard Time. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: €1.67 (vs €0.85 in 3Q 2023) Third quarter 2024 results: EPS: €1.67 (up from €0.85 in 3Q 2023). Revenue: €343.6m (up 19% from 3Q 2023). Net income: €10.9m (up 96% from 3Q 2023). Profit margin: 3.2% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. New Risk • Sep 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Buy Or Sell Opportunity • Sep 14
Now 24% overvalued Over the last 90 days, the stock has fallen 37% to €60.00. The fair value is estimated to be €48.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 15
Second quarter 2024 earnings released: €1.02 loss per share (vs €1.18 loss in 2Q 2023) Second quarter 2024 results: €1.02 loss per share (improved from €1.18 loss in 2Q 2023). Revenue: €323.4m (up 19% from 2Q 2023). Net loss: €6.66m (loss narrowed 13% from 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. New Risk • Aug 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Buy Or Sell Opportunity • Aug 05
Now 31% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to €74.90. The fair value is estimated to be €108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Jun 18
Price target decreased by 7.4% to €162 Down from €175, the current price target is an average from 5 analysts. New target price is 68% above last closing price of €96.40. Stock is down 21% over the past year. The company is forecast to post earnings per share of €3.81 for next year compared to €0.49 last year. Upcoming Dividend • May 29
Upcoming dividend of €0.70 per share Eligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.2%). New Risk • May 23
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • May 13
First quarter 2024 earnings released: €0.49 loss per share (vs €0.28 profit in 1Q 2023) First quarter 2024 results: €0.49 loss per share (down from €0.28 profit in 1Q 2023). Revenue: €324.8m (up 17% from 1Q 2023). Net loss: €3.20m (down 278% from profit in 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. New Risk • May 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Mar 26
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: €0.49 (down from €4.40 in FY 2022). Revenue: €1.15b (up 28% from FY 2022). Net income: €3.21m (down 89% from FY 2022). Profit margin: 0.3% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.9%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Declared Dividend • Feb 26
Dividend increased to €0.70 Dividend of €0.70 is 7.7% higher than last year. Ex-date: 5th June 2024 Payment date: 7th June 2024 Dividend yield will be 0.7%, which is lower than the industry average of 2.1%. Tillkännagivande • Nov 19
adesso SE to Report Fiscal Year 2023 Results on Mar 25, 2024 adesso SE announced that they will report fiscal year 2023 results on Mar 25, 2024 Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: €0.85 (vs €2.01 in 3Q 2022) Third quarter 2023 results: EPS: €0.85 (down from €2.01 in 3Q 2022). Revenue: €296.3m (up 23% from 3Q 2022). Net income: €5.57m (down 58% from 3Q 2022). Profit margin: 1.9% (down from 5.4% in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Aug 16
Second quarter 2023 earnings released: €1.18 loss per share (vs €0.29 loss in 2Q 2022) Second quarter 2023 results: €1.18 loss per share (further deteriorated from €0.29 loss in 2Q 2022). Revenue: €276.5m (up 36% from 2Q 2022). Net loss: €7.69m (loss widened 307% from 2Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Buying Opportunity • Aug 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be €133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 4.2%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 27% per annum over the same time period. Tillkännagivande • Jun 20
adesso SE Announces Board Changes The Supervisory Board of adesso SE has appointed Mark Lohweber (54) as an additional member to the IT service provider's Executive Board as of 1 July 2023. Lohweber will take over responsibility for the core industries insurance and banking from long-time CEO Michael Kenfenheuer (65), who will step down from the adesso Executive Board after completing his Executive Board contract, which was extended to cover the period from 2022 to the end of 2023. The 54-year-old worked for adesso from 2007 to 2021, holding various management positions and helping drive the company's strong growth. His main areas of expertise are financial services, digitalisation and sales. He is familiar with the challenges facing growth-oriented companies and the tasks ahead of the banking and insurance industries, for which he will be responsible. Lohweber has spent the past two years as CEO of CoCoNet AG, a leading European fintech, where he was in charge of the firm's strategic realignment. In his new role as a member of the adesso SE Executive Board, Lohweber will also oversee key product companies in the adesso Group, including the product subsidiary adesso insurance solutions GmbH and adesso banking solutions GmbH, as well as corporate account management at adesso SE. Buying Opportunity • May 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be €145, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 4.2%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 26% per annum over the same time period. Upcoming Dividend • May 26
