XTRA:MUM

Stock Analysis Report

Mensch und Maschine Software

Executive Summary

Mensch und Maschine Software SE provides computer aided design and manufacturing (CAD/CAM), product data management, and building information modeling/management solutions in Germany and internationally.

Snowflake

Fundamentals

Outstanding track record with excellent balance sheet and pays a dividend.

Share Price & News

How has Mensch und Maschine Software's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

MUM

10.0%

DE Software

3.9%

DE Market


1 Year Return

17.5%

MUM

21.0%

DE Software

3.4%

DE Market

Return vs Industry: MUM exceeded the German Software industry which returned 21% over the past year.

Return vs Market: MUM exceeded the German Market which returned 3.4% over the past year.


Shareholder returns

MUMIndustryMarket
7 Day0.3%10.0%3.9%
30 Day7.3%6.8%2.1%
90 Day5.2%3.1%3.7%
1 Year19.7%17.5%22.6%21.0%6.7%3.4%
3 Year156.3%141.1%54.7%48.4%18.9%8.6%
5 Year544.9%478.1%144.4%127.1%41.8%22.5%

Price Volatility Vs. Market

How volatile is Mensch und Maschine Software's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mensch und Maschine Software undervalued compared to its fair value and its price relative to the market?

8.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: MUM (€32.2) is trading below our estimate of fair value (€34.99)

Significantly Undervalued: MUM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: MUM is poor value based on its PE Ratio (39.1x) compared to the Software industry average (36.6x).

PE vs Market: MUM is poor value based on its PE Ratio (39.1x) compared to the German market (19.4x).


Price to Earnings Growth Ratio

Low PEG Ratio: MUM is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: MUM is overvalued based on its PB Ratio (8.8x) compared to the DE Software industry average (3x).


Next Steps

Future Growth

How is Mensch und Maschine Software forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

15.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MUM's forecast earnings growth (15.9% per year) is above the savings rate (0.2%).

Earnings vs Market: MUM's earnings (15.9% per year) are forecast to grow faster than the German market (12.6% per year).

High Growth Earnings: MUM's earnings are forecast to grow, but not significantly.

Revenue vs Market: MUM's revenue (10.2% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: MUM's revenue (10.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: MUM's Return on Equity is forecast to be high in 3 years time (30%)


Next Steps

Past Performance

How has Mensch und Maschine Software performed over the past 5 years?

29.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MUM's earnings have grown significantly by 29.7% per year over the past 5 years.

Accelerating Growth: MUM's earnings growth over the past year (30.9%) exceeds its 5-year average (29.7% per year).

Earnings vs Industry: MUM earnings growth over the past year (30.9%) exceeded the Software industry 14.5%.


Return on Equity

High ROE: MUM's Return on Equity (22.7%) is considered high.


Return on Assets

ROA vs Industry: MUM has a higher Return on Assets than the Software industry average last year.


Return on Capital Employed

ROCE Improving: MUM has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Mensch und Maschine Software's financial position?


Financial Position Analysis

Short Term Liabilities: MUM's short term assets (€49.9M) exceeds its short term liabilities (€42.0M)

Long Term Liabilities: MUM's short term assets (49.9M) exceeds its long term liabilities (31.5M)


Debt to Equity History and Analysis

Debt Level: MUM's debt to equity ratio (42.8%) is considered high

Reducing Debt: MUM's debt to equity ratio has reduced from 117.2% to 42.8% over the past 5 years.

Debt Coverage: MUM's debt is well covered by operating cash flow (66.4%).

Interest Coverage: MUM's interest payments on its debt are well covered by EBIT (299.4x coverage).


Balance Sheet

Inventory Level: MUM has a low level of unsold assets or inventory.

Debt Coverage by Assets: MUM's debt is covered by short term assets (assets are 1.742460x debt).


Next Steps

Dividend

What is Mensch und Maschine Software's current dividend yield, its reliability and sustainability?

2.02%

Current Dividend Yield


Dividend Yield vs Market

company2.0%marketbottom25%1.5%markettop25%3.8%industryaverage1.3%forecastin3Years2.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: MUM's dividend (2.02%) is higher than the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: MUM's dividend (2.02%) is low compared to the top 25% of dividend payers in the German market (3.83%).

Stable Dividend: MUM's dividend payments have been volatile in the past 10 years.

Growing Dividend: MUM's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (78.9%), MUM's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MUM's dividends in 3 years are forecast to be covered by earnings (76.8% payout ratio).


Next Steps

Management

What is the CEO of Mensch und Maschine Software's salary, the management and board of directors tenure and is there insider trading?

0.7yrs

Average board tenure


CEO

Adi Drotleff 0

0yrs

Tenure

€236,000

Compensation

Mr. Adi Drotleff founded Mensch und Maschine Software SE and has been its Chairman of the Administrative Board since May 2006 and serves as its Chief Executive Officer and Member of Board of Managing Direc ...


Board Age and Tenure

0.7yrs

Average Tenure

Experienced Board: MUM's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Adi Drotleff

    Founder

    • Tenure: 0yrs
    • Compensation: €236.00k
  • Christoph Aschenbrenner

    COO & Member of Board of Managing Directors

    • Tenure: 5.3yrs
  • Markus Pech (45yo)

    CFO & Member of Board of Managing Directors

    • Tenure: 3.6yrs

Board Members

  • Adi Drotleff

    Founder

    • Tenure: 0yrs
    • Compensation: €236.00k
  • Heike Lies

    Deputy Chairwoman of Administrative Board

    • Tenure: 0.6yrs
  • Johannes Harl

    Administrative Board Member

    • Tenure: 0.7yrs

Company Information

Mensch und Maschine Software SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mensch und Maschine Software SE
  • Ticker: MUM
  • Exchange: XTRA
  • Founded: 1984
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €526.628m
  • Shares outstanding: 16.35m
  • Website: https://www.mum.de

Number of Employees


Location

  • Mensch und Maschine Software SE
  • Argelsrieder Feld 5
  • Wessling
  • Starnberg
  • Bavaria
  • 82234
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MUMDB (Deutsche Boerse AG)YesBearer Common StockDEEURAug 1997
MUMXTRA (XETRA Trading Platform)YesBearer Common StockDEEURAug 1997
0RS2LSE (London Stock Exchange)YesBearer Common StockGBEURAug 1997
MUMDBATS-CHIXE (BATS 'Chi-X Europe')YesBearer Common StockGBEURAug 1997

Biography

Mensch und Maschine Software SE provides computer aided design and manufacturing (CAD/CAM), product data management, and building information modeling/management solutions in Germany and internationally. I ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 20:52
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.