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cBrain A/S (CBRAIN.CO)

DKK50.50 +0.85 (+1.71%)
DK CPH Technology Software - Application
Address Kalkbrænderiløbskaj 2 2100
Copenhagen, DK
CEO Per Tejs Knudsen
Website cbrain.com
IPO 2006-03-22
ISIN DK0060030286

Explore sections of this company profile

Also trades on London Stock Exchange · 0DWV.L (DKK) NASDAQ Copenhagen · CBRAIN.CO (DKK)
Description

cBrain A/S, a software company, provides software solutions for government, private, education, and non-profit sectors in Denmark, the European Union, and internationally. The company offers F2 Digital Platform, an integrated software solution that manages cases and documents for government routines and compliance. It also provides Artificial Intelligence (AI) products, such as AI task specialist and assistant; case management and workflow automation comprising case folders and templates; FOI and request management, including request type and FOI requests; and document and records management, such as documents, document templates, records, and file plans platforms. It also offers approval and requests, including administrator approvals and approvals; collaboration and communication comprising communication and chat; and citizen portals and self-services, including self-service configuration and citizen facing portals platforms. In addition, the company provides software subscription and licenses; software-as-a-service; and customization, configuration, maintenance, operation, and support services for software. Further, it offers consultancy, education, and training services. Additionally, the company provides integration and data infrastructure; identity and access management; search and data access; and security and compliance platforms. It serves ministries; agencies; municipalities; cities; and universities. cBrain A/S was founded in 1999 and is headquartered in Copenhagen, Denmark.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
DKK50.50 +0.85 (+1.71%)
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Volume Profile
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Liquidity & share structure
Average Volume
43.7K
Beta
1.01
Float Shares
10.30M
Free Float %
52.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.51% -3.12% -8.95% -10.33% -60.46% -46.94% -64.46% -55.30% -74.73% +38.82% +807.69%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
50.50
DCF (Unlevered) 22.54 -55.4%
DCF (Levered) 7.90 -84.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
13.73
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Software - Application: +13.0%
    -6.2% Q4'25: +10.8% (vs Q4'23)
  • EPS growth Software - Application: +28.6%
    -33.5% Q4'25: -29.7% (vs Q4'23)
  • FCF margin FCF growth · Software - Application: +45.3%
    +35.5% Q4'25: +39.2% (vs Q4'23)
  • EBIT margin Software - Application: +9.4%
    +23.4% Q4'25: +21.8% (vs Q4'23)
  • ROIC Software - Application: +7.5%
    +14.8% Q4'25: +26.0% (vs Q4'23)
  • Share dilution Software - Application: +0.0%
    0.0% Q4'25: 0.0% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    0.32× Q4'25: 0.17× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.03) × ERP
WACC = 98% × Ke + 2% × Kd (7.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 22.54 Current price: 50.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
120.12M
est: 119.40M (+0.6%)
154.66M
est: 153.58M (+0.7%)
187.92M
est: 189.22M (-0.7%)
239.18M
est: 246.58M (-3.0%)
267.78M
est: 269.21M (-0.5%)
251.26M
est: 250.10M (+0.5%)
286.00M
286.00M – 286.00M
+14.4% YoY
339.05M
339.05M – 339.05M
+18.5% YoY
394.50M
394.50M – 394.50M
+16.4% YoY
EBITDA
24.46M
est: 39.42M (-37.9%)
44.88M
est: 50.70M (-11.5%)
53.59M
est: 62.47M (-14.2%)
107.07M
est: 114.18M (-6.2%)
113.58M
est: 124.65M (-8.9%)
87.52M
est: 115.81M (-24.4%)
