mVISE is a German pioneer in the fast-moving market for mobile digitalisation, cloud applications and business integration. It is well-positioned for growth with an orientation to mobility (Industrie 4.0/M2M), cloud computing and security software. The company has an impressive portfolio of blue-chip consultancy clients, including Vodafone, Bosch and Deutsche Telekom, and is currently focused on deepening these relationships to drive growth in product and service revenues. After strong share price gains, mVISE still trades at significant multiple discount, on a current year prospective EV/EBITDA of 15.7x vs its peer group on 34.2x.
