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SoftwareOne Holding Ltd. (CH:SWON)
:SWON
Switzerland Market
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SoftwareOne Holding Ltd. (SWON) AI Stock Analysis

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CH:SWON

SoftwareOne Holding Ltd.

(SWON)

Rating:62Neutral
Price Target:
CHF7.50
▲(10.29% Upside)
The overall stock score for SoftwareOne Holding Ltd. is primarily influenced by its stable financial performance and strong cost management, despite challenges in profitability. Technical indicators show neutral momentum, while valuation is impacted by a negative P/E ratio, offset by a high dividend yield.
Positive Factors
Financial Performance
Adjusted EBITDA came in at CHF 62.3m (c. 25% margin), in line with street expectations.
Future Guidance
The midpoint of FY25 adj. EBITDA guide of 24-26% is >200bps higher than consensus, implying a 12% street upgrade.
Revenue Growth
Software and Cloud Services revenue grew ~7% ex-FX in 4Q, slightly above street and MSe by 3%/2%.
Negative Factors
Geographic Performance
All geographies except APAC saw declines in Q4 with North America being the weakest.
Management Changes
CFO, Rodolfo Savitzky, to step down in 2Q25, with a successor expected to be announced in the coming weeks.
Revenue Decline
4Q revenue declined by c. -5% y/y ex-FX, leading to revenue of CHF 250.3m, a 5% / 7% miss vs street / MSe.

SoftwareOne Holding Ltd. (SWON) vs. iShares MSCI Switzerland ETF (EWL)

SoftwareOne Holding Ltd. Business Overview & Revenue Model

Company DescriptionSoftwareONE Holding AG offers software and cloud technology solutions in Switzerland and internationally. The company provides Pyracloud, a proprietary digital hub that allows to transact, manage, and optimize their entire spend using a data-driven, actionable platform. It also offers managed backup; managed security services, which protects business from security threats; and software lifecycle management, a combination of digitized procurement and software asset management which offers professional services, diagnostic platform, cloud cost optimization, and SaaS management. In addition, the company offers simple services, including BackupSimple, secure backup as a service from on-premises to the cloud; Simple for Amazon Web Services(AWS), service offering to help you maximize the value of AWS; AzureSimple, simplify and accelerate Azure cloud deployment; and SAMSimple, optimize management for high-risk software publishers, as well as 365Simple solution. Further, it also provides user productivity solutions, which include digital workspace, security and threat protection, data and analytics, and unified communications and collaboration, as well as adoption and change management, cloud financial management, software digital supply chain, publisher advisory, SAP, unified communications, and unified support services. The company serves education; architecture, engineering, and construction; finance; healthcare; nonprofit; and state and local government industries. SoftwareONE Holding AG was founded in 2000 and is headquartered in Stans, Switzerland.
How the Company Makes MoneySoftwareOne generates revenue primarily through its software and cloud technology solutions. The company earns money by providing software licensing and procurement services, helping organizations select and manage the right software products and licenses to meet their needs. Additionally, SoftwareOne offers cloud technology and advisory services, assisting companies in migrating to and optimizing cloud environments. Managed services, where SoftwareOne takes on the management of a client's software and IT infrastructure, also contribute significantly to its revenue. Key partnerships with major software vendors like Microsoft, AWS, and others enhance its offerings and revenue potential by allowing SoftwareOne to resell and integrate these vendors' products into its solutions.

SoftwareOne Holding Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.02B1.01B975.83M914.28M832.40M
Gross Profit975.20M971.85M932.60M851.64M729.62M
EBITDA116.02M161.72M166.60M156.91M198.91M
Net Income-1.51M21.42M-58.28M117.63M176.84M
Balance Sheet
Total Assets4.31B3.78B3.45B3.38B3.13B
Cash, Cash Equivalents and Short-Term Investments333.65M311.12M392.98M587.03M592.63M
Total Debt40.40M33.12M38.25M39.21M51.32M
Total Liabilities3.72B3.14B2.71B2.52B2.35B
Stockholders Equity582.52M640.09M738.99M857.26M776.45M
Cash Flow
Free Cash Flow25.32M20.05M43.80M124.76M253.45M
Operating Cash Flow34.69M77.28M91.07M158.05M276.27M
Investing Cash Flow-72.68M-89.69M-11.79M-144.90M-64.22M
Financing Cash Flow39.18M-35.53M-97.44M-94.93M-79.20M

