XTRA:NEM

Stock Analysis Report

Executive Summary

Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets worldwide.

Snowflake

Fundamentals

Solid track record with moderate growth potential.


Similar Companies

Share Price & News

How has Nemetschek's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NEM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.7%

NEM

-0.3%

DE Software

-0.5%

DE Market


1 Year Return

62.7%

NEM

38.7%

DE Software

12.2%

DE Market

Return vs Industry: NEM exceeded the German Software industry which returned 38.7% over the past year.

Return vs Market: NEM exceeded the German Market which returned 12.2% over the past year.


Shareholder returns

NEMIndustryMarket
7 Day2.7%-0.3%-0.5%
30 Day15.4%6.4%4.4%
90 Day9.0%11.8%11.1%
1 Year63.7%62.7%40.6%38.7%15.8%12.2%
3 Year202.8%196.2%63.5%56.9%24.7%13.8%
5 Year781.3%741.6%139.5%122.4%35.0%16.6%

Price Volatility Vs. Market

How volatile is Nemetschek's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Nemetschek undervalued compared to its fair value and its price relative to the market?

52.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NEM (€54) is trading above our estimate of fair value (€27.59)

Significantly Below Fair Value: NEM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NEM is poor value based on its PE Ratio (52.3x) compared to the Software industry average (38.1x).

PE vs Market: NEM is poor value based on its PE Ratio (52.3x) compared to the German market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: NEM is poor value based on its PEG Ratio (5x)


Price to Book Ratio

PB vs Industry: NEM is overvalued based on its PB Ratio (19.4x) compared to the DE Software industry average (3.1x).


Next Steps

Future Growth

How is Nemetschek forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NEM's forecast earnings growth (10.5% per year) is above the savings rate (0.2%).

Earnings vs Market: NEM's earnings (10.5% per year) are forecast to grow slower than the German market (12.9% per year).

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

Revenue vs Market: NEM's revenue (13.2% per year) is forecast to grow faster than the German market (4.8% per year).

High Growth Revenue: NEM's revenue (13.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NEM's Return on Equity is forecast to be high in 3 years time (28.9%)


Next Steps

Past Performance

How has Nemetschek performed over the past 5 years?

25.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NEM has large one-off items impacting its financial results.

Growing Profit Margin: NEM's current net profit margins (22.2%) are higher than last year (19.3%).


Past Earnings Growth Analysis

Earnings Trend: NEM's earnings have grown significantly by 25.8% per year over the past 5 years.

Accelerating Growth: NEM's earnings growth over the past year (41.2%) exceeds its 5-year average (25.8% per year).

Earnings vs Industry: NEM earnings growth over the past year (41.2%) exceeded the Software industry 14.8%.


Return on Equity

High ROE: NEM's Return on Equity (37.1%) is considered high.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Nemetschek's financial position?


Financial Position Analysis

Short Term Liabilities: NEM's short term assets (€263.5M) do not cover its short term liabilities (€285.0M)

Long Term Liabilities: NEM's short term assets (€263.5M) exceeds its long term liabilities (223.9M)


Debt to Equity History and Analysis

Debt Level: NEM's debt to equity ratio (58.1%) is considered high.

Reducing Debt: NEM's debt to equity ratio has increased from 2.8% to 58.1% over the past 5 years.

Debt Coverage: NEM's debt is well covered by operating cash flow (75.9%).

Interest Coverage: NEM's interest payments on its debt are well covered by EBIT (58.5x coverage).


Balance Sheet

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

Debt Coverage by Assets: NEM's debt is covered by short term assets (assets are 1.4x debt).


Next Steps

Dividend

What is Nemetschek's current dividend yield, its reliability and sustainability?

0.50%

Current Dividend Yield


Dividend Yield vs Market

company0.5%marketbottom25%1.3%markettop25%3.7%industryaverage1.2%forecastin3Years0.8%

Current dividend yield vs market & industry

Notable Dividend: NEM's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.35%).

High Dividend: NEM's dividend (0.5%) is low compared to the top 25% of dividend payers in the German market (3.7%).


