Added to YB: 2025-06-25
Pitch date: 2025-06-23
SJJ.DE [bullish]
Serviceware SE
-4.42%
current return
Author Info
No bio for this author
Company Info
Serviceware SE provides a portfolio of software solutions for the digitalization and automation of service processes in Germany, Austria, Switzerland, and internationally.
Market Cap
EUR 169.6M
Pitch Price
EUR 16.95
Price Target
N/A
Dividend
N/A
EV/EBITDA
38.98
P/E
150.23
EV/Sales
1.28
Sector
Software
Category
growth
Undervalued, Founder-Led, and SaaS-Ready: The Case for Serviceware SE (SJJ.DE)
SJJ.DE: German SaaS specializing in Enterprise Service Management & IT Financial Mgmt. 30.5% SaaS growth to 75% of €115m revenue. €31.6m net cash position. AI integration since 2019 driving international wins (US food co, Fortune 500 Asian oil). Undervalued at 1.2x rev vs peers' 4-11x. FCF > EBIT (€8.7m FCF on €3.2m EBITDA in 2024).
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