(OVH) OVH e SAS - Overview
Stock: Dedicated Servers, Private Cloud, Public Cloud, Web Hosting, Domain Services
| Risk 5d forecast | |
|---|---|
| Volatility | 69.4% |
| Relative Tail Risk | -23.1% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.40 |
| Alpha | 13.41 |
| Character TTM | |
|---|---|
| Beta | -0.536 |
| Beta Downside | -1.667 |
| Drawdowns 3y | |
|---|---|
| Max DD | 68.95% |
| CAGR/Max DD | -0.21 |
Description: OVH OVH e SAS January 16, 2026
OVH Groupe S.A. (ticker OVH) is a French-based provider of cloud-infrastructure services, offering a portfolio that spans Bare-Metal (dedicated) servers, fully managed private cloud, public cloud on shared hardware, and a suite of web-cloud products such as shared hosting, domain registration, VoIP, and internet access. The business is organized into three reporting segments: Private Cloud, Public Cloud, and Web Cloud & Other.
Key operational metrics (as of FY 2023) show a ~22 % year-over-year revenue growth, driven primarily by a ~30 % increase in public-cloud consumption and a ~15 % rise in private-cloud contracts, while EBITDA margin stabilized around 12 % after a 2022 expansion-related dip. The company operates ~30 data centers across Europe, North America, and Asia-Pacific, giving it a strategic advantage in the EU-centric “data-sovereignty” market, a sector driver that has accelerated demand for locally hosted cloud services.
Macro-level, global cloud-spending is projected to grow at a ~19 % CAGR through 2027 (Gartner), with European regulators increasingly favoring providers that can guarantee data residency-an environment that aligns with OVH’s “European-first” positioning. However, the firm faces competitive pressure from hyperscale players (AWS, Azure, Google Cloud) that benefit from larger economies of scale and deeper service breadth, which could constrain OVH’s market-share gains unless it continues to differentiate on price-performance and compliance.
For a deeper quantitative view, you may want to explore ValueRay’s detailed financial models for OVH to assess how these dynamics translate into valuation upside.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 14.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 3.06 > 1.0 |
| NWC/Revenue: -18.93% < 20% (prev -15.87%; Δ -3.06% < -1%) |
| CFO/TA 0.25 > 3% & CFO 421.6m > Net Income 14.2m |
| Net Debt (117.3m) to EBITDA (307.9m): 0.38 < 3 |
| Current Ratio: 0.46 > 1.5 & < 3 |
| Outstanding Shares: last quarter (150.4m) vs 12m ago -32.24% < -2% |
| Gross Margin: 73.56% > 18% (prev 0.91%; Δ 7266 % > 0.5%) |
| Asset Turnover: 61.74% > 50% (prev 82.85%; Δ -21.11% > 0%) |
| Interest Coverage Ratio: 1.65 > 6 (EBITDA TTM 307.9m / Interest Expense TTM 36.5m) |
Altman Z'' -0.96
| A: -0.12 (Total Current Assets 170.7m - Total Current Liabilities 368.1m) / Total Assets 1.71b |
| B: -0.12 (Retained Earnings -208.5m / Total Assets 1.71b) |
| C: 0.04 (EBIT TTM 60.2m / Avg Total Assets 1.69b) |
| D: -0.04 (Book Value of Equity -74.4m / Total Liabilities 1.67b) |
| Altman-Z'' Score: -0.96 = CCC |
Beneish M -1.93
| DSRI: 2.56 (Receivables 78.0m/40.4m, Revenue 1.04b/1.38b) |
| GMI: 1.23 (GM 73.56% / 90.65%) |
| AQI: 1.04 (AQ_t 0.24 / AQ_t-1 0.23) |
| SGI: 0.75 (Revenue 1.04b / 1.38b) |
| TATA: -0.24 (NI 14.2m - CFO 421.6m) / TA 1.71b) |
| Beneish M-Score: -1.93 (Cap -4..+1) = B |
What is the price of OVH shares?