SoftwareOne Holding Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price6.80
Price Trends
50DMA
7.12
Negative
100DMA
6.64
Positive
200DMA
6.41
Positive
Market Momentum
MACD
-0.12
Negative
RSI
53.61
Neutral
STOCH
85.34
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:SWON, the sentiment is Positive. The current price of 6.8 is above the 20-day moving average (MA) of 6.54, below the 50-day MA of 7.12, and above the 200-day MA of 6.41, indicating a neutral trend. The MACD of -0.12 indicates Negative momentum. The RSI at 53.61 is Neutral, neither overbought nor oversold. The STOCH value of 85.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:SWON.

SoftwareOne Holding Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
CHF1.48B
4.41%0.62%-107.20%
57
Neutral
HK$14.66B10.33-0.76%4.28%7.00%-31.51%
$6.12B24.7841.83%1.72%
75
Outperform
CHF2.31B25.65
2.15%-0.84%-8.41%
$1.20B-9.68%
CHF1.98B26.8811.64%1.76%
$1.26B-20.37%1.00%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CH:SWON
SoftwareOne Holding Ltd.
6.80
-8.28
-54.91%
TMNSF
Temenos
89.50
21.56
31.73%
CH:IFCN
INFICON Holding AG
97.60
-18.20
-15.72%
AUKUF
ams-OSRAM
12.22
0.25
2.09%
GB:0QNH
HUBER+SUHNER AG
108.20
25.65
31.07%
UBLXF
u-blox Holding AG
170.28
78.59
85.71%

SoftwareOne Holding Ltd. Corporate Events

SoftwareOne Completes Full Acquisition of Crayon
Jul 2, 2025

SoftwareOne Holding AG has completed the compulsory acquisition of the remaining shares of Crayon, achieving full ownership of the company. This strategic move allows SoftwareOne to delist Crayon shares from the Euronext Oslo Børs, potentially enhancing its market position and operational capabilities in the software and cloud solutions industry.

The most recent analyst rating on (CH:SWON) stock is a Hold with a CHF8.90 price target. To see the full list of analyst forecasts on SoftwareOne Holding Ltd. stock, see the CH:SWON Stock Forecast page.

SoftwareOne Completes Acquisition of Crayon, Expanding Global Reach
Jul 2, 2025

SoftwareOne has successfully completed its acquisition of Crayon, merging two prominent global software and cloud solution providers. This strategic move, marked by a secondary listing on Euronext Oslo Børs, positions the combined entity to offer expanded services and achieve significant cost synergies, while maintaining a strong market presence and delivering enhanced value to customers and stakeholders.

The most recent analyst rating on (CH:SWON) stock is a Hold with a CHF8.90 price target. To see the full list of analyst forecasts on SoftwareOne Holding Ltd. stock, see the CH:SWON Stock Forecast page.

SoftwareOne Expands Stake in Crayon, Plans Delisting
Jun 27, 2025

SoftwareOne Holding AG has terminated its Total Return Swap agreement and received 4,578,588 Crayon shares, increasing its stake to approximately 6.99% of Crayon’s shares. Following a voluntary takeover offer, SoftwareOne will hold 91.77% of Crayon’s shares and plans a compulsory acquisition of the remaining shares, followed by delisting Crayon from Euronext Oslo Børs, significantly impacting its market positioning and stakeholder interests.

The most recent analyst rating on (CH:SWON) stock is a Hold with a CHF8.90 price target. To see the full list of analyst forecasts on SoftwareOne Holding Ltd. stock, see the CH:SWON Stock Forecast page.

SoftwareOne Set to Finalize Crayon Acquisition by July 2025
Jun 10, 2025

SoftwareOne Holding AG has announced the completion of all conditions for acquiring Crayon, with the transaction expected to finalize by July 2, 2025. This acquisition will see the integration of management teams, with Raphael Erb and Melissa Mulholland serving as Co-CEOs. The transaction will lead to a compulsory acquisition of remaining Crayon shares and delisting from the stock exchange, positioning SoftwareOne to enhance its market presence and operational capabilities.

