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Stock Analysis & ValuationDatagroup Se (D6H.DE)

Professional Stock Screener
Previous Close
70.70
Sector Valuation Confidence Level
Low
Valuation methodValue, Upside, %
Artificial intelligence (AI)37.41-47
Intrinsic value (DCF)18.80-73
Graham-Dodd Methodn/a
Graham Formula43.61-38

Strategic Investment Analysis

Company Overview

DATAGROUP SE is a leading German IT services provider specializing in IT infrastructure, consulting, and digital transformation solutions. Headquartered in Pliezhausen, Germany, the company operates across the EU and internationally, offering a comprehensive suite of services including IT workplace solutions, cloud computing, application management, and SAP services. DATAGROUP SE serves businesses seeking scalable, secure, and efficient IT operations through its two core segments: Services, and Solutions and Consulting. With a strong focus on managed cloud services, automation, and AI-driven solutions, the company positions itself as a key enabler of digital transformation for mid-sized and large enterprises. As a subsidiary of HHS Beteiligungsgesellschaft mbH, DATAGROUP SE leverages deep industry expertise and a client-centric approach to maintain its competitive edge in the rapidly evolving European IT services market.

Investment Summary

DATAGROUP SE presents a compelling investment case with its diversified IT service offerings and strong positioning in the German and EU markets. The company's solid revenue base (€527.6M in FY 2024) and net income (€26.2M) reflect operational efficiency, while its beta of 1.27 indicates moderate market sensitivity. Positive operating cash flow (€58.9M) supports dividend payments (€1/share) and debt management (€191.4M total debt). However, investors should note the competitive pressures in the IT services sector and the capital-intensive nature of cloud infrastructure expansion. The company's focus on high-margin consulting and managed services could drive future growth, but execution risks in digital transformation projects remain a consideration.

Competitive Analysis

DATAGROUP SE competes in the fragmented European IT services market by combining localized expertise with scalable cloud solutions. Its competitive advantage stems from: 1) Deep SAP implementation capabilities, a critical differentiator in the German enterprise market; 2) Integrated workplace services that reduce client vendor complexity; 3) Hybrid cloud offerings balancing security and flexibility. The company's mid-market focus allows it to avoid direct competition with global giants while maintaining higher margins than local pure-play MSPs. However, its regional concentration (primarily Germany) creates both stability and growth limitations compared to pan-European peers. DATAGROUP's consulting-led approach to digital transformation gives it stronger client stickiness than infrastructure-focused competitors, though it requires continuous investment in technical certifications and talent retention. The 2024 financials suggest effective cost management (4.96% net margin) in a competitive pricing environment.

Major Competitors

  • Beiersdorf AG (BEI.DE): Incorrect competitor - appears to be a consumer goods company. Null entry for accurate comparison.
  • Software AG (SOW.DE): German enterprise software provider with stronger product IP but weaker services footprint. Competes in cloud transformation but lacks DATAGROUP's end-to-end infrastructure capabilities. Facing challenges in legacy modernization.
  • Cancom SE (NDX1.DE): Direct competitor with similar IT service portfolio and German market focus. Larger scale (€1.4B revenue) but lower margins. Stronger public sector presence versus DATAGROUP's commercial emphasis.
  • Innogy SE (INH.DE): Energy company - irrelevant to IT services comparison. Null entry.
  • Cognizant Technology Solutions (CTS.DE): Global IT services giant with strong offshore delivery capabilities. Competes for multinational clients but lacks DATAGROUP's localized German market expertise. Higher revenue but faces margin pressures.
  • Tata Consultancy Services (TCS.NS): India-based global leader with cost advantages in labor-intensive services. Minimal competition in DATAGROUP's core German mid-market due to cultural/language barriers but competes for large EU enterprise deals.
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