Upcoming dividend of €0.65 per share at 0.5% yield Eligible shareholders must have bought the stock before 02 June 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.3%). Reported Earnings • May 21
First quarter 2023 earnings released: EPS: €0.28 (vs €1.92 in 1Q 2022) First quarter 2023 results: EPS: €0.28 (down from €1.92 in 1Q 2022). Revenue: €280.0m (up 33% from 1Q 2022). Net income: €1.79m (down 86% from 1Q 2022). Profit margin: 0.6% (down from 5.9% in 1Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • May 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 20% per annum over the same time period. Tillkännagivande • Feb 17
adesso SE (XTRA:ADN1) signed an agreement to acquire 51% stake in Wepex GmbH. adesso SE (XTRA:ADN1) signed an agreement to acquire 51% stake in Wepex GmbH on February 16, 2023. WEPEX GmbH’s current managing partners, Arno Radermacher, Frank Thole and Oliver Schlicht, will continue in their roles and work with adesso. The 30 securities experts at WEPEX will now join the banking segment of the adesso Group. Wepex GmbH generated revenue of 5 million in 2022. The transaction is expected to close in the first quarter of 2023. Tillkännagivande • Jan 20
adesso SE (XTRA:ADN1) acquired WebScience Srl. adesso SE (XTRA:ADN1) acquired WebScience Srl on January 19, 2023. WebScience recorded sales of €10 million past year. The management of WebScience, comprising the company founders Stefano Mainetti, Francesco Micotti and Massimo Ficagna, will take over the management of adesso Italia in the future. Andrea Buzzi, previously Country Manager at adesso Italia and Lugano Site Manager in Switzerland, will become a member of the Management Board of adesso Italia as a representative of the parent company. In this function, Buzzi will oversee the integration of WebScience respectively the still young adesso Italia into the Europe-wide adesso Group. WebScience’s presence in Milan at Viale Edoardo Jenner 51 will be made into the new headquarter for adesso Italia.adesso SE (XTRA:ADN1) completed the acquisition of WebScience Srl on January 19, 2023. Antonio Scarabosio and Andrea Bianchini of Clairfield International acted as financial advisor to adesso SE in the transaction. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €2.01 (vs €1.86 in 3Q 2021) Third quarter 2022 results: EPS: €2.01 (up from €1.86 in 3Q 2021). Revenue: €259.9m (up 50% from 3Q 2021). Net income: €13.1m (up 14% from 3Q 2021). Profit margin: 5.1% (down from 6.6% in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Nov 16
Price target decreased to €203 Down from €224, the current price target is an average from 4 analysts. New target price is 56% above last closing price of €130. Stock is down 31% over the past year. The company is forecast to post earnings per share of €5.09 for next year compared to €7.65 last year. Price Target Changed • Aug 20
Price target decreased to €208 Down from €224, the current price target is an average from 4 analysts. New target price is 58% above last closing price of €131. Stock is down 22% over the past year. The company is forecast to post earnings per share of €5.07 for next year compared to €7.65 last year. Reported Earnings • Aug 17
Second quarter 2022 earnings released: €0.29 loss per share (vs €1.12 profit in 2Q 2021) Second quarter 2022 results: €0.29 loss per share (down from €1.12 profit in 2Q 2021). Revenue: €202.6m (up 27% from 2Q 2021). Net loss: €1.89m (down 127% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 15% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €150, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the IT industry in Germany. Total returns to shareholders of 190% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €204 per share. Upcoming Dividend • May 25
Upcoming dividend of €0.60 per share Eligible shareholders must have bought the stock before 01 June 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (1.4%). Reported Earnings • May 17
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: €1.92 (down from €3.78 in 1Q 2021). Revenue: €210.0m (up 29% from 1Q 2021). Net income: €12.5m (down 47% from 1Q 2021). Profit margin: 5.9% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 12%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Apr 01
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 9.2%. The fair value is estimated to be €244, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 49%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 9.9% per annum over the same time period. Reported Earnings • Mar 30
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: €7.65 (up from €3.39 in FY 2020). Revenue: €707.4m (up 35% from FY 2020). Net income: €47.9m (up 128% from FY 2020). Profit margin: 6.8% (up from 4.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 9.9%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Mar 05
Now 21% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be €247, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has grown by 46% per annum over the last 3 years. Tillkännagivande • Feb 24
adesso SE acquired additional 23.4% minority stake in Material.One AG. adesso SE acquired additional 23.4% minority stake in Material.One AG on February 22, 2022. adesso have now become a majority owner in the company.