The most recent analyst rating on (CH:SWON) stock is a Hold with a CHF8.90 price target. To see the full list of analyst forecasts on SoftwareOne Holding Ltd. stock, see the CH:SWON Stock Forecast page.

SoftwareOne Sees Margin Growth Amid Revenue Dip in Q1 2025
May 21, 2025

SoftwareOne Holding AG reported a revenue decline of 6.0% in the first quarter of 2025, attributed to challenges in the NORAM region and changes in Microsoft incentives. Despite this, the company achieved a margin improvement due to a successful cost reduction program, which exceeded its savings target. The company is optimistic about a turnaround in the second half of the year, supported by the acquisition of Crayon and expected improvements in the NORAM region.

The most recent analyst rating on (CH:SWON) stock is a Hold with a CHF8.90 price target. To see the full list of analyst forecasts on SoftwareOne Holding Ltd. stock, see the CH:SWON Stock Forecast page.

SoftwareOne Elects New Chairman Amid Strategic Merger
May 16, 2025

SoftwareOne Holding AG has elected Till Spillmann as the new Chairman of the Board during its 2025 General Meeting, succeeding Daniel von Stockar. This leadership change coincides with the company’s strategic merger with Crayon, positioning SoftwareOne to become a global market leader in software, cloud, data, and AI. The shareholders approved all board proposals, including a dividend distribution, marking a new phase in the company’s growth and development.

The most recent analyst rating on (CH:SWON) stock is a Hold with a CHF8.90 price target. To see the full list of analyst forecasts on SoftwareOne Holding Ltd. stock, see the CH:SWON Stock Forecast page.

SoftwareOne Appoints New CFO to Drive Growth and Integration
May 9, 2025

SoftwareOne has appointed Hanspeter Schraner as the new Group Chief Financial Officer, effective June 1, 2025. Schraner, with over 20 years of international financial leadership experience, is expected to play a key role in the company’s growth strategy and integration efforts with Crayon, enhancing SoftwareOne’s market position and operational capabilities.

SoftwareOne Secures Majority Stake in Crayon with Successful Offer
May 7, 2025

SoftwareOne Holding AG announced that it has secured 91.6% of Crayon’s share capital following the expiration of its voluntary purchase and exchange offer. The transaction, which involves a cash and share exchange, is subject to regulatory approvals and is expected to be completed by June 2025. This acquisition will enhance SoftwareOne’s market position by integrating Crayon’s expertise in IT optimization and innovation, potentially leading to cost synergies and expanded service offerings for stakeholders.

SoftwareOne Secures Majority Stake in Crayon, Plans Dual Listing
May 6, 2025

SoftwareOne Holding AG announced that it has secured over 90% of Crayon’s share capital by the end of the offer period for its voluntary purchase and exchange offer. This acquisition is expected to create strategic and financial value for shareholders, with the transaction completion anticipated in June 2025, pending regulatory approvals. The dual listing of SoftwareOne shares on the Oslo Stock Exchange is also progressing, with an application expected to be submitted soon.

SoftwareOne Concludes Acquisition Offer for Crayon
May 6, 2025

SoftwareOne Holding AG has announced the conclusion of its voluntary purchase and exchange offer for Crayon, which ends on May 6, 2025. The offer, which includes a cash component and new SoftwareOne shares, will not be extended further. The acquisition aims to enhance SoftwareOne’s market position by integrating Crayon’s expertise in IT optimization and innovation, potentially impacting stakeholders by expanding the company’s service offerings and market reach.

SoftwareOne’s Acquisition Offer for Crayon Nears Conclusion
May 5, 2025

SoftwareOne Holding AG is nearing the conclusion of its voluntary purchase and exchange offer to acquire all outstanding shares of Crayon, with the offer period ending on May 6, 2025. The acquisition, priced at NOK 69 in cash and 0.8233 new SoftwareOne shares per Crayon share, is a strategic move to enhance SoftwareOne’s market position in IT optimization and cloud solutions. The offer, which will not be extended further, is subject to certain conditions and regulatory approvals, indicating a significant step in SoftwareOne’s expansion strategy.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 22, 2025