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← CockpitCompetitor Analysis › PSAN.DE PSI Software SEOpen in the cockpit ↗

PSI Software SEPSAN.DECompetitor analysis, valuation and peers

Germany · EUR·Information Technology›Packaged Software
Momentum neutral 54
Mkt cap
$822M
US dollars, full cap
Free float
14%
of shares outstanding
$/day
$29,057
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-14.8 pp
WACC 6.5%
Hurdle
n/a
no reverse DCF
Next earnings
117 days
3 Mar 2027
Close · EUR€44.90
1D0.0%
1W-0.4%
1M-0.2%
3M+1.6%
6M-1.3%
YTD-0.2%
1Y-0.2%
ATR %1.0%
52w lowhigh5.3% off high

What PSI Software does

Employees: 2,380

PSI Software at a glance

Size PSI Software (PSAN.DE) is a Germany Information Technology company (Packaged Software) with a market value of $822M, the 157th largest of 205 Germany companies the cockpit tracks. Shares closed at €44.90 on 6 Nov 2026.

Performance Over six months the shares fell 1.3%, against -16.1% for the median peer and +2.6% for the Germany market (cap-weighted) — 7th highest of 21 in its peer set.

Growth Revenue grew 2.0% over the last twelve months (peer median +1.5%); the operating margin is -5.4% (peer median 5.6%).

Valuation It trades at 2.7× enterprise value to sales against a peer median of 3.5× (8th cheapest of 21).

Capital Return on invested capital runs 14.8 points below its cost of capital (6.5% WACC).

Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026PSAN.DE 98Peer median 82
Six months, rebased to 100: PSI Software against the median of its 20 peers (local-currency closes).

PSI Software financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€293M€286M€261M€270M€248M
Revenue growth—+9%-3%+9%—
Gross profit€29.1M€22.9M€17.9M€25.5M€36.3M
EBITDA-€106,000-€20.7M-€8.71M€10.7M€25.0M
Net income-€28.2M-€31.6M-€21.0M€324,000€9.69M
Free cash flow-€16.6M€9.52M-€23.4M€13.5M€497,000
Capital expenditure€13.2M€7.86M€7.73M€7.66M€10.3M
Total debt€92.3M€80.3M€54.3M€39.8M€29.2M

Quarterly statements and history in the cockpit →

PSI Software 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

-20%0%+20%+40%-20%0%+20%+40%300292688095PRL68810937380022983281303765BMBL603383PAR688479300075603776300451DSPCCSI3005237822PSAN.DE6-month return →1-month return →
Up and to the right = strong over both horizons. PSI Software is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%5×10×300292688095PRL68810937380022983281303765BMBL603383688479300075603776300451CCSI3005237822300525PSAN.DERevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. PSI Software is the large dot.

PSI Software competitors and peer comparison

How PSI Software 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.

PSI Software against its 20 peers (data as of 6 Nov 2026)
MeasurePSAN.DEPeer medianRank in peer set
1-month return-0.2%+1.0%10th lowest of 21
6-month return-1.3%-16.1%7th highest of 21
Distance from 52-week high-5.3%-42.2%4th highest of 21
Revenue growth (TTM)+2.0%+1.5%10th highest of 21
Operating margin-5.4%5.6%9th lowest of 21
EV / Sales2.7×3.5×8th cheapest of 21
ROIC minus cost of capital-14.8 pp-4.5 pp6th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
PSI Software PSAN.DEGermany$822M-1%+2%-5%2.7×n/an/a
Wutong 300292.SZChina$821M-20%-4%4%1.3×14.2%+2.9%
Fujian Fuxin Software Development Joint Stock 688095.SSChina$817M-22%+27%8%3.4×19.2%+17.9%
Propel PRL.TOCanada$830M+28%+24%17%1.6×n/an/a
Pinming Technology 688109.SSChina$801M-29%-13%-6%12.6×44.7%+2.9%
Vobile 3738.HKHong Kong$844M-17%+20%13%2.4×n/an/a
Anhui ZhongDianXinLong Science and Technology 002298.SZChina$799M-21%-29%-17%3.8×n/an/a
Lunit 328130.KSSouth Korea$846M-25%+24%-76%11.7×n/an/a
Gungho Online Entertainment 3765.TJapan$798M-3%-6%7%0.3×n/an/a
Bumble BMBLUnited States$798M+65%-13%28%1.4×-10.5%+10.7%
Fujian Apex Software 603383.SSChina$848M-15%-8%25%7.9×16.4%+10.7%
PAR Technology PARUnited States$850M+43%+19%-10%2.4×n/an/a
Yonyou Auto Information Technology (Shanghai) 688479.SSChina$793M-9%+1%2%8.1×n/an/a
Beijing eGOVA 300075.SZChina$851M-29%-5%-102%8.7×n/an/a
Youon Technology 603776.SSChina$852M+3%+34%-28%5.1×16.7%-14.0%
B-Soft 300451.SZChina$792M-22%-21%-75%5.9×n/an/a
Viant Technology DSPUnited States$854M+7%+22%36%2.3×-4.6%+15.8%
Consensus Cloud Solutions CCSIUnited States$791M+27%+1%42%3.5×-2.5%+1.1%
Beijing Global Safety Technology 300523.SZChina$855M-14%+29%-11%3.3×n/an/a
V5 Technologies 7822.TWTaiwan$788M-59%+188%37%6.6×-1.8%+114.4%
Fujian Boss Software 300525.SZChina$861M-24%-5%8%2.9×5.4%+12.1%

Questions

Which companies are PSI Software's closest peers?
The cockpit's peer set: Wutong (300292.SZ), Fujian Fuxin Software Development Joint Stock (688095.SS), Propel (PRL.TO), Pinming Technology (688109.SS), Vobile (3738.HK), Anhui ZhongDianXinLong Science and Technology (002298.SZ), Lunit (328130.KS), Gungho Online Entertainment (3765.T).
Is PSI Software expensive compared with its peers?
On ev / sales it trades at 2.7× against a peer median of 3.5×, 8th cheapest of 21 in its peer set.
How has PSI Software stock performed?
Over six months to 6 Nov 2026 the shares returned -1.3% against -16.1% for the median peer; over one year -0.2%.

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.