Over the past week, the price has changed by -8.68%, over one month by +21.17%, over three months by +17.88% and over the past year by +14.25%.
Is OVH a buy, sell or hold?
What are the forecasts/targets for the OVH price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 8.6 | -5.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 9.2 | 1% |
OVH Fundamental Data Overview February 02, 2026
P/E Forward = 47.619
P/S = 1.3819
P/B = 52.958
Revenue TTM = 1.04b EUR
EBIT TTM = 60.2m EUR
EBITDA TTM = 307.9m EUR
Long Term Debt = 1.13b EUR (from longTermDebt, two quarters ago)
Short Term Debt = 44.7m EUR (from shortTermDebt, last quarter)
Debt = 117.3m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 117.3m EUR (from netDebt column, last quarter)
Enterprise Value = 1.57b EUR (1.50b + Debt 117.3m - CCE 41.9m)
Interest Coverage Ratio = 1.65 (Ebit TTM 60.2m / Interest Expense TTM 36.5m)
EV/FCF = 39.08x (Enterprise Value 1.57b / FCF TTM 40.3m)
FCF Yield = 2.56% (FCF TTM 40.3m / Enterprise Value 1.57b)
FCF Margin = 3.86% (FCF TTM 40.3m / Revenue TTM 1.04b)
Net Margin = 1.36% (Net Income TTM 14.2m / Revenue TTM 1.04b)
Gross Margin = 73.56% ((Revenue TTM 1.04b - Cost of Revenue TTM 275.7m) / Revenue TTM)
Gross Margin QoQ = 74.19% (prev 73.25%)
Tobins Q-Ratio = 0.92 (Enterprise Value 1.57b / Total Assets 1.71b)
Interest Expense / Debt = 11.62% (Interest Expense 13.6m / Debt 117.3m)
Taxrate = 40.54% (2.77m / 6.83m)
NOPAT = 35.8m (EBIT 60.2m * (1 - 40.54%))
Current Ratio = 0.46 (Total Current Assets 170.7m / Total Current Liabilities 368.1m)
Debt / Equity = 4.13 (Debt 117.3m / totalStockholderEquity, last quarter 28.4m)
Debt / EBITDA = 0.38 (Net Debt 117.3m / EBITDA 307.9m)
Debt / FCF = 2.91 (Net Debt 117.3m / FCF TTM 40.3m)
Total Stockholder Equity = 219.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.84% (Net Income 14.2m / Total Assets 1.71b)
RoE = 6.44% (Net Income TTM 14.2m / Total Stockholder Equity 219.8m)
RoCE = 4.45% (EBIT 60.2m / Capital Employed (Equity 219.8m + L.T.Debt 1.13b))
RoIC = 4.62% (NOPAT 35.8m / Invested Capital 775.2m)
WACC = 4.16% (E(1.50b)/V(1.62b) * Re(3.94%) + D(117.3m)/V(1.62b) * Rd(11.62%) * (1-Tc(0.41)))
Discount Rate = 3.94% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -9.74%
[DCF Debug] Terminal Value 88.43% ; FCFF base≈40.3m ; Y1≈49.7m ; Y5≈84.6m
Fair Price DCF = 15.61 (EV 2.46b - Net Debt 117.3m = Equity 2.35b / Shares 150.4m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 8.07 | EPS CAGR: -9.51% | SUE: 0.0 | # QB: 0
Revenue Correlation: 43.87 | Revenue CAGR: 16.00% | SUE: -0.02 | # QB: 0
EPS current Year (2026-08-31): EPS=0.28 | Chg30d=-0.025 | Revisions Net=-1 | Growth EPS=+2048.5% | Growth Revenue=+5.7%
EPS next Year (2027-08-31): EPS=0.43 | Chg30d=+0.005 | Revisions Net=+3 | Growth EPS=+52.3% | Growth Revenue=+8.3%