SIMCORP A/S | UNDERVALUED | MARGIN OF SAFETY 47%

Hello investors! It has been a while since I posted my latest investing idea/opprotunity.

I have been researching SIMCORP A/S for a while now.
For my intrinsic value I used a formula from "RULE 1 Investing" by Phil Town.
I have calculated 3 differend intrinsic values for 3 differend scenarios.

Optimistic: 1999,61 kr
Neutral: 1282,01 kr
Pesimistic: 837,64 kr

Actual value at the moment: 678,40 kr
This gives us a margin of safety of the neutral scenario of 47 %.

I would recommend to put STOP LOSS and TAKE PROFIT in the areas shown, but maybe consider the stock to be a long term buy, given the undervaluation, that you do not see often these days.
This makes SIMCORP A/S seem like a nice buy. In 2020 the stock value and company revenue has dropped by a lot, but looking into 2021 data gives me a strong confidence, that the stock should grow in the future.
I would like You to give any kind of feedback on my idea and maybe point out any flaws within the company, that can lead to stock price drop.

I wish you all successful investing!