Employees: 3,610
Size Sword (SWP.PA) is a France Information Technology company (Information Technology Services) with a market value of $360M, the 196th largest of 206 France companies the cockpit tracks. Shares closed at €33.65 on 6 Nov 2026.
Performance Over six months the shares gained 4.3%, against -16.6% for the median peer and -0.4% for the France market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 8.1% over the last twelve months (peer median +7.9%); the operating margin is 8.8% (peer median 1.5%).
Valuation It trades at 12.0× forward earnings against a peer median of 14.7× (5th cheapest of 13).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.4 points above its cost of capital (8.2% WACC).
Credit Sword has 2 bonds outstanding ($1.08B), rated B+ by the agencies and trading like BB at a weighted spread of 416 bp.
Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €370M | €358M | €323M | €288M | €272M |
| Revenue growth | — | +11% | +12% | +6% | — |
| Gross profit | €40.2M | €39.4M | €29.9M | €26.8M | €27.0M |
| EBITDA | €44.3M | €42.9M | €38.8M | €34.9M | €35.1M |
| Net income | €21.4M | €19.0M | €21.8M | €22.8M | €110M |
| Free cash flow | €35.7M | €18.6M | €19.4M | €19.3M | €12.7M |
| Capital expenditure | €4.72M | €4.49M | €4.15M | €2.89M | €6.03M |
| Total debt | n/a | €103M | €67.3M | €47.4M | €31.2M |
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.
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 | SWP.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +16.0% | -2.5% | 2nd highest of 21 |
| 6-month return | +4.3% | -16.6% | 6th highest of 21 |
| Distance from 52-week high | -15.2% | -43.6% | 3rd highest of 21 |
| Revenue growth (TTM) | +8.1% | +7.9% | 11th highest of 21 |
| Operating margin | 8.8% | 1.5% | 8th highest of 21 |
| Forward P/E | 12.0× | 14.7× | 5th cheapest of 13 |
| Growth the price implies (Req g, 7 yrs) | -0.1% | -4.1% | 6th most demanding of 14 |
| Growth delivered (Del g) | +11.0% | +6.2% | 4th highest of 14 |
| Hurdle (Req g minus delivered) | -11.1 pp | -2.7 pp | 6th least demanding of 14 |
| ROIC minus cost of capital | +8.4 pp | -8.3 pp | 7th highest of 21 |
| EV / EBITDA | 9.0× | 6.0× | 4th most expensive of 10 |
| Net debt / EBITDA | 1.7× | -0.7× | 3rd most indebted of 11 |
| Bond spread | 416 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sword SWP.PA | France | $360M | +4% | +8% | 9% | 12.0× | -0.1% | +11.0% |
| Telos TLS | United States | $360M | +8% | +66% | -2% | 38.1× | -2.3% | -1.7% |
| I'LL 3854.T | Japan | $357M | -6% | +8% | 27% | 15.5× | -11.5% | +9.6% |
| SRA 3817.T | Japan | $352M | 0% | -5% | 16% | 10.3× | -20.2% | +6.2% |
| JFE Systems 4832.T | Japan | $369M | -2% | -14% | 11% | n/a | -19.0% | +4.3% |
| ChinaEtek Service and Technology 301208.SZ | China | $369M | -25% | +47% | 3% | n/a | n/a | n/a |
| Nanjing TDH Technology 301378.SZ | China | $347M | -26% | -2% | -39% | n/a | n/a | n/a |
| BizConf Technology 300578.SZ | China | $373M | -41% | -3% | -13% | 97.8× | n/a | n/a |
| Alight ALIT | United States | $347M | -31% | -4% | 0% | 3.4× | 29.4% | -3.7% |
| Andes Technology 6533.TW | Taiwan | $343M | -12% | +26% | -21% | 61.3× | 24.6% | +20.5% |
| Aurionpro Solutions AURIONPRO.NS | India | $338M | -33% | +12% | 15% | 13.8× | n/a | n/a |
| R Systems International RSYSTEMS.NS | India | $336M | -11% | +24% | 13% | 13.6× | 14.7% | +17.3% |
| HCR 688500.SS | China | $391M | -28% | +5% | -17% | n/a | n/a | n/a |
| Yidu Tech 2158.HK | Hong Kong | $392M | -53% | +17% | -11% | 30.6× | 2.9% | -1.9% |
| CI&T CINT | United States | $394M | -21% | +20% | 11% | 7.6× | -4.4% | +21.4% |
| Tsuzuki Denki 8157.T | Japan | $395M | +9% | +8% | 7% | n/a | -9.2% | -2.9% |
| Softcreate 3371.T | Japan | $328M | +9% | +12% | 18% | n/a | -12.5% | +7.2% |
| Weihai Huadong Automation 002248.SZ | China | $396M | -34% | +1% | 8% | n/a | 36.8% | +10.1% |
| Carlsmed CARL | United States | $396M | +48% | +65% | -61% | n/a | n/a | n/a |
| Lians Technology 300051.SZ | China | $399M | -57% | -50% | -114% | 7.6× | n/a | n/a |
| NCC NCC.L | United Kingdom | $324M | +18% | -38% | -10% | 28.9× | -4.1% | -2.0% |
Sword has 2 bonds outstanding with $1.08B face value. The agencies rate it B+; its bonds trade like BB. Weighted yield 7.89%, a spread of 416 bp over government bonds.