Stability and Growth of Payments

Stable Dividend: NEM is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: NEM is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: NEM is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NEM's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Nemetschek's salary, the management and board of directors tenure and is there insider trading?

5.7yrs

Average management tenure


CEO

Harald Egel 0

0yrs

Tenure

0

Mr. Harald Egel is the Co-Founder of MAXON Computer GmbH and serves as its Chief Executive Officer Managing Partner. Mr. Egel served as Managing Director of MAXON Computer GmbH. 


Management Age and Tenure

5.7yrs

Average Tenure

48yo

Average Age

Experienced Management: NEM's management team is seasoned and experienced (5.7 years average tenure).


Board Age and Tenure

14.0yrs

Average Tenure

67yo

Average Age

Experienced Board: NEM's board of directors are seasoned and experienced ( 14 years average tenure).


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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Georg Nemetschek (85yo)

    Founder & Deputy Chairman of the Supervisory Board

    • Tenure: 17yrs
  • Viktor Várkonyi (52yo)

    Chief Division Officer of Planning & Design Division and Member of Executive Board

    • Tenure: 6yrs
    • Compensation: €895.00k
  • Koen Matthijs (48yo)

    Chief Division Officer of Operate & Manage Division

    • Tenure: 0.8yrs
  • Stefanie Zimmermann

    Head of Investor Relations & Corporate Communication

    • Tenure: 0yrs
  • Uwe Baertels

    Chief Financial Officer of MAXON Computers GmbH and Managing Partner of MAXON Computers GmbH

    • Tenure: 0yrs
  • Harald Egel

    Chief Executive Officer of MAXON Computers GmbH and Managing Partner of MAXON Computers GmbH

    • Tenure: 0yrs
  • Harald Schneider

    Managing Partner of MAXON Computers GmbH and Chief Technology Officer of MAXON Computers GmbH

    • Tenure: 0yrs
  • Matthias Glaser

    Managing Director of Glaser

    • Tenure: 0yrs
  • Patrik Heider (46yo)

    Spokesman of the Executive Board and Chief Financial & Operations Officer

    • Tenure: 5.7yrs
    • Compensation: €824.00k
  • Jon Elliott (43yo)

    Chief Division Officer of Build & Construct Div

    • Tenure: 0.7yrs

Board Members

  • Georg Nemetschek (85yo)

    Founder & Deputy Chairman of the Supervisory Board

    • Tenure: 17yrs
  • Kurt Dobitsch (65yo)

    Chairman of the Supervisory Board

    • Tenure: 11.8yrs
  • Rüdiger Herzog (69yo)

    Member of the Supervisory Board

    • Tenure: 16.3yrs
  • Bill Krouch (60yo)

    Member of Supervisory Board

    • Tenure: 1.5yrs

Company Information

Nemetschek SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nemetschek SE
  • Ticker: NEM
  • Exchange: XTRA
  • Founded: 1963
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €6.237b
  • Shares outstanding: 115.50m
  • Website: https://www.nemetschek.com

Number of Employees


Location

  • Nemetschek SE
  • Konrad-Zuse-Platz 1
  • Munich
  • 81829
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NEMDB (Deutsche Boerse AG)YesCommon Bearer SharesDEEURMar 1999
NEMXTRA (XETRA Trading Platform)YesCommon Bearer SharesDEEURMar 1999
0FDTLSE (London Stock Exchange)YesCommon Bearer SharesGBEURMar 1999
NEMT.FOTCPK (Pink Sheets LLC)YesCommon Bearer SharesUSUSDMar 1999
NEMDBATS-CHIXE (BATS 'Chi-X Europe')YesCommon Bearer SharesGBEURMar 1999
NEMWBAG (Wiener Boerse AG)YesCommon Bearer SharesATEURMar 1999
NEMASWX (SIX Swiss Exchange)YesCommon Bearer SharesCHCHFMar 1999

Biography

Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets worldwide. It operates through four segments: Design, Build, Manage, and Media & Ente ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/19 21:04
End of Day Share Price2019/11/19 00:00
Earnings2019/09/30
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.