Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
PSAN.DEthis companyPSI Software SE	€45.00	-22.06×	10.41×	2.45×	-36.39×	-85.6%	8.0%	-12.4%	-11.1%	-47.1%	-19.4%	1.4%	1.2×	-2.57×	-8.65×	1.16×	0.0%	4	2.89	1	D+
ADN1.DEadesso SE	€69.70	31.34×	2.99×	0.39×	6.94×	291.2%	13.4%	3.0%	1.2%	9.6%	3.7%	10.8%	1.75×	2.1×	3.27×	1.24×	0.9%	5	2.43	3	B+
COK.DECancom SE	€20.30	28.97×	1.53×	0.49×	9.18×	152.7%	7.1%	1.6%	1.7%	5.3%	2.6%	14.7%	0.38×	0.07×	3.21×	1.15×	3.8%	4	1.9	4	A-
MUB.DEMühlbauer Holding AG	€42.60	22.41×	2.16×	1.14×	4.66×	-164.5%	25.5%	16.2%	5.1%	9.6%	9.6%	4.1%	0×	-0.69×	0×	2.35×	3.8%	6	3.07	4	A-
MUM.DEMensch und Maschine Software SE	€33.05	23.53×	9.52×	3.14×	15.58×	-33.5%	25.2%	16.3%	13.3%	40.4%	20.3%	1.9%	0.63×	0.67×	49.58×	1×	4.1%	6	5.35	4	A-
NA9.DENagarro SE	€78.65	24.76×	6.3×	0.98×	10.18×	25.9%	27.3%	10.0%	4.0%	25.5%	10.2%	9.7%	2.47×	2.12×	5.01×	2.27×	1.3%	7	3.5	4	A-
Peer median	—	24.76×	2.99×	0.98×	9.18×	25.9%	25.2%	10.0%	4.0%	9.6%	9.6%	9.7%	0.63×	0.67×	3.27×	1.24×	3.8%	6	3.07	4	—