Edison Investment Research - Datagroup AG (D6H) DATAGROUP - Back on track

Report

Edison Investment Research

Richard Williamson

DATAGROUP - Back on track

After a difficult FY20, IT services provider DATAGROUP’s earnings recovered in H121, driven by a turnaround in its Financial IT Services (FIS) unit, which took a hit in FY20. The M&A-driven business model is intact, with the addition of Urano and dna in H121, and DATAGROUP’s target of an EBIT margin of 9% should be within reach in the medium term (2022/23). Trading at 24.3x FY22e P/E on consensus estimates, DATAGROUP is valued at an 11% premium to peers.

01/06/2021 4 EN

Underlying

Datagroup AG

Datagroup SE is Germany-based information technology (IT) service provider. Its service and product portfolio includes IT Consultation, which includes IT landscape transformation and IT landscape consulting; System Integration, such as mobile solutions, software development and interactive voice response language portals; Systems, Applications and Product (SAP) solutions, including SAP application lifecycle management, SAP business solutions, SAP Hana and SAP landscape transformation, as well as training and workshops. The Company offers CORBOX, a modul-based solution for IT outsourcing, including data center services, network services, end user services, application management services, SAP services, printing services, communication and collaboration services, big data services, service desk, security services, monitoring services, robotic process automation and continuity services.

See profile

DE000A0JC8S7 Germany

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

See profile

Analysts

Richard Williamson

Other Reports on these Companies

EQS Group AG

EQS-News: Neuer Großkunde im Finanzsektor: ALH-Gruppe setzt auf IT-Services von DATAGROUP

EQS-News: DATAGROUP SE / Schlagwort(e): Sonstiges Neuer Großkunde im Finanzsektor: ALH-Gruppe setzt auf IT-Services von DATAGROUP 27.03.2025 / 07:30 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Pliezhausen, 27. März 2025 – DATAGROUP übernimmt den IT-Support der ALH-Gruppe (Alte Leipziger – Hallesche), einer führenden deutschen Versicherungsgruppe mit rund 3.000 Mitarbeitenden. Der Vertrag mit einer Laufzeit von fünf Jahren umfasst Service Desk sowie Onsite- und Field-Support für verschiedene IT-Bereiche und hat ein Gesamtvolumen im...

March 27, 2025 March 27, 2025 1 DE

EQS Group AG

EQS-News: New customer in the financial sector: ALH Group relies on IT services from DATAGROUP

EQS-News: DATAGROUP SE / Key word(s): Miscellaneous New customer in the financial sector: ALH Group relies on IT services from DATAGROUP 27.03.2025 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Pliezhausen, 27 March 2025 – DATAGROUP takes on IT support for the ALH Group (Alte Leipziger – Hallesche), a leading German insurance group with around 3,000 employees. The five-year contract includes the Service Desk as well as on-site and field support services for various areas of IT and has a total volume in the high single-digit millio...

March 27, 2025 March 27, 2025 1 EN

EQS Group AG

EQS-News: DATAGROUP blickt anlässlich der heutigen Hauptversammlung optimistisch auf laufendes Geschäftsjahr

EQS-News: DATAGROUP SE / Schlagwort(e): Hauptversammlung DATAGROUP blickt anlässlich der heutigen Hauptversammlung optimistisch auf laufendes Geschäftsjahr 18.03.2025 / 16:11 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. DATAGROUP blickt anlässlich der heutigen Hauptversammlung optimistisch auf laufendes Geschäftsjahr Aktionär*innen stimmen allen Tagesordnungspunkten zu Dividende von 1,00 EUR je Aktie beschlossen Aufsichtsrat neu besetzt, Max H.-H. Schaber wird Aufsichtsratsvorsitzender Anhaltend starkes organisches Wachstum e...

March 18, 2025 March 18, 2025 1 DE

Manx Financial Group - Termination of coverage

Edison Investment Research is terminating coverage on Manx Financial Group (MFX). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant. Previously published reports can still be accessed via our website.

March 10, 2025 March 10, 2025 1 EN

Kate Heseltine

Kate Heseltine

musicMagpie - Termination of coverage

Edison Investment Research is terminating coverage on musicMagpie (MMAG). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant. Previously published reports can still be accessed via our website.

March 5, 2025 March 5, 2025 1 EN

Kate Heseltine

Kate Heseltine

Topps Tiles - Accelerating growth through Q125

Topps Tiles (TPT) is enjoying a return to revenue growth following a very challenging FY24 due to wider macroeconomic weakness. The company’s recovery is clearly being boosted by new revenue streams from its self-help initiatives, notably from trade and online customers across all of its brands. While the macroeconomic environment remains uncertain, it is pleasing that the strategy is supporting growth. The valuation continues to look compelling, even with limited macroeconomic recovery included in management’s long-term financial goals. With the Q125 trading update, the CEO has announced his ...

January 10, 2025 January 10, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

DATAGROUP - Back on track

EQS-News: Neuer Großkunde im Finanzsektor: ALH-Gruppe setzt auf IT-Services von DATAGROUP

EQS-News: New customer in the financial sector: ALH Group relies on IT services from DATAGROUP

EQS-News: DATAGROUP blickt anlässlich der heutigen Hauptversammlung optimistisch auf laufendes Geschäftsjahr

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe