
37.20 EUR (+14.0%)
12 analysts
What does it do?
IONOS Group SE is a German provider of web hosting, cloud computing, and online presence solutions for SMEs and freelancers, operating under a recurring subscription model.
Listed on Xetra · Symbol IOS.DE · ETR: IOS · Currency EUR
Key points
from its scores- ✓High-quality business8.5
- ✓Favourable backdrop8.3
- ✓Attractive valuation7.5
- ✕Little or no dividend1.5
- ✕Weak growth4.2
AI analysis
bottom line, main risk, context and newsThe quality of the business and reasonable valuation offset the weak liquidity and the one-off profit decline.
IONOS Group SE shows exceptional quality with an ROE of 84.76% and an ROIC of 30.83%, supported by an operating margin of 27.63% and a gross margin of 60.14%. Revenue growth of 8.10% is solid, although the -13.60% decline in profit and low free cash flow conversion (51.60%) are points of attention. With a forward P/E of 14.41 and an FCF yield of 5.32%, the valuation is attractive for a company of this quality, although financial health (5.14) is weighed down by very low liquidity (0.28).
The main risk is the low liquidity ratio (0.28), which could limit financial flexibility in the face of unforeseen events or aggressive investments, along with the -13.60% profit decline that could indicate competitive pressure in the hosting sector.
Context and risks
IONOS Group SE shows no material exposure to current macro factors. Its hosting and cloud services business for European SMEs does not depend on commodities, shipping routes, or the hyperscaler AI capex cycle. The ECB rate hike could marginally affect its financing costs, but with a Net Debt/EBITDA of 1.85 the impact is limited and already reflected in the quantitative metrics.
Is IONOS Group stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 36% below the Technology median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 22.5 | 31.3 | −28% |
| EV / EBITDA | 11.6 | 20.4 | −43% |
| Price / book | 13.3 | 6.3 | +111% |
| Price / sales | 3.2 | 5.3 | −39% |
Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.
Valuation score: 7.5 out of 10 (median for Technology: 5.3).
Average analyst target: 37.20 EUR, +14.0% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 5.1 (sector 6.9), Growth 4.2 (sector 7.5).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Technology medianValuation
- P/E
- 22.5
- Forward P/E
- 14.4
- EV / EBITDA
- 11.6
- Price / book
- 13.3
- Price / sales
- 3.2
- Market cap
- 4.4B EUR
- Enterprise value
- 5.2B EUR
Profitability
- ROE
- 84.8%
- ROA
- 14.2%
- ROIC (approx.)
- 30.8%
- Gross margin
- 60.1%
- Operating margin
- 27.6%
- Net margin
- 16.3%
- Free cash flow
- 234.3M EUR
- FCF yield
- 5.3%
- Cash conversion
- 52%
Solvency
- Total debt
- 889.4M EUR
- Net debt
- 842.3M EUR
- Cash
- 47.1M EUR
- EBITDA
- 454.0M EUR
- Net debt / EBITDA
- 1.85
- Debt / equity
- 268.18
- Current ratio
- 0.28
- Quick ratio
- 0.20
Growth
- Revenue growth
- +8.1%
- Earnings growth
- −13.6%
- EPS (TTM)
- 1.45 EUR
- EPS (forward)
- 2.26 EUR
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 0.58
- Analyst consensus
- Buy (12)
- Target price
- 37.20 EUR
- 52-week range
- 20.90 – 35.68
Recent news
All IOS.DE news →Compare it with its sector
All 283 in Technology →Frequently asked questions about IONOS Group
Is IONOS Group stock cheap or expensive?
On P/E and EV / EBITDA, it trades 36% below the Technology median on average. Valuation score: 7.5 out of 10 (median for Technology: 5.3). Average analyst target: 37.20 EUR, +14.0% versus the price. This is not investment advice.
What score does IONOS Group get on MeridIAn Screener?
It scores 6.8 out of 10, rank 324 of 2,130 (better than 83% of the companies analysed). Its strongest category is Quality / Moat (8.5) and its weakest, Dividend (1.5). Analysis of 08/10/2026.
What is IONOS Group's P/E ratio?
Its P/E is 22.5: the share price equals 22.5 times earnings per share over the last 12 months. The Technology median is 31.3. Based on the earnings analysts expect, the forward P/E is 14.4.
How much is IONOS Group worth on the stock market?
Its market capitalisation is 4.4B EUR and its enterprise value, debt included, is 5.2B EUR.
How much debt does IONOS Group have?
Its net debt (debt minus cash) is 842.3M EUR. That is 1.85 times its EBITDA; the Technology median is 0.20.
Does IONOS Group pay a dividend?
It pays no dividend, or almost none.
How has IONOS Group stock performed over the last year?
It has risen 0.1% over the last year, excluding dividends. Over the last 52 weeks it has traded between 20.90 and 35.68 EUR. Past performance does not guarantee future results.
What do analysts think of IONOS Group?
12 analysts cover it; their average recommendation is “Buy” and their average target is 37.20 EUR (+14.0% versus the price). It is an estimate, not market data.
