2MD Relative Valuation - Model N Inc - Alpha Spread
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Relative Value

The Relative Value of one 2MD stock under the Base Case scenario is 19.03 EUR. Compared to the current market price of 28 EUR, Model N Inc is Overvalued by 32%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

2MD Relative Value
Base Case
19.03 EUR
Overvaluation 32%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
Median 3Y
4.8
Median 5Y
5.6
Industry
2.2
vs History
0
vs Industry
Median 3Y
-31.8
Median 5Y
-41.7
Industry
23
vs History
88
vs Industry
Median 3Y
45.3
Median 5Y
68
Industry
16.9
vs History
47
vs Industry
Median 3Y
34.9
Median 5Y
20.3
Industry
21.8
vs History
63
vs Industry
Median 3Y
8.7
Median 5Y
10
Industry
2.7
vs History
68
vs Industry
Median 3Y
4.6
Median 5Y
5.5
Industry
2.2
vs History
69
vs Industry
Median 3Y
8.4
Median 5Y
9.9
Industry
4.6
vs History
4
vs Industry
Median 3Y
-247.9
Median 5Y
-192.1
Industry
12.9
vs History
vs Industry
Median 3Y
-99.3
Median 5Y
-99.3
Industry
16.4
vs History
88
vs Industry
Median 3Y
43.2
Median 5Y
66.1
Industry
15.5
vs History
88
vs Industry
Median 3Y
44.7
Median 5Y
71.2
Industry
18.6
vs History
58
vs Industry
Median 3Y
5.6
Median 5Y
6.1
Industry
2.3

Multiples Across Competitors

2MD Competitors Multiples
Model N Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Model N Inc
F:2MD
1.1B EUR 4.8 4 633.4 232.9 -428.3
DE
SAP SE
NYSE:SAP
267.2B USD 7.4 90.6 27.7 32.6
US
Salesforce Inc
NYSE:CRM
248.6B USD 6.8 44.2 23.2 35.2
US
Adobe Inc
NASDAQ:ADBE
234B USD 11.2 43.6 27.4 30.6
CN
Cloopen Group Holding Ltd
OTC:RAASY
186.5B USD 1 303.2 -205.1 -3 028 -2 969.3
US
NCR Corp
LSE:0K45
183.2B USD 24.2 -266.3 203.9 378.7
US
Intuit Inc
NASDAQ:INTU
183.6B USD 11.3 61.8 39.9 48
US
Palantir Technologies Inc
NYSE:PLTR
82.7B USD 33.3 204.3 242 269.4
US
Synopsys Inc
NASDAQ:SNPS
79.4B USD 13 52.9 45 52.5
US
Cadence Design Systems Inc
NASDAQ:CDNS
77.5B USD 18.6 73.4 57 64.7
CA
Constellation Software Inc
TSX:CSU
91.2B CAD 7.2 103.3 28.1 52

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