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Planisware SAS (PLNW) Fair Value & Analysis

Technology · FR · Market cap €1.4B

PS Planisware SAS PLNW · PA
Price€24.50
Fair Value€21.32
Upside-13.0%
Quality78/100
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Healthy Growth
Highly profitable · 25.3% net margin
Low debt · generates free cash flow
1.74% dividend yield
Mixed vs. peers (8/14)
Wide moat 86/100
Evidence: High Range €16.92 – €26.19 Share as image

Fair value as of: Jul 15, 2026

From 26 valuation models · updated 25 days ago

Fair value updated Jul 15, 2026, revised from €12.58 to €21.32 (+69.5%) since Jun 24, 2026. Share price +19.8% over the past month.

A strong business, but screening 13% overvalued on our models.

What matters now

  • Our model range runs from €16.92 (bear) to €26.19 (bull), base €21.32. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 78/100 (high quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (2 years)

€29.82 €13.68 Fair Value €21.32 Apr 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

28‑month range €13.68 – €29.82 · fair‑value band €16.92 – €26.19 · the €24.50 price screens above the €21.32 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Planisware SAS (PLNW) currently trades at €24.50, while our model-based Fair Value estimate is €21.32, implying the stock looks roughly 13.0% overvalued today. The Quality Score stands at 78/100 (high quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Planisware SAS generated revenue of €198M at a net margin of 25.3%. Revenue grew 5.6% year over year. It earns a return on equity of 24.5%. The balance sheet holds a net cash position of €178M. Fundamentals as of Jul 15, 2026

Our scenario range runs from €16.92 (bear case) to €26.19 (bull case); at €24.50, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 5% below its 52-week high and 79% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at -13%, PLNW screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF €13.03 €21.10 €32.22 80
Residual Income €4.05 €5.25 €17.93 76
Rev-Margin DCF €9.78 €14.48 €20.99 74
All 26 models by family
DCF Models
FCF DCF €13.37 €20.94 €37.39 38
Owner Earnings €11.63 €19.10 €31.68 31
5Y Revenue Exit €9.78 €14.56 €21.09 39
5Y EBITDA Exit €10.56 €16.29 €23.64 41
5Y P/E Exit €13.09 €21.87 €32.41 38
10Y Revenue Exit €10.82 €15.77 €23.57 36
10Y EBITDA Exit €11.46 €16.97 €25.65 37
10Y P/E Exit €13.04 €20.86 €32.82 35
Earnings-Based
Graham-Dodd €4.91 €28.29 €39.34 54
Lynch FV €7.98 €11.39 €14.81 50
PEG = 1.0 €7.98 €11.39 €14.81 46
EPV €6.02 €6.45 €6.82 59
Dividend Discount
Gordon GGM €2.44 €4.40 €6.06 70
DDM Multi-Stage €2.44 €4.02 €4.71 61
Multiples
P/E Multiple €10.84 €14.45 €18.06 63
P/S Multiple €5.36 €7.15 €8.94 58
P/B Multiple €6.96 €9.28 €11.60 55
EV/EBIT €10.34 €12.84 €15.35 53
EV/EBITDA €9.49 €11.71 €13.93 54
EV/Revenue €7.84 €9.98 €12.13 43
Asset-Based
NCAV (Graham) €1.55 €2.07 €3.09 50
Growth DCF
Growth DCF €13.03 €21.10 €32.22 80
Rev-Margin DCF €9.78 €14.48 €20.99 74
Economic Profit
Residual Income €4.05 €5.25 €17.93 76
ROIC Compounder €6.17 €6.79 €7.41 72
Growth Earnings
Growth-Adj P/E €11.54 €16.49 €21.44 68

Widest divergence: DCF Models (€16.97) versus Asset-Based (€2.07). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) €198M
Revenue growth (YoY) +5.6%
Net margin 25.3%
Return on equity 24.5%
Free cash flow €63.1M FY2026
P/E ratio 27.6
More key figures
Operating margin 32.9%
EPS (TTM) €0.7100
Dividend yield 1.7%
EPS growth (YoY) +5.5%
Net cash €178M FY2026

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 78/100

Of which business quality 78 · Market factors (momentum, volatility) 72

Profitability 78
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 88
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 40
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 85
Distance to the 52-week high (market factor)
Net Issuance 79
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Planisware SAS operates as a business-to-business software-as-a-service provider in Europe, North America, the Asia-Pacific, and internationally.

