Loading…

BOKU, Inc.BOKU.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Information Technology›Packaged Software
Momentum weak 20
Mkt cap
$490M
US dollars, full cap
Free float
81%
of shares outstanding
$/day
$2.16M
20-day average traded
Fwd P/E
19.3×
forward earnings
ROIC−WACC
n/a
WACC 6.8%
Hurdle
-8 pp
Req g minus delivered
Next earnings
137 days
23 Mar 2027
Close · GBP£128.50
1D-1.1%
1W-0.4%
1M-10.1%
3M+12.7%
6M-29.0%
YTD-38.8%
1Y-41.9%
ATR %3.1%
52w lowhigh49.6% off high

What BOKU does

Employees: 592

BOKU at a glance

Size BOKU (BOKU.L) is a United Kingdom Information Technology company (Packaged Software) with a market value of $490M, the 297th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £128.50 on 6 Nov 2026.

Performance Over six months the shares fell 29.0%, against -25.6% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 10.4% over the last twelve months (peer median -3.4%); the operating margin is 9.0% (peer median 3.1%).

Valuation It trades at 19.3× forward earnings against a peer median of 13.4× (6th most expensive of 13).

Price implies For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -8 pp: the price already allows for a slowdown.

Next results Next results expected around 23 Mar 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 73BOKU.L 71
Six months, rebased to 100: BOKU against the median of its 20 peers (local-currency closes).

BOKU financials

Reported figures in GBP; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£98.4M£97.7M£77.7M£66.5M£51.8M
Revenue growth—+26%+17%+29%—
Gross profit£20.5M£34.1M£69.6M£58.8M£45.9M
EBITDA£16.3M£21.3M£16.3M£14.6M£12.2M
Net income£10.4M£9.31M£2.96M£8.11M£3.49M
Free cash flow£20.7M£62.3M£35.3M£33.8M£40.0M
Capital expenditure£6.42M£5.70M£5.90M£4.72M£4.33M
Total debtn/a£4.04M£2.11M£2.39M£2.95M

Quarterly statements and history in the cockpit →

BOKU competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%+20%1INN688168CSHR301315300663603232300830IIIV5036NEXN6657NRDS3632300290688648002995GBG3001484475BOKU.L6-month return →1-month return →
Up and to the right = strong over both horizons. BOKU is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×50×100×1INN688168603232IIIV5036NEXN6657NRDS36324475BOKU.LRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. BOKU is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%-25%0%25%50%1INN300663300830IIIVNEXNNRDS002995GBG3001484475BOKU.LGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. BOKU is the large dot.

BOKU competitors and peer comparison

How BOKU compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

BOKU against its 20 peers (data as of 6 Nov 2026)
MeasureBOKU.LPeer medianRank in peer set
1-month return-10.1%-3.1%9th lowest of 21
6-month return-29.0%-25.6%8th lowest of 21
Distance from 52-week high-49.6%-51.0%10th highest of 21
Revenue growth (TTM)+10.4%-3.4%7th highest of 20
Operating margin9.0%3.1%5th highest of 20
Forward P/E19.3×13.4×6th most expensive of 13
Growth the price implies (Req g, 7 yrs)9.1%12.0%6th least demanding of 11
Growth delivered (Del g)+17.3%+6.4%4th highest of 11
Hurdle (Req g minus delivered)-8.2 pp+12.1 pp3rd least demanding of 11
EV / EBITDA13.9×6.1×3rd most expensive of 7
Net debt / EBITDA-8.4×-0.3×2nd least indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
BOKU BOKU.LUnited Kingdom$490M-29%+10%9%19.3×9.1%+17.3%
innoscripta 1INN.DEGermany$495M-37%+42%61%8.0×-13.3%+55.9%
Beijing ABT Networks 688168.SSChina$485M-52%-73%-33%110.8×n/an/a
CoinShares CSHRUnited States$498M-36%n/an/a7.1×n/an/a
Shanghai Wisdom Information Technology 301315.SZChina$499M-26%-15%4%n/an/an/a
Client Service International 300663.SZChina$499M-45%-29%-85%n/a30.0%-10.7%
Koal Software 603232.SSChina$479M-26%-18%-33%68.7×n/an/a
JinXianDai Information Industry 300830.SZChina$502M-29%-20%-42%n/a17.7%-8.8%
i3 Verticals IIIVUnited States$502M-10%-8%3%16.1×31.2%+7.3%
Japan Business Systems 5036.TJapan$477M+16%+25%4%10.6×n/an/a
Nexxen International NEXNUnited States$503M+15%+3%5%7.6×6.3%+11.5%
Baiwang 6657.HKHong Kong$504M-13%-3%-11%37.2×n/an/a
NerdWallet NRDSUnited States$504M-14%+12%11%9.6×-12.6%+27.8%
Xinjiang Sailing Information Technology 300588.SZChina$505M-25%+19%-17%n/an/an/a
GREE Holdings.Inc 3632.TJapan$475M+20%-10%8%24.5×n/an/a
Bringspring Science & Technology 300290.SZChina$506M-66%-6%-13%n/an/an/a
China Post Technology 688648.SSChina$474M-33%+52%-7%n/an/an/a
Beijing Quanshi World Online Network Information 002995.SZChina$508M-15%-19%-13%n/a5.3%-19.1%
GB Group PLC GBG.LUnited Kingdom$472M-29%+1%11%8.7×4.6%+5.5%
Tangel Culture 300148.SZChina$472M-8%+9%9%n/a25.6%-7.4%
Hennge K.k 4475.TJapan$471M+132%+19%17%40.3×21.7%+21.3%

Questions

Which companies are BOKU's closest peers?
The cockpit's peer set: innoscripta (1INN.DE), Beijing ABT Networks (688168.SS), CoinShares (CSHR), Shanghai Wisdom Information Technology (301315.SZ), Client Service International (300663.SZ), Koal Software (603232.SS), JinXianDai Information Industry (300830.SZ), i3 Verticals (IIIV).
Is BOKU expensive compared with its peers?
On forward p/e it trades at 19.3× against a peer median of 13.4×, 6th most expensive of 13 in its peer set. For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -8 pp: the price already allows for a slowdown.
How has BOKU stock performed?
Over six months to 6 Nov 2026 the shares returned -29.0% against -25.6% for the median peer; over one year -41.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.