Financials Fabasoft AG

Equities

Market Closed - Xetra Other stock markets 09:05:38 26/04/2024 pm IST			5-day change	1st Jan Change
20.5 ^EUR	+1.99%		+1.99%	+7.89%

09/02	Fabasoft AG Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI
2023	Fabasoft AG Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	CI

Fiscal Period: März	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	174.8	252	444.4	240.9	195.6	223.8	-	-
Enterprise Value (EV) ¹	141.6	216.9	396	205.1	169	197.1	191.6	184.7
P/E ratio	29.6 x	32.6 x	50.5 x	32.2 x	31.2 x	26.5 x	24.8 x	22 x
Yield	3.07%	2.77%	2.1%	3.42%	1.69%	1.22%	1.34%	1.22%
Capitalization / Revenue	4.34 x	4.94 x	8.07 x	4.13 x	2.83 x	2.74 x	2.41 x	2.15 x
EV / Revenue	3.52 x	4.25 x	7.19 x	3.52 x	2.44 x	2.41 x	2.07 x	1.77 x
EV / EBITDA	12.3 x	12.9 x	20.3 x	11.6 x	10.1 x	9.21 x	8 x	6.88 x
EV / FCF	18.2 x	22.3 x	24 x	20.7 x	58.8 x	47.3 x	22.3 x	17.6 x
FCF Yield	5.48%	4.49%	4.16%	4.83%	1.7%	2.11%	4.49%	5.68%
Price to Book	6.67 x	8.85 x	12 x	9.49 x	8.15 x	9.32 x	9.32 x	8.91 x
Nbr of stocks (in thousands)	10,723	10,723	11,000	11,000	11,000	10,919	-	-
Reference price ²	16.30	23.50	40.40	21.90	17.78	20.50	20.50	20.50
Announcement Date	04/06/19	03/06/20	09/06/21	08/06/22	07/06/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: März	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	40.28	51.06	55.09	58.27	69.23	81.76	92.78	104.1
EBITDA ¹	11.5	16.78	19.55	17.65	16.76	21.4	23.95	26.85
EBIT ¹	8.918	11.71	13.89	11.53	9.987	13.64	14.48	16.34
Operating Margin	22.14%	22.93%	25.21%	19.79%	14.43%	16.68%	15.61%	15.7%
Earnings before Tax (EBT) ¹	8.939	11.66	13.78	11.25	9.843	13.4	14.4	16.25
Net income ¹	5.886	7.708	8.818	7.425	6.29	9.25	10.1	11.4
Net margin	14.61%	15.1%	16.01%	12.74%	9.09%	11.31%	10.89%	10.95%
EPS ²	0.5500	0.7200	0.8000	0.6800	0.5700	0.7750	0.8250	0.9300
Free Cash Flow ¹	7.761	9.731	16.48	9.905	2.876	4.165	8.6	10.5
FCF margin	19.27%	19.06%	29.92%	17%	4.15%	5.09%	9.27%	10.09%
FCF Conversion (EBITDA)	67.5%	57.99%	84.31%	56.13%	17.17%	19.46%	35.91%	39.11%
FCF Conversion (Net income)	131.86%	126.25%	186.95%	133.4%	45.72%	45.03%	85.15%	92.11%
Dividend per Share ²	0.5000	0.6500	0.8500	0.7500	0.3000	0.2500	0.2750	0.2500
Announcement Date	04/06/19	03/06/20	09/06/21	08/06/22	07/06/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: März	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	33.2	35.1	48.4	35.8	26.6	26.8	32.2	39.1
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	7.76	9.73	16.5	9.91	2.88	4.17	8.6	10.5
ROE (net income / shareholders' equity)	23.7%	27.5%	26.6%	23.8%	25.5%	33.5%	37%	39.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	2.440	2.660	3.360	2.310	2.180	2.200	2.200	2.300
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	3.84	4.38	4.53	6.75	4.15	9.6	8.1	8.35
Capex / Sales	9.52%	8.57%	8.22%	11.58%	5.99%	11.74%	8.73%	8.02%
Announcement Date	04/06/19	03/06/20	09/06/21	08/06/22	07/06/23	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

20.5 EUR

Average target price

34.25 EUR

Spread / Average Target

+67.07%

	1st Jan change	Capi.
FABASOFT AG	+7.89%	239M
MICROSOFT CORPORATION	+8.05%	3,020B
SYNOPSYS INC.	+5.58%	82.93B
CADENCE DESIGN SYSTEMS, INC.	+3.69%	76.85B
DASSAULT SYSTÈMES SE	-14.62%	53.04B
PALANTIR TECHNOLOGIES INC.	+31.16%	50.15B
ATLASSIAN CORPORATION	-24.56%	46.55B
THE TRADE DESK, INC.	+17.75%	41.41B
SEA LIMITED	+55.21%	35.63B
TAKE-TWO INTERACTIVE SOFTWARE, INC.	-10.24%	24.64B