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adesso AG (DE:ADN1)
XETRA:ADN1
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adesso AG
(XETRA:ADN1)
66Neutral
Positive Factors
Earnings Performance
The Q3 EBITDA came in at €38.9m, which is a 44% consensus beat.
Sales Growth
Sales grew 14.2% growth, contributing to the overall positive performance of the company.
Negative Factors
Cost Management
The cost of materials increased significantly by 27% due to the employment of external staff.
Margin Pressure
The Q1 EBITDA margin decreased to 5.0% from 5.6% in the previous year.
adesso AG (ADN1) vs. S&P 500 (SPY)
Market Cap
€614.40M
Dividend Yield0.74%
Average Volume (3M)6.62K
Price to Earnings (P/E)78.6
Beta (1Y)1.20
Revenue Growth13.30%
EPS GrowthN/A
CountryDE
Employees10,320
SectorTechnology
Sector Strength77
IndustryInformation Technology Services
Share Statistics
EPS (TTM)-0.54
Shares Outstanding6,522,272
10 Day Avg. Volume9,420
30 Day Avg. Volume6,620
Financial Highlights & Ratios
PEG Ratio-1.72
Price to Book (P/B)3.30
Price to Sales (P/S)0.00
P/FCF Ratio8.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€119.20Price Target Upside28.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
adesso AG Business Overview & Revenue Model
Company Descriptionadesso AG is a prominent IT service provider headquartered in Germany, specializing in consulting and software development. The company operates across various sectors including automotive, banking, healthcare, and insurance, among others. adesso AG’s core offerings include IT consultancy services, custom software development, and digital transformation solutions, which help clients optimize their business processes and enhance their digital capabilities.
How the Company Makes Moneyadesso AG generates revenue through a combination of consulting fees, project-based income, and software licensing. The company primarily earns money by providing IT consulting services and developing custom software solutions tailored to the needs of its clients across different industries. Additionally, adesso AG has strategic partnerships with technology vendors and platforms, which enable it to offer integrated solutions and drive further sales. The consultancy and development projects are often long-term engagements, contributing to a stable revenue stream. Moreover, as digital transformation continues to be a priority for businesses, adesso AG benefits from increased demand for its services, further supporting its financial performance.
adesso AG Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.22B | 1.14B | 900.25M | 678.32M | 523.38M | 449.70M | Gross Profit |
| 170.46M | 146.66M | 269.51M | 206.61M | 164.20M | 155.70M | EBIT |
| 73.47M | 15.49M | 45.90M | 50.01M | 37.61M | 25.54M | EBITDA |
| 84.40M | 82.43M | 93.32M | 102.99M | 60.48M | 48.33M | Net Income Common Stockholders |
| -758.00K | 3.21M | 28.60M | 47.50M | 20.95M | 17.42M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 13.47M | 103.01M | 93.79M | 111.47M | 56.06M | 46.35M | Total Assets |
| 72.50M | 785.99M | 655.57M | 555.71M | 372.15M | 320.76M | Total Debt |
| 6.52M | 285.52M | 219.56M | 197.57M | 129.82M | 130.12M | Net Debt |
| -6.86M | 184.75M | 128.67M | 87.65M | 74.77M | 83.77M | Total Liabilities |
| 38.26M | 578.21M | 440.38M | 363.88M | 269.27M | 228.28M | Stockholders Equity |
| 32.92M | 203.00M | 210.03M | 191.37M | 102.34M | 92.48M |
| Cash Flow | Free Cash Flow | ||||
| 88.09M | 42.52M | 12.12M | 29.55M | 54.16M | 10.89M | Operating Cash Flow |
| 121.00M | 76.86M | 36.07M | 47.91M | 64.96M | 22.34M | Investing Cash Flow |
| -43.92M | -50.78M | -43.50M | -25.87M | -28.47M | -15.41M | Financing Cash Flow |
| -62.85M | -15.89M | -10.98M | 33.02M | -27.53M | -6.52M |
adesso AG Technical Analysis
Neutral
92.90
Price Trends
95.66
Negative
92.76
Positive
83.38
Positive
Market Momentum
>-0.01
Positive
43.61
Neutral
6.88
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:ADN1, the sentiment is Neutral. The current price of 92.9 is below the 20-day moving average (MA) of 98.76, below the 50-day MA of 95.66, and above the 200-day MA of 83.38, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.61 is Neutral, neither overbought nor oversold. The STOCH value of 6.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:ADN1.
adesso AG Peers Comparison
Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Performance Comparison
DE:ADN1
adesso AG
92.90
-2.43
-2.55%
DE:BC8
Bechtle Aktiengesellschaft
38.88
-6.74
-14.77%
DE:EVT
Evotec
7.01
-2.53
-26.54%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.