Wavestone SA
PAR:WAVE

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Wavestone SA
PAR:WAVE
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Price: 45.45 EUR -2.15% Market Closed
Market Cap: €1.1B

EV/FCFF

10.8
Current
36%
Cheaper
vs 3-y average of 17.1

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
10.8
=
Enterprise Value
€1.2B
/
Free Cash Flow to Firm
€104.5m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
10.8
=
Enterprise Value
€1.2B
/
Free Cash Flow to Firm
€104.5m

Valuation Scenarios

Wavestone SA is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (17.1), the stock would be worth €71.56 (57% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+57%
Average Upside
48%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 10.8 €45.45
0%
3-Year Average 17.1 €71.56
+57%
5-Year Average 16.7 €69.85
+54%
Industry Average 14.5 €60.66
+33%
Country Average 15.8 €66.37
+46%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
FR
Wavestone SA
PAR:WAVE
1.1B EUR 10.8 14.3
US
International Business Machines Corp
NYSE:IBM
217.6B USD 21.5 20.2
JP
BrainPad Inc
TSE:3655
20.9T JPY 82.2 551.4
IE
Accenture PLC
NYSE:ACN
109.7B USD 8.4 14.3
IN
Tata Consultancy Services Ltd
NSE:TCS
9.1T INR 17.7 18
IN
Infosys Ltd
NSE:INFY
5T INR 13.6 16.7
JP
Fujitsu Ltd
TSE:6702
6.5T JPY 21.3 13.7
JP
NEC Corp
TSE:6701
6T JPY 19.5 24.5
IN
HCL Technologies Ltd
NSE:HCLTECH
3.4T INR 16.1 20.1
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR -31.7 38.8
JP
NTT Data Corp
TSE:9613
5.6T JPY -31.9 39.1

Market Distribution

In line with most companies in France
Percentile
32st
Based on 1 359 companies
32st percentile
10.8
Low
0.9 — 10.4
Typical Range
10.4 — 25.1
High
25.1 —
Distribution Statistics
France
Min 0.9
30th Percentile 10.4
Median 15.8
70th Percentile 25.1
Max 2 752.4

Wavestone SA
Glance View

Market Cap
1.1B EUR
Industry
Technology

Wavestone SA, a prominent player in the global consulting arena, has carved a niche by skillfully navigating the intersection of business and technology. Founded in France, the company thrives on its ability to guide organizations through transformative journeys, particularly in today's rapidly digitizing world. At the heart of Wavestone's operations is a comprehensive approach that covers a broad spectrum of services including IT strategy, cybersecurity, and operations management. Their consultants, often considered thought leaders, are adept at evaluating client needs, crafting tailored strategies, and implementing solutions that drive efficiency and innovation. This full-spectrum service model not only fortifies Wavestone's position in the consulting sector but also fuels its growth, appealing to a diverse clientele ranging from multinational corporations to government bodies. Financially, Wavestone generates revenue through a dynamic client engagement process. Essentially, companies enlist Wavestone's expertise on a project basis or through ongoing advisory agreements, creating a steady pipeline of income. Their business model is rooted in delivering measurable value which is achieved by meticulously assessing performance metrics and outcomes. This results-oriented approach ensures that clients perceive tangible benefits from their investment in Wavestone's services. Moreover, the company's adaptability to changes and trends in technology and business environments bolsters its ability to capture and sustain market share. By continuously evolving its service offerings to meet emerging demands, Wavestone not only maintains long-term relationships with its clients but also unlocks new opportunities for expansion and profitability.

WAVE Intrinsic Value
62.08 EUR
Undervaluation 27%
Intrinsic Value
Price €45.45
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