Professional
Added to YB: 2024-02-26
Pitch date: 2024-01-15
TEMN.SW [bullish]
Temenos AG
-5.65%
current return
Author Info
No bio for this author
Company Info
Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial services institutions in North America, Europe, the Middle East and Africa, Latin America, and the Asia-Pacific.
Market Cap
CHF 5.6B
Pitch Price
CHF 73.77
Price Target
N/A
Dividend
2.18%
EV/EBITDA
20.58
P/E
19.70
EV/Sales
5.61
Sector
Software
Category
turnaround
Polen International Growth Added to Existing Position - Temenos
TEMN.SW: Swiss banking software giant faced challenges since 2020 - economy, management turnover, subscription shift. Now stabilizing with 80%+ subscription revs, new management, and accelerating growth & profitability. Volatility to decrease as transition matures. Position increased on positive developments.
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