DB: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

Flawless balance sheet with outstanding track record and pays a dividend.

Risks

  • Mensch und Maschine Software is covered by less than 3 analysts.

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

-7.0%

DB:MUM

-7.3%

DE Software

-0.7%

DE Market


1 Year Return

17.8%

DB:MUM

11.4%

DE Software

-7.6%

DE Market

MUM outperformed the Software industry which returned 11.3% over the past year.

MUM outperformed the Market in Germany which returned -8.5% over the past year.


Share holder returns

MUMIndustryMarket
7 Day-7.0%-7.3%-0.7%
30 Day-11.9%-3.4%-0.5%
90 Day-10.3%10.4%-3.8%
1 Year19.9%17.8%12.9%11.4%-4.6%-7.6%
3 Year122.8%109.6%54.5%48.2%18.5%8.3%
5 Year450.3%393.5%107.3%92.5%28.9%11.1%

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 based on future cash flows and its price relative to the stock market?

19%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Mensch und Maschine Software's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Mensch und Maschine Software's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Mensch und Maschine Software is overvalued based on earnings compared to the DE Software industry average.

Mensch und Maschine Software is overvalued based on earnings compared to the Germany market.


Price Based on Expected Growth

Mensch und Maschine Software is poor value based on expected growth next year.


Price Based on Value of Assets

Mensch und Maschine Software is overvalued based on assets compared to the DE Software industry average.


Next Steps

Future Growth

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

17.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Mensch und Maschine Software's revenue is expected to grow by 10.1% yearly, however this is not considered high growth (20% yearly).

Mensch und Maschine Software's earnings are expected to grow by 17.3% yearly, however this is not considered high growth (20% yearly).

Mensch und Maschine Software's revenue growth is expected to exceed the Germany market average.

Mensch und Maschine Software's earnings growth is expected to exceed the Germany market average.

Mensch und Maschine Software's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Mensch und Maschine Software will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

30.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mensch und Maschine Software has delivered over 20% year on year earnings growth in the past 5 years.

Mensch und Maschine Software's 1-year earnings growth exceeds its 5-year average (37.3% vs 30%)

Mensch und Maschine Software's earnings growth has exceeded the DE Software industry average in the past year (37.3% vs 15.1%).


Return on Equity

Mensch und Maschine Software has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Mensch und Maschine Software used its assets more efficiently than the DE Software industry average last year based on Return on Assets.


Return on Capital Employed

Mensch und Maschine Software has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Mensch und Maschine Software's financial position?


Financial Position Analysis

Mensch und Maschine Software is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Mensch und Maschine Software's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Mensch und Maschine Software's level of debt (32.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (104.4% vs 32.9% today).

Debt is well covered by operating cash flow (65.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 90.7x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.4x debt.


Next Steps

Dividend

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

3.05%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Mensch und Maschine Software's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.49%).

Mensch und Maschine Software's dividend is below the markets top 25% of dividend payers in Germany (3.92%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.3x coverage).


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?

0.4yrs

Average board tenure


CEO

Adi Drotleff

€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

0.4yrs

Average Tenure

The average tenure for the Mensch und Maschine Software board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Adi Drotleff

    Founder

    • Compensation: 236.00k
  • Christoph Aschenbrenner

    COO & Member of Board of Managing Directors

    • Tenure: 5.0yrs
  • Markus Pech (45yo)

    CFO & Member of Board of Managing Directors

    • Tenure: 3.3yrs

Board Members

  • Adi Drotleff

    Founder

    • Tenure: 13.2yrs
    • Compensation: 236.00k
  • Heike Lies

    Deputy Chairwoman of Administrative Board

    • Tenure: 0.3yrs
  • Johannes Harl

    Administrative Board Member

    • Tenure: 0.4yrs

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: DB
  • Founded: 1984
  • Industry: application software
  • Sector: software
  • Market Cap: €511.908m
  • Shares outstanding: 16.35m
  • Website: Click here

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

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 Analysis2019/07/19 20:46
End of Day Share Price2019/07/19 00:00
Earnings2019/03/31
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.