132.43M
132.43M – 132.43M
+14.4% YoY
156.99M
156.99M – 156.99M
+18.5% YoY
182.67M
182.67M – 182.67M
+16.4% YoY
EBIT
20.42M
est: 32.98M (-38.1%)
39.51M
est: 42.42M (-6.9%)
49.76M
est: 52.27M (-4.8%)
85.90M
est: 61.18M (+40.4%)
88.82M
est: 66.79M (+33.0%)
58.73M
est: 62.05M (-5.4%)
70.96M
70.96M – 70.96M
+14.4% YoY
84.12M
84.12M – 84.12M
+18.5% YoY
97.88M
97.88M – 97.88M
+16.4% YoY
Net Income
15.54M
est: 15.65M (-0.7%)
31.01M
est: 24.44M (+26.8%)
38.38M
est: 34.63M (+10.8%)
63.18M
est: 58.78M (+7.5%)
64.82M
est: 63.08M (+2.7%)
43.12M
est: 33.55M (+28.5%)
51.83M
51.83M – 51.83M
+54.5% YoY
71.59M
71.59M – 71.59M
+38.1% YoY
90.17M
90.17M – 90.17M
+26.0% YoY
SGA
19.97M
est: 17.47M (+14.3%)
19.76M
est: 22.48M (-12.1%)
29.49M
est: 27.69M (+6.5%)
34.34M
est: 35.24M (-2.6%)
36.78M
est: 38.47M (-4.4%)
37.44M
est: 35.74M (+4.7%)
40.87M
40.87M – 40.87M
+14.4% YoY
48.45M
48.45M – 48.45M
+18.5% YoY
56.38M
56.38M – 56.38M
+16.4% YoY
EPS
0.79
est: 0.80 (-1.3%)
1.57
est: 1.25 (+25.6%)
1.96
est: 1.77 (+10.7%)
3.23
est: 3.01 (+7.5%)
3.31
est: 3.23 (+2.6%)
2.20
est: 1.72 (+28.3%)
2.65
2.65 – 2.65
+54.5% YoY
3.66
3.66 – 3.66
+38.1% YoY
4.61
4.61 – 4.61
+26.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 3/5 4/5 5/5 3/5 1/5 1/5
2026-05-28 B 3/5 3/5 4/5 5/5 3/5 1/5 1/5
2026-05-27 B 3/5 3/5 4/5 5/5 3/5 1/5 1/5
2026-05-26 B 3/5 3/5 4/5 5/5 3/5 1/5 1/5
2026-05-22 B 3/5 3/5 4/5 5/5 3/5 1/5 1/5
2026-05-21 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-05-20 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-05-19 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-05-18 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-05-13 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-05-12 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-05-11 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-05-08 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-07 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-06 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-05 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-04 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-04-30 B+ 3/5 2/5 4/5 5/5 3/5 2/5 2/5
2026-04-29 B+ 3/5 2/5 4/5 5/5 3/5 2/5 2/5
2026-04-28 B+ 3/5 2/5 4/5 5/5 3/5 2/5 2/5
2026-04-27 B+ 3/5 2/5 4/5 5/5 3/5 2/5 2/5
2026-04-24 B 3/5 2/5 4/5 5/5 3/5 1/5 2/5
2026-04-23 B 3/5 2/5 4/5 5/5 3/5 1/5 2/5
2026-04-22 B 3/5 2/5 4/5 5/5 3/5 1/5 2/5
2026-04-21 B 3/5 2/5 4/5 5/5 3/5 1/5 2/5
2026-04-20 B 3/5 2/5 4/5 5/5 3/5 1/5 2/5
2026-04-17 B 3/5 2/5 4/5 5/5 2/5 1/5 2/5
2026-04-16 B 3/5 2/5 4/5 5/5 2/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
186.76M
OE per share TTM
9.47
Owner's Yield
16.19%
Maintenance CapEx ratio
34.24%
Maint CapEx / Avg PPE
74.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 5 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P International Small Cap ETF GWX 0.01% 72.5K 0.40%
2 Avantis International Small Cap Equity ETF AVDS 0.00% 6.3K 0.30%
3 State Street SPDR Portfolio Developed World ex-US ETF SPDW 0.00% 353.5K 0.03%
4 Avantis International Small Cap Value ETF AVDV 0.00% 3.4K 0.36%
5 Avantis Responsible International Equity ETF AVSD 0.00% 29.68 0.23%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
265.7K
Shares Outstanding
19.56M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Per Tejs Knudsen Founder, Chief Executive Officer & Director 3M male
Thomas Qvist Chief Technology Officer & Director 2M male
Lars Moller Christiansen Chief Financial Officer & Head of Investor Relations male
Michael Ekegren Christensen Chief Product Officer male
Robert Lentz Chief Operating Officer male
Charlotte Horn Andersen HR Director female
Tony Summerlin Chief Executive Officer of cBrain North America male
David Cotterill Chief Strategy Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits