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French maker of project and portfolio management software that helps large enterprises plan R&D, product and IT investment portfolios.
French maker of project and portfolio management software that helps large enterprises plan R&D, product and IT investment portfolios.
Sells subscriptions, increasingly cloud-hosted, to large companies, with implementation and consulting work on top, so each customer pays an upfront project fee and then recurring fees as users and modules grow. It has been moving from selling licences to subscriptions.
In one line: A niche French Planview competitor.
Moat: narrow (switching costs, installed base, customer qualification). Deeply embedded in enterprise R&D planning workflows with high switching costs, but a niche software category.
Headquarters: Issy-les-Moulineaux, France · Founded: 1996 · Employees: 708
Size Planisware Societe anonyme (PLNW.PA) is a France Information Technology company (Packaged Software) with a market value of $1.94B, the 107th largest of 206 France companies the cockpit tracks. Shares closed at €24.90 on 6 Nov 2026.
Performance Over six months the shares gained 46.5%, against -13.3% for the median peer and -0.4% for the France market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 8.2% over the last twelve months (peer median +10.1%); the operating margin is 30.7% (peer median -0.5%).
Valuation It trades at 28.2× forward earnings against a peer median of 44.4× (6th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 186.9 points above its cost of capital (9.4% WACC).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €208M | €198M | €183M | €156M | €131M |
| Revenue growth | — | +8% | +18% | +19% | — |
| Gross profit | €148M | €141M | €129M | €107M | €84.6M |
| EBITDA | €73.6M | €68.9M | €58.7M | €49.3M | €37.7M |
| Net income | €56.9M | €50.0M | €42.7M | €41.8M | €31.6M |
| Free cash flow | €72.4M | €63.1M | €56.0M | €44.5M | €31.2M |
| Capital expenditure | €9.95M | €6.13M | €5.49M | €4.85M | €4.77M |
| Total debt | n/a | €17.7M | €17.1M | €15.0M | €14.9M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Planisware Societe anonyme PLNW.PA | $1.94B | +46% | +8% | 31% | 28.2× | 12.3% |
| Broadcom AVGO | $1.40T | -32% | +49% | 49% | 16.9× | 26.6% |
| ServiceNow NOW | $106B | +12% | +22% | 13% | 22.4× | 29.5% |
| monday.com MNDY | $3.72B | +22% | +24% | 3% | 14.2× | 23.6% |
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.
| Measure | PLNW.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.5% | +3.3% | 10th lowest of 21 |
| 6-month return | +46.5% | -13.3% | 2nd highest of 21 |
| Distance from 52-week high | -11.4% | -42.5% | 4th highest of 21 |
| Revenue growth (TTM) | +8.2% | +10.1% | 8th lowest of 21 |
| Operating margin | 30.7% | -0.5% | 3rd highest of 21 |
| Forward P/E | 28.2× | 44.4× | 6th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 12.3% | 25.9% | 6th least demanding of 14 |
| Growth delivered (Del g) | +16.8% | +11.5% | 5th highest of 14 |
| Hurdle (Req g minus delivered) | -4.5 pp | +19.5 pp | 6th least demanding of 14 |
| ROIC minus cost of capital | +186.9 pp | -10.5 pp | highest of 17 |
| EV / EBITDA | 21.0× | 9.5× | 2nd most expensive of 7 |
| Net debt / EBITDA | -2.5× | -2.5× | 4th least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Planisware Societe anonyme PLNW.PA | France | $1.94B | +46% | +8% | 31% | 28.2× | 12.3% | +16.8% |
| Karooooo KARO | United States | $1.95B | +25% | +32% | 25% | 24.1× | 10.4% | +17.7% |
| Pony AI 2026.HK | Hong Kong | $1.93B | -56% | +67% | -214% | n/a | n/a | n/a |
| Ourpalm 300315.SZ | China | $1.96B | -3% | -5% | -65% | 125.6× | 55.8% | -17.0% |
| Aisino 600271.SS | China | $1.96B | -16% | -12% | -24% | 26.2× | n/a | n/a |
| iReader Technology 603533.SS | China | $1.98B | +20% | +14% | -2% | 91.2× | 37.2% | +9.5% |
| Pine Labs PINELABS.NS | India | $1.98B | -19% | +50% | 7% | 79.2× | n/a | n/a |
| China TransInfo Technology 002373.SZ | China | $1.89B | -11% | +16% | 1% | 39.7× | 22.0% | -2.7% |
| iFAST AIY.SI | Singapore | $1.89B | -10% | +35% | 24% | 18.6× | -11.6% | +24.8% |
| Business-Intelligence of Oriental Nations 300166.SZ | China | $1.88B | -27% | +7% | -5% | 94.1× | n/a | n/a |
| Tianyu Digital Technology 002354.SZ | China | $2.00B | +31% | +8% | -2% | 135.3× | 25.9% | +15.8% |
| Justsystems 4686.T | Japan | $2.01B | +33% | +10% | 44% | n/a | -6.3% | +4.6% |
| Zhejiang Jinke Tom Culture Industry 300459.SZ | China | $2.01B | -9% | -10% | -108% | n/a | 43.2% | -12.5% |
| Shenzhen Intellifusion Technologies 688343.SS | China | $1.87B | -46% | -4% | -52% | n/a | n/a | n/a |
| ArcSoft 688088.SS | China | $1.87B | -26% | +10% | 12% | 49.1× | 41.3% | +6.2% |
| eToro ETOR | United States | $1.86B | -40% | +10% | 32% | 11.0× | -18.5% | +15.4% |
| Hydsoft Technology 301316.SZ | China | $1.86B | -41% | +19% | 3% | 158.4× | 46.1% | +26.7% |
| SoundHound AI SOUN | United States | $1.85B | -54% | +55% | -96% | n/a | n/a | n/a |
| Mobvista Incorporation 1860.HK | Hong Kong | $2.05B | -43% | +26% | 4% | 19.6× | -1.1% | +31.9% |
| C3.ai AI | United States | $1.84B | +18% | -38% | -198% | n/a | n/a | n/a |
| Certara CERT | United States | $1.84B | +91% | +1% | 5% | 31.4× | 40.7% | +11.5% |