Full company description

Planisware SAS operates as a business-to-business software-as-a-service provider in Europe, North America, the Asia-Pacific, and internationally. It offers Planisware Enterprise, an integrated solution that brings together budgets, forecasts, schedules, resources, and actuals; Planisware Orchestra, a turnkey cloud solution to quickly streamline project decision-making, foster collaboration and ensure best practice across organization; artificial intelligence platform; integrations and APIs; and platform and cloud services. It also provides strategic portfolio management, leverages AI to create a clear view of objectives and roadmaps, align investments with strategic themes, and keep workstreams focused as strategy evolves; essential PMO, a turnkey cloud PPM platform that PMOs can deploy to support various project types and teams across the organization; project controls and engineering, a solution that unifies contracts, schedules, documents, and costs to help deliver complex engineering and construction projects on time and on budget with better collaboration, accurate forecasts, and real-time responsiveness; and professional services automation, a solution that generating services with an end-to-end platform. The company serves its products to life sciences and chemicals, manufacturing and engineering, technology, media and telecom, automotive, fast-moving consumer goods, aerospace and defense, and energy and utilities, as well as government and defense sectors. Planisware SAS was incorporated in 1995 and is headquartered in Châtillon, France.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Planisware SAS reported revenue of €198M in FY2026 versus €108M in FY2022, a compound +16.4%/yr. Reported net income was €50.0M in FY2026, compounding +16.5%/yr from FY2022.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
€198M
Latest YoY
+8.0%
Avg. growth/yr (3Y)
+14.4%
Avg. growth/yr (5Y)
+16.6%
Revenue +16.4%/yr
FY22 €108M
FY23 €132M
FY24 €156M
FY25 €183M
FY26 €198M
Net income +16.5%/yr
FY22 €27.1M
FY23 €31.6M
FY24 €41.8M
FY25 €42.7M
FY26 €50.0M

PLNW screens 13% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "Planisware SAS Fair Value". https://www.fairvalue-calculator.com/stock/PLNW

Peer Group

Software - Application · 709 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 78 · Top 25%
Fair Value upside −13% · Above median
Return on equity (TTM) 24% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 25% · Top 25%
Operating margin (TTM) 33% · Top 25%
Revenue growth 6% · Below median
Dividend yield (TTM) 1.7% · Above median

Valuation Multiples vs Software - Application median · lower = cheaper

P/E (TTM) 29.2× · Pricier than median
P/B 7.76× · Pricier than 75% of peers
P/S (TTM) 8.38× · Pricier than 75% of peers
P/FCF 26.3× · Pricier than 75% of peers
EV/EBITDA 23.0× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 16 · sector 0
FUTURE 28 · sector 38
PAST 98 · sector 13
HEALTH 100 · sector 98
DIVIDEND 35 · sector 28

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.69 C$16.26 +28%
Shopify Inc SHOP C$173.23 C$20.54 -88%
Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

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Frequently asked questions

Is Planisware SAS (PLNW) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of €21.32 versus a price of €24.50, about −13% (overvalued).
What is the fair value of PLNW?
Our model-based fair value for Planisware SAS is €21.32 (as of Jul 15, 2026), built from audited fundamentals. The current price is €24.50.
What is the quality score of PLNW?
Planisware SAS has a Quality Score of 78/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Planisware SAS (PLNW)?
Planisware SAS reported trailing-twelve-month revenue of about €198M (latest available figure, as of Jul 15, 2026).
What is the net profit margin of PLNW?
The net profit margin of Planisware SAS is about 25.3%, meaning it keeps roughly 25.3% of revenue as net income. Based on the latest reported figures.
Does Planisware SAS pay a dividend?
Planisware SAS currently shows a dividend yield of about 1.90% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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