(TEMN) Temenos - SW
Sector: Technology | Industry: Software - Application | Exchange: SW (Switzerland) | Market Cap: 4.436m CHF | Total Return: 10.9% in 12m
Avg Turnover: 12.7M
EPS Trend: 96.6%
Qual. Beats: 0
Rev. Trend: 98.8%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Temenos AG is a Switzerland-based provider of integrated banking software systems, serving financial institutions across major global markets including North America, Europe, and Asia-Pacific. The company operates through a dual-segment model: the Product segment focuses on software licensing, subscriptions, and cloud hosting, while the Services segment handles implementation, consulting, and professional training.
The company specializes in core banking modernization, offering modular platforms for retail, corporate, and wealth management sectors. As financial institutions face increasing pressure to transition from legacy on-premise infrastructure to cloud-native architectures, Temenos utilizes a high-retention subscription model that generates recurring revenue through maintenance and hosting fees.
For a detailed breakdown of the companys valuation metrics and historical performance, consider reviewing the data available on ValueRay.
- SaaS transition accelerates recurring revenue growth and subscription transition
- Cloud adoption among Tier 1 banks drives license volume
- Operational margins expand through cost efficiency and services automation
- Independent board investigation clears company of short-seller fraud allegations
| Net Income: 291.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.21 > 0.02 and ΔFCF/TA 8.29 > 1.0 |
| NWC/Revenue: -41.23% < 20% (prev -41.33%; Δ 0.10% < -1%) |
| CFO/TA 0.23 > 3% & CFO 510.7m > Net Income 291.9m |
| Net Debt (679.8m) to EBITDA (656.5m): 1.04 < 3 |
| Current Ratio: 0.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (68.5m) vs 12m ago -5.58% < -2% |
| Gross Margin: 73.98% > 18% (prev 65.63%; Δ 8.35% > 0.5%) |
| Asset Turnover: 49.39% > 50% (prev 45.14%; Δ 4.25% > 0%) |
| Interest Coverage Ratio: 26.07 > 6 (EBIT TTM 527.5m / Interest Expense TTM 20.2m) |
| A: -0.21 (Total Current Assets 430.5m - Total Current Liabilities 889.4m) / Total Assets 2.19b |
| B: 0.67 (Retained Earnings 1.47b / Total Assets 2.19b) |
| C: 0.23 (EBIT TTM 527.5m / Avg Total Assets 2.25b) |
| D: 0.23 (Book Value of Equity 415.0m / Total Liabilities 1.77b) |
| Altman-Z'' = 2.63 = A |
| DSRI: 0.99 (Receivables 293.8m/277.7m, Revenue 1.11b/1.05b) |
| GMI: 0.89 (GM 65.63% / 73.98%) |
| AQI: 1.12 (AQ_t 0.78 / AQ_t-1 0.70) |
| SGI: 1.06 (Revenue 1.11b / 1.05b) |
| TATA: -0.10 (NI 291.9m - CFO 510.7m) / TA 2.19b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of June 19, 2026, the stock is trading at CHF 64.65 with a total of 202,617 shares traded.
Over the past week, the price has changed by -1.41%,
over one month by -6.88%,
over three months by -11.24% and
over the past year by +10.94%.
Temenos has no consensus analysts rating.
Market Cap USD = 5.55b (4.44b CHF * 1.2511 CHF.USD)
P/E Trailing = 19.2515
P/E Forward = 17.2117
P/S = 3.9904
P/B = 13.0371
P/EG = 3.187
Revenue TTM = 1.11b USD
EBIT TTM = 527.5m USD
EBITDA TTM = 656.5m USD
Long Term Debt = 769.4m USD (from longTermDebt, last fiscal year)
Short Term Debt = 20.3m USD (from shortTermDebt, last quarter)
Debt = 816.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 32.5m
Net Debt = 679.8m USD (calculated: Debt 816.4m - CCE 136.7m)
Enterprise Value = 6.23b USD (5.55b + Debt 816.4m - CCE 136.7m)
Interest Coverage Ratio = 26.07 (Ebit TTM 527.5m / Interest Expense TTM 20.2m)
EV/FCF = 13.66x (Enterprise Value 6.23b / FCF TTM 456.1m)
FCF Yield = 7.32% (FCF TTM 456.1m / Enterprise Value 6.23b)
FCF Margin = 40.97% (FCF TTM 456.1m / Revenue TTM 1.11b)
Net Margin = 26.23% (Net Income TTM 291.9m / Revenue TTM 1.11b)
Gross Margin = 73.98% ((Revenue TTM 1.11b - Cost of Revenue TTM 289.6m) / Revenue TTM)
Gross Margin QoQ = 60.64% (prev 85.06%)
Tobins Q-Ratio = 2.84 (Enterprise Value 6.23b / Total Assets 2.19b)
Interest Expense / Debt = 2.48% (Interest Expense 20.2m / Debt 816.4m)
Taxrate = 16.41% (60.3m / 367.6m)
NOPAT = 440.9m (EBIT 527.5m * (1 - 16.41%))
Current Ratio = 0.48 (Total Current Assets 430.5m / Total Current Liabilities 889.4m)
Debt / Equity = 1.97 (Debt 816.4m / totalStockholderEquity, last quarter 415.0m)
Debt / EBITDA = 1.04 (Net Debt 679.8m / EBITDA 656.5m)
Debt / FCF = 1.49 (Net Debt 679.8m / FCF TTM 456.1m)
Total Stockholder Equity = 465.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.95% (Net Income 291.9m / Total Assets 2.19b)
RoE = 62.76% (Net Income TTM 291.9m / Total Stockholder Equity 465.2m)
RoCE = 42.73% (EBIT 527.5m / Capital Employed (Equity 465.2m + L.T.Debt 769.4m))
RoIC = 34.86% (NOPAT 440.9m / Invested Capital 1.26b)
WACC = 8.08% (E(5.55b)/V(6.37b) * Re(8.96%) + D(816.4m)/V(6.37b) * Rd(2.48%) * (1-Tc(0.16)))
Discount Rate = 8.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -73.33 | Cagr: -2.88%
[DCF] Terminal Value 77.97% ; FCFF base≈390.0m ; Y1≈447.0m ; Y5≈657.9m
[DCF] Fair Price = 137.0 (EV 9.90b - Net Debt 679.8m = Equity 9.22b / Shares 67.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.63 | EPS CAGR: 18.28% | SUE: 0.21 | # QB: 0
Revenue Correlation: 98.78 | Revenue CAGR: 5.44% | SUE: 0.30 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.29 | Chg30d=+0.00% | Revisions=+11% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.07 | Chg30d=+0.00% | Revisions=+11% | Analysts=5
EPS current Year (2026-12-31): EPS=4.62 | Chg30d=-0.00% | Revisions=+33% | GrowthEPS=+6.5% | GrowthRev=+6.7%
EPS next Year (2027-12-31): EPS=5.09 | Chg30d=+0.01% | Revisions=+43% | GrowthEPS=+10.2% | GrowthRev=+7.1%
[Analyst] Revisions Ratio: +43%