adesso SE completed the acquisition of additional 23.4% minority stake in Material.One AG on February 22, 2022. Tillkännagivande • Feb 12
adesso SE Revises Earnings Guidance for the Full Year of 2021 adesso SE revised earnings guidance for the full year of 2021. For the year, the company expects sales to be exceeded compared to previous guidance of more than EUR 630 million. Reported Earnings • Nov 16
Third quarter 2021 earnings released: EPS €1.86 (vs €1.25 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €197.6m (up 43% from 3Q 2020). Net income: €11.5m (up 49% from 3Q 2020). Profit margin: 5.8% (up from 5.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 51% per year. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 16% share price gain to €205, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 30x in the IT industry in Germany. Total returns to shareholders of 259% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €175 per share. Reported Earnings • Sep 01
First half 2021 earnings released: EPS €4.90 (vs €0.89 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €322.4m (up 31% from 1H 2020). Net income: €30.3m (up 451% from 1H 2020). Profit margin: 9.4% (up from 2.2% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 43% per year. Price Target Changed • Jul 22
Price target increased to €157 Up from €139, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €153. Stock is up 161% over the past year. Price Target Changed • Jun 01
Price target increased to €144 Up from €131, the current price target is an average from 2 analysts. New target price is 8.5% above last closing price of €132. Stock is up 120% over the past year. Upcoming Dividend • May 21
Upcoming dividend of €0.52 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 01 June 2021. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.2%). Price Target Changed • May 17
Price target increased to €134 Up from €123, the current price target is provided by 1 analyst. New target price is 14% above last closing price of €117. Stock is up 113% over the past year. Tillkännagivande • Apr 01
adesso SE Provides Earnings Guidance for the Full Year 2021 adesso SE provides earnings guidance for the full year 2021. The company announced that based on previous experiences and the resilience of its business, adesso is planning for robust growth in 2021 irrespective of the sale of e-Spirit AG and in spite of the prospect of a stricter lockdown in Germany from mid-March. The solid start adesso has made to 2021 gives cause for optimism. On this basis, sales revenues are expected to rise to at least EUR 600 million in 2021. Tillkännagivande • Mar 21
CrownPeak Technology, Inc. entered into a definitive agreement to acquire E-Spirit Ag from adesso SE (XTRA:ADN1). CrownPeak Technology, Inc. entered into a definitive agreement to acquire E-Spirit Ag from adesso SE (XTRA:ADN1) on March 19, 2021. The combination of Crownpeak and e-Spirit will create the most agile digital experience platform for brands. Andreas Knoor, chief product officer at e-Spirit Joining forces with Crownpeak. Tillkännagivande • Mar 04
adesso Subsidiary Signs Contract with Pensionskasse der Mitarbeiter der Hoechst-Gruppe to Overhaul Entire Application Environment on the Basis of In|Sure Products adesso subsidiary signs contract with Pensionskasse der Mitarbeiter der Hoechst-Gruppe to overhaul entire application environment on the basis of in|sure products. Pensionskasse der Mitarbeiter der Hoechst-Gruppe VVaG, has decided to overhaul its entire application environment on the basis of products from adesso insurance solutions GmbH. Contracts to this effect were signed in late February. The aim of the project, which starts in early March, is to keep the system environment and the processes viable for the future in the long term and to leverage the additional strategic potential offered by the product portfolio and digitalisation. To this end, the existing inventory management system, which was largely developed specifically for the customer on the basis of SAP R/3 HR, will be replaced with modules of the in|sure standard software. As part of the project, adesso insurance solutions will expand the already broad product portfolio for pension funds to include a billing system for pension scheme payments. In doing so, adesso insurance solutions will fill a niche in the market, as there are no satisfactory products currently available for the billing and payment of pension commitments. The new module, in|sure Pen Pay, will therefore not only make it possible to oversee pension funds and determine tax and social security levies on payments, but will also provide the information and details of transfer files for banking software, for billing payment recipients and for generating reports for fiscal authorities, health insurance providers and Zulagenstelle f-r Altersverm-gen (ZfA), the federal German agency responsible for private pensions. Is New 90 Day High Low • Jan 27
New 90-day high: €114 The company is up 82% from its price of €62.80 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €127 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €108 The company is up 48% from its price of €72.40 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €131 per share. Tillkännagivande • Nov 27
adesso SE (XTRA:ADN1) acquired 51% stake in LeanNet Ltd. adesso SE (XTRA:ADN1) acquired 51% stake in LeanNet Ltd. on November 25, 2020.
adesso SE (XTRA:ADN1) completed the acquisition of 51% stake in LeanNet Ltd. on November 25, 2020. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 16% share price gain to €92.80, the stock is trading at a trailing P/E ratio of 29.2x, up from the previous P/E ratio of 25.2x. This compares to an average P/E of 28x in the IT industry in Germany. Total returns to shareholders over the past three years are 76%. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 19% share price gain to €88.20, the stock is trading at a trailing P/E ratio of 28.9x, up from the previous P/E ratio of 24.3x. This compares to an average P/E of 28x in the IT industry in Germany. Total returns to shareholders over the past three years are 73%. Price Target Changed • Nov 17
Price target raised to €96.00 Up from €85.50, the current price target is an average from 2 analysts. The new target price is 20% above the current share price of €80.00. As of last close, the stock is up 58% over the past year. Is New 90 Day High Low • Nov 07
New 90-day high: €76.20 The company is up 25% from its price of €61.00 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €90.05 per share. Tillkännagivande • Nov 06
adesso SE (XTRA:ADN1) acquired an unknown majority stake in Blue4IT, Codesquad and Bluefront from Blue Group IT B.V. adesso SE (XTRA:ADN1) acquired an unknown majority stake in Blue4IT, Codesquad and Bluefront from Blue Group IT B.V on November 4, 2020. The managing directors of Blue4IT, Codesquad and Bluefront will remain involved with a minority interest of together under six percent and will remain part of the company's operations. The transaction increases adesso’s number of employees working in the Netherlands by 43. Fredrik Jonker of Marktlink Fusies & Overnames B.V. acted as Financial advisor to adesso Se in transaction.
adesso SE (XTRA:ADN1) completed the acquisition of an unknown majority stake in Blue4IT, Codesquad and Bluefront from Blue Group IT B.V on November 4, 2020 Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 17% share price gain to €75.80, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 25x in the IT industry in Germany. Total returns to shareholders over the past three years are 53%.