tiprankstipranks
Advertisement
Advertisement

SYS-DAT: Buy Rating Backed by Resilient Recurring Revenues, Undemanding Valuation and Consolidation Upside

SYS-DAT: Buy Rating Backed by Resilient Recurring Revenues, Undemanding Valuation and Consolidation Upside

Sys-dat S.P.A. (SYS) has received a new Buy rating, initiated by Intesa Sanpaolo analyst, Gabriele Berti.

Meet Samuel – Your Personal Investing Prophet

Gabriele Berti has given his Buy rating due to a combination of factors tied to SYS-DAT’s business quality and valuation. He highlights the company’s strong positioning in vertical software for Italian enterprises, underpinned by mission-critical solutions, sticky customer relationships, and a high proportion of recurring or repeatable revenues that support resilient and visible cash flows.

He also notes that the shares trade at EV/EBITDA multiples he considers undemanding relative to SYS-DAT’s growth prospects, profitability, and role as an active consolidator in a fragmented domestic ICT market. In his view, the company’s proven track record in integrating acquisitions, combined with ongoing organic expansion, is not fully captured in current market pricing, creating scope for re-rating as execution continues and sector sentiment stabilises.

In another report released on March 19, Kepler Capital also maintained a Buy rating on the stock with a €6.00 price target.

SYS’s price has also changed moderately for the past six months – from EUR6.480 to EUR4.650, which is a -28.24% drop .

Disclaimer & DisclosureReport an Issue

1