Added to YB: 2026-05-27
Pitch date: 2026-03-25
SWON.SW [bullish]
SoftwareOne Holding AG
+26.64%
current return
Author Info
No bio for this author
Company Info
SoftwareOne Holding AG, together with its subsidiaries, provides software and cloud solutions in Germany, Austria, Switzerland, Middle East and Africa, Northern Europe, Central and Eastern Europe, the United States of America, Canada, Latin America, and Asia Pacific.
Market Cap
CHF 1.8B
Pitch Price
CHF 6.64
Price Target
12.00 (+45%)
Dividend
1.81%
EV/EBITDA
10.88
P/E
1.7K
EV/Sales
1.16
Sector
Electronic Equipment, Instruments and Components
Category
value
SoftwareOne Holding AG - $SWON.SW
SWON.SW: Microsoft's largest channel partner (10% billings) at 5x '26 EBITDA, 3.8x '27. Q4 +11% CC growth vs est +3-4% despite EA headwinds now past. Crayon merger unlocks 100M CHF cost synergies (30M done, 50M more in '26) + 150M cross-sell oppty. Revenue mix improving: CSP growing 58% YoY, indirect/channel +high teens at 70% margins. AI beneficiary w/ hyperscaler partnerships & complexity = higher SAM/ITAM demand. CEO/COO bought calls @ 9.5-12 CHF (40-100% upside). Comps @ 9-15x EBITDA; Bain bid 12x in '22.
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