Company Valuation: ATOSS Software SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,726 1,107 1,662 1,816 1,836 1,320 - -
Change - -35.85% 50.14% 9.28% 1.05% -28.08% - -
Enterprise Value (EV) 1 1,716 1,080 1,606 1,740 1,751 1,207 1,188 1,168
Change - -37.05% 48.7% 8.34% 0.62% -31.08% -1.53% -1.69%
P/E 89.3x 57x 46.4x 39.9x 38x 25.3x 21.9x 19.1x
PBR 43.6x 23.2x 26.9x 22.7x 18.9x 11.5x 9.65x 8.27x
PEG - 138.51x 0.5x 1.5x 6.04x 3.21x 1.4x 1.3x
Capitalization / Revenue 17.8x 9.72x 11x 10.6x 9.7x 6.18x 5.43x 4.8x
EV / Revenue 17.7x 9.48x 10.6x 10.2x 9.25x 5.65x 4.89x 4.25x
EV / EBITDA 54.7x 31.1x 28.8x 25.7x 24x 15.2x 13x 11.2x
EV / EBIT 63x 35.1x 31x 27.4x 25.7x 16.2x 13.8x 11.8x
EV / FCF 68.1x 42.8x 31.6x 29.7x 37.9x 22.4x 18.9x 16.2x
FCF Yield 1.47% 2.34% 3.16% 3.36% 2.64% 4.47% 5.28% 6.17%
Dividend per Share 2 0.91 0.91 0.915 1.69 2.13 2.367 2.759 3.178
Rate of return 0.84% 1.31% 0.88% 1.48% 1.85% 2.85% 3.32% 3.83%
EPS 2 1.215 1.22 2.25 2.86 3.04 3.28 3.795 4.354
Distribution rate 74.9% 74.6% 40.7% 59.1% 70.1% 72.2% 72.7% 73%
Net sales 1 97.07 113.9 151.2 170.6 189.3 213.6 243 275.2
EBITDA 1 31.35 34.71 55.86 67.83 72.88 79.45 91.25 104.6
EBIT 1 27.24 30.8 51.82 63.43 68.13 74.47 86.15 99.31
Net income 1 19.34 19.38 35.77 45.45 48.37 52.11 60.1 69.39
Net Debt 1 -9.799 -26.76 -55.78 -76.08 -84.39 -113.3 -131.8 -151.9
Reference price 2 108.50 69.60 104.50 114.20 115.40 83.00 83.00 83.00
Nbr of stocks (in thousands) 15,906 15,906 15,906 15,906 15,906 15,906 - -
Announcement Date 3/14/22 1/31/23 3/8/24 3/10/25 1/30/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.27x9.71x15.87x0.75% 3,843B
121.59x53.78x87.57x-.--% 454B
21.42x6.06x10.62x1.4% 431B
255.85x22.84x66.87x-.--% 330B
2700.4x45.28x148.08x-.--% 277B
26.03x5.22x16.46x1.46% 239B
86.99x8.45x22.61x-.--% 139B
58.52x15.77x41.53x-.--% 133B
495.26x21.25x83.97x-.--% 99.54B
Average 421.37x 20.93x 54.84x 0.4% 660.56B
Weighted average by Cap. 180.55x 15.31x 31.85x 0.65%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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